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Trump’s Tariff Win: Court Backs De Minimis Exemption Removal on August 14
U.S. trade court upholds Trump’s removal of de minimis tariff exemption on August 14. Canadian firms brace for 50% tariffs starting August 19 as negotiations stall over lumber and alcohol.
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.
Asics to Dissolve Trading Subsidiary, Consolidate Walking Business August 15
Asics will liquidate its trading subsidiary and consolidate walking operations. Q2 profit jumped 62.1% to 35.6 billion yen as Onitsuka Tiger brand drives growth.
Ticketmaster Integrates With Google Gemini for AI-Powered Event Discovery on August 13
Ticketmaster now integrates with Google Gemini, allowing users to search for concerts and events through conversational AI. The feature is live in English for U.S. users on web, iOS, and Android.
Meta Removes 756,000 Australian Teen Accounts as Under-16 Social Media Ban Enforcement Tightens
Meta has removed more than 756,000 Australian accounts suspected of belonging to users under 16. The Facebook and Instagram owner confirmed the total on Thursday, August 13, 2026. That figure includes 462,000 Instagram accounts and 294,000 Facebook accounts. Meta shares (NASDAQ: META) closed at $578.27 on Wednesday, down from $599.64 a day earlier. Australia’s world-first…
Polymarket Prepares Major U.S. Push to Catch Kalshi as Prediction Market Battle Intensifies
Polymarket is making its clearest U.S. expansion push yet, building an internal market-making desk that would trade directly against its own users. That shift, reported by Bloomberg on August 12, 2026, moves Polymarket closer to a traditional sportsbook model. It comes as rival Kalshi seeks fresh funding at a valuation near $40 billion, nearly double…
Australia Sets $31.30 Minimum Wage for Delivery Drivers From August 17
Australia’s Fair Work Commission sets $31.30 minimum hourly wage for delivery drivers from August 17, 2026, with mandatory personal accident insurance and paid waiting time.
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Anthropic Strikes $9.1 Billion AI Cloud Deal With Riot Platforms to Expand Claude Computing Capacity
Anthropic has struck a $9.1 billion, 20-year computing deal with Riot Platforms Inc. to expand capacity for its Claude AI models. The agreement covers 191 megawatts of IT capacity at Riot’s Rockdale, Texas campus, enough to power roughly 143,000 homes. Riot Platforms shares surged over 25% in after-hours trading Monday, August 10, 2026, after Bloomberg…