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The Fed decision remains the main event this week. Treasury yields hit levels not seen in 19 years.
James Demmert says economies across the world are seeing interest rate hikes, not just the U.S. He believes the Fed remains firm on pulling inflation down to 2%, something he doesn't expect incoming inflation data to change. Despite inflation challenges, James makes the case for a fourth-quarter rally, bolstered by AI growth, to close out 2026.
The U.S. Military now has weapons in space.
Elon Musk addressed the debate over AI regulation, saying the leading labs and Chinese companies should peer-review each other's models to evaluate their safety. The debate around how to regulate AI has intensified after the leaders of Anthropic, OpenAI and other AI companies spent the weekend warning about the technology's harms.
ROOT has shifted from hypergrowth toward disciplined underwriting, prioritizing sustainable margins over aggressive premium expansion. H1 2026 net combined ratio improved to 91.7%, while the expense ratio fell to 27.6%, showing meaningful operating leverage. Distribution is diversifying through brokers, marketplaces, and embedded partnerships as ROOT reduces dependence on expensive direct customer acquisition.
Anthropic's CEO Dario Amodei is calling to pace AI development, and both Altman and Musk agree, causing markets to crash this Monday. While we don't think the market reaction is ill-founded, we don't see any real slowdown happening beyond aesthetic safety measures and third-party evaluations.
Major US stock indexes opened lower on Tuesday as rising crude prices, elevated Treasury yields and uncertainty over the outlook for artificial intelligence demand weighed on investor sentiment. The Dow Jones Industrial Average was down 253 points.
BRICS is not creating a common currency; the New Delhi Declaration focuses on payment infrastructure to facilitate local currency use, not reserve status. The U.S. dollar remains dominant in global reserves and transactions, with only gradual, fractional declines in share over decades.
Nigeria's Dangote oil refinery has emerged as a key supplier of fuel to Europe following disruptions to Middle East exports, highlighting its growing influence on global fuel markets and generating record profits ahead of its stock market debut.
Wall Street is bracing for a more than 90% chance the Fed will raise interest rates Wednesday. Kevin Hincks discusses how he sees the market moving should the FOMC raise rates for September and gauges whether it will start a rate hiking cycle.
Nvidia Chief Executive Officer Jensen Huang took a live phone call from Donald Trump during a panel discussion, where Trump dismissed artificial intelligence dangers as a “hoax.” Meanwhile, a Chinese Foreign Ministry spokesperson has pushed back against tech leaders' calls to slow frontier AI development.
Stock futures are slightly lower this morning as bond yields and oil prices continue rising; the yield on the 10-year Treasury hit its highest level since 2007; the Fed's policy committee is set to begin a two-day meeting, with a decision on interest rates coming tomorrow afternoon; bitcoin is falling ahead of a key Senate vote on a bill that would introduce new regulations to the crypto sector; and shares of Dave & Buster's are plunging after a weak earnings report. Here's what you need to know today.
The private sector can address the risks posed by rapidly advancing artificial intelligence, National Economic Council Director Kevin Hassett told CNBC. President Donald Trump decried AI industry leaders and others who have raised alarms about their own nascent technology.
Dorchester Minerals offers a forward yield above 17% and remains a compelling income play, supported by robust Q2 results and a pristine balance sheet. Q2 2026 saw net income surge 150% year-over-year, with distributions boosted by a one-time Midland County settlement; normalized payouts remain strong. Recent insider buying and a Williston Basin acquisition reinforce confidence in DMLP's strategy of debt-free, unhedged growth via unit-funded mineral deals.
The Federal Reserve Bank of New York said its statewide manufacturing index of business conditions came in at 7.6, pulling back from a four-year high of 20.6 in August.
