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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

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With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

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Current price of oil as of August 18, 2026

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't dead

2

With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

3

Current price of oil as of August 18, 2026
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KFC
How KFC and Taco Bell’s top technologist is embracing AI and automation across 63,000 restaurants

The top technologist at Yum Brands, Jim Dausch, is embracing AI and automation across 63,000 restaurants.

By John KellAugust 19, 2026
Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring
Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring
By Catherina GioinoAugust 19, 2026
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A Democratic Socialist just defeated a central figure in Trump’s first impeachment trial in a Florida primary
By Matt Brown and The Associated PressAugust 19, 2026
Dr. Erica Schwartz testifies during a Senate Health Education Labor and Pensions committee confirmation hearing to be the director of the Centers for Disease Control and Prevention on Capitol Hill.
‘Often flying blind’: Up to $246 million of taxpayer-funded CDC programs are largely unstaffed
By The Associated Press and Mike StobbeAugust 19, 2026
Cosigning a loan: The risks oftentimes overlooked
Cosigning a loan: The risks oftentimes overlooked
By Joseph HostetlerAugust 19, 2026
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
By Sarah GlodekAugust 19, 2026
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From Pennsylvania to Ohio to Texas, the governors’ races are all coming down to data centers

Stacy Garrity accused Josh Shapiro of having “lit the fuse on the chaos we are seeing in community after community.”

By Marc Levy and The Associated PressAugust 19, 2026
Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse

Border closures with Pakistan have crushed Afghanistan’s fruit exports, forcing farmers to dry their grapes into lower-priced raisins

By ABDUL QAHAR AFGHAN and The Associated PressAugust 19, 2026
The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes

The agency wants to raise the health giant’s taxable income for four straight years. Neither side will say how much is at stake.

By Tatiana SatauaAugust 19, 2026
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage

As any chief executive knows, the strongest brands are rarely destroyed by their competitors. This principle applies to nations as well.

By John A. QuelchAugust 18, 2026
More in News
North America
More in North America
UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran
UAE halts all trade with Iran after new missile fire in Gulf, cutting off a key export route for Tehran

Tehran denies launching the missiles that triggered Tuesday’s alert, as Iran’s economy already reels from sanctions and a blockade of its ports

By David Rising and The Associated PressAugust 19, 2026
Multimillionnaire podcaster Mel Robbins says she learned the secret to spotting the most influential person in the room when she was a waitress

“The Mel Robbins Podcast” host says the most powerful person in the room is “never who you think it is.”

By Emma BurleighAugust 19, 2026
Home Depot’s $730 million tariff refund was largely offset by rising costs

Home Depot, Amazon, and Walmart are taking very different approaches to the tariff refunds flowing back to retailers.

By Sheryl EstradaAugust 19, 2026
Current price of oil as of August 19, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

By Joseph HostetlerAugust 19, 2026
More in North America
Asia
More in Asia
Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors
Unitree, famous for its dancing robots, surges by 460% on its trading debut, lifting valuation to $66 billion, far ahead of U.S. competitors

The Hangzhou-based startup, founded in 2016, has quickly become something akin to a national champion in China’s robotics sector.

By Nicholas GordonAugust 19, 2026
Strait of Hormuz chaos has incentivized China to use an alternative trade route: a 3,400 mile frozen Arctic channel dubbed the ‘Ice Silk Road’

Chinese shipping company Sea Legend Line just announced a shipping route through the Arctic, which takes half the time as established shipping routes.

By Sasha RogelbergAugust 19, 2026
Alibaba’s $2 billion gaming exit signals where Beijing wants its money

The e-commerce giant sells its gaming studio and pours $53 billion into AI as the US-China tech rivalry heats up

By Mia OsmonbekovAugust 18, 2026
AWS’s Asia chief is relocating to Japan as the country scrambles to modernize its legacy IT systems

Last year, Japan began a push to reboot its innovation engine with a plan to channel $2.3 trillion in investments to 17 strategic sectors by 2040.

By Angelica AngAugust 18, 2026
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Global
More in Global
Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities
Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities

“It’s still an experiment. It’s still in test and learn mode,” said Sucharita Kodali, who is a retail analyst with Forrester.

By Josh Funk and The Associated PressAugust 19, 2026
Ex-Google chief scientist tells Gen Z the trick is not to master AI—instead, just ‘skim papers’

Jeff Dean, who just left Google after 27 years, says future success belongs to Gen Z students who read broadly and focus on problems with a five-year horizon.

By Preston ForeAugust 19, 2026
Bond traders are testing Kevin Warsh: The Fed chair will heed—but not be ruled by—them, says an economist who spent years sitting next to him

“He wants the Fed to think in terms of the bigger picture … and people are finding that frustrating, but I think he’s been very, very clear.”

By Eleanor PringleAugust 19, 2026
Exclusive: Replit taps OpenAI’s low-cost Luna model for new ‘Free Mode’

An 80% reduction in the cost of tokens for OpenAI’s Luna allowed Replit to roll out the new service, which despite its ‘free’ name, still requires a monthly subscription.

By Emily ForliniAugust 19, 2026
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Microsoft CEO Satya Nadella smiling on stage
Leadership
Microsoft CEO Satya Nadella says he doesn’t see empathy as a soft skill: ‘It’s the hardest skill we learn’
By Orianna Rosa RoyleAugust 19, 2026
Larry Page and Sergey Brin smile in front of old Google servers.
Leadership
Google’s founders didn’t market test Alphabet’s name before launching the now $1.9 trillion juggernaut. Here’s the advice Steve Jobs gave Larry Page
By Sasha RogelbergAugust 19, 2026
Hayden Panettiere helped change how women talk about mental health. After her death, consumers aren’t ready to forgive the brand that failed her
Newsletters
Hayden Panettiere helped change how women talk about mental health. After her death, consumers aren’t ready to forgive the brand that failed her
By Emma HinchliffeAugust 19, 2026
Current price of gold as of August 19, 2026
Personal Finance
Current price of gold as of August 19, 2026
By Danny BakstAugust 19, 2026
a woman rides an ALSO autonomous bike
Startups & Venture
Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation
By Lily Mae LazarusAugust 19, 2026
chips
Future of Work
Even potato-chip tasters are temporary in the economy of 2026 — there’s nearly 57 million of these ‘disposable workers’
By Paul Osterman and The ConversationAugust 19, 2026
Current price of silver as of Wednesday, Aug. 19, 2026
Personal Finance
Current price of silver as of Wednesday, August 19, 2026
By Joseph HostetlerAugust 19, 2026
Current price of Bitcoin for Aug. 19, 2026
Personal Finance
Current price of Bitcoin for August 19, 2026
By Joseph HostetlerAugust 19, 2026
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Politics
Trump claims — yet again — that a deal to reopen Hormuz is close
By The Associated Press, Elena Becatoros, Samy Magdy and Darlene SupervilleAugust 5, 2026
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Success
Neil Armstrong’s boyhood home, nearly untouched, goes up for sale with no legal protection
By John Seewer, Patrick Aftoora-Orsagos and The Associated PressAugust 5, 2026
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Arts & Entertainment
Bands used to ‘break’ on Letterman — now they’re recreating late night on YouTube
By Maria Sherman and The Associated PressAugust 5, 2026
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Environment
It’s getting too hot to fly: climate‑driven heat waves are forcing airlines to dump passengers and cargo
By Rio Yamat, M.K. Wildeman and The Associated PressAugust 5, 2026
bezos
Environment
Leo DiCaprio teams with Jeff and Lauren Sanchez Bezos on $200 million plan to save 100 endangered species
By The Associated PressAugust 5, 2026
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Asia
Honda doubles profit as motorcycles and a weak yen fuel its post‑EV writedown comeback
By Yuri Kageyama and The Associated PressAugust 5, 2026
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Big Tech
SpaceX races toward Musk’s $1 trillion dream—just as insiders can start selling
By Bernard Condon and The Associated PressAugust 5, 2026
OpenAI logo is seen displayed on a smartphone with code in the background.
C-Suite
What OpenAI’s finance team is becoming in the age of AI
By Sheryl EstradaAugust 5, 2026
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Arts & Entertainment
Disney boosted by $1 billion at the box office, strong parks performance as international visits slump
By Michelle Chapman and The Associated PressAugust 5, 2026
Scott Bessent, US treasury secretary, during a meeting with US President Donald Trump and Lebanon's President Joseph Aoun, not pictured, in the Oval Office of the White House in Washington, DC, US, on Tuesday, July 21, 2026.
Economy
Scott Bessent just declared the K-shaped economy is over, saying he’s ‘sick of hearing about’ it—but the data would beg to disagree
By Eleanor PringleAugust 5, 2026
Ask your employees one question about AI. The silence will tell you everything
Commentary
Ask your employees one question about AI. The silence will tell you everything
By Will DroverAugust 5, 2026
st. louis
Commentary
$25 billion in data centers shows St. Louis is serious about competing in the AI economy 
By Ron KitchensAugust 5, 2026
Photo: the Strait of Hormuz.
Newsletters
A deal with Iran on the Strait of Hormuz—with a truckload of caveats—could come as soon as today
By Jim EdwardsAugust 5, 2026
Top CD rates from major banks Aug. 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 5, 2026
Current price of Ethereum for Aug. 6, 2026
Personal Finance
Current price of Ethereum for August 5, 2026
By Joseph HostetlerAugust 5, 2026
Current price of Bitcoin for Aug. 5, 2026
Personal Finance
Current price of Bitcoin for August 5, 2026
By Joseph HostetlerAugust 5, 2026
Current price of oil as of Aug. 5, 2026
Personal Finance
Current price of oil as of August 5, 2026
By Joseph HostetlerAugust 5, 2026
Noa Khamallah smiles in a white polo with his hands in his pockets
Newsletters
Noa Khamallah was a street kid and convict. Now his $10 million fund is taking on mega-VCs
By Lily Mae LazarusAugust 5, 2026
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’
C-Suite
Bill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’
By Fortune EditorsAugust 5, 2026
Donald Trump, in the middle of speaking, holds up his hand with his pointer finger extended.
Economy
Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to China
By Sasha RogelbergAugust 5, 2026
Today’s home equity loan and HELOC rates, Aug. 5, 2026
Personal Finance
Home equity loan and HELOC rates, August 5, 2026
By Joseph HostetlerAugust 5, 2026
gen z
Success
Gen Z’s anti-capitalist brand says one thing. Its spending data says something more interesting
By Nick LichtenbergAugust 5, 2026
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
Magazine
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
By Beatrice NolanAugust 5, 2026
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
Politics
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
By Sydney LakeAugust 5, 2026
Europe’s tech sovereignty is facing its biggest test yet
Magazine
Europe’s tech sovereignty is facing its biggest test yet
By Sam ForsdickAugust 5, 2026
Has the AI race shifted from U.S. vs China to open vs closed?
Commentary
Has the AI race shifted from U.S. vs China to open vs closed?
By Grace Shao and Alvin Wang GraylinAugust 4, 2026
Man laughing in a black hat
Big Tech
Elon Musk delivers ‘totally nuts’ plan for moon robots and $1 trillion revenue target, but capex tanks SpaceX on debut earnings
By Amanda GerutAugust 4, 2026
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
C-Suite
From Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccer
By Catherina GioinoAugust 4, 2026
Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a Little League team’
AI
Elon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a Little League team’
By Tatiana SatauaAugust 4, 2026
The remains of the German tugboat wreckage marked as UJ-106 in the Danube River.
Environment
Danube River’s shrinking water levels expose dozens of World War II ships
By The Associated Press and Marko DrobnjakovicAugust 4, 2026
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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he's a billionaire who says the American Dream isn't deadplaceholder alt text
By Orianna Rosa RoyleAugust 18, 2026
Personal Finance
With the national debt nearing $40 trillion, Bank of America has a warning for bond investorsplaceholder alt text
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Current price of oil as of August 18, 2026placeholder alt text
By Joseph HostetlerAugust 18, 2026
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