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1

The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year

2

Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’

3

Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymore

1

The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year

2

Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’

3

Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymore
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Three people stand next to each other and pose for a picture. Herbert Wertheim, wearing a red tie and fedora, stands on the left.
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

Dr. Herbert A. Wertheim, an optometrist and philanthropist with a $4.8 billion net worth, bought the EV earlier this month. It had a presale estimated cost of $1.1 million.

By Sasha RogelbergAugust 28, 2026
Nvidia CEO Jensen Huang talks to members of the press as he leaves the Hart Senate Office Building on July 28, 2026 in Washington, DC.
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout
By Eleanor PringleAugust 28, 2026
A trader works on the floor of the New York Stock Exchange.
Why ‘equal weight’ S&P 500 funds are having a moment—and are up almost 16% this year alone
By Sheryl EstradaAugust 28, 2026
‘Clearly, people hate data centers’: Sam Altman admits Americans hate what he’s wrought as his own data centers head quits
‘Clearly, people hate data centers’: Sam Altman admits Americans hate what he’s wrought as his own data centers head quits
By Mia OsmonbekovAugust 27, 2026
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement
By Barbara Ortutay, Wyatte Grantham-Philips and The Associated PressAugust 27, 2026
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’
By Kamal AhmedAugust 27, 2026
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Latest stories from Fortune
Kevin Warsh, chairman of the US Federal Reserve, arrives for dinner during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 27, 2026.
Economy
Kevin Warsh finally threw Wall Street some crumbs on what he’s thinking: ‘There is one signal nobody can miss: 65 months of elevated inflation’
By Eleanor PringleAugust 28, 2026
Entrepreneur and philanthropist Dolly Parton
Success
Dolly Parton’s advice on running a successful, sprawling business empire: ‘Rely on “higher wisdom,” look your best, and don’t boss anyone around’
By Eleanor PringleAugust 28, 2026
Pharrell Williams
Success
After decades in the music industry, Pharrell Williams admits he never stops working: ‘If you do what you love everyday, you’ll get paid for free’
By Emma BurleighAugust 28, 2026
Andrew Cherng speaks into a microphone
Success
Billionaire Panda Express co-CEO says he never got burned out—even after years of working 12-hour days: ‘That’s life’
By Preston ForeAugust 28, 2026
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
Politics
DeSantis administration diverted $10 million meant to help poor children, Florida grand jury finds
By Jim Vertuno and The Associated PressAugust 28, 2026
t
Economy
Trump looks at Republican midterm hopes and has a message for voters: ‘Pretend, please, that I’m on the ballot’
By Steve Peoples, Jill Colvin and The Associated PressAugust 28, 2026
p
AI
Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal
By Kaitlyn Huamani and The Associated PressAugust 28, 2026
t
Economy
‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China
By Aamer Madhani and The Associated PressAugust 28, 2026
More Big TechPage 9 of 72
Microsoft President Brad Smith sitting.
AI
Microsoft’s Brad Smith on Washington’s AI policy: ‘Regulation without transparent or complete rules’
By Beatrice NolanJuly 9, 2026
Elon Musk and President Donald Trump seated
Big Tech
Elon Musk’s judge has ‘significant misgivings’ about $1.5 million Twitter settlement—but approves it anyway
By Amanda GerutJuly 9, 2026
Man in collared shirt and jacket
Big Tech
Amazon’s $25 billion ‘surprise’ bond sale dangled extra yield to lure in buyers—and flashed a warning sign about the AI boom
By Amanda GerutJuly 8, 2026
The billionaires’ ‘summer camp’ that media moguls built is now run by the tech titans trying to replace them
Big Tech
The billionaires’ ‘summer camp’ that media moguls built is now run by the tech titans trying to replace them
By Sydney LakeJuly 8, 2026
Chinese companies are ditching Nvidia’s advanced accelerators for domestic AI suppliers
Asia
Chinese companies are ditching Nvidia’s advanced accelerators for domestic AI suppliers
By Bloomberg and Gao YuanJuly 8, 2026
AI’s productivity gains are years away, but if it doesn’t deliver, it could make unsustainable debt levels even worse, Deutsche Bank economist says
AI
AI’s productivity gains are years away, but if it doesn’t deliver, it could make unsustainable debt levels even worse, Deutsche Bank economist says
By Sasha RogelbergJuly 8, 2026
Presidents aren’t supposed to pick winners, former White House ethics lawyer says. Trump keeps choosing Dell
Politics
Presidents aren’t supposed to pick winners, former White House ethics lawyer says. Trump keeps choosing Dell
By Mia OsmonbekovJuly 7, 2026
Tech volatility hits highest since dot-com bust next to S&P 500
Investing
Tech volatility hits highest since dot-com bust next to S&P 500
By Bernard Goyder and BloombergJuly 7, 2026
Photo: Asha Sharma
North America
Game over for 20% of Xbox staff as Microsoft hits reset: We ‘didn’t focus on the core business,’ CEO says. ‘We simply spread ourselves too thin.’
By Jim EdwardsJuly 7, 2026
Photo: Asha Sharma
Big Tech
Exclusive: Xbox’s CEO on 3,200 layoffs, four studios cut, and her blunt warning that ‘we spread ourselves too thin’
By Sebastian HerreraJuly 6, 2026
‘Our business today is not healthy’: 1,600 Xbox employees among the 4,800 laid off by Microsoft as it looks to ‘reset’ gaming division
Big Tech
‘Our business today is not healthy’: 1,600 Xbox employees among the 4,800 laid off by Microsoft as it looks to ‘reset’ gaming division
By The Associated PressJuly 6, 2026
Torsten Slok holds his hands apart as he speaks on stage.
AI
Top economist says AI just hasn’t delivered on the productivity hype—and it means a ‘painful repricing’ of markets is very possible
By Sasha RogelbergJuly 6, 2026
Alibaba gets reprieve on lobbying ban tied to DoD blacklist
Law
Alibaba gets reprieve on lobbying ban tied to DoD blacklist
By Kate O'Keeffe and BloombergJuly 5, 2026
Nvidia supplier Hon Hai’s sales beat on continued AI demand
Asia
Nvidia supplier Hon Hai’s sales beat on continued AI demand
By Debby Wu and BloombergJuly 5, 2026
Mark Zuckerberg takes business calls on a jet ski wearing his $800 Meta glasses—and insists ‘the other person could not tell’
Big Tech
Mark Zuckerberg takes business calls on a jet ski wearing his $800 Meta glasses—and insists ‘the other person could not tell’
By Sydney LakeJuly 5, 2026
Apple’s next CEO will oversee a $4 trillion tech giant, but isn’t on LinkedIn. Can today’s leaders still skip social media?
C-Suite
Apple’s next CEO will oversee a $4 trillion tech giant, but isn’t on LinkedIn. Can today’s leaders still skip social media?
By Rachel VentrescaJuly 5, 2026
Americans will eat 150 million hot dogs today. One specific American is predicted to eat 70 of them
North America
Americans will eat 150 million hot dogs today. One specific American is predicted to eat 70 of them
By Catherina GioinoJuly 4, 2026
ds
Commentary
I argued with the father of open source for 2 years. Now the AI fight is the same — only bigger
By David SiegelJuly 3, 2026
Microsoft’s next big bet isn’t on a model but on becoming the Swiss Army knife of enterprise AI
AI
Microsoft’s next big bet isn’t on a model but on becoming the Swiss Army knife of enterprise AI
By Sheryl Estrada and Sebastian HerreraJuly 3, 2026
Those bots sending discounts to your email is dynamic pricing in action. Get revenge on those bots by abandoning your cart
Retail
Those bots sending discounts to your email is dynamic pricing in action. Get revenge on those bots by abandoning your cart
By Catherina GioinoJuly 3, 2026
Mark Zuckerberg, wearing a white shirt, smiles. He is standing in front of a crowd.
Success
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the ‘highest-quality beef in the world’ on his $300 million estate in Hawaii
By Sasha RogelbergJuly 2, 2026
Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them
Investing
Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them
By Mia OsmonbekovJuly 2, 2026
Meta’s cloud compute dreams: Why opt for U.S. AI data centers when Saudi Arabia has cheap oil and cheaper power?
Big Tech
Meta’s cloud compute dreams: Why opt for U.S. AI data centers when Saudi Arabia has cheap oil and cheaper power?
By Catherina GioinoJuly 2, 2026
Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic 
AI
Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic 
By Jim EdwardsJuly 2, 2026
Anthropic CEO Dario Amodei
AI
Anthropic’s AI models are back online after a two-week government standoff—settling the company and administration into a fragile truce
By Tristan BoveJuly 1, 2026
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
AI
Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
By Mia OsmonbekovJune 30, 2026
Anthropic CEO Dario Amodei pointing to his head.
AI
At the heart of Anthropic’s clashes with the U.S. government, a decision not to play by the new rules of Trump’s Washington
By Jeremy KahnJune 30, 2026
Mark Zuckerberg, CEO of Meta
Economy
AI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says
By Jim EdwardsJune 30, 2026
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
AI
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
By Tristan BoveJune 29, 2026
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Personal Finance
The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per yearplaceholder alt text
By Joshua HongAugust 27, 2026
Success
Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’placeholder alt text
By Preston ForeAugust 27, 2026
Success
Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymoreplaceholder alt text
By Nick LichtenbergAugust 27, 2026
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