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Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

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Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161

3

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

1

Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

2

Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161

3

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
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Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO

In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion

By Nicholas GordonAugust 20, 2026
The Best Face Sunscreens in 2026: SPF Options for Everyday Wear
The Best Face Sunscreens in 2026: SPF Options for Everyday Wear
By Emily PharesAugust 20, 2026
seated man speaks into microphone
Supermicro investigation clears CEO in alleged $2.5 billion smuggling scheme while a criminal trial involving a cofounder is set for next year
By Amanda GerutAugust 20, 2026
Scott Kupor, wearing a suit, looks forward and frowns.
Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion
By Sasha RogelbergAugust 20, 2026
President Donald Trump speaks during a meeting with technology leaders in the Roosevelt Room of the White House.
Trump oblivious to voter fury about data centers, saying ‘the jobs are enormous and the money paid, the taxes paid, are just enormous’
By Jesse Bedayn, Marc Levy, Scott Bauer and The Associated PressAugust 20, 2026
A sign stands outside the main gate of Fort Stewart, Ga.
Army unit offers ‘special 4 day pass’ to play Grand Theft Auto VI for reenlisted troops as part of ‘unique incentives program’
By Russ Bynum and The Associated PressAugust 20, 2026
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Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’

“We can grow our way out of that,” the Treasury Secretary told CNBC on Thursday.

By Nick LichtenbergAugust 20, 2026
Another Democratic primary, another shocking DSA upset as Angie Nixon adds to moderates’ heartburn over seemingly unstoppable wave

“If you’re surprised by tonight’s election results, you haven’t been paying enough attention,” said Britney Whaley of the Working Families Party.

By The Associated Press and Matt BrownAugust 20, 2026
Exclusive: Venezuela, sick with hyperinflation, engages the ‘money doctor’ Steve Hanke for a dose of dollarization medicine

The Johns Hopkins professor has spent five decades traveling the world, fighting for the cause of sound money. He’s taking on his biggest dragon yet.

By Shawn TullyAugust 20, 2026
‘Game-changer’ GLP-1s could fix America’s obesity crisis—but 2 inequalities stand in the way

Wells Fargo Industry Insights’ Robin Wenzel says the drugs are rewriting healthcare economics, but the math doesn’t “pencil out” too often.

By Nick LichtenbergAugust 20, 2026
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North America
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Bessent becomes most interventionist Treasury chief in decades
Bessent becomes most interventionist Treasury chief in decades

Expanded bond buybacks and yen purchases mark an unusually activist approach, but widening deficits could limit its effectiveness

By Christopher Anstey, Jorgelina do Rosario, Michael Mackenzie, Greg Ritchie and BloombergAugust 20, 2026
Facing weary customers, Walmart will use its nearly $3 billion in tariff refunds to lower prices

Walmart passed on tariff-related costs last year and is now trying to lower prices as shares fell nearly 9% after its U.S. sales growth hit a six-year low.

By Mia OsmonbekovAugust 20, 2026
Moderna co-founder is a billionaire once again at $1.7 billion—he once turned down 20 high-paying job offers to ‘have more of an impact on the world’

Billionaire biotech pioneer Robert Langer advises workers to do what makes them happy over money and job security: “If you give up too easily, that’s not good.”

By Emma BurleighAugust 20, 2026
One U.S. Army unit is offering 4-days off to play Grand Theft Auto—but there’s a catch: they’ll have to reenlist if they take the day off to play

From the Army to small businesses: organizations are getting ahead of the GTA VI launch curve—and giving days off to steal virtual cars.

By Preston ForeAugust 20, 2026
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Asia
More in Asia
Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton
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
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
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Global
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Senators demand answers from TikTok About ‘depraved’ experiment
Senators demand answers from TikTok About ‘depraved’ experiment

The company withheld an algorithmic safeguard from roughly 15 million users, including minors, according to a confidential internal document.

By Olivia Carville and BloombergAugust 20, 2026
The AI industry is getting better at spotting dangerous behavior. It is less clear that labs know how to stop it.

Recent incidents involving OpenAI, Anthropic, and Meta show what happens when increasingly capable AI agents are tested in flawed environments. A new assessment finds leading labs are better at spotting risky behavior than reliably stopping it.

By Beatrice NolanAugust 20, 2026
Gen Z forced to rewrite the American Dream in the ‘Great Postponement’: Fixer-uppers, side hustles and doing life out of order

“We’ve not seen challenges in terms of affordability like this in more than a generation,” said Wharton professor Susan Wachter.

By Tatiana SatauaAugust 20, 2026
Bill Ackman’s $400 million brain institute was inspired by his daughter—and built outside elite universities, which he says are losing talent

The billionaire investor said campus politics and funding cuts have made academia less attractive

By Mia OsmonbekovAugust 20, 2026
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What a decade as president of the WNBA players’ union taught Nneka Ogwumike about leadership
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What a decade as president of the WNBA players’ union taught Nneka Ogwumike about leadership
By Emma HinchliffeAugust 20, 2026
Nneka Ogwumike’s WNBA legacy isn’t just her 11 All-Star nods. It’s a 364% pay raise for the players
MPW
Nneka Ogwumike’s WNBA legacy isn’t just her 11 All-Star nods. It’s a 364% pay raise for the players
By Emma HinchliffeAugust 20, 2026
The U.S. cabinet faces some tough budgetary decisions.
Economy
As U.S. debt hits $40 trillion, Americans will foot the bill: $700 a month for retirees, and homebuyers could take a $53,000 hit, report finds
By Eleanor PringleAugust 20, 2026
Your next oil change is becoming a bigger part of car dealers’ business as profits cool and service departments make up the difference
Retail
Your next oil change is becoming a bigger part of car dealers’ business as profits cool and service departments make up the difference
By Marco Quiroz-GutierrezAugust 20, 2026
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Personal Finance
Current price of gold as of August 20, 2026
By Danny BakstAugust 20, 2026
Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
Politics
Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
By Bill Barrow, Steven Sloan and The Associated PressAugust 20, 2026
The great climate change Champagne race, as grape ripening shrinks from 100 to 80 days: ‘We’ve never seen anything like it’
Environment
The great climate change Champagne race, as grape ripening shrinks from 100 to 80 days: ‘We’ve never seen anything like it’
By Sylvie Corbet, Nicolas Garriga and The Associated PressAugust 20, 2026
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Politics
The military’s own newspaper is too ‘woke’ for Pete Hegseth as longtime Stars and Stripes publisher retires after decades of service
By Jocelyn Noveck and The Associated PressAugust 20, 2026
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Senators are particularly concerned about the $300 billion fund for Iranian reconstruction as Congress asks if war was worth it
Politics
Senators are particularly concerned about the $300 billion fund for Iranian reconstruction as Congress asks if war was worth it
By Lisa Mascaro and The Associated PressJune 20, 2026
Iran closes Strait of Hormuz again, citing Israel’s attacks in Lebanon, and downplays delayed talks with U.S. that will begin in Switzerland
Middle East
Iran closes Strait of Hormuz again, citing Israel’s attacks in Lebanon, and downplays delayed talks with U.S. that will begin in Switzerland
By The Associated PressJune 20, 2026
Patricia Camden is EY Studio+ Customer Experience and Loyalty Leader
Commentary
EY: we found your biggest AI blind spot. It’s called the ‘tempo gap’
By Patricia Camden and John DuboisJune 20, 2026
PHILADELPHIA, PA - OCTOBER 11: Marques Colston #12 of the New Orleans Saints stands on the field before a football game against the Philadelphia Eagles at Lincoln Financial Field on October 11, 2015 in Philadelphia, Pennsylvania.
Investing
A Saints legend is selling fans a piece of professional sports for $500
By Eva RoytburgJune 20, 2026
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Success
Nvidia CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world
By Preston ForeJune 20, 2026
A man helps a woman pick meat in the grocery store
Economy
Beef is becoming a luxury as prices stay at record highs. They likely won’t come down until 2028, says Farm Bureau
By Jacqueline MunisJune 20, 2026
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Commentary
GoDaddy Corporate Domains chief: The next Internet land rush is happening right now
By Phil LodicoJune 20, 2026
Executive pay climbed again in 2025—and the CEO-to-worker gap kept widening
C-Suite
Executive pay climbed again in 2025—and the CEO-to-worker gap kept widening
By Catherina GioinoJune 20, 2026
Female student reading in empty classroom auditorium, low angle view
Economy
The Great Recession’s missing children are finally bringing college’s financial crisis into sight. Welcome to the ‘enrollment volatility’ era
By Tristan BoveJune 20, 2026
Why odds of SpaceX merger with Tesla keep climbing every time the stock shoots up
Big Tech
Why odds of SpaceX merger with Tesla keep climbing every time the stock shoots up
By Shawn TullyJune 20, 2026
Pico Lopes #4 of Cabo Verde looks on during the FIFA World Cup 2026
Success
Cape Verde’s Roberto Lopes was working at a bank when he was recruited on LinkedIn to play soccer—he thought it was spam, now he’s at the World Cup
By Preston ForeJune 20, 2026
SpaceX executives celebrate the IPO with confetti
C-Suite
Meet the SpaceX insiders Elon Musk trusts to run his $2.4 trillion dollar empire
By Lily Mae LazarusJune 20, 2026
With the exits of Apple’s Tim Cook and Dow’s Jim Fitterling, the Fortune 500 is losing two groundbreaking gay CEOs—leaving just one 
C-Suite
With the exits of Apple’s Tim Cook and Dow’s Jim Fitterling, the Fortune 500 is losing two groundbreaking gay CEOs—leaving just one 
By Phil WahbaJune 20, 2026
Both U.S. and Chinese AI firms are setting up shop in Singapore. Can the country become Asia’s neutral AI hub?
Asia
Both U.S. and Chinese AI firms are setting up shop in Singapore. Can the country become Asia’s neutral AI hub?
By Angelica AngJune 19, 2026
Exclusive: Azzi Fudd joins Project B, the international league chasing a billion-dollar opportunity in global basketball
MPW
Exclusive: Azzi Fudd joins Project B, the international league chasing a billion-dollar opportunity in global basketball
By Emma HinchliffeJune 19, 2026
The Best Folding Treadmills of 2026: Expert Tested
Health
The Best Folding Treadmills of 2026: Expert Tested
By Christina SnyderJune 19, 2026
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Commentary
I watched enterprises buy AI that solved the wrong problem. So I left Dell and built a startup to fix it
By Ganesh PadmanabhanJune 19, 2026
The highest-paid hospital CEO made $43 million last year all while Americans hold $220 billion in medical debt
Health
The highest-paid hospital CEO made $43 million last year all while Americans hold $220 billion in medical debt
By Cassie McGrath and Healthcare BrewJune 19, 2026
Sam Altman looks down and to the side, frowning.
AI
Sam Altman was ‘0%’ excited to be a CEO of a public company—but OpenAI is taking steps to compete in the AI IPO blitz anyway
By Sasha RogelbergJune 19, 2026
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
Environment
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
By Sydney LakeJune 19, 2026
A shopper looks at a beverage display June 4, 2026 at the Market 32 Supermarket in South Burlington, Vermont.
Economy
Miserable K-shaped economy might actually be fading, as lower-income families bounce back, says Bank of America
By Eleanor PringleJune 19, 2026
Samantha Gloede
Commentary
Boards must avoid sleepwalking into the AI era. KPMG’s Global AI risk chief has a survival guide
By Samantha GloedeJune 19, 2026
Piyush Patel
Commentary
Black Friday already sorted the winners from the losers. Your industry is next
By Piyush PatelJune 19, 2026
audrey
Commentary
Aflac general counsel: Georgia lawmakers took a crucial step forward on sickle cell disease – but there’s more work to be done
By Audrey Boone TillmanJune 19, 2026
TIAA President and CEO Thasunda Brown Duckett on Fortune’s 'Titans and Disruptors of Industry' podcast.
Success
‘Work-life balance is a lie’: TIAA’s CEO broke down at a bus terminal after a long work day, then found a better way to think about it
By Emma BurleighJune 19, 2026
How FIFA restructured the World Cup into its biggest payday ever, as host cities face a budget shortfall
Economy
How FIFA restructured the World Cup into its biggest payday ever, as host cities face a budget shortfall
By Catherina GioinoJune 19, 2026
Arianna Huffington swears by one boundary to switch off from work every night—and Ralph Lauren’s CHRO says it’s the best thing she’s ever done too
Success
Arianna Huffington swears by one boundary to switch off from work every night—and Ralph Lauren’s CHRO says it’s the best thing she’s ever done too
By Orianna Rosa RoyleJune 19, 2026
The $17 billion mistake hidden inside SpaceX’s blockbuster IPO
Investing
The $17 billion mistake hidden inside SpaceX’s blockbuster IPO
By Shawn TullyJune 19, 2026
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Commentary
Four AI giants just raised $188 billion. Here’s how to survive the Big AI-pocalypse
By Carl Fritjofsson and Cameron SellersJune 19, 2026
Pete Hegseth and Emil Michael walk next to each other.
AI
The Pentagon claims a 1,775% boost in AI use is paying off the DOGE promise a year later—but adoption is still under 50%
By Sasha RogelbergJune 19, 2026
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Energy
Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’placeholder alt text
By Jordan BlumAugust 20, 2026
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Teachers in one of San Francisco's richest suburbs are so underpaid that a philanthropist just gave each of them $9,161placeholder alt text
By Sydney LakeAugust 20, 2026
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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 techplaceholder alt text
By Tatiana SatauaAugust 20, 2026
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