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

1

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

2

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

3

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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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
Photo of Meta AI logo
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
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Politics
Southern Europe’s anti-immigrant attitude on display as Spain, Italy start checking each other’s passports
By The Associated PressAugust 8, 2026
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Politics
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
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North America
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
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Environment
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
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North America
This 17-year-old grew up in ‘survival mode,’ then saw her college enrollment evaporate. ‘I’m definitely not really over that’
By Matt Brown, Terry Tang, Corey Williams and The Associated PressAugust 8, 2026
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
Environment
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
By Ty O'Neil, Dorany Pineda and The Associated PressAugust 8, 2026
Appeals court blocks Trump’s White House ballroom for now, saying it’s up to Congress and ‘not a matter for Executive self-help’
Law
Appeals court blocks Trump’s White House ballroom for now, saying it’s up to Congress and ‘not a matter for Executive self-help’
By Darlene Superville, Michael Kunzelman and The Associated PressAugust 8, 2026
Samuel Alito defends his court decisions. ‘If that means a high correlation with what Trump wants, fine. If it means zero correlation…fine as well’
Law
Samuel Alito defends his court decisions. ‘If that means a high correlation with what Trump wants, fine. If it means zero correlation…fine as well’
By The Associated PressAugust 8, 2026
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President-elect Donald Trump and Elon Musk pose for a photo, with Trump doing thumbs up and Musk raising his hand, during the UFC 309 event at Madison Square Garden on November 16, 2024 in New York City.
Politics
Elon Musk once vowed to ‘go to war’ for H-1Bs. Now he’s silent on Trump’s $100K fee—and smiling beside him at Charlie Kirk’s funeral
By Eva RoytburgSeptember 22, 2025
Donald Trump, Larry Ellison
AI
Trump’s deal will fundamentally change the TikTok For You algorithm going forward, social media expert says. Here’s how
By Kelley Cotter and The ConversationSeptember 22, 2025
Trump signs an executive order.
AI
Trump’s $100,000 H-1B fee could choke off startups’ access to AI talent and widen Big Tech’s dominance
By Beatrice NolanSeptember 22, 2025
Former Trump economic adviser Gary Cohn says tariffs are the reason you’re having a hard time finding a job
Economy
Former Trump economic adviser Gary Cohn says tariffs are the reason you’re having a hard time finding a job
By Marco Quiroz-GutierrezSeptember 22, 2025
Netflix founder and Co-CEO Reed Hastings speaks with his hands raided during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City.
Big Tech
One of Silicon Valley’s most prominent Democrats just called Trump’s $100k H-1B visa fee a ‘great solution’
By Eva RoytburgSeptember 22, 2025
Trump speaks from the Resolute Desk
North America
Over 70% of H-1B visa holders are Indian citizens. Its government says Trump jacking the fee to $100,000 is ‘likely to have humanitarian consequences’
By Dave SmithSeptember 22, 2025
Warren Buffett speaks onstage at the FORTUNE Most Powerful Women Summit on October 16, 2013 in Washington, DC.
Investing
Warren Buffett just sold his entire stake in Tesla-rival BYD as profits fall and tariff questions rise
By Eleanor PringleSeptember 22, 2025
‘For Charlie’ — Trump and Elon Musk reunite at Kirk’s memorial service, months after stunning feud that appeared to end alliance
Politics
‘For Charlie’ — Trump and Elon Musk reunite at Kirk’s memorial service, months after stunning feud that appeared to end alliance
By Jason MaSeptember 21, 2025
Tech companies warn H-1B visa holders to avoid foreign travel
Big Tech
Tech companies warn H-1B visa holders to avoid foreign travel
By Georgia Hall, Maria Paula Mijares Torres and BloombergSeptember 20, 2025
U.S. would control TikTok’s board and algorithm under emerging deal with China, White House says
Cybersecurity
U.S. would control TikTok’s board and algorithm under emerging deal with China, White House says
By Aamer Madhani and The Associated PressSeptember 20, 2025
Andrew King
Commentary
I’m the VC researcher who helped uncover Intel’s close ties to China. Its nationalization just exposes a corporate governance crisis
By Andrew KingSeptember 20, 2025
Esther Zuckerman, Rachel Lee Goldenberg, Lily James, and Gala Gordon speak onstage during the New York screening of "Swiped" on September 16, 2025 in New York City.
Arts & Entertainment
‘Shut it down!’ — Bumble founder Wolfe Herd is terrified that there’s a new Hulu biopic about her life and wanted to block it two years ago
By Eva RoytburgSeptember 20, 2025
Michael Eisner
Arts & Entertainment
‘Where has all the leadership gone?’: Former Disney CEO Michael Eisner blasts Kimmel suspension
By David Bauder, Bernard Condon and The Associated PressSeptember 19, 2025
Lip-Bu Tan
Commentary
It’s time for Intel to go private, former board members say
By Charlene Barshefsky, Reed Hundt, James Plummer and David B. YoffieSeptember 19, 2025
Mark Zuckerberg gestures and speaks on stage
AI
It’s not just Sam Altman warning about an AI bubble. Now Mark Zuckerberg says a ‘collapse’ is ‘definitely a possibility’
By Lily Mae LazarusSeptember 19, 2025
Ramp founder Eric Glyman: How I built a $22.5 billion startup in 2,367 days
Big Tech
Ramp founder Eric Glyman: How I built a $22.5 billion startup in 2,367 days
By Fortune EditorsSeptember 19, 2025
A man opens up a refrigerator door, which has a display screen on it.
Big Tech
Samsung confirms it will begin showing you advertisements on your $1,800-plus refrigerator’s screen
By Sasha RogelbergSeptember 19, 2025
Mark Zuckerberg says this Superintelligence Labs team has a flat leadership structure and no top-down deadlines: It’s like ‘a group science project’
AI
Mark Zuckerberg says this Superintelligence Labs team has a flat leadership structure and no top-down deadlines: It’s like ‘a group science project’
By Marco Quiroz-GutierrezSeptember 19, 2025
Cloudflare CEO Matthew Prince raises a finger on stage
AI
Cloudflare CEO warns of a ‘Black Mirror’ outcome if Sam Altman or other AI people control the media
By Nick LichtenbergSeptember 19, 2025
Mark Zuckerberg blames bad Wi-Fi after the live demo of his new $800 smart glasses goes horribly wrong
Big Tech
Mark Zuckerberg blames bad Wi-Fi after the live demo of his new $800 smart glasses goes horribly wrong
By Ashley LutzSeptember 18, 2025
"Late Night" host Seth Meyers during an interview with host Jimmy Fallon on February 8, 2017.
Big Tech
First Kimmel, then Fallon and Meyers? A veteran TV scholar says late night can’t survive politics anymore — and today’s hosts must ‘tread carefully’
By Eva RoytburgSeptember 18, 2025
Mark Zuckerberg unveiled $800 smart glasses that come with a special twist—here’s what they can do
Innovation
Mark Zuckerberg unveiled $800 smart glasses that come with a special twist—here’s what they can do
By Abigail Rubenstein and Morning BrewSeptember 18, 2025
Big Tech’s standard for fighting AI fakes puts privacy on the line
AI
Big Tech’s standard for fighting AI fakes puts privacy on the line
By Sharon GoldmanSeptember 18, 2025
Trump, Huang
Big Tech
Intel shares surge 30% as Nvidia announces $5 billion investment in America’s one-time chips champion
By Nick LichtenbergSeptember 18, 2025
Tech CEO surrounded by throng of reporters holding phones and recorders in front of him.
AI
Jensen & Co. caught in U.S.-China trade war crossfire—again
By Jason Del ReySeptember 18, 2025
Amazon
Future of Work
Amazon to invest over $1 billion in fulfillment and transportation workers to boost pay, cut health care costs
By Anne D'Innocenzio and The Associated PressSeptember 17, 2025
Tesla Headquarters
Big Tech
Tesla under investigation after parents say faulty door handles trapped their kids in the back
By Bernard Condon, Michelle Chapman and The Associated PressSeptember 17, 2025
Phoebe Gates
Success
Bill and Melinda French Gates gave their Gen Z daughter this piece of business advice before she launched her own $8 million startup
By Jessica CoacciSeptember 17, 2025
Andy Jassy’s crusade against Amazon’s bureaucracy led to 1,500 tip line complaints and 450 process changes—and counting
C-Suite
Andy Jassy’s crusade against Amazon’s bureaucracy led to 1,500 tip line complaints and 450 process changes—and counting
By Marco Quiroz-GutierrezSeptember 17, 2025
Waymo says it will partner with Lyft for a robotaxi debut in Nashville next year
Innovation
Waymo says it will partner with Lyft for a robotaxi debut in Nashville next year
By Jessica MathewsSeptember 17, 2025
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Most Popular
Middle East
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept itplaceholder alt text
By Jason MaAugust 7, 2026
Economy
How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfallplaceholder alt text
By Eva RoytburgAugust 8, 2026
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winnerplaceholder alt text
By Sydney LakeAugust 8, 2026
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