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Werner Vogels, CTO, Amazon on stage.
AICompanies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says

Stories of runaway AI bills have been making some executives skittish about AI spending.

By Beatrice NolanJuly 10, 2026
US Secretary of Treasury Scott Bessent
Economy
U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
By Eleanor PringleJuly 10, 2026
Photo: President Trump.
Newsletters
Strait jacket: Wall Street is worried President Trump has no good options for ending the war with Iran
By Jim EdwardsJuly 10, 2026
40% of Americans didn’t read a book last year. These 3 are worth the exception
Newsletters
40% of Americans didn’t read a book last year. These 3 are worth the exception
By Diane BradyJuly 10, 2026
Latest
One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months48 minutes ago
When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking50 minutes ago
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium1 hour ago
At least a million woman lose access to humanitarian supports thanks to Trump budget cuts2 hours ago
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
Newsletters
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
By Allie GarfinkleJuly 10, 2026
Brad Smith, president of Microsoft, during a Senate hearing in Washington, D.C. on May 8, 2025. (Photo: Nathan Howard/Bloomberg/Getty Images)
Newsletters
The problem with U.S. AI policy
By Andrew NuscaJuly 10, 2026
Harry Styles waves
Success
Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny ‘box’ hotel room
By Preston ForeJuly 10, 2026
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the cash bonus
Success
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the cash bonus
By Orianna Rosa RoyleJuly 10, 2026
Raising Cane's counter with a goal soccer ball logo
Retail
The Raising Cane’s co-CEO has seen those World Cup fans praising the chicken and sauce. He’s ‘pretty grateful’ to have ‘chicken fanatics’ worldwide
By Catherina GioinoJuly 10, 2026
Werner Vogels, CTO, Amazon on stage.
AI
Companies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says
By Beatrice NolanJuly 10, 2026
Stitch Fix’s CEO inherited a broken tech darling. He’s fixing it like a traditional retail exec
C-Suite
Stitch Fix’s CEO inherited a broken tech darling. He’s fixing it like a traditional retail exec
By Phil WahbaJuly 10, 2026
Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump
Asia
Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump
By Angelica AngJuly 9, 2026
Newsletters
MarketsBy Jim Edwards
alt
Strait jacket: Wall Street is worried President Trump has no good options for ending the war with Iran
CEO DailyBy Diane Brady
alt
40% of Americans didn’t read a book last year. These 3 are worth the exception
Term SheetBy Allie Garfinkle
alt
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
Fortune TechBy Andrew Nusca
alt
The problem with U.S. AI policy
MPW DailyBy Emma Hinchliffe
alt
Women’s soccer stars fought for equal pay. It’s paying off while the men play in this year’s World Cup
Eye on AIBy Beatrice Nolan
Amazon’s CTO on how developers can ride the AI-powered coding wave
AI
A row of people sit in a zoning meeting, many looking down or around the room.
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
Marketing’s new mandate: Why AI is forcing CMOs to think like ‘mini CEOs’ 
Europe
Marketing’s new mandate: Why AI is forcing CMOs to think like ‘mini CEOs’ 
By Sam ForsdickJuly 10, 2026
Werner Vogels, CTO, Amazon on stage.
AI
Companies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says
By Beatrice NolanJuly 10, 2026
Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump
Asia
Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump
By Angelica AngJuly 9, 2026
Term Sheet podcast
Video ThumbnailPlay32:18
How this multi-millionaire investor spots billion-dollar ideas | Term SheetJune 24, 2026
Video ThumbnailPlay52:39
The Investor Who Bet on SpaceX, OpenAI and Anthropic Before You Could | Term SheetJune 11, 2026
Video ThumbnailPlay39:45
Investment bankers built a $2B AI to replace themselves | Term SheetMay 28, 2026
Video ThumbnailPlay35:05
This creator investor on the truth about the AI gold rush | Term SheetMay 13, 2026
Video ThumbnailPlay36:25
From a Palo Alto closet to $1 billion revenue: how Gusto cracked small business software | Term SheetMay 7, 2026
Video ThumbnailPlay32:23
How to raise a CEO: The "Godmother of Silicon Valley" Esther WojcickiApril 22, 2026
Video ThumbnailPlay29:01
The Startup Fighting to Save the American Farm with Modern FinanceApril 8, 2026
Video ThumbnailPlay51:28
How Winston Weinberg built his $11 billion AI Company | Term SheetMarch 18, 2026
Video ThumbnailPlay26:02
Why revenue is an outdated metric | Term SheetFebruary 18, 2026
Video ThumbnailPlay39:10
Chemistry cofounder: "more talented founders than ever" are moving into health care | Term SheetFebruary 4, 2026
Success
businessman with fist bump
Success
One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months
By Preston ForeJuly 10, 2026
Erling Haaland #9 of Norway
Success
When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking
By Emma BurleighJuly 10, 2026
Harry Styles waves
Success
Harry Styles fans flew to Amsterdam, paid a 21% premium for hotels, and sent inflation soaring. One Gen Zer paid $1,000 for a tiny ‘box’ hotel room
By Preston ForeJuly 10, 2026
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the $68 million budget
Success
Vietnam is paying women to have more babies—but there’s a catch: they have to be on baby no. 2 to qualify for the $68 million budget
By Orianna Rosa RoyleJuly 10, 2026
From the Magazine
MagazineCiti’s 5-year comeback: How CEO Jane Fraser turned the bank’s chronic underperformance into decade-high revenue

20,000 layoffs, 14 markets exited, one flatter bank—Jane Fraser’s Citi playbook is working. Wall Street wants to know what’s next.

By Claire ZillmanMay 27, 2026
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
Magazine
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
Magazine
Inside the ultra-luxury eco-adventure industry turning conservation into a status symbol
By Adam EraceMay 24, 2026
Microsoft lost its way in the AI race. Can Copilot get it back on course?
Magazine
Microsoft lost its way in the AI race. Can Copilot get it back on course?
By Jeremy KahnMay 21, 2026
Why the AI field’s biggest names are betting billions on ‘world models’
Magazine
Why the AI field’s biggest names are betting billions on ‘world models’
By Sharon GoldmanMay 20, 2026
Energy
Current price of oil as of July 10, 2026
Personal Finance
Current price of oil as of July 10, 2026
By Joseph HostetlerJuly 10, 2026
The crypto startup trying to put a barrel of oil on blockchain
Crypto
The crypto startup trying to put a barrel of oil on blockchain
By Mia Gindis, Sidhartha Shukla and BloombergJuly 9, 2026
Current price of oil as of July 9, 2026
Personal Finance
Current price of oil as of July 9, 2026
By Joseph HostetlerJuly 9, 2026
U.S. President Donald Trump speaks to members of the press for the first time aboard the new Air Force One while in flight from RAF Mildenhall AFB to Joint Base Andrews July 8, 2026 after leaving the United Kingdom.
Economy
U.S.-Iran talks are ‘eerily similar’ to Trump’s bumpy China dealings in his first term, says top economist—don’t rule out further oil price spikes
By Eleanor PringleJuly 9, 2026
Fortune Rankings
Fortune 500
Fortune 500
By FortuneJune 3, 2026
Most Powerful Women
Most Powerful Women
By FortuneMay 27, 2026
Fortune 100 Best Companies to Work For
Fortune 100 Best Companies to Work For
By FortuneApril 1, 2026
Fortune 500 Europe logo
Fortune 500 Europe
By FortuneOctober 29, 2025
Leadership
Asian businessman using a laptop
Success
One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months
By Preston ForeJuly 10, 2026
Erling Haaland #9 of Norway
Success
When Erling Haaland isn’t playing for Norway in the World Cup, he’s investing in a chess championship and playing an animated Viking
By Emma BurleighJuly 10, 2026
At least a million woman lose access to humanitarian supports thanks to Trump budget cuts
Politics
At least a million woman lose access to humanitarian supports thanks to Trump budget cuts
By The Associated PressJuly 10, 2026
Marketing’s new mandate: Why AI is forcing CMOs to think like ‘mini CEOs’ 
Europe
Marketing’s new mandate: Why AI is forcing CMOs to think like ‘mini CEOs’ 
By Sam ForsdickJuly 10, 2026
From Pilot to Profit
AIAI agents are flattening corporate hierarchies. Here’s how companies—and managers—can develop a new playbook

Around 41% of employees say their companies trimmed management layers last year, according to Korn Ferry.

By Sharon GoldmanJune 9, 2026
Artistic drawing of two employees using several tools at once
AI
Why dbt Labs CEO views AI efficiency and creativity as the same thing
By Sage LazzaroJune 9, 2026
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
AI
Reward or threat? Omnisend offers quarterly raises for employees who use AI to drive business impact—and says those who don’t will get left behind
By Sage LazzaroJune 9, 2026
Artistic rendering of complex systems being simplified by two workers
AI
How Lumen’s ‘maniacal focus’ on KPIs drove measurable AI impact across use cases and the company at large
By Sage LazzaroJune 9, 2026
Artistic rendering of a hacker trying to gain access to a worker's computer
AI
AI is supercharging cyberattacks—and most companies aren’t ready
By Beatrice NolanJune 9, 2026
Features
Photo of young woman with a photo of a pizza
Success
Gen Z grad landed an internship by wearing her university baseball cap to her pizza joint job. Now she works at Cisco
By Orianna Rosa RoyleJune 14, 2026
Photo of Marc Benioff
Magazine
Salesforce CEO Marc Benioff turned his earnings call into a vodcast. Why other Fortune 500 CEOs might follow
By Rachel VentrescaMay 6, 2026
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
Magazine
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
Anduril CEO Brian Schimpf
Magazine
Inside Anduril: Meet the quiet engineer-CEO building America’s $31 billion weapons startup
By Allie GarfinkleMay 6, 2026
Real Estate
Mortgage rates today, July 10, 2026
Personal Finance
Mortgage rates today, July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Current refi mortgage rates report for July 10, 2026
Personal Finance
Current refi mortgage rates report for July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
Current ARM mortgage rates report for July 10, 2026
Personal Finance
Current ARM mortgage rates report for July 10, 2026
By Glen Luke FlanaganJuly 10, 2026
The housing market just split in two: Prices are falling out West and soaring in the Northeast
Real Estate
The housing market just split in two: Prices are falling out West and soaring in the Northeast
By Alex Veiga and The Associated PressJuly 9, 2026
Great Place to Work Rankings
Best Workplaces in Chicago
Best Large Workplaces in Chicago
By FortuneJune 16, 2026
Best Workplaces in New York
Best Large Workplaces in New York
By FortuneJune 9, 2026
Best Workplaces in Texas
25 Best Large Workplaces in Texas
By FortuneJune 2, 2026
Best Workplaces in The Bay Area
25 Best Large Workplaces in the Bay Area
By Fortune EditorsMay 26, 2026
Commentary
medicineBy Matthew T. Drake
America’s bone health is quietly headed for a $19 billion crisis
EducationBy Tim Knowles
AI is about to disrupt millions of jobs. A century ago, America’s answer was to build a new high school
Venture CapitalBy Amit Chaturvedy
Physical AI’s $50 trillion opportunity requires long-term conviction, but the payoff is huge 
climate changeBy Sylvain Johansson, Mekala Krishnan, Kanmani Chockalingam and Annabel Farr
McKinsey Global Institute: Climate planning has prioritized floods. Heat demands equal attention
EducationBy Jason Benedict
AI didn’t break higher education—It exposed the credential trap
EntrepreneurshipBy Eric Francia
I skipped college and founded a company at 18. Several exits later, this is what I learned
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