US Inflation Holds Steady at 3.4 Percent as Central Bank Weighs Next Move

Washington, Wednesday, 12 August 2026.
US inflation held steady at 3.4 percent in July 2026, balancing persistent energy pressures with cooling wage growth as the Federal Reserve evaluates upcoming interest rate decisions.

How Falling Battery Costs Are Turning Solar Power Into a 24-Hour Energy Source

Norway's Wealth Fund Reveals $1.2 Billion Stake in SpaceX

Treasury Permanently Ends Ownership Reporting Rules for Domestic Companies

Federal Reserve Policy Shifts Spark Wall Street Volatility Concerns

Investment Firm Raises Two Billion Dollars to Modernize Everyday Businesses With Artificial Intelligence

New York, Wednesday, 12 August 2026.
Thrive Holdings secured $2 billion at a $12 billion valuation to modernize traditional service businesses with artificial intelligence, signaling a strategic shift toward practical enterprise AI adoption.

Los Angeles Lakers Sold in Record $12 Billion Ownership Deal

A Multi-Million Dollar Defense Plant Fails to Produce a Single Shell

Home Depot Chief Executive Takes Leave as Retailer Faces Housing Market Headwinds

Disney Shifts Focus to Theme Parks and Artificial Intelligence

Democrat James Talarico Leads Ken Paxton in Texas Senate Race Polling

Austin, Wednesday, 12 August 2026.
Democrat James Talarico has built a four-point lead over Republican Ken Paxton in the Texas Senate race, driven by Paxton’s legal scandals and Talarico’s strong $72 million campaign war chest.

New Yale Study Reveals Universal Healthcare Could Save 114,000 Lives and Cut Costs by $1 Trillion Annually

U.S. Secret Service Uses Catering Truck Decoy to Evade Security Threat in Turkey

Democrat Rebecca Cooke Wins Wisconsin Primary to Set Up High-Stakes House Rematch

High-Stakes Primary Clash Highlights Split in Wisconsin Democratic Race

China's C919 Jetliner Launches First International Route to Mongolia

Beijing, Wednesday, 12 August 2026.
China’s domestically built C919 jetliner completed its first international flight on August 12, 2026, traveling from Beijing to Mongolia after safely flying over 7.5 million domestic passengers.

China's Economic Architect Zhu Rongji Dies at 97

Ukrainian Drone Strikes Halt Operations at Critical Russian Grain Export Hub

U.S. Military Disables Commercial Ship in Key Middle East Trade Route

China Consumer Inflation Drops to Six-Month Low as Spending Weakens

Maine Lifeguard Survives Rare Underwater Encounter With Great White Shark

Scarborough, Wednesday, 12 August 2026.
A veteran lifeguard survived being dragged 1.8 meters underwater when a great white shark grabbed his flotation device, highlighting a dramatic surge in coastal shark sightings this August.

Powerball Jackpot Soars to $905 Million After Months Without a Winner

Boat Captain Arrested After Fatal New York Harbor Capsizing

A New Wearable Ultrasound Device Accelerates Sleep Recovery Without Medication

Brush Fire Near Burbank Forces Business Evacuations and Cancels Events