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The Latest Breaking News from Fortune

LeBron James and the $500 million-plus sweepstakes: 5 cities race for the right to boost their economy with the chosen one

LeBron James brings more than on-court success with every team he joins, he also brings millions in economic impact.

Fortune

Lamine Yamal is the third-youngest World Cup finalist—and he was scouted from his working-class neighborhood at just 6 years old

World Cup star Lamine Yamal was raised by immigrant parents in Spain—now, he is earning $21.5 million from his day job alone.

Fortune

JPMorgan CEO Jamie Dimon says 300,000 workers are needed to rebuild American shipbuilding—with jobs paying $100,000 without a college degree

The American Dream now runs through the skilled trades, according to Jamie Dimon—and his bank is investing $24 million to ramp up training in Philadelphia.

Fortune

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Europe optimized its supply chains for cost. Now it must pay for resilience

Richard Saynor, CEO of Fortune 500 Europe company, Sandoz Group, and manufacturer of generic medicines, argues resilience requires investment that markets often fail to reward

Fortune

Exclusive: Visa launches new platform to provide stablecoin services to more than 200 million merchants

The new platform lets banks and fintechs mint, move, and manage stablecoins directly through its network.

Fortune

Warsh's Fed plan means it's time to read the bond market backward, says Morgan Stanley chief—and it could be great news for borrowers and homeowners

"If you can stabilize the volatility in the longer end by addressing the higher frequency of data in the shorter end ... it could be a really good thing," Morgan Stanley's Jim Caron tells Fortune.

Fortune

Morgan Stanley is riding high on the IPO boom with 70% of the top 100 unicorns in its pipeline, CFO says

Morgan Stanley is turning IPO relationships into recurring wealth revenue.

Fortune

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Exclusive: Prediction market startup Pascal raises $9 million to challenge heavyweights Kalshi and Polymarket

The New York-based startup raised a Series A led by Union Square Ventures.

Fortune

Exclusive: Marc Lore says Wonder is gearing up for an IPO after raising $650 million at a $9 billion valuation

Wonder, which owns Grubhub and Blue Apron, is betting robotics, AI, and a nationwide expansion can reshape restaurant delivery before going public.

Fortune

Genesys CEO: We can see firsthand how AI is changing — not replacing — work

Consumers expect AI to improve customer service. But not reaching a human agent is still one of the biggest frustrations that can drive them away.

Fortune

The time for Clarity is here: Congress has a chance to pass the most important technology law since the Telecoms Act

The Clarity Act is "a large-scale, forward-looking effort to embrace technological change and introduce consumer safeguards for a nascent technology" says a former top Congressman.

Fortune

Exclusive: Meet the AI employee that convinced Sequoia to invest $45 million in Sable

Startup Sable says its AI agent acts like a sales engineer and onboarding specialist, helping companies like Notion and Decagon automate customer conversations.

Fortune

Bunkerhill Health raises $55 million to put AI agents to work inside hospitals

Backed by Sequoia's Alfred Lin and Khosla Ventures, this startup is betting that healthcare's real AI opportunity isn't diagnosis—it's process.

Fortune

Southeast Asia ‘has not really moved up the value chain’ and risks missing the AI boom, says Standard Chartered’s chief ASEAN economist

“Every country wants to have the next Silicon Valley or be the next AI mega-producer, but getting there isn’t just a matter of snapping one's fingers."

Fortune

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New School economist: Trump Accounts will widen America’s wealth gaps

The $1,000 Baby Bonus is projected to grow to just $4,000 — unless you're already rich.

Fortune

Elon Musk loses trillionaire status as SpaceX stock deflates—and Wisconsin officials want him investigated for election 'bribery'

Everything you need to know before you reach the office this morning.

Fortune

Current price of oil as of July 16, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune

The legend of Cape Verde: How an island of half a million built the best team at the World Cup

Roberto Lopes almost deleted the LinkedIn message. Instead, he anchored a defense that stonewalled Spain and pushed Argentina to extra time.

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Fortune

As banks post blowout results, CEOs reckon with America’s inequality gap

Also: All the news and watercooler chat from Fortune.

Fortune

Exclusive: Disney’s cruise ship fleet generated $3 billion in the last fiscal year—and the company plans to add 5 more in a $60 billion expansion

The company has historically declined to break out financials for its ships—but the numbers can be found via a mysteriously named shell company that does not use the “Disney” name.

Fortune

The MacKenzie Scott paradox: How a bull market lets billionaires give away tens of billions without getting poorer

MacKenzie Scott has donated $26 billion, but is still worth more than $35 billion.

Fortune

Klook cofounder Ethan Lin thinks the U.S. can help grow one of Asia's largest travel platforms

"The U.S. is actually one of our largest markets, especially as Americans are taking a growing interest in APAC destinations."

Fortune

IBM shares plunge 25% after CEO admits company fell behind

The impact on IBM is double,” Constellation Research’s Holger Mueller told Fortune, saying that IBM’s data really “shows the AI pull.

Fortune

Scott Bessent says $1 coin with Trump's face on it will 'honor the enduring legacy of liberty' with a 'lasting symbol of patriotism'

Federal law bars a living person's portrait from appearing on U.S. currency. Treasury cites the Circulating Collectible Coin Redesign Act of 2020.

Fortune

Why IBM just suffered its worst stock crash of all time—and what it says about the 'dual bubble' in markets

The earnings behind AI stock may never have been real in the first place.

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