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YOU WONT BELIEVE: 9 | Mind Blowing Facts

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

The Guardian - US

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.

Reason

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

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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…

The Economic Times

Microsoft reveals Azure cloud sales in financial reporting shift

Microsoft said that Azure had $29.4 billion in sales in its most recently ended quarter and $101.9 billion in sales ‌in its most ⁠recent ⁠fiscal year ended June 30. The figures place Microsoft behind Amazon, whose cloud sales were $42.2 billion in its most recent quarter, but ahead of Google,…

The Economic Times

Boeing paid $3.1 million fine to FAA over widespread safety violations

Boeing paid a $3.1 million fine to the FAA this year for safety violations. These violations included actions tied to the 2024 Alaska Airlines MAX 9 mid-air emergency. The FAA also cited interference with safety officials' independence and unairworthy aircraft. Hundreds of quality system violations were found at Boeing and…

The Economic Times

Sony's $7.85 Million PlayStation Settlement: Who Could Get PSN Credit And What Happens Next

Sony's proposed $7.85 million PlayStation settlement could pay eligible users in PSN credit. Here's who qualifies and what happens on October 15.

Player One

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Is Boeing Stock Underperforming the Nasdaq?

Though Boeing has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.

Barchart

Chinese AI models threaten US industry by being up to 90% cheaper — and they're driving Google, OpenAI, and Anthropic out of the open market

In the space of a year, US AI model share has dropped considerably as cheaper Chinese alternatives take their places.

TechRadar

LVMH Completes Sale of Marc Jacobs in $925 Million Deal

LVMH has completed the sale of Marc Jacobs to a joint venture between WHP Global and G-III Apparel Group in a transaction valued at approximately $925 million. Marc Jacobs will remain the brand's founder and creative director.

Fashion Times

Dell Stock Reverses 6.8% Sell-Off, Surges After $25 Billion Forecast Raise Flips the AI Trade

Dell Technologies raised its fiscal 2027 revenue forecast by $25 billion, driven by strong AI demand, despite supply constraints. Shares surged nearly 11% following the announcement.

International Business Times UK

Chips won't taste good unless made in US

President Donald Trump already imposed 25% tariffs on certain advanced semiconductors, ordering those import charges in January after a Commerce Department probe into the trade. However, a new round of tariffs could extend their reach beyond semiconductors to products containing chips - hitting imports of data center servers and consumer…

The Economic Times

Lockheed Martin Stock: Is LMT Outperforming the Industrial Sector?

Although Lockheed Martin has outperformed relative to the industrial sector over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.

Barchart

Berkshire Hathaway CEO Greg Abel sees AI, power demand as new engines of growth

Berkshire Hathaway sees AI opportunities beyond technology stocks. The company is investing in Alphabet, a significant player in artificial intelligence. Berkshire Hathaway Energy could benefit from data center power demands. Consumers still face economic pressures from inflation and mortgage rates. Long-term investments in Japanese trading houses remain a strategic focus.

The Economic Times

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Barchart

Is United Parcel Service Stock Outperforming the Dow?

Despite UPS outperforming the broader Dow Jones Industrial Average over the past year, Wall Street analysts remain cautiously bullish on the stock’s outlook.

The Economic Times

Google defeats US bid to force ad tech sale

While the ad exchange is a small part of Google's business, the ruling is the second powerful symbolic victory against the U.S. Department of Justice in its efforts to force Google to sell assets to address illegal monopolies.

The Independent UK

The best and worst American cities for retirement in 2026 — from affordability to health care

One expert said that the ‘best cities for retired people are those that minimize taxes and expenses’

The Free Financial Advisor

You Paid the Credit Card Minimum on Time. So Why Is Your Balance Barely Moving?

Paying the minimum on your credit card by the due date feels like checking an important box. It is, because making at least the minimum payment on time helps you avoid the consequences of a late payment, but it doesn’t necessarily make much progress against the balance. In fact, a…

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International Business Times

Chevron To Invest Billions And Double Oil Production In Venezuela After U.S. Deal

The company will invest $7 billion in the country over the next five years.

The Free Financial Advisor

10 States Where New Credit Card Borrowing Is Changing Fastest

Credit card borrowing looks different depending on where you live, and the latest state-by-state numbers reveal some surprising movement. While some states carry enormous balances, other states have seen their average credit card debt climb much faster over the past year.

Fortune

The companies getting the most from AI are rethinking how work gets done

AI adoption is nearly universal, but McKinsey finds only 37% of companies have seen it move the bottom line.

International Business Times

Lutnick Confirms Trump Admin Is Working On Tariffs On Key Industry For The AI Boom

"We will be successful in semiconductors. They're going to be built in America," Lutnick said.

Medical Daily

Nine More Drugmakers Join the Medicaid Pricing Deals, and the Effect on Your Pharmacy Bill Is Limited

Nine more drugmakers signed most-favored-nation Medicaid pricing deals, bringing the total to 26. Here is what changes and what does not.

The Free Financial Advisor

7 Refund Payments Consumers Could Receive From the FTC Right Now

A refund from the Federal Trade Commission can feel like finding money in a coat pocket, except this time there is an actual reason the money exists. The FTC currently lists dozens of active refund programs, and several are sending payments during 2026 to consumers, workers, students, and customers affected…

Everybody Loves Your Money

What Could Cause Mortgage Delinquency Problems For New Homeowners?

Buying a home can turn a monthly housing payment into a much bigger financial puzzle than many new homeowners expect. Mortgage delinquency can start with something as obvious as losing a job, but it can also grow from less dramatic problems such as an insurance increase, a property tax adjustment,…

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