Guggenheim loan trades in distressed territory after investor call

Chief executive Mark Walter’s business empire has come under pressure amid probe into his insurance holdings

Scott Bessent on the national debt: 'There's nothing magic about the $40 trillion number'

The U.S. national debt crossed $40 trillion for the first time this week, but Treasury Secretary Scott Bessent wants Americans—and markets—to shrug it off.

Gen Z forced to rewrite the American Dream in the 'Great Postponement': Fixer-uppers, side hustles and doing life out of order

The American Dream has typically looked something like this: A steady job, a shiny new set of keys to a first home, marriage, two kids (and maybe a dog), all while building wealth along the way. For generations, that’s been the familiar “white-picket fence” picture of making it in America.

Facing weary customers, Walmart will use its nearly $3 billion in tariff refunds to lower prices

Walmart spent much of the past year warning that Trump’s now struck-down Liberation Day tariffs would raise prices on store shelves. Now, nearly $3 billion of that money is coming back to the retail giant, and it plans to use the windfall to lower prices as consumers feel the pain in their pockets.

Mark Cuban said 'only idiot' founders would stay in California under a wealth tax. We asked 3 founders if they'd leave.

Mark Cuban says startup founders will flee California if the wealth tax passes in November. Business Insider put Cuban's theory to the test.

US long-term bonds slide as Treasury secretary Bessent’s intervention fails to soothe investors

Yield on 30-year Treasuries rises despite move to ‘at least double’ purchases of securities

Donald Trump announces fresh ‘economic warfare’ on Iran

UAE, long a crucial trading hub for Tehran, has also suspended commercial ties

Alibaba quarterly profit drops 75% as AI investment spending grows

HONG KONG — China’s technology giant Alibaba on Thursday reported a 75% drop in profit for the latest quarter as it invested big in artificial intelligence infrastructure, even as revenue coming from its AI-related services gained 45%.

The Great Climate Change Champagne Race, as Grape Ripening Shrinks from 100 to 80 Days: 'We’ve Never Seen Anything Like It'

Champagne producers are racing to pick their grapes as the region’s earliest harvest on record gets underway, after extreme heat and drought accelerated ripening, leaving growers a narrow window to preserve the quality of the region’s world-famous sparkling wine.

Europe, the Secret Outperformer

Its cash generation, broader earnings and lower tech concentration deserve more respect

Memory chipmaker SK Hynix's mega buyback

South Korea's stock market has become the epicenter for global AI-related volatility. SK Hynix is a key driver.

Current price of oil as of Aug. 20, 2026

By 6:15 a.m. Eastern Time on August 20, 2026, oil had reached $95.40 per barrel, measured using the Brent benchmark. That’s $1.80 more than it cost yesterday morning and $28.19 above its price a year earlier.