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The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year

2

Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’

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Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymore

1

The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year

2

Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’

3

Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymore
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Three people stand next to each other and pose for a picture. Herbert Wertheim, wearing a red tie and fedora, stands on the left.
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

Dr. Herbert A. Wertheim, an optometrist and philanthropist with a $4.8 billion net worth, bought the EV earlier this month. It had a presale estimated cost of $1.1 million.

By Sasha RogelbergAugust 28, 2026
Nvidia CEO Jensen Huang talks to members of the press as he leaves the Hart Senate Office Building on July 28, 2026 in Washington, DC.
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout
By Eleanor PringleAugust 28, 2026
A trader works on the floor of the New York Stock Exchange.
Why ‘equal weight’ S&P 500 funds are having a moment—and are up almost 16% this year alone
By Sheryl EstradaAugust 28, 2026
‘Clearly, people hate data centers’: Sam Altman admits Americans hate what he’s wrought as his own data centers head quits
‘Clearly, people hate data centers’: Sam Altman admits Americans hate what he’s wrought as his own data centers head quits
By Mia OsmonbekovAugust 27, 2026
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement
By Barbara Ortutay, Wyatte Grantham-Philips and The Associated PressAugust 27, 2026
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
By Kamal AhmedAugust 27, 2026
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Latest stories from Fortune
Kevin Warsh, chairman of the US Federal Reserve, arrives for dinner during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 27, 2026.
Economy
Kevin Warsh finally threw Wall Street some crumbs on what he’s thinking: ‘There is one signal nobody can miss: 65 months of elevated inflation’
By Eleanor PringleAugust 28, 2026
Entrepreneur and philanthropist Dolly Parton
Success
Dolly Parton’s advice on running a successful, sprawling business empire: ‘Rely on “higher wisdom,” look your best, and don’t boss anyone around’
By Eleanor PringleAugust 28, 2026
Pharrell Williams
Success
After decades in the music industry, Pharrell Williams admits he never stops working: ‘If you do what you love everyday, you’ll get paid for free’
By Emma BurleighAugust 28, 2026
Andrew Cherng speaks into a microphone
Success
Billionaire Panda Express co-CEO says he never got burned out—even after years of working 12-hour days: ‘That’s life’
By Preston ForeAugust 28, 2026
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
Politics
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
By Jim Vertuno and The Associated PressAugust 28, 2026
t
Economy
Trump looks at Republican midterm hopes and has a message for voters: ‘Pretend, please, that I’m on the ballot’
By Steve Peoples, Jill Colvin and The Associated PressAugust 28, 2026
p
AI
Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal
By Kaitlyn Huamani and The Associated PressAugust 28, 2026
t
Economy
‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China
By Aamer Madhani and The Associated PressAugust 28, 2026
More Big TechPage 16 of 72
Chuck Robbins, chief executive officer of Cisco
Investing
‘Critical infrastructure for the AI era’: Cisco’s CEO on the earnings beat that sent shares to a record
By Sheryl EstradaMay 15, 2026
data center
Economy
Meta’s $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state’s entire police budget
By Jake AngeloMay 14, 2026
Wall Street no longer believes Kevin Warsh can do what President Trump wants
Economy
Wall Street no longer believes Kevin Warsh can do what President Trump wants
By Jim EdwardsMay 14, 2026
Steve Jobs used a ‘beer test’ for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
Success
Steve Jobs used a ‘beer test’ for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
By Orianna Rosa RoyleMay 14, 2026
Photo: Young woman spending day outside in residential area in city.
AI
Wells Fargo: AI is a ‘euphoric’ bubble and investors should ride it until it pops
By Jim EdwardsMay 13, 2026
An employee pulls out a server rack shelf at the rear of a Trainium3 UltraServer at an Amazon Web Services QA lab in Austin, Texas, on February 3, 2026.
AI
‘That doesn’t sound very healthy’: Amazon’s reported tokenmaxxing might gamify AI usage, analyst warns
By Eva RoytburgMay 12, 2026
amazon
Retail
Amazon’s promise of 30-minute delivery collides with memories of Domino’s drivers crashing in the late 1980s
By Anne D'Innocenzio and The Associated PressMay 12, 2026
turner
Commentary
Ted Turner built the original infinite scroll. The attention economy is running on his playbook 
By Nick LichtenbergMay 12, 2026
The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
Economy
The Fed is ‘meaningfully deviating’ from one of the most basic rules for fighting inflation, BofA warns
By Jim EdwardsMay 12, 2026
Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families
Law
Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families
By Bloomberg and Kurt WagnerMay 11, 2026
AI wins have Alphabet poised to become world’s biggest company
AI
AI wins have Alphabet poised to become world’s biggest company
By Ryan Vlastelica and BloombergMay 10, 2026
reed
Commentary
Tim Cook and Reed Hastings just showed every CEO how to leave gracefully
By Paul HardartMay 9, 2026
Michael Saylor says remarks about selling Bitcoin were intended to jam short-sellers and ‘haters’ 
Crypto
Michael Saylor says remarks about selling Bitcoin were intended to jam short-sellers and ‘haters’ 
By Ben WeissMay 8, 2026
Apple promised a smarter Siri, but a lawsuit says it didn’t deliver—and you can get up to $95 back
Law
Apple promised a smarter Siri, but a lawsuit says it didn’t deliver—and you can get up to $95 back
By Catherina GioinoMay 8, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week (May 2-8, 2026)
C-Suite
Fortune 500 Power Moves: Which executives gained and lost power this week (May 2-8, 2026)
By Fortune EditorsMay 8, 2026
Apple AirPods Pro in Cupertino, California, on Sept. 9, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
Newsletters
Apple AirPods with cameras are coming
By Andrew NuscaMay 8, 2026
Match Group CEO Spencer Rascoff
Success
Match Group’s CEO revived a shuttered Tinder internship program for Gen Z—and received over 30,000 applications for just 27 spots
By Emma BurleighMay 8, 2026
people watching tv
Arts & Entertainment
Gen Z just broke the streaming model: A majority subscribe, binge, and cancel over and over, study finds
By Jake AngeloMay 7, 2026
Elizabeth Warren speaks into a microphone during a Senate Banking Committee meeting
Crypto
Elizabeth Warren seeks information on Meta’s latest stablecoin plans in letter to Mark Zuckerberg
By Jack KubinecMay 7, 2026
President Donald Trump after signing executive orders in the Oval Office of the White House on April 30, 2026 in Washington, D.C. (Photo: Andrew Harnik/Getty Images)
Newsletters
Trump’s AI policies sound oh so familiar
By Andrew NuscaMay 7, 2026
goldman
Investing
‘FOMO has proven a stronger incentive than poor stock performance’: Goldman Sachs finds insecurity is a key part of the AI boom
By Nick LichtenbergMay 6, 2026
burke
Conferences
The CEO of Trek Bicycle reads 52 books a year, hates smartphones, and thinks Milton Friedman was wrong
By Nick LichtenbergMay 6, 2026
Man in suit coat with hands gesturing
Investing
Supermicro CEO insists ‘no one’ beyond indicted employees were involved in alleged $2.5 billion smuggling scheme
By Amanda GerutMay 5, 2026
servicenow
AI
ServiceNow just unveiled an AI workforce that can run your entire company: ‘Enterprises need AI that senses, decides, and securely acts’
By Nick LichtenbergMay 5, 2026
The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos’ sponsoring of the event
Politics
The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos’ sponsoring of the event
By Catherina GioinoMay 5, 2026
President Donald Trump in Washington, D.C. on May 4, 2026. (Photo: Kent Nishimura/AFP/Getty Images)
Newsletters
Trump may seek to review AI models before launch
By Andrew NuscaMay 5, 2026
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
Big Tech
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
By Jim EdwardsMay 5, 2026
Man in a suit with glasses
Big Tech
Supermicro’s co-founder allegedly smuggled $2.5 billion in Nvidia-chipped servers to China—now the whole company is under the microscope
By Amanda GerutMay 5, 2026
David Sacks
Economy
Trump’s former AI czar says the quiet part out loud on the economy: ‘Stopping progress in AI would be equivalent to halting the U.S. economy’
By Tristan BoveMay 4, 2026
The eBay logo with a mobile phone in 2025. (Photo: Klaudia Radecka/NurPhoto/Getty Images)
Newsletters
GameStop makes an unsolicited $56 billion offer for eBay
By Andrew NuscaMay 4, 2026
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Personal Finance
The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per yearplaceholder alt text
By Joshua HongAugust 27, 2026
Success
Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’placeholder alt text
By Preston ForeAugust 27, 2026
Success
Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymoreplaceholder alt text
By Nick LichtenbergAugust 27, 2026
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