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Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

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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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Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first house

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

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.
Iran rejects U.S. talks for now as wait for Hormuz deal drags on
Iran rejects U.S. talks for now as wait for Hormuz deal drags on

“As long as the American violation of the Memorandum of Understanding continues and the US does not make amends for its violations, there is no possibility of resuming negotiations.”

By Sara Gharaibeh, Patrick Sykes and BloombergAugust 9, 2026
Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
Iran-backed Houthi rebels attack crucial Red Sea port and Saudi Aramco refinery as fighting escalates
By The Associated PressAugust 9, 2026
Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
Eastern Mediterranean Sea is fast becoming an alternative energy source for Europe amid wars in Ukraine and Mideast, Cyprus says
By Menelaos Hadjicostis and The Associated PressAugust 9, 2026
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
This nuclear startup and Halliburton repurposed oil-drilling tech in a bid to solve America’s radioactive waste problem
By Jordan BlumAugust 9, 2026
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
Iran issues long list of steep demands the U.S. must satisfy before the Strait of Hormuz will be reopened, including total compensation for war damage
By The Associated PressAugust 8, 2026
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
Iranian officials are worried the U.S. blockade will cause an economic collapse and admit sanctions relief is desperately needed
By Jason MaAugust 8, 2026
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Senate candidate Abdul El-Sayed says he got advice from Barack Obama and had a ‘really warm and inspiring’ conversation
Politics
Senate candidate Abdul El-Sayed says he got advice from Barack Obama and had a ‘really warm and inspiring’ conversation
By Will Weissert and The Associated PressAugust 9, 2026
Mysterious drone flights continue plaguing Europe after an explosive-laden drone was found at a German airport used to support Ukraine
Politics
Mysterious drone flights continue plaguing Europe after an explosive-laden drone was found at a German airport used to support Ukraine
By Stefanie Dazio and The Associated PressAugust 9, 2026
Pentagon tells defense execs to submit plans in 3 weeks to boost weapons production dramatically. ‘Years-long development cycles are not acceptable’
Economy
Pentagon tells defense execs to submit plans in 3 weeks to boost weapons production dramatically. ‘Years-long development cycles are not acceptable’
By The Associated PressAugust 9, 2026
Corcoran Group CEO says Gen Z’s housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,’ she advises
Success
Corcoran Group CEO says Gen Z’s housing market struggles mirror what boomers faced 30 years ago: ‘Stop buying Starbucks coffee,’ she advises
By Orianna Rosa RoyleAugust 9, 2026
Andrew Feldman, Co-Founder and CEO, Cerebras Systems
Success
CEO of $49 billion AI company says it’s ‘mind-boggling’ people think you can work 38 hours a week, have work-life balance, and be successful
By Emma BurleighAugust 9, 2026
Why every company wants an AI model router right now 
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Why every company wants an AI model router right now 
By Sharon GoldmanAugust 9, 2026
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‘Your back’s against the wall’: How two Gen-Z founders bet everything on a Brooklyn laundromat
By Tatiana SatauaAugust 9, 2026
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AI’s new millionaires want to disrupt philanthropy. They should fund what already exists
By Max Simkoff and Lisa Countryman-QuirozAugust 9, 2026
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Current price of oil as of August 3, 2026
Personal Finance
Current price of oil as of August 3, 2026
By Joseph HostetlerAugust 3, 2026
Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
Investing
Markets signal investors are back in buying mode again after Kospi’s record surge, while Trump gives peace a chance with latest Iran reversal
By Jason MaAugust 2, 2026
Here’s how Trump has zig zagged with on-again, off-again strikes throughout the Iran war
Energy
Here’s how Trump has zig zagged with on-again, off-again strikes throughout the Iran war
By Melanie Lidman and The Associated PressAugust 2, 2026
As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say
Middle East
As Trump balks again at escalating war, Iran smells ‘blood in the water’ and looks to exploit its newfound strategic advantage, experts say
By Jason MaAugust 2, 2026
Fortune Archives: The oil boom that never ended
Newsletters
Fortune Archives: The oil boom that never ended
By Indrani SenAugust 2, 2026
Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
Middle East
Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
By Jason MaAugust 1, 2026
Exxon, Chevron warn fuel prices to endure as war knocks refining
Energy
Exxon, Chevron warn fuel prices to endure as war knocks refining
By Kevin Crowley and BloombergAugust 1, 2026
Mike Wirth, chief executive officer of Chevron.
Energy
Chevron posts largest quarterly profit ever, and Exxon income surges as Iran war squeezes oil supply
By Jordan BlumJuly 31, 2026
oil
Energy
Chevron’s profit nearly quadrupled. Drivers are paying for it at $4 a gallon
By Cathy Bussewitz and The Associated PressJuly 31, 2026
Current price of oil as of July 31, 2026
Personal Finance
Current price of oil as of July 31, 2026
By Joseph HostetlerJuly 31, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
Success
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
By Sydney LakeJuly 30, 2026
Bank of England (BoE) Governor Andrew Bailey, right, and BoE Deputy Governor Clare Lombardelli attend the Monetary Policy Report press conference.
Banking
Bank of England keeps interest rates at 3.75% for fifth time this year
By The Associated Press and Danica KirkaJuly 30, 2026
Current price of oil as of July 30, 2026
Personal Finance
Current price of oil as of July 30, 2026
By Joseph HostetlerJuly 30, 2026
Dow COO Karen Carter wearing a white lab coat and sitting while smiling
Energy
Dow’s new CEO is ‘blessed to be stressed’—and steering a turnaround amid oil market upheaval
By Jordan BlumJuly 30, 2026
nyse
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Dow drops over 1,100 points as sinking tech stocks combine with jumping oil prices to drag markets down
By Stan Choe and The Associated PressJuly 29, 2026
Photo of Kevin Warsh
Energy
Fed expected to hold rates as Iran-Jordan clash reignites war fears, with oil prices jumping more than 4%
By Yuri Kageyama, Matt Ott and The Associated PressJuly 29, 2026
food
Economy
A pound of ground beef now costs $6.82 — and that number is crushing consumer confidence
By Matt Ott and The Associated PressJuly 29, 2026
Current price of oil as of July 29, 2026
Personal Finance
Current price of oil as of July 29, 2026
By Joseph HostetlerJuly 29, 2026
Current price of oil as of July 28, 2026
Personal Finance
Current price of oil as of July 28, 2026
By Joseph HostetlerJuly 28, 2026
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
Newsletters
‘The UAE has been a fantastic investor’: Jeff Zucker hails UAE partnership after Banijay merger
By Melissa HancockJuly 28, 2026
Record heat gives way to global winter gas shortage fears as Iran war rages on
Energy
Record heat gives way to global winter gas shortage fears as Iran war rages on
By Jordan BlumJuly 28, 2026
guano
Energy
The Strait of Hormuz isn’t fertilizer’s first starring role — an 1856 law still defines U.S. overseas territory
By Edward D. Melillo and The ConversationJuly 27, 2026
U.S. to reopen border to Mexican cattle imports after screwworm ban
North America
U.S. to reopen border to Mexican cattle imports after screwworm ban
By The Associated PressJuly 27, 2026
Photo of man walking past anti-U.S. graffit "Down with USA" in Tehran
Asia
U.S. and Iran edge toward talks as Hormuz shipping hits three-week low, regional officials say
By The Associated Press, Samy Magdy and Elena BecatorosJuly 27, 2026
Photo of a New Yorker mother
Economy
Fuel prices stemming from a war in Iran is reshaping daily life for people in the U.S. and Chile to Turkey and Nepal
By The Associated Press and Aniruddha GhosalJuly 27, 2026
Europe has an electrification target. Here’s how it can become a competitive advantage
Commentary
Europe has an electrification target. Here’s how it can become a competitive advantage
By Andreas SchierenbeckJuly 27, 2026
Current price of oil as of July 27, 2026
Personal Finance
Current price of oil as of July 27, 2026
By Joseph HostetlerJuly 27, 2026
Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting
Economy
Kospi index and U.S. stock futures jump as new Hormuz talks send oil prices plunging amid Iran war pause while Wall Street awaits Fed meeting
By Jason MaJuly 26, 2026
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
Middle East
Mideast oil may soon have no way out amid ‘everything everywhere all at once’ wars, but the crisis in refined products is even worse
By Jason MaJuly 26, 2026
The U.S. and Iran pause attacks on each other for a second straight day while Tehran continues talks with Oman over Hormuz
Energy
The U.S. and Iran pause attacks on each other for a second straight day while Tehran continues talks with Oman over Hormuz
By Samy Magdy, Cara Anna and The Associated PressJuly 26, 2026
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Real Estate
Meet the 33-year-old CEO betting on boomers chasing their grandkids—and millennials selling their first houseplaceholder alt text
By Nick LichtenbergAugust 8, 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
Economy
With broad bipartisan support, Congress is about to give Trump 'unchecked authority' to impose new tariffs of up to 100% on top trading partnersplaceholder alt text
By Jason MaAugust 8, 2026
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