weekly-highlights

California's wealth tax doesn't fix the real problem: Cash-poor billionaires who borrow money, tax-free, to live on | Fortune

California’s proposed wealth tax aims to go after billionaires’ balance sheets, but it largely sidesteps the…

‘Sickening and greedy’: California millionaire slams Larry Page and Sergey Brin for cutting ties with the state to avoid wealth tax | Fortune

While some California billionaires are slamming the proposed wealth tax and cutting ties with the state,…

The shaky job market won't last: Nvidia CEO Jensen Huang is 'fairly confident' that AI will increase productivity and hiring—but there's a catch | Fortune

2025 was not the year labor economists hoped for. Last year was the worst year of…

China graduates 1.3 million engineers per year, versus just 130,000 in the U.S. We need AI to bridge the gap | Fortune

When business leaders hear “AI,” they often think of chatbots, sales automation, or marketing. The headlines…

Trump attacks Powell again amid Fed independence fears: 'That jerk will be gone soon'

President Donald Trump on Tuesday slammed Federal Reserve Chair Jerome Powell as either “incompetent” or “crooked,”…

What global executives need to ask about China in 2026 | Fortune

2025 was a turbulent year for China. The country began the year battling geopolitical headwinds and…

The good, bad, and the ugly of Apple's AI deal with Google | Fortune

Apple and Google’s surprise AI partnership announcement on Monday sent shockwaves across the tech industry (and…

Allegiant to acquire Sun Country in deal valued at $1.5 billion | Fortune

Allegiant Travel Co. will acquire Sun Country Airlines Holdings Inc. in a cash-and-stock deal valued at…

Carhartt CEO says they always focused on blue-collar workers—but hipsters came anyway: 'we welcome anyone … that wants to celebrate hard work' | Fortune

In an era where fashion brands frequently pivot to chase the latest influencer trends, Carhartt remains…

Oil prices rise more than 2% after Trump cancels meetings with Iran, tells protesters help is on the way

Iranians gather while blocking a street during a protest in Tehran, Iran on January 9, 2026.…