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U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

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Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

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Current price of oil as of August 17, 2026

1

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

2

Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe

3

Current price of oil as of August 17, 2026
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Startups & Venture

Man speaks into a microphobe
AI gets its own “boiler room” scandal

The SEC accuses a Long Island firm of running a $74 million boiler room that sold retirees marked-up shares in Anduril, Anthropic, Perplexity, and SpaceX.

By Allie GarfinkleAugust 18, 2026
Photo of Palmer Luckey
A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he’s a billionaire who says the American Dream isn’t dead
By Orianna Rosa RoyleAugust 18, 2026
Bald man gesturing while talking
Andreessen Horowitz focus of DOJ probe over board directors
By Josh Sisco, Natasha Mascarenhas and BloombergAugust 17, 2026
Entrepreneur James Dacombe
Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europe
By Emma BurleighAugust 17, 2026
Unitree vs. Shein: How August’s big China IPOs show how AI hype is leaving e-commerce giants behind
Unitree vs. Shein: How August’s big China IPOs show how AI hype is leaving e-commerce giants behind
By Nicholas GordonAugust 17, 2026
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Meta heads to child safety trial facing financial damages as large as $1.4 trillion
By Barbara Ortutay and The Associated PressAugust 17, 2026
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Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
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Home Depot rides America’s housing affordability problem to sales increase on home DIY projects
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Data center gas plants to boost U.S. power emissions by 20%
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Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
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Biden’s favor to Trump on cheaper drug prices includes a largely forgotten law to make Medicare more powerful
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The gift of a garden: How Facebook’s Buy Nothing helped a teacher reinvent herself as an urban flower farmer for free
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Meet OpenAI’s ChatGPT for Teens, which doesn’t talk about sex or suicide and gives you homework help instead
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Exclusive: Corma raises $60 million from Sequoia for AI trained to defend against cyberattacks
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AI’s new millionaires want to disrupt philanthropy. They should fund what already exists
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Czech billionaires play outsized role in European M&A market
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By Eva RoytburgAugust 7, 2026
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AI’s new millionaires want to disrupt philanthropy. They should fund what already exists
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In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion
Newsletters
In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion
By Allie GarfinkleAugust 7, 2026
Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%
Investing
Singapore’s IPO reboot sees 3.5x the listings and over $3 billion raised, as reforms bring bourse revenue up 14%
By Angelica AngAugust 6, 2026
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Startups & Venture
SoftBank profits drop 18%, stock falls 4% in Tokyo
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SpaceX created a new class of ultrawealthy. Here’s what comes next
By Anastasia AtamanchukAugust 5, 2026
In its first deal since going public, Italian unicorn Bending Spoons buys Airtable at a $9 billion discount
Startups & Venture
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By Catherina GioinoAugust 5, 2026
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By Lily Mae LazarusAugust 5, 2026
Europe’s AI sovereignty is under threat. Could Mistral be the answer?
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By Beatrice NolanAugust 5, 2026
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DoorDash CEO Tony Xu once thought his $87 billion company would only make $100 million. He tells founders to be ‘greedy’ and dream bigger
By Emma BurleighAugust 4, 2026
Patrick Collison
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Despite dropping out of MIT to build $159 billion fintech Stripe, its CEO has a warning for Gen Z who want to copy him: ‘That was a poor intuition’
By Preston ForeAugust 4, 2026
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By Camila Grigera NaónAugust 4, 2026
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HappyRobot is worth $1.2 billion. Its founder says it’s just ‘getting started’
By Lily Mae LazarusAugust 4, 2026
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Sam Altman reveals the investing advice billionaire Peter Thiel gave him that helped him amass a $3.3 billion net worth without OpenAI equity
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SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents
AI
SoftBank, Hitachi, LG back Zenity’s $125 million Norwest-led round to police AI agents
By Nicholas GordonAugust 3, 2026
To power AI, Khosla and a16z bet this startup can reinvent mining
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To power AI, Khosla and a16z bet this startup can reinvent mining
By Allie GarfinkleAugust 3, 2026
CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’
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CXMT’s blockbuster IPO will test whether China’s memory makers are ready for the spotlight: ‘It does not yet mean China is broadly catching up’
By Angelica AngAugust 2, 2026
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He was homeless at 16. Now he sits on the board of David Beckham’s wellness company and his business is about to hit $1 billion in revenue
By Emma BurleighAugust 2, 2026
SpaceX’s record IPO is helping spur a new wave of startups aiming for orbit and opening a vast new market beyond Earth
Startups & Venture
SpaceX’s record IPO is helping spur a new wave of startups aiming for orbit and opening a vast new market beyond Earth
By Marco Quiroz-GutierrezAugust 2, 2026
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
Big Tech
Elon Musk’s fortune slumps to pre-SpaceX IPO levels after rout
By Tom Maloney and BloombergAugust 1, 2026
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Energy
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oilplaceholder alt text
By Sasha RogelbergAugust 17, 2026
Success
Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europeplaceholder alt text
By Emma BurleighAugust 17, 2026
Personal Finance
Current price of oil as of August 17, 2026placeholder alt text
By Joseph HostetlerAugust 17, 2026
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