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FOUND: 40 | Mind Blowing Facts

Wall Street is bemused by Bessent's bond plan and an 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?"

Fortune · Aug 21

Fortune Tech: Anthropic IPO, Trump digs data centers, SuperMicro's investigation

In today's edition: Anthropic IPO, Trump digs data centers, SuperMicro's investigation, ChatGPT Apple Messages, Slack, Poolside Nvidia deal, Broadcom, Airwallex

Fortune · Aug 21

Bond traders believe Bessent’s ‘band-aid’ was ‘a heinous financial crime’

Everything you need to know before you reach the office this morning.

Fortune · Aug 21

From analysis to the latest developments in health,
read the most diverse news in one place.

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.

Fortune · Aug 21

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 frontier. Don't get caught in between.

Fortune · Aug 21

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 for durable, high-quality businesses.

Fortune · Aug 21

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 mainstream.

Fortune · Aug 21

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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 know their own communities best.

Fortune · Aug 21

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 to live on

Fortune · Aug 21

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.

Fortune · Aug 21

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 for at least seven years.

Fortune · Aug 21

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.

Fortune · Aug 21

Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO

In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion

Fortune · Aug 20

Supermicro investigation clears CEO in $2.5 billion alleged smuggling scheme

The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered company.

Fortune · Aug 20

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Fortune · Aug 20

Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion

“I was in my bedroom,” OPM director Scott Kupor said in an all-hands meeting this week. “I was trying to find something that was not recognizable as being in my house, basically.”

Fortune · Aug 20

AI lab's safety systems are falling behind

Recent incidents involving OpenAI, Anthropic, and Meta show what happens when increasingly capable AI agents are tested in flawed environments. A new assessment finds leading labs are better at spotting risky behavior than reliably stopping it.

Fortune · Aug 20

Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'

"We can grow our way out of that," the Treasury Secretary told CNBC on Thursday.

Fortune · Aug 20

Gen Z forced to rewrite the American Dream in the 'Great Postponement': Fixer-uppers, side hustles and doing life out of order

"We've not seen challenges in terms of affordability like this in more than a generation," said Wharton professor Susan Wachter.

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news in one place.

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Fortune · Aug 20

Facing weary customers, Walmart will use its nearly $3 billion in tariff refunds to lower prices

Walmart passed on tariff-related costs last year and is now trying to lower prices as shares fell nearly 9% after its U.S. sales growth hit a six-year low.

Fortune · Aug 20

Bill Ackman's $400 million brain institute was inspired by his daughter—and built outside elite universities, which he says are losing talent

The billionaire investor said campus politics and funding cuts have made academia less attractive

Fortune · Aug 20

Moderna co-founder is a billionaire once again at $1.7 billion—he once turned down 20 high-paying job offers to ‘have more of an impact on the world’

Billionaire biotech pioneer Robert Langer advises workers to do what makes them happy over money and job security: “If you give up too easily, that's not good.”

Fortune · Aug 20

One U.S. Army unit is offering 4-days off to play Grand Theft Auto—but there’s a catch: they’ll have to reenlist if they take the day off to play

From the Army to small businesses: organizations are getting ahead of the GTA VI launch curve—and giving days off to steal virtual cars.

Fortune · Aug 20

How Nneka Ogwumike changed the WNBA

The president of the WNBA players' union is retiring after 15 seasons—and a labor agreement that's historic across professional sports.

Fortune · Aug 20

As U.S. debt hits $40 trillion, Americans will foot the bill: Report finds $700 a month is at stake for retirees, and poses $53,000 hit to families

"Addressing the national debt deserves to be a high priority for both voters and lawmakers, to benefit all Americans."

Fortune · Aug 20

Exclusive: Venezuela, sick with hyperinflation, engages the ‘money doctor’ Steve Hanke for a dose of dollarization medicine

The Johns Hopkins professor has spent five decades traveling the world, fighting for the cause of sound money. He's taking on his biggest dragon yet.

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