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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

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Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

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The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

Big Tech

Big Tech

Chevron employees examine a new GE Vernova gas turbine.

How Chevron became the AI darling of Big Oil

Chevron’s West Texas data center deal with Microsoft may jumpstart a new Big Ol and AI trend.

By Jordan BlumAugust 8, 2026

People look at a Google Earth map of Paris,France on a screen as Google Earth.

Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images

By Joshua HongAugust 7, 2026

A customer tries out a newly-released Samsung Galaxy Z Fold8 smartphone at a Samsung store.

Samsung pre-orders for latest foldables jump 30% from last year

By Bloomberg and Chris WelchAugust 7, 2026

zuck

Meta hit with half-billion fine, compared by judge to polluting factory. Its stock fell half a percent

By Barbara Ortutay, Wufei Yu and The Associated PressAugust 7, 2026

‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?

‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?

By Kamal AhmedAugust 7, 2026

Meta becomes third major AI lab after Anthropic and OpenAI to admit its agents have gone rogue—one day after Muse Code launch

By Mia OsmonbekovAugust 6, 2026

Latest stories from Fortune

Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage

Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage

By The Associated PressAugust 8, 2026

Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed

Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed

By Jason MaAugust 8, 2026

With broad bipartisan support, Congress is about to give Trump ‘unchecked authority’ to impose new tariffs of up to 100% on top trading partners

With broad bipartisan support, Congress is about to give Trump ‘unchecked authority’ to impose new tariffs of up to 100% on top trading partners

By Jason MaAugust 8, 2026

Meet a 43-year-old woman who had a hysterectomy and thought she had cancer because of a hospital lab mixup

By Kim Chandler, Emilie Megnien and The Associated PressAugust 8, 2026

Personal Finance

20% of Americans are already using AI for financial advice — another 70% don’t trust it

By Adriana Morga and The Associated PressAugust 8, 2026

Trump’s lawyers in BBC lawsuit open the door to exposing all of his financial records — and scramble to close it

By Jocelyn Noveck and The Associated PressAugust 8, 2026

Southern Europe’s anti-immigrant attitude on display as Spain, Italy start checking each other’s passports

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el-sayed

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More Big TechPage 31 of 69

Musk

Elon Musk admits DOGE was only ‘somewhat successful’ and he should have ‘worked on my companies’ instead

By Bill Barrow and The Associated PressDecember 11, 2025

Sundar

Google illegally scraped the web to fix its AI problems and catch up to OpenAI, European regulators probe

By Kelvin Chan and The Associated PressDecember 11, 2025

Warren

Warner Bros. merger fight draws fire across U.S. political divide

By Hannah Miller and BloombergDecember 11, 2025

Trump

Trump says Warner Bros. deal should include sale of CNN

By Christopher Palmeri and BloombergDecember 11, 2025

netflix

Netflix looks to become Debtflix again to fund Warner Bros. acquisition

By Emily Graffeo and BloombergDecember 11, 2025

Cursor has growing revenue and a $29 billion valuation—but CEO Michael Truell isn’t thinking about an IPO

Cursor has growing revenue and a $29 billion valuation—but CEO Michael Truell isn’t thinking about an IPO

By Beatrice NolanDecember 11, 2025

Larry Ellison

Oracle earnings may not be enough to assuage debt, AI deal fears

By Carmen Reinicke and BloombergDecember 10, 2025

Jeff Williams, former Apple CEO

Jeff Williams, who retired from Apple after 27 years, less than a month ago, just got called up by Disney to join its board of directors

By Dave SmithDecember 10, 2025

New contract shows Palantir is working on a tech platform for another federal agency that works with ICE

New contract shows Palantir is working on a tech platform for another federal agency that works with ICE

By Jessica MathewsDecember 9, 2025

CoreWeave CEO: Despite seesawing stock, IPO was ‘incredibly successful’ after challenges of Liberation Day tariff timing

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By Sharon GoldmanDecember 9, 2025

An Optimus robot serving in a restaurant

Tesla promotes Optimus as its next big breakthrough, but one robot’s collapse has sparked doubts about their current level of autonomy

By Marco Quiroz-GutierrezDecember 9, 2025

A close-up of a woman using Google Glass

Google says its first Gemini-powered smart glasses are coming next year. Here’s what they can do

By Dave SmithDecember 9, 2025

David Ellison

CNN turns from cheering independence to dreading limbo as Paramount rides into town for Warner-Netflix showdown

By David Bauder and The Associated PressDecember 9, 2025

Trump

Paramount’s streaming size would ease U.S. antitrust review

By Christopher Palmeri, Kelcee Griffis, Josh Sisco and BloombergDecember 9, 2025

Netflix

Netflix sinks as concerns mount over risks of Warner Bros. deal

By Felice Maranz, Ryan Vlastelica and BloombergDecember 9, 2025

Mark Zandi, chief economist at Moody's Analytics, pictured in May 2023, warns of record debt issuance by AI companies during an infrastructure boom.

Borrowing by AI companies represents a ‘mounting potential threat to the financial system,’ top economist says

By Nino PaoliDecember 9, 2025

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Amazon’s new Alexa aims to detangle household chaos, like who fed the dog and the name of that restaurant everyone wanted to try

By Amanda GerutDecember 9, 2025

Australia will start banning kids from social media this week—and Malaysia is getting ready to do the same

Australia will start banning kids from social media this week—and Malaysia is getting ready to do the same

By Angelica AngDecember 9, 2025

Trump

Trump says he’ll allow Nvidia to sell advanced chips to ‘approved customers’ in China

By Josh Boak and The Associated PressDecember 8, 2025

Amazon robotaxi service Zoox to start charging for rides in 2026, with ‘laser focus’ on transporting people, not deliveries, says cofounder

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By Amanda GerutDecember 8, 2025

Apple CEO Tim Cook wearing a white polo shirt and throwing up a peace sign

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By Dave SmithDecember 8, 2025

Streaming

Netflix-Warner deal would drive streaming market further down the road of ‘Big 3’ domination

By David R. King and The ConversationDecember 8, 2025

Paramount

Next shoe in Netflix-WBD saga drops as Paramount launches hostile bid that includes Trump son-in-law Jared Kushner

By Nick LichtenbergDecember 8, 2025

Trump warns Netflix-Warner deal may pose antitrust ‘problem’

Trump warns Netflix-Warner deal may pose antitrust ‘problem’

By Hadriana Lowenkron, Se Young Lee and BloombergDecember 7, 2025

OpenAI goes from stock market savior to burden as AI risks mount

OpenAI goes from stock market savior to burden as AI risks mount

By Ryan Vlastelica and BloombergDecember 7, 2025

HP’s chief commercial officer predicts the future will include AI-powered PCs that don’t share data in the cloud

HP’s chief commercial officer predicts the future will include AI-powered PCs that don’t share data in the cloud

By Nicholas GordonDecember 7, 2025

Fortune Archives: The Oracle of Omaha, in 12 magazine covers

Fortune Archives: The Oracle of Omaha, in 12 magazine covers

By Indrani SenDecember 7, 2025

Elon Musk

SpaceX to offer insider shares at record-setting $800 billion valuation

By Edward Ludlow, Loren Grush, Lizette Chapman, Eric Johnson and BloombergDecember 6, 2025

Apple rocked by executive departures, with chip chief at risk of leaving next

Apple rocked by executive departures, with chip chief at risk of leaving next

By Mark Gurman and BloombergDecember 6, 2025

Photo of Jensen Huang

Nvidia CEO says data centers take about 3 years to construct in the U.S., while in China ‘they can build a hospital in a weekend’

By Nino PaoliDecember 6, 2025

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Most Popular

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

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By Eva RoytburgAugust 8, 2026

Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

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By Nick LichtenbergAugust 8, 2026

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

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By Sydney LakeAugust 8, 2026

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