In the minutes after an immigration officer opened fire in a small coastal city in southern Maine, a now-familiar story began to unfold: another person had been shot and killed inside a moving vehicle during an immigration enforcement operation. The Department of…
The bottom 50% of households in the U.S. own only $4.27 trillion of the nation’s $174 trillion in available wealth. By contrast, the top 0.1% own $25.07 trillion, and the top 99 to 99.9% own a little under $30 trillion,…
When U.S. allies like Canada and France grumble about overuse of the U.S. dollar, and as Washington’s rivals like Iran start trading in cryptocurrencies and the Chinese yuan, it can be easy to argue that the world is edging away…
Good morning. Fortune Editor-in-Chief Alyson Shontell writing from New York this morning. “If you don’t like change, you’re going to hate extinction.” That’s the framing FedEx CEO Raj Subramaniam uses to motivate his troops, particularly in unpredictable times. Subramaniam has…
Consider psychedelics: Ryan—often called “the Godfather of NYC Tech”—was once skeptical that psychedelics could be viable treatments for depression or PTSD. But in 2018, he read Michael Pollan’s How to Change Your Mind and encountered a wave of data. Now,…
Richard Branson wants you to stop stealing his morning routine. The billionaire Virgin Group founder famously wakes up at 5 a.m., exercises, scrolls on social media, and sits down to a bowl of muesli, fruit and his first of 20…
It’s not just the Murdochs or the Arnaults. As family-owned companies change hands, new data shows more American businesses are now being inherited than purchased—part of the broader Great Wealth Transfer marking a shift in how the next generation could…
As competition for global investment heats up across the Gulf, it’s easy to assume bigger is always better. But for Bahrain, the smallest of the GCC states, its strengths come not from its size but from its strategic positioning, according to the head…
The world’s eyes this month are glued on soccer pitches across the 16 host cities of the World Cup. Stories of a former electrician-turned-breakout goalkeeper; of a factory worker now star German forward; or even arguably two of the sport’s…
Buying a phone without giving up your identity may soon not be possible in the U.S.—and privacy advocates argue the risk extends well past anyone who’s ever bought a prepaid phone at a gas station. The Federal Communications Commission is…