Archaeologists found a 476,000-year-old wooden structure. No one knows who built it.

“[We found] two interlocking logs joined transversely by an intentionally cut notch,” Barham and his colleagues wrote in a 2023 study published in Nature. “This construction has no known parallels in the African or Eurasian Palaeolithic.” Older worked wood does exist, with the earliest known example being a fragment of polished plank from the Acheulean site … Read more

GOLDMAN: CTAs could dump $185 billion of stocks this month if prices keep falling

GOLDMAN SAYS $185 BILLION OF FORCED SELLING COULD HIT GLOBAL STOCKS THIS MONTH CTAs are funds that trade on price signals alone. Their programs buy when prices hold above set levels and sell when prices fall below them, regardless of earnings or news. Goldman’s current estimates: – $7.5 billion of global selling next week under … Read more

BILL MAHER: “Poor Spain, at the same time, they’re having horrible fires. Spain is the new California.”

BILL MAHER: “Did you see what happened in Spain yesterday? 60,000 people in one day bum-rushed the border!” “Poor Spain, at the same time, they’re having horrible fires. Spain is the new California.” [Audience laughs] MAHER: “No, it is! The northern part is on fire, the… pic.twitter.com/fYv4G2vPDQ — The Vigilant Fox 🦊 (@VigilantFox) August 1, … Read more

If you own Microsoft, Oracle, Nvidia, and SoftBank, congrats. You basically own four different ways to bet on OpenAI.

OPENAI IS GOING TO TAKE THIS ENTIRE MARKET DOWN WITH IT And you don’t have to own a single share to get hurt. What I’m about to explain should worry anybody who thinks they’re diversified: OpenAI is a LOAD-BEARING company. Pull it out and the whole structure comes down. They spent $17.2 billion on Microsoft … Read more

The dirty secret behind the EV revolution

I came across a post from someone who spent 30 years in the auto industry, and it got me thinking. The public conversation about EVs almost always starts at the dealership. It almost never starts at the mine. One claim that caught my attention was this. Some life cycle estimates suggest an EV doesn’t offset … Read more

When banks chase paper this hard to win the next IPO mandate, you are late in the cycle.

Wall Street is lending cash against stock that cannot be sold. JPMorgan’s private-bank loan demand jumped tenfold in months. Goldman’s San Francisco loan balances are up 50% since 2023. Banks are writing share-pledge loans against pre-IPO AI paper, some as small as $150 million. That is leverage stacked on valuations nobody can mark. 2021-vintage startups … Read more

Mideast and Europe fights start overlapping

They cannot even keep the water pumps safe but still talk about winning the big war. At least seven states reported cyberattacks on water and wastewater systems this week. Minnesota hit first with more than 30 systems. Michigan and others followed. Hackers targeted internet-connected controllers that run pumps and treatment. Some systems lost pressure. Flooding … Read more

Can social media still grow when AI is replacing search, creators, and advertising?

Snap’s earnings this week may end up answering a much bigger question than whether the company beat estimates. Can social media still grow when AI is changing the way people search, create content, and discover information? For more than a decade, the formula was simple. Get more users. Keep them scrolling longer. Sell more ads. … Read more

GOP backs Morocco claim language on Spanish cities then screams about the migrant invasion

Link to the committee report for this bill containing the favorable language for Morocco with respect to the territory controlled by Spain:https://t.co/SIcFaQYkIK pic.twitter.com/gFuy1nWo9X — Thomas Massie (@RepThomasMassie) August 1, 2026 Massie posts that two weeks ago House passed bill greenlighting Spanish territory transfer to Morocco. Every Republican except him voted yes. Now same people act … Read more

Real wages dropped 0.4% and 30 year yields hit the highest since 2007 while parents face $900 back to school bills

Private sector labor costs rose 0.9 percent in second quarter 2026. Slightly higher than the 0.8 percent Wall Street expected. Yearly wage growth slowed to 3.1 percent for private sector, smallest since early 2021. Real wages after inflation dropped 0.3 to 0.4 percent. Wall Street still freaks out when regular workers get paid more. US … Read more