Bitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder
Bitcoin’s rally to $78,200 coincided with a record run for Hyperliquid as active traders increasingly use the platform…
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Membership into Miami’s most exclusive club is something money can’t buy—and Jeff Bezos is among those standing outside, looking in
Amazon founder Jeff Bezos has three properties on Indian Creek, but he still doesn’t have a membership into the…
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Phoebe Gates took a secret Stanford class on how to ‘rule the world’—and reportedly recruited employees for her startup accused of wire fraud
An off-the-record university course helped Gates recruit for Phia, and former students claim the class taught a…
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‘Take time in quiet’: Melinda French Gates says to spend at least 10 minutes a day on self-care
The philanthropist said dedicating time to her well being everyday is what helps her process difficult transitions.
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Scott Bessent is ‘playing with fire’ as the Treasury’s debt buyback risks putting the dollar in a devaluation spiral like the yen, economist warns
"Markets are primed for Dollar debasement to resume and — as Japan shows — it can be next to impossible to stabilize a…
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‘Adding insult to injury’: Flight attendants accuse Google of creepy deal to access ‘confidential’ data for AI in Spirit Airlines transaction
Failing in today’s business world means being at the mercy of the AI training frenzy.
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Trump admits tariffs are a tax on America’s love for hamburgers and allows 300,000 metric tons of ground beef imports at ‘below current market prices’
“Tariffs are simply taxes on American consumers,” said economist Steve Hanke. Meanwhile, cattle groups are…
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AI will not give you Fridays off
Jamie Dimon and Bill Gates say AI could bring a two- or three-day work week. I’ve studied the 4-day work week for years…
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Forget RTO: Fully remote workers report the highest well-being—and are less likely to quit, new study of 7,700 employees finds
The research found little evidence that remote workers felt less connected to colleagues or workplace culture—despite…
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Harry and Meghan’s homecoming comes with a multimillion-dollar tax catch—waiting four years could have shielded their $60 million fortune
The Duke and Duchess of Sussex are returning to the U.K. after living in the U.S. for six years—but they could have had…
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CEO of viral backflipping robot company says robots are still years from ‘ChatGPT moment,’ even after investors sent his stock soaring 460%
CEO Wang Xingxing says humanoid robots still struggle to match humans and adapt to unfamiliar tasks.
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Eric Schmidt is reportedly at odds with Google cofounder Sergey Brin over how a $100 million campaign against California’s billionaire tax is spent
The former Google CEO is disgruntled with the use of his funding for other measures that are not focused on…
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‘Damage from the chaotic tariff regime cannot be refunded’: The $100 billion in refunds have wiped out revenue the import taxes brought in since May
In June, the Trump administration saw a more than $25 billion loss in net customs revenue as a result of tariff refunds…
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The banking lobby’s bad faith campaign to kill the Clarity Act will backfire
The banks' arguments against the Clarity Act are not rooted in reality, and serve to highlight their own anti-consumer…
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The trick to getting kids to stop trusting AI: Ask it to draw a map of the world
Kids laughed as Mali was spelled “Mail.” Egypt was identified as “Sopth.” In place of Libya was something simply called…
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China’s onetime richest man has lost everything but creditors are still owed $300 billion
A court accepted a liquidation against Evergrande’s property development unit a day after 67-year-old founder Hui Kan…
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Cuba opened its economy on Washington’s orders. Rubio’s answer: more sanctions
“What are you afraid of?" Ambassador Ernesto Soberón Guzmán asked hypothetically. "Why do you need to implement almost…
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College sports’ talent race is turning each athletic department into a $40 million business empire
“Athletics doesn’t have a revenue problem. It has a spending problem," said Penn professor Karen Weaver.
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Philanthropy has long been dominated by the wealthy. This $12 million campaign wants Black Gen Z to see it differently
BackBlack is betting that thousands of small donations can help underfunded Black-led nonprofits rely less on wealthy…
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CFO turnover at America’s largest companies is on pace to hit 18.3%—the highest since the pandemic
The next generation of CFOs stepping in may be younger and less experienced.
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New York Times correction over a college basketball player wrongly named at the scene of a shooting leads to $9.25 million jury verdict
“We’re disappointed the jury found The Times liable for an honest mistake,” spokesperson Charlie Stadtlander said in a…
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Current price of oil as of August 21, 2026
When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.
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How Silicon Valley just might save America from the growing drone threat
In June, Allen Control Systems raised $200 million on the strength of its Bullfrog platform, which can respond to a…
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America faces an affordability crisis like the one from 25 years ago, but needs a fresh solution
We are living in an era when companies must find solutions that are not just lower-cost, but rather higher value.…
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Wall Street is bemused by Bessent’s bond plan and the unwinding punt on the Japanese yen—he’s hinting he knows something the markets don’t
"What do I know that the market doesn’t know?"
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Anthropic to SpaceX: You ain’t bigger
In today's edition: Anthropic IPO, Trump digs data centers, SuperMicro's investigation, ChatGPT Apple Messages, Slack,…
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Bond traders believe Bessent’s ‘band-aid’ was ‘a heinous financial crime’
Everything you need to know before you reach the office this morning.
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The bond market is sending CEOs a blunt message: Borrowing costs are going to go up
Also: All the news and watercooler chat from Fortune.
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The AI ‘death zone’ is here and most corporate AI strategies are standing in it
Chinese models just swept the top five spots on the world's largest AI marketplace. American labs still own the…
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AI productivity tools are overhyped and overfunded. Investors should look elsewhere
Over 50 years ago, Charlie Munger convinced his best friend Warren Buffett to ditch the proverbial cheap cigar butts…
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Amazon, Uber, DoorDash, and Walmart are taking the delivery wars to the skies
After years of experiments and setbacks, some of America’s biggest delivery companies are racing to make drones…
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MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar
The billionaire's unrestricted gifts to 16 institutions reflect a giving philosophy built on trusting recipients to…
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Our AI startup is growing 40% a month helping financial advisers do what they love: giving advice
Our growth has come at a time when the investment landscape is more complicated than ever. It's no coincidence.
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Billionaire Jeff Bezos once asked Warren Buffett why so few people copy his strategy—now he’s backing $7 billion Liverpool FC
If Amazon founder Jeff Bezos takes his own Warren Buffet-inspired advice, Liverpool fans can expect him to stick around…
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Baby boomers look richer than ever—but many are retiring with record levels of debt
Decades of home-price gains made older Americans wealthy on paper. Debt and rising costs are making that wealth harder…
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Prediction market exec says gambling fight could reach Supreme Court by June
A possible circuit split could determine whether federal commodities law overrides state gambling rules.
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