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

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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

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 41 of 69

Ted Sarandos

Netflix falls 6% as it snaps 6-quarter streak with surprise miss in earnings

By Michael Liedtke and The Associated PressOctober 22, 2025

Paris Hilton

Paris Hilton: Why I’m not hiding my ADHD from my kids

By Paris HiltonOctober 22, 2025

Sam Altman

Browser wars are back with a vengeance—and OpenAI just entered the race with ChatGPT Atlas

By Beatrice Nolan and Jeremy KahnOctober 22, 2025

Salesforce founder and CEO Marc Benioff on stage at the company's Dreamforce conference, pointing with both hands.

Salesforce revamps Agentforce to try to pull customers across the gap between AI capabilities and AI adoption

By Jeremy KahnOctober 21, 2025

OpenAI unveils its Atlas web browser in a bid to supplant Google as the internet’s universal starting point

OpenAI unveils its Atlas web browser in a bid to supplant Google as the internet’s universal starting point

By Alexei OreskovicOctober 21, 2025

Andrej Karpathy Director of AI Tesla a keynote speaker at the Train AI conference at Pier 27 in San Francisco, Ca. on Thurs. May 10, 2018,

Did an OpenAI cofounder just pop the AI bubble? ‘The models are not there’

By Eva RoytburgOctober 21, 2025

The iPhone 17 is bringing Apple stock back to life—but Wall Street is worried about a catch

The iPhone 17 is bringing Apple stock back to life—but Wall Street is worried about a catch

By Molly Liebergall and Morning BrewOctober 21, 2025

David Zaslav

Arts & Entertainment

Warner Bros. confirms it’s considering a sale after ‘unsolicited interest from multiple parties,’ stock soars over 11%

By Nick LichtenbergOctober 21, 2025

Mary Barra

General Motors surges nearly 15% on earnings beat, raises full-year guidance

By Nick LichtenbergOctober 21, 2025

Co-founder and CEO of Anthropic, Dario Amodei.

Reid Hoffman rallies behind Anthropic in clash with Trump administration, and CEO Amodei drags JD Vance into the fray

By Beatrice NolanOctober 21, 2025

Traders work on the floor of the New York Stock Exchange (NYSE) on October 17, 2025 in New York City.

Companies pressured by anxious bull market to justify sky-high valuations during crucial earnings season

By Stan Choe and The Associated PressOctober 21, 2025

Amazon Web Services

‘The reality is it’s all very concentrated’: AWS outage exposes the world’s internet chokepoint, one data-center cluster in Virginia

By Safiyah Riddle, Matt O'Brien and The Associated PressOctober 21, 2025

Walmart

ChatGPT just became a shopping channel. Walmart is ready, but most retailers aren’t

By Mark SimonOctober 21, 2025

40% of Russell 2000 companies are unprofitable, but their stock outperforms—and ‘the bubble could continue,’ one analyst says

40% of Russell 2000 companies are unprofitable, but their stock outperforms—and ‘the bubble could continue,’ one analyst says

By Jim EdwardsOctober 21, 2025

‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich

‘Sad, if not damning’: Cathie Wood blasts the proxy firms who say Elon Musk’s $1 trillion pay package is just too rich

By Marco Quiroz-GutierrezOctober 20, 2025

The best way to earn billionaire status is to follow in Warren Buffett’s footsteps: 15% of billionaires derive net worth from the finance industry

Personal Finance

The best way to earn billionaire status is to follow in Warren Buffett’s footsteps: 15% of billionaires derive net worth from the finance industry

By Sam Klebanov and Morning BrewOctober 20, 2025

Walmart

Walmart’s deal with ChatGPT should worry every ecommerce small business: Your website is living on borrowed time in the age of AI

By Fayez MohamoodOctober 20, 2025

Dow futures rally as Trump softens tone on trade war again while first tech earnings and inflation report loom

Dow futures rally as Trump softens tone on trade war again while first tech earnings and inflation report loom

By Jason MaOctober 19, 2025

Jensen Huang, Nvidia CEO.

Jensen Huang says Nvidia went from 95% market share in China to 0%—‘I can’t imagine any policymaker thinking that that’s a good idea’

By Jason MaOctober 19, 2025

Hand hand taking a rose from a robot hand.

Sam Altman wants to ‘treat adults like adults’—but can OpenAI keep ChatGPT safe after opening the door to erotica?

By Beatrice NolanOctober 19, 2025

Kamala Harris: It was a ‘big mistake’ not to invite Elon Musk to a White House EV event

Kamala Harris: It was a ‘big mistake’ not to invite Elon Musk to a White House EV event

By Jason MaOctober 18, 2025

Elon Musk

Tesla shareholders should reject Musk’s $1 trillion pay package, ISS advises

By Kara Carlson, Dana Hull and BloombergOctober 17, 2025

Oracle

Oracle declines on concerns about fulfilling AI cloud demand

By Brody Ford and BloombergOctober 17, 2025

Uber is paying drivers extra to train its AI models. Here are 3 things you can do to earn more cash

Uber is paying drivers extra to train its AI models. Here are 3 things you can do to earn more cash

By Dave Lozo and Morning BrewOctober 17, 2025

Fortune 500 Power Moves: Which executives gained and lost power this week, Oct. 10-17, 2025

Fortune 500 Power Moves: Which executives gained and lost power this week, Oct. 10-17, 2025

By Fortune EditorsOctober 17, 2025

Meta

With half of teens regularly turning to AI companions, Meta moves to add parental controls starting early next year

By Barbara Ortutay and The Associated PressOctober 17, 2025

teachers

Why OpenAI, Microsoft and Anthropic are funding millions in teacher training: ‘AI, like it or not, is part of our world’

By Jocelyn Gecker and The Associated PressOctober 17, 2025

Mark Zuckerberg, chief executive officer of Meta Platforms Inc

Meta is hiring entry-level roles that pay up to $290,000 a year and require little prior experience

By Emma BurleighOctober 17, 2025

San Francisco

Marc Benioff’s shortsighted bet against San Francisco

By Tom ChavezOctober 17, 2025

Warren Buffett, chief executive officer of Berkshire Hathaway

Personal Finance

Warren Buffett plowed more than $1 billion into three stocks, and it says a lot about where he sees consumer priorities are right now: Houses, beer, and gas

By Eleanor PringleOctober 17, 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

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

placeholder alt text

By Jason MaAugust 7, 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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