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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'

Tech

Tech

Startups & Venture

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

More in Big Tech

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

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 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

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

Latest stories from Fortune

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 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

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

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

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

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 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

More TechPage 22 of 100

Fed’s Williams says AI is now his main inflation concern

Fed’s Williams says AI is now his main inflation concern

By Maria Eloisa Capurro and BloombergJuly 9, 2026

AI
AI’s productivity gains are years away, but if it doesn’t deliver, it could make unsustainable debt levels even worse, Deutsche Bank economist says
By Sasha RogelbergJuly 8, 2026

Altman says OpenAI made ‘many changes’ during talks with U.S.

Altman says OpenAI made ‘many changes’ during talks with U.S.

By Lorelei Smillie and BloombergJuly 9, 2026

Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert

Companies still don’t know how to incorporate AI in a holistic way, says Wharton expert

By Sheryl EstradaJuly 9, 2026

The crypto startup trying to put a barrel of oil on blockchain

The crypto startup trying to put a barrel of oil on blockchain

By Mia Gindis, Sidhartha Shukla and BloombergJuly 9, 2026

Starbucks taps AI to cut reliance on Microsoft, IBM software

Starbucks taps AI to cut reliance on Microsoft, IBM software

By Daniela Sirtori, Brody Ford and BloombergJuly 9, 2026

Brendan Foody smiles on stage sitting in a chair.

AI unicorn Mercor acquires Deeptune after founder Brendan Foody backed the startup

By Lily Mae LazarusJuly 9, 2026

Politics
Presidents aren’t supposed to pick winners, former White House ethics lawyer says. Trump keeps choosing Dell
By Mia OsmonbekovJuly 7, 2026

My Microsoft exit with no business plan led to a $40 billion internet company—and a debate over risk vs. timing

By Naveen JainJuly 9, 2026

DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings

DeFi veteran Gauntlet raises $125 million from Japanese financial giant SBI Holdings

By Ben WeissJuly 9, 2026

Christina Qi smiles in front of a bookshelf

Startups & Venture

Christina Qi left behind a hedge fund trading $7 billion a day for a farm in Utah. Her new startup just raised $97 million to rival Bloomberg

By Lily Mae LazarusJuly 9, 2026

Blue Origin's New Glenn-3 launches AST SpaceMobile's BlueBird satellite from Cape Canaveral, Florida, on April 19, 2026. (Photo: Mauricio Paiz/NurPhoto/Getty Images)

Blue Origin is reportedly fundraising at a $130 billion valuation

By Andrew NuscaJuly 9, 2026

750 million fans and 2.7 million data points: How IBM’s AI powers Wimbledon from hidden ‘Court 19’

750 million fans and 2.7 million data points: How IBM’s AI powers Wimbledon from hidden ‘Court 19’

By Sam BirchallJuly 9, 2026

Newsletters
Palantir CEO Alex Karp is wrong about the threat Anthropic and OpenAI pose to most enterprises. That doesn’t mean he doesn’t have something to lose
By Jeremy KahnJuly 7, 2026

Microsoft President Brad Smith sitting.

Microsoft’s Brad Smith on Washington’s AI policy: ‘Regulation without transparent or complete rules’

By Beatrice NolanJuly 9, 2026

Elon Musk and President Donald Trump seated

Elon Musk’s judge has ‘significant misgivings’ about $1.5 million Twitter settlement—but approves it anyway

By Amanda GerutJuly 9, 2026

a man having chair still by the window in the office

Labor force participation falls to 61.5%, the lowest in 50 years outside COVID, and economists say it’s not just people giving up

By Catherina GioinoJuly 8, 2026

Man in collared shirt and jacket

Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom

By Amanda GerutJuly 8, 2026

Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters

Bezos’ Blue Origin is raising outside capital for the first time to compete for NASA contracts as rival SpaceX’s stock falters

By Mia OsmonbekovJuly 8, 2026

Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it

Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it

By Marco Quiroz-GutierrezJuly 8, 2026

How Qualcomm’s CIO is placing big bets on AI to support the chip company’s diversification push

By John KellJuly 8, 2026

Jonathan Bensamoun (right) sits on a stool next to his German Shepherd

Exclusive: Fi is bringing Starlink satellite technology to dog collars

By Lily Mae LazarusJuly 8, 2026

The billionaires’ ‘summer camp’ that media moguls built is now run by the tech titans trying to replace them

The billionaires’ ‘summer camp’ that media moguls built is now run by the tech titans trying to replace them

By Sydney LakeJuly 8, 2026

Palmer Luckey wearing a lime green shirt with his hands up gesturing

Anduril’s billionaire founder warns U.S. colleges are falling behind China—where students are learning AI. And it’s already ‘hollowed out’ companies

By Preston ForeJuly 8, 2026

Rilla CEO Sebastian Jimenez

This CEO pays $1.7 million a year so employees can live in one of America’s most expensive neighborhoods

By Emma BurleighJuly 8, 2026

Chinese companies are ditching Nvidia’s advanced accelerators for domestic AI suppliers

Chinese companies are ditching Nvidia’s advanced accelerators for domestic AI suppliers

By Bloomberg and Gao YuanJuly 8, 2026

Current price of Ethereum for July 8, 2026

Personal Finance

Current price of Ethereum for July 8, 2026

By Joseph HostetlerJuly 8, 2026

Jeremy Grantham, co-founder and chief investment strategist of GMO LLC, during an interview on an episode of Bloomberg Wealth with David Rubenstein in Boston, Massachusetts, US, on Thursday, Aug. 17, 2023.

Famed investor Jeremy Grantham says history will end up laughing at SpaceX, the ‘craziest IPO in the history of man’ that just joined the Nasdaq 100

By Eleanor PringleJuly 8, 2026

Meta chief AI officer Alexandr Wang

The 38-point framework two VCs use to spot the next unicorn founder

By Allie GarfinkleJuly 8, 2026

U.S. President Donald Trump and Chinese President Xi Jinping on May 15, 2026 in Beijing, China. (Photo: Evan Vucci-Pool/Getty Images)

China mulls limiting foreign access to advanced AI models

By Andrew NuscaJuly 8, 2026

Multiple Nomagic robots working side by side, automating the packing of customer orders in e-commerce fulfillment.

Nomagic’s new AI lab headed by former Google DeepMind researcher claims success in early deployment of ‘AI brain’ for warehouse robots

By Jeremy KahnJuly 8, 2026

Asia’s super-aging societies are sparking a boom in high-end longevity clinics—even if ‘public enthusiasm’ is outpacing the science

Asia’s super-aging societies are sparking a boom in high-end longevity clinics—even if ‘public enthusiasm’ is outpacing the science

By Angelica AngJuly 8, 2026

Fleek cofounders Sanket Agarwal and Abhi Arora pictured reclining on a pile of vintage clothing.

Startups & Venture

Exclusive: Fleek, an online marketplace connecting vintage clothing wholesalers and retailers, raises $25 million in new funding

By Jeremy KahnJuly 8, 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

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By Orianna Rosa RoyleAugust 18, 2026

Personal Finance

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

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By Joshua HongAugust 18, 2026

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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By Nick LichtenbergAugust 19, 2026

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