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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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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
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Future of Work
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 enterprise complexity. Rewiring 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
Success
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
C-Suite
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
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A trader trading crypto on their phone.
Crypto
Bitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder
By Camila Grigera NaónAugust 21, 2026
Jeff Bezos and Lauren Sánchez at the Dior fashion show as part of Haute Couture Spring/Summer 2026 held at the Musée Rodin.
Real Estate
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
Newsletters
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
MPW
‘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
Economy
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
Cybersecurity
‘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.
North America
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%
Innovation
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
More LeadershipPage 21 of 100
k
Commentary
How Hollywood’s youngest filmmakers are exposing Gen Z’s real problem with AI
By Reid LitmanJuly 5, 2026
  • How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
    Newsletters
    How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
    By John KellJuly 1, 2026
Apple’s next CEO will oversee a $4 trillion tech giant, but isn’t on LinkedIn. Can today’s leaders still skip social media?
C-Suite
Apple’s next CEO will oversee a $4 trillion tech giant, but isn’t on LinkedIn. Can today’s leaders still skip social media?
By Rachel VentrescaJuly 5, 2026
Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years
Success
Despite return-to-office-crackdowns, remote work is alive and well as the rate has barely changed over the last two years
By Marco Quiroz-GutierrezJuly 5, 2026
werzyn
AI
The CEO using AI to double revenue with 1,000 fewer hires: ‘Nobody’s going to replace the last mile’
By Nick LichtenbergJuly 5, 2026
Like Netflix’s cofounder, U.S. Polo Assn. CEO has strict work-life boundaries—he clocks off at 5:30 p.m. and won’t text his team on weekends
Success
Like Netflix’s cofounder, U.S. Polo Assn. CEO has strict work-life boundaries—he clocks off at 5:30 p.m. and won’t text his team on weekends
By Orianna Rosa RoyleJuly 5, 2026
David Senra poses in a black shirt in front of bookshelves
Magazine
How David Senra built the podcast the world’s most powerful CEOs can’t stop listening to
By Lily Mae LazarusJuly 5, 2026
  • U.S. Polo Assn. CEO J. Michael Prince
    Success
    U.S. Polo Assn. CEO was flat-out told he wasn’t right for a promotion—so he ‘outworked’ anyone else who wanted the job for 6 months straight until they changed their mind
    By Orianna Rosa RoyleJuly 1, 2026
Older worker sad at laptop
Success
A quarter of young baby boomers and Gen Xers who’ve been laid off in the last decade are still unemployed—and 11% have taken pay cuts to work
By Emma BurleighJuly 4, 2026
usa
North America
Before independence, America tried — and failed — to conquer Canada
By Sarah M.S. Pearsall and The ConversationJuly 4, 2026
The 1964 box set that predicted Dylan going electric — and still explains American music today
Arts & Entertainment
The 1964 box set that predicted Dylan going electric — and still explains American music today
By Ted Olson and The ConversationJuly 4, 2026
Ejay O'Donnell, Bart Szaniewski, and Grant Eastey wear Dad Gang hats in a factory
Success
Three dads started selling hats from a garage with $750—now they’ve sold $35 million worth, partnered with Gary Vee, and grown a community of fathers
By Preston ForeJuly 4, 2026
loco
Travel & Leisure
The World Cup is just now discovering Middle America’s big heart. These Irish bingo kingpins built a $24 million business knowing it all along
By Nick LichtenbergJuly 4, 2026
  • Nikesh Arora, chief executive officer at Palo Alto Networks
    Success
    CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
    By Emma BurleighJuly 1, 2026
JPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart?
MPW
JPMorgan built a pipeline of female CEO candidates that was the envy of Wall Street. How did it fall apart?
By Emma HinchliffeJuly 4, 2026
Elon Musk with a black DOGE hat
Success
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
By Preston ForeJuly 4, 2026
‘It’s just his AI and my AI going back and forth’: The workplace phenomenon that’s undermining human relationships
Future of Work
‘It’s just his AI and my AI going back and forth’: The workplace phenomenon that’s undermining human relationships
By Jacqueline MunisJuly 3, 2026
Chad Hurley and Steven Chen wearing suits
Success
YouTube’s founders split over $650 million when they sold to Google in 2006—had they held out, they could have taken a slice of $550 billion
By Preston ForeJuly 3, 2026
2
Commentary
America’s secret weapon isn’t just innovation — It’s the freedom to fail
By Keith J. KrachJuly 3, 2026
Woman sitting in front of her house
Success
Airbnb offered $750 to Americans to open up their homes during the World Cup—mostly women took it up and now they’re earning thousands
By Emma BurleighJuly 3, 2026
Microsoft’s next big bet isn’t on a model but on becoming the Swiss Army knife of enterprise AI
AI
Microsoft’s next big bet isn’t on a model but on becoming the Swiss Army knife of enterprise AI
By Sheryl Estrada and Sebastian HerreraJuly 3, 2026
z
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
By Nick LichtenbergJuly 3, 2026
$25 billion CEO says one-hour interviews are a waste of time—he puts candidates through six hours of tests and wants them to order wine at lunch
Success
$25 billion CEO says one-hour interviews are a waste of time—he puts candidates through six hours of tests and wants them to order wine at lunch
By Orianna Rosa RoyleJuly 3, 2026
Most cancer philanthropy funds research. This winery cofounder is paying for the caregivers and chair lifts families can’t afford
Success
Most cancer philanthropy funds research. This winery cofounder is paying for the caregivers and chair lifts families can’t afford
By Sydney LakeJuly 3, 2026
Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’ 
Asia
Nissan CEO Ivan Espinosa was forced to put together a plan to save the Japanese carmaker in just six weeks: ‘I knew what had to be done’ 
By Andrew StaplesJuly 3, 2026
U.S. Treasury Secretary Scott Bessent
Economy
AI’s $2.2 trillion deficit fix is already half fake, economists say
By Tristan BoveJuly 2, 2026
Mark Zuckerberg, wearing a white shirt, smiles. He is standing in front of a crowd.
Success
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the ‘highest-quality beef in the world’ on his $300 million estate in Hawaii
By Sasha RogelbergJuly 2, 2026
Chris Hulatt co-founder of Octopus Group
Success
A 2-year taste of the office was enough to make 3 grads quit. Now they run a $13.2 billion investment firm: ‘We didn’t want a traditional job again’
By Orianna Rosa RoyleJuly 2, 2026
Woman taking photo in scenic landscape
Success
Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest
By Emma BurleighJuly 2, 2026
Jason Lemkin
Success
This investor won’t back startups unless staff are in the office 6 days a week: ‘Not because I don’t have empathy, because they’re going to fail’
By Preston ForeJuly 2, 2026
The true cost of Donald Trump’s $2.2 billion year
Newsletters
The true cost of Donald Trump’s $2.2 billion year
By Diane BradyJuly 2, 2026
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
Success
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
By Orianna Rosa RoyleJuly 2, 2026
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
Investing
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
By Catherina GioinoJuly 1, 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
Economy
Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'placeholder alt text
By Nick LichtenbergAugust 20, 2026
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Current price of oil as of August 20, 2026placeholder alt text
By Joseph HostetlerAugust 20, 2026
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