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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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Current price of oil as of August 18, 2026

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

1

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

Current price of oil as of August 18, 2026

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With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
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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
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
By Josh Funk and The Associated PressAugust 19, 2026
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From Pennsylvania to Ohio to Texas, the governors’ races are all coming down to data centers
By Marc Levy and The Associated PressAugust 19, 2026
Jeff Dean
Ex-Google chief scientist tells Gen Z the trick is not to master AI—instead, just ‘skim papers’
By Preston ForeAugust 19, 2026
Multimillionaire podcaster Mel Robbins
Multimillionnaire podcaster Mel Robbins says she learned the secret to spotting the most influential person in the room when she was a waitress
By Emma BurleighAugust 19, 2026
Edward P. Lazear, left, congratulates Randall S. Kroszner, center and Kevin M. Warsh, right, at the conclusion of their confirmation hearing held by the Senate Banking, Housing and Urban Affairs Committee in Washington, DC, February 14, 2006.
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
By Eleanor PringleAugust 19, 2026
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Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse
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
2 Penn State frats were main suppliers in ‘upper level trafficking’ cocaine ring, authorities say

Over a dozen former and current Penn State University students face charges of felony corrupt organizations, conspiracy and other offenses.

By The Associated Press and Josh KeletyAugust 18, 2026
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North America
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A Home Depot store in Atlanta, Georgia.
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
Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips

Nevada capped Tesla’s fleet at a fraction of its request and kept it away from Harry Reid airport.

By Catherina GioinoAugust 19, 2026
Top economist on Trump’s ‘deadly cocktail’ for the bond market—and how the bond vigilantes have crossed Scott Bessent’s ‘red line’

“The bond vigilantes have come out of hibernation,” Johns Hopkins’ Steve Hanke told Fortune, and “the inflation genie is out of the bottle.”

By Nick LichtenbergAugust 19, 2026
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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
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OpenAI CEO Sam Altman with Replit CEO Amjad Masad
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
Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation

The Rivian spinoff just raised $150 million to build autonomous vehicles for moving people and packages—not just pedalers.

By Lily Mae LazarusAugust 19, 2026
Even potato-chip tasters are temporary in the economy of 2026 — there’s nearly 57 million of these ‘disposable workers’

MIT labor economist Paul Osterman tracks them in his new book, “Disposable Workers: The Transformation of Employment.”

By Paul Osterman and The ConversationAugust 19, 2026
Current price of Bitcoin for August 19, 2026

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market.

By Joseph HostetlerAugust 19, 2026
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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
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 Ethereum for Aug. 19, 2026
Personal Finance
Current price of Ethereum for August 19, 2026
By Joseph HostetlerAugust 19, 2026
Top CD rates from major banks Aug. 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on August 19, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerAugust 19, 2026
Photo: President Trump.
Newsletters
Iran has Trump right where it wants him and suggests he seek ‘a dignified exit’
By Jim EdwardsAugust 19, 2026
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
Newsletters
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy
By Jason MaAugust 19, 2026
Top CD rates today, Aug. 19, 2026: Lock in up to up to 4.50%
Personal Finance
Top CD rates today, Aug. 19, 2026: Lock in up to up to 4.50%
By Glen Luke FlanaganAugust 19, 2026
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Steve Witkoff walks in front of a car dressed in suit and tie with his phone in his hand and his jacket draped over his arm.
Crypto
A VC says he declined to join the Trump family’s crypto venture after cofounder Steve Witkoff couldn’t pronounce ‘memecoin’
By Camila Grigera NaónJuly 27, 2026
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C-Suite
Cracker Barrel CEO steps down nearly a year after logo change inflamed Trump country
By Dee-Ann Durbin and The Associated PressJuly 27, 2026
Dario Amodei looking to the side.
AI
A trove of users’ seemingly private conversations with Anthropic’s Claude AI chatbot showed up in Google search results
By Beatrice NolanJuly 27, 2026
guano
Energy
The Strait of Hormuz isn’t fertilizer’s first starring role — an 1856 law still defines U.S. overseas territory
By Edward D. Melillo and The ConversationJuly 27, 2026
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North America
The new Air Force One controversy is really about a 90-year power struggle over presidential travel
By Peter Kastor and The ConversationJuly 27, 2026
The war between competing AI models could end up more like Apple vs. Android than VHS vs. Betamax
AI
The war between competing AI models could end up more like Apple vs. Android than VHS vs. Betamax
By Jason MaJuly 27, 2026
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C-Suite
Why did a $154 billion CEO just endorse stripping most Americans of voting rights—and taking us back to the 19th century?
By Nick LichtenbergJuly 27, 2026
Workers help a traveler at a Trip.com tabling session booth.
Big Tech
Trip.com struck with $765 million penalty from China over monopoly allegations
By The Associated PressJuly 27, 2026
Photo of Oprah Winfrey
Success
Oprah Winfrey says ‘Life starts at 44’—and research proves she’s right: The average founder starts their business after 40
By Emma BurleighJuly 27, 2026
A fan is pointed towards a classroom full of students in a school.
Environment
Rising temperatures are putting students at risk of heat-related illnesses, and schools are scrambling to adapt
By The Conversation, Allison Poulos and Jennifer VanosJuly 27, 2026
A small Brown-eared Bulbul bird perches on a branch in a tree.
Health
Sit back and watch the birds—your health will thank you, data shows
By The Conversation and Jennifer G. AndrewsJuly 27, 2026
U.S. to reopen border to Mexican cattle imports after screwworm ban
North America
U.S. to reopen border to Mexican cattle imports after screwworm ban
By The Associated PressJuly 27, 2026
U.N. chief urges global support for Syria during first Damascus visit since Assad’s fall
North America
U.N. chief urges global support for Syria during first Damascus visit since Assad’s fall
By GHAITH ALSAYED and The Associated PressJuly 27, 2026
Canadian intern at NATO’s military headquarters arrested on espionage charges
North America
Canadian intern at NATO’s military headquarters arrested on espionage charges
By Sam McNeil and The Associated PressJuly 27, 2026
Photo of man walking past anti-U.S. graffit "Down with USA" in Tehran
Asia
U.S. and Iran edge toward talks as Hormuz shipping hits three-week low, regional officials say
By The Associated Press, Samy Magdy and Elena BecatorosJuly 27, 2026
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Economy
Fuel prices stemming from a war in Iran is reshaping daily life for people in the U.S. and Chile to Turkey and Nepal
By The Associated Press and Aniruddha GhosalJuly 27, 2026
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Economy
‘Kryptonite to November voters’: Trump’s Michigan visit puts the GOP’s dilemma on display
By Will Weissert and The Associated PressJuly 27, 2026
econ
Asia
A Chinese chip maker’s shares surged 466% in their first day of trading as AI boom worm turns
By Chan Ho-Him and The Associated PressJuly 27, 2026
canada
Economy
Canada’s awkward tariff summer: Gordie Howe Bridge opens for traffic a week after Michigan and White House officials got uninvited
By The Associated PressJuly 27, 2026
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Environment
‘It looked like the apocalypse’: France’s summer of deadly heat turns into a wildfire that is making its own lightning
By Mark Carlson, Emma Da Silva, John Leicester and The Associated PressJuly 27, 2026
Capital One’s MLB partnership is turning fan experiences into long-term customer value
Banking
Capital One’s MLB partnership is turning fan experiences into long-term customer value
By Sheryl EstradaJuly 27, 2026
trump
Commentary
In the Age of Big Players, $100,000 buys you a head start on Trump’s mood
By Steve H. Hanke and Roger KopplJuly 27, 2026
bibi
Politics
Netanyahu accuses Mamdani of ‘fomenting hate,’ saying ‘he’s supposed to the mayor of all New Yorkers’ — waving off ICC war crimes charges
By Lisa Mascaro and The Associated PressJuly 27, 2026
Europe has an electrification target. Here’s how it can become a competitive advantage
Commentary
Europe has an electrification target. Here’s how it can become a competitive advantage
By Andreas SchierenbeckJuly 27, 2026
o
Arts & Entertainment
Highbrow box-office king Christopher Nolan seals biggest second weekend ever with $87 million haul for ‘The Odyssey’
By Lindsey Bahr and The Associated PressJuly 27, 2026
Building with Chase/J.P.Morgan signage
Newsletters
Bank-run blockchains are back in style—but history suggests they will be a bust
By Jeff John RobertsJuly 27, 2026
kimi
AI
Meet the American techies who don’t care where ‘good enough’ AI models come from, even China
By Chan Ho-Him, Matt O'Brien and The Associated PressJuly 27, 2026
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Arts & Entertainment
‘It’s in the can, bro’: Marvel wants you to think RDJ and Ryan Reynolds are only sharing the stage at Comic Con
By Leslie Ambriz and The Associated PressJuly 27, 2026
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Law
Small businesses immediately sue Trump over new tariff regime
By Mae Anderson and The Associated PressJuly 27, 2026
t
Politics
After Trump launched war on Iran, hiked inflation through tariffs, Johnson labels election ‘common sense vs. communism’
By Lisa Mascaro and The Associated PressJuly 27, 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
Current price of oil as of August 18, 2026placeholder alt text
By Joseph HostetlerAugust 18, 2026
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With the national debt nearing $40 trillion, Bank of America has a warning for bond investorsplaceholder alt text
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