Is there a pending AI ‘debt bomb’ crisis? No. This isn’t Enron 2.0 Fears of a datacenter buildout debt crisis are exaggerated. The risks are different than in the past and they are recoverable The Guardian - US · Aug 23
Disney Greed? Spousal Insurance Reportedly Axed in 'Extreme, Nothing-Else-Can-Work Solution' to Save Cash Disney will stop covering some US employees' spouses on its medical insurance from next year, a cost-cutting move that experts warn is an 'extreme' step. International Business Times UK · Aug 23
The House Needs a New Roof: Should You Replace It Before Selling? A roof that has seen better days can turn a straightforward home sale into a negotiation circus. Before spending a small fortune on shingles, flashing, underlayment, and the inevitable “while we’re at it” repair, sellers need to decide whether a new roof will actually help the sale or simply make… Everybody Loves Your Money · Aug 23
Canada vows ‘dollar for dollar’ response as US puts 50% tariffs on some goods Collapse of trade talks could lead to job losses, but biggest impact on traditional allies is expected to be political The Guardian - AU · Aug 22
Your House Is Paid Off at 55 — What Should You Do With the Money That Used to Go to the Mortgage? Paying off a house at 55 feels like reaching the top of a very long financial staircase and discovering nobody handed you a bill for the next step. The mortgage payment disappears, but that does not mean the money should suddenly disappear into restaurants, gadgets, weekend trips, and a suspicious… Clever Dude · Aug 23
Trump told Lula that officials should meet soon to discuss tariffs, Brazil says Brazilian and U.S. presidents spoke by phone regarding recent tariffs imposed on Brazilian goods. Lula reiterated that negotiations are the best way to resolve the ongoing trade dispute. Trump suggested officials from both countries meet as soon as possible to discuss matters. The tariffs would harm both economies and cited… The Economic Times · Aug 22
Google's $10 million bid to buy old business data from Spirit Airlines so it can use it to train AI has hit turbulence One corporation's old business data could be another's AI treasure TechRadar · Aug 22
What Does a “Comfortable Retirement” Actually Cost When the House Is Already Paid Off? Paying off the mortgage before retirement sounds like crossing the biggest expense off your list, and it certainly can transform a household budget. But a... Saving Advice · Aug 22
Canadian PM says country ‘at war’ with US on trade and fires back at Trump’s 50% tariffs with retaliatory measures Carney said the equivalent dollar-for-dollar counter-tariffs will focus on sectors such as dairy, steel, household appliances, farming equipment, electronics, and pulp and paper The Independent UK · Aug 22
Can Carney keep up? Canada cancels trade talks with US - what's at stake Canada and the United States were close to a trade deal this week. Then the negotiations collapsed. Canadian Prime Minister Mark Carney walked away from the talks, saying Washington had “asked too much and offered too little”. Hours later, US President Donald Trump followed through with 50% tariffs on about… The Times of India · Aug 22
‘The danger is really retaliation’: Canada and US teeter on trade war as talks collapse. Beer and cheese are among the goods facing 50% tariffs A “body blow to North American competitiveness in this self-defeating trade saga.” We Got This Covered · Aug 22
A trade war between Canada and the US deepens rupture in what had been a close and durable alliance Canada and the US are heading towards a potential full-scale trade war after last-ditch tariff negotiations collapsed, marking a major break in their decades-old economic relationship. The Economic Times · Aug 22
Back-to-back Amazon CPU scam delivers empty Ryzen 5 9600X boxes in 72 hours — $ 10,000-a-month business customer captures fraud on camera A PC shop that spends over $10,000 a month on Amazon hardware says two AMD Ryzen 5 9600X orders arrived with the CPUs missing. Tom’s Hardware · Aug 22
Bitcoin surges 23% in 1 week to trade nearly $78K as liquidity hopes, ETF inflows boost crypto markets Bitcoin surged nearly 23% in a week to around $78,000, while Ethereum and major altcoins also rallied. Strong crypto ETF inflows, softer US dollar expectations, Treasury buybacks and reduced Fed tightening hopes boosted sentiment. Analysts flagged improving institutional participation, though profit-taking and long-term holder selling remain key risks. The Economic Times · Aug 22
Bangkok Post · Aug 22 Tariff-hit Canada tries to curb US reliance MONTREAL, Quebec - US President Donald Trump’s 50% tariffs on certain Canadian goods, which took effect on Saturday, have delivered another blow to bilateral trade, renewing focus on Ottawa’s efforts to reduce dependence on its southern neighbour.
The Economic Times · Aug 22 Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak? Gold rose 5% this week to nearly $4,603, marking its third consecutive weekly gain, supported by a weaker US dollar, Treasury bond buybacks and expectations of stable Fed rates. Analysts see long-term potential amid central-bank demand and currency concerns, though the World Gold Council expects near-term prices to remain rangebound.
Bangkok Post · Aug 22 US-Canada trade talks fail, high tariffs kick in WASHINGTON - Hefty US tariffs on some Canadian products took effect on Saturday after days of negotiations that went down to the wire failed to produce an agreement.
Barchart · Aug 21 Congressman Shri Thanedar Disclosed a January Apple Stock Sale Worth up to $250,000 171 Days After the Legal Deadline Thanedar and others were late to filing disclosures.
The Economic Times · Aug 22 Canada refuses to finalise US trade deal, Trump official Jamieson Greer says The United States will impose fifty percent tariffs on Canadian imports starting Saturday. This action follows failed trade negotiations between the two nations. Canada declined a US offer for better market access and faced accusations of retaliation. Intensive talks aimed to resolve differences over trade barriers and existing tariffs. The…
Barchart · Aug 21 Crude Oil Prices Rise as Middle East Hostilities Persist October WTI crude oil (CLV26 ) closed up +0.23 (+0.26%) on Friday, and October RBOB gasoline (RBV26 ) closed up +0.0377 (+1.25%). Crude oil and gasoline prices settled higher on Friday, with gasoline posting a 3.5-week high. Crude prices were supported on Friday by threats from President Trump to crush...
Barchart · Aug 21 Broadcom’s Secret Weapon Against Nvidia Isn’t Chips — It’s a Massive Off-Balance-Sheet Financing Machine Broadcom is building a massive AI financing machine that could unlock chip demand, accelerate revenue, and strengthen its edge in custom silicon—though credit risks remain.
TechRadar · Aug 21 Target may have suffered another damaging data leak as hackers claim 8.6GB haul The claims came from a threat actor with a questionable track record.
The Independent UK · Aug 21 Walmart reveals how it is going to use the nearly $3 billion it got in tariff refunds The announcement came as US sales slumped to their lowest level in over six years
The Independent UK · Aug 21 The ‘best’ US states to live in, according to a new study The top state in the study ranked in the top 10 for affordability, economy and safety
Barchart · Aug 21 Are Wall Street Analysts Predicting Extra Space Storage Stock Will Climb or Sink? Extra Space Storage has underperformed the broader market over the past year, and analysts remain somewhat bullish about the stock’s prospects.