The caverns that hold the U.S. strategic oil reserves could get damaged by the rapid release of stockpiles in response to the Iran war, experts warned this week as inventories hit a four-decade low. Damage to the caverns would make it more difficult to respond to future energy emergencies, the experts said. The oil in…
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks after the company’s initial public offering at the Nasdaq MarketSite in New York on May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras Systems raised its full-year guidance in the second earnings report following the chipmaker’s initial public offering in May. But the stock…
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August 20, 2026 Federal Reserve Board issues enforcement actions with former employee of Regions Bank and former employee of United Community Bank For release at 11:00 a.m. EDT
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Silicon Valley admits AI may be a bubble, they just want to believe it is the right kind of bubble. But, when Meta reported it was selling excess AI capacity, it wiped $200bn off AI stocks in a day. But, what has really worried the likes of Anthropic and OpenAi is the arrival of cheaper…
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Longer Reads
Aug 21, 2026
Yoon Young-kwan
North Korea’s communist regime has long functioned as a faith, repurposing Christian doctrine and imagery to deify its founder, Kim Il-sung, and his descendants. A new book traces how those religious influences…