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Desalination plants, a vital source of Mideast drinking water, come under attack as renewed U.S.-Iran war escalates to target infrastructure
Macro

Desalination plants, a vital source of Mideast drinking water, come under attack as renewed U.S.-Iran war escalates to target infrastructure

Iran struck a Kuwait desalination plant twice in two days. U.S. airstrikes hit an electricity and desalination plant in Iran’s southern Hormozgan province, state TV said.

fortune.com · Jul 18, 2026 · 1 min read
It’s time to dump time zones
Macro

It’s time to dump time zones

Wall Street already runs on Coordinated Universal Time. So why not the rest of the country?

fortune.com · Jul 18, 2026 · 1 min read
Goldman Sachs CEO says he’d hire someone ‘smart enough’ over the smartest person in the world because ultimately experience trumps brains
Macro

Goldman Sachs CEO says he’d hire someone ‘smart enough’ over the smartest person in the world because ultimately experience trumps brains

Relying on book smarts over real-life expertise won’t get one hired at the $337 billion bank, says Goldman Sachs boss David Solomon.

fortune.com · Jul 18, 2026 · 1 min read
U.S. soccer star Landon Donovan was raised by a single mom and said he wouldn’t break though today because youth sports have gotten too expensive
Macro

U.S. soccer star Landon Donovan was raised by a single mom and said he wouldn’t break though today because youth sports have gotten too expensive

“That's not a good system to create good players,” Donovan, a three-time FIFA World Cup participant, said. “How do you create good players by doing that? You can't.”

fortune.com · Jul 18, 2026 · 1 min read
Wall Street Embraces AI as Fed's Communication Shifts Under Warsh
Macro

Wall Street Embraces AI as Fed's Communication Shifts Under Warsh

As the Federal Reserve under Chairman Kevin Warsh adopts a more opaque communication style, investment firms are increasingly relying on artificial intelligence tools to decipher monetary policy signals. This shift could reshape market dynamics and investment strategies, leaving many market participants scrambling to adapt.

assetmarketcap.com · Jul 18, 2026 · 5 min read
'WarshGPT': How Wall Street is adapting to the Fed's new era of communication
Macro

'WarshGPT': How Wall Street is adapting to the Fed's new era of communication

Investment firms are readying for an era with less public commentary from the U.S. central bank. Some are relying on AI for an edge.

cnbc.com · Jul 18, 2026 · 1 min read
‘I’m an example of what I’ve preached’: Dan Ives knows AI has a ‘PR problem’ but it led to his massive career change after 25 years on Wall Street
Macro

‘I’m an example of what I’ve preached’: Dan Ives knows AI has a ‘PR problem’ but it led to his massive career change after 25 years on Wall Street

"We're going to look back on this period," the co-founder of Yorkville Ives told Fortune, "and realize this is building the Vegas Strip in 1955."

fortune.com · Jul 18, 2026 · 1 min read
Peter Thiel just gave the public its closest look yet at his ‘Antichrist’ theory—and it’s a tech and climate regulator
Macro

Peter Thiel just gave the public its closest look yet at his ‘Antichrist’ theory—and it’s a tech and climate regulator

"The Antichrist interests me for several reasons," Thiel writes, "mostly because nobody else is talking about it."

fortune.com · Jul 18, 2026 · 1 min read
Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI
Macro

Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI

America's labor force will shrink by 6 million workers by 2032. If you're worried about AI taking your job, you're worrying about the wrong thing.

fortune.com · Jul 18, 2026 · 1 min read
Can Germany's ambitious reform package revive its economy?
Macro

Can Germany's ambitious reform package revive its economy?

Germany's coalition government unveils a comprehensive reform package aimed at revitalizing a stagnating economy. With tax cuts, labor reforms, and reduced bureaucracy, these measures seek to combat the challenges posed by Chinese competition and domestic inefficiencies. While experts view the reforms as a step in the right direction, questions remain about their potential to spur immediate growth. ## BODY: In a bold move to address its economic stagnation, Germany's fragile coalition governme

assetmarketcap.com · Jul 18, 2026 · 5 min read
Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran
Macro

Trump may have to choose between an endless quagmire and ceding the Strait of Hormuz to Iran

The global energy trade is likely changed forever by the outcome of the Iran war.

fortune.com · Jul 18, 2026 · 1 min read
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
Macro

SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’

A wave of wildly bullish price targets from Wall Street's SpaceX underwriters arrived just before the stock fell—raising questions about how much analysts really know.

fortune.com · Jul 18, 2026 · 1 min read
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
Macro

Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts

Fans looking to avoid paying for World Cup broadcasts are fueling a booming black market for stolen streaming accounts worth nearly $220 million, according to new research from HUMAN Security.

fortune.com · Jul 18, 2026 · 1 min read
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
Macro

After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others

Trump’s tariff program has gone from generating billions to forcing billions in refunds thanks to February's Supreme Court ruling.

fortune.com · Jul 17, 2026 · 1 min read
So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits
Macro

So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits

Increasingly, the founders and heads of companies like Home Depot, Walmart and LVMH are entering the sports world. There's a good reason for that.

fortune.com · Jul 17, 2026 · 1 min read
Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders
Macro

Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders

The Nvidia CEO's Tom Ford jacket, photomatched to a 2023 Taipei appearance, carried a $40,000-$60,000 estimate.

fortune.com · Jul 17, 2026 · 1 min read
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
Macro

Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive

Lower costs and open-source availability are prompting some companies to experiment with Chinese AI models, even as security concerns remain.

fortune.com · Jul 17, 2026 · 1 min read
OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off
Macro

OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off

Forget cost per token. Sarah Friar argues CFOs should judge AI by the work it actually completes.

fortune.com · Jul 17, 2026 · 1 min read
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Macro

Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album

K3 might undermine the conventional wisdom that U.S. firms can maintain their extended lead by simply outspending Chinese competitors on computing power.

fortune.com · Jul 17, 2026 · 1 min read
FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant
Macro

FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant

Raj Subramaniam became the second-ever CEO of FedEx by taking every opportunity thrown his way—including his roommate’s job interview.

fortune.com · Jul 17, 2026 · 1 min read
World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina
Macro

World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina

Overall prediction market bets tied to the World Cup on Kalshi and Polymarket have collectively exceeded $29 billion in total trading volume.

fortune.com · Jul 17, 2026 · 1 min read
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
Macro

The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz

The coverage ratio for hyperscaler bond issuance tumbled from 5x in February 2026 to below 2x in July.

fortune.com · Jul 17, 2026 · 1 min read
‘What a wonderful group of people’: Sam Adams beer founder said the Scots were consuming one every 12 seconds at their World Cup peak
Macro

‘What a wonderful group of people’: Sam Adams beer founder said the Scots were consuming one every 12 seconds at their World Cup peak

Scotland's fans drained Boston's taps dry during the World Cup, and Jim Koch says it's proof beer still beats Netflix at bringing people together.

fortune.com · Jul 17, 2026 · 1 min read
Europe’s lack of preparation for the brutal heat wave this year killed an extra 10,000 people, records show
Macro

Europe’s lack of preparation for the brutal heat wave this year killed an extra 10,000 people, records show

Measures of what researchers call “excess mortality” — the difference between the normally expected number of deaths and the actual — spiked in June.

fortune.com · Jul 17, 2026 · 1 min read
Broadcast networks wrestle with whether to air Trump’s conspiracy theories or get sanctioned for dropping him
Macro

Broadcast networks wrestle with whether to air Trump’s conspiracy theories or get sanctioned for dropping him

"Fraud like this should mean a revocation of their licenses," the president said as he ranted about nonexistent voter fraud.

fortune.com · Jul 17, 2026 · 1 min read
How a Californian DNA lab solved the oldest John Doe in American history
Macro

How a Californian DNA lab solved the oldest John Doe in American history

After 246 years, Pvt. John Pumphrey, Revolutionary War veteran, is unknown no more.

fortune.com · Jul 17, 2026 · 1 min read