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Dow falls more than 400 points, oil rises after new U.S. strikes against Iran: Live updates
The Dow fell 400 points following U.S. military strikes against Iran, which triggered a surge in oil prices. Wall Street opened lo
topic2027 Lexus NX Debuts With A New Look And More Hybrid Power
Lexus has unveiled the 2027 NX crossover, which removes all gas-only powertrains in favor of a hybrid-only lineup. The updated veh
topicFrom Salmonella Eggs to Diarrhea Lettuce, Why This Has Been a Sick Hot American Summer
A wave of foodborne illness outbreaks and skyrocketing recall volumes have strained the American food safety net throughout the su
topicDonald Trump Jr.’s Firm Leads $1 Billion Funding Round for Polymarket
Polymarket has raised $1 billion in a funding round led by 1789 Capital, a venture firm where Donald Trump Jr. serves as a partner
topicFTC Lawsuit Puts Amazon’s (AMZN) High-Margin Advertising Business in Focus
The U.S. Federal Trade Commission and 22 states have sued Amazon, alleging the company secretly inflated advertising prices for ov
topicKalshi bans former GOP congressman George Santos for life
Prediction market Kalshi has permanently banned former U.S. Representative George Santos, marking the first lifetime ban in the pl
topicAlphabet Slides 2.7% as OpenAI's Ad Run Rate Hits $1 Billion
Alphabet shares fell 2.7% following reports that OpenAI's advertising business reached a $1 billion annualized revenue run rate. W
topicCOMMENTARY: Trading Day: Bonds shaken, and stirred
The 10-year Treasury yield has surpassed 4.75%, marking its highest point since January 2025. This breakout has pressured stock ma
'We're back': Strategy buys another 4,603 bitcoin for $369.7 million as holdings hit 845,050 BTC
Strategy has resumed its bitcoin acquisition program, purchasing 4,603 BTC for $369.7 million. This transaction brings the company
topicStock Market Today: Dow ends lower but still logs fifth month of gains; Nasdaq and S&P 500 gain in August despite Brent oil above $90 and 30-year yields at 5.25%
US stock markets declined as the Dow fell 350 points and the S&P 500 and Nasdaq dropped following US strikes on Iranian rocket lau
topicNvidia pauses revenue-sharing deals with AI cloud companies, WSJ reports
Nvidia has paused parts of its AI cloud revenue-sharing program launched in July, following internal antitrust concerns and object
topicWalmart agrees to pay $50M settlement over allegations its pharmacies filled illegal opioid prescriptions
Walmart will pay $50 million to resolve a lawsuit alleging its pharmacies filled thousands of invalid opioid prescriptions. The se
topicFTC alleges Amazon illegally made $20 billion by rigging billions of ad auctions
The US Federal Trade Commission (FTC) and 22 states have sued Amazon, alleging the e-commerce giant illegally made $20 billion by
topicDell again lifts annual forecasts as AI demand powers record results
Dell Technologies raised its annual revenue outlook to $192 billion and adjusted earnings per share forecast to $25.50, driven by
topicBessent sees growth in bond yield surge. Voters see pain.
Bessent views the bond market positively despite a global sell-off. The 10-year Treasury yield has spiked, causing concerns among
topicFast-fashion giant Shein's shares fall after Hong Kong trading debut that spotlights its China roots
Shein's Hong Kong stock market debut was lackluster, with shares falling as much as 10% after the company raised $1.7 billion. The
topicSo how big *was* Bessent’s yentervention?
The Japanese yen jumped against the dollar on Wednesday, its biggest rise since joint U.S.-Japanese intervention a month ago. Bess
topicMarkets see Warsh endorsing a rate hike in September. Not everyone is convinced
Federal Reserve Chairman Kevin Warsh's recent speech at Jackson Hole has led markets to price in a higher chance of a rate hike in
topicWhere are mortgage rates heading in August
Mortgage rates are trending upward, but their future direction is uncertain. In August, private payrolls grew by 38,000, led by ed
topicParamount’s Trying To Pull A Fast One With $1.88B Bond Request In Antitrust Trial, State AGs And WGA Declare
Paramount is seeking to settle with 12 states in an antitrust trial regarding its merger with Warner Bros. Discovery, but the offe
topicUS job openings rise slightly to 7.3 million as labor market remains sturdy despite higher costs
US job openings increased slightly to 7.3 million in July, indicating stable labor demand despite higher costs. While openings ros
topicWaymo’s Denver fleet is set to start providing driverless rides to the public today
Waymo began providing paid driverless rides to the public in Denver, San Diego, and Tampa today. This expansion increases the comp
topicStock market today: Dow, S&P 500, Nasdaq futures fall as US-Iran war escalates, inflation jitters return
Dow, S&P 500, and Nasdaq futures declined Wednesday as escalating warfare between the US and Iran pushed oil prices and bond yield
topicData Center Spending to Reach $31.6 Trillion by 2050 on AI Boom
Artificial intelligence is driving a massive surge in infrastructure investment, with data center spending expected to reach $31.6