Wall Street has spent this year waiting for prices to calm down. The thinking was simple. The war with Iran pushed oil up in February; the shock would wear off, and the Fed would go back to cutting rates. One of the banks that sold that idea has changed its mind…
Wall Street indexes slip as oil prices rise, retail results awaited
Stocks mixed, dollar falls on Fed rate bets, yields rise
Image Credits:Relay / Founder and CEO Jacob Bank 2:27 PM PDT · August 17, 2026 Relay, an AI-powered workflow automation tool that was launched in 2021 with the goal of becoming the new Zapier, is shutting down, and some of its staff — including its top executive — are joining Google’s Chrome team. Jacob Bank,…
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There is a point where money stops compounding and starts collecting. Past a certain size, the marginal dollar cannot buy a better return. It can only buy things that were never for sale. Sports franchises sit at the very top of that list. There are 20 Premier League clubs in any given season…
Stripe has finalized a deal to acquire OpenRouter, according to a new report in Bloomberg. OpenRouter helps customers to select different AI models to perform different tasks, depending on their specific needs and budget. The company announced in May that it had raised a $113 million Series B, at a reported $1.3 billion valuation. (Investors…
Iran disputes Qatar, Kuwait accounts as U.S. war commander visits carrier
Central bank market backstops risk fuelling leverage and future crises
PayPal is still reportedly negotiating a potential sale to Stripe and private equity firm Advent, as the fintech firm’s new CEO attempts to turn the company around…
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