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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

2

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

3

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

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

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 38 of 69

Alix Earle

Microsoft bets on influencers like Alix Earle to close the gap with ChatGPT

By Emily Forgash and BloombergNovember 10, 2025

Torsten Slok, chief economist of Apollo Management

The S&P 500 is also in a K-shaped economy, says Apollo, with a widening gap between the winners and losers

By Eleanor PringleNovember 10, 2025

CoreWeave executives pose in front of the Nasdaq building on the day of the company's IPO.

Data-center operator CoreWeave is a stock-market darling. Bears see its finances as emblematic of an AI infrastructure bubble

By Jeremy Kahn and Leo SchwartzNovember 8, 2025

Denmark

Denmark to ban social media for anyone under 15 years old

By Jamey Keaten and The Associated PressNovember 7, 2025

Polymarket

Polymarket volume inflated by ‘artificial’ activity, study finds

By Lydia Beyoud and BloombergNovember 7, 2025

Joe Jordan

Gen Z’s love for ‘finfluencers’ is creating the perfect storm for brands

By Joe JordanNovember 7, 2025

A trader works during the Beta Technologies Inc. initial public offering (IPO) on the floor at the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Nov. 4, 2025.

Even as stocks slide, Wall Street is at ‘historically extreme valuations,’ warns Apollo chief economist

By Eleanor PringleNovember 7, 2025

A closeup of Mark Zuckerberg's face

Arts & Entertainment

Mark Zuckerberg says ‘The Social Network’ nailed his wardrobe: ‘Every single shirt or fleece they had in that movie is a shirt or fleece that I own’

By Dave SmithNovember 7, 2025

Elon Musk tips his hat

Elon Musk, the world’s first trillionaire: Tesla shareholders approve unprecedented $1 trillion pay package—despite disapproval from investors and even the Pope

By Preston ForeNovember 6, 2025

Laid off? Tech recruiting exec shares 4 tips for getting back on your feet—and on the job market

Laid off? Tech recruiting exec shares 4 tips for getting back on your feet—and on the job market

By Brianna Monsanto and IT BrewNovember 6, 2025

NYSE broker

Nvidia falls as much as 4.2% amid lurch downward as traders digest earnings

By Damian J. Troise and The Associated PressNovember 6, 2025

Zuckerberg, Chan

Mark Zuckerberg, Priscilla Chan shift philanthropy focus to how AI can accelerate science

By Barbara Ortutay and The Associated PressNovember 6, 2025

White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC.

The pope hates it. Norway hates it. Elon Musk calls critics of the plan ‘corporate terrorists.’ Welcome to Tesla’s trillion-dollar showdown

By Bernard Condon and The Associated PressNovember 6, 2025

Jonathan Haidt

Gen Z’s brains are ‘growing around their phones’ the way a tree warps around a tombstone, ‘Anxious Generation’ author warns

By Nick LichtenbergNovember 6, 2025

Microsoft, freed from relying on OpenAI, joins the race for ‘superintelligence’—and AI chief Mustafa Suleyman wants to ensure it serves humanity

Microsoft, freed from relying on OpenAI, joins the race for ‘superintelligence’—and AI chief Mustafa Suleyman wants to ensure it serves humanity

By Sharon Goldman and Jeremy KahnNovember 6, 2025

Sundar Pichai

Google, Epic Games reach ‘comprehensive settlement’ over long-running Play Store antitrust case

By The Associated PressNovember 6, 2025

Google

Google Maps, now brought to you with an AI conversational companion

By Michael Liedtke and The Associated PressNovember 6, 2025

Mark Zuckerberg

Meta hit with cease-and-desist letter over use of ‘PG-13 ratings’ for Instagram content

By Barbara Ortutay and The Associated PressNovember 6, 2025

Robinhood says prediction markets now bring in $100 million in annual revenue—but firm has no plans to launch its own

Robinhood says prediction markets now bring in $100 million in annual revenue—but firm has no plans to launch its own

By Jeff John RobertsNovember 6, 2025

Ford CEO Jim Farley strikes a cautious tone on Apple’s new CarPlay Ultra and its increasing control over cars: ‘Do you want the Apple brand to start the car?’

By Marco Quiroz-GutierrezNovember 5, 2025

A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Oct. 29, 2025.

Wall Street cheers bad news on jobs, sending stocks higher and betting that a soft labor market will force Powell’s hand in December

By Damian J. Troise and The Associated PressNovember 5, 2025

NYSE broker

A top analyst warned of a ‘prisoner’s dilemma’ and ‘AI wobble’ in the stock market just days before Palantir seemed to confirm everyone’s fears

By Nick LichtenbergNovember 5, 2025

Palantir CEO Alex Karp

Palantir says college is no longer a reliable training ground—so it hired 22 high school students instead: ‘Skip the debt. Skip the indoctrination.’

By Emma BurleighNovember 5, 2025

Co-founders Esha Manideep (CTO, Left), Varun Vummadi (CEO, Right)

Exclusive: Voice AI startup Giga raises $61 million to take on customer service automation

By Beatrice NolanNovember 5, 2025

Meet the power broker of the AI age: OpenAI’s ‘builder-in-chief’ helping to turn Sam Altman’s trillion-dollar data center dreams into reality

Meet the power broker of the AI age: OpenAI’s ‘builder-in-chief’ helping to turn Sam Altman’s trillion-dollar data center dreams into reality

By Sharon GoldmanNovember 5, 2025

Palantir CEO Alex Karp said the tech giant “was really the first company to be completely anti-woke" on Monday.

Palantir CEO celebrates ‘anti-woke’ playbook and ‘cultus’ winning strategy after yet another earnings beat

By Nino PaoliNovember 4, 2025

Roelof Botha steps aside as Sequoia’s steward, passing the role to Alfred Lin and Pat Grady

Startups & Venture

Roelof Botha steps aside as Sequoia’s steward, passing the role to Alfred Lin and Pat Grady

By Allie GarfinkleNovember 4, 2025

Dara Khosrowshahi looking none too pleased

Uber says ‘unpredictable’ issues involving ‘legal proceedings or governmental investigations’ took a $479 million bite out of its bottom line

By Dave SmithNovember 4, 2025

Michael Burry stands in front of a dark background with "The Big Short" printed on it.

‘Big Short’ investor Michael Burry follows up cryptic AI bubble warning with bearish stock activity on Nvidia and Palantir

By Sasha RogelbergNovember 4, 2025

President Trump and Elon Musk

America’s wealthiest billionaires got $698 billion richer this year—and Trump’s tax policy could give them a new windfall

By Emma BurleighNovember 4, 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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