The latest news

Japan Achieves Record $110 Billion Current Account Surplus Driven by Global Tech Boom

Japan Achieves Record $110 Billion Current Account Surplus Driven by Global Tech Boom

Tokyo, Monday, 10 August 2026.
Strong demand for AI components pushed Japan’s first-half current account surplus to a record 17.43 trillion yen, though higher energy costs triggered a unexpected monthly deficit in June.

Michael Burry Warns Investors as Artificial Intelligence Stocks Surge Past Normal Valuations

Michael Burry Warns Investors as Artificial Intelligence Stocks Surge Past Normal Valuations

Intel Files to Issue $15 Billion in New Stock to Fund Massive AI Chip Expansion

Intel Files to Issue $15 Billion in New Stock to Fund Massive AI Chip Expansion

Inflation Outpaces Worker Pay Gains and Threatens Future Economic Growth

Inflation Outpaces Worker Pay Gains and Threatens Future Economic Growth

Ondas Holdings Expands Artificial Intelligence Capabilities With Acquisition of Cyberhawk

Ondas Holdings Expands Artificial Intelligence Capabilities With Acquisition of Cyberhawk

latest news in economy

How High-Skilled Foreign Labor Drives Broader US Wage Growth

How High-Skilled Foreign Labor Drives Broader US Wage Growth

Cambridge, Monday, 10 August 2026.
A July 2026 study by the National Bureau of Economic Research reveals that expanding the H-1B visa cap yields long-term economic benefits across the United States workforce. Analyzing industry data from the 1999 to 2003 expansion period, researchers found that increased exposure to high-skilled foreign talent raised incomes for native-born workers and pre-existing immigrants. Surprisingly, these financial gains were most pronounced in non-STEM occupations, such as sales, operations, and marketing. Rather than simply increasing labor supply or generating new patents, skilled international workers act as a productivity shock. Their technical contributions optimize internal systems, allowing non-technical teams to execute tasks more efficiently. These productivity gains propagate forward through supply chains to downstream customer industries, demonstrating how targeted foreign labor boosts overall economic performance.

Why the US Dollar Risks Losing Global Leadership in 25 Years

Why the US Dollar Risks Losing Global Leadership in 25 Years

Federal Agency Backs California Boron Facility to Boost Domestic Mineral Production

Federal Agency Backs California Boron Facility to Boost Domestic Mineral Production

Major Banks and Regulators Gather in London to Accelerate Digital Market Infrastructure

Major Banks and Regulators Gather in London to Accelerate Digital Market Infrastructure

China's Foreign Debt Boom Faces Long-Term Limits

China's Foreign Debt Boom Faces Long-Term Limits

latest news in companies

Corma Secures $60 Million to Build Defensive AI Lab

Corma Secures $60 Million to Build Defensive AI Lab

San Francisco, Monday, 10 August 2026.
Corma raised $60 million in seed funding to launch a defensive AI lab, aiming to bridge the critical performance gap where AI attackers currently outperform security defenses.

Archer Aviation Buys Boeing Autonomous Flight Units to Expand Defense Business

Archer Aviation Buys Boeing Autonomous Flight Units to Expand Defense Business

Aspire Biopharma Buys Auto Parts Giant to Diversify Revenue

Aspire Biopharma Buys Auto Parts Giant to Diversify Revenue

USA Today Parent Partners With Palantir to Monetize Reader Data

USA Today Parent Partners With Palantir to Monetize Reader Data

Meta Releases Powerful New Free AI Model Capable of Running Locally

Meta Releases Powerful New Free AI Model Capable of Running Locally

latest news in politics

Arizona Native Nation Deploys Police to Stop Border Wall Builders

Arizona Native Nation Deploys Police to Stop Border Wall Builders

Sells, Monday, 10 August 2026.
The Tohono O’odham Nation placed police on alert to block federal contractors from entering tribal lands, escalating legal and operational risks following the alleged destruction of an ancient site.

Federal Court Decision on Cannabis Approaching as Official Review Concludes

Federal Court Decision on Cannabis Approaching as Official Review Concludes

Senator Bernie Sanders Demands Democratic Party Ban Outside Political Spending in Primaries

Senator Bernie Sanders Demands Democratic Party Ban Outside Political Spending in Primaries

New York City Homeowners Sue Mayor Mamdani Over Flawed Luxury Property Tax Rollout

New York City Homeowners Sue Mayor Mamdani Over Flawed Luxury Property Tax Rollout

Hawaii Primary Election Results: Two Dozen Candidates Win Seats Unopposed

Hawaii Primary Election Results: Two Dozen Candidates Win Seats Unopposed

latest news in global

US Shifts to Economic Blockade as Iran Demands Concessions in Strait of Hormuz

US Shifts to Economic Blockade as Iran Demands Concessions in Strait of Hormuz

Washington, Monday, 10 August 2026.
President Trump is pivoting to economic pressure over military strikes, leveraging severe inflation and an ongoing naval blockade against Iran as Tehran demands major US concessions to reopen the vital waterway.

Saudi Arabia Sees Record Tourist Surge as European Visitor Spending Rises

Saudi Arabia Sees Record Tourist Surge as European Visitor Spending Rises

Cambridge and Fortis Launch Global Study for Early Dementia Detection

Cambridge and Fortis Launch Global Study for Early Dementia Detection

US Oil Firm Ignores Greenland Rules to Target One Trillion Dollars in Arctic Oil

US Oil Firm Ignores Greenland Rules to Target One Trillion Dollars in Arctic Oil

Russia Plans Expansion of North Korean Forces to Bolster Military Capability

Russia Plans Expansion of North Korean Forces to Bolster Military Capability

latest news in general

Boat Captain Arrested After Fatal New York Harbor Capsizing

Boat Captain Arrested After Fatal New York Harbor Capsizing

New York, Monday, 10 August 2026.
Authorities arrested a boat operator facing 13 reckless endangerment counts after a capsizing near the Statue of Liberty killed a mother and baby, raising scrutiny over illegal charters.

A New Wearable Ultrasound Device Accelerates Sleep Recovery Without Medication

A New Wearable Ultrasound Device Accelerates Sleep Recovery Without Medication

Brush Fire Near Burbank Forces Business Evacuations and Cancels Events

Brush Fire Near Burbank Forces Business Evacuations and Cancels Events

Tennessee Titans Sign Left Guard Peter Skoronski to Record Contract Extension

Tennessee Titans Sign Left Guard Peter Skoronski to Record Contract Extension

Former Pittsburgh Steelers Coach Mike Tomlin Makes Television Debut with NBC Sports

Former Pittsburgh Steelers Coach Mike Tomlin Makes Television Debut with NBC Sports