Markets Even medical pros are skipping health insurance over cost, per WaPo The Washington Post reports that even doctors and pharmacists are dropping health insurance as premiums surge, spotlighting risk for managed care, hospitals, and pharmacy names tied to ACA subsidy policy.
Markets US home prices posted fastest annual gain in a year in August: Redfin Redfin says US home prices rose 3.7% year over year in August, the fastest annual pace in a year, even as sellers outnumbered buyers by 58% in the strongest buyer’s market on record.
Markets Mamdani: DoorDash Underpaid 260K+ NYC Delivery Workers, $131.5M Deal NYC Mayor Zohran Mamdani announced a record $131.5M settlement with DoorDash after the city found the company underpaid more than 260,000 delivery workers, with $115M going directly to Dashers.
Markets Michael Burry Adds to Micron Short as Memory Thesis Deepens Michael Burry disclosed he shorted more Micron, Nebius, SOXX, and Palantir “in some size,” doubling down on his AI memory glut thesis after fresh supply warnings from Acer.
Energy Rubio: Diesel Would Be $18 a Gallon If Not for Trump Marco Rubio said diesel would hit $18 a gallon without Trump, as US diesel prints a record $6.53 average and Washington debates an export ban.
Energy Trump Weighs Diesel Export Ban as Prices Hit Record $6.53/Gal Treasury Secretary Scott Bessent says the Trump administration is examining a full or partial diesel export ban as US diesel prices hit a record $6.53 per gallon. Trump backs the idea; analysts warn it could backfire.
Geopolitics Rubio: New Greenland Deal Lets US Build Unlimited Military Bases Rubio says the new US-Denmark-Greenland pact is permanent, lets Washington build unlimited military bases, adds a Golden Dome missile shield, and blocks Chinese investment in the Arctic.
AI Jensen Huang: Develop AI ‘As Fast As We Can,’ Rejects Slowdown Calls Nvidia CEO Jensen Huang told CBS News that AI should be built as fast as possible, rejecting calls from Anthropic and others to slow frontier development.
Macro Bessent Raises Treasury Buyback Size Again to Cap Long-End Yields Treasury Secretary Scott Bessent has raised the bond buyback size again, extending an unusual push to cap long-end yields. Here is what traders should watch across TLT, TLH and rate-sensitive names.
Politics Networks Suspend White House TV Pool After Trump Bans CNN, MS NOW, Politico ABC, CBS, NBC, Fox News and CNN suspended White House TV pool coverage of President Trump after the administration blocked CNN from its assigned rotation, as CNN, Politico and MS NOW sue over the ban.
Energy GOP Weighs U.S. Diesel Export Ban as Prices Hit Record $6.51 Republican lawmakers including Sen. Chuck Grassley and Rep. Tim Burchett are pushing for a U.S. diesel export ban as pump prices hit a record $6.51 per gallon. Refiners and integrated energy names are in focus.
Markets GLP-1 makers Novo Nordisk, Eli Lilly hit with vision loss lawsuits Novo Nordisk and Eli Lilly face dozens of lawsuits alleging Ozempic, Wegovy and Zepbound caused NAION, a rare and often permanent form of vision loss.
Real Estate US Home Sellers Outnumber Buyers by Record 563,000: Redfin Redfin says US home sellers outnumbered buyers by a record 58% in August 2026, roughly 563,000 more listings than active buyers. Sun Belt metros lead the imbalance as builders keep adding supply into a stalled demand backdrop.
Macro Job Market Flips: Non-College Young Workers Beat Grads on Unemployment Per WSJ and a Burning Glass Institute analysis, unemployment for younger non-college workers is near two-decade lows, while college grads face one of their worst job markets, partly due to AI eating entry-level roles.
Tech WSJ: A computer-science degree is no longer a golden ticket The WSJ says a computer-science degree is no longer a golden ticket, as AI, tighter hiring, and a flood of new grads reshape the tech job market.
Commodities FT: Copper Facing Major Supply Shortfall Starting 2027 The FT reports a big shortfall in copper supply is expected from 2027, with Citi, Deutsche Bank and JPMorgan warning of a structural deficit. Miners like FCX, SCCO, BHP and RIO are in focus.
AI OpenAI Projects $278B Cash Burn Through 2030, FT Reports OpenAI projects $278B in negative free cash flow from 2026-2030 as compute spending balloons to $856B, per FT. Revenue is forecast to grow tenfold to $350B by 2030, but burn stays deep.
Real Estate US Home Sellers Hit 6-Year High as Buyer's Market Deepens: Redfin Redfin data shows US home sellers hit a 6-year high in August 2026, outnumbering buyers by 58% as concessions reach nearly half of all sales and mortgage rates push toward 7%.
Macro Households Cut Spending as Inflation Outpaces Wages: CNBC US households are cutting back on spending and shifting toward discount and warehouse retailers as August inflation ran 3.4% versus 3.1% wage growth, per CNBC.
Politics Lutnick’s Net Worth Doubles to Over $7B Since Joining Trump Cabinet Commerce Secretary Howard Lutnick’s net worth has doubled to about $7.3 billion since joining Trump’s Cabinet, per Forbes, driven mostly by Cantor Fitzgerald’s indirect Tether exposure.
Geopolitics Pentagon Probe: AI Overreliance, Stale Intel Led to Iran School Strike A Pentagon probe found outdated intel and overreliance on Palantir's Maven AI system contributed to the Feb. 28 U.S. Tomahawk strike on a Minab elementary school that killed 123 children.
Macro Social Security Trust Fund Projected to Run Dry by 2032 The Social Security OASI trust fund is now projected to be depleted in the fourth quarter of 2032, one quarter earlier than last year's estimate, setting up a 22% benefit cut unless Congress acts.
Geopolitics US Warns Americans in 9 Mideast Countries as Saudi-Houthi Fight May ‘Escalate Rapidly’ The US State Department urged Americans in nine Middle East countries to exercise heightened caution, warning that Houthi-Saudi fighting could escalate rapidly and disrupt travel, shipping, and energy flows.
Politics FBI Warns of ‘Tradwife’ Catfish Scheme Targeting ICE Agents An FBI Chicago memo warned that women posing as ‘tradwives’ on dating apps are allegedly luring and doxxing ICE officers, though the bureau offered little evidence and critics called the alert thinly sourced.
Macro Non-college workers see best job market in years as grads struggle The Wall Street Journal reports Americans without college degrees are having one of the best job markets in years, while young grads face rising unemployment as AI eats entry-level work.
