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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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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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Current price of oil as of August 17, 2026

1

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

2

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

3

Current price of oil as of August 17, 2026
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Reed Hastings
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’

Elite companies can’t operate like families, according to Netflix’s Reed Hastings—a mindset that helped turn it into a $315 billion entertainment giant.

By Preston ForeAugust 18, 2026
Dropbox co-CEO Ashraf Alkarmi
Dropbox co-CEO has just shared the simple rule he follows for when to turn down a meeting
By Emma BurleighAugust 18, 2026
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
By The Associated Press and Josh KeletyAugust 18, 2026
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
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%
Data center gas plants to boost U.S. power emissions by 20%
By Matt Day, Mark Chediak and BloombergAugust 18, 2026
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
By The Associated Press and Ali SwensonAugust 18, 2026
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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 global ‘freedom of the seas’ is dying in the Strait of Hormuz—and everyone, everywhere, could pay the tolls

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

By Jordan BlumAugust 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

Billionaires have amassed a nine-figure war chest to defeat Proposition 40 as polls show California voters are nearly split on the one-time tax.

By Marco Quiroz-GutierrezAugust 18, 2026
New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial

Raul Torrez, New Mexico’s attorney general, is drafting two bills as a separate 29-state trial over child safety opens in Oakland tomorrow.

By Catherina GioinoAugust 17, 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
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Asia
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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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One guinea pig helped her son heal. Now she has to feed 400 every day, running America’s biggest Guinea Pig Sanctuary

“If I don’t get up, they don’t eat and they can die,” said Kimie Smothermon. “If I could figure out how to get out of this … I probably would.”

By Kimberlee Kruesi and The Associated PressAugust 18, 2026
The gift of a garden: How Facebook’s Buy Nothing helped a teacher reinvent herself as an urban flower farmer for free

“Within five minutes, my phone started pinging like crazy,” she said. Within a week, she had received 40 offers of free places to grow flowers.

By Jessica Damiano and The Associated PressAugust 18, 2026
The finance skills that are becoming more and more critical in the AI age

Finance leads Heidrick & Struggles’ list of the 15 most in-demand skills amid the rapid rise of AI.

By Sheryl EstradaAugust 18, 2026
The most important AI habit I have is making one phone call a day

As AI gets better at recording, summarizing, and analyzing every conversation, I’ve started protecting the one skill I never want to outsource: listening.

By Maria ColacurcioAugust 18, 2026
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Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
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Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
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Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
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Pentagon tells defense execs to submit plans in 3 weeks to boost weapons production dramatically. ‘Years-long development cycles are not acceptable’
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Corcoran Group CEO says Gen Z’s housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,’ she advises
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By Sydney LakeAugust 9, 2026
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Kalshi cracks down on insider trading as Trump family looks to increase prediction market presence
By Joshua HongAugust 9, 2026
We’re not dancing like no one is watching anymore. Actually, we’re just not dancing—or talking, walking, or interacting anymore
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By Catherina GioinoAugust 9, 2026
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
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This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
By Jordan BlumAugust 9, 2026
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Drivers of Mercedes AMG cars file a class action lawsuit, claiming the front-seat logo gets so hot that it literally brands them and causes burns
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Great disappointment will follow the Great Wealth Transfer as baby boomers pass on just a fraction of their fortune to millennials and Gen Xers
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Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
Politics
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
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Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
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With broad bipartisan support, Congress is about to give Trump ‘unchecked authority’ to impose new tariffs of up to 100% on top trading partners
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Meet a 43-year-old woman who had a hysterectomy and thought she had cancer because of a hospital lab mixup
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20% of Americans are already using AI for financial advice — another 70% don’t trust it
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Law
Trump’s lawyers in BBC lawsuit open the door to exposing all of his financial records — and scramble to close it
By Jocelyn Noveck and The Associated PressAugust 8, 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
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
Personal Finance
Current price of oil as of August 17, 2026placeholder alt text
By Joseph HostetlerAugust 17, 2026
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