Shawn Tully

Shawn Tully

Shawn Tully is a senior editor-at-large at Fortune.

Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025. Republican leaders are aiming for quick negotiations over needed changes to the newly unveiled Senate tax bill which lacks the votes to secure majorities in both chambers as written. Photographer: Aaron Schwartz/Sipa/Bloomberg via Getty Images

What to know about Stephen Miran, the tariff proponent Trump just nominated to join the Fed’s board of governors

WASHINGTON, DC – MAY 30: Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Musk, who served as an adviser to Trump and led the Department of Government Efficiency, left his role in the Trump administration early this week to refocus on his businesses. (Photo by Kevin Dietsch/Getty Images)

A bright spot for Tesla shareholders: Under Elon Musk’s new $27 billion comp package, their fate is now intertwined with his

Vice President and Chief Engineer, Sustainability & Future Mobility at Boeing Brian Yutko attends the Farnborough Airshow, in Farnborough, on July 18, 2022. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)
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How Boeing is quietly betting on a ‘brilliant’ 39-year old engineer—and setting the stage for a turnaround

Tesla CEO Elon Musk

Tesla’s stock fell 8% after its poor Q2 report, but the ‘Musk Magic’ premium is still sky-high

Greg Davis, chief investment officer at The Vanguard Group

The investment chief at $10 trillion giant Vanguard says it’s time to pivot away from U.S. stocks

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during an event in Dublin, Ireland, on Thursday, July 10, 2025. An EU-US tariff framework “needs to get done,” Dimon said, as the European Union looks to conclude a preliminary trade deal with the US that could allow it to lock in a 10% tariff rate beyond an Aug. 1 deadline as they negotiate a permanent agreement. Photographer: Patrick Bolger/Bloomberg via Getty Images

Private credit has Jamie Dimon worried about the next financial crisis. But the biggest swath of this hot market is less risky than some believe

Ghost energy drinks at a store in San Francisco, California, US, on Monday, March 17, 2025. Last year, Keurig Dr Pepper Inc. agreed to acquire the maker of Ghost energy drinks for more than $1 billion, boosting its portfolio of beverages beyond coffee and sodas. Photographer: David Paul Morris/Bloomberg via Getty Images

How Keurig Dr Pepper CEO Tim Cofer secured one of the biggest coups of his career, a $1.65 billion deal for an energy drink giant

Jeremy Allaire, chief executive officer of Circle Internet Financial Ltd., center, during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, June 5, 2025. Circle shares surged as much as 235% after the company and some of its shareholders raised nearly $1.1 billion in an initial public offering that was upsized twice amid strong demand. Photographer: Michael Nagle/Bloomberg via Getty Images

The Circle IPO delivered the biggest two-day ‘pop’ since 1980—but the crypto company left $3 billion on the table

Michael Einhorn, CEO of Dealmed

One entrepreneur’s supply-chain odyssey shows just how difficult it is to quit China

WASHINGTON, DC – MAY 30: Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Musk, who served as an adviser to Trump and led the Department of Government Efficiency, announced he would leave his role in the Trump administration to refocus on his businesses. (Photo by Kevin Dietsch/Getty Images)

What Elon Musk’s feud with Trump means for Tesla shareholders

Traders work on the floor of the New York Stock Exchange (NYSE) during the Circle Internet Financial Ltd. initial public offering (IPO) in New York, US, on Thursday, June 5, 2025. Circle shares surged as much as 235% after the company and some of its shareholders raised nearly $1.1 billion in an initial public offering that was upsized twice amid strong demand. Photographer: Michael Nagle/Bloomberg via Getty Images

Circle IPO leaves $1.76 billion on the table, seventh biggest underpricing in decades

Keurig Dr Pepper (KDP) CEO Tim Cofer at a Dr Pepper Fansville campaign activation at the National Association of Convenience Stores trade show in Las Vegas

The CEO giving Keurig Dr Pepper a massive energy jolt

Stephen Miran, chairman of the Council of Economic Advisers, during the Hill & Valley forum at the US Capitol in Washington, DC, US, on Wednesday, April 30, 2025. The Hill and Valley Forum, started in 2023, is a gathering of lawmakers and venture capitalists focused on the US technology industry. Photographer: Al Drago/Bloomberg via Getty Images

How Stephen Miran—a Harvard-trained former free market champion—became Trump’s top ideologue on tariffs

A line graph with illustrated hands pointing down and up

A new book makes the case for putting money supply at the center of the U.S. economy and re-empowering commercial banks

Newly elected Pope Leo XIV, Robert Prevost arrives on the main central loggia balcony of the St Peter’s Basilica for the first time, after the cardinals ended the conclave, in The Vatican, on May 8, 2025. Robert Francis Prevost was on Thursday elected the first pope from the United States, the Vatican announced. A moderate who was close to Pope Francis and spent years as a missionary in Peru, he becomes the Catholic Church’s 267th pontiff, taking the papal name Leo XIV. (Photo by Alberto PIZZOLI / AFP) (Photo by ALBERTO PIZZOLI/AFP via Getty Images)

Pope Leo inherits a financial mess some CEOs may find relatable—including a pension time bomb that’s worse than expected