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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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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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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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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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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

The suit looks to make fundamental changes to how Meta runs its social media platforms to better serve child privacy and safety.

By Barbara Ortutay, Kaitlyn Huamani and The Associated PressAugust 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
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
‘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
By The Associated Press and Kaitlyn HuamaniAugust 19, 2026
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
By Joshua HongAugust 19, 2026
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Big Tech
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Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities
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
Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation

The Rivian spinoff just raised $150 million to build autonomous vehicles for moving people and packages—not just pedalers.

By Lily Mae LazarusAugust 19, 2026
Nelson Peltz might take Wendy’s private following six straight quarterly sales declines as customers flee its poor franchise models and bad marketing

Peltz spent two decades helping shape Wendy’s into the burger conglomerate it is today. Now he’s considering buying the rest of the struggling chain.

By Tatiana SatauaAugust 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
More in Big Tech
Startups & Venture
More in Startups & Venture
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

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
Exclusive: Replit taps OpenAI’s low-cost Luna model for new ‘Free Mode’

An 80% reduction in the cost of tokens for OpenAI’s Luna allowed Replit to roll out the new service, which despite its ‘free’ name, still requires a monthly subscription.

By Emily ForliniAugust 19, 2026
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy

Thrive Capital founder Joshua Kushner’s $12.5 billion deal with former Disney CEO Bob Iger to buy the Los Angeles Lakers vaults him into an elite club.

By Jason MaAugust 19, 2026
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
More in Startups & Venture
AI
More in AI
KFC
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
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

The anniversary of Google’s IPO is on Wednesday, and Fortune looked back at the philosophy behind the founders’ brainchild.

By Sasha RogelbergAugust 19, 2026
Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips

Nevada capped Tesla’s fleet at a fraction of its request and kept it away from Harry Reid airport.

By Catherina GioinoAugust 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
More in AI
Innovation
More in Innovation
Current price of Ethereum for Aug. 19, 2026
Current price of Ethereum for August 19, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerAugust 19, 2026
How the UAE has emerged as a ‘leading light’ for tokenization  

Coinbase’s decision to base its global tokenization hub in Abu Dhabi is the latest sign that the emirate’s bet on regulated digital assets is paying off—with $500 billion in GCC assets predicted to move onto blockchain by 2030.

By Melissa HancockAugust 19, 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
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
More in Innovation
Cybersecurity
More in Cybersecurity
Yevgeny Dibrov crosses his arms while wearing a suit.
Inside the $8 billion cybersecurity acquisition that rescued ServiceNow from the ‘Saaspocalypse’

The deal for Yevgeny Dibrov’s Armis was Israel’s second-largest tech startup exit ever.

By Lily Mae LazarusAugust 19, 2026
Data center gas plants to boost U.S. power emissions by 20%

Ninety-nine proposed gas plants to power AI data centers could lift emissions by up to a third, with Amazon and Microsoft among the developers

By Matt Day, Mark Chediak and BloombergAugust 18, 2026
Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI

A KPMG audit appears to establish the legitimacy of Tether’s reserves. Meanwhile, the company’s ambitions are scaling far beyond crypto.

By Jeff John RobertsAugust 17, 2026
Meta heads to child safety trial facing financial damages as large as $1.4 trillion

Four states want penalties that approach Meta’s market value, but the lasting threat is a court-ordered overhaul of Facebook and Instagram for young users.

By Barbara Ortutay and The Associated PressAugust 17, 2026
More in Cybersecurity
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Economy
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
Law
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 woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison
Politics
A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison
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
Law
78-year-old ex-Fauci adviser pleads guilty to concealing COVID-19 origin research records using private email
By The Associated PressAugust 19, 2026
Jimmy Kimmel feud with Trump escalates to ABC suing the FCC over threats to its broadcast licenses
Law
Jimmy Kimmel feud with Trump escalates to ABC suing the FCC over threats to its broadcast licenses
By Tatiana SatauaAugust 19, 2026
Photo of shoppers and Target
Retail
Fortune 500 companies got billions in tariff refunds. Here’s who’s giving customers a cut—and who isn’t
By Mia OsmonbekovAugust 19, 2026
a
Politics
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.
Health
‘Often flying blind’: Up to $246 million of taxpayer-funded CDC programs are largely unstaffed
By The Associated Press and Mike StobbeAugust 19, 2026
More TechPage 21 of 100
Split image of two men
Big Tech
SpaceX and Amazon are tech doppelgangers worth $4.5 trillion—and they’re headed for a collision
By Amanda GerutJuly 13, 2026
  • Fed’s Williams says AI is now his main inflation concern
    Economy
    Fed’s Williams says AI is now his main inflation concern
    By Maria Eloisa Capurro and BloombergJuly 9, 2026
Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply
AI
Trinidad and Tobago signs deals with U.S. companies for data centers, despite history of chronic water shortages and intermittent supply
By Anselm Gibbs and The Associated PressJuly 12, 2026
Want to earn nearly $100,000 within 5 years of graduating? Study engineering, Fed research says
Success
Want to earn nearly $100,000 within 5 years of graduating? Study engineering, Fed research says
By Orianna Rosa RoyleJuly 12, 2026
A girl looking at her laptop screen
Innovation
The U.S. spent $30 billion to ditch textbooks for laptops and tablets: The result is the first generation less cognitively capable than their parents
By Sasha RogelbergJuly 12, 2026
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
Big Tech
Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich
By Marco Quiroz-GutierrezJuly 12, 2026
Zhenghua Yang
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeJuly 12, 2026
  • Altman says OpenAI made ‘many changes’ during talks with U.S.
    AI
    Altman says OpenAI made ‘many changes’ during talks with U.S.
    By Lorelei Smillie and BloombergJuly 9, 2026
Photo: James Murdoch
Big Tech
James Murdoch may have reaped as much as $7.5 billion from his pre-IPO investment in Elon Musk’s SpaceX
By Claire AtkinsonJuly 12, 2026
On the left, a black and white photo of Jim Kavanaugh playing soccer in the 1980s. On the right, a modern headshot of Kavanaugh wearing a blue suit jacket
Success
This former U.S. soccer player built a $20 billion-a-year company. Now, he says resilience matters more than talent—and points to Lionel Messi as proof
By Preston ForeJuly 12, 2026
An older man sits at a table with a laptop in front of him with his chin resting on his hand.
Future of Work
More tech workers are retiring early because they don’t want to deal with AI-related changes: ‘Many people believe it’s overblown’
By Sasha RogelbergJuly 12, 2026
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple
Law
OpenAI engineer’s ‘LOL’ moment set stage for legal fight with Apple
By Mark Gurman and BloombergJuly 11, 2026
usa
Commentary
For 250 years, work defined American identity. That era Is ending
By Keith Ferrazzi and Wendy SmithJuly 11, 2026
  • Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert
    AI
    Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert
    By Sheryl EstradaJuly 9, 2026
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
Big Tech
Meta added a privacy-safety feature to its AI glasses but is reportedly testing a ‘super-sensing’ prototype
By Marco Quiroz-GutierrezJuly 11, 2026
How SK Hynix just pulled off the second-largest U.S. share sale by quietly powering the AI boom
Asia
How SK Hynix just pulled off the second-largest U.S. share sale by quietly powering the AI boom
By Nicholas GordonJuly 11, 2026
Why the 2026 IPO boom is about to broaden beyond AI mega-deals
Investing
Why the 2026 IPO boom is about to broaden beyond AI mega-deals
By Sheryl EstradaJuly 11, 2026
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit
Big Tech
Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit
By Sebastian HerreraJuly 10, 2026
OpenAI CEO Sam Altman sitting next to U.S. President Donald Trump at the G7 Meeting in Evian, France.
AI
OpenAI’s latest AI model likely has similar cyber vulnerabilities to one that led to U.S. export controls on Anthropic’s Fable, British agency says
By Emily Forlini and Jeremy KahnJuly 10, 2026
Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company
AI
Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by a foreign company
By Damian J. Troise and The Associated PressJuly 10, 2026
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
Real Estate
Billionaires warned New York would scare off business. Anthropic and Airbnb just made their biggest bets on the city yet
By Mia OsmonbekovJuly 10, 2026
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
Success
This summer’s hottest IPOs are minting a new class of ultra-high-net-worth ‘IPO Bros’—and family offices are changing how they approach them
By Catherina GioinoJuly 10, 2026
A row of people sit in a zoning meeting, many looking down or around the room.
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
Marketing’s new mandate: Why AI is forcing CMOs to think like ‘mini CEOs’ 
Europe
Marketing’s new mandate: Why AI is forcing CMOs to think like ‘mini CEOs’ 
By Sam ForsdickJuly 10, 2026
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
Newsletters
In 2026 so far, U.S. VCs have deployed a record-shattering $412.7 billion. Almost none of it is trickling down.
By Allie GarfinkleJuly 10, 2026
Brad Smith, president of Microsoft, during a Senate hearing in Washington, D.C. on May 8, 2025. (Photo: Nathan Howard/Bloomberg/Getty Images)
Newsletters
The problem with U.S. AI policy
By Andrew NuscaJuly 10, 2026
Werner Vogels, CTO, Amazon on stage.
AI
Companies are shifting toward cheaper open‑source AI models to rein in costs, Amazon CTO says
By Beatrice NolanJuly 10, 2026
Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump
Asia
Asia’s founders are decamping to the U.S. as the region suffers a protracted venture funding slump
By Angelica AngJuly 9, 2026
Microsoft’s emissions surged 25% in 2025 during data center boom
Environment
Microsoft’s emissions surged 25% in 2025 during data center boom
By Matt Day and BloombergJuly 9, 2026
Peter Cancro shakes oregano over an open sandwich.
Retail
Jersey Mike’s $12 billion IPO filing reveals a $50 million payday for the founder’s stepson and a $41 million jet
By Sasha RogelbergJuly 9, 2026
Meta releases latest update of AI model Muse Spark as tech giant accelerates AI push under Alexandr Wang
AI
Meta releases latest update of AI model Muse Spark as tech giant accelerates AI push under Alexandr Wang
By Ben WeissJuly 9, 2026
Amazon CTO Werner Vogels speaking on stage.
Newsletters
Amazon’s CTO on how developers can ride the AI-powered coding wave
By Beatrice NolanJuly 9, 2026
‘Sony essentially destroys its own defense’: How its disc-free PS5 plan triggered a $457M lawsuit and  undercut its antitrust defense
Law
‘Sony essentially destroys its own defense’: How its disc-free PS5 plan triggered a $457M lawsuit and  undercut its antitrust defense
By Mia OsmonbekovJuly 9, 2026
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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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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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