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The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says | Fortune

In the last six years, a surge of satellites in orbit has triggered what Northwood Space Chief Executive Bridgit Mendler called the “infrastructure building era” of space.Speaking at the Fortune Brainstorm Tech conference in Aspen, Colorado on Tuesday, Mendler...

Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful | Fortune

Asia-Pacific governments are increasingly asserting control over data produced by their citizens, businesses, and public bodies. Geopolitical uncertainty, the rise of AI, and worries over foreign tech dependence have convinced many regulators that data is a core national asset.And,...

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer | Fortune

In the early days of the Iran war, analysts held the grim prediction that crude oil prices would top $200 a barrel, nearly  triple pre-war prices. But more than three months into the conflict, their fears have not materialized,...

Cameron Stephens Appoints Steve Cameron as President & Chief Executive Officer

Article contentFounder Scott Cameron transitions to Executive Chairman, remaining actively engaged in credit oversight and investor relationships as the firm enters its next phase of growth.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in...

Seat the rich! World Cup ticket inflation reflects widening gap between haves and have-nots

In 1994, the last time U.S. stadiums hosted the World Cup, an average ticket cost US$58. The most expensive ticket for the final could be grabbed for $475.Adjusted for inflation, that would be $131 and...

California spends less than 0.5% of its state-controlled funds on homelessness

California’s leaders have repeatedly promised to tackle homelessness.“I know homelessness can be solved,” Gov. Gavin Newsom declared in his 2020 state of the state address. “This is our cause. This is our calling.”But six years...

A ‘MAGA Warrior’ Texas ag chief is publicly blasting the USDA over a flesh-eating pest threatening America’s beef supply | Fortune

A flesh-eating parasite’s reemergence in Texas after six decades isn’t just threatening to impose millions of dollars in losses on the cattle industry—it’s also causing a major rift between a MAGA diehard and the Trump administration over its response...

Visa’s CFO downplays the importance of stablecoin and agentic commerce to the U.S. payments giant—at least in the short term | Fortune

Payments giant Visa is growing at its fastest rate in years, but it’s not because of some of its latest innovations in digital currencies and agentic AI. Visa first started offering stablecoin settlements in 2023 and now has 130 stablecoin-linked...

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45. | Fortune

An “infinite bowl-making machine” can make 500 salads, Tex-Mex, and poke bowls with the exact ingredients you want down to the personalized macros you’re tracking in one hour. A human worker can’t compare, according to entrepreneur Marc Lore.“I don’t...

Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim | Fortune

Convicted crypto fraudster Sam Bankman-Fried formally submitted a pardon request with the Department of Justice, but the odds of President Donald Trump granting him clemency remain slight, according to a White House spokesperson. The status of Bankman-Fried’s request is...
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Deadly heat wave grips Europe as most French homes lack AC

A deadly heat wave is melting records across Western Europe, and it's predicted to get worse as brutal new...
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