RK Mellon Foundation pledges $25M to launch rare disease therapy hub in Pittsburgh - Pittsburgh Post-Gazette
False
Live updates: Strait of Hormuz traffic remains low as world rapidly burns through oil stockpiles - CNN
Meanwhile, an Iranian military adviser says Tehran could “prolong” war with the US until Trump is out of office. Follow for the latest news updates.
Nebius Stock Soars 28% as Revenue Beat Bolsters AI Rally. Michael Burry May Be Helping. - Barron's
Nebius stock surges after second-quarter numbers from the AI cloud infrastructure company beat expectations. Short pressure may be helping, too.
Home Depot CEO takes medical leave of absence - Fox Business
Home Depot said it expects President and CEO Ted Decker to return within the next few months as senior leaders take on temporary responsibilities.
Trump sued over Truth Social's $100,000 early access service - BBC
The suit challenges Truth Social plan selling early access to Trump's market-moving posts.
SpaceX Shares Jump as Musk Targets $500 Billion AI Revenue - finance.yahoo.com
SpaceX Makes a Bold AI Push: Musk Sees $500 Billion Revenue Opportunity
LA Lakers Owner Walter Seeks Cash to Pay Down Loans Amid DOJ Probe - Bloomberg.com
Billionaire Mark Walter’s firm is in talks with investors to raise money to help pay down loans on the books of its insurers that had drawn scrutiny from the Justice Department, according to people familiar with the matter.
Projected 2027 Social Security COLA adjusted slightly after new inflation report - The Hill
The formal COLA isn't expected for a couple of months, but projections say it could be one of the largest in years.
Gas prices have never been this high in mid-August - finance.yahoo.com
Gas prices are sitting at a record high for this time of year, hovering above $4 per gallon.