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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

3

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

1

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

2

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

3

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
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U.S. military launches 10th straight night of airstrikes on Iran as Houthi allies threaten Red Sea, but glimmers of hope appear on diplomatic front
U.S. military launches 10th straight night of airstrikes on Iran as Houthi allies threaten Red Sea, but glimmers of hope appear on diplomatic front

Iran’s interior minister traveled to Pakistan, a key mediator in the conflict, for talks.

By Jon Gambrell and The Associated PressJuly 20, 2026
Trump to impose 50% tariffs on most Canadian goods, invoking the ‘nuclear option’ that could unleash a new wave of economic chaos and inflation
Trump to impose 50% tariffs on most Canadian goods, invoking the ‘nuclear option’ that could unleash a new wave of economic chaos and inflation
By Josh Boak and The Associated PressJuly 20, 2026
Three women chop their way into the record books at Lumberjack World Championships
Three women chop their way into the record books at Lumberjack World Championships
By The Associated Press and Ellen SchmidtJuly 20, 2026
President Donald Trump walks down the steps from Air Force One.
Trump admin attempted to uncover phone records of NYT journalists and sources related to coverage of Qatari-gifted Air Force One
By The Associated Press, Eric Tucker and Jocelyn NoveckJuly 20, 2026
Alaskan pilot Ken Jouppi sits in an aircraft hanger in front of a plane.
A passenger brought a 6-pack of beer on an Alaskan pilot’s plane. He now has to defend his plane’s seizure in front of the Supreme Court
By The Associated Press and Michael KunzelmanJuly 20, 2026
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
LaLiga president says tech is already making the fan experience better, and it could solve football’s money problem too
By Catherina GioinoJuly 20, 2026
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Blue Owl Capital owns about a third of the Freedom Fuel properties: A look inside the $3.47 gas chain
Blue Owl Capital owns about a third of the Freedom Fuel properties: A look inside the $3.47 gas chain

Records indicate the $3.47 gas chain Trump promoted to an NFL coach, a GOP fundraiser, and two New Jersey brothers.

By Brian Slodysko, Michael Biesecker and Josh BoakJuly 20, 2026
‘It is a failure by AliExpress’: European Commission fines the Chinese marketplace $629 million for not blocking counterfeit goods

The online retailer allegedly breached the European Union’s Digital Services Act, mainly through the spread of “counterfeit clothing” and “illegal and harmful products.”

By The Associated Press and Mike CorderJuly 20, 2026
Judge halts Paramount-Warner’s $81 billion merger for two weeks after states warn it would ‘extinguish competition’

The two week pause will give a coalition of 12 states more time to challenge a deal they say would reduce competition and consumer choice.

By The Associated Press and Wyatte Grantham-PhilipsJuly 20, 2026
French President Macron backs effort to ban kids under 15 from social media before departing office next year

With growing social media safety concerns, French lawmakers seek to ban social media for anyone under the age of 15 before the start of the school year.

By The Associated Press and Samuel PetrequinJuly 20, 2026
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North America
More in North America
FIFA President Gianni Infantino puts up a hand to show a thumbs up gesture at a World Cup game.
FIFA President Infantino spent over 100 hours in the air during the 2026 World Cup amid pledge to reduce carbon emissions

Flight logs show the FIFA President utilized a private jet gifted by World Cup sponsor Qatar Airways to travel to 21 different airports throughout the tournament.

By The Associated Press and Rio YamatJuly 20, 2026
Over $10 million, 35 coastal organizations, and 16 states led to a comeback of the Oystercatcher bird population

Known for their sharp bills and beady eyes, the seabirds have been steadily supported through wildlife conservation efforts for over a decade.

By The Associated Press and Michael CaseyJuly 20, 2026
U.S. bombs Iran for ninth straight night as Tehran strikes Kuwait, Jordan, and Bahrain

Iran launched attacks on U.S. allies across the Gulf after another round of American airstrikes, while Brent crude climbed above $88 a barrel.

By The Associated Press and Jon GambrellJuly 20, 2026
Hugging Face says it resorted to a Chinese AI model to battle a fully autonomous cyberattack because U.S. model guardrails stymied its defense

Hugging Face experienced one of the first document autonomous AI cyber attacks. It said American models were not up to the task of defending it, while GLM 5.2 from China’s Z.ai saved the day.

By Emily ForliniJuly 20, 2026
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Asia
More in Asia
japan
Japan’s monetary conundrum — why the yen hit a 40-year low as interest rates hit a 31-year high

Japan hiked rates to chase inflation—but its real problem is money that never showed up.

By Steve H. Hanke and John GreenwoodJuly 20, 2026
The people sewing your clothes can’t see the stitches clearly — a $10 pair of glasses could unlock $27 billion in gains

A trial found every $1 spent on vision screening returned $3.37 in productivity: “Before I got the glasses, it took me a long time to thread the needle.”

By Al Emrun Garjon, Julhas Alam and The Associated PressJuly 19, 2026
Korea’s AI-heavy market now sets the tone for global stocks

“We are all Korean investors now,” said Hani Redha, a London-based portfolio manager at PineBridge Investments.

By Winnie Hsu, Momoka Yokoyama, Masaki Kondo and BloombergJuly 19, 2026
A weak yen turned Tokyo into a steal. A strong shekel turned Tel Aviv into the world’s most expensive city to buy McDonald’s

A new Deutsche Bank report highlights how defense spending bolstered the shekel and a weak yen helped Japan have the cheapest iPhones in the world.

By Mia OsmonbekovJuly 19, 2026
More in Asia
Global
More in Global
Mark Cuban, in front of a purple background, has his mouth open and is looking to his left.
Mark Cuban says he has the solution to growing income inequality, and it’s to reward every employee—from CEO to janitor—with company stock

“I would like to see it so that every single CEO/founder/entrepreneur does what I did, which was to give equity to every single employee,” Cuban said.

By Sasha RogelbergJuly 20, 2026
Types of mortgage loans: A guide to choosing the right one

We walk you through conventional, government-backed, jumbo loans and more, so you can find the best mortgage for your needs.

By Joseph HostetlerJuly 20, 2026
Spain’s Ferran Torres scored the winning goal in the World Cup—but just four years ago, he was in therapy and stuck in a ‘bottomless pit’

Ferran Torres said he “could not see a way out” after a $62.8 million Barcelona deal—and half of athletes struggle with mental health problems.

By Emma BurleighJuly 20, 2026
Christopher Nolan was rejected from film school as a teen. Today, the Oscar-winning director behind  ‘The Odyssey’ is worth $250 million

Before Christopher Nolan became one of Hollywood’s most successful directors, he faced rejection: ‘Film school didn’t want me.’

By Preston ForeJuly 20, 2026
More in Global
Latest stories from Fortune
Forget ‘baby bonuses.’ Nobel Laureate Claudia Goldin says birth rates hinge on dependable fathers
Newsletters
Forget ‘baby bonuses.’ Nobel Laureate Claudia Goldin says birth rates hinge on dependable fathers
By Emma HinchliffeJuly 20, 2026
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
Economy
The Treasury is walking a tightrope on U.S. debt by relying so much on short-term rates that are at the mercy of a suddenly very hawkish Fed
By Jason MaJuly 20, 2026
Volvo car CEO pushes back on Navarro’s ‘Pirate’ China comments
Europe
Volvo car CEO pushes back on Navarro’s ‘Pirate’ China comments
By Rafaela Lindeberg and BloombergJuly 20, 2026
FDA walks back positive lab test while lettuce recall continues
Health
FDA walks back positive lab test while lettuce recall continues
By Bloomberg, Kristina Peterson, Jessica Nix and Daniela SirtoriJuly 20, 2026
Sumeet Agrawal is VP of Product Management (Data, AI Governance & Context Engineering for Agentic Systems) at Salesforce.
Commentary
Salesforce VP on the leaky AI pipeline: why cheaper tokens won’t fix enterprise AI
By Sumeet AgrawalJuly 20, 2026
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
debt
Personal Finance
Student loan defaults hit record $233 billion with 1 in 5 borrowers over 9 months behind
By Nicky Forster, Heather Hollingsworth and The Associated PressJuly 20, 2026
debt
Personal Finance
Meet a 40-year-old who filed for bankruptcy in 2022 but still can’t erase $94,000 in student-loan debt: ‘you’re just lost in the system somewhere’
By Heather Hollingsworth, Nicky Forster and The Associated PressJuly 20, 2026
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Man speaks into a microphobe
Investing
An SEC email address mix-up is causing confusion and threatening to disrupt its proposal to scrap quarterly reporting requirements
By Amanda GerutJuly 14, 2026
Trump reduces size of two national monuments by 90% in efforts to expand land development
Environment
Trump reduces size of two national monuments by 90% in efforts to expand land development
By The Associated Press, Matthew Brown and Savannah PetersJuly 14, 2026
New experimental Alzheimer’s drug shows potential after study shows slower cognitive decline
Health
New experimental Alzheimer’s drug shows potential after study shows slower cognitive decline
By Lauran NeergaardJuly 14, 2026
U.S.-Russia space crew arrives at the ISS despite bitter space race past
North America
U.S.-Russia space crew arrives at the ISS despite bitter space race past
By Vladimir Isachenkov and The Associated PressJuly 14, 2026
What is dwelling coverage in home insurance?
Personal Finance
What is dwelling coverage in home insurance?
By Joseph HostetlerJuly 14, 2026
NYS Gov. Kathy Hochul standing at a podium
North America
‘New York will lead the way’: NYS Gov. Hochul’s data center moratorium includes a new model for funding AI infrastructure 
By Tatiana SatauaJuly 14, 2026
Taco Bell pulls some items as parasite outbreak spreads
Retail
Taco Bell pulls some items as parasite outbreak spreads
By Daniela Sirtori, Lily Meier, Erinn Gardner and BloombergJuly 14, 2026
Twelve states sue Paramount over $81 billion Warner Bros. merger, arguing it would ‘extinguish competition’ and lead to lower quality shows
Law
Twelve states sue Paramount over $81 billion Warner Bros. merger, arguing it would ‘extinguish competition’ and lead to lower quality shows
By Wyatte Grantham-PhilipsJuly 14, 2026
A leadership consultant’s warning to managers: Don’t mistake grief for underperformance
Workplace Culture
A leadership consultant’s warning to managers: Don’t mistake grief for underperformance
By Mikaela Cohen and HR BrewJuly 14, 2026
Kids near table in a school setting
North America
Native American graduation rates hit a record high but tribal leaders fear Trump-era cuts could reverse the gains
By The Associated Press and Savannah PetersJuly 14, 2026
‘Close to as good as it gets’: Jamie Dimon just offered another warning on bubbly markets as Wall Street had a monster quarter
Banking
‘Close to as good as it gets’: Jamie Dimon just offered another warning on bubbly markets as Wall Street had a monster quarter
By Mia OsmonbekovJuly 14, 2026
A headshot of Dave Bozeman, CEO of C.H. Robinson.
Newsletters
The secrets of an unheralded AI success story
By Jeremy KahnJuly 14, 2026
housing
North America
The first major housing law since the 1990s skips the one fix that economists say renters need
By Kirk McClure, Alex Schwartz and The ConversationJuly 14, 2026
aca
Economy
Data centers boost jobs 4% in cities and rural economies barely feel a dent, study shows
By Daniel Yue, Yiyang Zeng and The ConversationJuly 14, 2026
Phones in hand
Cybersecurity
A new FCC proposal could spell the end of the burner phone
By Catherina GioinoJuly 14, 2026
aca
North America
2.6 million Americans dropped ACA coverage as subsidies expired — fraud or price shock?
By Aparna Soni and The ConversationJuly 14, 2026
fda
Commentary
Trust in the FDA is collapsing. It’s time to get really transparent about our food and our drugs
By Jeffrey Sonnenfeld, Megan Ranney, Sten Vermund, Patricia Greenstein and Steven TianJuly 14, 2026
Judge said Trump’s $10 billion leaked IRS tax return lawsuit was filed for ‘improper purpose’ and referred one of his lawyers for disciplinary action
Politics
Judge said Trump’s $10 billion leaked IRS tax return lawsuit was filed for ‘improper purpose’ and referred one of his lawyers for disciplinary action
By The Associated Press, Eric Tucker and Alanna Durkin RicherJuly 14, 2026
The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
Asia
The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
By The Associated Press and Chan Ho-HimJuly 14, 2026
After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
North America
After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
By Marco Quiroz-GutierrezJuly 14, 2026
Golfer at a bay.
C-Suite
Topgolf’s CEO thinks the sport’s next star could get their start at one of its driving ranges
By Catherina GioinoJuly 14, 2026
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
AI
‘Those who condemn AI are themselves spitting upward’: SoftBank’s CEO estimates $5 trillion needed annually to meet AI demand
By The Associated Press and Mayuko OnoJuly 14, 2026
Justices ask Congress for more security funding as Barrett reveals she wore a bulletproof vest: ‘Performing this service… put me in this position’
Politics
Justices ask Congress for more security funding as Barrett reveals she wore a bulletproof vest: ‘Performing this service… put me in this position’
By The Associated Press and Lindsay WhitehurstJuly 14, 2026
Kevin Warsh won’t say if the Fed is done raising rates, even as he says the Fed has ‘no tolerance’ for high inflation and Trump pressure looms
Economy
Kevin Warsh won’t say if the Fed is done raising rates, even as he says the Fed has ‘no tolerance’ for high inflation and Trump pressure looms
By The Associated Press and Christopher RugaberJuly 14, 2026
Ramp’s billionaire CEO ignores résumés and Ivy League degrees—he’s more interested in engineers who built Minecraft servers as teens
Success
Ramp’s billionaire CEO ignores résumés and Ivy League degrees—he’s more interested in engineers who built Minecraft servers as teens
By Sydney LakeJuly 14, 2026
Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data
AI
Goldman economist offers a reality check on AI adoption: it took 15 years for computers to really show up in the data
By Nick LichtenbergJuly 14, 2026
kh
Politics
New York, a state without nearly any data centers, becomes first to ban their construction
By Anthony Izaguirre and The Associated PressJuly 14, 2026
mm
North America
Washington gerontocracy meets its receipt-check moment: ‘I think we need some transparency’
By Jill Colvin and The Associated PressJuly 14, 2026
JPMorgan’s Jamie Dimon
Success
JPMorgan CEO Jamie Dimon says he’s eyeing up book deals and teaching gigs when he steps away from his decades-long career at the banking giant
By Emma BurleighJuly 14, 2026
w
Banking
‘He found their weakness. It might have been sex. It might be power’: Warren Buffett stunned by Epstein pull as he snubs Gates Foundation
By Josh Funk and The Associated PressJuly 14, 2026
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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billionplaceholder alt text
By Sydney LakeJuly 20, 2026
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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimisticplaceholder alt text
By Jason MaJuly 18, 2026
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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stockplaceholder alt text
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