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Photo: IN FLIGHT - OCTOBER 19: U.S. President Donald Trump speaks to members of the press on October 19, 2025 aboard Air Force One. The President is returning to Washington, DC, after spending his weekend at Mar-a-Lago resort in Palm Beach, Florida. (Photo by Alex Wong/Getty Images)

Stock traders are delighted at the prospect of Trump losing his tariff war

Investors are increasingly convinced that the Fed’s rate cuts are now locked in. The notion that the U.S. Supreme Court may rule that Trump’s tariffs are illegal would be the icing on the equity cake.

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Stock traders are delighted at the prospect of Trump losing his tariff war

Global

Kering agrees to sell beauty division to L’Oreal in partnership

Jensen Huang says Nvidia went from 95% market share in China to 0% — ‘I can’t imagine any policymaker thinking that that’s a good idea’

McDonald’s CEO Chris Kempczinski reveals how often he eats at the fast-food chain

Trump says he is ‘not looking to destroy China’ after previously warning he could, and calls Xi Jinping’s life story worthy of a movie

Middle East

Israel attacks Hamas posts, suspends aid as ceasefire frays

China’s EV makers shine in ‘Golden September’ as exports double, flooding the global market

As the Mideast unites around the Gaza ceasefire, Iran is at one of its weakest moments since the 1979 revolution

U.S. troops are going to Israel to support the Gaza ceasefire, but JD Vance vows no ‘boots on the ground’

News

U.S. jury issues $20 million verdict against France’s largest bank over Sudanese atrocities

The White House has faced a flurry of rejections after inviting 9 universities to be the first signatories of its higher-ed compact

OpenAI pauses AI-generated deepfakes of Martin Luther King Jr. on Sora 2 app after ‘disrespectful’ depictions

With half of teens regularly turning to AI companions, Meta moves to add parental controls starting early next year

North America

Death of BNSF Railway conductor who was hit by a passing train is under investigation

FBI probes ‘suspicious stand’ by airport Trump uses, Patel says

‘Grant purgatory’ is a growing risk to crisis response, and the government shutdown isn’t helping, state emergency officials say

Nearly half of U.S. adults aren’t confident they could find a good job, while electricity and grocery costs are major sources of stress, poll says

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‘The nation’s finances have deteriorated’ since Trump took office, CRFB says, gaming out the scenarios up to a $28.5 trillion deficit

Steve Jobs didn’t actually become a billionaire thanks to leading Apple—but rather from his work with a film company he bought off George Lucas

How Walmart’s CEO navigated tariffs to post a solid quarter: ‘We’re keeping our prices as low as we can for as long as we can’

How AI darling Palantir became the S&P 500’s best and worst stock of 2025, climbing 144% before shedding value in 6 straight sessions

OpenAI may soon be the most valuable private company—but Sam Altman’s net worth won’t jolt, as the CEO holds no equity and makes just $76,001 a year

Why winning the AI war will require a new approach to talent

Even McDonald’s CEO knows the fast-food giant is too expensive. Now he’s cutting prices to woo back cash-strapped consumers

Rural America is in crisis. One of America’s most provocative economists says the fix isn’t manufacturing—it’s something far less obvious

‘South Park’ skewers Trump’s DC police takeover with tanks, Towelie, and Satan in bed

NYC Mayor Eric Adams’ ex-aide handed a reporter a potato chip bag stuffed with cash

90% of NCAA’s $2.8 billion settlement is going to men, and lawmakers want answers

Trump may want you to pay a high tariff for that French wine you enjoy so much. He just left the category blank in his deal sheet with the EU

China’s secret weapon against the dollar is a yuan stablecoin

U.S. unemployment claims surge to nearly 2 million, the most in almost 4 years

Current price of gold as of August 21, 2025

The real problem gripping rural America and the jobs of the future: A sitdown between Mike Rowe of ‘Dirty Jobs’ and a top labor analytics CEO

Monetary policy is not about interest rates, it’s about the money supply

New Target CEO, a former CFO, ‘must prove he’s not just another insider,’ executive recruiter says

CEOs at America’s 100 largest low-wage employers are paid 632 times as much as the average worker, study finds

Earn up to 5.00% APY on the best high-yield savings account on Aug. 21, 2025

Invest in CDs now to get up to 4.45% APY. Here are the best CD rates for Aug. 21, 2025

Wall Street is scared that we’re looking at the end of the Fed’s independence

Exclusive: Twin Health, metabolic health startup, raises $53 million Series E at $950 million valuation

Starbucks’ CEO is ditching a merit system and giving all salaried staff a flat 2% pay raise instead

Beyond snubbing Tinder, Bumble, and casual flings, more than half of Gen Z is spending $0 monthly on dating, BofA finds

Gen Zer washed his college basketball team’s dirty clothes and mopped floors to prove his passion—now he’s one of the youngest interns ever at the NBA

How Target let Walmart steal its rizz

Google unveils its $1,799 Pixel 10 Pro Fold

Current ARM mortgage rates report for Aug. 21, 2025

Current refi mortgage rates report for Aug. 21, 2025

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