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Review Gross U.S. debt has surpassed $40 trillion, a new milestone in the country’s struggle to control its finances. Reaching that threshold carries symbolic weight, but isn’t, by itself, economically significant. Most investors and economists care less about raw figures than other measures, like the ratio of debt to gross domestic product, which provides a better sense of an economy’s borrowing capacity.—Sam Goldfarb and Matt Grossman, “U.S. Debt Just Topped $40 Trillion: How We Got Here,” The Wall Street Journal, August 20, 2026.It was another remarkable week for financial markets as the U.S. Treasury announced an unexpected expansion of its debt buyback…

The corporate earnings foundation remains exceptionally strong. S&P 500 profit growth has now posted 12 consecutive positive quarters, with momentum accelerating and expanding well beyond its initial Big Tech core. This sets a powerful backdrop as we finalize the Q2 earnings season—with just 32 S&P 500 members left to report—and turn our attention to Q3.The quarterly chart below details actual results alongside Q3 2026 growth expectations and forward projections.Image Source: Zacks Investment ResearchAs you can see here, 2026 Q3 earnings for the S&P 500 index are expected to increase by +22.3% from the same period last year on +10.8% higher…

The Aussie Dollar finished the week with gains of over 0.82% on Friday and up more than 1.20% for the week as the US Dollar tumbled following the US Treasury Department’s announcement of a bond buyback for the long end of the curve. The AUD/USD trades at 0.7170, after rebounding near 0.7067.AUD/USD Price Forecast: Technical OutlookAUD/USD price action indicates that the uptrend resumed after the pair reclaimed the 100-day Simple Moving Average (SMA) at 0.7969. In addition, a breakout above the June 4 daily high of 0.7149 opened the door for further gains.The Relative Strength Index (RSI) indicates bullish momentum.…

Key PointsAI data centers are being built faster than the power utility industry can add electricity-generating capacity.That’s why the artificial intelligence industry is taking power-production matters into its own hands.This demand for natural gas power turbines will exceed the supply of them well into the foreseeable future.10 stocks we like better than GE Vernova ›Just a few years ago, most people may not have even known what a natural gas power turbine was, or what they’re used for. Today, investors keeping tabs on the artificial intelligence (AI) revolution are almost certainly familiar with them, and the AI industry’s lack of…

Hans Stockfisch, CEO of Flexvelop, tells CB Insights how they view the market, customer needs, and their company. How do you define your market and where does your company fit into that space? At Flexvelop, we are building the subscription layer for everyday business equipment. Think of coffee machines in a cafe, the laptop in an office, an ultrasonic device at the hospital, or even a pizza oven at a restaurant.

Hims & Hers CEO Andrew Dudum defended the telehealth company amid a Federal Trade Commission lawsuit over its data sharing practices. In a wide-ranging exclusive interview aired Tuesday, Dudum contended the allegations stemmed from a misunderstanding of how the company is altering healthcare. “I can’t say much other than the fact that, you know when you’re changing the fundamental understanding of how a traditional system like healthcare works, and you’re rebuilding it in the digital ecosystem,” he told Andrew Ross Sorkin on CNBC’s “Squawk Box.” “I think it takes time for people to understand how to do that the right…

Mortgage rates are higher this morning as markets have fully shrugged off Wednesday’s surprise Treasury announcement. The move was certainly intended to bring down longer-term bond yields — and borrowing costs, like mortgage rates — but it’s not enough to overcome the larger forces at work. The Iran war, Fed anxiety, even (but also, of course) the rise of A.I. all play into what’s been happening with the bond market.The average interest rate on a 30-year, fixed-rate mortgage rose to 6.55% APR, according to rates provided to NerdWallet by Zillow. This is four basis points higher than yesterday and two…

However, fellow student Jessica, who is also going to study at Liverpool John Moores University, feels she will miss out.She says she would have loved to live on campus and enjoy student life, but the price of renting is “ridiculous” and “insane”.”I have a part-time job as everything is so expensive, and then commuting is going to kill a lot of my free time as well,” she says.”It is a bit sad really when you think about it.” But she is pleased that staying at home means she will still be able to have her mum and dad’s cooked dinners.Earlier…

The NCSC said QR codes were also increasingly being used in phishing emails to disguise links to malicious sites.Microsoft said this was the fastest-growing scam technique aimed at people’s emails, with 18.7m cases recorded in March of this year.This is because QR codes allow scam links to “slip through” on email, while a URL embedded in a message might be filtered out as spam, said Professor Filipo Sharevski of DePaul University in Chicago, who has studied the malicious use of QR codes.The black and white squares also make it easier for criminals to hide the true website they are taking…

A small power plant in the UK was shut down during a cyber attack.The government said that at no point was there a risk to the UK’s energy system, but the Department for Energy Security and Net Zero (DESNZ) has contacted power companies to advise them about the risk of cyber attacks.The Telegraph reported, external that the attack, which took place last month, was carried out by hackers affiliated to the Iranian regime.For security reasons, neither the government nor the National Cyber Security Centre, which deals with attacks on critical infrastructure, would give further details of the site affected. However…