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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

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Current price of oil as of August 18, 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 dead

2

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

3

Current price of oil as of August 18, 2026
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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 Airlines is finally bringing back seatback screens after nearly 10 years in a premium push to win back customers
By Sarah GlodekAugust 19, 2026
KFC
How KFC and Taco Bell’s top technologist 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
Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring
By Catherina GioinoAugust 19, 2026
a
A Democratic Socialist just defeated a central figure in Trump’s first impeachment trial in a Florida primary
By Matt Brown and The Associated PressAugust 19, 2026
Dr. Erica Schwartz testifies during a Senate Health Education Labor and Pensions committee confirmation hearing to be the director of the Centers for Disease Control and Prevention on Capitol Hill.
‘Often flying blind’: Up to $246 million of taxpayer-funded CDC programs are largely unstaffed
By The Associated Press and Mike StobbeAugust 19, 2026
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How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen

Rebel has filed for Chapter 11 bankruptcy, but will continue to sell in grocery stores amid a court-ordered rebrand.

By Sarah GlodekAugust 19, 2026
From Pennsylvania to Ohio to Texas, the governors’ races are all coming down to data centers

Stacy Garrity accused Josh Shapiro of having “lit the fuse on the chaos we are seeing in community after community.”

By Marc Levy and The Associated PressAugust 19, 2026
Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse

Border closures with Pakistan have crushed Afghanistan’s fruit exports, forcing farmers to dry their grapes into lower-priced raisins

By ABDUL QAHAR AFGHAN and The Associated PressAugust 19, 2026
The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes

The agency wants to raise the health giant’s taxable income for four straight years. Neither side will say how much is at stake.

By Tatiana SatauaAugust 19, 2026
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North America
More in North America
UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran
UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran

Tehran denies launching the missiles that triggered Tuesday’s alert, as Iran’s economy already reels from sanctions and a blockade of its ports

By David Rising and The Associated PressAugust 19, 2026
Multimillionnaire podcaster Mel Robbins says she learned the secret to spotting the most influential person in the room when she was a waitress

“The Mel Robbins Podcast” host says the most powerful person in the room is “never who you think it is.”

By Emma BurleighAugust 19, 2026
Home Depot’s $730 million tariff refund was largely offset by rising costs

Home Depot, Amazon, and Walmart are taking very different approaches to the tariff refunds flowing back to retailers.

By Sheryl EstradaAugust 19, 2026
Current price of oil as of August 19, 2026

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

By Joseph HostetlerAugust 19, 2026
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Asia
More in Asia
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
Cosigning a loan: The risks oftentimes overlooked
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
Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities

“It’s still an experiment. It’s still in test and learn mode,” said Sucharita Kodali, who is a retail analyst with Forrester.

By Josh Funk and The Associated PressAugust 19, 2026
Ex-Google chief scientist tells Gen Z the trick is not to master AI—instead, just ‘skim papers’

Jeff Dean, who just left Google after 27 years, says future success belongs to Gen Z students who read broadly and focus on problems with a five-year horizon.

By Preston ForeAugust 19, 2026
Bond traders are testing Kevin Warsh: The Fed chair will heed—but not be ruled by—them, says an economist who spent years sitting next to him

“He wants the Fed to think in terms of the bigger picture … and people are finding that frustrating, but I think he’s been very, very clear.”

By Eleanor PringleAugust 19, 2026
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Microsoft CEO Satya Nadella smiling on stage
Leadership
Microsoft CEO Satya Nadella says he doesn’t see empathy as a soft skill: ‘It’s the hardest skill we learn’
By Orianna Rosa RoyleAugust 19, 2026
Larry Page and Sergey Brin smile in front of old Google servers.
Leadership
Google’s founders didn’t market test Alphabet’s name before launching the now $1.9 trillion juggernaut. Here’s the advice Steve Jobs gave Larry Page
By Sasha RogelbergAugust 19, 2026
Hayden Panettiere helped change how women talk about mental health. After her death, consumers aren’t ready to forgive the brand that failed her
Newsletters
Hayden Panettiere helped change how women talk about mental health. After her death, consumers aren’t ready to forgive the brand that failed her
By Emma HinchliffeAugust 19, 2026
OpenAI CEO Sam Altman with Replit CEO Amjad Masad
AI
Exclusive: Replit taps OpenAI’s low-cost Luna model for new ‘Free Mode’
By Emily ForliniAugust 19, 2026
Current price of gold as of August 19, 2026
Personal Finance
Current price of gold as of August 19, 2026
By Danny BakstAugust 19, 2026
a woman rides an ALSO autonomous bike
Startups & Venture
Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation
By Lily Mae LazarusAugust 19, 2026
chips
Future of Work
Even potato-chip tasters are temporary in the economy of 2026 — there’s nearly 57 million of these ‘disposable workers’
By Paul Osterman and The ConversationAugust 19, 2026
Current price of silver as of Wednesday, Aug. 19, 2026
Personal Finance
Current price of silver as of Wednesday, August 19, 2026
By Joseph HostetlerAugust 19, 2026
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JPMorgan Chase, Accenture and others are teaming up on a new venture to standardize how AI token use is measured
AI
JPMorgan Chase, Accenture and others are teaming up on a new venture to standardize how AI token use is measured
By Sheryl EstradaAugust 4, 2026
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Economy
Trump called his own housing bill a ‘yawn.’ Now he’s heading for a west coast tour with a 32% approval rating on the economy
By Darlene Superville and The Associated PressAugust 4, 2026
owen
Commentary
Your AI strategy isn’t failing because of bad design. It’s because your team doesn’t believe in you
By Owen FitzpatrickAugust 4, 2026
m
Retail
McDonald’s U.S. sales growth stalls to 0.8% as gas prices bite
By Michelle Chapman and The Associated PressAugust 4, 2026
backpack
Health
Back-to-school shopping raises the new-age question: how heavy should your kids’ backpack be?
By Cheyanne Mumphrey and The Associated PressAugust 4, 2026
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Investing
Toyota sold fewer cars but nearly doubled profit on cheap yen
By Yuri Kageyama and The Associated PressAugust 4, 2026
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Banking
Capital One had 300 Trump accounts — then its money-laundering team stepped in
By Ken Sweet and The Associated PressAugust 4, 2026
from right to left: Javi Palafox, Pablo Palafox, and Luis Paarup stand and smile
Newsletters
HappyRobot is worth $1.2 billion. Its founder says it’s just ‘getting started’
By Lily Mae LazarusAugust 4, 2026
Portrait of Knut Wicksell (1851-1926) Swedish economist. Dated 20th Century. (Photo by Universal History Archive/Universal Images Group via Getty Images)
Economy
A forgotten Swedish economist’s 130-year-old theory explains why investors won’t quit funding America’s near-$40 trillion pile of debt
By Eleanor PringleAugust 4, 2026
Photo: Sam Altman
Newsletters
Sam Altman’s OpenAI publishes brutal critique of Apple lawsuit: ‘Apple is getting this wrong’
By Jim EdwardsAugust 4, 2026
Could a UN-backed plan to reopen Hormuz break the deadlock? 
Newsletters
Could a UN-backed plan to reopen Hormuz break the deadlock? 
By Melissa HancockAugust 4, 2026
Top CD rates from major banks Aug. 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 4, 2026
Current price of Bitcoin for August 4, 2026
Personal Finance
Current price of Bitcoin for August 4, 2026
By Joseph HostetlerAugust 4, 2026
Current price of Ethereum for August 4, 2026
Personal Finance
Current price of Ethereum for August 4, 2026
By Joseph HostetlerAugust 4, 2026
Current price of oil as of August 4, 2026
Personal Finance
Current price of oil as of August 4, 2026
By Joseph HostetlerAugust 4, 2026
Sir Martin Sorrell has identified the key AI skill for the future: ‘People who share will be the new kings and queens’
Europe
Sir Martin Sorrell has identified the key AI skill for the future: ‘People who share will be the new kings and queens’
By Kamal AhmedAugust 4, 2026
Photo of Greg and Anna Brockman
Environment
OpenAI’s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named Jackie
By Sydney LakeAugust 4, 2026
Today’s home equity loan and HELOC rates, August 4, 2026
Personal Finance
Home equity loan and HELOC rates, August 4, 2026
By Joseph HostetlerAugust 4, 2026
The Porsche Design Tower in Sunny Isles Beach, Florida.
Real Estate
From Porsche penthouses to Nobu lofts: Inside the $67 billion boom in luxury branded residences
By Zahra TayebAugust 4, 2026
Cars on a highway in the Bronx, N.Y.
Personal Finance
How Zohran Mamdani’s pied-à-terre tax exposed an epidemic of ‘ghost cars’ instead
By Catherina GioinoAugust 4, 2026
The NFL’s previous push into Europe lost $400 million—so why is it trying again?
Magazine
The NFL’s previous push into Europe lost $400 million—so why is it trying again?
By Sam BirchallAugust 4, 2026
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’
Investing
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’
By Nick LichtenbergAugust 4, 2026
The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead
Commentary
The AI race isn’t about models, it’s about infrastructure—and the U.S. is still far ahead
By Alex CapriAugust 4, 2026
Alex Karp, wearing a hat, gives a peace sign
AI
Palantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’
By Preston ForeAugust 3, 2026
Sea’s MariBank wants to export its Singapore digital banking playbook: First stop, the Philippines
Banking
Sea’s MariBank wants to export its Singapore digital banking playbook: First stop, the Philippines
By Angelica AngAugust 3, 2026
Palantir CEO Alex Karp
AI
Palantir shares jump 13% as U.S. AI demand sends revenue soaring past targets
By Preston ForeAugust 3, 2026
The Danube is running dry, and Europe’s power grid is suffering as a result
Environment
The Danube is running dry, and Europe’s power grid is suffering as a result
By Justin Spike and The Associated PressAugust 3, 2026
‘There is no Fund’: GOP holdouts back Blanche after DOJ scraps proposed $1.8 billion slush fund
Politics
‘There is no Fund’: GOP holdouts back Blanche after DOJ scraps proposed $1.8 billion slush fund
By Mary Clare Jalonick, Alanna Durkin Richer and The Associated PressAugust 3, 2026
Conventional vs. FHA home loans: Which is better for you?
Personal Finance
Conventional vs. FHA home loans: Which is better for you?
By Joseph HostetlerAugust 3, 2026
ph
Economy
The real reason a Pizza Hut frozen in the 1990s still draws crowds isn’t nostalgia
By The ConversationAugust 3, 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
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Current price of oil as of August 18, 2026placeholder alt text
By Joseph HostetlerAugust 18, 2026
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