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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

3

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 tech

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

3

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 tech
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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
More in Economy
h
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
More in Investing
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
Latest stories from Fortune
Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
Asia
Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
By Nicholas GordonAugust 20, 2026
The Best Face Sunscreens in 2026: SPF Options for Everyday Wear
Health
The Best Face Sunscreens in 2026: SPF Options for Everyday Wear
By Emily PharesAugust 20, 2026
seated man speaks into microphone
Big Tech
Supermicro investigation clears CEO in alleged $2.5 billion smuggling scheme while a criminal trial involving a cofounder is set for next year
By Amanda GerutAugust 20, 2026
Scott Kupor, wearing a suit, looks forward and frowns.
Politics
Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion
By Sasha RogelbergAugust 20, 2026
President Donald Trump speaks during a meeting with technology leaders in the Roosevelt Room of the White House.
Big Tech
Trump oblivious to voter fury about data centers, saying ‘the jobs are enormous and the money paid, the taxes paid, are just enormous’
By Jesse Bedayn, Marc Levy, Scott Bauer and The Associated PressAugust 20, 2026
A sign stands outside the main gate of Fort Stewart, Ga.
Arts & Entertainment
Army unit offers ‘special 4 day pass’ to play Grand Theft Auto VI for reenlisted troops as part of ‘unique incentives program’
By Russ Bynum and The Associated PressAugust 20, 2026
Senators demand answers from TikTok About ‘depraved’ experiment
Cybersecurity
Senators demand answers from TikTok About ‘depraved’ experiment
By Olivia Carville and BloombergAugust 20, 2026
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
More FinancePage 70 of 100
treble
Commentary
I built a startup from scratch and still nearly died because of a broken healthcare system. That’s why I’m running for Congress
By Jonathan TrebleMay 31, 2026
  • Top CD rates from major banks May 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal Finance
    Top CD rates from major banks on May 29, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerMay 29, 2026
c
Economy
Chinese factory activity flattens as analysts wonder about true damage from Iran War
By The Associated PressMay 31, 2026
boomer
Personal Finance
I wrote that Boomers were choking America’s economy. Their responses to me were revealing
By Nick LichtenbergMay 31, 2026
Matt Panella
Success
This home-builder dropped out of high school and worked construction for $8 an hour—by 22, he was making $200K from his trade empire
By Emma BurleighMay 31, 2026
Elon Musk surrounded by Money symbols
Investing
If Elon Musk merges SpaceX with Tesla he’ll create a $3.4 trillion behemoth—with zero profits
By Shawn TullyMay 31, 2026
Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — ‘I mean really, really low levels’
Energy
Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — ‘I mean really, really low levels’
By Jason MaMay 30, 2026
  • Current price of Ethereum for May 29, 2026
    Personal Finance
    Current price of Ethereum for May 29, 2026
    By Joseph HostetlerMay 29, 2026
U.S. military fires missile into engine room of blockade runner after it ignored more than 20 warnings while trying to enter an Iranian port
Politics
U.S. military fires missile into engine room of blockade runner after it ignored more than 20 warnings while trying to enter an Iranian port
By Konstantin Toropin and The Associated PressMay 30, 2026
Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran’s fast-attack boats
Energy
Damn the torpedoes — More ships are quietly slipping through the Strait of Hormuz as helicopters scare off Iran’s fast-attack boats
By Jason MaMay 30, 2026
Warren Buffett’s son Peter didn’t know his dad was a billionaire until his 20s—he found out from a rich list
Success
Warren Buffett’s son Peter didn’t know his dad was a billionaire until his 20s—he found out from a rich list
By Sydney LakeMay 30, 2026
Americans hurt in Kuwait as Trump sends mixed signals on war
Politics
Americans hurt in Kuwait as Trump sends mixed signals on war
By Kate Sullivan, Michelle Jamrisko, Gerry Doyle and BloombergMay 30, 2026
U.S. says deals with Iran for safe Hormuz transit are prohibited
Politics
U.S. says deals with Iran for safe Hormuz transit are prohibited
By Jack Wittels and BloombergMay 30, 2026
  • Current price of Bitcoin for May 29, 2026
    Personal Finance
    Current price of Bitcoin for May 29, 2026
    By Joseph HostetlerMay 29, 2026
Trump’s ICE surge cost 668,000 jobs, Brookings report says
Politics
Trump’s ICE surge cost 668,000 jobs, Brookings report says
By Michael Sasso and BloombergMay 30, 2026
Russian spies are more aggressively trying to steal Western technology as sanctions add to mounting problems for Putin’s wartime economy
Europe
Russian spies are more aggressively trying to steal Western technology as sanctions add to mounting problems for Putin’s wartime economy
By Emma Burrows and The Associated PressMay 30, 2026
As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8. But the ‘great flattening’ doesn’t always work as intended
C-Suite
As part of her Citi turnaround, Jane Fraser cut management layers from 13 to 8. But the ‘great flattening’ doesn’t always work as intended
By Claire ZillmanMay 30, 2026
Matt Rogers
Commentary
I worked with Steve Jobs at Apple, where every OS update killed startups. AI founders are about to face the same thing
By Matt RogersMay 30, 2026
grid
Environment
The U.S. power grid isn’t one big machine — it’s three. That’s a problem for blackout season
By Sufan Jiang, Fangxing Fran Li and The ConversationMay 30, 2026
warsh
Economy
High gas prices are just the start — inflation is seeping into the rest of the economy
By D. Brian Blank, Brandy Hadley and The ConversationMay 30, 2026
sam
Commentary
The AI economy could crash on mounting chip costs — and those token costs won’t help
By Rakesh KumarMay 30, 2026
TIAA CEO Thasunda Brown Duckett is trying to fix America’s broken retirement system
Personal Finance
TIAA CEO Thasunda Brown Duckett is trying to fix America’s broken retirement system
By Marco Quiroz-GutierrezMay 30, 2026
Gen Z is rejecting $200 dates and choosing ‘solo-maxxing’—and dating apps are taking a hit
Economy
Gen Z is rejecting $200 dates and choosing ‘solo-maxxing’—and dating apps are taking a hit
By Sydney LakeMay 30, 2026
A woman stands with her hand resting on a table
Future of Work
When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch
By Jacqueline MunisMay 30, 2026
Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt
Economy
Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt
By Shawn TullyMay 30, 2026
Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
Politics
Russia warns war costs are ravaging its finances while Ukrainian ‘drone overmatch’ sends Putin’s forces reeling in new phase of combat
By Jason MaMay 29, 2026
Mid adult real estate agent talking to couple at a house for sale
Real Estate
Pandemic relief funds accidentally broke the housing market by helping scammers inflate local home prices nearly 6%, study finds
By Tristan BoveMay 29, 2026
donald trump
Economy
Immigration restrictions don’t boost native workers. They cut economic mobility for generations, study finds
By Jake AngeloMay 29, 2026
dimon
Success
Jamie Dimon tells Gen Z to ‘learn how to think, learn how to earn respect’ as he describes ‘great meeting’ with Zohran Mamdani
By Nick LichtenbergMay 29, 2026
The AI arms race in cybersecurity has started. Most companies aren’t ready
Crypto
The AI arms race in cybersecurity has started. Most companies aren’t ready
By Philip MartinMay 29, 2026
Kalshi adds perpetual futures for U.S. traders following thumbs-up from key regulator
Crypto
Kalshi adds perpetual futures for U.S. traders following thumbs-up from key regulator
By Jack KubinecMay 29, 2026
Meet the Black women on Fortune’s Most Powerful Women list shaping business leadership
MPW
Meet the Black women on Fortune’s Most Powerful Women list shaping business leadership
By Cheyann HarrisMay 29, 2026
dewine
North America
Ohio calls time on data-center tax break after cost balloons to $1.5 billion, 11x the initial estimate
By Marc Levy and The Associated PressMay 29, 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
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Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161placeholder 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
By Tatiana SatauaAugust 20, 2026
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