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Warsh Heads to Jackson Hole Without Clear Inflation Signal, Markets Watch Closely

Fed Chairman Kevin Warsh heads to Jackson Hole without a firm inflation position, as prediction markets bet he avoids mentioning rate cuts.

Fed’s Lisa Cook Rejects Trump Firing Threat, Denies Mortgage Fraud

Federal Reserve Governor Lisa Cook rejected a renewed Trump attempt to remove her from the central bank on Wednesday, denying mortgage fraud allegations.

UK Demands Meta Extend US Teen Safety Rules to British Users

Britain expects Meta to roll out the same child safety defaults it agreed to in a US settlement worth up to $18bn, adding fresh regulatory pressure.

Qatar’s PM Visits Tehran as US Navy Budget Strains Under Iran War

Qatar's prime minister held Hormuz talks in Tehran on Wednesday as new reporting revealed the US Navy shifting funds to cover Iran war costs.

Anthropic Unveils Model Hardware Standard Letting AI Agents Operate Machines

Anthropic launched the Model Hardware Standard on August 27, a research-preview framework letting AI agents operate physical devices, with open sourcing pl

US Core Inflation Rises 3.3% in July, Clouding Fed’s Rate Path

US core PCE prices rose 3.3% annually in July, below forecasts but above the Fed's 2% target, clouding the outlook for September interest rate decisions.

Treasury Yields Hold Flat After Sticky PCE Data Ahead of Jackson Hole

The 10-year Treasury yield held flat Wednesday after core PCE inflation came in as expected, keeping Fed rate-hike bets intact before Jackson Hole.

US Inflation Holds at 3.7% in July, Well Above Fed’s 2% Target

US PCE inflation held at 3.7% in July, above the Fed's 2% target, as core prices stayed at 3.3% and second-quarter GDP was unrevised at 1.5%.

MiniMax Revenue Surges 283% to $116.6 Million on Enterprise Demand

Chinese AI firm MiniMax posted a 283% jump in first-half revenue to US$116.6 million, led by a 700% rise in enterprise sales, but trailed annual forecasts.

Bill Gates Urges ‘Human Reserved’ Jobs to Shield Up to 40% From AI

Bill Gates called in an August 26 essay for legally protecting certain jobs from AI, with reports citing up to 40% of roles reserved for humans.

Options Traders Bet on Nvidia’s Calmest Earnings Reaction Since AI Boom

Options traders are pricing the smallest post-earnings move for Nvidia in years, a shift some AI bulls view as an opportunity ahead of the chipmaker's repo

Dick’s Sporting Goods Cuts Forecast as Footwear Demand Weakens, Stock Plunges

Dick's Sporting Goods missed Q2 revenue estimates and cut its annual forecast Tuesday, citing weak footwear demand and sending shares sharply lower.

Tesla Raises Cybertruck Prices by $5,000 as Sales Slump in U.S.

Tesla increased prices on two Cybertruck trims by $5,000 each in the U.S. as the electric pickup struggles with slowing sales.

Xpeng Shares Sink on Weak Delivery Outlook Despite $6.3 Billion Robot Valuation

Xpeng shares fell Monday as a weak delivery forecast overshadowed a $6.3 billion valuation for its robotics business, keeping focus on core EV demand.

Lego Posts Record First-Half Sales, Up 21% on World Cup and F1 Kits

Lego reported record first-half 2026 revenue of 41.9 billion kroner, up 21%, driven by World Cup, F1, Star Wars and KPop Demon Hunters ranges.

L3Harris Replaces CEO Kubasik After Conduct Probe, Names Sam Mehta

L3Harris removed CEO Christopher Kubasik after a conduct investigation and promoted insider Sam Mehta, sending shares of the defense contractor lower.

Woodside Scraps Long-Term Emissions Targets After 27% Profit Jump

Woodside Energy abandoned its long-term emissions and clean energy targets after reporting a 27% rise in sales profit to $1.67 billion amid the Iran confli

Treasury Weighs Tapping Near-$1 Trillion Cash Account to Fund Bond Buybacks

The U.S. Treasury may tap its near-$1 trillion cash reserve to fund expanded bond buybacks, giving officials leverage over long-term yields.

Strategy Earmarks $1.6 Billion Cash Pool for Bitcoin, Buybacks and Debt

Strategy has earmarked roughly $1.6 billion in cash for treasury operations, buybacks and debt, while leaving its Bitcoin holdings unchanged as prices rose

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