For: August 28, 2026

>>Trading Week Winding Down (New York, NY) -- The opening bell rings this morning after stocks closed higher on Wall Street yesterday. Nvidia's shares have been on the rise after reporting strong earnings in the second quarter of this year. The company reported nearly 90-billion dollars in revenue just from data centers. At the closing bell, the Dow Jones Industrial Average added 105 points to 53-569. The S&P 500 gained 55 points to 77-30. The Nasdaq rose 411 points to 26-541.

>>Federal Reserve Chairman Kevin Warsh Speaks In Jackson Hole

(Jackson Hole, WY) -- The markets will be watching as Federal Reserve Chairman Kevin Warsh speaks today. Warsh will deliver the keynote speech at the central bank's symposium in Jackson Hole, Wyoming. Warsh's predecessors have used the event to discuss broad policy initiatives, and to lay out conditions under which the Fed would adjust interest rates. But Warsh has signaled a more hands-off approach while placing a greater emphasis on market direction when it comes to policy so far.

>>Canada Excludes Seafood From Retaliatory Tariffs On U.S. Goods

(Ottawa) -- Canada is excluding seafood from its retaliatory tariffs on U.S. goods. In a statement, Canada's Department of Finance said removing seafood would "protect against broader economic harms." The Canadian duties are set to go into effect on September 8th. This, after President Trump's 50-percent import taxes on goods from Canada went into place last weekend.

>>Federal Court Rejects Pharmaceutical Industry Challenge To Medicare Drug Price Negotiation

(Washington, DC) -- A federal appeals court is rejecting a pharmaceutical industry challenge to the federal Medicare drug price negotiation program. The court found that drugmakers aren't entitled to sell their products to Medicare at the price they prefer. It's the latest ruling in a slew of federal courts deciding in favor of the Medicare drug price negotiation program, established through the Inflation Reduction Act.

>>Twitter Making A Comeback, Sort Of

(Undated) -- Twitter is looking to make a come back. A new social network called Twitter.now is now looking for early access users. It's not affiliated with X, the company owned by Elon Musk that changed its name from Twitter after he bought it for 44-billion-dollars in 2022. It's run by a startup called Operation Bluebird, which includes former Twitter trademark lawyer Stephen Coates. X sued the company last year trying to keep Operation Bluebird from launching a new site called Twitter. Operation Bluebird argues that X has abandoned its trademarks including Twitter and Tweet. Coates posted that the company is not trying to rebuild the old Twitter, but a new service built on trust and transparency.

>>Callaway Golf Cuts Ties With Good Good Over Ad

(Carlsbad, CA) -- Golf company Callaway is cutting ties with its media partner Good Good Golf over an ad for a new driver that depicted violence against women. The video posted by Good Good shows a woman reaching for the driver as the company's co-founder, Garrett Clark, rushes after her and knocks her to the ground. He stands over her and says "don't touch my driver." In a statement, Callaway said it listened to individuals who shared personal experiences related to violence against women. The company committed to donate one-million dollars to organizations who work to prevent violence against women and provide resources to survivors. Good Good took the video down after widespread online backlash.

For: August 27, 2026

>>Ahead Of The Bell (New York, NY) -- The opening bell rings this morning after a down day on Wall Street. It comes as investors are still digesting the personal consumption expenditures price index, which increased a seasonally adjusted point-two-percent for the month of July. That puts the annual inflation rate at three-point-seven-percent. At the closing bell, the Dow Jones Industrial Average lost 113 points to 53-463. The S&P 500 fell 1 point to 76-75. The Nasdaq dropped 21 points to 26-130.

>>Meta Settles Social Media Addiction Lawsuit

(Oakland, CA) -- Meta is settling in its federal trial over social media addiction. Several states sued the tech giant alleging it designed its social media platforms also including Facebook and WhatsApp to engage children and get them addicted. They also claimed Meta misled users about the safety of the apps. As part of the settlement announced yesterday, Meta denied the allegations but committed to "establishing daily limits and blocks on nighttime use for teenage users" along with "enhanced age assurance measures." Meta will also pay nearly 17-billion dollars in the settlement.

>>Apple To Host Launch Event

(Cupertino, CA) -- Apple will host its next launch event next month. Analysts anticipate the company will announce the latest iPhones and Apple Watches. That could include Apple's first-ever folding phone. This will mark the first launch event under CEO John Ternus. The event will take place September 9th at Apple's headquarters in Cupertino, California.

>>Uber Offering Live Stream For Teen Riders

(San Francisco, CA) -- Uber is rolling out a new feature designed to give parents a little peace of mind. The rideshare company unveiled live video streaming for Uber teen accounts. That allows a linked parent or guardian to peek in on a teenager's ride in real time through the front facing camera on the driver's phone. The stream is also encrypted. The new feature will be available in nine markets including Atlanta, Orlando and Phoenix, with Uber saying they plan to expand the feature nationwide over the coming weeks.

>>Dolly Parton Streams Surge On Spotify Following Death

(Undated) -- Dolly Parton's music has surged significantly on Spotify following her death on Tuesday. Total streams increased over 12-hundred percent globally, as well as over 23-hundred-percent in the United States. "Jolene" increased 630-percent, while "9-to-5" increased 620-percent. Other songs that rose in streams include "Islands in the Stream" and "I Will Always Love You." Parton passed away at the age of 80 following a brief battle with cancer in Nashville.

>>United Airlines Adds 10 New Destinations

(Chicago, IL) -- United Airlines is adding ten new destinations next year. That's the largest international expansion in the company's nearly century-long history. It will introduce nonstop flights to various cities in Japan, France, Luxembourg, France, Spain, Portugal, Slovenia, and Italy. Aside from the cities introduced in Italy, no other U.S. airline flies directly to any of the other cities on the list. The new flights will begin operating in Spring 2027.

For: August 26, 2026 

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher yesterday on Wall Street.  Chip stocks have rallied as investors gear up for Nvidia's earnings later today.  At the closing bell, the Dow Jones Industrial Average added 160 points to 53-577.  The S&P 500 gained 24 points to 76-77.  The Nasdaq rose 171 points to 26-151.

>>Instagram Head Testifies In Meta Addiction Trial

(Oakland, CA)  --  Instagram head Adam Mosseri has been called to the stand in the latest social media addiction trial against Meta playing out in federal court in Oakland, California.  Several state attorneys general are suing the tech giant, alleging it designed its social media platforms also including Facebook and WhatsApp to engage children and get them addicted.  They also claim Meta mislead users about the safety of the apps.  Meta has called those claims unsubstantiated.

>>Massive Starbase Planed On Gulf Coast

(Abbeville, LA)  --  SpaceX is building a 100-billion-dollar campus on the Louisiana coastline.  The company says the spaceport will be designed to support thousands of launches annually.  There will be five launch complexes, each with two launch pads.   It will create three-thousand new jobs over the next ten years and they're promising annual salaries starting at 92-thousand dollars. Construction starts next year.

>>Target Shares Fall After Controversial Costume Pulled

(Minneapolis, MN)  --  Target shares fell nearly four percent Tuesday after backlash over a potentially offensive Halloween costume.  The company apologized for the costume Monday, a children's clown outfit that some say evoked racist minstrel stereotypes, and pulled it from shelves and online sales.  The stock fell as much as five percent during the day's trading.  Tejal Patel, the director of Target shareholder SOC Investment Group, said the costume controversy is "another example in a chain of events where Target has lost trust with its consumer base."  

>>Golf Company Apologizes For Ad Depicting Violence Against Woman

(Frisco, TX)  --  The golf company Callaway is apologizing over an ad for a new driver that following complaints that it depicts violence against women. The video was posted by its media partner Good Good Golf shows a woman reaching for the driver as the company's co-founder, Garrett Clark, rushes after her and knocks her to the ground. He stands over her and says "don't touch my driver." Good Good Golf took the video down after widespread online backlash. Callaway didn't mention whether it's reviewing its partnership with Good Good but said it will "learn from this and do better."

>>Thyroid Tablets Recalled Over Superpotency Concerns

(Washington, DC)  --  A company is recalling a lot of thyroid tablets because they could potentially be "superpotent." The FDA announced that the high potency 30 milligram tablets could cause hyperthyroidism, or an overactive thyroid. Consuming them could result in weight loss, heat intolerance, fatigue, chest pain, and other symptoms. Vitruvias Therapeutics is working on notifying wholesalers to stop distribution.

For: August 25, 2026

>>Ahead Of The Bell

(New York, NY) -- The opening bell rings this morning on Wall Street after stocks closed mixed to start the week. Declines in technology stocks pressured markets with Micron, AMD and Broadcom and other chipmakers falling two percent or more. At the closing bell, the Dow Jones Industrial Average gained 140 points to 53-417 The S&P 500 lost 21 points to 76-52. The Nasdaq fell 200 points to 25-980.

>>Trump Announces 50% Tariffs On Canadian Autos

(Washington, DC) -- The U.S. and Canada are in the middle of a full-blown trade war. President Trump says tariffs on imports of cars, trucks and auto parts from Canada will increase to 50-percent starting January 1st, 2027, after talks between the two countries broke down. Trump said, "Canada has been ripping off the United States of America for years." He added, "Their ridiculously high tariffs on our farmers and farm products has made life impossible for these great American patriots." Meanwhile, Canada announced retaliatory tariffs on some U.S. goods will start September 8th.

>>Texas Cotton Conditions Worsen In One Week

(Statewide, TX) -- Trouble's deepening for Texas cotton, a crop worth about a-billion-and-a-half dollars to the state last year. USDA data released Monday shows 44 percent of the crop is now in poor or very poor shape, worsening five percentage points in just a week. Texas is expected to produce roughly a third of all American cotton this season, giving the local decline national impact. Federal forecasts project statewide production will drop nearly 12 percent from last year, creating fresh economic strain just as growers enter the critical harvest stretch.

>>Oura Eyeing IPO

(San Francisco, CA) -- Smart ring maker Oura is looking to raise as much as three-billion-dollars in an upcoming IPO. Bloomberg reports the IPO could be as soon as next month and values the company at 16-billion-dollars. The company reported 500-million-dollars in revenue in 2024, a billion-dollars in 2025 and is expected to reach close to two-billion-dollars this year.

>>NA Box Office Breaks August Record

(Los Angeles, CA) -- The North American box office is setting a new all-time August record thanks in large part to Spider-Man. With still a week to go, this month's box office total has already reached one-point-one-billion dollars. That surpasses the previous record of one-point-zero-one-nine-billion dollars set in 2016. "Spider-Man: Brand New Day" accounts for 685-million dollars of this month's box office total. The August box office is now on pace to double last August's total. 

For: August 24, 2026

>>Watching Wall Street  

(New York, NY)  --  The opening bell rings this morning after stocks closed higher on Friday despite what was overall a losing week.  Stocks rebounded Friday following a steep sell-off driven by rising Treasury yields and inflation fears.  Still all three major indexes lost ground last week with investors now looking ahead to this week's speech from Fed Chair Kevin Warsh at the Jackson Hole Economic Policy Symposium.  Also on tap this week: the latest data on consumer confidence, new home sales, personal income and consumer spending as well as weekly jobless claims.  At Friday's closing bell, the Dow Jones Industrial Average gained 517 points to 53-277.  The S&P 500 rose 33 points to 76-74. The Nasdaq climbed 113 points to 26-180.  

>>Meta Federal Trial Continues As TikTok Agrees To $400M Settlement

(Oakland, CA)  --  As a landmark trial continues today against Meta in federal court in California, TikTok is now agreeing to pay 400-million to settle a U.S. government lawsuit.  The suit alleges the company violated the Children's Online Privacy Protection Act.  The law requires websites and online services directed at children to obtain parental consent before collecting personal information from users under 13.  The Justice Department announced Friday that TikTok will pay 300-million dollars immediately to the U.S. government, with an additional 100-million due after a court order vacates an earlier consent decree entered against TikTok's predecessor "Musical.ly" 

>>AI Companies Accused Of Hoarding And Destroying Books 

(Undated)  --  Over a dozen public interest and consumer advocacy groups are asking the Federal Trade Commission to investigate AI developers for destroying books used to train their language models.  In a letter to FTC Chairman Andrew Ferguson on Friday, the Demand Progress Education Fund and other groups said AI companies are buying books in bulk and destroying physical copies.  The letter says in some cases, the destroyed books are among the last surviving copies of original works.  The group argues that  could make it harder for the public and other AI companies to access essential source material.  They also claim the practice violates Section 5 of the FTC Act, which bars unfair or deceptive acts in commerce. 

>>Experts Warn Used Car Buyers About VIN Cloning

(Undated) -- If you're shopping for a used vehicle, experts say there's a growing scam you should know about. It's called VIN cloning, and it happens when criminals copy the vehicle identification number, or VIN, from a legitimate car and place it on a stolen or damaged vehicle. The practice can make a car appear clean on paper even if it has a hidden history. iSeeCars reports buyers may not learn they've purchased a cloned vehicle until police seize it, an insurance claim is denied, or registration problems arise. Experts recommend comparing VIN numbers in multiple locations on a vehicle and checking history reports before making a purchase. They also say deals that seem too good to be true often deserve a closer look.

>>Walmart To Let Shoppers Use Tap-To-Pay Methods 

(Bentonville, AR)  --  Walmart will soon let customers make purchases with tap-to-pay methods including Apple Pay.  The retail giant said Friday that starting on August 24th, customers at select Walmart stores will be able to choose a tap-to-pay option at checkout.  The company said it plans to roll out tap-to-pay at all Walmart and Sam's Club locations by the end of 2026. 

For: August 20, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher on Wall Street Wednesday.  It comes as bond yields have fallen after the Treasury Department said it's going to at least double the size of its government debt repurchases.  It also follows yesterday's release of the minutes from the last Federal Open Market Committee meeting.  They show some central bank officials leaning toward an interest rate hike if inflation does not show signs of improvement.  Elsewhere, Moderna's shares have jumped after an experimental cancer vaccine showed promise in a late-stage trial.  At the closing bell, the Dow Jones Industrial Average added 119 points to 53-463.  The S&P 500 gained 16 points to 77-07.  The Nasdaq rose 41 points to 26-331.

>>National Debt Surpasses $40T

(Washington, DC)  --  The national debt is now more than 40-trillion-dollars.  The Treasury Department said the number was surpassed Tuesday afternoon.  It comes earlier than analysts had expected, in part because of billions not realized after some of President Trump's tariffs were invalidated by the courts.  The current federal debt limit is 41-point-one trillion dollars, at which point Congress would need to raise the debt ceiling.

>>Poll: More Americans Concerned Over Use Of AI

(Washington, DC)  --  More Americans are growing concerned over the use of artificial intelligence of daily life. That's according to a new Pew Research survey, which showed that 52-percent of respondents saying they're more concerned than excited about AI. That matches the all-time high seen in the 2023 survey. Less than 10-percent said they're more excited about AI than concerned, the lowest number ever recorded in the survey.

>>Indianapolis Puts Moratorium On New Data Center Developments, Denver Weighs Next Steps 

(Indianapolis, IN)  --  Indianapolis has placed a moratorium on new data center developments.  The Metropolitan Development Commission approved the measure Wednesday, and it took effect immediately.  The moratorium will remain in place through the end of 2027 while the city researches the potential impacts of data center development and develops new regulations.  Officials also plan to create an advisory committee and conduct community engagement before making recommendations.  Elsewhere, Denver, Colorado is forming a working group to determine how data centers will be regulated.  The city has implemented a data center moratorium until May of 2027.  The city council and the mayor's office plan to form a group of experts and community members to discuss and create recommendations for future regulations.  

For Wednesday, August 19th, 2026

>>Stocks Close Lower As Chip Sector Sells Off

(New York, NY)  --  Wall Street closed in the red Tuesday for the third straight session.  Surging bond yields and higher oil prices renewed inflation fears as hopes continued to fade for an end to the Middle East conflict.  Chip stocks slid broadly with Western Digital, Sandisk and Seagate Technology all down about seven percent or more.  At the closing bell, the Dow Jones Industrial Average lost 116 points to 53-343.  The S&P 500 fell 53 points to 76-91.  The Nasdaq dropped 355 points to 26-289.

>>Trump Pauses Canada Tariffs

(Washington, DC)  --  President Trump is pausing a planned wave of tariffs that was set to hit Canada overnight.  In a social media post, Trump said he had paused the 50-percent duties for three days because the two countries "have a deal," pending final documentation.  He offered no specifics about the agreement, aside from suggesting the Keystone XL pipeline "may be awoken from the grave." Prime Minister Mark Carney said progress has been made but there's still work to be done.  The suspended tariffs would have affected roughly 20-billion dollars in Canadian imports, including hockey sticks, certain building materials, liquors, and some apparel, according to the U.S. Trade Representative.

>>Social Media Addiction Trial Against Meta Underway

(Oakland, CA)  --  The landmark trial against Meta is underway inside an Oakland, California federal courthouse.  Colorado, Kentucky, New Jersey and California are seeking one-point-four-trillion-dollars in damages, alleging the company engineered Facebook and Instagram to make it addictive to children.  In her opening statement Tuesday,  California Deputy Attorney General Megan O'Neill said says Meta told Congress and parents that Instagram and Facebook were safe for kids, while "all the while it hid the truth." Meta CEO Mark Zuckerberg will testify in the trial. 

>>Pending Home Sales Fell 2.3% In July

(Washington, DC)  --  Pending home sales fell more than expected in July.  The National Association of Realtors says the number of homes under contract for sale dropped to its lowest level since January 2026.  The group's chief economist says the highest mortgage rates of the year hit in the middle of summer putting a damper on contract signings.  He also noted home prices are at record highs so houses are sitting on the market longer.  Pending home sales decreased two-point-three percent in July and two-point-two percent on a yearly basis. 

>>Mississippi Tops Nation for All-Cash Home Buying

(Jackson, MS)  --  Mississippi leads the nation in all-cash home purchases.  A Realtor-dot-com report released Tuesday shows cash accounted for 47-percent of home sales across the state this year, compared to 31-percent nationwide.  While that share dipped two percentage points from last year, Mississippi still tops the country.  Realtor-dot-com points to the state's lower home prices and fewer financing options in rural areas, with a median sale price of 271-thousand dollars.

>>Disney, ABC Sue FCC

(Washington, DC)  --  Disney is suing the FCC, accusing the Trump administration of waging a "retaliatory campaign" against ABC through the agency.  The lawsuit is looking to stop the FCC from moving forward with early broadcast renewal proceedings for several ABC stations.  The early renewal process started not long after President Trump criticized the network over a joke late night host Jimmy Kimmel told about First Lady Melania Trump.  A social media post from Trump complaining about Kimmel and asking if broadcast licenses should be terminated is cited in the lawsuit.  The FCC cited concerns about Disney's diversity, equity and inclusion practices as a reason for the early renewal process.

For: Ausgust 18, 2026

>>Ahead Of The Bell

(New York, NY) -- The opening bell rings this morning after stocks closed lower on the first day of the new trading week. Stocks fell while oil prices rose as the Memorandum of Understanding between the U.S. and Iran expired. The 30-year Treasury yield hit its highest level since June 2007 as international benchmark Brent crude futures topped 90-dollars a barrel. At the closing bell, the Dow Jones Industrial Average dropped 272 points to 53-459. The S&P 500 lost 40 points to 77-45. The Nasdaq fell 84 points to 26-644.

>>Social Media Addiction Trial Against Meta Starting

(Oakland, CA) -- Opening statements in a landmark trial against Meta begin today. California, Colorado, Kentucky and New Jersey are seeking one-point-four-trillion-dollars in damages, alleging the company engineered its sites to foster addictive behavior in teens and children. The jury was seated last week in the federal courthouse in Oakland, California. Meta has already lost two similar types of lawsuits this year in Los Angeles and New Mexico.

>>NYC Officials Tour Planned Site Of City-Run Grocery Store

(Bronx, NY) -- Officials are one step closer to opening New York City's first city-run grocery store. City leaders and potential operators toured the future site of the Bronx's planned city-run grocery store Whichever operator is ultimately chosen will be responsible for the day-to-day management of the store. The goal is to have the grocery store open by the end of 2027. The administration of Mayor Zohran Mamdani envisions a total of five city-run grocery stores, one in each borough.

>>NFL Franchise Values Surge 31 Percent Over Past Year

(Undated) -- The value of NFL franchises continues to surge. Sportico reports the average team is worth 9.34-billion-dollars, an increase of more than 31-percent over last year. It's the largest one-year increase in at least a decade. The Dallas Cowboys lead the way at 15.5-billion-dollars, followed by the Los Angeles Rams, New York Giants, New England Patriots and New York Jets. The Cincinnati Bengals check in with the lowest value at 7.4-billion-dollars, but that's still more than all but six teams in the world outside of the NFL. 

For: August 17, 2026

>>Ahead Of The Bell   

(New York, NY)  --  The opening bell rings this morning as fresh trading week gets started on Wall Street.  Last week ended with stocks closing out Friday's session in the red.  It comes as retail sales numbers for last month came in lower than unexpected.  The big headline this week will be Wednesday's release of the minutes from the last Federal Open Market Committee meeting.  At Friday's closing bell, the Dow Jones Industrial Average fell by 107 points to 53-732.  The S&P 500 dropped by 13 points to 77-85.  The Nasdaq lost 73 points to 26-729.

>>Consumer Sentiment Falls For First Time 3 Months

(Ann Arbor, MI)  --  Consumer sentiment is down for the first time in three months.  The preliminary index for August from the University of Michigan showed it fell to 51, down from July's final reading of 55-point-two.  It comes as consumers express concerns over increasing prices.  Consumers expect prices to go up four-point-three-percent over the next year, which is a slight increase from last month.  The director of the survey said the there were notable large drops in sentiment among older consumers, lower-income consumers and those without a college degree.

>>Anthropic Revenue Reportedly Jumped To Over $11.5B In 2nd Quarter

(San Francisco, CA)  --  Anthropic's revenue increased over 14-fold in the second quarter from a year earlier.  Bloomberg News reported the jump Friday highlighting the quick growth of Anthropic as it prepares for a possible public offering.  According to Bloomberg News, the AI company reported preliminary revenue of over 11 billion for its latest completed quarter, up from 787 million in the same period last year.  The outlet says the numbers are preliminary and could still change.  An IPO as soon as this fall could make Anthropic one of the first major private AI companies to hit public markets.

>>Half Of Workers Say They Will Never Fully Retire 

(Minneapolis, MN)  --  A new survey says nearly half of American workers say they will never be able to fully retire.  The 2026 Retirement Expectations Survey from financial services company Thrivent says retirement fears are high.  The survey found only 58-percent of workers think they'll have enough money to retire on time and 36-percent of workers expect to have to continue earning a paycheck in retirement.  The survey was taken by over two-thousand American adults. 

>>California Regulators Approve $34.5B Charter-Cox Merger

(Sacramento, CA)  --  California regulators are approving the sale of Cox Communications to Charter Communications.  The merger is believed to be worth 34-and-a-half-billion dollars.  After getting the green light from the California Public Utilities Commission, the consolidation is expected to be finalized before the end of the month.  It will make Charter's Spectrum the dominant broadband internet and cable television service in Southern California.  It will also solidify Charter as the nation's largest cable company, ahead of Comcast Corporation.  

>>Maryland Company Recalls Soups Sold At Walmart

(Savage, MD)  --  A Maryland company is voluntarily recalling soup kits sold at Walmart over Listeria concerns.  Kettle Cuisine LLC announced the recall of its 14-ounce soup kits, according to the FDA.  The recall impacts select Walmart stores in Maryland, Virginia, Delaware, Pennsylvania, New York, New Jersey, North Carolina and West Virginia.  The affected soup kits were sold between June 30th and July 7th, according to the recall.

For: August 14, 2026

>>Trading Week Winding Down 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher on Wall Street Thursday.  It comes as traders are digesting the producer price index, which was unchanged in July after a revised tenth-of-a-percent drop in June.  Oil prices have also been on the decline amid uncertainty surrounding the U.S. and Iran.  At the closing bell, the Dow Jones Industrial Average added 69 points to 53-839.  The S&P 500 gained 50 points to 77-98.  The Nasdaq rose 214 points to 26-803.

>>Instagram Unveils First New Logo In A Decade

(Menlo Park, CA)  --  Instagram users will start to notice a bit of new look for the app.  The social media app unveiled its first new logo in a decade on Thursday.  In a post, head of Instagram Adam Mosseri said the new logo is "Cleaner and more modern, with references to the original and the simplicity and craft that's always made it Instagram."  Some users criticized the new wordmark by saying the "r" in Instagram looked more like a "z."  Other commenters told Mosseri the platform should deal with other issues like AI-generated content and bots rather than a new logo.

>>OpenAI Loses Second Senior Executive This Week

(San Francisco, CA)  --  OpenAI has lost another top executive.  The tech company said Thursday that Chief Revenue Officer Denise Dresser is leaving after eight months, "to pursue other opportunities."  She's the second senior executive to leave OpenAI this week.  Chief Operating Officer Brad Lightcap announced his departure earlier this week, saying he was going to "start something new."  The departures come as OpenAI prepares to go public, which may happen next year.

>>Man Accused Of Scamming NJ Investors Added To FBI Most Wanted 

(Newark, NJ)  --  The FBI is adding an alleged scammer who went after hundreds of investors in New Jersey to their Most Wanted Fraudsters list.  Rey Grabato the Second previously served as the president and owner of a realty investment company and authorities claim he scammed investors out of more than 650 million dollars between 2018 and 2022. The US District Court in Newark issued a warrant for his arrest back in October 2022. Federal officials said Grabato has ties to the Philippines and may be residing there. Anyone with information leading to an arrest is being offered a 150-thousand dollar reward. 

>>Whole Foods Recalling Dozens Of Items With Jalapenos

(Austin, TX)  --  Whole Foods is recalling dozens of items containing jalapenos in 12 states.  Though no cases of salmonella linked to jalapenos have been reported in Iowa, the company is recalling salsas, guacamoles, dips, and condiments containing jalapenos sold at the West Des Moines store.  No illnesses have been reported in connection to the Whole Foods products.  It affects stores in Texas, Oklahoma, Louisiana, Wisconsin, Michigan, Illinois, Iowa, Missouri, Arkansas, Indiana, Kentucky and Ohio.  The recall comes just days after Taylor Farms announced it would be voluntarily recalling its products that include jalapenos, which were sold at Target, Kroger, Walmart and Trader Joe's in 26 states.  A full list of recalled items is available on the FDA's website.

>>Year-Round Outdoor Dining Approved In NYC   

(New York, NY)  --  The New York City Council is approving a measure to make outdoor dining year-round.  Under regulations adopted under former Mayor Eric Adams, roadside structures were only allowed up from April until November.  Now restaurants will be able to keep those sidewalk sheds open all year and they will be able to fortify them for the winter weather.  Owners will face fines for any health violations and there is also an 11 p.m. outdoor dining curfew.  Mayor Zohran Mamdani, who has previously voiced his support for year-round outdoor dining, has 30 days to sign the bill into law.

For: August 13, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed mixed on Wednesday.  Stocks related to AI saw gains, including  Dell Technologies, Micron Technology and Cisco Systems.  At the closing bell, the Dow Jones Industrial Average lost 21 points to 53-770.  The S&P 500 gained 20 points to 77-48.  The Nasdaq rose 143 points to 26-588.

>>PPI Due Today

(Undated)  --  Another key inflation report is due out today.  The Producer Price Index examines prices at the wholesale level, before they reach consumers, and can be a good guideline of what we'll be paying int he months to come.  It comes after the Consumer Price Index was released on Wednesday, showing inflation went up slightly from June to July.  Usually, the reports move in tandem, but not always.  Both reports are used by the Federal Reserve when it comes to determining interest rates.

>>Twitch Allows Users To "Opt Out" Of AI Training

(Seattle, WA)  --  A popular streaming platform is now letting its content creators block Amazon from using their videos to help train its AI models.  Twitch announced on Wednesday that users can now opt out by going to the settings page under 'security and privacy.'  Amazon bought Twitch in 2014, and recently confirmed that it was using its streamers' content to train its generative AI models.  

>>Grubhub App Users Could Get Payments From FTC

(Undated)  --  The FTC says it's sending money to thousands of Grubhub users to settle a lawsuit alleging that the delivery service tricked customers with hidden fees. The payments will total more than 23-million dollars.  It comes after the FTC and Illinois Attorney General accused the company back in 2024 of using illegal and deceptive practices.  The FTC says a former Grubhub executive referred to the practice as a "pricing shell game."  Grubhub was also accused of deceiving its drivers about how much money they would make and listing restaurants on its platform without their permission. 

>>President Trump's Media Company Sued For New Truth Social Product

(Undated)  --  A lawsuit has been filed against President Trump's media company.  This comes after Trump Media announced a new product that gives paying Wall Street firms faster access to the president's Truth Social posts.  The Intercept filed the suit Wednesday, saying it violates the First Amendment.  The suit also notes that the "scheme is profoundly corrupt."  The product was initially announced last month, with firms having to pay between 60-thousand to 100-thousand dollars per month to gain access to the real-time feed.  

>>Josh Kushner, Bob Iger Buying Lakers For $12B+

(Los Angeles, CA)  --  Businessmen Josh Kushner and Bob Iger are reportedly buying the Lakers for more than 12-billion dollars.  It would be a record-breaking price, if the sale is approved by the NBA Board of Governors.  Mark Walter bought a controlling interest in the Lakers from the Buss family for approximately ten-billion dollars last October and is now agreeing to sell.  He also owns the Dodgers and parts of several other sports teams.

>>Phoebe Gates Faces Accusation

(New York, NY)  --  Bill Gates' daughter Phoebe Gates and her startup "Phia" are facing scrutiny over allegations the company improperly used "cookie stuffing" to take credit for online sales it may not have driven.   A Bloomberg report says Gates and co-founder Sophia Kianni were aware for months of features that could drop tracking cookies even when shoppers did not use Phia's coupons.  Phia initially described the issue as a software bug, but says the features were removed July 7th and that it is reviewing transactions and reversing any improper commissions.  The company disputes parts of Bloomberg's analysis, while legal experts warn cookie stuffing can potentially be prosecuted as federal wire fraud, carrying significant penalties.

>>WalletHub Study Reveals Top States To Live In 

(Undated)  --  One study is revealing the top states to live in. WalletHub based its ranking of all 50 states on 51 key metrics, including health care and location, income, and homeownership rates. Idaho took the top spot for its low real estate tax rate and highest median income growth in the country. New Jersey took the second spot for its location to economic hubs and highly rated healthcare while Wisconsin made up the top three for its affordable housing. Massachusetts and New Hampshire round out the top five on the list. 

For: August 12, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning on Wall Street after stocks closed lower yesterday. Oil prices have been on the rise amid uncertainty over the status of the conflict between the U.S. and Iran and the Strait of Hormuz.  U.S. West Texas Intermediate futures and international benchmark Brent crude were both up over one-percent. Elsewhere, shares of Alphabet and AppLovin have both seen a dip.  At the closing bell, the Dow Jones Industrial Average lost 184 points to 53-791.  The S&P 500 fell 24 points to 77-28. The Nasdaq dropped 159 points to 26-445. 

>>CPI Out Today 

(Undated)  --  The Consumer Price Index, one of the Fed's favorite inflation gauges, is set to be released today.  That will be followed by equally important Producer Price Index on Thursday along with the weekly look at first-time jobless claims.  

>>California's Minimum Wage Set To Go Up

(Sacramento, CA)  --  California will raise its minimum wage to 17 dollars and 40 cents per hour starting January 1st next year.  This is a 50-cent increase from the current hourly wage.  The federal minimum wage is still seven dollars and 25 cents, unchanged since 2009.  California's minimum wage goes up each year to keep up with inflation.  The amount is based on the Consumer Price Index. 

>>TikTok Ban On Government Devices Lifted

(Washington, DC)  --  The Office of Management and Budget has lifted the ban on TikTok on federal government devices.  The move follows a Justice Department opinion finding that employees can legally download TikTok under the platform's new U.S. joint venture, which is majority-owned by American investors.  TikTok's Chinese parent company, ByteDance, retains a 19-point-nine-percent stake, while Oracle, Silver Lake and MGX each hold 15-percent.  The arrangement was created to address national security and privacy concerns behind a 2024 law requiring ByteDance to divest from TikTok or face a U.S. ban.  The decision marks the latest development in the long-running effort to keep TikTok operating in the United States.

>>Powerball Jackpot Hits $1 Billion  

(Undated)  --  One-billion dollars is up for grabs in Wednesday's Powerball drawing.  The jackpot hit the mark after there was no grand prize winner in Monday night's drawing.  The cash value of the grand prize is 433-point-one-million dollars.  Tickets are two dollars each.  Odds of winning are roughly one in 292-million.     

For: August 11, 2026

>>Ahead Of The Bell (New York, NY) -- The opening bell rings this morning after a down day on Wall Street as stocks closed lower Monday to start off the trading week. At the closing bell, the Dow Jones Industrial Average lost 60 points to 53-975. The S&P 500 fell 4 points to 77-53. The Nasdaq dropped 85 points to 26-605.

>>Appeals Court Declines To Dismiss Online Safety Suits Against Social Media Companies

(Washington, DC) -- A U.S. Appeals Court has declined to dismiss thousands of online safety lawsuits against major social media companies. In a ruling issued Monday, the Ninth Circuit said Section 230 of the Communications Decency Act can be used as a defense against liability, but not to avoid being sued altogether. The lawsuits allege platforms owned by companies like Meta and TikTok encourage addictive behavior, fail to properly verify users' ages and do not do enough to protect users from harmful content. Meta and TikTok argued the section should also protect them from lawsuits targeting the design of their platforms and sought to appeal before the litigation concludes. The court rejected that argument, clearing the way for thousands of cases to continue moving through the legal system.

>>Trump Media Company Reports $238M Loss In Q2

(Sarasota, FL) -- President Trump's media company, the company behind Truth Social, is reporting a nearly 240-million-dollar loss for the second quarter. Trump Media and Technology Group on Monday reported that revenue was up 89 percent compared to the same time last year. Most of those losses were attributed to unrealized losses on digital assets and equity securities. Shares dropped eight percent at market close.

>>Most In-Demand ZIP Codes For Homebuyers

(Undated) -- Realtor.com is out with a list of the most in-demand ZIP codes for homebuyers in the first half of 2026. With a 600-thousand-dollar median list price, Peabody, Massachusetts is the hottest place for U.S. home shoppers right now with views per property in the area receiving just over four times the U.S. average. For the fourth year in a row, the website's top ten hottest ZIP codes are all in the Northeast or Midwest. That's largely because fewer homes have been built in those regions, leaving buyers to compete for fewer properties. Meanwhile, buyers competing for homes in these areas tend to be financially well prepared as the average down payment was 17.1-percent across the top ten, compared with 13.1-percent nationally.

>>Powerball Jackpot Jumps To $975M

(Undated) -- The Powerball jackpot is moving closer to one-billion-dollars. There was no grand prize winner in Monday night's drawing so Wednesday's will be worth at least 975-million-dollars with a cash value of a little over 422-million. Tickets are two dollars each. Odds of winning are roughly one in 292-million. 

For: August 10, 2026 

>>Watching Wall Street 

(New York, NY)  --  The opening bell rings this morning after the trading week ended Friday with stocks higher and the S&P 500 closing at a record high.  That all came after the latest jobs report saw an unexpected loss, which is leading investors to believe the Federal Reserve won't raise rates anytime soon.  The Bureau of Labor Statistics said 23-thousand jobs were unexpectedly shed in July, against expectations of up to as many as 83-thousand new jobs created.  At Friday's closing bell, the Dow Jones Industrial Average gained 151 points to 54-063.  The S&P 500 rose by 47 points 77-57.  The Nasdaq gained 342 points to 26-690.  

>>Reports On The Calendar

(Undated)  --  Coming up in the business week ahead, economic reports start rolling in tomorrow with the latest data on existing home sales.  The Consumer Price Index, one of the Fed's favorite inflation gauges, is due Wednesday.  Thursday brings the Producer Price Index and the weekly look at first-time jobless claims.  The week wraps up with retail sales on Friday.

>>Taylor Farms Recalling Foods With Jalapenos

(Salinas, CA)  --  Taylor Farms is recalling food items containing jalapenos over possible salmonella contamination.  It comes after the California-based company pulled lettuce linked to the ongoing cyclospora outbreak.  Taylor Farms said the recalled products include salsas and guacamole, flagged after the fresh peppers were recalled by Coast Citrus Distributors.

>>Verizon Service Returns After Cables Were Cut

(Los Angeles, CA)  --  Verizon customers across Southern California once again have service after vandals cut fiber cables and triggered a massive disruption of mobile and home internet service.  The Downdetector site says over 12-thousand outage reports were registered yesterday.  That's likely a small percentage of the total number of people who lost service.  Verizon has not provided much information about where the cables were cut or who might be responsible for the vandalism.   

>>GAO: DOGE Overstated Savings

(Washington, DC)  --  The Government Accountability Office says Elon Musk's DOGE overstated some of its claimed cost savings from cuts.  DOGE, or the Department of Government Efficiency, claimed 110-billion dollars saved with its cuts to federal contracts, grant programs and leases.  Overall, DOGE reported a total of 215-billion in cuts.  A new report from the GAO says there were issues with transparency that made the reported savings unreliable.  For instance, millions of dollars in reported savings from cuts to leases included leases that were already in the process of termination before DOGE was formed.  

>>Over 1M Ladders Recalled 

(Louisville, KY)  --  A Kentucky importer has announced over one-million ladders have been recalled due to potential fall risks and injuries.  Louisville Ladder, Inc. recalled the ladder in an alert late last week.  The Kentucky-based company said the aluminum or wood frame ladders with gas struts come with hand rails and fold into the attic.  On the Consumer Product Safety Commission website, the company said that the bolts on the ladders could break, causing those using them to be injured.  The attic stairway ladders were manufactured in Mexico and sold in home improvement stores between November 2012 and July 2026. 

For: August 7, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning on Wall Street after stocks closed in the red yesterday.  At the closing bell, the Dow Jones Industrial Average lost 464 points to 53-885.  The S&P 500 fell 13 points to 77-09. The Nasdaq dropped 15 points to 26-348.   

>>23,000 Jobs Lost Last Month 

(Washington, DC)  --  Job creation stalled last month.  The government's monthly employment report out today shows no new non-farm payroll jobs added in July.  In fact, the Bureau of Labor Statistics says 23-thousand jobs were unexpectedly shed.  Most analysts had been expecting to see as many as 83-thousand new jobs created.  Meanwhile, the unemployment rate did slip a bit from four-point-two percent to four-point-one.

>>Meta Ordered To Pay $567M In NM Case

(Albuquerque, NM)  --  Meta is being ordered to pay a hefty fine for contributing to a "mental health crisis" among children.  A New Mexico judge ordered the owner of Facebook and Instagram to pay 567-million dollars into a child mental health fund set up to address harms caused by social media.  In Thursday's ruling, the judge called Meta's social media platforms "a significant contributing factor to the current mental health crisis among New Mexico's youth."  Lawyers for Meta say the company disagrees with the ruling and plans to appeal.  

>>FCC Votes On Ownership Rule

(Undated)  --  The FCC has voted to eliminate a decades-old rule limiting how many households a single broadcaster can reach nationwide.  The previous cap restricted broadcasters from reaching more than 39-percent of the national television audience, but the FCC says the change will help TV networks compete with major digital platforms.  The agency will now use a case-by-case review process when evaluating broadcast ownership limits.  Supporters say the move will strengthen local broadcasters, while critics warn it could lead to more media consolidation and fewer independent voices.  The decision could have major implications for the future of television news and the media industry.

>>Coastal Launch Pad Proposed

(Baton Rouge, LA)  --  The governor of Louisiana is addressing reports that SpaceX is looking to build a launch pad in his state.  Republican Jeff Landry says he's open to the idea.  There have been suggestions that Elon Musk's space company has their eyes on a possible location near Vermilion Bay and Pecan Island, which is about one hour south of Lafayette.

>>$110,000 Annual Salary Needed To Afford A Home In 2026

(Undated)  --  Americans need to earn around 110-thousand-dollars to comfortably afford a typical home for sale in the United States.  That's according to a new Redfin report that looked at the annual income a household would need to purchase a median-priced home in June 2026.  The necessary 110-thousand-dollar income is just point-five-percent lower than last year's record high amount, while Redfin estimates the median U.S. household earned nearly 88-thousand-dollars in June, up four-percent from a year ago.  Affordability has improved in 24 of the 46 major metro areas that Redfin analyzed.  Seattle experienced the largest improvement, with the income needed to afford the typical home dropping seven-point-four-percent from a year earlier as home prices fell. 

For: August 6, 2026 

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after the Dow Jones Industrial Average hit another record high as stocks closed mixed yesterday on Wall Street.  It comes as Shares of SpaceX have dropped after the company released its first quarterly report since going public.  At the closing bell, the Dow added 263 points to end at 54-349.  The S&P 500 fell 12 points to 77-23.  The Nasdaq dropped 221 points to 26-363.

>>Disney Reports Q3 Gains

(Burbank, CA)  --  Disney saw a strong third quarter.  The entertainment giant reported Wednesday that earnings topped expectations, revenue though was slightly under market expectations.  Revenue was up seven percent year-over-year at more than 25-billion-dollars, driven by theme park attendance and the success of Pixar's "Toy Story 5" in theaters.  Revenue was also up for streaming services Disney+ and Hulu.  

>>OpenAI Settles With DOJ

(Washington, DC) --  OpenAI is agreeing to a three-point-two-million dollar settlement with the Department of Justice over allegations the company discriminated against U.S. workers in its hiring practices.  The DOJ says the investigation involved fewer than ten positions, but found issues including how some jobs were advertised and how applications were accepted.  Under the agreement, OpenAI will pay one-point-two-million in civil penalties and two-million to compensate workers affected by the alleged practices.  The company denies the findings but says it reached the agreement to resolve the matter and move forward with its immigration-related hiring program.

>>Saudi-Led $55 Billion Takeover Of EA Has Closed

(Undated)  --  Electronic Arts is now privately owned after the largest leveraged buyout in history closed this week.  EA had teased the move, saying last week that the 55-billion-dollar buyout had cleared all of the required regulatory hurdles, paving the way for the company and its new owners to wrap things up.  Saudi Arabia's Public Investment Fund now owns over 93 percent of the video game publisher.  Private equity firms Silver Lake and Affinity Partners are also among the new owners, while current CEO Andrew Wilson remains at the helm of the company which is still based in Redwood City, California.  The buyers used 20-billion-dollars in debt financing to secure the deal, which EA will have to pay back over time.  

>>Powerball Jackpot Soars

(Undated)  --  The Powerball jackpot is up to 856-million dollars after no one won the grand prize in Wednesday night's drawing.  The next chance to strike it rich comes this Saturday with the cash value option on the massive jackpot coming out to 372-million dollars.

For: August 5, 2026

>>Ahead Of The Bell

(New York, NY) -- The opening bell rings this morning after stocks closed sharply higher on Wall Street yesterday. The Dow Jones Industrial Average and S&P 500 both notched new records as optimism grows that the Strait of Hormuz will be reopened. At the closing bell,the Dow Jones Industrial Average added 907 points to 54-085. The S&P 500 gained 136 points to 77-36. The Nasdaq rose 671 points to 26-584.

>>SpaceX Releases First Earnings Report As Publicly Traded Company

(Starbase, TX) -- SpaceX reported better than expected quarterly profit in its first report as a public company, but concern over massive spending on artificial intelligence sent the stock down more than six percent after-hours. The rocket company posted Q2 revenue of seven-point-eight-billion dollars, mostly from its Starlink internet service. But its xAI unit, which runs Grok, spent nearly 16-billion-dollars, the majority of SpaceX's capital expenditures. SpaceX ranks as one of the top ten largest companies in the world based on market cap.

>>Paramount Warner Bros Antitrust Trial

(Los Angeles, CA) -- A federal judge has set a March 2027 trial date in the antitrust lawsuit challenging Paramount's proposed merger with Warner Bros. Discovery. The date is later than Paramount requested and could prove costly, as the company is set to begin paying Warner Bros. Discovery shareholders seven-million dollars a day starting October 1st until the deal closes. A coalition of 12 state attorneys general argues the 111-billion dollar merger would reduce competition, while the Writers Guild of America has filed a separate lawsuit raising concerns about its impact on writers. Paramount maintains the merger would strengthen its ability to compete with major streaming companies and ultimately benefit consumers.

>>California Democrats Endorse Billionaire Tax Measure

(Sacramento, CA) -- California Democrats are officially backing a ballot measure that would tax the state's wealthiest residents to help fund healthcare. The state Democratic Party's executive board voted to endorse Proposition 40, which would impose a five-percent tax on the net worth of billionaires to help prevent healthcare cuts, hospital closures and layoffs. Supporters say the measure would protect essential services, while opponents, including Governor Gavin Newsom, some labor groups and business organizations, argue it could drive wealthy residents out of California and reduce long-term tax revenue. 

For: August 4, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher on Wall Street Monday as Iran tensions ease.  Stocks rallied with the Dow Jones Industrial Average surging to a record high as oil prices declined after President Trump called off planned strikes against Iran.  Tech shares including Meta Platforms, Amazon, Alphabet and Microsoft all climbed about five percent or more.  At the closing bell, the Dow Jones Industrial Average gained 693 points to 53-178.  The S&P 500 rose 110 points to 76-00.  The Nasdaq jumped 540 points to 25-913.

>>SpaceX's First Earnings Report As Publicly Traded Company Due Today 

(Starbase, TX)  --  SpaceX is preparing to release its first quarterly earnings report as a publicly traded company today.  Among the line items investors will be watching - total revenue, revenue from its Starlink satellite internet service and AI revenue guidance will be highly scrutinized.  The earnings report also triggers an expiration lock up period ending Thursday, which opens more than 910-million shares for sale that were purchased by early investors.  SpaceX ranks as one of the top ten largest companies in the world based on market cap.

>>Amazon Market Cap

(Seattle, WA)  --  Amazon continues to rise after its market value topped three-trillion for the first time.  Shares hit a record high Monday, rising about four-percent after the company reported their second-quarter earnings, fueled by major growth in its cloud computing business and rising demand for artificial intelligence services.  Amazon Web Services brought in more than forty-two-billion-dollars in revenue, beating Wall Street expectations and highlighting the continued AI boom across the tech industry.  CEO Andy Jassy says Amazon plans to increase its spending on AI infrastructure, projecting capital investments could reach two-hundred-twenty-billion this year as the company works to keep up with demand.

>>Trump: Oil Companies Are Making Too Much Money

(Washington, DC)  --  President Trump says ExxonMobil and Chevron are making too much money.  Speaking in the Oval Office Monday, Trump said the country's two largest oil companies were taking in too much money based on a shortage and that they ought to give some of that windfall back to the public.  The President said he's a big free enterprise guy but he's not happy about the situation.  The oil industry argues current profits are based on global supply and demand.   The American Petroleum Institute also cites uncertainty over the Strait of Hormuz, the critical oil trade route that's been choked to a trickle by the Iran war.  

>>Jobs Report Out This Week 

(Undated)  --  The monthly jobs report will be in the spotlight when it's released by the Labor Department this week.  Most analysts expect to see that the economy added an estimated 85-thousand new, non-farm payroll jobs in July.  That would be a notable increase from the 57-thousand jobs added the month prior, although the unemployment rate is forecast to tick slightly up to four-point-three percent.  The latest U.S. employment report is set for release on Friday.

For: August 3, 2026

>>Watching Wall Street 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher on Friday to wrap up the final trading session of July.  Amazon surged 15 percent after reporting better than expected second quarter results.  Investors looked past rising bond yields as chip stocks extended their rally to end the week.  At the closing bell, the Dow Jones Industrial Average gained 276 points to 52-485.  The S&P 500 added 52 points to 74-89.  The Nasdaq rose 251 points to 25-373.

>>Some Improvement Expected In Monthly Jobs Report 

(Undated)  --  Coming up in the business week ahead - jobs data.  We'll get the Job Openings and Labor Turnover Survey on Tuesday, followed by ADP's monthly hiring survey on Wednesday.  The payroll processor only looks at private employers, but economists consider it a good indication of what to expect from the big headline story of the week - the monthly jobs report.  That's due to be released by the Labor Department on Friday.  Most analysts estimate the economy added about 85-thousand new, non-farm payroll jobs in July.  That would be a notable increase from the 57-thousand jobs added the month prior, although the unemployment rate is forecast to tick slightly up to four-point-three percent.  

>>Consumer Sentiment Rises Nearly 12% In July  

(Ann Arbor, MI)  --  Consumer sentiment jumped in July as inflation fears eased.  The University of Michigan's final reading for last month rose nearly 12 percent from June.  The survey's chief economist said despite the recent gains overall sentiment is still down eleven percent from a year ago.  She noted consumers remain focused on pocketbook issues after five years of high inflation and high prices.  One-year inflation expectations dipped slightly to their lowest readying since March.

>>Americans Hold Record New Vehicle Debt 

(Santa Monica, CA)  --  New car prices are causing buyers to go deeper into debt to finance purchases.  Data from Edmunds shows almost 30-percent of new car buyers are still paying off loans for their trade-ins.  Edmunds said the average amount of remaining balances on cars traded in the second quarter of 2026 was nearly seven-thousand dollars.  That's the highest for a second quarter on record.

>>Ford Recalls 47k Trucks To Fix Rear Camera Display Issue 

(Detroit, MI)  --  Ford is recalling over 47-thousand F-150 and F-250 pickup trucks.  A spokesperson says the rear camera's display screen blocks when the menu is open when reversing.  It violates a federal rule and may cause an accident.  Owners will be sent a letter starting this month.  An over-the-air software update may fix this issue for most trucks.  For more details, go to the NHTSA webpage.