Inflation Ran a Little Hotter Than Expected in July
July inflation ran hotter than Wall Street expected, with financial services and insurance up 1.2% as the biggest single mover in the report.
Aug 26, 2026 ·
Yahoo Finance
July inflation ran hotter than Wall Street expected, with financial services and insurance up 1.2% as the biggest single mover in the report.
Aug 26, 2026 ·Yahoo Finance
Bill Gates argues for a “robot tax” to discourage employers from replacing workers with AI-linked machines by limiting immediate write-offs and funding retraining and a safety net, alongside creating “Human Reserved” job categories that would bar AI from being used in certain tasks.
Aug 26, 2026 ·
TechCrunch
Microsoft pushed the deletion date for legacy Azure-based Whiteboard files to October 16, 2026, with the standalone Whiteboard app deprecated on November 30, 2026.
Aug 26, 2026 ·
The Register
CISA said it has observed cyberattacks targeting over 100 internet-exposed U.S. water and wastewater systems during July, largely aimed at programmable logic controllers (PLCs).
Aug 26, 2026 ·TechCrunch
Japan plans to launch a national blockchain-based settlement infrastructure for tokenized stocks and Japanese government bonds, starting development in early 2027 with onchain operation likely in early 2030s.
Aug 26, 2026 ·Yahoo Finance
A class-action lawsuit alleges Oura’s ring can’t accurately track sleep stages because it doesn’t measure brainwaves directly and instead relies on AI-based inference, with the complaint claiming it’s no more accurate than a “coin flip.”
Aug 26, 2026 ·
The Verge
The next DSM edition, planned for release in the coming years by the American Psychiatric Association, is expected to modernize psychiatric diagnoses by introducing biology, despite a lack of scientifically valid biomarkers for psychiatric conditions (except biomarkers used for Alzheimer’s disease).
Aug 26, 2026 ·Ars Technica
A consortium of 39 U.S. state banking associations plans to launch the “BankChain Alliance” bank-run blockchain network by 2027 to enable financial innovations including tokenized deposits and stablecoins.
Aug 26, 2026 ·Yahoo Finance
Meta agreed to pay up to $18 billion to settle a lawsuit brought by 29 U.S. states over alleged harms to children from Instagram and Facebook.
Aug 26, 2026 ·TechCrunch
Meta agreed in a settlement with 29 state attorneys general to set an age-assurance standard with independent testing and maximum false positive rates of 10% for 16–17 users and 3% for 13–15 users.
Aug 26, 2026 ·The Verge
Meta has agreed to settle with 29 US states over claims its teen social media design was intentionally addictive and harmful, with a maximum payment of $16.68 billion and court approval required.
Aug 26, 2026 ·
CNET
Bill Gates warns AI could rapidly replace human cognition across many industries within a decade, shrinking entry-level work and leaving “winners” likely to be a small group while “losers” are most of society unless governments adopt stronger domestic and international safeguards.
Aug 26, 2026 ·The Register
Ring says its new TAKE encryption limits police responses to non-video information and encrypted video files, while keeping cloud video features enabled (with key material accessible to Ring for up to 24 hours).
Aug 26, 2026 ·The Verge
Core PCE rose 3.3% in July and increased 0.2% month over month, leaving Fed officials divided over whether rates can be held steady or must be raised soon.
Aug 26, 2026 ·Yahoo Finance
U.S. PCE inflation stayed at 3.7% in the 12 months through July—unchanged from June and above the 2% Fed target—for the 65th straight month.
Aug 26, 2026 ·Yahoo Finance
India’s Russian crude imports are forecast to fall from 2.8 million bpd in July to about 2 million bpd in August, with purchases stabilizing just above 2 million bpd going forward.
Aug 26, 2026 ·Yahoo Finance
Australian dollar rose to $0.71865, its highest level in three months, after Australia’s trimmed mean CPI gauge increased 3.6% year-on-year, faster than expected.
Aug 26, 2026 ·Yahoo Finance
Trump’s efforts to restructure Fed policy influence have been stalled in court and the Senate, but he may still have as many as four opportunities to strengthen his sway over the central bank’s policy committee.
Aug 26, 2026 ·Yahoo Finance
Boston Fed President Susan Collins said the Fed will need to raise interest rates soon unless new data show a continued decline in inflation that is “pervasive” in concerns for businesses and households.
Aug 26, 2026 ·Yahoo Finance
Moody’s Analytics Chief Economist Mark Zandi says the U.S. faces preconditions for an economic crisis as bond-market selloffs have pushed 30-year Treasury yields sharply higher, prompting the Treasury Department to buy back more bonds starting early September, while the debt-to-GDP ratio has crossed 100% and the U.S. runs a $2 trillion annual budget deficit.
Aug 26, 2026 ·Yahoo Finance
