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This Week

Trump claims — yet again — that a deal to reopen Hormuz is closeNeil Armstrong’s boyhood home, nearly untouched, goes up for sale with no legal protectionBands used to ‘break’ on Letterman — now they’re recreating late night on YouTubeIt’s getting too hot to fly: climate‑driven heat waves are forcing airlines to dump passengers and cargoLeo DiCaprio teams with Jeff and Lauren Sanchez Bezos on $200 million plan to save 100 endangered speciesHonda doubles profit as motorcycles and a weak yen fuel its post‑EV writedown comebackSpaceX races toward Musk’s $1 trillion dream—just as insiders can start sellingWhat OpenAI’s finance team is becoming in the age of AIDisney boosted by $1 billion at the box office, strong parks performance as international visits slumpScott Bessent just declared the K-shaped economy is over, saying he’s ‘sick of hearing about’ it—but the data would beg to disagreeAsk your employees one question about AI. The silence will tell you everything$25 billion in data centers shows St. Louis is serious about competing in the AI economy A deal with Iran on the Strait of Hormuz—with a truckload of caveats—could come as soon as todayToday’s top high-yield savings rates: Up to 4.50% on Aug. 5, 2026Top CD rates today, Aug. 5, 2026: Lock in up to up to 4.50%Top CD rates from major banks on August 5, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and moreCurrent price of Ethereum for August 5, 2026Current price of Bitcoin for August 5, 2026Bill Ackman’s next big bet is convincing Americans to fall back in love with capitalismCurrent price of oil as of August 5, 2026Current price of silver as of Wednesday, August 5, 2026Noa Khamallah was a street kid and convict. Now his $10 million fund is taking on mega-VCsWhat happened in SpaceX’s first earnings report as a public companyBill Ackman, unfiltered: The billionaire hedge fund founder’s take on AI, investing, and why socialism is a ‘disaster’Today’s home equity loan and HELOC rates, August 5, 2026Trump’s tariffs were supposed to boost American manufacturing, but the new levies are actually pushing some companies back to ChinaMortgage rates today, Aug. 5, 2026Current refi mortgage rates report for Aug. 5, 2026Current ARM mortgage rates report for Aug. 5, 2026Europe’s tech sovereignty is facing its biggest test yetBillionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silentEurope’s AI sovereignty is under threat. Could Mistral be the answer?Gen Z’s anti-capitalist brand says one thing. Its spending data says something more interestingHas the AI race shifted from U.S. vs China to open vs closed?Elon Musk delivers ‘totally nuts’ plans for moon robots and insists $1 trillion revenue target will hit but capex tanks SpaceX on debut earningsFrom Pochettino to MLS, the giants of American finance keep making big promises about the future of U.S. soccerElon Musk says SpaceX data centers will crush competitors because its rocket scientists are like the Yankees ‘playing a little league team’‘Baffling’: White House won’t publicly release AI model evaluation framework it reviewed today with OpenAI, Anthropic, Microsoft and othersDanube River’s shrinking water levels expose dozens of World War II shipsEurope’s long, hot summer leads to thousands evacuated and fire operators deadTrump meets AI giants, Senate Dems decry ‘unpredictable’ governance—and cheap Chinese AI looms as giant security riskSpaceX revenue surges to $7.8 billion, blowing past Wall Street expectations by nearly $1 billion20 states and DC sue as Trump moves to share low-income families’ data with immigration authoritiesTrump claims he’s talking with Iran as they hold talks with other nationsOpenAI president Greg Brockman: We ‘contort’ ourselves around computers, clicking and typing is a ‘phase’Scott Bessent is using moves from his hedge fund days to prop up Japan’s yen—and America’s $40 trillion national debtMcDonald’s CEO turns to a trusted lieutenant with a turnaround record to revive its biggest marketBest certificates of deposit (CDs) for August 2026OpenAI fires back at Apple, publishing private emails to counter trade-secret claims‘I’m mortified’: YouTube star Hank Green apologizes for ChatGPT overuse after fans accuse him of including a prompt by mistakeBessent’s Yen gamble is a warning sign — buckle upFidji Simo had to leave OpenAI. But she’s still building a business that could find cures to chronic diseases that affect women like herWhat’s a good rate on a private student loan?‘This is insider trading by definition’: Trump sells $100,000 monthly subscription service to Wall Street to further monetize the presidencyKevin Warsh told Wall Street he’d be sharing less—Goldman Sachs fears a void of Fed facts will only amplify misinformation and instabilityDoorDash CEO Tony Xu once thought his $87 billion company would only make $100 million. He tells founders to be ‘greedy’ and dream biggerWhy a measly 100,000 job openings is normal for the Trump economyBoostcamp App Review (2026): Trainer ApprovedDespite 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’Why Paramount might win its case and still run out of time to acquire Warner Bros. DiscoveryYour AI agent can be a teammate. But it still needs a bossExclusive: Dinari, founded by Stripe and Apple alums, partners with Circle to offer tokenized stocks to U.S. investorsHow AI turned your best work into the bare minimumGlobal shares rally, oil rebounds as Iran war de-escalation, yen intervention worries easeCloudflare just launched a permanent ID tool and wallet for AI shoppingSpaceX stock has lost half its value. Time for Elon Musk to face investorsSotomayor lets $656 million terror verdict against Palestinian Liberation Organization standCurrent price of gold as of August 4, 2026JPMorgan Chase, Accenture and others are teaming up on a new venture to standardize how AI token use is measuredTrump called his own housing bill a ‘yawn.’ Now he’s heading for a west coast tour with a 32% approval rating on the economyYour AI strategy isn’t failing because of bad design. It’s because your team doesn’t believe in youMcDonald’s U.S. sales growth stalls to 0.8% as gas prices biteBack-to-school shopping raises the new-age question: how heavy should your kids’ backpack be?Toyota sold fewer cars but nearly doubled profit on cheap yenCapital One had 300 Trump accounts — then its money-laundering team stepped inHappyRobot is worth $1.2 billion. Its founder says it’s just ‘getting started’Why Visa is willing to spend $2.4 billion on BioCatchA forgotten Swedish economist’s 130-year-old theory explains why investors won’t quit funding America’s near-$40 trillion pile of debtSam Altman’s OpenAI publishes brutal critique of Apple lawsuit: ‘Apple is getting this wrong’Today’s top high-yield savings rates: Up to 4.50% on Aug. 4, 2026Top CD rates today, Aug. 4, 2026: Lock in up to up to 4.50%Could a UN-backed plan to reopen Hormuz break the deadlock? Top CD rates from major banks on August 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and moreThe radical idea behind Barnes & Noble’s surprising comebackCurrent price of Bitcoin for August 4, 2026Current price of Ethereum for August 4, 2026Current price of oil as of August 4, 2026Current price of silver as of Tuesday, August 4, 2026As confusion reigns over Hormuz talks, Fortune gets exclusive access to a UN-backed plan to reopen the strait Sir Martin Sorrell has identified the key AI skill for the future: ‘People who share will be the new kings and queens’Today’s home equity loan and HELOC rates, August 4, 2026Mortgage rates today, Aug. 4, 2026OpenAI’s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named JackieCurrent refi mortgage rates report for Aug. 4, 2026Current ARM mortgage rates report for Aug. 4, 2026Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘Wealth is not the same as money’The NFL’s previous push into Europe lost $400 million—so why is it trying again?How Zohran Mamdani’s pied-à-terre tax exposed an epidemic of ‘ghost cars’ insteadFrom Porsche penthouses to Nobu lofts: Inside the $67 billion boom in luxury branded residencesThe AI race isn’t about models, it’s about infrastructure—and the U.S. is still far aheadPalantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’Sea’s MariBank wants to export its Singapore digital banking playbook: First stop, the PhilippinesPalantir shares jump 13% as U.S. AI demand sends revenue soaring past targetsThe Danube is running dry, and Europe’s power grid is suffering as a result‘There is no Fund’: GOP holdouts back Blanche after DOJ scraps proposed $1.8 billion slush fundConventional vs. FHA home loans: Which is better for you?The real reason a Pizza Hut frozen in the 1990s still draws crowds isn’t nostalgiaExclusive: Former OpenAI exec Fidji Simo discusses her battle with POTS and her startup’s plans to cure it with AI and 3,500 vials of blood (so far)Ukraine uses business principles to maximize Russia’s casualties and economic costs, potentially crushing its will to keep fighting, RAND says What percentage of your income should go toward your mortgage?Kalshi CEO clashes with disgraced former Congressman George Santos in latest prediction market controversyThe Iran war already has a winner: The world’s largest shipbroker notching record earnings from the ‘exceptional volatility’ in the Strait of HormuzA record 34 women now run Fortune Global 500 companies. That’s still just 6.8%‘A hidden gem’: Odyssey fans are shelling out up to $2,000 to buy 70mm IMAX tickets on eBayGo ahead, make fun of Tommy Bahama. The CEO is happy to join you, and he’s probably not a fan of your preppy shortsBitcoin owners rocked by $116 million hack: What we know about the Coldcard exploitIs car insurance required? Minimum car insurance requirements by state explained‘A fantastic amount of money to have borrowed’: a top Wall Street wealth advisor is stunned by the national debtBest Hair Serums (2026): Tested and ReviewedWall Street bulls are starting to admit the earnings bubble is real—and the 60/40 portfolio may be the first casualtyPwC U.S. CEO advises young workers to say yes a lot, even if it means working on the weekends—‘That person climbs into the next role’America’s ‘weird’ and ‘unwise’ intervention in the Japanese yen: ‘The last thing you want is to give markets any kind of reason to ask questions’Sam Altman reveals the investing advice billionaire Peter Thiel gave him that helped him amass a $3.3 billion net worth without OpenAI equityForget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routinesCareful what you bid for: The Ellisons’ Paramount/WBD deal is slipping toward a costly legal and financial cliffWelcome to Fortune DailyYen rises amid speculation of more intervention after U.S. supportOil tumbles and stock futures surge after Trump said Iran deal was nearBessent seen rebuffing Wall Street on guidance for U.S. debt salesCongress needs an AI framework nowAmerica’s $500 million bet on rare earths depends on a tiny New Hampshire refinery scaling from 200 kg to 120 tonnes in 2 yearsSoftBank, Hitachi, LG back Zenity’s $125 million round to police AI agents‘Japan’s been very good to us, with the exception, of course, of Pearl Harbor’: Trump awkwardly comes to the Yen’s rescueSomeone broke into Liechtenstein’s secret wealth haven list overnightCurrent price of gold as of August 3, 2026The computer science major is dying so that the AI literacy minor can be born: ‘we have to democratize it’One bad pay decision can cost a company more than $10,000 per employee, new research findsSpider-Man comes $2 million shy of Avengers record for all-time first-weekend record, already close to $1 billion global box officeAI changed what work looks like. Now the operating model must followAon’s CFO on the No. 1 risk keeping CEOs and finance chiefs up at nightSam Altman says a ‘cool use case’ for ChatGPT is a daily AI podcast about your kids. The replies were brutalAs Amazon pours billions into AI, Jeff Bezos says the real edge lies in what won’t changeTop CD rates from major banks on August 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and moreCurrent price of Bitcoin for August 3, 2026Current price of Ethereum for August 3, 2026Circle bought 1,000 IBM blockchain patents. Nothing good can come of thatElon Musk wants engineers and trade talent: All you need is 3 bullet points, a résumé, and a desire to create the best data centers ‘off Earth’Current price of oil as of August 3, 2026Current price of silver as of Monday, August 3, 2026Wall Street shrugs off global slump as Trump promises (yet another) imminent deal with IranIkea’s AI bot didn’t replace workers. It made them more valuableThe top high-yield savings rates: Up to 4.50% on Aug. 3, 2026Top CD rates on Aug. 3, 2026: Lock in up to up to 4.45%To power AI, Khosla and a16z bet this startup can reinvent miningIs Alibaba’s Qwen3.8-Max China’s next top AI model?Today’s home equity loan and HELOC rates, August 3, 2026Mortgage rates, Aug. 3, 2026Current refi mortgage rates report for Aug. 3, 2026Current ARM mortgage rates report for Aug. 3, 2026How Barnes & Noble CEO James Daunt tapped his indie bookstore cred to revive the big-box chainElectric air taxis are finally ready for takeoff
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