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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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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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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

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

2

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

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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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

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
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
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
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
By The Associated Press and Ali SwensonAugust 18, 2026
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The Buss family wants an ‘exit gracefully.’ Jeanie Buss says no
By Greg Beacham and The Associated PressAugust 18, 2026
BANDAR ABBAS, IRAN - A person wades in the water as ships are seen anchored in the Strait of Hormuz on Aug. 10, 2026 off the coast of Bandar Abbas, Iran. In a recent statement, Iran's Supreme National Security Council said the vital waterway would not reopen until the United States corrects its behavior, demanding that the U.S. end its war on Iran and compensate the country for war damage, among other conditions. Iran has largely halted vessel traffic through the strait with the threat of strikes; meanwhile, the U.S. has imposed a blockade on Iranian ports.
The Iran war may kill the ‘freedom of seas’ worldwide and everyone would pay the price
By Jordan BlumAugust 18, 2026
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
By Marco Quiroz-GutierrezAugust 18, 2026
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Law
More in Law
New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial
New Mexico’s attorney general reportedly pushes new social media safety laws a day before 29 AGs testify against Meta in federal trial

Raul Torrez, New Mexico’s attorney general, is drafting two bills as a separate 29-state trial over child safety opens in Oakland tomorrow.

By Catherina GioinoAugust 17, 2026
The great modern train robbery: Thieves steal $200 million a year

More than 75,000 thefts on US freight networks last year pushed freight railroad companies to pour millions into fencing and AI cameras

By Bloomberg and Kiel PorterAugust 17, 2026
BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims

The allegations center on the way a 2024 documentary edited a speech Trump gave on Jan. 6, 2021, before protesters attacked the Capitol in Washington.

By Sylvia Hui and The Associated PressAugust 16, 2026
Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One

The solicitor general called it an “integrated military complex, including a totally secure ballroom space, at the East Wing of the White House, which is vitally required by national security.”

By Michael Kunzelman, Lindsay Whitehurst and The Associated PressAugust 15, 2026
More in Law
Politics
More in Politics
57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents
57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents

The tally comes as only 32% of Americans approve of Trump’s handling of the economy, down from 40%

By The Associated Press and Thomas BeaumontAugust 17, 2026
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

“We should be highly concerned about the integrity of the caverns anytime crude inventories drop below 300 million barrels,” one petroleum engineering professor warned.

By Sasha RogelbergAugust 17, 2026
Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet

Unless the U.S. implements the June ceasefire deal in a few weeks, Iran will launch a “timely and precise” ​attack to break the blockade, an Iranian official told Reuters.

By Jason MaAugust 17, 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
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Anthropic CEO Dario Amodei.
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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
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Guide to mortgage preapproval
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The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym
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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.
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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
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The Best Labor Day Fitness Sales of 2026: Save on Treadmills, Rowers, and More
By Christina SnyderAugust 18, 2026
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Startups & Venture
Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax
By Mia OsmonbekovAugust 18, 2026
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack
AI
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack
By Emily ForliniAugust 18, 2026
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AI
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By Joshua HongAugust 18, 2026
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Canadian auto billionaire’s fortune doubles even with US tariffs
North America
Canadian auto billionaire’s fortune doubles even with US tariffs
By Ari Altstedter and BloombergAugust 17, 2026
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Energy
Trump’s Venezuela fixer is promoting ‘America First’ oil deals
By Fabiola Zerpa, Ezra Fieser, Patricia Garip, Ben Bartenstein and BloombergAugust 17, 2026
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Success
Walmart and McDonald’s aren’t the SNAP kings anymore — Uber, Lyft and DoorDash lead in workers on food stamps 
By Jacob Lederman and The ConversationAugust 17, 2026
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Politics
Lula opens a U.S. tariff fight with big tech in the crosshairs
By Mauricio Savarese and The Associated PressAugust 17, 2026
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Travel & Leisure
Miami’s wreck of a gorgeous floating stadium where Elvis and Jimmy Buffett has a chance to come back from the dead
By David Fischer and The Associated PressAugust 17, 2026
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Politics
The pandemic loan was for a tire shop. Prosecutors say it helped elect a mayor
By Michael Casey and The Associated PressAugust 17, 2026
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Politics
Florida gerrymandering puts Debbie Wasserman Schultz in awkward position of running to represent 42% Black district
By Bill Barrow and The Associated PressAugust 17, 2026
Blanche defends reflecting pool prosecutor who angered Trump
Politics
Blanche defends reflecting pool prosecutor who angered Trump
By Tony Czuczka and BloombergAugust 16, 2026
Dimon warns UK’s Healey against raising taxes on banks, FT says
Economy
Dimon warns UK’s Healey against raising taxes on banks, FT says
By Tony Czuczka and BloombergAugust 16, 2026
U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’
Asia
U.S. to trim military exercises with South Korea after Trump says Seoul declined to help on Iran while the North is ‘unthreatening and respectful’
By The Associated PressAugust 16, 2026
Avocado pickers in Mexico restart exports as security alert is lifted but are ‘at the mercy of whatever the U.S. market and government decide’
North America
Avocado pickers in Mexico restart exports as security alert is lifted but are ‘at the mercy of whatever the U.S. market and government decide’
By María Verza, Armando Solis and 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
By The Associated PressAugust 16, 2026
President Donald Trump boards Air Force One on August 9, 2026 at Morristown Airport in Morristown, New Jersey.
Economy
Trump’s grand plan to put American workers first may be backfiring as U.S.-born unemployment rises and wage growth stalls
By Eleanor PringleAugust 16, 2026
‘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’
Politics
‘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’
By Konstantin Toropin, Aamer Madhani and The Associated PressAugust 15, 2026
What Bessent’s economic isolation of Iran could look like
Energy
What Bessent’s economic isolation of Iran could look like
By Magdalena Del Valle and BloombergAugust 15, 2026
Trump embraces a political strategy of being in charge of everything but responsible for nothing when things go badly
Politics
Trump embraces a political strategy of being in charge of everything but responsible for nothing when things go badly
By Will Weissert and The Associated PressAugust 15, 2026
Some gamblers are buying losing lottery tickets on eBay as a way to offset taxes on their gambling wins
Personal Finance
Some gamblers are buying losing lottery tickets on eBay as a way to offset taxes on their gambling wins
By Catherina GioinoAugust 15, 2026
Donald Trump and Scott Bessent sit next to each other.
North America
‘If your tariff was 0%, there’s no need to commit fraud’: The White House is sounding off on a $112 billion tariff-dodging scheme it made worse
By Sasha RogelbergAugust 14, 2026
Luigi Mangione pleads guilty in killing of UnitedHeathcare CEO. ‘I shot Mr. Thompson in Manhattan and he died’
Law
Luigi Mangione pleads guilty in killing of UnitedHeathcare CEO. ‘I shot Mr. Thompson in Manhattan and he died’
By Catherina GioinoAugust 14, 2026
pn
Economy
Peter Navarro rips into China in White House report that is more about other countries aiding tariff avoidance
By The Associated Press and Josh BoakAugust 14, 2026
Sean Duffy speaks behind a podium. An American flag hangs behind him.
Politics
Facing a decadeslong shortage, the FAA has now hired more than 2,000 air traffic controllers after its campaign recruiting Gen Z video gamers
By Sasha RogelbergAugust 14, 2026
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Economy
Trump’s ‘Golden Age’ economy pitch fizzles with midterm voters
By Josh Wingrove, Mark Niquette, Catherine Lucey and BloombergAugust 14, 2026
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Arts & Entertainment
Selena Gomez accused of fraud by mental-health startup investors
By Sabrina Willmer, David Voreacos and BloombergAugust 14, 2026
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Politics
Trump’s ‘Board of Peace’ with Jared Kushner, Tony Blair heads to Middle East to salvage Gaza peace deal
By Matthew Lee and The Associated PressAugust 14, 2026
Randall Lane probably didn’t break the law by accepting $6 million while working at Forbes, but he may still pay a price under a 140-year-old doctrine
Personal Finance
Randall Lane probably didn’t break the law by accepting $6 million while working at Forbes, but he may still pay a price under a 140-year-old doctrine
By Catherina GioinoAugust 14, 2026
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’ 
Europe
Glenn Fogel runs the world’s largest online travel business. He still personally reads customer complaints because ‘you gotta get that sh*t right’ 
By Kamal AhmedAugust 14, 2026
v
Commentary
Philanthropy’s best-kept secret: the more you have, the less you’re required to give
By Vandana ArcotAugust 14, 2026
Francesca Hong smiles and waves at the crowd during an election-night party.
Politics
Prediction markets’ reputation comes back to earth after surprise result in Wisconsin
By Camila Grigera NaónAugust 13, 2026
Two ICE agents wearing camouflage gear with eye and face coverings.
Innovation
The electric shock gloves ICE is spending up to $20 million on are already being given to police officers in Omaha public schools
By Sasha RogelbergAugust 13, 2026
Trump pivots to economic squeeze of ‘entrenched’ Iran regime
North America
Trump pivots to economic squeeze of ‘entrenched’ Iran regime
By Magdalena Del Valle and BloombergAugust 13, 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
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
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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