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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

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

The U.S. archivist Trump fired last year got Obama, Bush and Clinton to write about giving up power

By Calvin Woodward and The Associated PressAugust 8, 2026

scalia

Waiting 26 years ‘for this shoe to drop’: Musk’s AI company joins the fight to strip citizens of their power to sue

By Michael Phillis and The Associated PressAugust 8, 2026

More Big TechPage 36 of 69

The stock market is barrelling toward a ‘show me the money’ moment for AI—and a possible global crash

The stock market is barrelling toward a ‘show me the money’ moment for AI—and a possible global crash

By Jim EdwardsNovember 19, 2025

A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

A tale of two CEO successions: Walmart’s clean break vs. Target’s much-criticized transition

By Phil WahbaNovember 19, 2025

Mark Zuckerberg

Meta prevails in historic FTC antitrust case, won’t have to break up WhatsApp, Instagram

By Barbara Ortutay and The Associated PressNovember 18, 2025

iPhone Air models on display in an Apple Store

The iPhone Air can’t catch a break: The key designer behind the struggling ultrathin phone just left Apple for an AI startup

By Dave SmithNovember 18, 2025

Google releases its heavily hyped Gemini 3 AI in a sweeping rollout—even Search gets it on day one

Google releases its heavily hyped Gemini 3 AI in a sweeping rollout—even Search gets it on day one

By Sharon GoldmanNovember 18, 2025

$Billionaire tech founder Joe Liemandt says getting an MBA isn’t worth it and you don’t learn a ‘fraction’ of what you would as an entrepreneur$

Billionaire tech founder Joe Liemandt says getting an MBA isn’t worth it and you don’t learn a ‘fraction’ of what you would as an entrepreneur

By Sydney LakeNovember 18, 2025

NYSE broker

Scott Galloway fears a market crash or social crisis in the next year. A top finance professor recommends putting money into baseball cards

By Nick LichtenbergNovember 18, 2025

Exclusive: Bitfury, known for its Bitcoin mining, launches $1 billion initiative to invest in ethical tech and AI

Exclusive: Bitfury, known for its Bitcoin mining, launches $1 billion initiative to invest in ethical tech and AI

By Carlos GarciaNovember 18, 2025

broker

Nvidia, AI selloff drives world shares lower, with Europe and Asia tumbling

By Elaine Kurtenbach and The Associated PressNovember 18, 2025

Jeff Bezos

Jeff Bezos is putting $6.2 billion—and himself as co-CEO—behind a new AI startup. Bubble? That’s no trouble

By Sharon GoldmanNovember 18, 2025

The business case behind Nvidia’s 22-week maternity leave

Workplace Culture

The business case behind Nvidia’s 22-week maternity leave

By Ted Kitterman and Great Place To WorkNovember 18, 2025

Photo of Elon Musk

Elon Musk revives billionaire beef with Bill Gates, says he better exit his ‘crazy short’ against Tesla soon or else add to his $1.5 billion in losses

By Marco Quiroz-GutierrezNovember 18, 2025

Nvidia looked invincible. Now it’s showing cracks

Nvidia looked invincible. Now it’s showing cracks

By Shawn TullyNovember 18, 2025

Gates on the campus of Harvard

Harvard now owns nearly half a billion dollars worth of Bitcoin, filings show

By Carlos GarciaNovember 17, 2025

Inside billionaire Gabe Newell’s new $500 million superyacht, which has a submarine garage and its own hospital

Inside billionaire Gabe Newell’s new $500 million superyacht, which has a submarine garage and its own hospital

By Dave SmithNovember 17, 2025

China’s focus on ‘diffusion’ and open-source may prove a better AI play than the U.S.’s drive for ‘perfection’

China’s focus on ‘diffusion’ and open-source may prove a better AI play than the U.S.’s drive for ‘perfection’

By Angelica AngNovember 17, 2025

Jensen Huang, CEO of NVIDIA, during his visit to The Cambridge Union to receive the Professor Stephen Hawking Fellowship 2025 on November 04, 2025 in Cambridge, Cambridgeshire.

Nvidia’s Jensen Huang says ‘to be a CEO is a lifetime of sacrifice,’ but his parents prepared him for the ‘pain and suffering’ of leadership

By Eleanor PringleNovember 17, 2025

Apple is ramping up succession plans for CEO Tim Cook, a Friday report says.

Apple is ramping up succession plans for CEO Tim Cook and may tap this hardware exec to take over, report says

By Nino PaoliNovember 15, 2025

Despite AI bubble fears, Warren Buffett’s Berkshire Hathaway loads up on shares of hyperscaler Alphabet amid huge rally

Despite AI bubble fears, Warren Buffett’s Berkshire Hathaway loads up on shares of hyperscaler Alphabet amid huge rally

By Jason MaNovember 15, 2025

ESPN

Arts & Entertainment

Disney and YouTube’s battle for the future of TV ends in a truce after more than 2 weeks of blackout

By Wyatte Grantham-Philips and The Associated PressNovember 15, 2025

seminconductors

Restoring America’s manufacturing backbone through semiconductor leadership

By Thomas CaulfieldNovember 15, 2025

Phoebe Gates and Sophia Kianni, Phia co-founders

Phia, a popular AI shopping agent founded by Bill Gates’ daughter Phoebe Gates and Sophia Kianni, has been collecting a concerning amount of user data

By Beatrice NolanNovember 15, 2025

Verizon CEO Daniel Schulman, pictured in 2018, is looking to cut costs and reverse customer losses.

Verizon will cut about 15,000 jobs after new CEO says ‘cost reductions will be a way of life for us here’

By Nino PaoliNovember 14, 2025

NYSE broker

AI stocks at center of stormy day on Wall Street, erasing sharp 1.3% drop

By Stan Choe and The Associated PressNovember 14, 2025

Anthropic says it ‘disrupted’ what it calls ‘the first documented case of a large-scale AI cyberattack executed without substantial human intervention’

Anthropic says it ‘disrupted’ what it calls ‘the first documented case of a large-scale AI cyberattack executed without substantial human intervention’

By Dave SmithNovember 14, 2025

Photo: Lisbon , Portugal - 13 November 2025; Laura Chambers, CEO, Mozilla on Centre Stage during day three of Web Summit 2025 at the MEO Arena in Lisbon, Portugal. (Photo By Ramsey Cardy/Sportsfile for Web Summit via Getty Images)

Tech execs admit AI is a bubble—and they’re pretty happy about it: ‘We can’t deny there’s a ridiculous amount of investment going on’

By Jim EdwardsNovember 14, 2025

JG Chirapurath

I had a front-row seat to AI’s rise at Microsoft and SAP. Here’s the billion-dollar blind spot everyone’s missing

By JG ChirapurathNovember 14, 2025

Hollywood sign

AI video has come for Hollywood. Is it ready?

By Sunny DhillonNovember 14, 2025

Palantir CEO Alex Karp visits "The Claman Countdown" with host Liz Claman at Fox Business Network Studios on October 23, 2025 in New York City.

Palantir CEO slams ‘parasitic’ critics calling the tech a surveillance tool: ‘Not only is patriotism right, patriotism will make you rich’

By Eva RoytburgNovember 13, 2025

Balloons in the shape of the letters "AI" about to be popped by someone with a pin.

AI isn’t a bubble—but it’s showing warning signs

By Beatrice NolanNovember 13, 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

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By Sydney LakeAugust 8, 2026

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