Real Estate 1 in 3 Adults Under 35 Lives with Parents, Impacting Housing Market A significant portion of adults under 35 are living with their parents, affecting housing demand and the real estate market.
Markets Stocks and the economy are out of sync, and AI is the reason Stocks are up nearly 10% in the first half of 2026 while GDP growth trends near 2%. Economists say AI is the reason the market and economy look out of sync, and a wobble in AI names could hit the real economy through the wealth effect.
Geopolitics Iran Labels Musk's Middle East Assets Military Targets Iran has declared Elon Musk's Middle East companies, including SpaceX's Starlink, as military targets, adding geopolitical risk hours before the SpaceX IPO debut.
Politics Trump to Deliver Thursday Prime-Time Speech on 2020 Election Intel Trump will deliver a 9 p.m. Eastern speech Thursday on newly declassified intel the White House says shows foreign plans to interfere in the 2020 election. Here are the tickers traders should watch.
Geopolitics Trump Notifies Congress of Resumed War With Iran, Oil Surges Trump formally notified Congress that US military action against Iran resumed on July 7, restarting the War Powers clock. A reinstated Strait of Hormuz blockade sent Brent up nearly 10% in a single session.
Politics Trump Administration Launches Campaign to ‘Dismantle’ the ICC The Trump administration is launching a whole-of-government campaign to dismantle the International Criminal Court, with Rubio pressuring allies to withdraw support and threatening cuts to US assistance.
Politics Judge Voids Trump’s $1.8B IRS Settlement, Refers Lawyers for Discipline A federal judge voided Trump’s settlement with the IRS that granted sweeping tax protections and set up a nearly $1.8B fund, referring lawyers for discipline.
Energy Dubai's DP World plans new Fujairah port to bypass Strait of Hormuz DP World is planning a new port and container terminal on the UAE's east coast in Fujairah to bypass the Strait of Hormuz, reducing dependence on the Jebel Ali hub as Iran tensions escalate.
Markets Ohio Named CNBC’s Top State for Business in 2026 Ohio is CNBC’s No. 1 State for Business in 2026, its first top finish since the study began in 2007, edging North Carolina as infrastructure becomes the highest-weighted category.
AI High-Earner Families Ditch Traditional Schools for AI Learning High-income families are pulling kids from traditional schools in favor of AI-powered alternatives like Alpha School and Forge Prep, with tuition running up to $75,000 a year.
Markets US Housing Hits Record Unaffordability, Per CBS Report Per CBS, US home affordability is at a historic low. Median existing home prices hit $440,660, with buyers needing $117K+ in income and over 75% of listings out of reach.
Politics Sen. Lindsey Graham Dies at 71 from Aortic Dissection Sen. Lindsey Graham, 71, died from an aortic dissection linked to arteriosclerosis. His sister, Darline Graham Nordone, appointed to fill his Senate term.
AI Musk: AI and Robots Will Bring Universal High Income, Work Optional Elon Musk says AI and robots will make work optional and deliver universal high income. Michael Burry replied ‘False. There will be revolution first.’ Here is the trade angle.
Crypto Trump’s $1.4B Crypto Haul Tops Every US Public Crypto Firm Trump’s 2025 financial disclosure shows at least $1.4B in crypto income, edging out Coinbase’s $1.26B and topping every publicly traded US crypto company on the board.
Markets FIFA weighs 64-team World Cup for 2030 as Infantino floats expansion FIFA President Gianni Infantino says the body will examine expanding the World Cup to 64 teams for 2030, adding another 16 nations and reshaping the tournament's commercial footprint.
Markets Delta CEO: Fares Stay Elevated Even If Jet Fuel Prices Fall Delta CEO Ed Bastian told investors ticket prices will stay elevated even if jet fuel eases, citing labor and structural costs. DAL beat Q2 estimates despite a record $4.4B fuel bill.
Macro US entry-level job market weakest in 37 years as new-entrant unemployment hits 13.3% The share of unemployed Americans who are new workforce entrants hit a 37-year high at 13.3% in 2025, with finance and info services bleeding jobs and AI closing the door on entry-level white-collar work.
Tech Microsoft Hit With Backlash Over 4,800 Layoffs and 2,273 H-1B Approvals Microsoft is facing backlash after cutting 4,800 jobs including 1,600 at Xbox while USCIS data shows the company was approved for 2,273 H-1B hires this year.
Tech Phoebe Gates’ shopping app Phia accused of claiming commissions it didn’t earn Phia, the shopping app co-founded by Bill Gates’ daughter Phoebe, has been accused of ‘cookie stuffing’ to claim affiliate commissions on sales it didn’t generate, leading to suspension from Impact.com.
Markets Costco Has Thousands of Hourly Worker 401(k) Millionaires: CFO Costco CFO Gary Millerchip says many thousands of U.S. hourly workers now have more than $1 million in their 401(k) accounts, powered by high wages, low turnover, and a stock that is up over 2,000% in 20 years.
Politics Pentagon Runs Low on Cash Despite Nearly $1T Budget The Pentagon is running out of cash despite a nearly $1T budget, asking Congress for $67B more as Iran war costs mount and munitions stockpiles run low.
Geopolitics Argentine FA says systems breached by Egyptian hackers after World Cup win Argentina’s Football Federation says Egyptian-origin hackers breached its database and sent emails from AFA accounts alleging referee corruption in the World Cup win over Egypt.
Politics New Mexico AG Accuses DOJ of Stonewalling Epstein Ranch Probe New Mexico AG Raul Torrez says the DOJ is withholding unredacted Epstein files, stalling the state's Zorro Ranch investigation. The DOJ says it responded in June and stands ready to assist.
Markets NYC Adopts First US Click-to-Cancel Rule for Gyms, Streaming New York City adopted a first-in-the-nation click-to-cancel rule, forcing gyms, streamers and other subscription businesses to make cancellation as easy as signup starting October 1, with $525-per-violation penalties.
Geopolitics Trump declares Iran ceasefire ‘OVER’ after strikes in Strait of Hormuz Trump says the US ceasefire with Iran is ‘OVER’ after fresh strikes tied to attacks in the Strait of Hormuz, though talks will continue. Oil is up on the week and tanker traffic has slowed.
