Business

The number of people who may think a banana costs $10 has exploded in the last few decades. The US has 902 billionaires this year, up from 66 in 1990, when the economy was less than half of its current size and $410 million was equivalent to $1 billion in today’s dollars. US billionaires are collectively worth about $7.6 trillion, according to…

Investor Cathie Wood, a long-time Tesla bull known for first investing in the company a decade ago at $13 per share, condemned the growing resistance to Tesla CEO Elon Musk’s potential $1 trillion pay package. Over the weekend, the ARK Invest CEO suggested the financial system that’s enabling the pushback against it is the one with the problem, not the…

Our nervous systems weren’t ready for the level of uncertainty we’re facing right now. That’s according to Dr. Brené Brown, author, researcher, and professor, who spoke at Fortune’s Most Powerful Women Conference in Washington, D.C. on Monday.  “It is extraordinarily difficult to be brave right now for a lot of different reasons,” Brown said. “Politics is one, but [also] radically…

The escalating trade clash between the U.S. and China has investors on edge, fearing it could mark the beginning of the end for global cooperation as we know it. On Friday, President Donald Trump called China’s new export controls “extraordinarily aggressive” and “hostile”; he threatened a retaliatory 100% tariff. (He later sought to deescalate the situation, calming U.S. markets.) For…

KPMG’s CEO Outlook survey offers an annual look behind the curtain at the issues keeping the top business leaders up at night. Every year, hundreds of leaders answer the call from the Big 4 accounting firm to speak frankly and anonymously about key issues that need to solved, and 400 participated in the 2025 edition. CEOs have a message for…

This year, Fortune’s Asia team is highlighting several women leaders who are showing influence and power beyond the corporate boardroom.  Here’s who made it onto Fortune’s first-ever “Most Influential Women” ranking: Twelve women from pop culture, policymaking and professional sports, who together show the diverse ways that power gets expressed across the Asia-Pacific. Blackpink Hallyu, the Korean wave, is taking…

McDonald’s is bringing back its iconic Monopoly game in the United States on Oct. 6, 2025, for the first time since the infamous “McMillions” scam, which saw $24 million in prizes stolen by an insider and his criminal network. This fan-favorite promotion returns after nearly 10 years away, having been shelved following the exposure of one of the biggest frauds…

Pentagon calls up 200 National Guard troops after Trump Portland announcement Source link

A Fox Corp. investment in TikTok would give the Murdoch media empire a platform with 170 million US users to promote a broad range of TV programming — from the NFL to The Simpsons  — and a chance to redeem the family’s catastrophic purchase of MySpace 20 years ago. Fox is considering making an investment in TikTok as part of a group that includes Oracle Corp.,…

Disney said Monday that Jimmy Kimmel’s late-night show will return to ABC on Tuesday, after suspending it last week amid a revolt from network affiliates over the comedian’s comments about Charlie Kirk’s assassination. The reversal from the media and entertainment giant comes after Kimmel supporters pushed for a boycott of Disney’s content, products, and theme parks. “Last Wednesday, we made…