International Business Times

Traders work on the floor of the NYSE in New York

Chipmakers' Decline Outweigh Fed Official's Remarks Against Hiking Rates More Than Once. Stocks Edged Down.

ChangXin Memory Technologies (CXMT), China's leading memory chip manufacturer, announced progress on a memory chip design that could challenge some of the industry's biggest players.

China's CXMT Sparked a Global Chip Stock Rout. Why Samsung, Micron and SK Hynix Are Tumbling.
Anthropic's $2 Trillion Valuation Is on the Line: New Revenue Figures Could Reshape the AI Trade.
The AI Boom is Fueling the Global Economy but the IMF Warns of a Bumpy Road Ahead

Iranian Elite Guard 'Almost Certainly' Behind Foiled Attack Against RAF Fairford Base, British PM Says
"We will not tolerate these threats on our soil," Andy Burnham said.
Wars Around The World Show No Signs Of Abating. OPEC Cut Its Oil Demand Growth Forecast Further.
The organization now expects it to reach 400,000 barrels per day, compared to 1.4 million barrels per day at the beginning of the year.
JPMorgan's Profit Climbs To $15.3 Billion, But Wall Street Expected More. Its Stock Is Up Anyway.
CEO Jamie Dimon said the U.S. economy remains resilient, supported by consumer spending and business investment, despite persistent economic risks.
A Ship Was Sunk Off The Bulgarian Coast. Sofia Summoned The Russian Ambassador.
The Bulgarian government did not explicitly accuse Moscow of being behind the attack, but Prime Minister Rumen Radev said the development "benefits the Russian Federation".
China's CXMT Sparked A Global Chip Stock Rout. Why Samsung, Micron And SK Hynix Are Tumbling.
The company rattled investors with news of a technological advance that could allow it to produce more efficient memory chips capable of storing greater amounts of data in smaller spaces.
Anthropic's $2 Trillion Valuation Is On The Line: New Revenue Figures Could Reshape The AI Trade.
Anthropic plans to present its third-quarter financial results to institutional investors on Wednesday.

Iran Reportedly Weighing Escalation Options With U.S. War. One Involves Sending Troops To Neighboring Countries.

Tehran has also warned countries in the region that it will expand its actions if full-fledged hostilities resume.

Press Release

Economy in Focus

Wall Street Is Trading Near Record Highs. The Richest 1% Own More Than Half Of America's Stock Wealth.
As major U.S. banks prepare to report quarterly earnings, fresh attention is falling on who owns the financial assets benefiting from Wall Street's rally.
- S&P 500 Profits Set To Surge More Than 30% In Q3 With AI Giants Dominating Growth
- SpaceX Could Borrow $40 Billion For Nvidia Chips As Musk Makes A Massive New Bet On AI. Its Stock Fell.
Americans Were Asked What They'd Do With An Extra Month's Income. Nearly Half Would Spend None Of It.
The highest-earning 1% would save 78% of a hypothetical windfall, while lower-income households devote a larger share of spending to essentials.
- Social Security Checks Could Get A Bigger Boost In 2027. Here's How Much More Retirees May Receive.
- A Higher Income Could Put Health Subsidies at Risk Next Year, New Data Shows

Bitcoin Drops Below $84,000 As Nearly $500 Million In Long Bets Get Wiped Out.

The digital asset briefly fell to around $83,500 as a sharp market pullback hit leveraged traders across major cryptocurrencies.

Contributor

Dominican Republic Security Data Under President Abinader: How to Read the Latest Indicators

Dominican Republic homicide rates fell to 7.37 per 100,000 people through August 14, 2026, as President Luis Abinader's administration strengthens crime data validation and security monitoring.

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From a College Dorm Room to Nutrition Club Entrepreneurship: Trey Herron's Business Journey
Trey Herron and his wife, Mamie, help entrepreneurs build independently owned Nutrition Clubs through mentorship, business training and a community-focused approach to entrepreneurship.
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Rising Tariffs and a Declining U.S. Mean Canada Must Diversify Its Partnerships
Canada must reduce its dependence on the U.S. amid escalating trade tensions by diversifying global partnerships with India, China, Southeast Asia, Europe and emerging markets.