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Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'

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Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'

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Iran has Trump right where it wants him and suggests he seek 'a dignified exit'

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Current price of oil as of August 19, 2026
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An An Amazon drone is in midflight as it makes a delivery in Papillion, Neb. on Thursday, July 30, 2026.
Amazon isn’t giving up on Jeff Bezos’ drone deliveries dream—and after 13 years of turbulence, the momentum is finally shifting

The e-commerce giant announced it is expanding drone delivery to nearly 500 U.S. cities and towns by the end of this year, a sixfold increase from its current capabilities.

By Sebastian HerreraAugust 19, 2026
Meta CEO Mark Zuckerberg leaves the Los Angeles Superior Court after testifying.
‘Harvest their data and hide the truth from the public’: Four states seek billions from Meta over child safety practices
By Barbara Ortutay, Kaitlyn Huamani and The Associated PressAugust 19, 2026
A SpaceX rocket carved out a crater on the moon as long as a bowling lane with ‘butterfly wing’ streaks
A SpaceX rocket carved out a crater on the moon as long as a bowling lane with ‘butterfly wing’ streaks
By The Associated Press and Marcia DunnAugust 19, 2026
A view of Golden Gate Bridge and houses during warm weather in San Francisco, California, United States.
The AI boom made San Francisco so crowded even ‘tech bros’ making six figures are left scrounging for homes and apartments
By Joshua HongAugust 19, 2026
Photo of a dog in a kennel
Texas’ screwworm could be fatal for the unadopted dogs and cats in rescue shelters statewide
By The Associated Press and John HannaAugust 19, 2026
‘I think that we’re going to make history here’: Angry parents of kids sextorted, cyberbullied or addicted to social media are out for vengeance
‘I think that we’re going to make history here’: Angry parents of kids sextorted, cyberbullied or addicted to social media are out for vengeance
By The Associated Press and Kaitlyn HuamaniAugust 19, 2026
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Big Tech
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American Airlines is finally bringing back seatback screens after nearly 10 years in a premium push to win back customers
American Airlines is finally bringing back seatback screens after nearly 10 years in a premium push to win back customers

American is coping with a massive profit gap to competitors amid rising jet fuel costs and a movement towards luxury travel.

By Sarah GlodekAugust 19, 2026
Amazon drones attack suburbs nationwide as delivery pilot expanded to nearly 500 cities

“It’s still an experiment. It’s still in test and learn mode,” said Sucharita Kodali, who is a retail analyst with Forrester.

By Josh Funk and The Associated PressAugust 19, 2026
Home Depot’s $730 million tariff refund was largely offset by rising costs

Home Depot, Amazon, and Walmart are taking very different approaches to the tariff refunds flowing back to retailers.

By Sheryl EstradaAugust 19, 2026
Also’s $3,500 e-bike is a $1 billion Trojan horse for autonomous transportation

The Rivian spinoff just raised $150 million to build autonomous vehicles for moving people and packages—not just pedalers.

By Lily Mae LazarusAugust 19, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring
Moderna’s and Merck’s personalized mRNA vaccine shows real promise against deadly skin cancer melanoma in late stage trial and sends stocks soaring

The shot, paired with Merck’s Keytruda, cut the risk of melanoma recurrence in a trial of more than 1,100 patients.

By Catherina GioinoAugust 19, 2026
Exclusive: Replit taps OpenAI’s low-cost Luna model for new ‘Free Mode’

An 80% reduction in the cost of tokens for OpenAI’s Luna allowed Replit to roll out the new service, which despite its ‘free’ name, still requires a monthly subscription.

By Emily ForliniAugust 19, 2026
One of the VC world’s biggest stars is doubling down on sports in a big way, and there’s a compelling tax reason behind the strategy

Thrive Capital founder Joshua Kushner’s $12.5 billion deal with former Disney CEO Bob Iger to buy the Los Angeles Lakers vaults him into an elite club.

By Jason MaAugust 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
More in Startups & Venture
AI
More in AI
KFC
How KFC and Taco Bell’s top technologist is embracing AI and automation across 63,000 restaurants

The top technologist at Yum Brands, Jim Dausch, is embracing AI and automation across 63,000 restaurants.

By John KellAugust 19, 2026
Google’s founders didn’t market test Alphabet’s name before launching the now $1.9 trillion juggernaut. Here’s the advice Steve Jobs gave Larry Page

The anniversary of Google’s IPO is on Wednesday, and Fortune looked back at the philosophy behind the founders’ brainchild.

By Sasha RogelbergAugust 19, 2026
Tesla asked Las Vegas for 5,000 robotaxi permits. Sin City gave it 10, capped the speed at 45mph, and banned airport trips

Nevada capped Tesla’s fleet at a fraction of its request and kept it away from Harry Reid airport.

By Catherina GioinoAugust 19, 2026
Ex-Google chief scientist tells Gen Z the trick is not to master AI—instead, just ‘skim papers’

Jeff Dean, who just left Google after 27 years, says future success belongs to Gen Z students who read broadly and focus on problems with a five-year horizon.

By Preston ForeAugust 19, 2026
More in AI
Innovation
More in Innovation
Current price of Ethereum for Aug. 19, 2026
Current price of Ethereum for August 19, 2026

Ethereum isn’t just digital money; it’s a decentralized computing platform, meaning users can build and run apps on it without oversight of a company or bank.

By Joseph HostetlerAugust 19, 2026
How the UAE has emerged as a ‘leading light’ for tokenization  

Coinbase’s decision to base its global tokenization hub in Abu Dhabi is the latest sign that the emirate’s bet on regulated digital assets is paying off—with $500 billion in GCC assets predicted to move onto blockchain by 2030.

By Melissa HancockAugust 19, 2026
Meet OpenAI’s ChatGPT for Teens, which doesn’t talk about sex or suicide and gives you homework help instead

OpenAI doesn’t verify users’ ages, but it already uses age assurance to estimate if someone is under 18 based on factors such as their types of queries.

By Barbara Ortutay and The Associated PressAugust 18, 2026
OpenAI says it paused AI training for two weeks and announces new security protocols following Hugging Face hack

The AI company says its unreleased Astra model presents a “critical” cybersecurity risk and it has put its largest training runs on hold while it tests new safety procedures.

By Emily ForliniAugust 18, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Yevgeny Dibrov crosses his arms while wearing a suit.
Inside the $8 billion cybersecurity acquisition that helped ServiceNow’s stock buck the ‘Saaspocalypse’ fears

The deal for Yevgeny Dibrov’s Armis was Israel’s second-largest tech startup exit ever.

By Lily Mae LazarusAugust 19, 2026
Data center gas plants to boost U.S. power emissions by 20%

Ninety-nine proposed gas plants to power AI data centers could lift emissions by up to a third, with Amazon and Microsoft among the developers

By Matt Day, Mark Chediak and BloombergAugust 18, 2026
Tether has the gold. Now, CEO Paolo Ardoino is making a bold push into AI

A KPMG audit appears to establish the legitimacy of Tether’s reserves. Meanwhile, the company’s ambitions are scaling far beyond crypto.

By Jeff John RobertsAugust 17, 2026
Meta heads to child safety trial facing financial damages as large as $1.4 trillion

Four states want penalties that approach Meta’s market value, but the lasting threat is a court-ordered overhaul of Facebook and Instagram for young users.

By Barbara Ortutay and The Associated PressAugust 17, 2026
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A picture of Bitcoin with a backdrop of a trading chart.
Crypto
Bitcoin posts surprise rally as currency nears $70,000 for the first time since June
By Camila Grigera NaónAugust 19, 2026
Google and the UK think changing flights paths could cut down on climate change
Environment
Google and the UK think changing flights paths could cut down on climate change
By Jennifer McDermott and The Associated PressAugust 19, 2026
Emil Michael, under secretary of defense for research and engineering nominee for US President Donald Trump.
North America
Pentagon pushes ‘zero tolerance’ audit on foreign university partnerships that ‘compromise our national security’
By The Associated Press and Heather HollingsworthAugust 19, 2026
Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton
Asia
Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton
By Nicholas GordonAugust 19, 2026
St. Jude Children's Medical Research Center CEO Dr. Charles Roberts stands for a portrait in the Roberts Laboratory at the Danny Thomas Research Center.
C-Suite
The new head of America’s top children’s hospital sees ‘the dawn of a new era’ for kid cancer treatment
By The Associated Press and Glenn GamboaAugust 19, 2026
t
North America
Trump threatens to bomb Oman, widening the war that crippled the global economy
By Samy Magdy and The Associated PressAugust 19, 2026
t
Economy
National debt crosses $40 trillion and think tank warns: ‘The level of fiscal mismanagement is tragic
By Eleanor PringleAugust 19, 2026
Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies
Law
Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies
By The Associated Press and Leah WillinghamAugust 19, 2026
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Jen Wong, chief operating officer at Reddit, speaks during the OMR digital and marketing trade fair
Big Tech
Reddit COO targets 1 billion users as internet’s ‘odd duck’ aims for new heights
By Sam BirchallJune 25, 2026
  • Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
    Success
    Tesla cofounder JB Straubel’s first pitch to Elon Musk failed. Then he turned his ‘hobby’ into a $1.3 trillion success
    By Rachel VentrescaJune 24, 2026
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Investing
Bill Ackman, David Tepper, and other billionaire fund managers are quietly piling into Amazon
By Amanda GerutJune 25, 2026
A college graduate in regalia rests his chin in his hand.
Future of Work
Gen Z graduates are blaming AI for their unemployment woes when they should be looking somewhere else
By Sasha RogelbergJune 25, 2026
Getting past the pilot: Why so many AI test projects have trouble scaling
Success
Getting past the pilot: Why so many AI test projects have trouble scaling
By Alexei OreskovicJune 24, 2026
‘Godmother of AI’ and tech entrepreneurs draw investors by pivoting from chatbots to ‘world models’ saying AI has to read the room, not just books
AI
‘Godmother of AI’ and tech entrepreneurs draw investors by pivoting from chatbots to ‘world models’ saying AI has to read the room, not just books
By The Associated PressJune 24, 2026
‘We are in agony’: Today Show host Savannah Guthrie begs public for help as reports surface her missing 84-year-old mom might be dead
North America
‘We are in agony’: Today Show host Savannah Guthrie begs public for help as reports surface her missing 84-year-old mom might be dead
By The Associated PressJune 24, 2026
  • Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
    Retail
    Amazon Prime Day isn’t a midsummer shopping event anymore. Here’s what changed in 2026
    By Vidhi Choudhary and Retail BrewJune 23, 2026
Asia’s defense boom is rewiring the global arms supply chain
Commentary
Asia’s defense boom is rewiring the global arms supply chain
By Chris OberoiJune 24, 2026
Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.
Retail
Elon Musk was the world’s first trillionaire for 12 days
By Eva RoytburgJune 24, 2026
President Donald Trump pictured in September 2025 signing an executive order that overhauled the H-1B visa program.
Economy
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
By Tristan BoveJune 24, 2026
How Home Depot is rebuilding retailing with AI
Newsletters
How Home Depot is rebuilding retailing with AI
By John KellJune 24, 2026
bob
AI
Robert Wright sees an ‘earthquake’ coming from AI that goes far beyond jobs: ‘cultural, political, personal, family, psychological’
By Nick LichtenbergJune 24, 2026
  • The hidden cost of your AI rollout: burning out the high performers running it
    Workplace Culture
    The hidden cost of your AI rollout: burning out the high performers running it
    By Mikaela Cohen and HR BrewJune 23, 2026
A man wearing a red and black jacket and a red hat walks down a hallway lined with servers.
Innovation
For the first time since 2017, it’s China, not the U.S., that has the world’s most powerful supercomputer
By The Associated PressJune 24, 2026
Jack Schlossberg, Kennedy scion and sardonic social media star, loses in bid for New York state assembly
Politics
Jack Schlossberg, Kennedy scion and sardonic social media star, loses in bid for New York state assembly
By The Associated Press, Danny Peltz and Anthony IzaguirreJune 24, 2026
Matt Garman
Success
‘Wipe out and change are different’: Amazon exec slams AI job apocalypse fears as he hires thousands of Gen Z grads
By Preston ForeJune 24, 2026
NYC Mayor Zohran Mamdani 3 for 3 on his ‘better Democrats’ endorsements: ‘Put working people back at the heart of politics’
Politics
NYC Mayor Zohran Mamdani 3 for 3 on his ‘better Democrats’ endorsements: ‘Put working people back at the heart of politics’
By The Associated Press, Jesse Bedayn, Thomas Beaumont and HUMERA LODHIJune 24, 2026
a
Retail
Amazon’s record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
Current price of Ethereum for June 24, 2026
Personal Finance
Current price of Ethereum for June 24, 2026
By Joseph HostetlerJune 24, 2026
Taktile cofounders Maik Taro Wehmeyer (left) and Maximilian Eber (right) stand side by side, smiling at the camera.
Startups & Venture
Exclusive: Taktile raises $110 million from Goldman Sachs, Tiger Global to automate high-stakes financial decisions 
By Camila Grigera NaónJune 24, 2026
Sarah Youngwood, EVP and CFO at Nasdaq.
AI
Nasdaq’s CFO says leaders must learn AI—not just their teams
By Sheryl EstradaJune 24, 2026
steve
Commentary
Steve Case: America was built by entrepreneurs. Here’s how we keep that edge for the next 250 years
By Steve CaseJune 24, 2026
(left to right) Andrew Berman, Tal Peretz, and Vitor Balocco
AI
Exclusive: Vinod Khosla wanted ‘every available dollar’ of Runlayer’s funding round. It just raised $30 million to govern the agent workforce
By Lily Mae LazarusJune 24, 2026
t
Commentary
Trump mistakes the bully pulpit for bullying leadership — history’s villains were never heroes
By Jeffrey Sonnenfeld and Steven TianJune 24, 2026
As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever 
Europe
As marketers grapple with AI, business leaders at Cannes Lions say human creativity and authenticity matter more than ever 
By Sam BirchallJune 24, 2026
geoff
AI
I interviewed the ‘Godfather of AI’ in 1983 and didn’t grasp the power of his approach to AI. Did he?
By Robert WrightJune 24, 2026
The founding team at Seltz, a startup trying to reinvent web search for AI agents, pose for a group photo with San Francisco's Golden Gate Bridge in the background.
Startups & Venture
Exclusive: Seltz, a startup rebuilding web search for AI agents, raises $12.5 million in seed funding
By Jeremy KahnJune 24, 2026
Sarah Youngwood, EVP and CFO at Nasdaq.
C-Suite
Inside Nasdaq CFO Sarah Youngwood’s AI playbook
By Sheryl EstradaJune 24, 2026
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
Newsletters
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
By Allie GarfinkleJune 24, 2026
You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’
Economy
You can ignore Trump’s threats to leave NATO: Pimco says they’re a ‘paper tiger’
By Jim EdwardsJune 24, 2026
Tencent COO and interactive entertainment group president Ren Yuxin on July 9, 2020 in Shanghai, China. (Photo: Wu Jun/VCG/Getty Images)
Newsletters
Tencent winds down its Japanese game studio investments
By Andrew NuscaJune 24, 2026
rh
AI
Reid Hoffman says SpaceX ‘isn’t an AI company,’ xAI is ‘a complete train wreck’—and there’s room for both OpenAI and Anthropic
By Nick LichtenbergJune 24, 2026
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Economy
Top economist on Trump's 'deadly cocktail' for the bond market—and how the bond vigilantes have crossed Scott Bessent's 'red line'placeholder alt text
By Nick LichtenbergAugust 19, 2026
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Iran has Trump right where it wants him and suggests he seek 'a dignified exit'placeholder alt text
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