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

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

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Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'

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Current price of oil as of August 20, 2026

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Phoebe Gates took a secret Stanford class on how to ‘rule the world’—and reportedly recruited employees for her startup accused of wire fraud

Phoebe Gates took a secret Stanford class on how to ‘rule the world’—and reportedly recruited employees for her startup accused of wire fraud

An off-the-record university course helped Gates recruit for Phia, and former students claim the class taught a ruthless hunger for profit.

By Sarah GlodekAugust 21, 2026

wfh

AI will not give you Fridays off

By Dan SchawbelAugust 21, 2026

A cheerful woman in yellow headphones waves at her laptop during a video call.

Despite CEOs like Elon Musk pushing in-person office work, a major study of 7,000 workers says remote employees are just as connected—and more engaged

By Preston ForeAugust 21, 2026

Fortune 500 Power Moves: Which executives gained and lost power, Aug. 8-21

Fortune 500 Power Moves: Which executives gained and lost power, Aug. 8-21

By Fortune EditorsAugust 21, 2026

Meghan, Duchess of Sussex and Prince Harry, Duke of Sussex

Harry and Meghan’s homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune

By Emma BurleighAugust 21, 2026

The trick to getting kids to stop trusting AI: Ask it to draw a map of the world

The trick to getting kids to stop trusting AI: Ask it to draw a map of the world

By Jocelyn Gecker, Russ Bynum and The Associated PressAugust 21, 2026

More in Future of Work

sanjot

AI productivity tools are overhyped and overfunded. Investors should look elsewhere

Over 50 years ago, Charlie Munger convinced his best friend Warren Buffett to ditch the proverbial cheap cigar butts for durable, high-quality businesses.

By Sanjot MalhiAugust 21, 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

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

Nneka Ogwumike’s WNBA legacy isn’t just her 11 All-Star nods. It’s a 364% pay raise for the players

The president of the WNBA players’ union is retiring after 15 seasons—and a labor agreement that’s historic across professional sports.

By Emma HinchliffeAugust 20, 2026

More in Future of Work

More in Success

Philanthropy has long been dominated by the wealthy. This $12 million campaign wants Black Gen Z to see it differently

Philanthropy has long been dominated by the wealthy. This $12 million campaign wants Black Gen Z to see it differently

BackBlack is betting that thousands of small donations can help underfunded Black-led nonprofits rely less on wealthy benefactors.

By James Pollard and The Associated PressAugust 21, 2026

MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar

The billionaire’s unrestricted gifts to 16 institutions reflect a giving philosophy built on trusting recipients to know their own communities best.

By Sydney LakeAugust 21, 2026

Baby boomers look richer than ever—but many are retiring with record levels of debt

Decades of home-price gains made older Americans wealthy on paper. Debt and rising costs are making that wealth harder to live on

By Mia OsmonbekovAugust 21, 2026

Billionaire Jeff Bezos once asked Warren Buffett why so few people copy his strategy—now he’s backing $7 billion Liverpool FC

If Amazon founder Jeff Bezos takes his own Warren Buffet-inspired advice, Liverpool fans can expect him to stick around for at least seven years.

By Orianna Rosa RoyleAugust 21, 2026

More in Success

More in C-Suite

CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic

CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic

The next generation of CFOs stepping in may be younger and less experienced.

By Sheryl EstradaAugust 21, 2026

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

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

Supermicro investigation clears CEO in alleged $2.5 billion smuggling scheme while a criminal trial involving a cofounder is set for next year

The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered company.

By Amanda GerutAugust 20, 2026

More in C-Suite

Workplace Culture

More in Workplace Culture

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

“I was in my bedroom,” OPM director Scott Kupor said in an all-hands meeting this week. “I was trying to find something that was not recognizable as being in my house, basically.”

By Sasha RogelbergAugust 20, 2026

Millionaire Mel Robbins says her waitressing boss taught her how to spot the most influential person in the room: ‘It’s never who you think it is’

“The Mel Robbins Podcast” host says the most powerful person in the room is “never who you think it is.”

By Emma BurleighAugust 19, 2026

Like Nvidia’s Jensen Huang, Siemens’ CEO has no recurring meetings with direct reports to save time—he also replies to emails with just ‘OK’ or ‘No’

CEO of $256 billion Siemens, Roland Busch, replies to emails with just ‘OK’ or ‘No.’ Anything longer, and the boomer will voice note his team on the move.

By Preston ForeAugust 17, 2026

Dropbox co-CEO has just shared the simple rule he follows for when to turn down a meeting

Dropbox co-CEO Ashraf Alkarmi writes down five goals each quarter—if ‘I get meetings that are not related to these things, I don’t go,” he says.

By Emma BurleighAugust 18, 2026

More in Workplace Culture

Latest stories from Fortune

Jeff Bezos and Lauren Sánchez at the Dior fashion show as part of Haute Couture Spring/Summer 2026 held at the Musée Rodin.

Membership into Miami’s most exclusive club is something money can’t buy—and Jeff Bezos is among those standing outside, looking in

By Joshua HongAugust 21, 2026

Where Bumble’s ex-CEO is going next and other female exec moves to know

Where Bumble’s ex-CEO is going next and other female exec moves to know

By Emma HinchliffeAugust 21, 2026

‘Take time in quiet’: Melinda French Gates says to spend at least 10 minutes a day on self-care

‘Take time in quiet’: Melinda French Gates says to spend at least 10 minutes a day on self-care

By Sarah GlodekAugust 21, 2026

Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns

By Jason MaAugust 21, 2026

flight

‘Adding insult to injury’: Flight attendants accuse Google of creepy deal to access ‘confidential’ data for AI in Spirit Airlines transaction

By Joshua HongAugust 21, 2026

US President Donald Trump delivers remarks during a meeting with cryptocurrency executives in the Roosevelt Room of the White House.

Trump admits tariffs are a tax on America’s love for hamburgers and allows 300,000 metric tons of ground beef imports at ‘below current market prices’

By Joshua HongAugust 21, 2026

CEO of viral backflipping robot company says robots are still years from ‘ChatGPT moment,’ even after investors sent his stock soaring 460%

CEO of viral backflipping robot company says robots are still years from ‘ChatGPT moment,’ even after investors sent his stock soaring 460%

By Marco Quiroz-GutierrezAugust 21, 2026

Eric Schmidt, chief executive officer of Relativity Space and former chief executive officer of Google, during the America Business Forum in Miami, Florida.

Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent

By Joshua HongAugust 21, 2026

More LeadershipPage 17 of 100

Morgan Stanley headquarters building in New York City.

Morgan Stanley is riding high on the IPO boom with 70% of the top 100 unicorns in its pipeline, CFO says

By Sheryl EstradaJuly 16, 2026

Economy
United States’ $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
By Eleanor PringleJuly 14, 2026

Arts & Entertainment

‘I took my fat behind off the coach and tried something new!’: George Santos lands starring role on Fox reality show

By Anthony Izaguirre and The Associated PressJuly 16, 2026

tony

Genesys CEO: We can see firsthand how AI is changing — not replacing — work

By Tony BatesJuly 16, 2026

cape

The legend of Cape Verde: How an island of half a million built the best team at the World Cup

By André MartinJuly 16, 2026

As banks post blowout earnings, CEOs reckon with America’s inequality gap

As banks post blowout earnings, CEOs reckon with America’s inequality gap

By Diane BradyJuly 16, 2026

The MacKenzie Scott paradox: How a bull market lets billionaires give away tens of billions without getting poorer

The MacKenzie Scott paradox: How a bull market lets billionaires give away tens of billions without getting poorer

By Sydney LakeJuly 16, 2026

Newsletters
MassMutual CEO says Americans’ share of the U.S. debt is going up $10 a day
By Diane BradyJuly 14, 2026

ibm

‘We did not adapt and move quickly enough’: IBM CEO’s admission of weakness fails to prevent historic 25% stock crash

By Tatiana SatauaJuly 15, 2026

cdc

CDC nominee refuses to say if she’d defy RFK Jr. on vaccine orders

By Mike Stobbe and The Associated PressJuly 15, 2026

Chipotle is trying to take over Mexico through its softest border town

Chipotle is trying to take over Mexico through its softest border town

By Mia OsmonbekovJuly 15, 2026

Murati’s Thinking Machines releases first AI model for broad use

Murati’s Thinking Machines releases first AI model for broad use

By Shirin Ghaffary and BloombergJuly 15, 2026

Job interview in office

The $21 billion company behind Eventbrite, Vimeo, and AOL has just revealed how it picked 286 out of 800,000 job applications

By Emma BurleighJuly 15, 2026

C-Suite
How Adobe’s CMO is preparing for the AI-powered era of brand discovery
By Ruth UmohJuly 14, 2026

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

By Fortune EditorsJuly 15, 2026

Jon Gray

Blackstone’s president tells Gen Z that just being nice could land them a promotion because ‘people want you to win if you treat them in a good way’

By Preston ForeJuly 15, 2026

odu

This marine biologist warned that coral loss could collapse the oceans. Then 3 men walked into his house and shot him

By The Associated PressJuly 15, 2026

Bank of America CFO Alastair Borthwick

Bank of America’s AI bet is starting to pay off, its CFO says

By Sheryl EstradaJuly 15, 2026

Is your AI really working? Why productivity isn’t the same as progress

Is your AI really working? Why productivity isn’t the same as progress

By Jamie GarverickJuly 15, 2026

France will take home at least $27 million from the World Cup—but star player Kylian Mbappé is set to give away his entire share of the prize money

France will take home at least $27 million from the World Cup—but star player Kylian Mbappé is set to give away his entire share of the prize money

By Orianna Rosa RoyleJuly 15, 2026

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview at the JPMorgan Global Markets Conference in Paris, France, on Tuesday, May 12, 2026.

Jamie Dimon understands why people are anti-rich: ‘We have, in fact, left the lower-income folks behind’ and ‘that’s kind of annoying’

By Eleanor PringleJuly 15, 2026

A year after founder Fred Smith’s death, FedEx’s CEO charts his own path

A year after founder Fred Smith’s death, FedEx’s CEO charts his own path

By Alyson ShontellJuly 15, 2026

Billionaire Richard Branson says copying his 5 a.m. morning routine won’t make you successful—and will just cause ‘more burnout than breakthroughs’

Billionaire Richard Branson says copying his 5 a.m. morning routine won’t make you successful—and will just cause ‘more burnout than breakthroughs’

By Orianna Rosa RoyleJuly 15, 2026

A leadership consultant’s warning to managers: Don’t mistake grief for underperformance

Workplace Culture

A leadership consultant’s warning to managers: Don’t mistake grief for underperformance

By Mikaela Cohen and HR BrewJuly 14, 2026

Kids near table in a school setting

Native American graduation rates hit a record high but tribal leaders fear Trump-era cuts could reverse the gains

By The Associated Press and Savannah PetersJuly 14, 2026

‘Close to as good as it gets’: Jamie Dimon just offered another warning on bubbly markets as Wall Street had a monster quarter

‘Close to as good as it gets’: Jamie Dimon just offered another warning on bubbly markets as Wall Street had a monster quarter

By Mia OsmonbekovJuly 14, 2026

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

By Marco Quiroz-GutierrezJuly 14, 2026

Golfer at a bay.

Topgolf’s CEO thinks the sport’s next star could get their start at one of its driving ranges

By Catherina GioinoJuly 14, 2026

Ramp’s billionaire CEO ignores résumés and Ivy League degrees—he’s more interested in engineers who built Minecraft servers as teens

Ramp’s billionaire CEO ignores résumés and Ivy League degrees—he’s more interested in engineers who built Minecraft servers as teens

By Sydney LakeJuly 14, 2026

JPMorgan’s Jamie Dimon

JPMorgan CEO Jamie Dimon says he’s eyeing up book deals and teaching gigs when he steps away from his decades-long career at the banking giant

By Emma BurleighJuly 14, 2026

Elon Musk

Elon Musk’s dream of colonizing Mars could come sooner than fixing the ‘broken’ workplace, CEO says—as worker disengagement costs $10 trillion a year

By Preston ForeJuly 14, 2026

board

The four hidden landmines destroying your team’s performance

By Susan MacKenty Brady, Stuart D. Kliman and Leslie C. SmithJuly 14, 2026

jobs

Black women’s unemployment rate fell. That’s not the good news you think it is

By Katica RoyJuly 14, 2026

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Most Popular

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

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By Jordan BlumAugust 20, 2026

Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'

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By Nick LichtenbergAugust 20, 2026

Personal Finance

Current price of oil as of August 20, 2026

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By Joseph HostetlerAugust 20, 2026

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