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AI was supposed to power Canva’s next act. It also exposed software’s most expensive problemHow much car insurance coverage do you really need?Nearly a dozen firms are already paying up to $100,000 per month for early access to Trump’s Truth Social postsJapan and the U.S. just spent billions to try to save the yen. Why is it already losing ground?Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 25% in just the 14 months since Mark Walter bought themCIOs and CTOs spent years lauding AI. Now, with costs rising, they’re putting limits on how it’s usedNvidia found a new way to keep the AI boom funded: your retirement moneyGates Foundation’s $540 million gift to science comes as the federal government pulls back on fundingThe majority of U.S. employers say they plan to increase hiring this year—these are the top roles they’re looking to fillSam Altman thinks working at Goldman Sachs ‘sounds unbelievably terrible now’ and admits he was ‘peer pressured’ into accepting an internship there Elon Musk says AI will make money disappear. But crypto billionaire Michael Saylor says he’s wrong for one key reason: ‘We’re status-oriented animals’Norway $2.3 trillion fund posts best quarter since 2020Blackstone strikes $1.8 billion deal for Air Canada divisionBofA to plow $250 billion into critical infrastructure projectsLilly escalates its fight against black market weight-loss shots‘Call Her Daddy’ host Alex Cooper raises money at a $500 million valuationNew York City probes Kalshi and Polymarket over social harmsNew ‘Katsu Curry Index’ aims to show how weak the yen really isPhoebe Gates knew Phia shopping app took credit for sales it didn’t driveNorway oil fund CEO says he’s more nervous after record returnsAI giants are quiet on climate in sign of post-ESG Wall Street‘We’re not built for this’: Severe weather leaves 850,000 in the Midwest without powerBumble killed the feature that made it famous. Can it find a new reason for daters to stay?Inflation came in perfectly on forecast. Almost everything underneath it is a ‘mess’ as wages struggle to keep upGoldman Sachs to acquire ETF provider Neos in $2.3 billion dealTrump blames the military for the Air Force One subterfuge and claims he wasn’t really scared. ‘I get a lot of threats’Wall Street futures rise ahead of inflation report as the Fed watches surging costsGoogle DeepMind’s chief AI exec started out detasseling corn in Indiana for around $1 an hour at 14: ‘I grew up in really humble beginnings’Consolidating debt with a mortgage refinance: Should you do it?87.5% of venture dollars went to AI. The rest fought over scrapsTop CD rates from major banks on August 12, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and moreBetter spam Sam—OpenAI’s special process to fix problemsCurrent price of Bitcoin for August 12, 2026Current price of Ethereum for August 12, 2026Current price of oil as of August 12, 2026Current price of silver as of Wednesday, August 12, 2026Current price of gold as of August 12, 2026‘An unattractive deal with Iran is the best of limited bad options’ if the U.S. wants to get oil flowing againThe Gulf’s AI boom is driving the race to control the data highwaysToday’s top high-yield savings rates: Up to 4.50% on Aug. 12, 2026Top CD rates today, Aug. 12, 2026: Lock in up to up to 4.50%The Gulf wants to break free from the world’s data chokepointsFrom Edison to the AI age: inside GE Vernova’s reinvention and 600% stock spikeIran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dreamForget the gala, these Silicon Valley schools run their own venture capital fundsCurrent ARM mortgage rates report for Aug. 12, 2026Current refi mortgage rates report for Aug. 12, 2026Mortgage rates on Aug. 12, 2026Home equity loan and HELOC rates, August 12, 2026Meet ChatTJB, the ‘AI’ chatbot with no AI, no algorithm and no LLM. It’s just one guy and the 10,000 people who volunteered to type backUniversities are buying and selling property for data centers, prompting concerns about an AI brain drainKalshi’s CEO is racing to build a futures market for AI’s most precious resource, which could be worth $100 trillion by 2030
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