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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

By The Associated PressAugust 8, 2026

el-sayed

Michigan Democrats try to convince voters they don’t hate each other after vicious, photo-finish primary

By Jacqueline Ganun and The Associated PressAugust 8, 2026

More Big TechPage 34 of 69

A robot hand holding a credit card over a blue background

Sorry, mom. The shopping bots suggested a bathrobe for Christmas

By Spencer Soper, Matt Day and BloombergNovember 27, 2025

Meredith Whittaker Signal President

AI agents are an ‘existential threat’ to secure messaging, Signal’s president Whittaker says

By Beatrice NolanNovember 27, 2025

Sam Altman smiles against a pink background

MIT report: AI can already replace nearly 12% of the U.S. workforce

By Dave SmithNovember 27, 2025

Kathy Harvey is Associate Dean for Global Networks and Innovation at Saïd Business School, University of Oxford, and a Fellow of Keble College.

Finance’s outdated view of women holding back female founders

By Kathy HarveyNovember 27, 2025

Big Tech wants AI to help with your holiday shopping. The tech has flashes of magic, but it won’t replace Santa—yet

Big Tech wants AI to help with your holiday shopping. The tech has flashes of magic, but it won’t replace Santa—yet

By Sharon GoldmanNovember 27, 2025

layoffs

These Fortune 500 companies are laying off thousands of workers and fueling economic anxiety

By Wyatte Grantham-Philips and The Associated PressNovember 26, 2025

Sam Altman

OpenAI won’t make money by 2030 and still needs to come up with another $207 billion to power its growth plans, HSBC estimates

By Nick LichtenbergNovember 26, 2025

Tim Cook scowls inside the White House

Arts & Entertainment

Apple yanked a brand-new TV show just days before it was scheduled to air amid allegations of plagiarism

By Dave SmithNovember 26, 2025

Photo: WASHINGTON, DC - NOVEMBER 19: Nvidia CEO Jensen Huang listens as U.S. President Donald Trump speaks at the U.S.-Saudi Investment Forum at the Kennedy Center on November 19, 2025 in Washington, DC. The forum is intended to bring together business leaders, innovators and political leaders with the goal of strengthening economic ties and promoting investment between the United States and Saudi Arabia.

Investors ignore Nvidia as an across-the-board global rally in stocks gets underway

By Jim EdwardsNovember 26, 2025

Sundar Pichai

Google, the sleeping giant in global AI race, now ‘fully awake’

By Mark Bergen, Newley Purnell and BloombergNovember 25, 2025

Nvidia is so spooked by Google’s sudden AI comeback that it’s posting on X to defend itself

Nvidia is so spooked by Google’s sudden AI comeback that it’s posting on X to defend itself

By Eva RoytburgNovember 25, 2025

Photo of Sam Altman

Sam Altman says OpenAI’s first device is iPhone-level revolutionary but brings ‘peace and calm’ instead of ‘unsettling’ flashing lights and notifications

By Marco Quiroz-GutierrezNovember 25, 2025

Markets wipe $250 billion off Nvidia as they digest Google’s revenge, with Gemini 3 emerging as ‘current state of the art’

Markets wipe $250 billion off Nvidia as they digest Google’s revenge, with Gemini 3 emerging as ‘current state of the art’

By Nick LichtenbergNovember 25, 2025

Marc Benioff smiles outside

‘I’m not going back’: Billionaire Marc Benioff says he’s switching to Google’s Gemini 3 after using ‘ChatGPT every day for three years’

By Dave SmithNovember 25, 2025

Jensen Huang

‘Are you insane?’: Billionaire CEO Jensen Huang blasts Nvidia managers who are ‘telling their people to use less AI’

By Dave SmithNovember 25, 2025

Jerry Garcia

What every CEO should learn from Jerry Garcia

By Brian HalliganNovember 25, 2025

Man smiles in front of camera

Stablecoin issuer Paxos to acquire wallet startup Fordefi for more than $100 million

By Carlos Garcia and Ben WeissNovember 25, 2025

Amazon, Werner Vogels attends the Viva Technology show at Parc des Expositions Porte de Versailles on May 22, 2024 in Paris, France.

Amazon CTO’s 2026 tech predictions include the dawn of the ‘renaissance developer’: ‘You need polymaths like Da Vinci’

By Diane BradyNovember 25, 2025

Deloitte name atop its regional headquarters in Washington, D.C.

Deloitte allegedly cited AI-generated research in a million-dollar report for a Canadian provincial government

By Nino PaoliNovember 25, 2025

A new X update is pulling back the curtain on MAGA influencers, revealing many are operating from abroad

A new X update is pulling back the curtain on MAGA influencers, revealing many are operating from abroad

By Marco Quiroz-GutierrezNovember 25, 2025

NYSE broker

Why your 401(k) is safe from a 40% crash in stocks—but not a 10% to 15% correction, top analyst says

By Nick LichtenbergNovember 24, 2025

MacKenzie Scott

Billionaire MacKenzie Scott extends her philanthropy with a $17 million gift to Oklahoma’s oldest public community college, where most students rely on aid

By Jessica CoacciNovember 24, 2025

Michael Burry looks to the side. He is standing in front of a background with "The Big Short" printed on it.

‘Big Short’ investor Michael Burry warns Nvidia is the Cisco equivalent in today’s AI boom: ‘Sometimes the new company is the same company on a pivot’

By Sasha RogelbergNovember 24, 2025

Trump

Our governments have sold AI out to Big Tech

By Alexandra EbertNovember 24, 2025

Entrance to Slush with a banner saying: "Still doubting Europe? Go to Hel."

Europe’s new talent advantage is boosting its founders’ spirits

By Beatrice NolanNovember 24, 2025

GoTo taps new CEO in step toward game-changing Grab takeover

GoTo taps new CEO in step toward game-changing Grab takeover

By Olivia Poh and BloombergNovember 24, 2025

NYSE broker

Crypto’s brutal month triggers a stress test for Wall Street

By Emily Nicolle and BloombergNovember 23, 2025

As Google eyes exponential surge in serving capacity, analyst says we’re entering ‘stage two of AI’ where bottlenecks are physical constraints

As Google eyes exponential surge in serving capacity, analyst says we’re entering ‘stage two of AI’ where bottlenecks are physical constraints

By Marco Quiroz-GutierrezNovember 23, 2025

AI rivals like OpenAI, Nvidia, and Oracle are collaborating to build ‘Stargate’—but a Yale expert says it violates 135 years of antitrust law

AI rivals like OpenAI, Nvidia, and Oracle are collaborating to build ‘Stargate’—but a Yale expert says it violates 135 years of antitrust law

By Shawn TullyNovember 23, 2025

Photo of Bill Ackman

Hedge fund billionaire Bill Ackman is reportedly readying Pershing Square and a new fund to go public as soon as early next year

By Nino PaoliNovember 22, 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

placeholder alt text

By Eva RoytburgAugust 8, 2026

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

placeholder alt text

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

placeholder alt text

By Sydney LakeAugust 8, 2026

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