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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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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
Current price of gold as of August 20, 2026
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
Photo of Stars and Stripes newspaper
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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Twilio CFO on the turnaround that won back Wall Street
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Twilio CFO on the turnaround that won back Wall Street
By Sheryl EstradaJune 15, 2026
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Environment
Wind industry accuses Pentagon of stealth $47 billion freeze on clean energy in 21 states
By Jennifer McDermott and The Associated PressJune 15, 2026
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Arts & Entertainment
Steven Spielberg takes top spot in box office with ‘Disclosure Day’ performing as expected
By Jake Coyle and The Associated PressJune 15, 2026
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Big Tech
Fox is buying Roku for $22 billion to become the third-largest U.S. TV platform
By Michelle Chapman and The Associated PressJune 15, 2026
Rich-kid summer camp now runs up to $17,000—and comes with 15 tennis courts, podcasting classes, and parents who bring the housekeeper
Travel & Leisure
Rich-kid summer camp now runs up to $17,000—and comes with 15 tennis courts, podcasting classes, and parents who bring the housekeeper
By Brendan Cosgrove and Morning BrewJune 15, 2026
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Arts & Entertainment
Tyra Banks sues Netflix for defamation over ‘Next Top Model’ documentary editing
By The Associated PressJune 15, 2026
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Arts & Entertainment
Eruption of Knicks mania in Manhattan includes 17-year-old getting shot on 42nd street
By Michael R. Sisak, Shelby Lum and The Associated PressJune 15, 2026
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Europe
Meloni was about to become Italy’s longest-serving leader. Then ‘Il Generale’ stole her right flank
By Giada Zampano and The Associated PressJune 15, 2026
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Health
FDA recalls Nara Organics baby formula after infant botulism cases in 3 states
By The Associated PressJune 15, 2026
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Europe
‘Duce! Duce!’ Tens of thousands march in Rome as a fascist-tinged deportation petition hits Parliament
By The Associated PressJune 15, 2026
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Europe
Trump sets dinner date at Versailles Palace with Macron after G7 Summit
By Darlene Superville, Aamer Madhani, Samuel Petrequin and The Associated PressJune 15, 2026
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Retail
Starbucks Korea called a tumbler ‘SS Tank’ on a military anniversary. Now every store is closing early
By Kim Tong-Hyung and The Associated PressJune 15, 2026
At Fortune Brainstorm Tech 2026, Chris Bedi, Chief Customer Officer and Enterprise AI Advisor, ServiceNow; China Widener, Vice Chair and US Technology, Media & Telecommunications Industry Leader, Deloitte; and Phil Wiser, Chief Technology Officer, Paramount, speak on a panel with Kristin Stoller, Fortune editorial director.
Newsletters
This tech CEO fired 80% of his workforce over AI resistance. Here’s what he’s learned since then
By Kristin StollerJune 15, 2026
Eric Nguyen, Michael Poli, Stefano Massaroli, and Armin Thomas stand and pose for a photo
AI
Exclusive: The researchers who built AI-generated DNA just raised $50 million to reinvent biology
By Lily Mae LazarusJune 15, 2026
The management lesson behind FedEx Freight’s break from FedEx
C-Suite
The management lesson behind FedEx Freight’s break from FedEx
By Ruth UmohJune 15, 2026
The SpaceX IPO marks a lopsided win for venture
Newsletters
The SpaceX IPO marks a lopsided win for venture
By Allie GarfinkleJune 15, 2026
SpaceX tokens are a bust on IPO day—but blame supply and demand, not crypto
Newsletters
SpaceX tokens are a bust on IPO day—but blame supply and demand, not crypto
By Jeff John RobertsJune 15, 2026
Trump gets the peace deal he wants and rages against Israel’s Netanyahu: ‘He has no f—ing judgement. I let him know that’
Economy
Trump gets the peace deal he wants and rages against Israel’s Netanyahu: ‘He has no f—ing judgement. I let him know that’
By Jim EdwardsJune 15, 2026
Animoca Brands cofounder Yat Siu argues Asia will fuse AI and the blockchain before the West does
Asia
Animoca Brands cofounder Yat Siu argues Asia will fuse AI and the blockchain before the West does
By Angelica AngJune 15, 2026
Gwynne Shotwell, President & COO, SpaceX
Startups & Venture
Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
By Eva RoytburgJune 15, 2026
Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and ‘I never cared about regime change’
Energy
Markets celebrate U.S.-Iran deal as both sides confirm this time is real. Trump says oil will flow and ‘I never cared about regime change’
By Jason MaJune 14, 2026
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
Energy
Oil and gas supplies could take months to return to normal after Iran deal, energy experts say
By Cathy Bussewitz and The Associated PressJune 14, 2026
Fortune Archives: A football sensation, captured as “a skinny 10-year-old boy”
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Fortune Archives: A football sensation, captured as “a skinny 10-year-old boy”
By Indrani SenJune 14, 2026
Trump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’
Politics
Trump says a deal has been reached with Iran and orders end to U.S. naval blockade as Hormuz to reopen — ‘Ships of the World, start your engines’
By Julia Frankel, Abby Sewell, Munir Ahmed, Will Weissert and The Associated PressJune 14, 2026
Social Security faces steep cuts. These senators want to bet on stocks and $27 trillion in debt to save it—but ‘the gamble does not always pay off’
Investing
Social Security faces steep cuts. These senators want to bet on stocks and $27 trillion in debt to save it—but ‘the gamble does not always pay off’
By Jason MaJune 14, 2026
Dario Amodei, Anthropic CEO
AI
How a warning from Amazon led the White House to shut down Anthropic’s Mythos model
By Beatrice NolanJune 14, 2026
Vietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
Commentary
Vietnam has bold plans for its economic future. It will need U.S. tech, capital, and speed to make them happen
By Brian McFeeters and Vu Tu ThanhJune 14, 2026
Iran pushes differing versions of deal as U.S. sticks to timeline
Politics
Iran pushes differing versions of deal as U.S. sticks to timeline
By Salma El Wardany, Arsalan Shahla and BloombergJune 14, 2026
Canadian Prime Minister Mark Carney warns U.S. restrictions on new Anthropic AI models show danger of relying too much on American providers
AI
Canadian Prime Minister Mark Carney warns U.S. restrictions on new Anthropic AI models show danger of relying too much on American providers
By Rob Gillies, Jason Ma and The Associated PressJune 14, 2026
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world’s top superpower can at least punch open a hole
Energy
Iran proved it can close the Strait of Hormuz, but the U.S. is advertising very loudly that the world’s top superpower can at least punch open a hole
By Jason MaJune 14, 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
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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
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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
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