On Wire

A lawsuit filed this week alleges that the product is unconstitutional, and other experts warn it could violate securities laws. President Donald Trump’s media company has forged ahead with selling investors advance access to top Truth Social posts despite legal and ethical questions as it faces renewed scrutiny over its financial stability and relevance. President … Read more

OpenAI has replaced chief revenue officer Denise Dresser after just nine months on the job, tapping Wiz president and chief operating officer Dali Rajic to take on frontier lab’s top sales job. The move comes as part of a broader shake-up in the organization in the last month, which has seen the departures of COO … Read more

WASHINGTON — The Pacific-based aircraft carrier USS George Washington has begun heading toward the Middle East as reports have emerged of mental health and supply issues aboard the long-deployed USS Abraham Lincoln. The Lincoln has been supporting the U.S. war against Iran, and its deployment has included a record-setting uninterrupted time at sea of more … Read more

The U.S. will be applying economic measures “that have never been seen on Iran,” according to Treasury Secretary Scott Bessent. “It will be a combination of economic isolation like ‌the world has ​never seen before, ​and ​the continued blockade in ‌the Strait of ​Hormuz that will ​keep anything from going in or out of ​the … Read more

Fitch Ratings – New York – 13 Aug 2026: Fitch Ratings has affirmed the United States of America’s Long-Term Foreign- and Local Currency Issuer Default Ratings (IDRs) at ‘AA+’ with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. The United States’ ‘AA+’ rating is supported … Read more

Lala could bring high winds, heavy rain and big waves across the main islands over the weekend, starting the night of Aug. 14. Tropical Storm Lala is forecast to become a hurricane as it approaches the Big Island of Hawaii on Saturday, August 15, bringing with it as much as two feet of rain, according … Read more

Jeff Bezos: "We don't have a revenue problem in this country. We already have the most progressive tax system in the world.” “The Top 1% of taxpayers pay 40% of all taxes.” “The bottom 50% pay just 3%. We have a spending problem."pic.twitter.com/J9064Myhmi — Hedgeye (@Hedgeye) August 12, 2026

And the 33rd only kinda sorta muses about it on occasion, when prompted by a pollster. 🙂 — Tom Luongo (@TFL1728) August 13, 2026

Reddit shares rose 11% in extended trading on Thursday on the social media company’s inclusion in the S&P 500. The company will join the index on Aug 18, replacing AvalonBay Communities, according to a release from S&P Dow Jones Indices. Companies often see their stocks climb when they’re added to major indexes because fund managers who trace the benchmarks have to … Read more

Chatbots are doing the work of Congress with little oversight From writing speeches to sorting constituent mail, AI is spreading through Congress faster than the rules governing its use. The amendment was one of hundreds filed this summer to an annual defense bill making its way through Congress. Along with her proposed change, Rep. Anna … Read more

McDonald’s Taiwan today said it has halted sales of its limited edition Sea Flavor Fried Shrimp Burger and its double-patty version, after the importer notified the company last night that the shrimp patties contained nitrofurans — a group of synthetic antibiotics — and their metabolites. Sales of the shrimp burgers were suspended nationwide at 10:30am … Read more

Largest Foreign Holders of U.S. Treasuries 🚨 Japan sitting there at #1 with roughly $1.2 Trillion worth 👀 pic.twitter.com/lAw7XK4Yga — Barchart (@Barchart) August 12, 2026 BREAKING 🚨: Japan Japan's 2-Year Yield hits 1.64% for the first time since 1995 🤯 👀 pic.twitter.com/zrGGriyVNw — Barchart (@Barchart) August 12, 2026

https://t.co/7VimyxPmUO Bykov also damaged. pic.twitter.com/gidejGp9Bi — OSINTtechnical (@Osinttechnical) August 12, 2026 Ukraine's General Staff says that the overnight drone and missile attack on the Russian naval base at Novorossiysk damaged four Russian warships: the Admiral Grigorovich-class frigates Admiral Makarov and Admiral Essen, a Buyan-M-class corvette, and the Vasily Bykov. pic.twitter.com/3Vz5JaJH0D — OSINTtechnical (@Osinttechnical) August 12, … Read more

South Korean retail traders down bad byu/CMTTrader inwallstreetbets

H-1B visas should be SHUT down until the FRAUD is eradicated. We have a DOMESTIC workforce in need of JOBS. — Tom Massé™ (@essammot) August 11, 2026

meanwhile humans will put the least qualified person in charge and call it democracy — cici. (@strawmalibu) August 12, 2026