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S&P 500 Hits Record 7,798.99 as Inflation Cools, Rate Hike Fears Ease
S&P 500 closes at record 7,798.99 on August 13 as July producer prices hold flat, signaling lower odds of Fed rate hike in September. Tech stocks lead gains.
Farage Wins Clacton By-Election With 63% as Financial Probe Resumes
Nigel Farage won the Clacton by-election with 63% of the vote on August 14, 2026, defeating Count Binface. A parliamentary investigation into his finances has resumed despite his victory.
Texas Judge Strikes Down NFA Registration for Silencers, Rifles on August 13
Federal judge strikes down NFA registration for silencers and short-barreled rifles after Congress zeroed the $200 tax. Trump DOJ declines to appeal, effective August 13, 2026.
On Holdings Plunges 19% as Federer Drops Below Billionaire Status on August 13
Roger Federerβs net worth fell below $1 billion after On Holding stock plunged 19% on Tuesday. Forbes estimates his fortune at $949 million, down from over $1.1 billion, following the sneaker brandβs missed sales expectations.
Crowley Upsets Hong in Wisconsin Democratic Primary, August 13
David Crowley defeats Francesca Hong in Wisconsin Democratic primary for governor by just 3,000 votes, 39.8% to 39.4%, after relaunching campaign with Tony Evers endorsement.
US 30-Year Bond Yields Hit 19-Year High of 5.23% Ahead of August 12 CPI Report
US 30-year Treasury yields hit 5.23% on August 12, 2026, the highest since 2007. Inflation fears and fiscal deficits are pushing long bonds higher as investors await CPI data.
Oracle Layoffs Could Intensify After 21,000 Jobs Were Cut Amid AI Expansion
Oracle layoffs are expected to intensify again before September 1, 2026, according to a Business Insider report from earlier this week. That follows a brutal fiscal 2026 in which Oracle already eliminated 21,000 jobs, roughly 13% of its total workforce, according to its June 22 regulatory filing. Oracle stock closed at $145.48 on August 11,β¦
US Navy Fires Missiles at Cargo Ship Breaking Iran Blockade on August 11
U.S. Navy helicopter fired two Hellfire missiles at the M/V Vela Nova on August 11, disabling its steering gear after the crew ignored repeated warnings. It was the third vessel disabled since the blockade was reimposed in July.
Daycare Worker Alone With 9 Infants as Boy, 9 Months, Falls and Loses Consciousness in Osaka
A 9-month-old boy fell unconscious at a licensed daycare in Osaka. Investigation reveals one caregiver supervised nine infants. The city issued improvement orders after a year-long delay in disclosure.