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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 82 of 100

Video game screen

A gaming CEO asked ChatGPT how to avoid paying a $250 million bonus. It didn’t work

By Catherina GioinoMarch 17, 2026

Newsletters
Inside the Gen Z Shark Tank where influencers are becoming venture investors
By Leo SchwartzMarch 16, 2026

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

jensen huang

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

Picture of a man in a blue suit jacket and blue shirt sitting at a table consulting with two people partly visible in the foreground.

AI was supposed to kill off consultants. It’s not happening, Capgemini’s strategy chief says

By Jeremy KahnMarch 17, 2026

Bill Gurley sits onstage with his arms resting on his knees.

Benchmark’s Bill Gurley: the AI bubble is about to burst—and a reset is coming

By Sasha RogelbergMarch 17, 2026

Nvidia just forecast $1 trillion in AI demand. So why isn’t Jensen Huang a target of AI backlash?

Nvidia just forecast $1 trillion in AI demand. So why isn’t Jensen Huang a target of AI backlash?

By Sharon GoldmanMarch 17, 2026

Newsletters
Meta layoffs could send shockwaves far beyond Silicon Valley
By Alexei OreskovicMarch 16, 2026

Hinge is growing while online dating competitors are struggling. Its new CEO explains why

Hinge is growing while online dating competitors are struggling. Its new CEO explains why

By Ellie AustinMarch 17, 2026

Young sad college graduates

ServiceNow CEO says that new college graduate unemployment could reach 30% thanks to AI automation

By Emma BurleighMarch 17, 2026

Young female college student smiling while doing homework

Liberal arts degrees have long paid the worst salaries—but Microsoft chief scientist says in the age of AI, they will be ‘really important’ for Gen Z

By Preston ForeMarch 17, 2026

How Seismic’s AI incubation team became its ultimate AI strategy

How Seismic’s AI incubation team became its ultimate AI strategy

By Sage LazzaroMarch 17, 2026

How to decide if gen AI is the right path for your product

How to decide if gen AI is the right path for your product

By Sage LazzaroMarch 17, 2026

Commentary
From foundations to fluency: why upskilling is the key to Europe’s AI future
By Debbie WeinsteinMarch 16, 2026

Why Pinterest is going all in on open-source AI

Why Pinterest is going all in on open-source AI

By Sage LazzaroMarch 17, 2026

Inside Bank of America’s ‘build once’ AI strategy

Inside Bank of America’s ‘build once’ AI strategy

By Sage LazzaroMarch 17, 2026

How cutting out product management enabled Kilo to compete in the hyper-fast AI coding market

How cutting out product management enabled Kilo to compete in the hyper-fast AI coding market

By Sage LazzaroMarch 17, 2026

Mastercard to acquire crypto startup BVNK for up to $1.8 billion in largest stablecoin deal to date

Mastercard to acquire crypto startup BVNK for up to $1.8 billion in largest stablecoin deal to date

By Ben WeissMarch 17, 2026

matrix style green screen of text behind a physical deadbolt

Your Instagram DMs are no longer encrypted: Meta is reversing course on privacy and removing end-to-end encryption from Instagra

By Catherina GioinoMarch 17, 2026

amazon

Amazon goes from free fast delivery to $14.99 within the hour

By Anne D'Innocenzio and The Associated PressMarch 17, 2026

The Google-backed AI investors nobody took seriously in 2017 just raised $220 million

The Google-backed AI investors nobody took seriously in 2017 just raised $220 million

By Allie GarfinkleMarch 17, 2026

The day tech stood still to watch the Jensen Huang show

The day tech stood still to watch the Jensen Huang show

By Alexei OreskovicMarch 17, 2026

jeff

AI is making productivity obsolete. The leaders who thrive next will have something machines can’t touch

By Jeff BurninghamMarch 17, 2026

Companies are pouring billions into AI and cutting training budgets. It’s a losing strategy

By Wendi SafstromMarch 17, 2026

Photo of Andrej Karpathy giving a talk.

‘The Karpathy Loop’: Former OpenAI researcher’s autonomous agents ran 700 experiments in 2 days—and gave a glimpse of where AI is heading

By Jeremy KahnMarch 17, 2026

robot dogs

Robot dogs priced at $300,000 a piece are now guarding some of the country’s biggest data centers

By Jake AngeloMarch 17, 2026

Man with gray hair and glasses

Boards protected CEO bonuses as tariffs threatened business. Now, as Iran disrupts trade, CEOs may get more protection

By Amanda GerutMarch 17, 2026

U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up

U.S. debt is competing with a record supply of corporate bonds, pushing up the cost of federal borrowing just as war spending piles up

By Jason MaMarch 16, 2026

Palantir co-founder Peter Thiel

Peter Thiel brings his Antichrist lectures to Rome — and Italian politicians are calling his ideas ‘scandalous’

By Tristan BoveMarch 16, 2026

Elon Musk admits xAI ‘wasn’t built right’ as only 2 co-founders remain and its biggest AI bet stalls out

Elon Musk admits xAI ‘wasn’t built right’ as only 2 co-founders remain and its biggest AI bet stalls out

By Marco Quiroz-GutierrezMarch 16, 2026

bessent

Scott Bessent just defined market panic—and accidentally diagnosed the biggest problem with AI

By Nick LichtenbergMarch 16, 2026

AI is reviving tech sectors that VCs had all but forgotten

AI is reviving tech sectors that VCs had all but forgotten

By Lily Mae LazarusMarch 16, 2026

Young worker fixing parts of a car

Despite fears of drivers losing their jobs to robotaxis, Waymo’s boss says the company will still need humans to fill technician and operator roles

By Emma BurleighMarch 16, 2026

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Most Popular

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'

placeholder alt text

By Nick LichtenbergAugust 19, 2026

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