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Current price of oil as of August 19, 2026

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Iran has Trump right where it wants him and suggests he seek 'a dignified exit'

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Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'

1

Current price of oil as of August 19, 2026

2

Iran has Trump right where it wants him and suggests he seek 'a dignified exit'

3

Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'
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sastry, manish
AI won’t fix a broken company. Rewiring it will

Picture a railroad that spends billions on the fastest trains in the world, then runs them on the same aging rails. The tracks are the constraint.

By Sastry Durvasula and Manish SharmaAugust 20, 2026
Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’
Venezuela oil minister to U.S. companies: ‘It’s an entire world waiting to be discovered’
By Jordan BlumAugust 20, 2026
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
By Tatiana SatauaAugust 20, 2026
People pointing at each other in a boardroom.
Companies are spending trillions on AI. The C-suite doesn’t know who is in charge of it
By Amanda GerutAugust 20, 2026
Teachers in one of San Francisco’s richest suburbs are so underpaid that a philanthropist just gave each of them $9,161
Teachers in one of San Francisco’s richest suburbs are so underpaid that a philanthropist just gave each of them $9,161
By Sydney LakeAugust 20, 2026
Home equity loan and HELOC rates: Aug. 20, 2026
Today’s home equity loan and HELOC rates, August 20, 2026
By Joseph HostetlerAugust 20, 2026
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Emil Michael, under secretary of defense for research and engineering nominee for US President Donald Trump.
Pentagon pushes ‘zero tolerance’ audit on foreign university partnerships that ‘compromise our national security’

Schools must complete a review and terminate arrangements deemed problematic—or face funding losses.

By The Associated Press and Heather HollingsworthAugust 19, 2026
Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton

Eurasia Group counselor Dominic Barton says corporate leaders can no longer treat geopolitics as a boardroom sideshow amid tariffs and new restrictions.

By Nicholas GordonAugust 19, 2026
National debt crosses $40 trillion and think tank warns: ‘The level of fiscal mismanagement is tragic

“To anyone who cares about America, about democracy and our future, in my view, this is already a crisis,” Michael Peterson told Fortune.

By Eleanor PringleAugust 19, 2026
Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies

Susan Clancy told jurors her former daughter-in-law was “struggling” for months as the defense builds its postpartum psychosis case

By The Associated Press and Leah WillinghamAugust 19, 2026
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North America
More in North America
In this economy, millennials and Gen Z would rather break up than date someone in debt: ‘There’s a pretty big divide’
In this economy, millennials and Gen Z would rather break up than date someone in debt: ‘There’s a pretty big divide’

Nearly half of Americans say a partner’s debt is a dealbreaker, and younger generations are the pickiest of all.

By Catherina GioinoAugust 20, 2026
The new head of America’s top children’s hospital sees ‘the dawn of a new era’ for kid cancer treatment

St. Jude CEO Dr. Charles W. M. Roberts said he believes this is a “once-in-a-lifetime opportunity” to achieve the dream of treating cancer in children.

By The Associated Press and Glenn GamboaAugust 19, 2026
Trump threatens to bomb Oman, widening the war that crippled the global economy

The oil chokepoint is under fire from multiple directions as Trump pushes Oman for a tougher line on Iran shipping traffic.

By Samy Magdy and The Associated PressAugust 19, 2026
‘Harvest their data and hide the truth from the public’: Four states seek billions from Meta over child safety practices

The suit looks to make fundamental changes to how Meta runs its social media platforms to better serve child privacy and safety.

By Barbara Ortutay, Kaitlyn Huamani and The Associated PressAugust 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
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
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
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Global
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‘Buyers aren’t yet opening their wallets’: AI-generated assets are flooding marketplaces, but consumers are snubbing them for human-made products
‘Buyers aren’t yet opening their wallets’: AI-generated assets are flooding marketplaces, but consumers are snubbing them for human-made products

In 3D model marketplace CGTrader, AI-generated assets made up one-sixth of newly uploaded models, but just 2.6% of sales.

By Sasha RogelbergAugust 20, 2026
Amazon isn’t giving up on Jeff Bezos’ drone deliveries dream—and after 13 years of turbulence, the momentum is finally shifting

The e-commerce giant announced it is expanding drone delivery to nearly 500 U.S. cities and towns by the end of this year, a sixfold increase from its current capabilities.

By Sebastian HerreraAugust 19, 2026
Bitcoin posts surprise rally as currency nears $70,000 for the first time since June

The U.S. Treasury’s bond-buyback announcement helped send Bitcoin up nearly 6% with one analyst saying a broader recovery may be afoot.

By Camila Grigera NaónAugust 19, 2026
Google and the UK think changing flights paths could cut down on climate change

A 30-month, $6.76 million trial will nudge hundreds of flights off course over the Atlantic to test whether contrails can be engineered away.

By Jennifer McDermott and The Associated PressAugust 19, 2026
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Latest stories from Fortune
Zynga founder Mark Pincus: AI can get you to a B-plus, but it won’t get you to an A
Newsletters
Zynga founder Mark Pincus: AI can get you to a B-plus, but it won’t get you to an A
By Diane BradyAugust 20, 2026
Amazon can’t quit Bezos’ drone dream
Newsletters
Amazon can’t quit Bezos’ drone dream
By Alexei OreskovicAugust 20, 2026
Current ARM mortgage rates report for Aug. 20, 2026
Personal Finance
Current ARM mortgage rates report for Aug. 20, 2026
By Glen Luke FlanaganAugust 20, 2026
Mortgage rates today, Aug. 20, 2026: Rates remain elevated
Personal Finance
Mortgage rates today, Aug. 20, 2026: Rates remain elevated
By Glen Luke FlanaganAugust 20, 2026
Current refi mortgage rates report for Aug. 20, 2026
Personal Finance
Current refi mortgage rates report for Aug. 20, 2026
By Glen Luke FlanaganAugust 20, 2026
A SpaceX rocket carved out a crater on the moon as long as a bowling lane with ‘butterfly wing’ streaks
Innovation
A SpaceX rocket carved out a crater on the moon as long as a bowling lane with ‘butterfly wing’ streaks
By The Associated Press and Marcia DunnAugust 19, 2026
Photo of a dog in a kennel
North America
Texas’ screwworm could be fatal for the unadopted dogs and cats in rescue shelters statewide
By The Associated Press and John HannaAugust 19, 2026
A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison
Politics
A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison
By Michael Kunzelman and The Associated PressAugust 19, 2026
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bank
Banking
Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’
By Ken Sweet and The Associated PressJuly 18, 2026
tourism
Travel & Leisure
‘They put 100% effort into looking after you’: Wary soccer fans stunned by a look at the real America, not the image they’ve been sold by the media
By Sarah Raza and The Associated PressJuly 18, 2026
dna
Law
‘My mind was just completely blown’: 2 families sue hospital after DNA proves their kids were switched at birth 38 years ago
By Mikella Schuettler, Thomas Peipert, Gene Johnson and The Associated PressJuly 18, 2026
Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history
Politics
Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history
By Will Weissert and The Associated PressJuly 18, 2026
time
Commentary
It’s time to dump time zones
By Steve H. HankeJuly 18, 2026
Photo of David Solomon
Success
Goldman Sachs CEO says he’d hire someone ‘smart enough’ over the smartest person in the world because ultimately experience trumps brains
By Emma BurleighJuly 18, 2026
Backstabbing is the new office norm: Gen Z and millennials are blame-shifting, snitching, and setting others up to fail—but so are managers
Success
Backstabbing is the new office norm: Gen Z and millennials are blame-shifting, snitching, and setting others up to fail—but so are managers
By Orianna Rosa RoyleJuly 18, 2026
Landon Donovan, wearing a suit and holding a microphone, smiles.
Success
U.S. soccer star Landon Donovan was raised by a single mom and said he wouldn’t break though today because youth sports have gotten too expensive
By Sasha RogelbergJuly 18, 2026
ives
Banking
‘I’m an example of what I’ve preached’: Dan Ives knows AI has a ‘PR problem’ but it led to his massive career change after 25 years on Wall Street
By Nick LichtenbergJuly 18, 2026
pt
Politics
Peter Thiel just gave the public its closest look yet at his ‘Antichrist’ theory—and it’s a tech and climate regulator
By Nick LichtenbergJuly 18, 2026
Svenja Gudell, Chief Economist, Indeed
Commentary
Indeed chief economist: Aging Baby Boomers are America’s real labor problem, not AI
By Svenja GudellJuly 18, 2026
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
Investing
SpaceX stock falls back to earth shortly after Wall Street analysts release florid targets: ‘Paving the superhighway to the stars’
By Shawn TullyJuly 18, 2026
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
Cybersecurity
Cybercriminals are cashing in on the World Cup by selling stolen streaming accounts
By Tatiana SatauaJuly 18, 2026
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
Economy
After the Supreme Court killed his first tariffs, Trump turns to a new legal workaround to impose 25% tariffs on Brazil and possibly others
By Marco Quiroz-GutierrezJuly 17, 2026
The Best Vitamins for Kids (2026): Support Their Immunity, Growth, and More
Health
The Best Vitamins for Kids (2026): Support Their Immunity, Growth, and More
By Emily PharesJuly 17, 2026
Commercial auto insurance explained for business owners
Personal Finance
Commercial auto insurance explained for business owners
By Joseph HostetlerJuly 17, 2026
So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits
Investing
So you want to buy a sports franchise? Why entering sports ownership gives the rich a ‘very elite and exclusive club’ with great tax benefits
By Catherina GioinoJuly 17, 2026
Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders
Success
Jensen Huang’s signature black leather jacket just sold at Sotheby’s for nearly $1 million—and the money is going to young tech builders
By Sydney LakeJuly 17, 2026
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
AI
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
By Tatiana SatauaJuly 17, 2026
NordicTrack X24 Treadmill Review (2026): Expert Reviewed
Health
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By Christina SnyderJuly 17, 2026
Sarah Friar, CFO of OpenAI
AI
OpenAI’s CFO: 4 questions that reveal if your AI spend is paying off
By Sheryl EstradaJuly 17, 2026
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Asia
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
By Nicholas GordonJuly 17, 2026
Raj Subramaniam, CEO of FedEx
Success
FedEx’s CEO landed his first job by taking a roommate’s abandoned interview. Now he’s running a $75 billion shipping giant
By Emma BurleighJuly 17, 2026
Spain's national team players stand on the left while Argentina's national players stand on the right.
Crypto
World Cup final is already the biggest ever prediction market as Kalshi bets top $1.27 billion—with Spain favored to beat Argentina
By Camila Grigera NaónJuly 17, 2026
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
AI
The AI boom is increasingly built on debt, but investor demand is plunging just as hyperscalers ramp up their bond blitz
By Jason MaJuly 17, 2026
koch
Retail
‘What a wonderful group of people’: Sam Adams beer founder said the Scots were consuming one every 12 seconds at their World Cup peak
By Dee-Ann Durbin and The Associated PressJuly 17, 2026
heat
Environment
Europe’s lack of preparation for the brutal heat wave this year killed an extra 10,000 people, records show
By The Associated PressJuly 17, 2026
xi
AI
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’
By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
white house
North America
Broadcast networks wrestle with whether to air Trump’s conspiracy theories or get sanctioned for dropping him
By Jocelyn Noveck and The Associated PressJuly 17, 2026
dna
North America
How a Californian DNA lab solved the oldest John Doe in American history
By Allen Breed and The Associated PressJuly 17, 2026
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Personal Finance
Current price of oil as of August 19, 2026placeholder alt text
By Joseph HostetlerAugust 19, 2026
Newsletters
Iran has Trump right where it wants him and suggests he seek 'a dignified exit'placeholder alt text
By Jim EdwardsAugust 19, 2026
Economy
Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'placeholder alt text
By Nick LichtenbergAugust 19, 2026
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