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The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year

2

Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’

3

Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymore

1

The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year

2

Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’

3

Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymore
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Three people stand next to each other and pose for a picture. Herbert Wertheim, wearing a red tie and fedora, stands on the left.
An 87-year-old American billionaire bought the first Ferrari Luce for $40 million, and the purchase could save him $13 million in taxes

Dr. Herbert A. Wertheim, an optometrist and philanthropist with a $4.8 billion net worth, bought the EV earlier this month. It had a presale estimated cost of $1.1 million.

By Sasha RogelbergAugust 28, 2026
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Judge: Pentagon punished Anthropic for ‘arrogance,’ and that’s illegal
By Kaitlyn Huamani and The Associated PressAugust 28, 2026
Hugging Face CEO Clément Delangue on Capitol Hill on September 13, 2023. (Tom Williams/CQ-Roll Call/Getty Images)
What Hugging Face means for Nvidia
By Andrew NuscaAugust 28, 2026
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money
Scammers are hijacking tap-to-pay donations to turn a $20 gift into a $2,000 charge—here’s how to protect your money
By Sydney LakeAugust 28, 2026
Nvidia CEO Jensen Huang talks to members of the press as he leaves the Hart Senate Office Building on July 28, 2026 in Washington, DC.
‘I’m in favor of taxes,’ says Nvidia’s Jensen Huang—but he doesn’t agree with Bill Gates on his plan to slow an AI fallout
By Eleanor PringleAugust 28, 2026
Woman in a blazer
Deloitte sees a $566 billion lunar economy by 2050
By Amanda GerutAugust 28, 2026
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Big Tech
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A trader works on the floor of the New York Stock Exchange.
Why ‘equal weight’ S&P 500 funds are having a moment—and are up almost 16% this year alone

RSP has topped $100 billion in assets as it outpaces a cap-weighted S&P 500 that’s exposed when Big Tech stumbles.

By Sheryl EstradaAugust 28, 2026
‘Clearly, people hate data centers’: Sam Altman admits Americans hate what he’s wrought as his own data centers head quits

Seven in 10 Americans oppose an AI data center near them, even as OpenAI adds multi-gigawatt projects across the U.S

By Mia OsmonbekovAugust 27, 2026
The Apollo missions brought us rechargeable hearing-aid batteries and quakeproof buildings. The European defense industry is now looking for its own ‘NASA moment’

Defense spending is resurrecting an engineering and manufacturing base many believed had gone forever, with the U.K., France and Germany home to world-leading defense companies.

By Kamal AhmedAugust 27, 2026
‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement

Arturo Béjar, a former Meta engineering director, said the settlement is a “significant milestone,” but “it allows Meta to define harm.”

By Barbara Ortutay, Wyatte Grantham-Philips and The Associated PressAugust 27, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia
Bridge founder Zach Abrams sees an opportunity for ‘tokenized local currencies’ across Asia

The Stripe-owned company sees potential in Asia, where trade-heavy economies need faster cross-border payment rails.

By Angelica AngAugust 28, 2026
A consultant who once railed against ‘the billionaire boys club’ is now leading opposition to California’s wealth tax

Ned Wigglesworth once blasted big donors for buying influence. Today, he’s helping lead a nine-figure campaign against Prop. 40

By Mia OsmonbekovAugust 27, 2026
David Tisch has always been a collector. His firm’s biggest prize is a $1 billion return on Cursor

How BoxGroup and David Tisch hit it big with a once-unlikely bet.

By Allie GarfinkleAugust 27, 2026
Nvidia CFO says about half of its data center business comes from customers beyond hyperscalers

Other customer segments are growing faster than the cloud giants that once dominated Nvidia’s sales.

By Sheryl EstradaAugust 27, 2026
More in Startups & Venture
AI
More in AI
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life
Anthropic makes first move into physical AI with new way for scientists, manufacturers to bring equipment to life

The Model Hardware Standard (MHS) works with any AI model, not just Claude, but for now only a handful of companies can access the research preview.

By Emily ForliniAugust 27, 2026
OpenAI bans pro-Russia ChatGPT accounts used to spread pro-Kremlin content including an Israel-based think tank using real researchers’ names

OpenAI claims Russian users hid behind VPNs to push a think tank tied to an influence operation and spread pro-Russia content online.

By Marco Quiroz-GutierrezAugust 27, 2026
Chinese open-source AI is starting to win over U.S. businesses

New spending data suggests companies are increasingly turning to cheaper, customizable open models—including fast-improving systems from China.

By Beatrice NolanAugust 27, 2026
The AI Odyssey: How a primal fear from the Ancient Greek world has been awakened by new technology

Long before chatbots, the Greeks built an entire philosophy around the anxiety that rules 2026. We are all Odysseus, sailing through the the sirens’ call.

By Nick LichtenbergAugust 27, 2026
More in AI
Innovation
More in Innovation
Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre.
SpaceX says it’s building its largest spaceport yet, committing $100 billion for a Louisiana site—adding to its list of billion-dollar expansion plans

Louisiana is getting a taste of Musk’s big ideas as they get a part of the CEO’s billions-of-dollar-plans to bring humanity to space.

By Joshua HongAugust 27, 2026
Goldman Sachs Global Institute co-head: remaking our world for machine intelligence

The irony is that a world redesigned for machines may eventually allow us to recover something more purely human as we are relieved of utilitarian burden.

By George C. Lee IIAugust 26, 2026
Current price of Ethereum for August 26, 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 26, 2026
Zelenskyy gives Elon Musk Order of Freedom, asks for more Starlink access for Ukraine

The Ukrainian President awarded the world’s richest man one of Ukraine’s highest state honors, citing his “outstanding personal merits.”

By The Associated PressAugust 26, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point
Grayscale CEO: Crypto winter has thawed—but market watchers are still missing the point

The CEO of Grayscale explains why the market volatility of the last 18 months barely matters in light of a broader sea change underway in finance.

By Peter MintzbergAugust 27, 2026
Without local languages, ‘AI is essentially useless’: Hong Kong’s Votee AI is taking on English and Mandarin’s AI dominance with a Cantonese model 

Votee is one of a growing number of companies that are trying to tackle AI’s neglect of “low-resource” languages.

By Nicholas GordonAugust 27, 2026
OpenAI, independent firms publish reports on rogue AI attack on Hugging Face. Here are the main takeaways—and what OpenAI still hasn’t disclosed.

OpenAI said that the difficulty of some of the tasks its AI models were attempting to solve may have produced the ‘rogue’ behavior that led to the attack on Hugging Face.

By Emily ForliniAugust 26, 2026
Don’t praise Meta ‘for what the court orders them to do’: Meta will only pay the full $17.1 billion settlement if TikTok and YouTube match it

State attorneys general guaranteed $12.1 billion. Meta says it’s holding back $5.3 billion unless its rivals sign on.

By Catherina GioinoAugust 26, 2026
More in Cybersecurity
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Kevin Warsh, chairman of the US Federal Reserve, arrives for dinner during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Thursday, Aug. 27, 2026.
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Kevin Warsh finally threw Wall Street some crumbs on what he’s thinking: ‘There is one signal nobody can miss: 65 months of elevated inflation’
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Trump looks at Republican midterm hopes and has a message for voters: ‘Pretend, please, that I’m on the ballot’
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‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China
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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’
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Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them
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Trump stopped talking about these media stocks, but his portfolio didn’t stop trading them
By Mia OsmonbekovJuly 2, 2026
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McKinsey chairs: Building a more resilient industrial base may require $2 trillion in investment
By Eric Kutcher and Shubham SinghalJuly 2, 2026
Meta’s cloud compute dreams: Why opt for U.S. AI data centers when Saudi Arabia has cheap oil and cheaper power?
Big Tech
Meta’s cloud compute dreams: Why opt for U.S. AI data centers when Saudi Arabia has cheap oil and cheaper power?
By Catherina GioinoJuly 2, 2026
Scott Bessent, US treasury secretary, during an Economic Club of New York (ECNY) event in New York, US, on Tuesday, June 23, 2026.
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Elon Musk says AI is the only way to fix the $40 trillion U.S. debt crisis—but a new study says even the most optimistic scenario won’t fill the hole
By Eleanor PringleJuly 2, 2026
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Defense tech could be entering its awkward teenage years. Is the boom a bubble?
By Allie GarfinkleJuly 2, 2026
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America’s 250th birthday has Elon Musk and a record IPO. Its 15th had Alexander Hamilton — and a stock market bubble
By Owen LamontJuly 2, 2026
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Meta prepares to join the cloud infrastructure fray
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Sam Altman seeks new world order for AI as OpenAI slowly loses ground to Google and Anthropic 
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China has 400 private space companies. The West is barely paying attention
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The defense tech boom has become a bubble—or it will be soon
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Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
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By Orianna Rosa RoyleJuly 2, 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
Anthropic CEO Dario Amodei
AI
Anthropic’s AI models are back online after a two-week government standoff—settling the company and administration into a fragile truce
By Tristan BoveJuly 1, 2026
Nikesh Arora, chief executive officer at Palo Alto Networks
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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
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Personal Finance
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In this photo illustration, a Cisco logo is displayed on a smartphone with Artificial Intellingence (AI) symbols in the background.
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senate
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One rare bipartisan AI bill is moving through Congress. Here’s why it deserves to pass
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I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
Commentary
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By Jeremy FainJuly 1, 2026
OCBC rolls out its ‘avatar banking’ platform with ‘Wendy’ and ‘Wayne,’ two virtual financial advisors, as banks integrate AI into wealth management
Asia
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By Angelica AngJuly 1, 2026
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AI
Leveraged stock bets are ‘very concentrated in the AI ecosystem,’ Goldman Sachs warns
By Jim EdwardsJuly 1, 2026
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Startups & Venture
Eli Lilly just placed a $40 million bet on the next injectable boom
By Lily Mae LazarusJuly 1, 2026
Microsoft CEO Satya Nadella on April 23, 2026 in Sydney, Australia. (Photo: George Chan/Getty Images)
Newsletters
Microsoft may cut thousands more jobs in a bid to control costs
By Andrew NuscaJuly 1, 2026
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
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By Marco Quiroz-GutierrezJuly 1, 2026
Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
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Personal Finance
The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per yearplaceholder alt text
By Joshua HongAugust 27, 2026
Success
Despite having a net worth of $400 million, Kevin O’Leary still shops at Walmart for $29 jeans: ‘I’m always looking for a great deal’placeholder alt text
By Preston ForeAugust 27, 2026
Success
Welcome to the 'upper-middle-class trap': why $300,000 a year doesn't feel like winning anymoreplaceholder alt text
By Nick LichtenbergAugust 27, 2026
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