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Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

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Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161

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Microsoft CEO Satya Nadella says he doesn't see empathy as a soft skill: 'It’s the hardest skill we learn'

1

Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

2

Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161

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Microsoft CEO Satya Nadella says he doesn't see empathy as a soft skill: 'It’s the hardest skill we learn'
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Bessent becomes most interventionist Treasury chief in decades
Bessent becomes most interventionist Treasury chief in decades

Expanded bond buybacks and yen purchases mark an unusually activist approach, but widening deficits could limit its effectiveness

By Christopher Anstey, Jorgelina do Rosario, Michael Mackenzie, Greg Ritchie and BloombergAugust 20, 2026
sb
Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’
By Nick LichtenbergAugust 20, 2026
Gen Z forced to rewrite the American Dream in the ‘Great Postponement’: Fixer-uppers, side hustles and doing life out of order
Gen Z forced to rewrite the American Dream in the ‘Great Postponement’: Fixer-uppers, side hustles and doing life out of order
By Tatiana SatauaAugust 20, 2026
The U.S. cabinet faces some tough budgetary decisions.
As U.S. debt hits $40 trillion, Americans will foot the bill: $700 a month for retirees, and homebuyers could take a $53,000 hit, report finds
By Eleanor PringleAugust 20, 2026
Photo fo Walmart
Facing weary customers, Walmart will use its nearly $3 billion in tariff refunds to lower prices
By Mia OsmonbekovAugust 20, 2026
Billionaire biotech pioneer Robert Langer
Moderna co-founder is a billionaire once again at $1.7 billion—he once turned down 20 high-paying job offers to ‘have more of an impact on the world’
By Emma BurleighAugust 20, 2026
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Economy
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Exclusive: Venezuela, sick with hyperinflation, engages the ‘money doctor’ Steve Hanke for a dose of dollarization medicine

The Johns Hopkins professor has spent five decades traveling the world, fighting for the cause of sound money. He’s taking on his biggest dragon yet.

By Shawn TullyAugust 20, 2026
You are paying for your favorite college athlete now: ‘the next stage of the arms race’

Taxpayers are putting millions into athletic programs as schools face rising athlete payments, facility costs and an escalating spending race.

By David A. Lieb and The Associated PressAugust 20, 2026
Why the bond market is acting like it did before the Great Recession

The 30-year Treasury yield has climbed back above 5%, its 2007 level, as investors confront inflation, deficits and a surge in AI-related borrowing.

By Stan Choe, Christopher Rugaber and The Associated PressAugust 20, 2026
Walmart’s sales growth falls to 6-year low as Middle American shoppers go on strike

America’s largest retailer saw keeps winning customers making more than $100,000, though.

By Anne D'Innocenzio and The Associated PressAugust 20, 2026
More in Economy
Banking
More in Banking
company's initial public offering at the New York Stock Exchange on Sept. 10, 2025.
Klarna wants its next CFO in New York. That’s a signal to Wall Street

Niclas Neglén is stepping down as finance chief, and the company’s next CFO will need capital markets credibility, says a recruiting expert.

By Sheryl EstradaAugust 20, 2026
Treasury rushes into bond market as Fed minutes show many governors want to hike rates, not cut

As the Fed’s minutes point toward possible rate hikes, Treasury expanded long-bond buybacks after 10-year yields topped 4.7%.

By Christopher Rugaber and The Associated PressAugust 20, 2026
Today’s top high-yield savings rates: Up to 4.50% on Aug. 20, 2026

You can still find high-yield savings accounts offering rates around 5%… If you know where to look. Here’s our list of the highest savings account rates available today.

By Glen Luke FlanaganAugust 20, 2026
Top CD rates from major banks on August 20, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more

A deposit account at a bank you already recognize can be a safe way to earn interest on your money.

By Joseph HostetlerAugust 20, 2026
More in Banking
Personal Finance
More in Personal Finance
Current price of gold as of August 20, 2026
Current price of gold as of August 20, 2026

Trends in gold prices could indicate whether the asset can protect against inflation. Here’s a look at how the precious metal is doing today.

By Danny BakstAugust 20, 2026
‘Game-changer’ GLP-1s could fix America’s obesity crisis—but 2 inequalities stand in the way

Wells Fargo Industry Insights’ Robin Wenzel says the drugs are rewriting healthcare economics, but the math doesn’t “pencil out” too often.

By Nick LichtenbergAugust 20, 2026
Current price of oil as of August 20, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerAugust 20, 2026
Current price of silver as of Thursday, August 20, 2026

Silver is a (comparatively) safe and reliable asset that can help you to preserve the value of your money during times of inflation.

By Joseph HostetlerAugust 20, 2026
More in Personal Finance
Investing
More in Investing
Current price of Bitcoin for Aug. 20, 2026
Current price of Bitcoin for August 20, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

By Joseph HostetlerAugust 20, 2026
Current price of Ethereum for August 20, 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 20, 2026
Bond traders are testing Kevin Warsh: The Fed chair will heed—but not be ruled by—them, says an economist who spent years sitting next to him

“He wants the Fed to think in terms of the bigger picture … and people are finding that frustrating, but I think he’s been very, very clear.”

By Eleanor PringleAugust 19, 2026
Bitcoin posts surprise rally as currency nears $70,000 for the first time since June

The U.S. Treasury’s bond-buyback announcement helped send Bitcoin up nearly 6% with one analyst saying a broader recovery may be afoot.

By Camila Grigera NaónAugust 19, 2026
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Real Estate
More in Real Estate
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Target’s second straight comeback quarter boosted by nearly $1 billion Trump tariff refund

Shoppers returned and sales rose 3.8%, but the government’s tariff refund supplied $1.65 of Target’s $4.11 in quarterly earnings.

By Anne D'Innocenzio and The Associated PressAugust 20, 2026
‘Capital alone no longer clears a site’: Morgan Stanley says data centers’ big money era is over

Political backlash must now be “underwritten like land, power or labor,” the investment bank said.

By Nick LichtenbergAugust 20, 2026
Current ARM mortgage rates report for Aug. 20, 2026

Some homeowners might benefit from an adjustable-rate mortgage over the more common fixed-rate loans. Here’s what to know.

By Glen Luke FlanaganAugust 20, 2026
Today’s home equity loan and HELOC rates, August 20, 2026

By staying on top of home equity loan and HELOC interest rates, you’ll recognize when it’s a good time to apply for these comparatively cheap borrowing options.

By Joseph HostetlerAugust 20, 2026
More in Real Estate
Energy
More in Energy
The great climate change Champagne race, as grape ripening shrinks from 100 to 80 days: ‘We’ve never seen anything like it’
The great climate change Champagne race, as grape ripening shrinks from 100 to 80 days: ‘We’ve never seen anything like it’

Extreme heat and drought have triggered Champagne’s earliest harvest on record, forcing growers to race to preserve the wine’s quality.

By Sylvie Corbet, Nicolas Garriga and The Associated PressAugust 20, 2026
AI is becoming a financial engineering business

As large language models become more interchangeable, balance sheets will matter as much as tech breakthroughs in the AI race. 

By Amit JoshiAugust 20, 2026
Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’

Smaller, private U.S. oil producers are beginning to ink deals in Venezuela as the dilapidated energy industry evolves.

By Jordan BlumAugust 20, 2026
Climate change to cost London up to £36 billion a year by 2050s

Lost working hours, disruption to businesses and damage to infrastructure caused by extreme weather in a warmer climate are likely to reduce the capital’s GDP over the coming decades.

By Olivia Rudgard and BloombergAugust 20, 2026
More in Energy
Crypto
More in Crypto
How the UAE has emerged as a ‘leading light’ for tokenization  
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
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
Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI’s Sam Altman once said he ‘doesn’t care’ what others think

As Joshua Kushner and Bob Iger close in on a record $12.5 billion Lakers deal, OpenAI CEO Sam Altman once said Kushner makes ‘high-conviction bets’.

By Orianna Rosa RoyleAugust 14, 2026
‘The great quantum migration’ is coming as more than $2 trillion in digital assets is at risk—nearly the entire value of the overall crypto market

According to Quantus CEO Christoper Smith, digital assets are secured by elliptic-curve cryptography that is vulnerable to quantum computing.

By Joshua HongAugust 15, 2026
More in Crypto
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Sam Altman walking.
Newsletters
The AI industry is getting better at spotting dangerous behavior. It is less clear that labs know how to stop it.
By Beatrice NolanAugust 20, 2026
Photo of Bill Ackman
C-Suite
Bill Ackman’s $400 million brain institute was inspired by his daughter—and built outside elite universities, which he says are losing talent
By Mia OsmonbekovAugust 20, 2026
What a decade as president of the WNBA players’ union taught Nneka Ogwumike about leadership
Newsletters
What a decade as president of the WNBA players’ union taught Nneka Ogwumike about leadership
By Emma HinchliffeAugust 20, 2026
Happy male gamer celebrating while playing on a dark room
Success
One U.S. Army unit is offering 4-days off to play Grand Theft Auto—but there’s a catch: they’ll have to reenlist if they take the day off to play
By Preston ForeAugust 20, 2026
Nneka Ogwumike’s WNBA legacy isn’t just her 11 All-Star nods. It’s a 364% pay raise for the players
MPW
Nneka Ogwumike’s WNBA legacy isn’t just her 11 All-Star nods. It’s a 364% pay raise for the players
By Emma HinchliffeAugust 20, 2026
Democratic U.S. Senate candidate, Florida state Rep. Angie Nixon participates in a worship service during a visit to the Ebenezer Missionary Baptist Church.
Politics
Another Democratic primary, another shocking DSA upset as Angie Nixon adds to moderates’ heartburn over seemingly unstoppable wave
By The Associated Press and Matt BrownAugust 20, 2026
Your next oil change is becoming a bigger part of car dealers’ business as profits cool and service departments make up the difference
Retail
Your next oil change is becoming a bigger part of car dealers’ business as profits cool and service departments make up the difference
By Marco Quiroz-GutierrezAugust 20, 2026
Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
Politics
Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
By Bill Barrow, Steven Sloan and The Associated PressAugust 20, 2026
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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’
By Nick LichtenbergAugust 19, 2026
  • Photo of Chris Wright speaking at a podium
    Energy
    U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil
    By Sasha RogelbergAugust 17, 2026
Nelson Peltz might take Wendy’s private following six straight quarterly sales declines as customers flee its poor franchise models and bad marketing
Big Tech
Nelson Peltz might take Wendy’s private following six straight quarterly sales declines as customers flee its poor franchise models and bad marketing
By Tatiana SatauaAugust 19, 2026
Xi Jinping, standing next to Donald Trump, points to his left.
Asia
Strait of Hormuz chaos has incentivized China to use an alternative trade route: a 3,400 mile frozen Arctic channel dubbed the ‘Ice Silk Road’
By Sasha RogelbergAugust 19, 2026
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
Commentary
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
By John A. QuelchAugust 18, 2026
Guide to mortgage preapproval
Personal Finance
Guide to mortgage preapproval
By Joseph HostetlerAugust 18, 2026
The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym
Health
The Best Labor Day Treadmill Sales of 2026: Save on Top Treadmills for Your Home Gym
By Christina SnyderAugust 18, 2026
  • Photo of Jamie Dimon
    Banking
    The ‘Jamie premium’ nears $1 trillion as JP Morgan flirts with historic market valuation
    By Mia OsmonbekovAugust 17, 2026
A sign on a bus stop displays the national debt on June 12, 2026, in Washington, D.C.
Personal Finance
With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
By Joshua HongAugust 18, 2026
Photo of Sergey Brin at Met Gala
Startups & Venture
Meet the venture capital and crypto billionaires quietly bankrolling the fight against California’s wealth tax
By Mia OsmonbekovAugust 18, 2026
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
Retail
Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
By The Associated Press and Michelle ChapmanAugust 18, 2026
Data center gas plants to boost U.S. power emissions by 20%
Energy
Data center gas plants to boost U.S. power emissions by 20%
By Matt Day, Mark Chediak and BloombergAugust 18, 2026
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
Economy
Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
By The Associated Press and Ali SwensonAugust 18, 2026
  • Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet
    Middle East
    Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet
    By Jason MaAugust 17, 2026
Current price of gold as of August 18, 2026
Personal Finance
Current price of gold as of August 18, 2026
By Danny BakstAugust 18, 2026
The most important AI habit I have is making one phone call a day
Commentary
The most important AI habit I have is making one phone call a day
By Maria ColacurcioAugust 18, 2026
m
Economy
Financial adulthood has moved to the 30s: ‘the decade when people come to terms with where they are in life’
By Nick LichtenbergAugust 18, 2026
Current price of Ethereum for Aug. 18, 2026
Personal Finance
Current price of Ethereum for August 18, 2026
By Joseph HostetlerAugust 18, 2026
Current price of Bitcoin for Aug. 18, 2026
Personal Finance
Current price of Bitcoin for August 18, 2026
By Joseph HostetlerAugust 18, 2026
Current price of oil as of Aug. 18, 2026
Personal Finance
Current price of oil as of August 18, 2026
By Joseph HostetlerAugust 18, 2026
Current price of silver as of Tuesday, Aug. 18, 2026
Personal Finance
Current price of silver as of Tuesday, August 18, 2026
By Joseph HostetlerAugust 18, 2026
Top CD rates from major banks Aug. 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 18, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 18, 2026
Top CD rates, Aug. 18, 2026: Lock in up to up to 4.50%
Personal Finance
Top CD rates, Aug. 18, 2026: Lock in up to up to 4.50%
By Glen Luke FlanaganAugust 18, 2026
The top high-yield savings rates: Up to 4.50% on Aug. 18, 2026
Personal Finance
The top high-yield savings rates: Up to 4.50% on Aug. 18, 2026
By Glen Luke FlanaganAugust 18, 2026
BANDAR ABBAS, IRAN - A person wades in the water as ships are seen anchored in the Strait of Hormuz on Aug. 10, 2026 off the coast of Bandar Abbas, Iran. In a recent statement, Iran's Supreme National Security Council said the vital waterway would not reopen until the United States corrects its behavior, demanding that the U.S. end its war on Iran and compensate the country for war damage, among other conditions. Iran has largely halted vessel traffic through the strait with the threat of strikes; meanwhile, the U.S. has imposed a blockade on Iranian ports.
Energy
The Iran war may kill the ‘freedom of seas’ worldwide and everyone would pay the price
By Jordan BlumAugust 18, 2026
Photo of Palmer Luckey
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 dead
By Orianna Rosa RoyleAugust 18, 2026
Mortgage rates, Aug. 18, 2026
Personal Finance
Mortgage rates, Aug. 18, 2026
By Glen Luke FlanaganAugust 18, 2026
Current refi mortgage rates report for Aug. 18, 2026
Personal Finance
Current refi mortgage rates report for Aug. 18, 2026
By Glen Luke FlanaganAugust 18, 2026
Current ARM mortgage rates report for Aug. 18, 2026
Personal Finance
Current ARM mortgage rates report for Aug. 18, 2026
By Glen Luke FlanaganAugust 18, 2026
Home equity loan and HELOC rates: Aug. 18, 2026
Personal Finance
Home equity loan and HELOC rates, August 18, 2026
By Joseph HostetlerAugust 18, 2026
Photo of Chris Larsen
Politics
California’s billionaires just poured $40 million into blocking a wealth tax that threatens to force them to pay 5% of their net worth
By Marco Quiroz-GutierrezAugust 18, 2026
57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents
Politics
57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents
By The Associated Press and Thomas BeaumontAugust 17, 2026
U.S. businessman Mark Cuban
Economy
‘Only idiot startup founders stay in Cali’: Mark Cuban rips billionaire tax—and opens a rift inside the Democratic Party
By Joshua HongAugust 17, 2026
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Energy
Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’placeholder alt text
By Jordan BlumAugust 20, 2026
Success
Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161placeholder alt text
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Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across techplaceholder alt text
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