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Best certificates of deposit (CDs) for August 2026
NewsAugust 29, 202624 min read

Best certificates of deposit (CDs) for August 2026

Key Takeaways You can currently earn up to 4.50% with our top pick for the best CD with a high APY. Opening a CD now can be a way to…

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Current price of silver as of Thursday, August 20, 2026
NewsAugust 29, 20265 min read

Current price of silver as of Thursday, August 20, 2026

At 6:15 a.m. Eastern Time on August 20, 2026, silver cost $66.85 per ounce. That’s a $3.59 rise from yesterday and more than a $28 increase compared with last year.…

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AI is becoming a financial engineering business
NewsAugust 29, 20265 min read

AI is becoming a financial engineering business

What happens when large language models become commodities? Competitive advantage moves from the model itself to the balance sheet behind it. AI is now reversing 20 years of technology economics,…

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Treasury rushes into bond market as Fed minutes show many governors want to hike rates, not cut
NewsAugust 29, 20264 min read

Treasury rushes into bond market as Fed minutes show many governors want to hike rates, not cut

Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s meeting last…

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‘Capital alone no longer clears a site’: Morgan Stanley says data centers’ big money era is over
NewsAugust 29, 20266 min read

‘Capital alone no longer clears a site’: Morgan Stanley says data centers’ big money era is over

Something has changed in the data-center story, Morgan Stanley warned this week: Money doesn’t talk the way it used to. Recommended Video For years, the formula for building a data…

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Klarna wants its next CFO in New York. That’s a signal to Wall Street
NewsAugust 29, 20266 min read

Klarna wants its next CFO in New York. That’s a signal to Wall Street

Good morning. Niclas Neglén helped take Klarna public in September 2025. Now, after six years as CFO, he’s leaving—alongside David Sandström, the company’s chief marketing officer of nearly a decade—in…

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Why the bond market is acting like it did before the Great Recession
NewsAugust 29, 20266 min read

Why the bond market is acting like it did before the Great Recession

Normally quiet, the bond market can occasionally send warning signals loud enough to hit stock markets worldwide and even grab the attention of U.S. presidents and other world leaders. Recommended Video After the bond…

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Target’s second straight comeback quarter boosted by nearly $1 billion Trump tariff refund
NewsAugust 29, 20265 min read

Target’s second straight comeback quarter boosted by nearly $1 billion Trump tariff refund

Target reported a second straight quarter of comparable sales gains on Wednesday, saying that a merchandising overhaul under the retailer’s new CEO attracted more customers and boosted sales both in stores and…

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Walmart’s sales growth falls to 6-year low as Middle American shoppers go on strike
NewsAugust 29, 20263 min read

Walmart’s sales growth falls to 6-year low as Middle American shoppers go on strike

Walmart experienced the slowest growth in U.S. comparable sales in six years during its most recent quarter and it offered a cautious outlook for the year, sending company shares down…

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You are paying for your favorite college athlete now: ‘the next stage of the arms race’
NewsAugust 29, 20265 min read

You are paying for your favorite college athlete now: ‘the next stage of the arms race’

Win or lose, the North Carolina Tar Heels already will be in elite company when they kick off the college football season against Texas Christian University in a game played…

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