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Economy
DOE Issues Emergency Power Order Across 17 States as Extreme Heat Pushes U.S. Grid Toward the Limit
DOE Issues Emergency Power Order Across 17 States as Extreme Heat Pushes U.S. Grid Toward the Limit The U.S. power grid is facing another major stress test as extreme summer heat drives electricity demand higher across the central United States, prompting the Department of Energy (DOE) to issue an emergency order covering a 17-state region....
Business
US GDP Growth Slows to 1.5% While Jobless Claims Rise to 197K: What the Latest U.S. Economic Data Means for Markets
US GDP Growth Slows to 1.5% While Jobless Claims Rise to 197K: What the Latest U.S. Economic Data Means for Markets The U.S. economy delivered mixed signals on Thursday as second-quarter GDP growth slowed more than expected while initial jobless claims increased from the previous week, pointing to moderating economic momentum but a labor market...
Business
Bank of England Holds Rates at 3.75%: Why the UK Central Bank Is Still Worried About Inflation
Bank of England Holds Rates at 3.75%: Why the UK Central Bank Is Still Worried About Inflation The Bank of England (BoE) has kept its benchmark interest rate unchanged at 3.75%, matching market expectations and marking the fifth consecutive meeting at which the rate has remained at this level. The decision comes as UK inflation...
Commodities
Iran Claims It Destroyed 3 F-35s at U.S. Base—But Is the Claim True?
Iran Claims It Destroyed 3 F-35s at U.S. Base—But Is the Claim True? Iran has made a dramatic claim that could have major implications for the U.S.-Iran conflict: the Islamic Revolutionary Guard Corps (IRGC) says a missile strike on Jordan’s Al-Azraq Air Base destroyed three U.S. F-35 fighter jets and heavily damaged three more. But...
Business
AI Hedge Fund Faces Fresh Capital Pressure After July Tech Rout Hits Leopold Aschenbrenner’s $20 Billion Strategy
AI Hedge Fund Faces Fresh Capital Pressure After July Tech Rout Hits Leopold Aschenbrenner’s $20 Billion Strategy Leopold Aschenbrenner’s Situational Awareness LP, the AI-focused hedge fund that became one of the most closely watched investment stories of 2026, is reportedly seeking fresh capital after a sharp July sell-off battered some of its technology and artificial-intelligence...
Finance
Wisconsin Brewery Loses Alcohol Permit After Trump Death Beer Controversy Sparks National Backlash
Wisconsin Brewery Loses Alcohol Permit After Trump Death Beer Controversy Sparks National Backlash A Wisconsin brewery known for its outspoken political views is facing a major business and legal fight after state officials moved to revoke its alcohol permit, bringing renewed attention to its controversial promise of free beer if Donald Trump dies. The brewery,...
Business
Dow Plunges 1,153 Points After Fed Decision as Wall Street Faces Fresh Rate Shock
Dow Plunges 1,153 Points After Fed Decision as Wall Street Faces Fresh Rate Shock The Dow Jones Industrial Average suffered its worst trading day in more than a year, tumbling 1,153.18 points, or 2.2%, to 51,594.14 on Wednesday after the Federal Reserve kept interest rates unchanged but delivered a message that investors interpreted as more...
Opinion
Bianca Censori Revives Her Most Controversial Look Yet During Ibiza Night Out With Kanye West
Bianca Censori Revives Her Most Controversial Look Yet During Ibiza Night Out With Kanye West Bianca Censori is once again dominating celebrity and fashion headlines after stepping out in Ibiza wearing a sheer, flesh-toned bodysuit during a night out at the DC-10 nightclub. The bold look immediately drew comparisons with her headline-making appearance at the...
Economy
Trump Officials Accused of Using AI and Mobster Testimony to Bolster James Comey Case
Trump Officials Accused of Using AI and Mobster Testimony to Bolster James Comey Case Former FBI Director James Comey’s legal battle with the Trump administration has taken a dramatic new turn, after his lawyers alleged in a court filing that government investigators used AI tools and sought information from a former Mafia figure while building...
News
Tropical Storm Fausto Weakens Near Hawaii as Dangerous Surf and Muggy Weather Move In
Tropical Storm Fausto Weakens Near Hawaii as Dangerous Surf and Muggy Weather Move In Tropical Storm Fausto has weakened significantly as it passed north of the Hawaiian Islands, but the storm’s remnants are still influencing local weather conditions. Hawaii is now dealing with lighter winds, muggy conditions and lingering concerns about elevated surf along some...