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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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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

1

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

2

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

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
More in News
North America
More in 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
More in Global
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Land O’Lakes wants in on the protein boom—and it could be a lifeline for dairy farmers
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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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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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Success
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
Current price of gold as of August 18, 2026
Personal Finance
Current price of gold as of August 18, 2026
By Danny BakstAugust 18, 2026
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Real Estate
Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house
By Nick LichtenbergAugust 8, 2026
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Commentary
Vanguard Chief Economist: AI and jobs, still in an ATM phase
By Adam SchicklingAugust 8, 2026
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Commentary
GrayMatter Robotics CEO: The FCC was right to ban Chinese robots. But protection alone won’t win the robotics race
By Ariyan KabirAugust 8, 2026
CEO of the world’s largest workspace provider says commuting will be extinct by 2040—and your kids will think it’s ‘mad stuff’ professionals once did
Success
CEO of the world’s largest workspace provider says commuting will be extinct by 2040—and your kids will think it’s ‘mad stuff’ professionals once did
By Orianna Rosa RoyleAugust 8, 2026
Chevron employees examine a new GE Vernova gas turbine.
Energy
How Chevron became the AI darling of Big Oil
By Jordan BlumAugust 8, 2026
Trump tries again to fire Fed governor Lisa Cook after narrow Supreme Court decision, renewing battle over central bank independence
Politics
Trump tries again to fire Fed governor Lisa Cook after narrow Supreme Court decision, renewing battle over central bank independence
By Eric Tucker, Paul Wiseman and The Associated PressAugust 7, 2026
Meet the 82-year-old Kentucky grandma who turned down $26 million to turn her farm into a data center: ‘I don’t need your money’
Success
Meet the 82-year-old Kentucky grandma who turned down $26 million to turn her farm into a data center: ‘I don’t need your money’
By Catherina GioinoAugust 7, 2026
Venezuelan influencer Leonel Moreno (C) - aka "Leito oficial"- deported from the United States is escorted on arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 28, 2025.
Economy
The deportation economy is backfiring on American workers, top economist warns
By Eva RoytburgAugust 7, 2026
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C-Suite
Bill Ackman agrees with Jeff Bezos: Being a great CEO can do more for the world than philanthropy
By Nick LichtenbergAugust 7, 2026
Praveen Neppalli Naga sits in a white chair in front of a blue background onstage.
AI
After blowing through its entire 2026 AI budget in months, Uber CTO says, ‘We’re coming to the end of the so-called tokenmaxxing era’
By Sasha RogelbergAugust 7, 2026
How Whatnot’s founders turned 100 investor rejections into an $20 billion live-shopping rocket ship
Retail
How Whatnot’s founders turned 100 investor rejections into an $20 billion live-shopping rocket ship
By Sarah GlodekAugust 7, 2026
China’s export engine is cooling—but high-tech demand isn’t.
Economy
China’s export engine is cooling—but high-tech demand isn’t.
By Elaine Kurtenbach and The Associated PressAugust 7, 2026
People look at a Google Earth map of Paris,France on a screen as Google Earth.
Cybersecurity
Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images
By Joshua HongAugust 7, 2026
Best Teeth Whitening Strips (2026): Brighten Your Smile
Success
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By Emily PharesAugust 7, 2026
Fitia App Review 2026: Is This Calorie Tracker Worth Using?
Health
Fitia App Review 2026: Is This Calorie Tracker Worth Using?
By Christina SnyderAugust 7, 2026
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Energy
Iran says agreement on Hormuz shipping reached with Oman
By Bloomberg and Eltaf NajafizadaAugust 7, 2026
Nutrisystem Review 2026
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The Hugging Face hack is now a PR crisis that’s costing OpenAI millions
Cybersecurity
The Hugging Face hack is now a PR crisis that’s costing OpenAI millions
By Emily ForliniAugust 7, 2026
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Investing
Czech billionaires play outsized role in European M&A market
By Bloomberg, Michal Kubala and Peter LacaAugust 7, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week (Aug. 1–7, 2026)
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week (Aug. 1–7, 2026)
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Politics
Mamdani wants to form business panel with ex-Lazard, UBS bankers
By Bloomberg, Nacha Cattan and Amanda GordonAugust 7, 2026
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Environment
From milk to snack foods, more products are going ‘regenerative’
By Bloomberg and Emma CourtAugust 7, 2026
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Yen jumps after U.S. data as traders watch for intervention clues
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Trump’s $400 million White House ballroom hits another legal roadblock
Law
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Economy
Boomers and Gen Xers scramble our assumptions about economic misery — they’re way unhappier than millennials and Gen Z
By Sasha RogelbergAugust 7, 2026
A customer tries out a newly-released Samsung Galaxy Z Fold8 smartphone at a Samsung store.
Innovation
Samsung pre-orders for latest foldables jump 30% from last year
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The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
Middle East
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it
By Jason MaAugust 7, 2026
How to use QuickBooks Online to keep business and personal finances separate 
Personal Finance
How to use QuickBooks Online to keep business and personal finances separate 
By Joseph HostetlerAugust 7, 2026
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Success
Bank of America is splashing out $250 million a year on weight loss drugs for its staff: ‘We see a great impact on employees,’ CEO says
By Emma BurleighAugust 7, 2026
Lauris
Banking
Exclusive: Kalshi partners with Blanket to help small businesses hedge against risk—with help from the guru of ‘hypergamblification’
By Nick LichtenbergAugust 7, 2026
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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 deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
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
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