Another Top Executive Departs OpenAI Even As The Company Continues Marching Toward Its Massive IPO Chris Malone became the latest top executive to leave the company. International Business Times · Aug 26
Bessent Is Trying to Push Bond Yields Lower. His Former Mentor Says It Won't Work. Billionaire investor Stanley Druckenmiller has emerged as one of the most prominent critics of the Treasury's expanding intervention in the bond market. International Business Times · Aug 26
The Risks China and Major Trade Partners Of Iran Could Face From Trump's Economic Pressure Although enforcement details remain unclear, the strategy could have major consequences far beyond Tehran, particularly for China, the United Arab Emirates, Turkey, Iraq and India. International Business Times · Aug 26
Ukraine Continues Attacks On Russian Online Retailers. Putin Vows To Retaliate. Ozun, Russia's second largest online retailer, has been hit with several Ukrainian attacks. International Business Times · Aug 25
The SEC Reportedly Wants To Know More About Wall Street Banks' Role In The Fall Of Situational Awareness Goldman Sachs, JP Morgan, Citigroup and Bank of America have been contacted. International Business Times · Aug 25
Estrogen Patch Supply Still Falls Short of Demand While the Product Stays Off the Federal Shortage List Manufacturers say the supply of estrogen patches cannot meet demand, but the FDA has not listed estradiol patches as in shortage. Here is why that gap matters. Medical Daily · Aug 25
Two Top Banks Say The Treasury's Strategy To Buy Back Bonds Won't Bring Down Yields "We think the buybacks themselves are unlikely to meaningfully reset rate levels even if scaled up," said Goldman Sachs strategists. International Business Times · Aug 25
Studying in America is anything but a dream now The US education-to-employment route is becoming costlier for Indian students. Annual costs at 16 colleges have crossed $100,000, while a proposed $103,265 H-1B employer fee could complicate post-study hiring. Meanwhile, Indian first-year applications to US colleges have fallen 14%. The Economic Times · Aug 25
Stock Indices Finish Mostly Lower on Chipmaker Weakness The S&P 500 Index ($SPX ) (SPY ) closed down by -0.28% on Monday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up by +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.97%. E-mini S&P futures (ESU26 ) fell -0.27%, and September E-mini... Barchart · Aug 24
The U.S. Escalated The Trade War With Canada And Unveiled More Sanctions Against Iran. Stocks Were Mixed. Key technology stocks led the decline, overshadowing a decrease in Treasury yields. International Business Times · Aug 24
Dollar Moves Higher as US Ramps Up Pressure on Iran The dollar index (DXY00 ) rose by +0.22% on Monday. The dollar gained on Monday on safe-haven demand after US Treasury Secretary Bessent unveiled US plans to isolate Iran’s economy. The weakness in stocks on Monday also boosted liquidity demand for the dollar. Gains in the dollar were limited by... Barchart · Aug 24
Who is Dali Rajic, OpenAI’s new chief revenue officer? OpenAI is counting on the veteran sales exec known as 'Croation Sensation' to shore up its enterprise revenue ahead of a likely iPO. He's got his work cut out for him. Fortune · Aug 24
Rout in Chipmakers Weighs on Broader Market The S&P 500 Index ($SPX ) (SPY ) is down by -0.27% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.00%. E-mini S&P futures (ESU26 ) are down -0.26%, and September E-mini... Barchart · Aug 24
Tech Giants Dominated The S&P 500 For Years. Now The Other 493 Stocks Are Catching Up. Equal-weight strategies are outperforming in 2026 as gains spread beyond the Magnificent Seven, giving investors another way to own the S&P 500 without concentrating so heavily on its biggest companies. International Business Times · Aug 24
Barchart · Aug 24 Dollar Gains on Weak Stocks The dollar index (DXY00 ) is up by +0.17% today. The weakness in stocks today has boosted some liquidity demand for the dollar. Also, today’s report on the July Chicago Fed national activity index was stronger than expected, supportive of the dollar. Gains in the dollar are limited by today’s...
Barchart · Aug 24 Stocks Pressured by Weakness in Chipmakers and AI-Infrastructure Stocks The S&P 500 Index ($SPX ) (SPY ) is down by -0.43% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.41%. E-mini S&P futures (ESU26 ) are down -0.36%, and September E-mini...
International Business Times · Aug 24 The Treasury Could Reportedly Dip Into The Massive Treasury General Account To Fund Bond Buybacks Treasury Secretary Scott Bessent announced last week the doubling of bond buybacks, but concerns returned quickly.
International Business Times · Aug 24 Bessent Wants to Bring Treasury Yields Down. Warsh Could Complicate the Plan. While Bessent has tools that can affect the supply and structure of government debt, a sustained attempt to push Treasury yields lower could eventually require cooperation from the Federal Reserve.
The Economic Times · Aug 24 Trump vs Michael Burry: US Prez buys shares of Warren Buffett's firm but 'Big Short' investor feels it's not an attractive bet Donald Trump bought $1–5 million of Berkshire Hathaway shares in June, even as investor Michael Burry questioned the stock’s future after Warren Buffett’s succession. Berkshire has begun deploying its record cash reserves under Greg Abel, buying equities including Alphabet. Strong quarterly profits and revenue growth continue to support investor interest.
The Independent UK · Aug 23 Trump made more than 1,000 trades in June totaling millions, financial disclosures reveal Trump’s trades in June come as Congress debates stock-trading ban
The Times of India · Aug 23 An Iowa couple bought an abandoned fire station for $90,000; nearly 10 years later, they had turned the black-mold-covered 1960 building into their family dream home Growing up in Iowa, Steven and Ashley Evans knew all about the local fire station in Cedar Rapids because it was right by the high school they both attended. “We always dreamed we’d live here one day. It went up for sale and we thought we’d come check it out,”…
The Economic Times · Aug 23 Donald Trump revealed 1,000 stock trades in June: Here is what he bought and sold US President Donald Trump disclosed over 1,000 financial transactions in June, worth between $78.1 million and $263.1 million, revealing significant portfolio reshuffling. Key transactions included liquidating Vanguard ETF holdings while picking up shares in Berkshire Hathaway, Visa, Mastercard, and defense stocks.
Fortune · Aug 22 Even billionaires are worried their Gen Z kids can't keep a job—and their wealth advisors say the fear is 'very real' It’s a “very real concern” for the ultrawealthy that their children aren’t prepared for the future, wealth advisor Tom Thiegs told Fortune.
Fortune · Aug 22 Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year Billionaire Amazon founder, Jeff Bezos, says the bottom 50% of Americans should pay no federal income tax—and he plans to pitch the idea to President Trump.
International Business Times · Aug 21 New York Just Beat San Francisco in Tech Talent Attraction. Wall Street and AI Are Fueling the Rise. New York now has 394,300 tech talent jobs, surpassing the San Francisco Bay Area's 375,730, according to a new report.