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Josh Kushner and Bob Iger Buy Lakers for Record $12.5B on August 13
Josh Kushner and Bob Iger agreed to buy the Lakers for a record $12.5 billion. The sale needs NBA board approval and may take months to complete.
Crypto Prices Today: Bitcoin (BTC-USD) Holds Near $63,844, Up 0.30% as Traders Await US PPI Data
Crypto prices held steady Thursday, August 13, 2026, with Bitcoin trading near $63,844, up 0.30%. Ethereum hovered around $1,878, while Solana traded near $75.53 and XRP sat close to $1.00. Traders are now watching the July Producer Price Index, due at 8:30 AM ET Thursday. That release follows Wednesday’s tame Consumer Price Index report, which…
Social Security Fast-Tracks 14 Rare Diseases on Disability List, August 13
Social Security added 14 rare diseases to its fast-track disability list, bringing the total to 314 conditions. Qualifying claims can now be approved in days instead of months.
Social Security COLA 2027 Estimate Holds at 3.1% After July 2026 CPI-W Report
The Social Security COLA estimate for 2027 held at 3.1% after July’s CPI-W data release. The Bureau of Labor Statistics confirmed CPI-W rose 3.4% over the 12 months ending July 2026. That trend-based calculation, from MyFederalRetirement, stayed unchanged from last month’s projection. Other forecasters see the increase running higher, ranging between 3.4% and 3.6%. The…
LA Warehouse Rotting Meat Crisis: 85M Pounds, £60M Cleanup, New Laws Loom
A burned LA warehouse holds 85 million pounds of rotting meat. Residents face foul odors, flies, and rats. Lineage Logistics faces £60M cleanup costs and new state laws targeting industrial accountability.
USS Abraham Lincoln Sailors Attempt Suicide as 9-Month Deployment Breaks Records
Multiple sailors aboard USS Abraham Lincoln attempted suicide during record-breaking 250-day deployment. Families confront Navy leadership over mental health crisis, poor living conditions, and no return date.
Social Security Adds 14 Rare Diseases to Fast-Track Disability List
Social Security added 14 rare diseases to its fast-track disability list on August 11, 2026. The Compassionate Allowances program now covers 314 conditions and has helped 1.2 million people receive faster approval.
Tencent Q2 Profit Misses Estimates at RMB56 Billion as AI Spending Rises, Revenue Jumps 11% to RMB204.8 Billion
Tencent reported second-quarter 2026 results Wednesday, missing profit estimates as AI spending surged sharply. Net profit attributable to equity holders reached RMB56.0 billion, up just 0.7% year-over-year. That figure fell roughly 4% short of the RMB58.5 billion analyst consensus. Revenue climbed 11% to RMB204.8 billion, beating expectations of RMB202.7 billion for the quarter. Tencent Q2…
Tokyo Metro Hanzomon Line Resumes After Asbestos Found at Station on August 9
Tokyo Metro suspended the Hanzomon Line after asbestos-containing fabric fell from ventilation equipment at Hanzomon Station. Service resumed after cleanup and environmental testing confirmed safety.