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Gifts from top 50 US philanthropists jumped to $22.4B in 2025 − Mike Bloomberg, Bill Gates and the estate of Paul Allen lead a...

The 50 American individuals and couples who gave or pledged the most to charity in 2025 committed US$22.4 billion to foundations, universities, hospitals and more. That total was 35% above an inflation-adjusted $16.6 billion in...

Most small businesses can’t afford a full-time finance chief. So Mastercard is debuting a ‘virtual CFO’ built with AI | Fortune

Large companies can rely on in-house finance chiefs for strategic guidance. Many small business owners, by contrast, must make CFO-level decisions on their own. Mastercard is betting a new “Virtual C-suite” can help fill that gap.The new agentic AI...

AI can double output. Human biology can’t | Fortune

In recent weeks, Accenture made headlines for linking senior managers’ promotion prospects to their use of internal AI tools. In a market defined by automation and efficiency, employees are expected to integrate AI into their daily workflows. Usage can...

Former Goldman Sachs CEO says DEI programs are ‘counterproductive,’ arguing ‘you’re branding the people in that program’ | Fortune

The 2020 murder of George Floyd ignited a racial justice movement that extended from grassroots activism to corporate boardrooms. Companies launched initiatives to ensure their workforces were more inclusive of underrepresented communities in a modern revamp of diversity, equity,...

America’s never had such high national debt heading into an economic shock. We need a ‘break glass’ plan, think tank warns | Fortune

The U.S. has never been more financially exposed heading into a potential economic crisis. With the national debt now equal to 100% of the country’s entire economic output—a level not seen since World War II—a prominent nonpartisan think tank...

Middle East war live: Oil slides and stocks rebound

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Something will cause inflation to go up this year, but it’s not oil | Fortune

Since the U.S.-Israeli war was mounted against Iran, oil prices have surged. As a result, pundits, journalists, and many economists have dusted off an often-used song sheet. It claims that higher oil prices will fuel inflation. While this narrative...

British aircraft carrier will not be sent to Middle East, say officials

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Billionaire Peter Diamandis offers $3.5 million to filmmakers who portray AI as the hero—not the villain | Fortune

Billionaire founder of XPRIZE Peter Diamandis is tired of the doomsday scenarios painted by movies like Terminator or Ex Machina.The engineer and Harvard-trained doctor-turned-entrepreneur is trying to change the narrative with a new $3.5 million Future Vision XPRIZE. Backed...

Big beautiful refund? 5 tax code changes that may put more money in your pocket

The days are getting longer and W-2s are blooming, which can only mean one thing – the U.S. tax season is here.Many Americans may receive a bigger tax refund than in previous years as a...
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Cuba will release 51 people from prison, an unexpected move amid pressure from Trump

Cuba's government said Thursday night it would release 51 people from the island's prisons, in...
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