BREAKING: Fed Chair Kevin Warsh is reportedly prepared to support a rate hike in September

This article first appeared on GuruFocus. Federal Reserve Chair Kevin Warsh is reportedly prepared to raise interest rates in September if incoming inflation data runs hot, putting investors on notice that the central bank’s next move could be another increase rather than the cuts previously demanded by President Donald Trump. The prospect threatens rate-sensitive stocks, bonds and housing … Read more

Democrats want special tax (slush fund) on AI companies.

The AI Tax and Work Protection Act, championed by Reps. Greg Casar (Texas), Valerie Foushee (N.C.) and Sara Jacobs (Calif.), would impose a levy on AI developers to fund the program, which is dubbed the Work Protection Administration. The bill comes amid a growing push from progressive lawmakers on Capitol Hill to tax AI companies. Sen. Bernie Sanders (I-Vt.) introduced a similar bill in June, the … Read more

President Trump signs two executive orders related to stopping birth tourism and citizenship.

🚨 BREAKING: President Trump just signed two MAJOR executive orders DISQUALIFYING large amount of illegals from receiving birthright citizenship, using the Supreme Court's own ruling "That includes, for example, alien enemies of the United States, members of foreign terrorist… pic.twitter.com/HJVIl902ET — Nick Sortor (@nicksortor) August 6, 2026 President Trump signed two executive orders on August … Read more

They Want To Fully Humiliate Trump: Iran Just Released Their “Plan” For The Strait Of Hormuz, And It Guarantees More War

by Michael Everyone has been waiting to see what Iran’s plan for the Strait of Hormuz was going to look like, and now we know. President Trump and his team were hoping that the Iranians would agree to allow commercial vessels to freely travel through the Strait of Hormuz, but that was never going to … Read more

‘We Will HUNT Them Down’: Enraged Trump Vows to Catch ‘Treasonous Leakers’, US NOT In Hormuz Deal

Donald Trump is demanding jail for the ‘leakers’ who exposed his furious clash with Pete Hegseth over hidden missile shortages. Confronted over why the President was kept in the dark, the secretary of war reportedly turned on his own deputy, according to the Washington Post. The showdown reportedly unfolded at Camp David last Friday, where … Read more

AI just designed 16 working viruses capable of replicating inside cells.

JUST IN: Scientists warn of “urgent” biosecurity concerns after AI successfully designs 16 new viruses capable of replicating inside cells. — Polymarket (@Polymarket) August 6, 2026 Artificial Intelligence has been used to design brand new viruses that are fully functional and can replicate in the laboratory, say US researchers. It is the first time whole … Read more

Those That Were Considered To Be “Dirt Poor” In 1987 Would Be Considered To Be Very Wealthy In 2026

by Michael Americans are facing the longest and most painful affordability crisis in our entire history, and young people are being hit the hardest. For many Americans under the age of 40, homeownership is just a dream that will probably never come true. At this point, only workers that make at least six figures can … Read more

The BoJ and U.S. Fed Just Made Gold Obvious

via Matthew Piepenburg Between the market’s reaction to Warsh’s recent no-rate-hike announcement and the current disaster unfolding with the Japanese yen, the set-up for near-term “Uh-Oh” in stocks and bonds in general–and the longer-term wisdom in precious metals in particular– couldn’t be more obvious. Stick to the Essential Antoine de St. Exupery famously (and wisely) … Read more

Google DeepMind CEO and four other AI leaders step down

(Barrons) August 5 – Alphabet shares dropped on Wednesday after the company announced a big shakeup at its artificial-intelligence division. Demis Hassabis, who shared the Nobel Prize with Jumper, was the CEO of Google’s DeepMind AI lab, and he will step back to become DeepMind’s chairman and Alphabet Chief Scientist. Koray Kavukcuoglu will replace him, … Read more

Rogue AI agents teaming up with other rogue AI agents — ‘We did not expect this.’ Teaching each other how to get better at hacking.

In a talk that was a last-minute addition to the Black Hat security conference in Las Vegas on Wednesday, employees from OpenAI presented new details about a recent, high-profile incident of rogue AI hacking that has created a maelstrom within the AI and cybersecurity industries. About two weeks ago, OpenAI disclosed an incident in which … Read more