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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

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
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
‘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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Latest stories from Fortune
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
Retail
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
By Sarah GlodekAugust 19, 2026
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
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
Jeff Dean
Success
Ex-Google chief scientist tells Gen Z the trick is not to master AI—instead, just ‘skim papers’
By Preston ForeAugust 19, 2026
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Success
Multimillionnaire podcaster Mel Robbins says she learned the secret to spotting the most influential person in the room when she was a waitress
By Emma BurleighAugust 19, 2026
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Photo of worker polishing rare earth metal ingot
Energy
America’s $500 million bet on rare earths depends on a tiny New Hampshire refinery scaling from 200 kg to 120 tonnes in 2 years
By Didi Tang, Josh Funk, Rodrique Ngowi and The Associated PressAugust 3, 2026
SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents
AI
SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents
By Nicholas GordonAugust 3, 2026
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Economy
‘Japan’s been very good to us, with the exception, of course, of Pearl Harbor’: Trump awkwardly comes to the Yen’s rescue
By Mayuko Ono, Elaine Kurtenbach and The Associated PressAugust 3, 2026
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Cybersecurity
Someone broke into Liechtenstein’s secret wealth haven list overnight
By The Associated PressAugust 3, 2026
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AI
The computer science major is dying so that the AI literacy minor can be born: ‘we have to democratize it’
By Heather Hollingsworth and The Associated PressAugust 3, 2026
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Arts & Entertainment
Spider-Man comes $2 million shy of Avengers record for all-time first-weekend record, already close to $1 billion global box office
By Lindsey Bahr and The Associated PressAugust 3, 2026
AI changed what work looks like. Now the operating model must follow
Future of Work
AI changed what work looks like. Now the operating model must follow
By Neil DharAugust 3, 2026
Business colleagues sitting at conference table seen through glass wall. They are planning strategy.
C-Suite
Aon’s CFO on the No. 1 risk keeping CEOs and finance chiefs up at night
By Sheryl EstradaAugust 3, 2026
Sam Altman says a ‘cool use case’ for ChatGPT is a daily AI podcast about your kids. The replies were brutal
AI
Sam Altman says a ‘cool use case’ for ChatGPT is a daily AI podcast about your kids. The replies were brutal
By Holly Van Leuven and Morning BrewAugust 3, 2026
As Amazon pours billions into AI, Jeff Bezos says the real edge lies in what won’t change
C-Suite
As Amazon pours billions into AI, Jeff Bezos says the real edge lies in what won’t change
By Ruth UmohAugust 3, 2026
Top CD rates from major banks Aug. 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 3, 2026
Current price of Bitcoin for August 3, 2026
Personal Finance
Current price of Bitcoin for August 3, 2026
By Joseph HostetlerAugust 3, 2026
Current price of Ethereum for August 3, 2026
Personal Finance
Current price of Ethereum for August 3, 2026
By Joseph HostetlerAugust 3, 2026
Circle bought 1,000 IBM blockchain patents. Nothing good can come of that
Newsletters
Circle bought 1,000 IBM blockchain patents. Nothing good can come of that
By Jeff John RobertsAugust 3, 2026
Elon Musk is photographed at Space X in Brownsville, Texas
Success
Elon Musk wants engineers and trade talent: All you need is 3 bullet points, a résumé, and a desire to create the best data centers ‘off Earth’
By Eleanor PringleAugust 3, 2026
Current price of oil as of August 3, 2026
Personal Finance
Current price of oil as of August 3, 2026
By Joseph HostetlerAugust 3, 2026
Wall Street shrugs off global slump as Trump promises (yet another) imminent deal with Iran
Newsletters
Wall Street shrugs off global slump as Trump promises (yet another) imminent deal with Iran
By Jim EdwardsAugust 3, 2026
To power AI, Khosla and a16z bet this startup can reinvent mining
Newsletters
To power AI, Khosla and a16z bet this startup can reinvent mining
By Allie GarfinkleAugust 3, 2026
Eddie Wu Yongming, CEO of Alibaba, in Hangzhou in east China's Zhejiang province on Sept. 24, 2025. (Photo: Xu Kangping/Feature China/Future Publishing/Getty Images)
Newsletters
Is Alibaba’s Qwen3.8-Max China’s next top AI model?
By Andrew NuscaAugust 3, 2026
Today’s home equity loan and HELOC rates, August 3, 2026
Personal Finance
Home equity loan and HELOC rates, August 3, 2026
By Joseph HostetlerAugust 3, 2026
Electric air taxis are finally ready for takeoff
Magazine
Electric air taxis are finally ready for takeoff
By Alexei OreskovicAugust 3, 2026
After canceling Iran strikes, Trump says negotiations will resume Monday afternoon while Tehran continues Hormuz talks with Oman
Politics
After canceling Iran strikes, Trump says negotiations will resume Monday afternoon while Tehran continues Hormuz talks with Oman
By Aamer Madhani, Samy Magdy and The Associated PressAugust 2, 2026
Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
Investing
Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
By Jason MaAugust 2, 2026
UK’s Burnham pledges ‘relentless’ focus on illegal migration
Politics
UK’s Burnham pledges ‘relentless’ focus on illegal migration
By Philip Aldrick and BloombergAugust 2, 2026
Here’s how Trump has zig zagged with on-again, off-again strikes throughout the Iran war
Energy
Here’s how Trump has zig zagged with on-again, off-again strikes throughout the Iran war
By Melanie Lidman and The Associated PressAugust 2, 2026
CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’
Big Tech
CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’
By Angelica AngAugust 2, 2026
AstraZeneca said to have explored Bristol Myers merger
Health
AstraZeneca said to have explored Bristol Myers merger
By Dinesh Nair, Michelle F. Davis, Ashleigh Furlong, Kelly Gilblom and BloombergAugust 2, 2026
AI is creating a two-speed jobs market in the UK, Indeed says
AI
AI is creating a two-speed jobs market in the UK, Indeed says
By Irina Anghel and BloombergAugust 2, 2026
As AI creates more entrepreneurs and a skills mismatch, Gen Z faces the choice of being a specialist or a ‘general-purpose nerd’
Success
As AI creates more entrepreneurs and a skills mismatch, Gen Z faces the choice of being a specialist or a ‘general-purpose nerd’
By Jason MaAugust 2, 2026
Sen. Bernie Moreno says Rep. Max Miller shouldn’t serve in the House, calling former son-in-law a ‘danger to my daughter’ and granddaughter
Politics
Sen. Bernie Moreno says Rep. Max Miller shouldn’t serve in the House, calling former son-in-law a ‘danger to my daughter’ and granddaughter
By Mary Clare Jalonick, Julie Carr Smyth and The Associated PressAugust 2, 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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