Current price of gold as of August 26, 2026
At 8:55 a.m. Eastern Time on Aug. 26, gold was valued at $4,615 per ounce. That’s a $15 downtick from the same time yesterday and a $1,243 gain over the…
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Bill Gates wants to tax robots to deter businesses from replacing humans with machines
Workers are concerned that they’ll lose their jobs to AI—and Bill Gates thinks they are right to worry. He has identified a loophole which may be incentivizing businesses to shift…
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Saudi brothers mint billion-dollar fortune from AI boom
Two Saudi brothers have amassed a fortune of about $1.4 billion as the technology company they control rides the kingdom’s multibillion-dollar push to build artificial intelligence infrastructure. Recommended Video Al…
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Scott Bessent, Stanley Druckenmiller and a hedge-fund legend hoist on his own petard
A Shakespearean saga is playing out between the White House, Treasury Department, the Federal Reserve and Wall Street—and Scott Bessent, to paraphrase Shakespeare, is being hoist on his own hedge-fund…
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Dubai airport traffic plunged 31% as the Iran war sent travelers looking for routes outside the Middle East
Dubai International Airport, one of the world’s busiest hubs, said Wednesday it saw a sharp drop in passengers during the second quarter as the Iran war disrupted air travel and prompted many…
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The $40 trillion national debt and the bond market’s revolt: top Wall Street strategists explain how we got into this mess
Total U.S. debt crossed $40 trillion for the first time this month. In the week since, two of Wall Street’s most closely read economists independently arrived at the same diagnosis:…
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Baby boomers are collecting 265% of what they paid into Social Security—and millennials are paying the price
I’m 43 years old, and like other members of my millennial generation, I’m not sure I’ll ever get Social Security benefits. It’s not top of mind for me right now,…
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How much is business insurance? Average costs explained
With the obvious caveat that every business is a little bit unique, the average business can expect to pay at least a couple hundred dollars per month for an insurance…
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How David Tisch’s BoxGroup turned a $750K bet on Cursor into a $1 billion exit by breaking all the VC rules
Decades before David Tisch began investing in startups, he was wheeling and dealing sports cards as an 11-year-old kid in the suburbs of New York. Recommended Video “I’ve been a…
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How IHH Healthcare CEO Prem Kumar Nair is planning for a longer-lived Asia
“There’s no point in living longer if you’re not healthy.” Recommended Video So says Prem Kumar Nair, CEO of Asia’s largest private health group, IHH Healthcare, as he grapples with…
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