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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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Russian President Vladimir Putin
It started with one viral influencer complaining about Russia’s economy. Now a record 60% of Russians are pessimistic about their country’s outlook

Russia’s economy has been remarkably resilient, but it could be losing one of its most vital resources: public trust.

By Tristan BoveJune 30, 2026
Image of colored bar charts with one being pushed up.
AI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
kean
Tom Kean discloses depression diagnosis behind 4-month absence from Congress: ‘until you experience it yourself, it is difficult to fully understand’
By Mike Catalini, Joey Cappelletti and The Associated PressJune 30, 2026
Anthropic CEO Dario Amodei pointing to his head.
At the heart of Anthropic’s clashes with the U.S. government, a decision not to play by the new rules of Trump’s Washington
By Jeremy KahnJune 30, 2026
ark
Arkansas defies federal court to launch SNAP candy-and-soda ban Wednesday
By Travis Loller and The Associated PressJune 30, 2026
ice
ICE arrested a woman in a habit walking to mass, then released her after realizing she was a nun
By Valerie Gonzalez and The Associated PressJune 30, 2026
Law
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US President Donald Trump arrives to speak during a Rose Garden Club dinner with American farmers at the White House in Washington, DC, on June 25, 2026.
Trump takes his inflation battle to gas retailers after his plot against the Fed runs aground—sets target for $2.50 a gallon

“The retailers must quickly react to this statement, and do what they know is right — DROP YOUR PRICE FOR OUR GREAT AMERICAN PEOPLE!”

By Eleanor PringleJune 30, 2026
Gojek founder Makarim found guilty in Indonesia Chromebooks case

The 41-year-old was charged in relation to a decision to purchase more than a million Chromebooks for schools from 2020 to 2022.

By Chandra Asmara and BloombergJune 30, 2026
Supreme Court to Alan Dershowitz: take a hike with your $300 million defamation suit against CNN

Justices Neil Gorsuch and Clarence Thomas dissented, calling on the court to reconsider the legal standards for public figures who claim defamation.

By Lindsay Whitehurst and The Associated PressJune 29, 2026
One of Trump’s Supreme Court appointees just saved the late mail ballots he hates so much

Amy Coney Barrett wrote the 5-4 majority opinion handing Trump what he called a “tremendous loss” months before the midterms.

By Mark Sherman and The Associated PressJune 29, 2026
More in Law
Politics
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kean
New Jersey Republican to reappear in Congress after unexplained 4-month absence

Tom Kean Jr. resurfaces Tuesday after 100+ missed votes. His battleground New Jersey seat — and the GOP’s razor-thin majority — have been in limbo.

By Mike Catalini and The Associated PressJune 30, 2026
AI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says

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

By Jim EdwardsJune 30, 2026
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran

Qatar planned to release $6 billion in frozen Iranian assets that would be used to purchase U.S. food products for the Iranian people.

By Jon Gambrell, Josh Boak and The Associated PressJune 29, 2026
Supreme Court rules against Donald Trump in his quest to fire Fed Governor Lisa Cook — for now

The Supreme Court handed Trump sweeping power over independent agencies — but not to fire Lisa Cook.

By Mark Sherman and The Associated PressJune 29, 2026
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Latest Stories
Young couple looking sad in front of a home with a for sale sign
Real EstateGen Z and millennials aren’t convinced the American Dream exists anymore: Only 40% of them can afford to buy a home
By Tristan BoveJune 30, 2026
Stripe CEO Patrick Collison gestures with his hands as he speaks into a microphone before a congressional committee hearing.
CryptoStripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle
By Camila Grigera NaónJune 30, 2026
t
CommentaryNetflix could turn NBC into its biggest bet yet — and this time, the math actually works
By Jeffrey Sonnenfeld and Steven TianJune 30, 2026
A woman types into a kiosk at an airport.
Travel & Leisure‘You can expect prices to be high and stay high’: Domestic airfare is skyrocketing faster than international flight costs, despite using less jet fuel
By Sasha RogelbergJune 30, 2026
Young worker at desk
SuccessRemote-first fintech giant Revolut is making the office compulsory for new Gen Z grads—and they’ll earn flexibility like their peers after one year
By Emma BurleighJune 30, 2026
mill
InvestingAmerica added more than 1,200 millionaires per day in 2025, but the heyday of the ‘everyday millionaire’ is already over
By Nick LichtenbergJune 30, 2026
Henry Kravis
SuccessWall Street billionaire turned an hour meeting with Disney’s cofounder into an entire day together—all he did was read a report most analysts ignored
By Preston ForeJune 30, 2026
Meet the only Black woman chair of the board in the Fortune 500
NewslettersMeet the only Black woman chair of the board in the Fortune 500
By Emma HinchliffeJune 30, 2026
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Doctors and nurses huddle in a hospital hallway
EconomyTrump’s OBBBA will cap federal loans on July 1. Republicans are going over Trump’s head to save student loans for nurses
By Jacqueline MunisJune 17, 2026
sb
Personal Finance‘Social Security is on a collision course toward insolvency,’ watchdog says. It hasn’t been this bad since 1983
By Nick LichtenbergJune 17, 2026
Anthropic CEO Dario Amodei speaking into a microphone.
NewslettersDecision on Anthropic’s Fable and Mythos models means the U.S. has a licensing regime for frontier AI—it just doesn’t want to admit it
By Jeremy KahnJune 16, 2026
U.S. Treasury Secretary Scott Bessent.
EconomyTrump turned the dollar into a foreign policy tool, and now risks undermining the currency’s extraordinary status, think tank says
By Tristan BoveJune 16, 2026
Chairman of the Federal Reserve Kevin Warsh arrives to his swearing-in ceremony to be the new Chairman of the Federal Reserve in the East Room of the White House on May 22, 2026 in Washington, DC.
EconomyKevin Warsh’s first Fed test is here: He must navigate hawks ‘on the offensive’ and Wall Street’s hunger for details on regime change
By Eleanor PringleJune 16, 2026
‘It’s on us’: Luigi Mangione’s hearing delayed after DA failed to request him from jail
Law‘It’s on us’: Luigi Mangione’s hearing delayed after DA failed to request him from jail
By Michael R. Sisak and The Associated PressJune 16, 2026
Dario Amodei, co-founder and chief executive officer of Anthropic, at Bloomberg House
AIThe shutdown of Anthropic’s Mythos model sparks a global scramble for sovereign AI
By Beatrice NolanJune 16, 2026
trump
Middle EastIran, Trump have a common problem in their deal to end the war: Israel
By Jon Gambrell, Sam Metz, Samy Magdy and The Associated PressJune 16, 2026
cj
CommentaryIBM’s $17 million DOJ settlement makes the case for civility
By Carolynn JohnsonJune 16, 2026
U.S. President Donald Trump speaks with reporters while aboard Air Force One en route to Chippewa Falls, Wisconsin on June 5, 2026.
EconomyTariffs are generating only 25% of the revenue needed to pay interest on national debt—despite pitch that it would be a silver bullet
By Eleanor PringleJune 16, 2026
More than manufacturing: Vietnam has hopes to become Asia’s next cultural powerhouse
MagazineMore than manufacturing: Vietnam has hopes to become Asia’s next cultural powerhouse
By Lee WilliamsonJune 16, 2026
A woman wearing a hat and scarf holds a sign that says, "Don't let data centers drain us."
PoliticsData center hate is snowballing, and construction setbacks in the first three months of 2026 have already exceeded last year’s, report finds
By Sasha RogelbergJune 16, 2026
President Donald Trump shakes hands with American mixed martial artist Josh Hokit as Hokit stands on the edge of the UFC ring during a championship event at the White House.
CryptoUFC fighters at the White House got paid with Trump family stablecoins—but an ethics expert says a gap in the law allows this
By Camila Grigera NaónJune 15, 2026
gavin
PoliticsGavin Newsom accuses Trump of launching political probe into him. The real issue may be his wife’s taxes
By Sophie Austin, Alanna Durkin Richer and The Associated PressJune 15, 2026
Katie Moussouris, the founder and CEO of Luta Security.
AI‘Fix this code’—the three little words behind the U.S. government decision that shut down Anthropic’s Fable and Mythos AI models
By Jeremy KahnJune 15, 2026
Beagle breeding farm to shutter for good after rescue group buys nearly 1,500 dogs following violent protests where cops teared gassed activists
North AmericaBeagle breeding farm to shutter for good after rescue group buys nearly 1,500 dogs following violent protests where cops teared gassed activists
By The Associated PressJune 15, 2026
mitch
North AmericaMitch McConnell, 84, hospitalized with no details released; term ends in January
By The Associated PressJune 15, 2026
gilgo
North AmericaThe Gilgo Beach serial killer is reading crime novels and trying to befriend other serial killers in jail, sheriff says
By Philip Marcelo, Julie Walker and The Associated PressJune 15, 2026
3d
North America‘It’s not going to work’: New York’s 3D printer gun-blocking law isn’t even supported by its own supporters
By David A. Lieb and The Associated PressJune 15, 2026
non
MPWAmerica’s nonprofits and foundations launch huge PR campaign because Washington is treating them like an enemy
By James Pollard and The Associated PressJune 15, 2026
ufo
North AmericaPentagon’s third UFO release has fish-scaled potatoes and red orbs. Still no aliens
By Collin Binkley and The Associated PressJune 15, 2026
pete
EnvironmentWind industry accuses Pentagon of stealth $47 billion freeze on clean energy in 21 states
By Jennifer McDermott and The Associated PressJune 15, 2026
tyra
Arts & EntertainmentTyra Banks sues Netflix for defamation over ‘Next Top Model’ documentary editing
By The Associated PressJune 15, 2026
italy
EuropeMeloni was about to become Italy’s longest-serving leader. Then ‘Il Generale’ stole her right flank
By Giada Zampano and The Associated PressJune 15, 2026
Trump gets the peace deal he wants and rages against Israel’s Netanyahu: ‘He has no f—ing judgement. I let him know that’
EconomyTrump gets the peace deal he wants and rages against Israel’s Netanyahu: ‘He has no f—ing judgement. I let him know that’
By Jim EdwardsJune 15, 2026
Trump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’
PoliticsTrump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’
By Julia Frankel, Abby Sewell, Munir Ahmed, Will Weissert and The Associated PressJune 14, 2026
Vietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
CommentaryVietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
By Brian McFeeters and Vu Tu ThanhJune 14, 2026
Iran pushes differing versions of deal as U.S. sticks to timeline
PoliticsIran pushes differing versions of deal as U.S. sticks to timeline
By Salma El Wardany, Arsalan Shahla and BloombergJune 14, 2026
Just months after Trump warned states not to regulate AI, Republican and Democratic lawmakers are doing it anyway
PoliticsJust months after Trump warned states not to regulate AI, Republican and Democratic lawmakers are doing it anyway
By Marc Levy and The Associated PressJune 14, 2026
Early vote tally shows Switzerland rejecting bid to cap population at 10 million, a proposal dubbed the ‘Swiss Brexit’
EuropeEarly vote tally shows Switzerland rejecting bid to cap population at 10 million, a proposal dubbed the ‘Swiss Brexit’
By Jamey Keaten and The Associated PressJune 14, 2026
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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse placeplaceholder alt text
By Sydney LakeJune 29, 2026
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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
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