United States · Business
Same event, multiple sources, transparently cited.
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Ship traffic through Strait of Hormuz falls to monthly low amid US-Iran conflict
Ship traffic through the Strait of Hormuz dropped to around 8 vessels on August 11, its lowest for the month amid ongoing hostilities.
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US stocks rise on August 12 led by AI earnings and steady inflation data
US stock markets gained on August 12, boosted by strong AI earnings and inflation figures aligning with expectations.
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Trump Confirms Single Recent Call with Fed Chair Kevin Warsh, Denies Frequent Talks
President Trump said on August 10 he spoke only once recently with Federal Reserve Chair Kevin Warsh, denying reports of frequent discussions since May 2026.
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Wall Street closes lower on August 10 as Strait of Hormuz deal hopes fade and oil prices rise
Wall Street's major indices fell on August 10 amid fading hopes for a Strait of Hormuz deal and mixed corporate earnings news.
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Wall Street opens mixed amid easing US inflation, lower oil, and Middle East tensions
Wall Street opened mixed on August 14 after a strong session driven by falling oil and softer US inflation data, as investors weighed retail sales and geopolitical risks.
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South Korean Parents Nearly Triple Infant Investment Accounts to 15,000 by June 2026
South Korean brokerage accounts for infants under one year old nearly tripled to 15,000 amid rising interest in long-term stock investing for children.
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US credit card debt rises to $1.26 trillion in Q2 2026, nearing record high
US credit card debt increased by $21 billion to $1.26 trillion in Q2 2026, close to last year's record high of $1.28 trillion.
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International oil prices fall over 2% amid weak demand outlook and US crude inventory build
Oil prices dropped more than 2% on August 13, pressured by weak global demand forecasts and a sharp rise in US crude inventories.
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Elon Musk's 2025 Tesla pay was $158.3 billion, 2.5 million times median worker pay
Elon Musk earned $158.3 billion in 2025 at Tesla, creating a record CEO-to-worker pay gap of 5,387 to 1 in the S&P 500.
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US inflation cools in July, easing pressure on Fed rate hikes and lifting global markets
US inflation data showed slower wholesale and modest consumer price rises in July, prompting market gains and lower Fed rate hike odds.
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Trump imposes tariffs up to 100% on imported drones and components over security concerns
US President Donald Trump signed tariffs on imported drones and parts, effective September 3, to boost domestic production and limit reliance on foreign supply chains.
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US July Producer Price Index Rises 4.7%, Below Expectations, Stocks React to Data
US July Producer Price Index rose 4.7% year-on-year, below forecasts, prompting mixed stock market moves amid easing Fed hike fears and weak retail data.
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US Court of International Trade Upholds Trump's Ending of Small Parcel Tariff Exemption
The US Court of International Trade ruled on August 13 that President Trump lawfully ended the de minimis tariff exemption for parcels under $800.
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Minneapolis Fed President Kashkari urges gradual rate hikes to curb US inflation
Neel Kashkari called for starting gradual interest rate increases now to lower US inflation, dissenting against holding rates steady in August 2026.
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New Jersey Sues Amazon for Antitrust Violations Over Delivery Contractors
New Jersey Attorney General sued Amazon on August 4, alleging abuse of buyer power over delivery contractors to suppress competition and harm workers.
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Palantir reports 93% revenue jump as AI sovereign tools fuel growth, shares soar
Palantir reported Q2 revenue of $1.9 billion, up 93% year-over-year, driven by AI sovereign tools, sending shares up to 30% on August 4, 2026.
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Bayer, BP, Evonik, McDonald’s and Saudi Aramco report Q2 2026 earnings beating expectations
Bayer, BP, Evonik, McDonald’s and Saudi Aramco posted strong Q2 2026 results with some cautious outlooks and leadership changes.
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US and Japan Jointly Intervene to Support Yen Using FIMA Repo Facility
The US and Japan coordinated last week to stabilize the yen, using a US Treasury dollar loan backed by bonds and avoiding direct Treasury bond sales.
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Trump urges Chevron, oil firms to cut US gas prices, criticizes Chevron CEO
President Trump demanded Chevron and other oil companies lower US retail gasoline prices amid rising costs and credited his administration for industry gains.
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Visa to acquire Israeli fraud detection firm BioCatch for $2.4 billion
Visa announced plans to buy cybersecurity startup BioCatch for $2.4 billion to boost fraud prevention amid rising AI-driven scams.
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US FCC bans imports of foreign advanced humanoid robots over security concerns
The US Federal Communications Commission banned imports of advanced foreign humanoid robots on July 27, citing national security and supply chain risks.
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Trump Media launches Truth API charging up to $100,000/month for early access to posts
Trump Media on August 1 launched the Truth API, offering institutional clients early access to Trump Social posts for up to $100,000 monthly, raising insider trading concerns.
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Japan and U.S. intervene to support yen amid sharp depreciation in late July
Japan and the U.S. jointly intervened in late July to halt the yen’s sharp decline against the dollar, pushing the currency to a two-year high.
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Amazon AWS posts fastest growth in 18 quarters, hikes 2026 spending forecast
Amazon reported 37% year-over-year AWS revenue growth in Q2 2026 and raised its capital expenditure forecast to $220 billion.