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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

3

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

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

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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Anthropic CEO Dario Amodei.
David Sacks says Anthropic’s Dario Amodei wants a ‘DMV for AI.’ But plenty of industries thrive despite safety regulation

Amodei took to social media to defend his approach to regulation and his discussion of AI risks following criticism from investor Gavin Baker.

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 Peterson Foundation bus stop sign displays the national debt on June 12, 2026 in Washington, DC.
With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
By Joshua HongAugust 18, 2026
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
By Christina SnyderAugust 18, 2026
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Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax
By Mia OsmonbekovAugust 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
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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
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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
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OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack
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
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 has just shared the simple rule he follows for when to turn down a meeting

Dropbox co-CEO Ashraf Alkarmi writes down five goals each quarter—if ‘I get meetings that are not related to these things, I don’t go,” he says.

By Emma BurleighAugust 18, 2026
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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
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
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Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
Investing
Berkshire Hathaway buys more homebuilder stocks but slashes stakes in banks and dumps all its holdings in alcoholic beverage maker
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Earnings from Walmart and other top retailers will give investors more clues on the housing market and how consumers are grappling with inflation
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By The Associated PressAugust 16, 2026
Centcom chief calls carrier’s mission ‘one of the most operationally intense and consequential of the modern era’ amid mental health and supply issues
Politics
Centcom chief calls carrier’s mission ‘one of the most operationally intense and consequential of the modern era’ amid mental health and supply issues
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‘Godfather of AI’ says billionaires like Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeAugust 16, 2026
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Fortune Archives: The end of an era at Google DeepMind
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Exec at $27 billion tech giant HP hits back at Gen Z lazy label, saying they’re great at listening and building relationships
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Talking to a bot might feel good in the moment, but a growing body of research suggests it won’t cure loneliness
By Mia OsmonbekovAugust 16, 2026
The $124 trillion Great Wealth Transfer is fully underway—but nonprofits are ‘paralyzed’ by how to chase millennials’ newfound wealth
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By Tasos ZachosAugust 16, 2026
Seven ways college students can manage their finances — because money decisions impact financial security when starting a first job after graduation
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Harvard fund discloses $2.2 billion stake in Musk’s SpaceX
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Alibaba AI models hit 3 billion downloads, passing Meta, Google
AI
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Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble
Economy
Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble
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Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One
Law
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‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’
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Tariff refunds are juicing corporate profits and GDP as more tailwinds converge to propel growth to a blistering 4.3% pace, top economist says
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By Jason MaAugust 15, 2026
Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
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Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it
By Jason MaAugust 15, 2026
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By Magdalena Del Valle and BloombergAugust 15, 2026
Iran, Oman home in on Hormuz Strait deal as ship attacks mount
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Iran, Oman home in on Hormuz Strait deal as ship attacks mount
By Arsalan Shahla, Sara Gharaibeh, Catherine Lucey and BloombergAugust 15, 2026
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
Investing
Berkshire pads Delta, Alphabet stakes as Abel taps cash pile
By Alexandre Rajbhandari and BloombergAugust 15, 2026
Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares
Big Tech
Nvidia has $21 billion SpaceX stake, $30 billion in Intel shares
By Lynn Doan and BloombergAugust 15, 2026
Jane Street lost $15 billion in its first down month in a decade
Investing
Jane Street lost $15 billion in its first down month in a decade
By Katherine Doherty, Sridhar Natarajan, Laura Benitez and BloombergAugust 15, 2026
Anthropic revenue surges to over $11.5 billion in second quarter
AI
Anthropic revenue surges to over $11.5 billion in second quarter
By Bailey Lipschultz, Rachel Metz and BloombergAugust 15, 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
Success
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
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