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The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

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The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

2

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
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Big Tech

Chevron employees examine a new GE Vernova gas turbine.
How Chevron became the AI darling of Big Oil

Chevron’s West Texas data center deal with Microsoft may jumpstart a new Big Ol and AI trend.

By Jordan BlumAugust 8, 2026
People look at a Google Earth map of Paris,France on a screen as Google Earth.
Google quietly discontinues its Earth AI feature a day after its rollout after users made no-no images
By Joshua HongAugust 7, 2026
A customer tries out a newly-released Samsung Galaxy Z Fold8 smartphone at a Samsung store.
Samsung pre-orders for latest foldables jump 30% from last year
By Bloomberg and Chris WelchAugust 7, 2026
zuck
Meta hit with half-billion fine, compared by judge to polluting factory. Its stock fell half a percent
By Barbara Ortutay, Wufei Yu and The Associated PressAugust 7, 2026
‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?  
‘Going rogue’: Is it time to stop talking about faulty AI frontier models as if they are people?  
By Kamal AhmedAugust 7, 2026
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Meta becomes third major AI lab after Anthropic and OpenAI to admit its agents have gone rogue—one day after Muse Code launch
By Mia OsmonbekovAugust 6, 2026
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Latest stories from Fortune
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Politics
Southern Europe’s anti-immigrant attitude on display as Spain, Italy start checking each other’s passports
By The Associated PressAugust 8, 2026
el-sayed
Politics
Michigan Democrats try to convince voters they don’t hate each other after vicious, photo-finish primary
By Jacqueline Ganun and The Associated PressAugust 8, 2026
t
North America
The U.S. archivist Trump fired last year got Obama, Bush and Clinton to write about giving up power
By Calvin Woodward and The Associated PressAugust 8, 2026
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Environment
Waiting 26 years ‘for this shoe to drop’: Musk’s AI company joins the fight to strip citizens of their power to sue
By Michael Phillis and The Associated PressAugust 8, 2026
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North America
This 17-year-old grew up in ‘survival mode,’ then saw her college enrollment evaporate. ‘I’m definitely not really over that’
By Matt Brown, Terry Tang, Corey Williams and The Associated PressAugust 8, 2026
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
Environment
Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states
By Ty O'Neil, Dorany Pineda and The Associated PressAugust 8, 2026
Appeals court blocks Trump’s White House ballroom for now, saying it’s up to Congress and ‘not a matter for Executive self-help’
Law
Appeals court blocks Trump’s White House ballroom for now, saying it’s up to Congress and ‘not a matter for Executive self-help’
By Darlene Superville, Michael Kunzelman and The Associated PressAugust 8, 2026
Samuel Alito defends his court decisions. ‘If that means a high correlation with what Trump wants, fine. If it means zero correlation…fine as well’
Law
Samuel Alito defends his court decisions. ‘If that means a high correlation with what Trump wants, fine. If it means zero correlation…fine as well’
By The Associated PressAugust 8, 2026
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Man in a black leather jacket gesturing with his hands.
Big Tech
Warren Buffett complained for decades that boosting profits by excluding exec stock comp was ‘cynical.’ Nvidia just surprised Wall Street and agreed
By Amanda GerutMarch 4, 2026
Illustration of ships on fire
Economy
Top economist says companies are close to a ‘Cortés moment’ on AI, referencing the conquistador who burned his boats and then invaded Mexico
By Nick LichtenbergMarch 3, 2026
A Boston police officer uses radar to track speeding vehicles
Cybersecurity
Cities join Amazon in cutting ties with license-plate reader Flock following Ring’s Super Bowl ad—that Flock ‘didn’t have anything to do with’
By Catherina GioinoMarch 3, 2026
broker
AI
Goldman finds ‘no meaningful relationship between AI and productivity at the economy-wide level,’ but a 30% boost for 2 specific use cases
By Nick LichtenbergMarch 3, 2026
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AI
Sam Altman says OpenAI is renegotiating with the Pentagon after an ‘opportunistic and sloppy’ deal
By Beatrice NolanMarch 3, 2026
Qualcomm CEO: ‘Resistance is futile’ as 6G mobile revolution approaches
Europe
Qualcomm CEO: ‘Resistance is futile’ as 6G mobile revolution approaches
By Kamal AhmedMarch 3, 2026
dave ricks
AI
Tech giants see a cure for cancer in AI. But Eli Lilly’s CEO finds it ‘not particularly good’ at solving biology or chemistry problems
By Jake AngeloMarch 2, 2026
OpenAI CEO Sam Altman
AI
OpenAI CEO Sam Altman defends decision to strike Pentagon deal after Anthropic blacklisting, admits ‘optics don’t look good’
By Jeremy KahnMarch 2, 2026
YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’
Big Tech
YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’
By Marco Quiroz-GutierrezMarch 1, 2026
heitmann
Commentary
Here’s how to build something that lasts, from the founder of a $300 million bootstrapped company that’s been growing for 28 years straight
By Tim HeitmannMarch 1, 2026
Anthropic CEO Dario Amodei says ‘we are patriotic Americans’ committed to defending the U.S. but won’t budge on ‘red lines’
AI
Anthropic CEO Dario Amodei says ‘we are patriotic Americans’ committed to defending the U.S. but won’t budge on ‘red lines’
By Jason MaFebruary 28, 2026
sarandos
Investing
3 things we will never know after Netflix pulled out of the Warner Bros. bidding, handing it to Paramount
By Nick LichtenbergFebruary 28, 2026
OpenAI CEO Sam Altman
AI
OpenAI sweeps in to ink deal with Pentagon as Anthropic is designated a ‘supply chain risk’—an unprecedented action likely to crimp its growth
By Jeremy KahnFebruary 28, 2026
Your spend as a ‘weapon’: Scott Galloway’s ‘Resist and Unsubscribe’ movement asks you to ditch Amazon, Apple, and Netflix to oppose Trump
Big Tech
Your spend as a ‘weapon’: Scott Galloway’s ‘Resist and Unsubscribe’ movement asks you to ditch Amazon, Apple, and Netflix to oppose Trump
By Kristin StollerFebruary 28, 2026
Form Energy CEO Mateo Jaramillo is pictured at Form Factory 1 in Weirton, West Virginia.
Energy
Google is building a bevy of renewable energy in Minnesota—including the world’s largest battery system providing power for a whopping 100 hours
By Jordan BlumFebruary 28, 2026
sam altman
AI
OpenAI strikes a deal with the Pentagon just hours after Trump orders the end of Anthropic contracts, and hours after a staff all-hands
By Sharon GoldmanFebruary 27, 2026
Trump orders U.S. government to stop using Anthropic but gives Pentagon six months to phase it out while Hegseth adds supply-chain risk designation
AI
Trump orders U.S. government to stop using Anthropic but gives Pentagon six months to phase it out while Hegseth adds supply-chain risk designation
By Jason MaFebruary 27, 2026
The battle over WBD left three big winners on Wall Street—while the thousands who lost out will remain behind the scenes
Arts & Entertainment
The battle over WBD left three big winners on Wall Street—while the thousands who lost out will remain behind the scenes
By Geoff ColvinFebruary 27, 2026
Graphic depicting a coin reads, Fortune Crypto: Facebook Crypto 2.0
Crypto
Facebook’s first crypto push set off a firestorm. This time around, its plans are met with a shrug
By Jeff John RobertsFebruary 27, 2026
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Law
20-year-old claiming social media addiction in landmark trial says she was on it ‘all day long’ as a child. Meta brings up abusive environment
By Kaitlyn Huamani, Barbara Ortutay and The Associated PressFebruary 27, 2026
ted
Big Tech
Netflix walks away, saying Warner was ‘always a ‘nice to have’ at the right price, not a ‘must have’ at any price’
By Wyatte Grantham-Philips and The Associated PressFebruary 27, 2026
instagram
Law
As Meta battles addiction claims in court, Instagram says it will start notifying parents of kids searching for suicide or self-harm
By Barbara Ortutay and The Associated PressFebruary 26, 2026
Man speaks on stage
Crypto
Bitcoin rides Nvidia wave to spike above $70,000 before pulling back
By Carlos GarciaFebruary 26, 2026
50 seasons later, ‘Survivor’ bets on nostalgia to win the ratings game
Success
50 seasons later, ‘Survivor’ bets on nostalgia to win the ratings game
By Matty Merritt and Morning BrewFebruary 26, 2026
The remote work fight isn’t over: Workers are willing to take a major pay cut, up to 25%, Harvard study shows
Future of Work
The remote work fight isn’t over: Workers are willing to take a major pay cut, up to 25%, Harvard study shows
By Sydney LakeFebruary 26, 2026
wall street
Investing
Reality of Nvidia earnings beat wipes out Monday’s spooked stock swoon
By Stan Choe and The Associated PressFebruary 26, 2026
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Economy
AI capex and the ‘wealth effect’ from tech stocks (like Nvidia) now drive one-third of U.S. GDP growth, top analysts say
By Jim EdwardsFebruary 26, 2026
Tech companies are spending an unprecedented $700 billion this year on AI data centers. Nvidia’s Jensen Huang says we’re not anywhere near the peak
AI
Tech companies are spending an unprecedented $700 billion this year on AI data centers. Nvidia’s Jensen Huang says we’re not anywhere near the peak
By Alexei OreskovicFebruary 25, 2026
Nvidia company logo
Investing
Jittery stock market’s lonely eyes turn to Nvidia earnings
By Stan Choe and The Associated PressFebruary 25, 2026
An MIT roboticist who cofounded bankrupt robot vacuum maker iRobot says Elon Musk’s vision of humanoid robot assistants is ‘pure fantasy thinking’
Innovation
An MIT roboticist who cofounded bankrupt robot vacuum maker iRobot says Elon Musk’s vision of humanoid robot assistants is ‘pure fantasy thinking’
By Marco Quiroz-GutierrezFebruary 25, 2026
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Most Popular
Middle East
The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept itplaceholder alt text
By Jason MaAugust 7, 2026
Economy
How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfallplaceholder alt text
By Eva RoytburgAugust 8, 2026
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winnerplaceholder alt text
By Sydney LakeAugust 8, 2026
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