In U.S.-Canada trade war, Trump says they are ‘the worst’ and Canada’s top trade envoy tells him to ‘kiss my ass’
Everything you need to know before you reach the office this morning.
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Fortune
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AI is giving Trivago and its CEO Johannes Thomas a new playbook on how to beat back disruption
Also: All the news and watercooler chat from Fortune.
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The Fed doesn’t know who’s financing the $3 trillion AI boom
The Fed spent the past few years relearning the dangers of underestimating inflation. The challenge now is complexity…
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Bosses are convinced Gen Z fake Wi-Fi outages and sick days to sneak off in summer—but 1 in 2 senior managers are guilty of the same thing
New research has found that even senior have been calling in sick and sneaking out of work to enjoy the warm weather…
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Four firms control more than half of the world’s seed supply. Italian farmers are fighting back and returning to the bartering system
Bayer, Corteva, Syngenta, and BASF dominate the global seed market. Growers in Italy are saving and trading seeds…
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Jamie Dimon and his wife, Judith, donate $12 million to 12 HBCUs—betting they’re the ‘springboard to success’ for the next generation
The James and Judith K. Dimon Foundation’s gift to 12 UNCF schools comes as HBCUs brace for a federal pullback.
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What Anthropic’s Dario Amodei can learn from the airline industry’s painful lesson about marketing and the concept of safety
The airline industry discovered that stating a fear about yourself is worse than saying nothing, because the word does…
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Harvard’s $699 startup bootcamp has professors who never sleep–but that’s because they’re AI clones
Founders can rehearse pitches, sales calls and board meetings repeatedly with avatars modeled on seven HBS faculty…
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Asia’s founders are going global faster, sometimes even before they’re sure what their business is, says Stripe’s SEA MD
To help businesses expand, Stripe is announcing partnerships with an array of Southeast Asian payment processors like…
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SEC subpoenas Wall Street banks over Situational Awareness
The information being sought is related to the trading activity of the hedge fund, which came under pressure and was…
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U.S. prepares largest mass visa revocation in history, targeting up to 200,000 foreigners who are seeking asylum
The State Department is expected to announce the revocation of B1 and B2 visas issued between 2016 and 2026 whose…
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Trump readies a new tariff to punish China for its flood of cheap exports—without endangering his trade truce or his summit with Xi Jinping
Trump is considering setting the new tariff at 7.5%, which would come on top of tariffs of 10% to 12.5% announced last…
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Parents cough up thousands decorating their kids’ dorms even as total college costs hit six figures a year
Families are projected to spend a record $14 billion furnishing college dorms and apartments this year.
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FTC moves to make retailers disclose use of ‘personalized pricing’ as technology now enables broad consumer surveillance
The proposal would warn companies that failing to disclose that they are using personal data to set prices could…
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Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more financial firepower
"And any nation that serves as a financial artery of a withering regime should expect to share in its isolation."
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‘It’s hard to know exactly what the objective of DOGE was’: Former IRS boss warns Elon Musk’s cuts to the tax agency will be felt in years to come
Beginning in February 2025, DOGE slashed more than a quarter of the IRS’s 100,000-person workforce.
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Zcash soars to eight-year high amid crypto rally, and hopes of an ETF approval
The privacy-focused chain Zcash's native token, ZEC, surged 66% over the past week.
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College students are shaving a year off their bachelor’s degrees and saving as much as $20,000. Critics say they’re ‘cutting corners’
Three-year bachelor’s degrees have spread to 26 states as colleges look for ways to make higher education cheaper and…
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Who is Dali Rajic, OpenAI’s new chief revenue officer?
OpenAI is counting on the veteran sales exec known as 'Croation Sensation' to shore up its enterprise revenue ahead of…
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Here’s how much the $40 trillion national debt is costing you — whether you have student loans, a mortgage or Social Security
Divide $40 trillion by the U.S. population and every American is on the hook for roughly $117,000. The Conference Board…
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Goldman Sachs says America’s energy sector will need 500,000 more workers by 2030—and humanoid robots may have to step in
America’s energy sector is thriving thanks to AI. The only issue? There aren’t enough workers to meet the demand.
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A flesh-eating parasite shut out Mexican cattle—now record beef prices are forcing Trump to reopen the gate
Trump reopens the border to Mexican cattle to tame $6.89 ground beef, but economists say shoppers won’t notice
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A climate novel imagined a heat wave killing 20 million people—scientists say an ‘extreme of extremes’ is no longer fiction
Decades of accumulated emissions are loading the atmosphere for larger heat waves, floods, fires and droughts
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His boss asked if AI could replace human coders. Two weeks later, he and 160 colleagues were laid off in Beijing
China is pushing AI across its economy, even as economists warn automation could worsen an already difficult job market.
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Trump ripped Obama for flying long distances to play golf. Now he’s flying to the Irish Open
“They talked about the carbon footprint and then Obama hops onto a 747, Air Force One, and flies to Hawaii to play a…
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‘Everything we own is gone’: Over 90,000 people in Reno evacuated amidst ‘human-caused’ wildfire
Officials did not provide details on how they determined the fire was "human-caused," and if it was intentional or…
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The Treasury doubled bond buybacks to bring down borrowing costs. The relief barely lasted
The 10-year Treasury yield is back near a one-year high as investors brace for fresh inflation data and the Fed’s…
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Greg Abbott turned from data center ‘epicenter’ booster to skeptic—and Trump is calling it an economic ‘mistake’
"They got the backlash they deserve," Greg Abbott said in an interview on ABC This Week. Less than a year ago, he…
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Current price of oil as of August 24, 2026
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
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U.S. strikes another boat in Eastern Pacific as death toll tops 210 in anti-cartel war
The latest strike follows Defense Secretary Pete Hegseth's push to extend military operations onto land in Colombia,…
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Iran calls U.S. sanctions support ‘act of war’ as its currency crumbles
The warning comes as Washington has yet to break Iran's hold on the Strait of Hormuz as Iran's rial sinks to record low
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New York added 30,640 tech workers in 3 years, surpassing San Francisco as AI hiring surges
Wall Street's push to hire AI talent is fueling New York's rise, even as San Francisco keeps its title as the top…
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At the year’s buzziest blockchain conference, a new crypto powerhouse emerges
Hyperliquid's rapid growth was on everyone's lips at last week's elite SALT crypto conference.
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Uber drivers get paid instantly. Office workers want in.
A younger workforce used to instant gratification is questioning the rationale behind when they get paid.
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Jack Welch fired him from GE. He became a Fortune 500 CEO 3 years later
David Cote’s unlikely climb shows why one brutal career setback can tell you surprisingly little about what comes next.
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Mark Cuban wants to solve wealth inequality by making employers choose between paying higher taxes or giving every member of staff company stock
“If we continue to see growing disparity in income, you risk unrest and further division, which is the most expensive…
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