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on 08/12/2026

CoreWeave stock pops 13% as revenue doubles on accelerating AI infrastructure demand

CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.

on 08/11/2026

Trump says NYC pied-à-terre tax 'must be stopped,' eyes federal block

Trump in a Truth Social post called Mamdani's pied-à-terre tax a "dangerous political 'experiment' in New York will destroy" the city and state.

on 08/11/2026

Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China

Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?

on 08/12/2026

GM reaches up to $4.5 billion parts deal designed to avoid supply chain troubles

The deal follows years of global automotive supply chain issues for GM and other companies.

on 08/11/2026

An inflation report Wednesday should be a big deal for the Fed. Here's what to expect

The consumer price index is expected to show only a modest increase for July.

on 08/11/2026

AI computing power is becoming a tradable asset class as CME launches futures contracts

The exchange is partnering with Silicon Data to introduce two compute futures contracts on Oct. 5, pending regulatory review.

on 08/11/2026

Trump administration ends Medicaid, CHIP funding for gender-affirming care for children

Federal dollars in the two health insurance programs would not go toward gender-affirming care, but states could still cover the treatments.

on 08/11/2026

Trump wants to split the MMR vaccine. Experts say that's unlikely — and comes with consequences

Doctors and other experts say that splitting the measles, mumps and rubella shot has no scientific basis and is unlikely to get off the ground.

on 08/11/2026

U.S. oil rises above $83 a barrel as Iran says Strait of Hormuz won't open until conditions are met

U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.

on 08/11/2026

Wall Street just endorsed Jensen Huang's 'big concept' for AI. What now?

The first three-plus years of the AI build-out have been funded by record amounts of equity and debt issued by leading tech companies. Nvidia has a new idea.

on 08/11/2026

Parents could put pretax paycheck money into Trump Accounts, with employers matching, Treasury says

The U.S. Department of the Treasury issued guidance that could allow parents to make pretax contributions to a child's Trump Account directly from their paycheck.

on 08/11/2026

Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure

Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic

on 08/11/2026

Democrats clash again in Minnesota and Wisconsin primaries as big midterm races take shape

In Minnesota, progressive Lt. Gov. Peggy Flanagan and moderate Democratic Rep. Angie Craig are competing for the nomination to succeed the retiring Sen. Tina Smith.

on 08/11/2026

Longtime OpenAI executive Brad Lightcap leaves as shake-up at AI lab continues

Longtime OpenAI executive Brad Lightcap announced his departure on Tuesday, the latest in a series of recent leadership shake-ups at the company.

on 08/11/2026

Manus to return as independent company after China forced Meta to unwind $2 billion deal

Last December, Meta said it planned to acquire Manus for $2 billion, its latest effort to shore up its AI strategy.

on 08/11/2026

Pakistan signals progress on U.S.-Iran deal as Washington and Tehran trade reparation demands

Washington and Tehran remain far apart even as both sides talked of winding down regional hostilities.

on 08/11/2026

Target appoints its first chief AI officer as big retailers bet on AI

Target announced its first-ever chief artificial intelligence officer on Tuesday as retailers race to take advantage of the AI boom.

on 08/11/2026

We're lifting our price target on Cardinal Health after issuing rosy profit guidance

The quarter wasn't totally clean, but strong profitability matters the most.

on 08/11/2026

Invitation Homes CEO says ban on institutional homebuying will bring down prices, but not immediately

The CEO of the nation's largest single-family rental landlord said the new law banning large-scale investors from the market will lower prices in the long term.

on 08/11/2026

Why JPMorgan is investing big in the 2028 LA Olympics

JPMorgan is making a nine-figure bet as the Olympics Games' first-ever global banking partner.

on 08/11/2026

Intel upsizes stock offering to $20 billion at $95 per share as AI demand accelerates

Technology giants have shelled out trillions to support insatiable AI demand and the infrastructure buildout.

on 08/11/2026

Polymarket makes moves to get house in order before expected boom times for prediction markets this fall

The marketing changes come amid an investigation by the Commodity Futures Trading Commission into the company's promotional practices.

on 08/11/2026

Credit card debt climbs to $1.26 trillion as ‘K-shaped’ divide persists, New York Fed research finds

Credit card balances are ticking higher midway through the year, according to a new report on household debt from the Federal Reserve Bank of New York.

on 08/11/2026

Baby products company Frida is expanding into kids’ personal care

Baby products company Frida is launching a new category of personal care items for kids, tapping into a growing market and largely untapped space.