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US Oil Reserves Hit 40-Year Low as Trump Demands Iran Compensation
The US Strategic Petroleum Reserve fell to 298.7 million barrels, its lowest since 1983, as Trump demands compensation from Iran and oil reclaims $80.
August 10, 2026
Jefferies Cuts Apple Price Target to $263 as iPhone Redesign Scrapped
Jefferies cut Apple's price target to $263.66 and downgraded the stock after reports its all-glass iPhone redesign was scrapped amid rising memory costs.
August 10, 2026
Saudi Crude Exports Fall as Red Sea and Hormuz Risks Mount
Saudi Arabia's crude exports fell 460,000 barrels a day in July to 4.19 million bpd as Houthi threats near Bab el-Mandeb disrupted Red Sea shipments.
August 10, 2026
SpaceX Stock Rises Back Above IPO Price After 30% Rally in 3 Days
SpaceX shares climbed back above their $135 IPO price, up roughly 30% over three sessions and adding more than $327 billion in market value.
August 10, 2026
Jamie Dimon Warns Dollar Could Lose Reserve Status Within 25 Years
JPMorgan CEO Jamie Dimon says the dollar's reserve-currency status depends on the US keeping its economic and military edge over the next 25 years.
August 10, 2026
Japan's 2-Year Bond Yield Hits 31-Year High as Yen Slides Past 158
Japan's 2-year bond yield reached 1.614%, its highest in 31 years, while the yen weakened past 158 per dollar on a surprise current-account deficit.
August 10, 2026
India's Central Bank Sells Dollars Again as Rupee Defense Drags On
The Reserve Bank of India intervened again to hold the rupee near 95.23 per dollar, after a record low of 96.96 in May and a 40% decline since 2013.
August 10, 2026
Intel Stock Falls 5% After Announcing $15 Billion Share Offering
Intel shares fell below $100 after the company announced a $15 billion common stock offering to fund its AI buildout and shore up its balance sheet.
August 10, 2026
Michael Burry Turns Bearish on Berkshire Hathaway Under New CEO
Michael Burry says Berkshire Hathaway has lost the patience that defined Buffett's investing, as the stock trails the S&P 500 by roughly 8 points in 2026.
August 10, 2026
Japan's Top Life Insurers Rack Up $96 Billion in Bond Losses
Japan's four largest life insurers reported a combined $96 billion in unrealized domestic bond losses for Q2, up 7% as rising rates hit portfolios.
August 10, 2026
US Employers' July Hiring Plans Jump 47% to Best Since 2022
US employers announced plans to hire 16,095 workers in July, up 47% from June and the strongest July total since 2022, per Challenger, Gray & Christmas.
August 10, 2026
China's Inflation Cools to 0.5%, Missing Forecasts Again
China's consumer inflation eased to 0.5% in July, below the 0.8% forecast, as falling pork prices and softer transport costs weighed on the index.
August 10, 2026