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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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With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

3

Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'

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

With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

3

Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'
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Trump threatens to bomb Oman, widening the war that crippled the global economy

The oil chokepoint is under fire from multiple directions as Trump pushes Oman for a tougher line on Iran shipping traffic.

By Samy Magdy and The Associated PressAugust 19, 2026
Meta CEO Mark Zuckerberg leaves the Los Angeles Superior Court after testifying.
‘Harvest their data and hide the truth from the public’: Four states seek billions from Meta over child safety practices
By Barbara Ortutay, Kaitlyn Huamani and The Associated PressAugust 19, 2026
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National debt crosses $40 trillion and think tank warns: ‘The level of fiscal mismanagement is tragic
By Eleanor PringleAugust 19, 2026
Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies
Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies
By The Associated Press and Leah WillinghamAugust 19, 2026
A SpaceX rocket carved out a crater on the moon as long as a bowling lane with ‘butterfly wing’ streaks
A SpaceX rocket carved out a crater on the moon as long as a bowling lane with ‘butterfly wing’ streaks
By The Associated Press and Marcia DunnAugust 19, 2026
Photo of a dog in a kennel
Texas’ screwworm could be fatal for the unadopted dogs and cats in rescue shelters statewide
By The Associated Press and John HannaAugust 19, 2026
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A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison
A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison

Prosecutors sought more than 10 years for Riley English, who cited mental health struggles and fears about Trump-era policies toward trans people

By Michael Kunzelman and The Associated PressAugust 19, 2026
78-year-old ex-Fauci adviser pleads guilty to concealing COVID-19 origin research records using private email

The indictment follows a probe by House Republicans into the origins of the COVID-19 pandemic. Fauci wasn’t charged

By The Associated PressAugust 19, 2026
Jimmy Kimmel feud with Trump escalates to ABC suing the FCC over threats to its broadcast licenses

“Again and again, the Administration has attacked ABC’s speech — the stories its journalists report and the viewpoints its network programs air.”

By Tatiana SatauaAugust 19, 2026
A Democratic Socialist just defeated a central figure in Trump’s first impeachment trial in a Florida primary

Alexander Vindman congratulated Angie Nixon for running a strong campaign: “I will be standing by her side in the fight against Ashley Moody.”

By Matt Brown and The Associated PressAugust 19, 2026
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North America
More in North America
A view of Golden Gate Bridge and houses during warm weather in San Francisco, California, United States.
The AI boom made San Francisco so crowded even ‘tech bros’ making six figures are left scrounging for homes and apartments

San Francisco has become the hub for big tech, but housing demand is outpacing supply.

By Joshua HongAugust 19, 2026
Fortune 500 companies got billions in tariff refunds. Here’s who’s giving customers a cut—and who isn’t

Giants like Amazon, Target and Nike are profiting most from the Supreme Court’s tariff ruling without committing to passing savings on to shoppers

By Mia OsmonbekovAugust 19, 2026
American Airlines is finally bringing back seatback screens after nearly 10 years in a premium push to win back customers

American is coping with a massive profit gap to competitors amid rising jet fuel costs and a movement towards luxury travel.

By Sarah GlodekAugust 19, 2026
‘Often flying blind’: Up to $246 million of taxpayer-funded CDC programs are largely unstaffed

The Office on Smoking and Health, the epilepsy program, sickle cell disease data collection operation, the rape prevention unit: all zombies.

By The Associated Press and Mike StobbeAugust 19, 2026
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Asia
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Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors
Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors

The Hangzhou-based startup, founded in 2016, has quickly become something akin to a national champion in China’s robotics sector.

By Nicholas GordonAugust 19, 2026
Strait of Hormuz chaos has incentivized China to use an alternative trade route: a 3,400 mile frozen Arctic channel dubbed the ‘Ice Silk Road’

Chinese shipping company Sea Legend Line just announced a shipping route through the Arctic, which takes half the time as established shipping routes.

By Sasha RogelbergAugust 19, 2026
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage

As any chief executive knows, the strongest brands are rarely destroyed by their competitors. This principle applies to nations as well.

By John A. QuelchAugust 18, 2026
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
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Global
More in Global
‘I think that we’re going to make history here’: Angry parents of kids sextorted, cyberbullied or addicted to social media are out for vengeance
‘I think that we’re going to make history here’: Angry parents of kids sextorted, cyberbullied or addicted to social media are out for vengeance

As opening statements kicked off Tuesday in a trial for Meta Platforms, advocates and parents of social media victims gathered outside the courthouse.

By The Associated Press and Kaitlyn HuamaniAugust 19, 2026
How KFC and Taco Bell’s top technologist is embracing AI and automation across 63,000 restaurants

The top technologist at Yum Brands, Jim Dausch, is embracing AI and automation across 63,000 restaurants.

By John KellAugust 19, 2026
Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring

The shot, paired with Merck’s Keytruda, cut the risk of melanoma recurrence in a trial of more than 1,100 patients.

By Catherina GioinoAugust 19, 2026
Cosigning a loan: The risks oftentimes overlooked

Cosigning a loan can be a great tool when used wisely, but it also comes with risks that you may not have considered.

By Joseph HostetlerAugust 19, 2026
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How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
Retail
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Leadership
Microsoft CEO Satya Nadella says he doesn’t see empathy as a soft skill: ‘It’s the hardest skill we learn’
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UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran
Energy
UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran
By David Rising and The Associated PressAugust 19, 2026
Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities
Retail
Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities
By Josh Funk and The Associated PressAugust 19, 2026
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Politics
From Pennsylvania to Ohio to Texas, the governors’ races are all coming down to data centers
By Marc Levy and The Associated PressAugust 19, 2026
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Success
Ex-Google chief scientist tells Gen Z the trick is not to master AI—instead, just ‘skim papers’
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Today’s home equity loan and HELOC rates, Aug. 5, 2026
Personal Finance
Home equity loan and HELOC rates, August 5, 2026
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Success
Gen Z’s anti-capitalist brand says one thing. Its spending data says something more interesting
By Nick LichtenbergAugust 5, 2026
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
Magazine
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By Beatrice NolanAugust 5, 2026
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
Politics
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
By Sydney LakeAugust 5, 2026
Europe’s tech sovereignty is facing its biggest test yet
Magazine
Europe’s tech sovereignty is facing its biggest test yet
By Sam ForsdickAugust 5, 2026
Has the AI race shifted from U.S. vs China to open vs closed?
Commentary
Has the AI race shifted from U.S. vs China to open vs closed?
By Grace Shao and Alvin Wang GraylinAugust 4, 2026
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Big Tech
Elon Musk delivers ‘totally nuts’ plan for moon robots and $1 trillion revenue target, but capex tanks SpaceX on debut earnings
By Amanda GerutAugust 4, 2026
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
C-Suite
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
By Catherina GioinoAugust 4, 2026
Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a Little League team’
AI
Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a Little League team’
By Tatiana SatauaAugust 4, 2026
The remains of the German tugboat wreckage marked as UJ-106 in the Danube River.
Environment
Danube River’s shrinking water levels expose dozens of World War II ships
By The Associated Press and Marko DrobnjakovicAugust 4, 2026
Firefighters work to extinguish a wildfire.
Environment
Europe’s long, hot summer leads to thousands evacuated and fire operators dead
By The Associated Press, Derek Gatopoulos and Sylvie CorbetAugust 4, 2026
Trump meets AI giants, Senate Dems decry ‘unpredictable’ governance—and cheap Chinese AI looms as giant security risk
AI
Trump meets AI giants, Senate Dems decry ‘unpredictable’ governance—and cheap Chinese AI looms as giant security risk
By Catherina GioinoAugust 4, 2026
Man in black in front of a blue background.
Big Tech
SpaceX revenue surges to $7.8 billion, blowing past Wall Street expectations by nearly $1 billion
By Amanda GerutAugust 4, 2026
New York Attorney General Letitia James looks to her right at a news conference.
Law
20 states and DC sue as Trump moves to share low-income families’ data with immigration authorities
By The Associated Press and Anthony IzaguirreAugust 4, 2026
US President Donald Trump speaks about the conflict in Iran in the James S. Brady Press Briefing Room of the White House.
Asia
Trump claims he’s talking with Iran as they hold talks with other nations
By The Associated Press, Samy Magdy, Elena Becatoros and Josh BoakAugust 4, 2026
OpenAI president Greg Brockman: We ‘contort’ ourselves around computers, clicking and typing is a ‘phase’
Newsletters
OpenAI president Greg Brockman: We ‘contort’ ourselves around computers, clicking and typing is a ‘phase’
By Emily ForliniAugust 4, 2026
Photo of Bessent at a table with Trump’s cabinet
Economy
Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debt
By Mia OsmonbekovAugust 4, 2026
McDonald’s CEO turns to a trusted lieutenant with a turnaround record to revive its biggest market
C-Suite
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By Phil WahbaAugust 4, 2026
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Personal Finance
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Big Tech
OpenAI fires back at Apple, publishing private emails to counter trade-secret claims
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AI
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Commentary
Bessent’s Yen gamble is a warning sign — buckle up
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Newsletters
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By Emma HinchliffeAugust 4, 2026
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Personal Finance
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President Donald Trump looks on during an announcement.
Crypto
‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidency
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Economy
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Success
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By Emma BurleighAugust 4, 2026
jobs
Economy
Why a measly 100,000 job openings is normal for the Trump economy
By Paul Wiseman and The Associated PressAugust 4, 2026
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Health
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By Emily PharesAugust 4, 2026
Patrick Collison
Success
Despite dropping out of MIT to build $159 billion fintech Stripe, its CEO has a warning for Gen Z who want to copy him: ‘That was a poor intuition’
By Preston ForeAugust 4, 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
Personal Finance
With the national debt nearing $40 trillion, Bank of America has a warning for bond investorsplaceholder alt text
By Joshua HongAugust 18, 2026
Economy
Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'placeholder alt text
By Nick LichtenbergAugust 19, 2026
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