Economy

Trump broke his promise to lower — and eliminate — the national debt. A top investor thinks he’s the ‘worst-spending president in history’

Trump broke his promise to lower — and eliminate — the national debt. A top investor thinks he’s the ‘worst-spending president in history’

“The number one job of the President is to get the deficit under control,” Jason Calacanis wrote in a post on X.

By Marco Quiroz-GutierrezJuly 29, 2026

Photo of Trump

Netanyahu and Zelenskyy meet Trump at the White House as Washington honors Lindsey Graham

By The Associated PressJuly 28, 2026

Stressed rich Gen Zer looks at laptop

Despite making over $135K, 1 in 5 high earners feel ‘depressed’ when thinking about their finances—they may have ‘money dysmorphia’

By Emma BurleighJuly 28, 2026

Jeff Zucker is banking on the UAE to help build his new $8 billion entertainment empire

Jeff Zucker is banking on the UAE to help build his new $8 billion entertainment empire

By Melissa HancockJuly 28, 2026

Sad-looking young woman

The brutal math behind Gen Z’s lonely weekends: $15 drinks are driving a generational ‘spending hangover’

By Nick LichtenbergJuly 28, 2026

imf

IMF praises ‘sacrifice of the Argentine people’ as Milei’s austerity measures bring end of debt deals into view

By Débora Rey and The Associated PressJuly 28, 2026

Latest stories from Fortune

FIFA’s plan to raise billions from investors is sparking a backlash—one insider says Europe is angry because it could change soccer’s balance of power

Startups & Venture

FIFA’s plan to raise billions from investors is sparking a backlash—one insider says Europe is angry because it could change soccer’s balance of power

By Allie GarfinkleJuly 28, 2026

Photo of Zelenskyy before the funeral service

Trump, Zelenskyy discuss expanding Ukraine’s Patriot missile production in closed meeting ahead of Lindsey Graham’s funeral

By The Associated Press and Seung Min KimJuly 28, 2026

Photo of former CEO David Wenig

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

By The Associated Press and Leah WillinghamJuly 28, 2026

TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

TSMC and Tencent break into the top 100 of the Fortune Global 500 list, as Asia rides the AI boom

By Angelica AngJuly 28, 2026

Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’

Nvidia’s Jensen Huang says AI is killing tasks not jobs—and the white-collar bloodbath narrative gets the future of work ‘exactly backwards’

By Marco Quiroz-GutierrezJuly 28, 2026

Coinbase and Robinhood are in a heated battle rivalry—and this week’s Q2 earnings will show who has the edge

Coinbase and Robinhood are in a heated battle rivalry—and this week’s Q2 earnings will show who has the edge

By Jeff John RobertsJuly 28, 2026

Photo of Trump and Xi Jinping

Trump administration weighs spending nearly half a billion to counter China’s global influence after DOGE cuts halted some initiatives

By The Associated Press and Matthew LeeJuly 28, 2026

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2026 in New York.

‘A lot of panic around the AI investment’: How a chip slump is driving the Nasdaq toward correction

By Eva RoytburgJuly 28, 2026

More Economy

‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger

‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger

By Melissa HancockJuly 28, 2026

Middle East
Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of air strikes amid talks for potential Hormuz deal
By Jason MaJuly 25, 2026

President Donald Trump meets with Chinese President Xi Jinping in Beijing, China on May 14, 2026.

China’s exports are so huge they’re now lowering inflation in other countries

By Eleanor PringleJuly 28, 2026

Record heat gives way to global winter gas shortage fears as Iran war rages on

Record heat gives way to global winter gas shortage fears as Iran war rages on

By Jordan BlumJuly 28, 2026

Forget your degree: Gen Z say reselling their old clothes on Depop taught them more about business—and 85% of hiring managers actually agree

Forget your degree: Gen Z say reselling their old clothes on Depop taught them more about business—and 85% of hiring managers actually agree

By Orianna Rosa RoyleJuly 28, 2026

Elon Musk’s vision of a post-money future got mocked. Vinod Khosla warns it could become a dystopia instead

Elon Musk’s vision of a post-money future got mocked. Vinod Khosla warns it could become a dystopia instead

By Nick LichtenbergJuly 27, 2026

magic

What Magic: The Gathering’s record year reveals about America’s stalled adulthood economy

By Nick LichtenbergJuly 27, 2026

Economy
Meet the Americans learning to go without after the biggest grocery inflation in 50 years
By Dee-Ann Durbin, Terry Tang, Maggie Scales, Sandy Guatibonza, Hikari Mae Hida and The Associated PressJuly 25, 2026

guano

The Strait of Hormuz isn’t fertilizer’s first starring role — an 1856 law still defines U.S. overseas territory

By Edward D. Melillo and The ConversationJuly 27, 2026

Photo of Tobias Lütke

Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

By Nick LichtenbergJuly 27, 2026

Photo of man walking past anti-U.S. graffit "Down with USA" in Tehran

U.S. and Iran edge toward talks as Hormuz shipping hits three-week low, regional officials say

By The Associated Press, Samy Magdy and Elena BecatorosJuly 27, 2026

Photo of a New Yorker mother

Fuel prices stemming from a war in Iran is reshaping daily life for people in the U.S. and Chile to Turkey and Nepal

By The Associated Press and Aniruddha GhosalJuly 27, 2026

‘Kryptonite to November voters’: Trump’s Michigan visit puts the GOP’s dilemma on display

By Will Weissert and The Associated PressJuly 27, 2026

Economy
‘Rockets and feathers’: Economists say grocery prices shoot up like the first, fall like the second
By Dee-Ann Durbin and The Associated PressJuly 25, 2026

canada

Canada’s awkward tariff summer: Gordie Howe Bridge opens for traffic a week after Michigan and White House officials got uninvited

By The Associated PressJuly 27, 2026

trump

In the Age of Big Players, $100,000 buys you a head start on Trump’s mood

By Steve H. Hanke and Roger KopplJuly 27, 2026

shapiro

The midterms may come down to just 20 House races, including ‘the swingiest swing state’: Pennsylvania

By Mike Catalini and The Associated PressJuly 27, 2026

President Donald Trump makes an announcement on American nuclear innovation in the Oval Office at the White House on July 24, 2026 in Washington, DC.

Trump can’t stop shooting himself in the foot, as the stage looks set once again for Warsh to hold—if not hike—interest rates

By Eleanor PringleJuly 27, 2026

Europe’s employers face a new challenge—keeping workers safe during heatwaves

Europe’s employers face a new challenge—keeping workers safe during heatwaves

By Oliver BalchJuly 27, 2026

Photo of downtown Seattle

One-third of Seattle’s downtown is empty: Here’s how America’s boomtown turned into one of the toughest places to find a job

By Nick LichtenbergJuly 27, 2026

Money usually wins elections. Billionaires have already poured $433 million into the 2026 midterms—and 80% of it is going to Republicans

Money usually wins elections. Billionaires have already poured $433 million into the 2026 midterms—and 80% of it is going to Republicans

By Sydney LakeJuly 27, 2026

China is using the steel playbook on AI—and America’s tech billionaires are standing in the blast zone

By Nick LichtenbergJuly 27, 2026

the world

McKinsey: Global households got $40 trillion richer in 2025 as the paper wealth economy swelled to $1.8 quadrillion

By Nick LichtenbergJuly 27, 2026

Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting

Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting

By Jason MaJuly 26, 2026

Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse

Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse

By Jason MaJuly 26, 2026

New tariffs could allow Trump to make levies permanent without going to Congress — ‘he’s trying every side door and every unlatched window to get in’

New tariffs could allow Trump to make levies permanent without going to Congress — ‘he’s trying every side door and every unlatched window to get in’

By Mae Anderson and The Associated PressJuly 26, 2026

Stressed out Gen X woman

Despite nearing their 60s, nearly four in 10 Americans heading towards the end of their careers don’t even have a retirement account

By Emma BurleighJuly 26, 2026

No, Miami isn’t more expensive than New York. But it may be less ‘affordable’

No, Miami isn’t more expensive than New York. But it may be less ‘affordable’

By Catherina GioinoJuly 26, 2026

The Trump administration has accrued roughly $26.7 billion across 30 equity or quasi-equity deals

The U.S. government invested $27 billion in corporate stakes. Good luck finding them

By Eva RoytburgJuly 26, 2026

Photo of young woman observing the man she’s talking to

College-educated women are snapping up the highest-earning men without college degrees, leaving the rest further behind

By Mia OsmonbekovJuly 26, 2026

Fans Watch Super Bowl LX In California beneath tv screens with betting ads

Gambling becomes America’s favorite pastime as Americans spend more on sports bets than movies, arts, museums, and music combined

By Catherina GioinoJuly 26, 2026

Let’s get ready to rumble: The next Fed meeting will be a ‘family feud’—and that’s exactly what Chairman Kevin Warsh wants

Let’s get ready to rumble: The next Fed meeting will be a ‘family feud’—and that’s exactly what Chairman Kevin Warsh wants

By Jason MaJuly 25, 2026

The ‘Trump Trade’ is turning into a loser in the stock market

The ‘Trump Trade’ is turning into a loser in the stock market

By Geoffrey Morgan, Joel Leon and BloombergJuly 25, 2026

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Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?

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By Nick LichtenbergJuly 27, 2026

eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats

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By The Associated Press and Leah WillinghamJuly 28, 2026

Personal Finance

Current price of oil as of July 28, 2026

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By Joseph HostetlerJuly 28, 2026