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8/28
15:42
Iran's President Pezeshkian: Iran Sold About 90 Million Barrels of Oil During Interim Deal Implementation
15:31
Anthropic researcher's paper shows automated AI systems can reliably improve AI alignment on 10 benchmarks without degrading overall performance
The paper, led by Anthropic Fellow Chen Yueh-Han, details how these systems improved performance on every one of 10 specific misaligned behaviors. This research provides early evidence that automated alignment post-training could become practical in the near term, representing a step toward recursive self-improvement. The automated systems cost roughly $4 per hour in API inference, significantly less than the $150 per hour paid to human researchers.
15:29
Western officials say Russia wants to avoid direct war with NATO but will continue 'hybrid activity' against members
Western officials believe Russia is ramping up hostile rhetoric but aims to avoid direct military confrontation with NATO. However, Moscow is expected to continue "hybrid activity" such as cyber-attacks, sabotage, and assassination attempts against NATO members, short of direct military action. Officials suggest this is consistent with Russia's military doctrine to pressure the West and reflects growing domestic pressure on Putin.
15:26
President Donald Trump signs executive order creating US Space Academy, with graduates to serve US Space Force, NASA and civilian flight industry
The order, signed on Friday at NASA’s Johnson Space Center in Texas, also establishes a presidential commission led by NASA administrator Jared Isaacman to advise on the academy's creation.
15:23
Chevron is in talks with Venezuela to seek operating rights for two additional oil fields to expand its local operations.
Chevron, currently the only major U.S. oil company still active in Venezuela, has established a joint venture with the national oil company there and now accounts for approximately one-fifth of the country's total oil production. This move is the latest development in the deep involvement of U.S. energy interests in the Latin American oil-producing nation, with other companies such as SLB and Hunt Oil Co. also having signed contracts with the Venezuelan government this month.
15:23
The Donald Trump administration is negotiating with Venezuela to secure unprecedented leases for several of the country's oil fields for up to 100 years.
Bloomberg reported, citing sources, that the negotiations aim to secure long-term mining rights in Venezuela to expand U.S. oil supply channels. This move is in response to the war in Iran and the blockade of the Strait of Hormuz, and also to replenish the U.S. Strategic Petroleum Reserve, which has fallen to its lowest level in over 40 years. This ultra-long-term lease arrangement has almost no precedent in the history of global energy development.
15:08
Itochu President Keita Ishii: Japan's diversified trading houses are "suited" for uncertain times due to their diversification
Ishii told Nikkei in a recent interview that Berkshire Hathaway's investments seven years ago boosted their global profile, with growing overseas investor interest raising stock prices across the sector.
15:04
Iranian President Pezeshkian stated that Iran is ready for cooperation and understanding with regional countries, including Saudi Arabia and the UAE.
14:59
The Federal Reserve Chairman Kevin Warsh stated at the Jackson Hole conference that policymakers "still have work to do" if inflation fails to slow significantly.
Kevin Warsh, in his inaugural speech as Chairman at the Jackson Hole Economic Symposium in Wyoming, emphasized the Federal Reserve's ongoing focus on inflation. Several financial experts discussed Warsh's speech after the event.
14:53
Laura Ingraham highlights US trade deficit decrease of $189.3 billion (33.8%) year-to-date, with exports up 11.7% and imports up 0.4%, questioning critics of tariffs.
Laura Ingraham highlighted that the US goods and services deficit decreased by $189.3 billion, or 33.8%, from the same period in 2025. Exports increased by $198.3 billion, or 11.7%, while imports rose by $9.0 billion, or 0.4%. She used these figures to question experts who had claimed that tariffs would harm US exports.
14:53
Donald Trump reposted a Fox News report stating the State Department revealed a connection between Portland Antifa, Hamas, and Iran’s IRGC in a sweeping terror action.
14:53
NVIDIA is down 4.75% today, currently trading at $217.14.
14:47
MARA Holdings is down 10.53% today, currently trading at $10.620.
14:43
MARA Holdings is down 10.45% today, currently trading at $10.630.
14:41
WSJ opinion piece argues U.S. Treasury's actions to lower yields are integral to the market, not distorting it
The article refutes Stanley F. Druckenmiller's critique that the Treasury Department's attempts to lower yields by retiring illiquid issuance distort market signals. It posits that the Treasury, as a securities issuer, is part of the market, and its decisions on issuance pace, composition, and retirement are legitimate choices aimed at lowering borrowing costs and managing risk, thus being integral to the price-formation process.
14:37
The U.S. Court of Appeals for the Ninth Circuit ruled that sports prediction market contracts are not swaps, a decision that contradicts previous rulings and may be appealed to the Supreme Court.
The ruling rejected requests for injunctive relief from prediction market platforms such as Kalshi, Crypto.com, and Robinhood, stating that contracts for sports-related events do not fall under federally regulated derivatives (swaps). This move contradicts the Third Circuit Court of Appeals' early April ruling, which held that only the U.S. Commodity Futures Trading Commission (CFTC) has the authority to regulate such contracts, creating a "circuit split" that will likely send this dispute to the Supreme Court. Following this news, shares of online sports betting company DraftKings rose 7%, and FanDuel's parent company Flutter Entertainment rose over 6%.
14:31
California Governor Newsom's Push to Shield Utilities From Wildfire Liabilities Blocked by State Lawmakers
14:20
Defense Secretary Pete Hegseth is considering calling a second mass military summit to outline Pentagon priorities and potentially announce new military directives.
14:07
USA Rare Earth's Q2 operating cash consumption was $56.7 million, with cash flow expected to last for approximately 3 years.
The rare earth miner consumed approximately $56.7 million in operating cash in the second quarter and held about $1.5 billion in cash and equivalents as of the end of June. Including capital expenditures and potential acquisitions, its cash flow is expected to last for about 3 years. The company also has access to federal funding and guaranteed financing, potentially totaling over $3 billion.
14:07
Analysts believe PepsiCo (PEP) is a value stock worth buying in August due due to its attractive valuation and high dividend yield.
The analysis indicates that as of August 24, the Consumer Staples sector underperformed the S&P 500 in 2026, but PepsiCo presents an investment opportunity due to its Q2 revenue (adjusted) growing 2.4% year-over-year (with volume growth contributing 1 percentage point), 54 consecutive years of dividend increases (most recently a 4% raise to $1.48 per share in June), and a 4.1% dividend yield (nearly four times that of the S&P 500). Furthermore, PepsiCo's P/E ratio is projected to decrease from 24 to 18 in 2026, significantly lower than the S&P 500's 30 and its own 10-year average of 26, making its valuation more attractive.
14:06
Coinbase is down 7.6% intraday, currently trading at $176.225
14:03
ECB's Kocher says European economy is gaining more momentum and is more resilient than many think
14:02
Israeli airstrike kills three Palestinians in Jenin, West Bank
The Israeli military stated that the airstrike "eliminated" three Palestinians, including Qais Bitawi, whom it identified as a Hamas operative, and two of his accomplices. However, Palestinian Islamic Jihad claimed Bitawi was a senior operative in its armed wing. Israeli Prime Minister Netanyahu and Defense Minister Katz praised the attack, while Hamas condemned it and called on the international community to act to stop Israel's "crimes." This marks Israel's first airstrike in the West Bank since February 2025.
13:59
Cornell Professor Eswar Prasad discusses US dollar status, stablecoin impact, and Fed Chair Warsh's influence on global central banks at Jackson Hole
13:53
White House establishes Presidential Commission to advise on creating U.S. Space Academy, with report due in 120 days
The Commission, chaired by the NASA Administrator, will propose key details including governance, curriculum, service obligations, and location for the proposed NASA-led Federal academy dedicated to technical education and leadership development in the space domain.
13:52
Silver is down 4.04% today, currently trading at $67.400.
13:51
Gold is down 3.06% intraday, now trading at $4,521.50.
13:48
50.08 million USDC, worth approximately $50.08 million, has been burned on-chain.
13:46
Harvard’s Rogoff Says US Needs ‘Shock’ to Trigger Action on Debt
Harvard University economist Kenneth Rogoff warned that the US government’s worsening fiscal plight is likely to go unaddressed until a major crisis shocks voters and spurs them to demand a change.
13:40
Caterpillar (CAT) construction business demand drivers have shifted, and the company has raised its FY2026 sales outlook, according to analysis.
Analysis indicates that the demand drivers for Caterpillar's construction business have shifted from "marketing programs" in 2025 to "rental fleet loading" and "major projects." The company's construction business sales grew by 22% year-over-year in the June 2026 quarter, marking its sixth consecutive quarter of growth, with revenue reaching $8.3 billion, a 35% increase year-over-year. Caterpillar raised its full-year sales and revenue outlook for fiscal year 2026 to mid-to-high double-digit growth, and its backlog increased by $9 billion to $72 billion in the June 2026 quarter.

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