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EXPLAINED: 6 - The Real Truth

Iran vows 'devastating' response as US threatens toughest ever economic hit

Iran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest financial penalties ever. These measures aim to collapse the Iranian leadership and its regime. Oil prices steadied amid concerns over Gulf energy exports and shipping. China stated that sanctions and pressure…

The Economic Times · Aug 21

Iran-US war latest: Trump says Tehran not ready to make ‘right deal’ after threatening ‘Economic D-Day’

‘The whole world acknowleges our victory,’ said Masoud Pezeshkian as the US threatened to impose the ‘toughest sanctions in history’

The Independent UK · Aug 21

US to impose ‘toughest sanctions in history’ on Iran, Scott Bessent says

United States Treasury chief Scott Bessent announced unprecedented sanctions against Iran. These stringent measures aim to avoid significant new military operations. Oil prices surged following these threats of financial penalties. Iran condemned the sanctions as economic terrorism and vowed defiance. Details of the comprehensive sanctions package will be revealed next…

The Economic Times · Aug 21

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Americans Spend Nearly $2,000 a Year on Sports. Almost Half of Fans Have Taken on Debt

Among Americans who spend money on sports, 47% said they have gone into debt to pay for those expenses, like tickets, streaming subscriptions, and merchandise.

International Business Times · Aug 20

The US national debt has hit a record $40 trillion — how does this impact the average person

‘Federal debt is already raising the cost of living and choking out other spending and investment,’ said one policy expert

The Independent UK · Aug 20

Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'

"We can grow our way out of that," the Treasury Secretary told CNBC on Thursday.

Fortune · Aug 20

US Treasury's Bessent says upsized bond buybacks could increase further

US Treasury Secretary Scott Bessent has outlined a strategy to ramp up bond buybacks, aiming to enhance market liquidity and instill confidence in economic fundamentals. Simultaneously, a fiscal consolidation initiative is underway, targeting savings in the hundreds of billions. This year's deficit has been exacerbated by refunds of illegal tariffs,…

The Economic Times · Aug 20

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Somali Pirates Have Returned To The Seas. A Turkish Vessel Was Seized This Week.

As the Iran war continues to catch the attention of U.S. military assets, piracy in the Red Sea and the Gulf of Aden is again on the rise.

International Business Times · Aug 20

Bitcoin Jumps Above $71,000 As Trump Pushes Crypto Bill. Standard Chartered Sees $100,000 By Year-End.

Bitcoin surged and ether rallied as President Donald Trump urged Congress to pass the Clarity Act.

International Business Times · Aug 20

Unitree Founder Says Humanoid Robots May Take a Decade To Jump To The Mainstream

Wang Xingxing said truly versatile humanoid robots could still be five to 10 years away if development moves slowly, offering a reality check after the company's blockbuster Shanghai market debut.

International Business Times · Aug 20

Walmart's Results Beat Expectations And Hiked Its Outlook For The Year. Its Stock Plunged Anyway.

The company said it will use billions in tax refunds to prevent prices from rising.

International Business Times · Aug 20

Meet Michael Haskell: The 18-year-old who turned $10 storage units into $135,000 business from other people's abandoned belongings

At 18, Michael Haskell has been turning other people's abandoned belongings into a business that brought in about $135,000 in 2025. He buys storage units across the New York tri-state area without knowing exactly what is inside, then sorts through the contents looking for objects that can be resold. The…

The Times of India · Aug 20

Trump Rules Out Iran Ceasefire Extension as Hormuz Standoff Keeps Gas Prices High

Trump won't extend the Iran ceasefire past Monday's deadline. The Hormuz standoff behind it is keeping gas prices high for Latino drivers.

Latin Times · Aug 19

This High-Yield Exchange Stock Just Raised Its Dividend by Nearly 20%

Cboe Global Markets raised its quarterly dividend by 19% to $0.86 per share on Aug. 13, marking the 16th consecutive year of increases, supported by strong options trading volumes and solid second-quarter results.

Barchart · Aug 19

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International Business Times · Aug 19

Retail Investors Aren't Done With AI. But They're Suddenly Hedging Their Bets.

The shift is a notable change from the aggressive "buy the dip" behavior that defined retail trading during previous pullbacks.

International Business Times · Aug 19

Russia Is Facing Energy Shortages Again As Ukraine Pounds Its Infrastructure. Moscow Limits Gas Purchases Again.

Russian President Vladimir Putin admitted there were shortages in June.

Fortune · Aug 19

American Airlines is finally bringing back seatback screens after nearly 10 years in a premium push to win back customers

American is coping with a massive profit gap to competitors amid rising jet fuel costs and a movement towards luxury travel.

Benzinga · Aug 19

Meta Stock Climbs as Landmark Trial Threatens $1.4 Trillion Penalties

Meta Platforms, Inc (NASDAQ:META) stock gained over 1% on Wednesday as traders balance mounting legal risks against a broadly constructive tape, with the S&P 500 up 0.4% and the Communication Services sector gaining 1.1%.

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International Business Times · Aug 19

Possible Skin Cancer Vaccine Shows Promise In Late Stage Trial. Moderna Stock Skyrockets.

The late-stage clinical trial was described as a "landmark moment."

International Business Times · Aug 19

Refiner Stocks Have Soared More Than 80% in 2026. The Last 5 Times This Happened, They Fell Later.

Marathon Petroleum, Valero Energy and HF Sinclair have each surged more than 80% this year, compared with an approximately 11% gain for the S&P 500.

Benzinga · Aug 18

Cybersecurity 'Golden Age' Is Coming, Says Dan Ives — But Warns Of A 'Sci-Fi Movie Gone Bad' Without Regulation

A growing risk of hacks in the artificial intelligence sector could highlight the investment opportunity in cybersecurity stocks, a technology expert says in the call for federal regulation.

International Business Times · Aug 18

Anthropic Revenue Run Rate Hits $65 Billion. The Claude Maker Is Outpacing OpenAI Ahead of Its IPO.

Anthropic filed its prospectus with the SEC in June and has since begun preliminary meetings with potential investors.

International Business Times · Aug 18

Bitcoin Could Be Headed For A 30% Move. The Big Question Is Which Way.

Bitcoin volatility has fallen to historically low levels, but Fundstrat says similar periods in the past have been followed by moves of around 30% in either direction within 60 days.

International Business Times UK · Aug 18

Disney Sues Trump FCC Over Years-Early ABC Licence Reviews, Cites 'Existential Threat'

Disney and ABC have filed a lawsuit against the FCC, alleging that early broadcast licence reviews are a retaliatory move by the Trump administration due to programming disapproval.

International Business Times · Aug 18

Ukraine Launches One Of Its Largest Attacks Against Moscow, Again Targets One Of Its Largest Companies

Kyiv launched over 600 drones against the Russian capital, its mayor said.

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