‘Drop in the bucket’: Why Wall Street will shrug off Bessent’s bond market plans - Politico
The action by Treasury Secretary Scott Bessent comes amid a selloff of longer-term U.S. government debt.
State Farm customers are getting a historic $5B payout: Here’s who qualifies - Fox Business
State Farm is returning a record $5 billion to eligible auto customers nationwide, with payments rolling out in waves over several months.
OpenAI 'will be a public company in 2027' or sooner, CFO Friar tells employees - CNBC
In an all hands meeting, Friar told employees not worry about rival Anthropic's IPO timeline.
AI was supposed to win people over by now — it hasn’t - TechCrunch
As AI becomes harder to avoid, consumers are growing more wary of the technology — and Silicon Valley is discovering that widespread adoption doesn’t necessarily lead to acceptance.
Fed officials saw need for rate hike if inflation doesn't cool, minutes show - CNBC
The Federal Reserve on Wednesday released minutes from its July 28-29 policy meeting.
Scoop: Stripe says "the singularity" has begun - Axios
Stripe today sent a letter to investors, which was shared with Axios.
R.I.P Columbia House, the Music Club That Sold Pop Dreams for a Penny - Rolling Stone
For a generation, Columbia House's 12-albums-for-a-cent offers were a rite of passage and a crash course in grown-up capitalism.
Lowe's issues cautious outlook as CEO flags 'pressure' in DIY spending - Yahoo Finance
Lowe's posted its second quarter earnings report as the housing market remains under pressure.
From robot dogs to helpers, China puts robotics ambitions on display at world conference - AP News
China has kicked off the 2026 World Robot Conference in Beijing, showcasing its expanding robotics industry. Organizers say around 3,000 products will be featured during the five-day event. On Wednesday, Unitree's booth was a highlight, with robots boxing, da…