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

1

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

2

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

3

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

Big Tech

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

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

Latest stories from Fortune

With broad bipartisan support, Congress is about to give Trump ‘unchecked authority’ to impose new tariffs of up to 100% on top trading partners

With broad bipartisan support, Congress is about to give Trump ‘unchecked authority’ to impose new tariffs of up to 100% on top trading partners

By Jason MaAugust 8, 2026

Meet a 43-year-old woman who had a hysterectomy and thought she had cancer because of a hospital lab mixup

By Kim Chandler, Emilie Megnien and The Associated PressAugust 8, 2026

Personal Finance

20% of Americans are already using AI for financial advice — another 70% don’t trust it

By Adriana Morga and The Associated PressAugust 8, 2026

Trump’s lawyers in BBC lawsuit open the door to exposing all of his financial records — and scramble to close it

By Jocelyn Noveck and The Associated PressAugust 8, 2026

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

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

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

scalia

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

More Big TechPage 24 of 69

mosseri

Instagram chief grilled over his previous use of ‘addiction’ to describe smartphones

By Kaitlyn Huamani, Barbara Ortutay and The Associated PressFebruary 12, 2026

Chinese platforms like Xiaohongshu look to Southeast Asia as the U.S. applies more scrutiny

Chinese platforms like Xiaohongshu look to Southeast Asia as the U.S. applies more scrutiny

By Angelica AngFebruary 12, 2026

Mark Zuckerberg is joining Jeff Bezos in Miami’s billionaire bunker: Take a look inside his real estate portfolio

Mark Zuckerberg is joining Jeff Bezos in Miami’s billionaire bunker: Take a look inside his real estate portfolio

By Marco Quiroz-GutierrezFebruary 12, 2026

gunman

Google’s breakthrough in the Nancy Guthrie case is raising uncomfortable questions about how much it’s watching you

By Ashley LutzFebruary 11, 2026

Demis Hassabis

Google’s Nobel-winning AI leader sees a ‘renaissance’ ahead—after a 10- or 15-year shakeout

By Nick LichtenbergFebruary 11, 2026

X-odus: Half of xAI’s founding team has left Elon Musk’s AI company, potentially complicating his plans for a blockbuster SpaceX IPO

By Beatrice NolanFebruary 11, 2026

addiction

Google lawyer on YouTube: ‘It’s not social media addiction when it’s not social media and it’s not an addiction’

By Kaitlyn Huamani, Barbara Ortutay and The Associated PressFebruary 11, 2026

The 4 step approach Google’s AI boss used to return the tech giant to a ‘golden era’ of innovation

The 4 step approach Google’s AI boss used to return the tech giant to a ‘golden era’ of innovation

By Alyson ShontellFebruary 11, 2026

How Demis Hassabis is leading Google through an innovator’s dilemma—and made OpenAI declare ‘code red’

How Demis Hassabis is leading Google through an innovator’s dilemma—and made OpenAI declare ‘code red’

By Fortune EditorsFebruary 11, 2026

Photo of Tristan Harris

AI could trigger a global jobs market collapse by 2027 if left unchecked, former Google ethicist warns

By Jake AngeloFebruary 10, 2026

Photo of a surfer in a huge wave

Why that $2 trillion software stock wipeout didn’t derail the AI bull market

By Jim EdwardsFebruary 10, 2026

amodei

Scott Galloway on why that Anthropic Super Bowl ad got under Sam Altman’s skin and exposed ‘therapy’ as the AI use case

By Nick LichtenbergFebruary 9, 2026

Side-by-side photos of OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei

OpenAI vs. Anthropic Super Bowl ad clash signals we’ve entered AI’s trash talk era—and the race to own AI agents is only getting hotter

By Sharon GoldmanFebruary 9, 2026

Meta’s multi-million-dollar Super Bowl ads may not just be about its smart glasses—but about selling Wall Street on Zuckerberg’s AI future

Meta’s multi-million-dollar Super Bowl ads may not just be about its smart glasses—but about selling Wall Street on Zuckerberg’s AI future

By Marco Quiroz-GutierrezFebruary 8, 2026

Bill Gates is shedding houses that are part of his $132 million Xanadu 2.0 compound—a reversal from his feelings about downsizing

Personal Finance

Bill Gates is shedding houses that are part of his $132 million Xanadu 2.0 compound—a reversal from his feelings about downsizing

By Sydney LakeFebruary 8, 2026

US Secretary of Defense Pete Hegseth, left, listens to Jacob DeWitte, CEO of Oklo, speak as US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025.

Next-gen nuclear’s tipping point: Meta and hyperscalers start deals with Bill Gates’ TerraPower, Sam Altman-backed Oklo, and more

By Jordan BlumFebruary 7, 2026

sarandos

Netflix dominates streaming. No wonder it’s trying to redefine the market

By Hal SingerFebruary 7, 2026

You’ve vanquished your rival in a CEO succession race. Now, how do you lead them?

You’ve vanquished your rival in a CEO succession race. Now, how do you lead them?

By Claire ZillmanFebruary 7, 2026

Many 2026 Super Bowl ads share a common theme, revealing a truth about America’s current mindset

Arts & Entertainment

Many 2026 Super Bowl ads share a common theme, revealing a truth about America’s current mindset

By Mae Anderson and The Associated PressFebruary 6, 2026

Google data center

Big Tech’s $630 billion AI spree now rivals Sweden’s economy, unsettling investors: ‘We’ve never invested this much on anything before’

By Jake AngeloFebruary 6, 2026

Musk predicts more AI capacity will be in orbit than on earth in 5 years, with SpaceX becoming a ‘hyper-hyper’ scaler

Musk predicts more AI capacity will be in orbit than on earth in 5 years, with SpaceX becoming a ‘hyper-hyper’ scaler

By Jason MaFebruary 6, 2026

Netflix co-CEO Ted Sarandos argues its Warner Bros. deal won’t hurt consumers. If so, they can cancel with one click

Netflix co-CEO Ted Sarandos argues its Warner Bros. deal won’t hurt consumers. If so, they can cancel with one click

By Marco Quiroz-GutierrezFebruary 6, 2026

Fortune 500 Power Moves: Which executives gained and lost power this week

Fortune 500 Power Moves: Which executives gained and lost power this week

By Fortune EditorsFebruary 6, 2026

Amazon founder Jeff Bezos

Larry Ellison and Jeff Bezos have seen more than $66 billion swiped from their net worths since the start of this year as AI-driven slump sees tech billionaires’ wealth free-fall

By Emma BurleighFebruary 6, 2026

Dario Amodei, Anthropic CEO, speaking.

Anthropic’s Claude triggered a trillion-dollar selloff. A new upgrade could make things worse

By Beatrice NolanFebruary 6, 2026

Traders on the floor of the New York Stock Exchange monitor the early moves of the market soon after the trading day began in New York 05 August, 1999.

Software selloff giving you déjà vu? We’ve been here before, says Deutsche Bank, when the dotcom bubble burst

By Eleanor PringleFebruary 6, 2026

Sam Altman speaking into a mic.

OpenAI’s new model leaps ahead in coding capabilities—but raises unprecedented cybersecurity risks

By Sharon GoldmanFebruary 5, 2026

tiktok

Gen Z is rebelling against TikTok USA by installing another app—founded by an Oracle alum

By Nick LichtenbergFebruary 5, 2026

Amodei

Tech giants are shelling out up to $400K for AI evangelists to defend against surging American skepticism

By Jake AngeloFebruary 5, 2026

Amazon CEO Andy Jassy

Hey Alexa—Amazon may be teaming up with OpenAI. Here’s why that matters

By Sharon GoldmanFebruary 5, 2026

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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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By Eva RoytburgAugust 8, 2026

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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By Jason MaAugust 7, 2026

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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By Sydney LakeAugust 8, 2026

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