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Musk Super PAC Spends $800,000-Plus on Republicans in Close Midterm Races

Elon Musk has spent more than $800,000 in recent days on over a dozen key congressional races through his super PAC, funding direct-mail and other campaign materials for Republican candidates facing close contests in the midterm elections. Musk's political action committee, America PAC, which …

Nitish Kishor | 04 September 2026

Will Trump's Mail-In Ballot Restrictions Be in Place for the Midterms?

The Trump administration asked the US Supreme Court to allow it to enforce a new US Postal Service rule tightening the use of mail-in ballots, leaving states in limbo over whether they will be required to implement it for the November 3 midterm elections. …

Nitish Kishor | 04 September 2026

Tesla Starts Cybercab Rides in Austin, Drawing US Safety Agency Scrutiny

Tesla said it was offering rides in "limited areas of Austin, Texas" in its two-seater Cybercab, a vehicle without a steering wheel or pedals, with the National Highway Traffic Safety Administration responding that it was evaluating the effort. Chief executive Elon Musk has said …

Nitish Kishor | 04 September 2026

Yen's Changing Fortunes Might Finally Be Spooking the Bears

Six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the yen, as a combination of factors finally pushes traders who have spent years betting against the Japanese currency to reconsider their positions. WhileCentral Bankrate hikes and …

Nitish Kishor | 04 September 2026

Citigroup Delays Fed Rate-Cut Forecast to 2027 After Strong US Jobs Report

Citigroup on Friday pushed back its forecast for the Federal Reserve's next interest-rate cut to June 2027 after a stronger-than-expected US jobs report reinforced views that the labor market remains resilient and reduced the need for near-term monetary easing. The brokerage now expects 25-basis-point …

Nitish Kishor | 04 September 2026

World Food Prices Hit Highest Level Since 2022 as Supply Risks Mount

World food prices rose in August to their highest level since late 2022, as adverse weather and war disruption in the Black Sea heightened concern over theSupplyof staple commodities, theUnited NationsFood and Agriculture Organization said Friday. Extreme heat and drought in Europe, the threat …

Nitish Kishor | 04 September 2026

THC Drinks Face Uncertain Future as Congress Delays Federal Hemp Ban Again

THC-infused drinks are booming, but a looming federal crackdown continues to threaten the industry's future. Congress this week once again pushed off a federal crackdown on hemp-derived THC products, which companies have sold for years through an existing legal loophole even though recreational cannabis …

Nitish Kishor | 04 September 2026

Nvidia's Equity Investments Soar to $99 Billion as Chip Giant Becomes Major AI Backer

Nvidia has become one of the world's largest corporate backers of technology companies, with the value of its equity investments soaring more than tenfold over the past year to $99 billion, as the chip giant increasingly leverages its largeCapitalreserves to support the AI sector. …

Nitish Kishor | 04 September 2026

US Diesel Prices Hit Record $5.85 a Gallon as Iran War Disrupts Global Supply

US diesel prices climbed to an all-time high of $5.85 a gallon on Friday, according to the American Automobile Association, eclipsing the previous record set in the aftermath of Russia's full-scale invasion of Ukraine in 2022. The surge comes as disruption to Middle Eastern …

Nitish Kishor | 04 September 2026

OpenAI Claims New Astra Model Overtakes Anthropic, Stirs Fresh AGI Debate

OpenAI released its latest AI model on Thursday, describing GPT-6 Astra as the world's most intelligent AI system as the ChatGPT maker aims to retake the technical lead from rival Anthropic ahead of a planned public listing. The company, valued at $852 billion, said …

Nitish Kishor | 04 September 2026
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