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Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury
NewsSeptember 14, 20264 min read

Wall Street used to worry that too much U.S. debt would crowd out the private sector. But AI hyperscalers are ‘reverse crowding’ the Treasury

Among the many potential downsides for letting the national debt get too high was that the federal government would suck up so much capital that businesses wouldn’t be left with…

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New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests
NewsSeptember 14, 20264 min read

New U.S. sanctions will hit ordinary Iranians hard. That may be the whole point as the crashing economy stirs fresh protests

Treasury Secretary Scott Bessent laid out plans for an “economic D-Day” against Iran on Monday,  seeking to further isolate the regime from the rest of the world. Recommended Video The…

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Current price of Bitcoin for August 27, 2026
NewsSeptember 14, 20268 min read

Current price of Bitcoin for August 27, 2026

At 7:15 a.m. Eastern Time, the going rate for one Bitcoin (BTC) is $79,707.18. That’s $961.23 higher than yesterday morning’s level and about $31,560 below where it stood a year…

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Current price of oil as of August 27, 2026
NewsSeptember 14, 20266 min read

Current price of oil as of August 27, 2026

By 7:15 a.m. Eastern Time, oil had reached $89.68 per barrel, measured using the Brent benchmark. That’s $2.27 more than it cost yesterday morning and about $21.90 above its price…

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Who pays for a shadow fleet oil spill? No one
NewsSeptember 13, 20266 min read

Who pays for a shadow fleet oil spill? No one

In March, I wrote in Fortune that the shadow fleet exists because the rules of the sea are fundamentally voluntary. Ships can opt out. They can switch off transponders, fly…

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Current price of Ethereum for August 28, 2026
NewsSeptember 13, 20269 min read

Current price of Ethereum for August 28, 2026

At 6:30 a.m. Eastern Time on August 28, 2026, the price of Ethereum (1 ETH) is $2,485.37. That represents a $22.93 drop from yesterday and roughly a $2,027 decrease compared…

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Current price of oil as of August 28, 2026
NewsSeptember 13, 20266 min read

Current price of oil as of August 28, 2026

At 6:30 a.m. Eastern Time on August 28, 2026, oil was priced at $90.55 per barrel with Brent serving as the benchmark (we’ll explain different benchmarks later in this article).…

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‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China
NewsSeptember 13, 20267 min read

‘I don’t have to announce everything, do I?’ Trump bristles at questions over blocked Hormuz, sanction-free China

President Donald Trump arrives at an awkward moment for his presidency on Friday as the U.S.-Israel war against Iran reaches the six-month mark, a notable milestone for a conflict that the Republican leader repeatedly assured Americans…

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Trump looks at Republican midterm hopes and has a message for voters: ‘Pretend, please, that I’m on the ballot’
NewsSeptember 13, 20269 min read

Trump looks at Republican midterm hopes and has a message for voters: ‘Pretend, please, that I’m on the ballot’

“AIR FORCE VETERAN. SMALL BUSINESSMAN. TRUMP CONSERVATIVE.” Recommended Video The all-caps headline on Texas Republican congressional candidate Carlos De La Cruz’s website used to align him with President Donald Trump.…

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Former CFTC Commissioner: Wall Street has used these financial contracts for decades. Now a goat herder does too
NewsSeptember 13, 20265 min read

Former CFTC Commissioner: Wall Street has used these financial contracts for decades. Now a goat herder does too

A goat herder in Northern California just did something more typical of a Wall Street investment bank – hedge risk with derivatives. Tim Arrowsmith’s labor costs were about to more…

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