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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
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
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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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Inside the Gen Z Shark Tank where influencers are becoming venture investors
Newsletters
Inside the Gen Z Shark Tank where influencers are becoming venture investors
By Leo SchwartzMarch 16, 2026
  • Texas Gov. Greg Abbott and Google CEO Sundar Pichai speak at a press conference in front of a Google data center.
    Energy
    Google and Tesla know electricity is expensive. They’re teaming up to bring you an alternative.
    By Jacqueline MunisMarch 12, 2026
Meta layoffs could send shockwaves far beyond Silicon Valley
Newsletters
Meta layoffs could send shockwaves far beyond Silicon Valley
By Alexei OreskovicMarch 16, 2026
debbie
Commentary
From foundations to fluency: why upskilling is the key to Europe’s AI future
By Debbie WeinsteinMarch 16, 2026
An OpenAI cofounder ‘vibe coded’ an analysis of the U.S. labor market’s exposure to AI, and the highest-paying jobs have the worst scores
AI
An OpenAI cofounder ‘vibe coded’ an analysis of the U.S. labor market’s exposure to AI, and the highest-paying jobs have the worst scores
By Jason MaMarch 15, 2026
An Australian tech entrepreneur used AI to help create the first-ever bespoke cancer vaccine for a dog to treat his beloved pet Rosie
AI
An Australian tech entrepreneur used AI to help create the first-ever bespoke cancer vaccine for a dog to treat his beloved pet Rosie
By Jason MaMarch 15, 2026
chepovoi
Commentary
75% of resumes never reach a human: the new rules of job searching in the AI era
By Alex ChepovoiMarch 15, 2026
  • Close up shot of Modern IT crime: a hacker uses spyware to leak confidential data, posing a serious threat to network security.
    AI
    Amazon puts humans further back in the loop as its retail website crashes from ‘inaccurate advice’ that an AI agent took from an old wiki
    By Eva RoytburgMarch 12, 2026
‘Raise a lobster’: How OpenClaw is the latest craze transforming China’s AI sector
Asia
‘Raise a lobster’: How OpenClaw is the latest craze transforming China’s AI sector
By Nicholas GordonMarch 14, 2026
Travis Kalanick sees benefits of being in stealth mode for 8 years. ‘You build a culture of people that want to build and do not need to be famous’
Big Tech
Travis Kalanick sees benefits of being in stealth mode for 8 years. ‘You build a culture of people that want to build and do not need to be famous’
By Jason MaMarch 14, 2026
vivek
Commentary
The U.S. is winning the AI chatbot war — and losing the one that actually matters
By Vivek RanadiveMarch 14, 2026
dimitris
Commentary
We need a new Turing test — and Moltbook just proved it
By Dimitris TsementzisMarch 14, 2026
pahnke
Commentary
The 2026 farm bill quietly hands big tech control over American farmland. Here’s the fine print
By Anthony PahnkeMarch 14, 2026
  • Google’s AI overviews are 44% more likely to trash your brand than ChatGPT
    AI
    Google’s AI overviews are 44% more likely to trash your brand than ChatGPT
    By Marco Quiroz-GutierrezMarch 12, 2026
Meta’s new AI team has 50 engineers per boss. What could go wrong?
C-Suite
Meta’s new AI team has 50 engineers per boss. What could go wrong?
By Claire ZillmanMarch 14, 2026
Palantir CEO Alex Karp says there was ‘never a sense’ AI products would be used for domestic surveillance in Anthropic-DoD feud
AI
Palantir CEO Alex Karp says there was ‘never a sense’ AI products would be used for domestic surveillance in Anthropic-DoD feud
By Jessica MathewsMarch 13, 2026
andrew yang
AI
Ex-presidential candidate Andrew Yang says it’s time to ‘stop taxing labor’ and make AI foot the bill instead
By Jake AngeloMarch 13, 2026
BlackRock’s Larry Fink predicts AI bankruptcies: ‘That’s capitalism’
Big Tech
BlackRock’s Larry Fink predicts AI bankruptcies: ‘That’s capitalism’
By Marco Quiroz-GutierrezMarch 13, 2026
Stressed worker on laptop
Success
AI promised supreme productivity, but it’s actually straining workloads for employees—time spent emailing has doubled, and focused work sessions fell by 9%
By Emma BurleighMarch 13, 2026
robots
Innovation
More people will own a humanoid robot than a car by 2060, BofA predicts
By Nick LichtenbergMarch 13, 2026
shetti
Commentary
Why right now is the best time ever to work in software
By Milan ShettiMarch 13, 2026
Meet the executive behind AT&T’s $250 billion bid to become essential AI infrastructure
C-Suite
Meet the executive behind AT&T’s $250 billion bid to become essential AI infrastructure
By Ruth UmohMarch 13, 2026
CEOs are mandating that employees use AI. They’re hardly using it themselves
C-Suite
CEOs are mandating that employees use AI. They’re hardly using it themselves
By Claire ZillmanMarch 13, 2026
Vinod Khosla sits on a blue chair
Newsletters
OpenAI’s original VC bet: How Vinod Khosla stepped in after Elon Musk balked
By Lily Mae LazarusMarch 13, 2026
After spending $14 billion to build an AI super team, will Mark Zuckerberg ask Google for Gemini?
Newsletters
After spending $14 billion to build an AI super team, will Mark Zuckerberg ask Google for Gemini?
By Alexei OreskovicMarch 13, 2026
Europe’s second chance on AI: building an opportunity in factories, labs, and the real economy
Commentary
Europe’s second chance on AI: building an opportunity in factories, labs, and the real economy
By François Candelon, Theodoros Evgeniou and Thomas RamgeMarch 13, 2026
ELON
AI
Morgan Stanley warns an AI breakthrough Is coming in 2026 — and most of the world isn’t ready
By Nick LichtenbergMarch 13, 2026
Microsoft Corp. signage at the Nasdaq MarketSite in New York, US, on Wednesday, Dec. 24, 2025. A relatively quiet session on Wall Street before Christmas saw stocks hitting all-time highs, with more signs the jobs market is not quickly deteriorating supporting bets on a soft economic landing. Photographer: Michael Nagle/Bloomberg via Getty Images
Investing
Microsoft’s IPO turns 40 today. If you invested $1,000 in Microsoft in 1986, you’d have $5.5 million today
By Catherina GioinoMarch 13, 2026
Vinod Khosla
Success
Billionaire Vinod Khosla says ‘follow your passion’ is bad career advice for kids today—but could be the best in 15 years
By Preston ForeMarch 13, 2026
The Oscars make it clear: Hollywood is in a death spiral
Magazine
The Oscars make it clear: Hollywood is in a death spiral
By Geoff ColvinMarch 13, 2026
AI
AI
Morgan Stanley sees AI jobs surge in 3 areas related to AI—even though there’s not enough revenue yet
By Nick LichtenbergMarch 13, 2026
Julie Sweet, in front of a navy blue background, points with one hand.
Future of Work
‘If you want to get promoted, you’ve got to do the things that we do’: Accenture CEO says failure to use AI will cost workers a promotion—or their job
By Sasha RogelbergMarch 13, 2026
Adobe CEO Shantanu Narayen is stepping down after 18 years—as pressure on the company mounts to deliver on AI
C-Suite
Adobe CEO Shantanu Narayen is stepping down after 18 years—as pressure on the company mounts to deliver on AI
By Sheryl EstradaMarch 12, 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
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With the national debt nearing $40 trillion, Bank of America has a warning for bond investorsplaceholder alt text
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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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