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U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

1

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

2

A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

3

Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe
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Exclusive: Accounting AI startup Rillet reaches unicorn status with $1 billion valuation. Its founder says he wants to give CFOs back their weekends

“Our message is not that we’re coming after jobs,” Rillet CEO Nicolas Kopp told Fortune. “That’s just not correct.”

By Nick LichtenbergAugust 18, 2026
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
By John A. QuelchAugust 18, 2026
Anthropic CEO Dario Amodei.
David Sacks says Anthropic’s Dario Amodei wants a ‘DMV for AI.’ But plenty of industries thrive despite safety regulation
By Jeremy KahnAugust 18, 2026
Guide to mortgage preapproval
Guide to mortgage preapproval
By Joseph HostetlerAugust 18, 2026
The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym
The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym
By Christina SnyderAugust 18, 2026
A sign on a bus stop displays the national debt on June 12, 2026, in Washington, D.C.
With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
By Joshua HongAugust 18, 2026
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Dave Sunday gestures while speaking to the audience in the Forum Auditorium across the street from the Capitol after taking the oath of office to become Pennsylvania's next attorney general.
2 Penn State frats were main suppliers in ‘upper level trafficking’ cocaine ring, authorities say

Over a dozen former and current Penn State University students face charges of felony corrupt organizations, conspiracy and other offenses.

By The Associated Press and Josh KeletyAugust 18, 2026
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful

Trump touts “most favored nation” deals and TrumpRx for the 3.1% annual price drop.

By The Associated Press and Ali SwensonAugust 18, 2026
The Buss family wants an ‘exit gracefully.’ Jeanie Buss says no

A planned sale of the family’s 17.8% stake to Bob Iger and Josh Kushner would take Jeanie Buss below the NBA’s 15% governor threshold.

By Greg Beacham and The Associated PressAugust 18, 2026
The Iran war may kill the ‘freedom of seas’ worldwide and everyone would pay the price

Iran forcing a fee structure in the Strait of Hormuz may trigger a global domino effect.

By Jordan BlumAugust 18, 2026
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North America
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‘The negotiations are very intense and delicate’: Carney, Trump hold crunch talks to avoid midnight 50% tariff deadline

The threat is 50% tariffs on $20 billion of Canadian goods; the real target is leverage before North America’s trade pact is remade.

By Paul Wiseman, Rob Gillies and The Associated PressAugust 18, 2026
Meet OpenAI’s ChatGPT for Teens, which doesn’t talk about sex or suicide and gives you homework help instead

OpenAI doesn’t verify users’ ages, but it already uses age assurance to estimate if someone is under 18 based on factors such as their types of queries.

By Barbara Ortutay and The Associated PressAugust 18, 2026
Current price of oil as of August 18, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerAugust 18, 2026
A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he’s a billionaire who says the American Dream isn’t dead

Billionaire Palmer Luckey sold Oculus to Facebook for $2 billion by 21 years old—and says that kind of break “isn’t happening in China.”

By Orianna Rosa RoyleAugust 18, 2026
More in North America
Asia
More in Asia
Alibaba’s $2 billion gaming exit signals where Beijing wants its money
Alibaba’s $2 billion gaming exit signals where Beijing wants its money

The e-commerce giant sells its gaming studio and pours $53 billion into AI as the US-China tech rivalry heats up

By Mia OsmonbekovAugust 18, 2026
AWS’s Asia chief is relocating to Japan as the country scrambles to modernize its legacy IT systems

Last year, Japan began a push to reboot its innovation engine with a plan to channel $2.3 trillion in investments to 17 strategic sectors by 2040.

By Angelica AngAugust 18, 2026
China, the EU, and Singapore are pushing back against the White House’s new ‘Great Transshipment Scam’ report

The White House claimed last week that the rerouting of Chinese goods cost the U.S. as much as $303 billion.

By Angelica AngAugust 17, 2026
Unitree vs. Shein: How August’s big China IPOs show how AI hype is leaving e-commerce giants behind

Unitree may be smaller and younger compared to Shein. But in the eyes of investors, the robot maker is the more exciting bet.

By Nicholas GordonAugust 17, 2026
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Global
More in Global
The Best Labor Day Fitness Sales of 2026: Save on Treadmills, Rowers, and More
The Best Labor Day Fitness Sales of 2026: Save on Treadmills, Rowers, and More

Labor Day sales can make upgrading your home gym easier on your budget. We’re tracking deals on treadmills, rowers, exercise bikes, strength equipment, recovery gear, and more.

By Christina SnyderAugust 18, 2026
Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax

Campaign finance records show at least four billionaires quietly funding the opposition—and the fight is only growing stronger

By Mia OsmonbekovAugust 18, 2026
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack

The AI company says its unreleased Astra model presents a “critical” cybersecurity risk and it has put its largest training runs on hold while it tests new safety procedures.

By Emily ForliniAugust 18, 2026
OpenAI data center deal with Nvidia comes in $145 billion lower than reported—signaling concerns of artificial demand for chips

Circular financing concerns revolve around the chip-maker’s investment into OpenAI’s data center lease.

By Joshua HongAugust 18, 2026
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Land O’Lakes wants in on the protein boom—and it could be a lifeline for dairy farmers
Newsletters
Land O’Lakes wants in on the protein boom—and it could be a lifeline for dairy farmers
By Emma HinchliffeAugust 18, 2026
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Success
Reed Hastings says he learned why companies aren’t families after laying off one-third of Netflix: ‘You would never lay off two of your kids’
By Preston ForeAugust 18, 2026
Dropbox co-CEO Ashraf Alkarmi
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Dropbox co-CEO has just shared the simple rule he follows for when to turn down a meeting
By Emma BurleighAugust 18, 2026
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
Retail
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
By The Associated Press and Michelle ChapmanAugust 18, 2026
Data center gas plants to boost U.S. power emissions by 20%
Energy
Data center gas plants to boost U.S. power emissions by 20%
By Matt Day, Mark Chediak and BloombergAugust 18, 2026
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One guinea pig helped her son heal. Now she has to feed 400 every day, running America’s biggest Guinea Pig Sanctuary
By Kimberlee Kruesi and The Associated PressAugust 18, 2026
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The gift of a garden: How Facebook’s Buy Nothing helped a teacher reinvent herself as an urban flower farmer for free
By Jessica Damiano and The Associated PressAugust 18, 2026
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Personal Finance
Current price of gold as of August 18, 2026
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The finance skills that are becoming more and more critical in the AI age
By Sheryl EstradaAugust 18, 2026
The most important AI habit I have is making one phone call a day
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The most important AI habit I have is making one phone call a day
By Maria ColacurcioAugust 18, 2026
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Commentary
210 interns. 115,000 applicants. Here’s what Citadel Securities’ 0.18% actually have in common
By Alex DiLeonardoAugust 18, 2026
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Economy
Financial adulthood has moved to the 30s: ‘the decade when people come to terms with where they are in life’
By Nick LichtenbergAugust 18, 2026
Current price of Ethereum for Aug. 18, 2026
Personal Finance
Current price of Ethereum for August 18, 2026
By Joseph HostetlerAugust 18, 2026
Current price of Bitcoin for Aug. 18, 2026
Personal Finance
Current price of Bitcoin for August 18, 2026
By Joseph HostetlerAugust 18, 2026
Top CD rates from major banks Aug. 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 18, 2026
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Newsletters
Anthropic’s annual revenue run rate reportedly hits $65 billion
By Jim EdwardsAugust 18, 2026
Man speaks into a microphobe
Newsletters
AI gets its own “boiler room” scandal
By Allie GarfinkleAugust 18, 2026
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Success
Married 69 years, this philanthropic couple died 8 days apart—after giving away more than $20 million from a hotel-and-property fortune
By Sydney LakeAugust 18, 2026
Home equity loan and HELOC rates: Aug. 18, 2026
Personal Finance
Today’s home equity loan and HELOC rates, August 18, 2026
By Joseph HostetlerAugust 18, 2026
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
Politics
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
By Marco Quiroz-GutierrezAugust 18, 2026
Ousted L3Harris CEO Chris Kubasik forfeits $45 million—but he’ll still walk away with $80 million in stock and options
C-Suite
Ousted L3Harris CEO Chris Kubasik forfeits $45 million—but he’ll still walk away with $80 million in stock and options
By Amanda GerutAugust 17, 2026
New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial
Law
New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial
By Catherina GioinoAugust 17, 2026
57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents
Politics
57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents
By The Associated Press and Thomas BeaumontAugust 17, 2026
Check your fridge: Nearly 19 million eggs are under the FDA’s most serious recall classification
North America
Check your fridge: Nearly 19 million eggs are under the FDA’s most serious recall classification
By Tatiana SatauaAugust 17, 2026
U.S. businessman Mark Cuban
Economy
‘Only idiot startup founders stay in Cali’: Mark Cuban rips billionaire tax—and opens a rift inside the Democratic Party
By Joshua HongAugust 17, 2026
Burger King is closing the gap in the burger wars with a simple formula: Better food and a star executive who takes customers’ calls himself
Retail
Burger King is closing the gap in the burger wars with a simple formula: Better food and a star executive who takes customers’ calls himself
By Sarah GlodekAugust 17, 2026
Photo of Chris Wright speaking at a podium
Energy
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil
By Sasha RogelbergAugust 17, 2026
Bald man gesturing while talking
Big Tech
Andreessen Horowitz focus of DOJ probe over board directors
By Josh Sisco, Natasha Mascarenhas and BloombergAugust 17, 2026
Photo of Jamie Dimon
Banking
The ‘Jamie premium’ nears $1 trillion as JP Morgan flirts with historic market valuation
By Mia OsmonbekovAugust 17, 2026
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet
Middle East
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet
By Jason MaAugust 17, 2026
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Success
Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe
By Emma BurleighAugust 17, 2026
Roland Busch
Success
Like Nvidia’s Jensen Huang, Siemens’ CEO has no recurring meetings with direct reports to save time—he also replies to emails with just ‘OK’ or ‘No’
By Preston ForeAugust 17, 2026
Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high
Retail
Walmart, Target and Home Depot set to give Wall Street a peek at the American consumer, one week after stocks’ all-time high
By Elaine Kurtenbach, Michelle Chapman and The Associated PressAugust 17, 2026
Canadian auto billionaire’s fortune doubles even with US tariffs
North America
Canadian auto billionaire’s fortune doubles even with US tariffs
By Ari Altstedter and BloombergAugust 17, 2026
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North America
The great modern train robbery: Thieves steal $200 million a year
By Bloomberg and Kiel PorterAugust 17, 2026
Photo of Trump and American flags
Energy
Trump’s Venezuela fixer is promoting ‘America First’ oil deals
By Fabiola Zerpa, Ezra Fieser, Patricia Garip, Ben Bartenstein and BloombergAugust 17, 2026
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Health
The inspiring survival of Jimothy, the hunchbacked raccoon who conquered Seattle
By Kelly Lambert and The ConversationAugust 17, 2026
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Success
Walmart and McDonald’s aren’t the SNAP kings anymore — Uber, Lyft and DoorDash lead in workers on food stamps 
By Jacob Lederman and The ConversationAugust 17, 2026
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Energy
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oilplaceholder alt text
By Sasha RogelbergAugust 17, 2026
Success
A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
Success
Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europeplaceholder alt text
By Emma BurleighAugust 17, 2026
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