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HISTORICAL FACTS: 8 | History Defined

United States likely added 65,000 jobs last month, but jobseekers struggle and pay gains are meager

The U.S. Labor Department is expected to report that the American job market bounced back last month from a dismal July

The Independent UK

OpenAI CEO Sam Altman says 38,000 ChatGPT queries use as much water as the production of one almond — says data centers use no more water than an office building

Sam Altman says that a single almond uses up more water than 38,000 ChatGPT queries. He said that the concerns of people about data centers using up so much water are nothing but a "robust meme," and that the claim doesn't hold up to any scrutiny.

Tom’s Hardware

Xbox Cloud Gaming Imposes Streaming Limits to Only 15 Hours Per Month—What Happens After?

Xbox Cloud Gaming imposes limits to its streaming features, with the highest tier getting only 15 hours per month.

Player One

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Soda sales fizzle out after changes to food stamps prevent recipients from buying pop

Restricting sugary drink purchases for SNAP recipients will ‘help put real food back at the center of the program,’ Health Secretary Robert F. Kennedy Jr. said

The Independent UK

AI Not the Biggest Villain This Time: US Layoffs Fall To Four-Year Low, Corporate Restructuring Drives Cuts

US employers announced 52,881 job cuts in August 2026, marking the slowest August for layoffs since 2022, with AI concerns persisting but not being the primary cause.

International Business Times UK

US stocks today: Dow soars 600 pts, S&P, Nasdaq over 1% as Fed governor Waller's remarks ease rate hike fears

US stocks rallied over 1% on Thursday as Fed Governor Christopher Waller's comments eased rate hike fears ahead of the US jobs report. The S&P 500, Nasdaq and Dow Jones all gained, while Nvidia and software stocks rose. Broadcom fell after its revenue forecast failed to meet high AI expectations.

The Economic Times

US 30-year mortgage rate hits highest level in more than a year

US 30-year mortgage rates have climbed to their highest level in more than a year, adding to affordability pressures for homebuyers. The rise comes as Treasury yields remain elevated amid inflation concerns, government borrowing needs and Middle East tensions, while Fed Governor Christopher J. Waller signals a possible pause on…

The Economic Times

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Gold jumps 2% as Fed Governor Waller's comments temper rate hike bets

Gold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar further boosted bullion, while investors await US jobs and inflation data.

The Economic Times

Not All Debt Is a Four-Letter Word: Are You Avoiding the Kind of Debt That Could Benefit You?

Debt can be a tool for long-term financial well-being. Loans for education, business expansion or high-interest consolidation can help you build wealth.

Kiplinger

Fed's Waller says safety premium for Treasuries is gone, pushing neutral rate higher

Fed Governor Christopher Waller said the loss of the traditional safety premium on US Treasuries is pushing the neutral interest rate higher, potentially keeping borrowing costs elevated. He also warned that the US cannot simply grow its way out of its $40 trillion debt burden without bringing structural deficits closer…

The Economic Times

What You Need to Know About the $20 Billion Lawsuit That Could Change Amazon Ads Forever

Regulators say Amazon secretly overcharged advertisers by more than $20 billion in hidden ad fees. Texas filed its own separate lawsuit the same day.

Latin Times

Psychology says people who just do the bare minimum at work aren’t necessarily lazy: What this behaviour reveals?

Psychology says people who just do the bare minimum at work aren’t necessarily lazy. They may be dealing with burnout, low recognition, unfair rewards, or a lack of motivation. This behavior is linked to quiet quitting and Act Your Wage. Psychology theories explain why employees may protect their energy, set…

The Economic Times

Could Someone Be Collecting a Commission From Your Health Insurance Without Your Knowledge?

A health insurance agent or broker can earn a commission from an insurance company when they help someone enroll in a plan, and that payment may never appear as a separate charge on the consumer’s bill. That does not automatically mean something shady happened, but it does create an important…

Everybody Loves Your Money

What Happens When You Pay Your Credit Card Bill Every Week Instead of Once a Month

Paying a credit card bill once a month feels like the default setting because, well, that is how the statement arrives. But sending a payment every week can change the way money moves through the account, especially for someone who tends to spend throughout the month and then gets a…

The Free Financial Advisor

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International Business Times UK

Dell Stock Skyrockets After Q2 EPS Surges 200%, AI Server Business Secures $60.9B in Orders

Dell Technologies stock surged 15% following a 203% rise in Q2 adjusted EPS, driven by record AI server revenue, as well as a 122% revenue growth in its traditional servers and networking segment.

Saving Advice

FTC and 22 States Sue Amazon, Alleging Secret Ad Scheme Cost Advertisers More Than $20 Billion

Amazon is facing a new federal lawsuit alleging the company secretly manipulated the auctions used to determine advertising prices, costing more than 1.2 million brands...

The Independent UK

Unemployment claims tick up to 206,000 but remain at historically low levels

More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels

The Free Financial Advisor

10 States Where Homeowners Are Falling Furthest Behind on Their Mortgages

Mortgage trouble rarely starts with one dramatic financial disaster. More often, it creeps into a household budget through higher everyday expenses, an unexpected repair, a job change, or a few bills that suddenly seem determined to arrive at the same time. Recent Consumer Financial Protection Bureau mortgage performance data show…

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International Business Times

Nvidia Confirms The Acquisition Of Hugging Face For Almost $13 Billion. Its Stock Is Edging Up.

Nvidia CEO Jensen Huang said the deal will allow the company to "expand access to AI for developers and institutions worldwide."

International Business Times UK

Uber Scraps Remote Work for 99% of Its Corporate Staff Whilst Simultaneously Slashing 3,300 Jobs

Uber announces 3,300 job cuts and reduces remote-work roles, affecting its global workforce. The restructuring aims to simplify operations and focus on future investments, such as autonomous vehicles.

Reason

How St. Paul's Rent Control Experiment Backfired Spectacularly

Construction of new housing collapsed in the Minnesota city as builders took their business elsewhere.

The Guardian - US

Temperature check: alarm as prediction markets lean into weather and climate bets

Climate experts warn that US Kalshi and Polymarket users are ‘gamifying disasters’ as they bet on events like heatwaves and daily temperatures

Reason

Trump's Venezuela Oil Deal Sells Out Democracy and Free Markets

The Trump administration isn't trying to end socialism in Venezuela. Instead, it is doing socialism in Venezuela.

The Economic Times

US private credit portfolios show signs of stabilisation in second quarter

In the second quarter of 2026, US private credit portfolios experienced a notable trend of stabilization, despite lenders continuing to mark down software loans. There was an increase in non-accrual debt, leading to portfolio values dipping below reported costs due to significantly widened market spreads. This situation highlights rising pressures…

The Economic Times

US economic activity rises modestly, inflation pressures persist: Fed Beige Book

Recent reports indicate a modest growth in US economic activity alongside slight increases in employment figures. However, moderate price rises have been observed throughout most Federal Reserve districts, with businesses facing higher costs in energy and transportation, which is affecting consumer spending. The housing market remains sluggish, pressured by high…

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