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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

2

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
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
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
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Photo: Donald Trump
Politics
Global selloff in stocks as oil hits $115 and Trump admits he ‘knew nothing’ about Israel attack on major Iran gas field
By Jim EdwardsMarch 19, 2026
  • Video game screen
    Law
    A gaming CEO asked ChatGPT how to avoid paying a $250 million bonus. It didn’t work
    By Catherina GioinoMarch 17, 2026
bakker
Commentary
The $3.4 billion lesson Big Pharma needs to learn: its shelved drugs could save millions of patients
By Annette Bakker and Andrew W. LoMarch 19, 2026
ferrazzi
Commentary
From pilot mania to portfolio discipline: how the best companies are escaping AI purgatory
By Keith Ferrazzi, Wendy Smith and Dan RobertsMarch 19, 2026
Employees at Posh smile for a photo
Newsletters
Exclusive: Posh lands $37M Series B to crack the ‘what are we doing tonight?’ problem
By Lily Mae LazarusMarch 19, 2026
There’s an essential AI chip that isn’t made by Nvidia—and Micron just tripled its revenue because of it
Newsletters
There’s an essential AI chip that isn’t made by Nvidia—and Micron just tripled its revenue because of it
By Alexei OreskovicMarch 19, 2026
jensen huang
AI
Jensen Huang just painted the most bold image of AI’s future: 7.5 million agents, 75,000 humans—100 AI workers for every person
By Jake AngeloMarch 19, 2026
  • Double exposure photograph of a portrait of Mark Zuckerberg and a telephone displaying the Meta group s artificial intelligence logo at Kerlouan in Brittany in France on April 11 2025. (Photo by Vincent Feuray / Hans Lucas / Hans Lucas via AFP) (Photo by VINCENT FEURAY/Hans Lucas/AFP via Getty Images)
    AI
    Mark Zuckerberg is poised to finish what Jack Dorsey started: a ‘cascade’ of AI-related layoffs across the tech sector, top tech analyst says
    By Eva RoytburgMarch 17, 2026
Fortune 500 firm updates AI price tag to $4.5 trillion, estimating 93% of jobs vulnerable to disruption
AI
Fortune 500 firm updates AI price tag to $4.5 trillion, estimating 93% of jobs vulnerable to disruption
By Jake AngeloMarch 19, 2026
woman holds phone in times square
Cybersecurity
Pokémon Go players built a 30-billion-photo map that’s now training robots to deliver your pizza
By Catherina GioinoMarch 19, 2026
iran
Cybersecurity
Every Fortune 500 CEO’s nightmare: the Iran war and the Pandora’s Box of AI cyber warfare
By Nick LichtenbergMarch 18, 2026
Female sculptor using a digital tablet in her art studio
Economy
Goldman Sachs says small businesses are embracing AI, but fewer than 1 in 5 are good at actually integrating it
By Tristan BoveMarch 18, 2026
boy holding phone in front of his face
Politics
Social media companies are scrambling to verify minors online. Congress just made it a lot more complicated
By Catherina GioinoMarch 18, 2026
  • jensen huang
    AI
    Nvidia’s Jensen Huang thinks $1 trillion won’t be enough to meet AI demand—and he’s paying engineers in AI tokens worth half their salary to prove it
    By Jake AngeloMarch 17, 2026
Alan Bergman, Josh D'Amaro and Dana Walden pose
C-Suite
Today’s Bob Iger’s last day leading Disney. Here’s what comes next at the company worth $176 billion
By Jacqueline MunisMarch 18, 2026
How Lumen Technologies is using AI to help cut $1 billion in network costs
Newsletters
How Lumen Technologies is using AI to help cut $1 billion in network costs
By John KellMarch 18, 2026
Woman in blue in front of the American flag
Politics
AI and Crypto spent nearly $20 million to reshape Illinois’s Democratic primaries. They mostly lost
By The Associated Press and Matt BrownMarch 18, 2026
power grids at dusk
Energy
‘A bend in the trajectory’: U.S. data center development has hit snags because the power grid is approaching its limits to support them 
By Jacqueline MunisMarch 18, 2026
Software engineer sat at a desk looking at a screen.
AI
An AI agent destroyed this coder’s entire database. He’s not the only one with a horror story
By Beatrice NolanMarch 18, 2026
posey
Commentary
I run the world’s largest employee mental health company. Leaders are treating AI adoption as a tech problem. It’s not
By Paul PoseyMarch 18, 2026
schlossberg
Commentary
Jack Schlossberg has a warning for America’s CEOs: you’re living in my ‘world’ now
By Jack SchlossbergMarch 18, 2026
dictionary next to smartphone
Law
The dictionaries are suing OpenAI for ‘massive’ copyright infringement, and say ChatGPT is starving publishers of revenue
By Jake AngeloMarch 18, 2026
BlackRock CEO Larry Fink
Success
BlackRock CEO Larry Fink warns AI is creating a ‘crisis’ for Gen Z workers: the class of 2026 could face the highest unemployment in years—even without a recession
By Preston ForeMarch 18, 2026
dewar
Commentary
The AI reset is here — and every industry should be worried
By Carolyn DewarMarch 18, 2026
man photographed in front of polymarket sign
Crypto
Exclusive: Polymarket acquires the startup Brahma, in effort to scale its crypto and DeFi infrastructure
By Carlos GarciaMarch 18, 2026
Current price of Ethereum for March 18, 2026
Personal Finance
Current price of Ethereum for March 18, 2026
By Joseph HostetlerMarch 18, 2026
A technician in Germany works on a battery system for a Volkswagen electric vehicle.
Economy
The world’s EVs were already replacing 70% of Iran’s oil exports. The war just made that matter
By Tristan BoveMarch 18, 2026
A still from Coinbase's ad.
Crypto
Coinbase’s Oscars ad says you’re an NPC trapped in someone else’s financial system–and crypto is ‘Your Way Out’
By Eva RoytburgMarch 18, 2026
Stripe-backed crypto startup Tempo releases AI payments protocol, launches blockchain
Crypto
Stripe-backed crypto startup Tempo releases AI payments protocol, launches blockchain
By Ben WeissMarch 18, 2026
PHOTO: DONALD TRUMP
Big Tech
As Trump rages against his allies, Republicans are asking what the plan is to end the chaos in Iran
By Jim EdwardsMarch 18, 2026
jensen huang
Newsletters
From robotics to AI agents, Jensen Huang’s GTC keynote was full of signals that startups can’t afford to ignore
By Allie GarfinkleMarch 18, 2026
Microsoft’s Satya Nadella bet big on OpenAI and Copilot, now he’s reshuffling the AI deck
Newsletters
Microsoft’s Satya Nadella bet big on OpenAI and Copilot, now he’s reshuffling the AI deck
By Alexei OreskovicMarch 18, 2026
RunSybil CEO and cofounder Ari Herbert-Voss
Cybersecurity
Exclusive: AI cybersecurity startup RunSybil, founded by OpenAI’s first security hire, raises $40 million led by Khosla Ventures
By Sharon GoldmanMarch 18, 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
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