Economy

Kevin Warsh, governor of the U.S. Federal Reserve, speaks during an Institute of International Bankers' luncheon in New York, U.S., on Tuesday, June 16, 2009.

The new Fed chair’s billionaire father-in-law is a friend of Trump’s from college and has business interests in Greenland

Trump’s pick of Kevin Warsh pairs an inflation hawk with a deep Trumpworld connection through Ronald Lauder, a friend to the president for 60 years.

By Eva Roytburg

January 30, 2026

Latest Stories

Sam Altman speaking into a mic.

A reported OpenAI IPO later this year that will test investor tolerance for the AI boom’s cash bonfire

By Beatrice Nolan

Enrique Miñarro Viseras was appointed COO of Otis Worldwide (No. 303 on the Fortune 500).

Fortune 500 Power Moves: Which executives gained and lost power this week

By Fortune Editors

5 Best Sauna Blankets of 2026: Tested by Recovery Experts

By Christina Snyder

Sweat cofounder Kayla Itsines

She founded a $400 million fitness app and became a self-made millionaire at 22—but Kayla Itsines says real cash flow came after buying a gas station

By Emma Burleigh

More Economy

$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’

$38 trillion national debt finds Democratic, Republican supermajority as watchdog sees ‘a major problem for America’s economic future’

By Nick Lichtenberg

January 29, 2026

bessent

Bessent accuses Carney of ‘virtue signaling’ after his big speech at Davos, with divorce between Canada and America in the air

By Nick Lichtenberg

January 29, 2026

Struggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire

Struggling to remain relevant during the AI watercooler chat? Talk about your latest ‘new collar’ hire

January 29, 2026

vietnam

EU moves closer to another major Asian power on trade, upgrading ties with Vietnam

By Aniruddha Ghosal and The Associated Press

January 29, 2026

powell

Jerome Powell says economy has ‘clearly improved’ since December as he defends rate pause

By Christopher Rugaber and The Associated Press

January 29, 2026

trump

Trump is driving capital out of capitalism

By Andrew Behar

January 29, 2026

powell

Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted

By Eva Roytburg

January 29, 2026

Innes McFee, CEO of Oxford Economics.

Get used to the K-shaped economy. It’s likely here until 2035, thanks to AI’s outsize benefit for the wealthy

By Eleanor Pringle

January 29, 2026

The $600 billion wave of AI ‘capex’ growth boosting stocks is about to slow down, analysts warn

The $600 billion wave of AI ‘capex’ growth boosting stocks is about to slow down, analysts warn

January 29, 2026

A Microsoft data center under construction in Aldie, Virginia, on Tuesday, Oct. 28, 2025.

‘The new politics of electricity’: Utilities seek $31 billion in hikes as voters revolt over soaring bills

January 29, 2026

galle

Personal Finance

California billionaires’ revolt over a 1% annual tax is ‘nonsense,’ architect says. A 1% annual tax won’t doom anyone’s business

By Nick Lichtenberg

January 29, 2026

Fed Chair Jerome Powell stands at podium and talks

Jerome Powell says Fed independence isn’t lost … yet. ‘I certainly hope we won’t’ lose it

January 28, 2026

troops

The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds

By Nick Lichtenberg

January 28, 2026

bessent

Scott Bessent on the 39% of young Americans thinking favorably of socialism: They’re just not invested in the stock market

By Nick Lichtenberg

January 28, 2026

Kalshi maintains a ‘perfect forecast record’ in predicting Fed rate decisions, beating professional forecasters, study finds

January 28, 2026

Federal Reserve Chairman Jerome Powell walks between meetings at the Fed on January 13, 2026 in Washington, DC.

Fed holds rates at an unusual moment: Stocks at record highs, dollar under pressure, and Powell in the crosshairs

By Eva Roytburg

January 28, 2026

southwest

50-year tradition of Southwest Airlines letting you choose your own seat comes to an end

By Rio Yamat and The Associated Press

January 28, 2026

trump

Trump’s tariffs remain in the balance nearly 3 months after Supreme Court heard challenge

By Mark Sherman, Lindsay Whitehurst and The Associated Press

January 28, 2026

carney

‘I meant what I said in Davos’: Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals

By Rob Gillies and The Associated Press

January 28, 2026

Photo: President Trump.

Gold is going up because Trump is talking down the dollar, feeding ‘the narrative of relative U.S. decline,’ UBS fears

January 28, 2026

reem

How to fight child hunger in a time of foreign aid cuts

By Reem Alabali Radovan, Rajiv J. Shah and Mads Krogsgaard Thomsen

January 28, 2026

Fed favorite Rick Rieder manages a $2.4 trillion BlackRock portfolio—and knows more about the bond market than anyone in America

Fed favorite Rick Rieder manages a $2.4 trillion BlackRock portfolio—and knows more about the bond market than anyone in America

January 28, 2026

Photo of Sarah Friar

OpenAI CFO Sarah Friar: There’s a ‘mismatch’ between AI’s abilities and the value companies are capturing

By Sheryl Estrada

January 27, 2026

View of an estate in Florida

Americans are still ditching New York and L.A. at alarming rates, but Miami’s on the list now, too

By Nick Lichtenberg

January 27, 2026

President of France Emmanuel Macron speaks during an ambassadorial event in Paris.

Before California, France tried a wealth tax. Macron repealed it after rich people fled the country instead of paying

By Tristan Bove

January 27, 2026

traders

Wall Street flirts with record high as GM, UnitedHealth report earnings

By Stan Choe and The Associated Press

January 27, 2026

trump

American births outnumbered deaths in 2025 by 519,000 people as population growth rate keeps shrinking

By Mike Schneider and The Associated Press

January 27, 2026

powell

Jerome Powell poised to displease Trump yet again with more inaction on rate cuts

By Christopher Rugaber and The Associated Press

January 27, 2026

modi

India, EU reach ‘mother of all’ trade agreements after nearly 20 years of talks

By Rajesh Roy, Sam McNeil and The Associated Press

January 27, 2026

trump

Trump’s personal Minneapolis response is to travel to Iowa to talk about affordability

By Seung Min Kim, Hannah Fingerhut and The Associated Press

January 27, 2026

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