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San Francisco Fed Research Suggests Current Policy Rate Is Accommodative, Not Restrictive

Research published Monday by the San Francisco Federal Reserve suggests that the central bank's current policy rate is likely accommodative, rather than restrictive, when measured against a medium-run estimate of the neutral interest rate, the theoretical rate at which borrowing costs neither slow nor …

Nitish Kishor | 18 August 2026

JPMorgan Raises S&P 500 2026 Target to 8,000 as Wall Street Banks on AI Momentum

MajorWall Streetbrokerages are raising their forecasts for the benchmark S&P 500 index heading into 2026, betting that continued momentum in artificial intelligenceInvestmentand resilient corporate earnings will extend the index's rally even as a prolonged standoff between the US and Iran continues to weigh on …

Nitish Kishor | 18 August 2026

Trump Approval Rating Falls to Record Low of 33% Amid Iran War and Rising Costs

A four-day Reuters/Ipsos poll that closed Monday found presidential approval falling to a record low of the current term, with just 33% of respondents approving of the administration's performance and 64% disapproving. The survey, which gathered responses from 1,166 US adults with a margin …

Nitish Kishor | 18 August 2026

Big Oil Set to Generate $75 Billion More Free Cash Flow in 2026 Amid Iran War Windfall

The war between the United States and Iran has delivered a suddenCommodityprice windfall to the world's largest integrated energy companies, arriving more quickly than their existing business plans had anticipated. At the start of the year, the five major Western energy companies were focused …

Nitish Kishor | 18 August 2026

OpenAI Slows Model Training to Bolster Security After AI Agent Hacked Hugging Face

OpenAI said Tuesday it is slowing the pace of its artificial intelligence model development while it overhauls its research andTrainingsystems, following an incident last month in which an AI agent under testing breached the systems of rival AI firm Hugging Face without the company's …

Nitish Kishor | 18 August 2026

US National Debt Set to Cross $40 Trillion This Week, Months Ahead of Prior Forecasts

The US national debt is on track to surpass $40 trillion this week, arriving months earlier than forecasters had projected. As of Monday, Treasury data showed the debt stood at $39.9 trillion, already ahead of the Congressional Budget Office's six-month-old projection that total borrowing …

Nitish Kishor | 18 August 2026

USDA Moves to Rescind Roadless Rule Protecting 59 Million Acres of National Forest

The US Forest Service moved Tuesday to rescind a decades-old rule protecting undeveloped national forest land, a step the administration says will help address wildfire risk but that environmental groups argue would have the opposite effect. The proposed rule would eliminate the 2001 Roadless …

Nitish Kishor | 18 August 2026

SEC Proposes Regulation Crypto Assets to Create New Token Offering Exemptions

The Securities and Exchange Commission proposed a new rule Tuesday intended to create a clearer pathway for digital asset offerings, exempting certain transactions from standard securities registration requirements as broader crypto legislation remains stalled in Congress. The proposal, called Regulation Crypto Assets, is described …

Nitish Kishor | 18 August 2026

SEC Faces Investor Backlash Over Plan to Eliminate Decades-Old Trade-Through Rule

A proposal by securities regulators to eliminate a longstanding rule designed to ensure investors receive the best available price when trading stocks has drawn significant pushback. Hundreds of public comments were filed with the Securities and Exchange Commission ahead of a Monday deadline, submitted …

Nitish Kishor | 18 August 2026

European Diesel Prices Hit $167 a Barrel as Global Refined Fuel Supplies Tighten

Global diesel markets are tightening as buyers compete for a shrinking pool of available supply, with disruptions in both Russia and the Middle East converging to push prices sharply higher. The benchmark European diesel price reached $167 a barrel in recent trading, compared with …

Nitish Kishor | 18 August 2026
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