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Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

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Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundation

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This former Navy SEAL spent 5 years in private equity working 100-hour weeks before quitting and building a $9 billion startup

1

Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

2

Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundation

3

This former Navy SEAL spent 5 years in private equity working 100-hour weeks before quitting and building a $9 billion startup
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Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint
Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint

Foreign ministers from the Gulf Cooperation Council—which is comprised of Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, and Oman—will meet their Iranian counterpart on Monday.

By Jason MaSeptember 11, 2026
Howard Lutnick, Larry Silverstein, Jim Pierce and Mitt Romney all had last-minute changes of plan that kept them out of the WTC on 9/11
Howard Lutnick, Larry Silverstein, Jim Pierce and Mitt Romney all had last-minute changes of plan that kept them out of the WTC on 9/11
By Catherina GioinoSeptember 11, 2026
A person working on a panel with a question mark.
What accounting software is easiest for a small business to use?
By Joseph HostetlerSeptember 11, 2026
Microsoft head of communications Frank Shaw leaving after nearly 30 years of shaping the software giant’s public messaging
Microsoft head of communications Frank Shaw leaving after nearly 30 years of shaping the software giant’s public messaging
By Sebastian HerreraSeptember 11, 2026
Chair of the Federal Reserve Kevin Warsh.
Wall Street thought the Powell hike was over. Now Kevin Warsh has his ‘back against the wall’
By Eva RoytburgSeptember 11, 2026
Photo of Sam Altman
OpenAI has paused its $200 ChatGPT sign-ups as ‘unprecedented’ demand for new model Astra strains its system
By Mia OsmonbekovSeptember 11, 2026
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Scott Bessent, US treasury secretary, during the first day of the Republican Midterm Convention at the American Airlines Center in Dallas, Texas, US, on Wednesday, Sept. 9, 2026.
‘If the Bloomberg Terminal bros are unhappy with what I’m doing, that’s too bad’: Bessent says he’ll continue ‘ignoring the noise’

“I’m not sure where the beef is,” Bessent said.

By Eleanor PringleSeptember 11, 2026
‘The global economy as we know it would come to a sudden halt’: Shipping authorities from 18 countries warn of a ‘two-tier’ system imperiling trade

The Consultative Shipping Group said the emergence of shadow fleets have created a split in maritime systems: “one governed by rules, the other by opacity.”

By Sasha RogelbergSeptember 10, 2026
Trump’s $5,000 pledge and the bond market revolt shows it’s a voter bribe — costing every American $8,000

Bill Clinton learned about the bond vigilantes within a week. Donald Trump and Scott Bessent keep refusing to do so.

By Jeffrey Sonnenfeld and Steven TianSeptember 10, 2026
Trump’s first term had real stimulus checks. His second has promised ones tied to problems he started

The $5,000 pledge follows a DOGE dividend that failed and a tariff rebate that never arrived, both stemming from policies Trump created himself.

By Catherina GioinoSeptember 10, 2026
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North America
More in North America
Young Gen Zers talk in office
50 multimillionaire Gen Zers went on a two-week Goldman Sachs bootcamp—they learned how to read the news, invest in art, and communicate better

Goldman Sachs gathered 50 Gen Z multimillionaire heirs for a two-week crash course on investing in sports, building confidence, and reading the news.

By Emma BurleighSeptember 11, 2026
NATO Innovation Fund on liftoff: the first European private company reaching orbit

For decades, European companies have built extraordinary satellites, telescopes and space science programs but have steered clear of getting into orbit.

By Patrick Schneider Sikorsky and David OrdonezSeptember 11, 2026
$9.999 and maxed out: California diesel prices overwhelm pump displays as global supply crunch worsens

Diesel prices soar to new record highs with no signs of slowing down anytime soon.

By Jordan BlumSeptember 10, 2026
Ryanair’s CEO warns travelers that cheap European flights may not last if oil remains above $100 a barrel into next year

Ryanair’s fuel hedge softened the Iran war’s blow, but it still cut its winter flight schedule and anticipates higher ticket costs

By Mia OsmonbekovSeptember 10, 2026
More in North America
Asia
More in Asia
Exec gave his Gen Z kids a list of  ‘daddy tips’ when they became old enough to work—it included showing up on time and ‘bringing value to a meeting’
Exec gave his Gen Z kids a list of  ‘daddy tips’ when they became old enough to work—it included showing up on time and ‘bringing value to a meeting’

Bosses say Gen Z lack basic people skills. One exec turned decades of career advice into a cheat sheet for his own daughters before they started work

By Orianna Rosa RoyleSeptember 11, 2026
AI solves overtourism’s ‘concentration problem’ by helping people find hidden gems, says Klook cofounder Ethan Lin

In Klook’s Travel Pulse survey of roughly Gen Z and millennial travelers across Asia, 57% said they had used AI to find new destinations or experiences.

By Angelica AngSeptember 11, 2026
‘Parents see themselves more as a client of the school’: Underperformance in class leads to apathy at home

A 40% non-response rate means the OECD couldn’t break out America’s worst-ever PISA reading scores by race or income this year.

By Sharon Lurye and The Associated PressSeptember 10, 2026
Chinese car exports are increasingly flooding the world despite all of the west’s (mixed) efforts to keep them out

Carmakers are expanding in Europe, Latin America, Africa and Southeast Asia as they face weak demand at home, with domestic sales falling 25.6%

By Chan Ho-Him and The Associated PressSeptember 10, 2026
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Global
More in Global
Fortune 500 Power Moves: Which executives gained and lost power this week
Fortune 500 Power Moves: Which executives gained and lost power this week

See which Fortune 500 companies are making changes to their C-suite ranks.

By Fortune EditorsSeptember 11, 2026
Students are using AI in school and test scores are down, but the OECD finds that those who use it once or twice a week perform similarly to nonusers

But using AI almost everyday can create a negative feedback loop.

By Joshua HongSeptember 11, 2026
The U.S. Open turned exclusivity into a half-billion-dollar business, and the $23 Honey Deuce is just the beginning

The tournament pulls in more than $500 million a year by selling prestige as much as tennis—from $800 million in luxury renovations to a cocktail that moved 738,459 units.

By Fernanda TroncoSeptember 11, 2026
Women hold more U.S. jobs than men—but still earn far less starting the day they graduate

Female workers are driving nearly all of America’s job growth as men keep leaving the labor force. Their paychecks tell the opposite story—and the gap only widens with age.

By Muskaan ArshadSeptember 11, 2026
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Latest stories from Fortune
Nubank studied why foreign fintechs failed in America. Its answer: Send a cofounder of its $16 billion business
Newsletters
Nubank studied why foreign fintechs failed in America. Its answer: Send a cofounder of its $16 billion business
By Emma HinchliffeSeptember 11, 2026
Elizabeth Holmes’ handwritten note says a lot about how she believed she had to present herself as a CEO
Tech
Elizabeth Holmes’ handwritten note says a lot about how she believed she had to present herself as a CEO
By Felicia Hou and Sydney LakeSeptember 11, 2026
Two joyful female graduates celebrating with their graduation regalia
Success
Even low-ranked colleges can be a ticket to six figures: Graduates earn $100K+ a decade later—more than twice as much as high school grads
By Preston ForeSeptember 11, 2026
Current price of silver as of Friday, Sept. 11, 2026
Personal Finance
Current price of silver as of Friday, September 11, 2026
By Joseph HostetlerSeptember 11, 2026
Current price of oil as of Sept. 11, 2026
Personal Finance
Current price of oil as of September 11, 2026
By Joseph HostetlerSeptember 11, 2026
Current price of Bitcoin for Sept. 11, 2026
Personal Finance
Current price of Bitcoin for September 11, 2026
By Joseph HostetlerSeptember 11, 2026
Current price of Ethereum for Sept. 11, 2026
Personal Finance
Current price of Ethereum for September 11, 2026
By Joseph HostetlerSeptember 11, 2026
Top CD rates from major banks Sept. 11, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal Finance
Top CD rates from major banks on September 11, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerSeptember 11, 2026
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We’re not dancing like no one is watching anymore. Actually, we’re just not dancing—or talking, walking, or interacting anymore
Success
We’re not dancing like no one is watching anymore. Actually, we’re just not dancing—or talking, walking, or interacting anymore
By Catherina GioinoAugust 9, 2026
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
Energy
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
By Jordan BlumAugust 9, 2026
chen
Commentary
James Chen: What makes a good billionaire?
By James ChenAugust 9, 2026
Drivers of Mercedes AMG cars file a class action lawsuit, claiming the front-seat logo gets so hot that it literally brands them and causes burns
Law
Drivers of Mercedes AMG cars file a class action lawsuit, claiming the front-seat logo gets so hot that it literally brands them and causes burns
By Anne D'Innocenzio and The Associated PressAugust 8, 2026
Mother and son sitting together and having a discussion
Personal Finance
Great disappointment will follow the Great Wealth Transfer as baby boomers pass on just a fraction of their fortune to millennials and Gen Xers
By Jason MaAugust 8, 2026
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
Politics
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
By The Associated PressAugust 8, 2026
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
Middle East
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
By Jason MaAugust 8, 2026
With broad bipartisan support, Congress is about to give Trump ‘unchecked authority’ to impose new tariffs of up to 100% on top trading partners
Economy
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
c
Law
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
a
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
Photo: President Trump.
Law
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
m
Politics
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
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
t
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
scalia
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
h
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
Trump was reelected off a big boost from bro-podcasters — there still aren’t rules about influencers getting campaign cash
Politics
Trump was reelected off a big boost from bro-podcasters — there still aren’t rules about influencers getting campaign cash
By Sophie Austin and The Associated PressAugust 8, 2026
GOP senators look to pass Trump’s voting bill as part of a budget package that funds the Iran war and Pentagon after recess
Politics
GOP senators look to pass Trump’s voting bill as part of a budget package that funds the Iran war and Pentagon after recess
By Lisa Mascaro and The Associated PressAugust 8, 2026
Senate confirms Todd Blanche as attorney general by narrowest of margins in the middle of the night
Politics
Senate confirms Todd Blanche as attorney general by narrowest of margins in the middle of the night
By Alanna Durkin Richer, Lisa Mascaro and The Associated PressAugust 8, 2026
Berkshire Hathaway finally spends massive cash pile, buying $10 billion in Alphabet stock and repurchasing $4.5 billion in shares
Investing
Berkshire Hathaway finally spends massive cash pile, buying $10 billion in Alphabet stock and repurchasing $4.5 billion in shares
By Josh Funk and The Associated PressAugust 8, 2026
Engineers wear helmets and high-visibility vests while inspecting an aircraft
Success
This ‘hidden’ career path is in dire need of more workers—and it can pay Gen Z over $300,000 with no degree required
By Preston ForeAugust 8, 2026
Mark Carney gestures with his hand as he stands next to Donald Trump in front of a white background.
North America
It’s not just Canadian tourists snubbing U.S. cities. Business leaders are cancelling more trips to America as geopolitical tensions continue
By Sasha RogelbergAugust 8, 2026
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
By Sydney LakeAugust 8, 2026
Digital illustration of robot's hand holding and supporting man who is working on his desk using computer, represent themes of artificial intelligence (AI), the future of work, and the intersection of humanity and technology.
AI
AI is changing work faster than the data can keep up
By Sebastian HerreraAugust 8, 2026
f
Commentary
AI labs shouldn’t be allowed to grade their own homework
By Andrew Freedman and Gillian HadfieldAugust 8, 2026
Photo of Bill Ackman
Success
Bill Ackman’s $35 billion hedge fund has under 50 employees and all of them—from janitors to receptionists—own millions in company stock
By Preston ForeAugust 8, 2026
Photo of Scott Bessent with Donald Trump
Economy
How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall
By Eva RoytburgAugust 8, 2026
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Economy
Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listenplaceholder alt text
By Marco Quiroz-GutierrezSeptember 10, 2026
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Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundationplaceholder alt text
By Sydney LakeSeptember 10, 2026
Success
This former Navy SEAL spent 5 years in private equity working 100-hour weeks before quitting and building a $9 billion startupplaceholder alt text
By Preston ForeSeptember 10, 2026
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