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Credit card balances are on the rise as of mid-2026, according to a new quarterly report on household debt from the Federal Reserve Bank of New York released Tuesday. Balances rose by $21 billion in the second quarter to a collective $1.26 trillion — nearing last year's all-time

Off the Wire Press Releases SALT LAKE CITY, Aug. 11, 2026 — Utah Gov. Spencer J. Cox has signed an executive order establishing the Utah Quantum Initiative, a statewide effort to accelerate research, commercialization, workforce development and advanced manufacturing in quantum t

President Donald Trump on Tuesday decried New York City's pied-à-terre tax and said he is exploring whether the federal government "has any legal right to avert this disaster, before it is too late." The tax on nonprimary residences of wealthy owners "doesn't work in America, and

Computing power is emerging as a new tradable asset class, with CME Group set to launch the first futures contracts tied to the cost of running the chips that power artificial intelligence. The exchange is partnering with Silicon Data to introduce two compute futures contracts on

Progressives and moderates will face off again in Tuesday's Democratic primary elections in Wisconsin and Minnesota as the party decides whether to lurch further to the left or chart toward the middle after crushing losses to Republicans in 2024. Populist progressives in recent m

Although shredded iceberg lettuce at Taco Bell restaurants has been a prime suspect in an explosive outbreak of the diarrheal parasite Cyclospora, a new report from the Food and Drug Administration finally reveals where all the contaminated lettuce was sold—and only a sliver of i

Brad Lightcap, OpenAI’s special projects lead and the company’s former COO, announced his departure after an eight-year stint at the AI lab. In an internal memo he later posted to X, Lightcap told colleagues he’d be starting “something new.” Another OpenAI executive takes off Bra

Ramsay-Peaty fifth in European Championships 100m final - Published Adam Ramsay-Peaty was beaten for the first time at a European Aquatics Championships as he finished fifth in the 100m breaststroke final in Paris. The 31-year-old, who has 16 European Championships golds, had pre

Decentralized social network Bluesky was one of the bigger beneficiaries of the exodus from Elon Musk’s X in November 2024, following the U.S. elections. But now, nearly two years later, the social network and would-be X competitor is struggling to hold on to its momentum. Accord

Forget the European summer lull: Startups can’t afford to stay still, and Brussels is following suit. In the middle of peak vacation time, the European Commission announced that the Scaleup Europe Fund was fully operational, with investments “expected in the coming weeks.” But it

Brad Lightcap, one of the longest-serving executives at OpenAI, is leaving the powerful AI lab to “start something new.” In an internal message that Lightcap shared online Tuesday, the outgoing executive told OpenAI staff that it was “bittersweet to share that I’ll be moving on f

River AI, an AI startup founded by xAI co-founder Igor Babuschkin, has secured $1.1 billion in funding in a seed/Series A round led by General Catalyst and AMP PBC, with participation from Nvidia, AMD Ventures, Y Combinator, and Temasek. (AMP PBC is an AI-focused investment firm

Off the Wire Press Releases Broad DDR5, LPDDR5 and LPDDR5X-compatible memory support gives developers more bandwidth, greater flexibility and improved supply resilience SAN JOSE, Calif., Aug. 11, 2026 — Altera today announced expanded DDR5 memory support across its Agilex FPGA po

Off the Wire Press Releases TACC’s Tapis and new Trust Management System enables secure, seamless access across multiple HPC centers Aug. 11, 2026 — The University of California, Los Angeles will lead a three-year national initiative to create a unified environment for research c

Minisforum keeps pairing the AMD Ryzen AI Max+ 395 with fresh chassis designs, and the N5 Max is its most ambitious result yet. This model wraps that 16-core, 32-thread Strix Halo processor and 64GB of LPDDR5X memory into a five-bay NAS rather than a small desktop. In many ways,

Google is gearing up to reveal a bunch of new Pixel devices on August 12th. A series of leaks leading up to the event suggest that the Pixel 11 lineup will come in an array of colors, with signs pointing to a built-in light coming to Pro models. Teasers from Google also indicate

How can Andy Burnham stop PC Harper's killers being released early? - Published Just three weeks after becoming prime minister, Andy Burnham is already unpicking a key piece of legislation passed under his predecessor Sir Keir Starmer. The Sentencing Act 2026 was designed to prod

The CEO of Invitation Homes, the nation's largest single-family rental landlord, said he believes the recently passed housing bill that bans investors like him from buying existing homes will eventually lower home prices, but not in the short-term. "I believe in the medium- to lo

Talking with Synopsys about the Physics of Chip Design at DAC 2026 Hello you fine Internet folks, I did an audio interview with Ravi Subramanian from Synopsys where we talked about the physics that goes into chip design and EDA tools. Hope y’all enjoy! The transcript below has be

President Donald Trump's latest executive order calls for splitting the measles, mumps and rubella, or MMR, vaccine into three separate shots – but doctors and other experts say that effort has no scientific basis and is unlikely to get off the ground. Trump on Monday said withou

Listed adtech company Mobavenue AI Tech’s net profit zoomed 94.3% to ₹11.7 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27) from ₹6 Cr in the year ago quarter. On a sequential basis, profit grew 38.2% from ₹8.4 Cr in Q4 FY26. Meanwhile, operating revenue surged near

The Dell Pro Precision 5 16s Intel is a 16-inch mobile workstation built for users who want more screen space while keeping the system reasonably portable. Our review unit pairs the Core Ultra X9 388H with Intel Arc Pro B390 graphics, 64GB of LPCAMM2-8533 memory, and a 1TB Gen5 S

Liz’s view A cardinal rule of finance is “always spend other people’s money.” It’s why leveraged buyouts include as much debt and as little equity as possible, and why the wealthy fund their lifestyles by borrowing against assets. The incentives, though, can be less than ideal. M

The world has a new humanoid robotics leader. Shanghai-based AgiBot surpassed the output of fellow Chinese robot maker Unitree in the first half of the year, shipping 8,400 humanoids and capturing 44% of the global market, according to a report from US-based firm Smart Analytics

Logistics and e-commerce enablement platform Shiprocket has secured Rs 727.4 crore from anchor investors ahead of the opening of its initial public offering (IPO), according to a stock exchange filing on Tuesday. The company allotted 7.50 crore equity shares to multiple domestic

Eclipse chasers scramble for glasses as stocks run low - Published At a bakery in central London, stock has been flying off the shelves. "I've sold, like, 100 this morning," a staff member tells the BBC. But it's not baked goods driving queues out of the door - customers are here

Taiwan is conducting its largest-ever annual military preparedness drills alongside extensive civil defense exercises aimed at mobilizing a whole-of-society response in the event of conflict with China. Stretching from Aug. 5-14, the drills include several firsts: In addition to

Chinese chip giant CXMT downplayed the impact of US restrictions in its latest investor filings, as the company looks to ramp up its overseas business. Apple is testing memory chips from the newly public company, The Wall Street Journal reported, as it grapples with an AI-induced

Three ways to watch the solar eclipse safely without glasses - Published With some online orders not able to arrive until the end of the week and shops running out of stock, it may be too late to buy eclipse glasses in time for Wednesday. But you can still safely watch the specta

In an unusually blunt assessment of China’s economic prospects, a leading Chinese economist has refuted the popular market theory that the current slump is the result of a “K-shaped” economy — with some sectors like EVs and AI thriving and others declining — arguing that the core

Global warming is leading to more extremely hot weather. There is perhaps no more obvious consequence of climate change. But changing how we analyze this problem can still help scientists think about it in a different way that may yield surprises. Generally, studies on heat extre

For more than 150 years, the Riemann hypothesis has stood as one of the major unsolved problems in mathematics, a long-running mystery about the distribution of prime numbers. There is currently a $1 million bounty for a working general proof of the hypothesis, which remains uncl

Baby products company Frida is expanding into a line of personal care products for kids ages 6 to 11 that will be sold in Walmart and on Amazon, the company told CNBC exclusively. CEO Chelsea Hirschhorn said the launch marks the next natural step for the company, which has seen i

Apple is seemingly developing an iOS feature that can verify when a photograph was taken using an iPhone camera. 9to5Mac reports that the iOS 27 beta 5 includes code references for an “Apple Reference Image” system that can embed provenance metadata into iPhone photographs at the

Halt and Catch Fire, created by Christopher Cantwell and Christopher C. Rogers. The IBM PC was unveiled 45 years ago this week. It revolutionized home computing — the basic architecture is still in use in most PCs — but never made the company much money: It was immediately revers

Artificial Intelligence How ONESTRUCTION built the Ishigaki-IDS foundation model with AWS GenAIIC This post was co-written by ONESTRUCTION, Inc. and Amazon Web Services Japan G.K. as part of GENIAC (Generative AI Accelerator Challenge) Phase 3, with technical advisory from the AW

Episode details Available for over a year Today, the Washington Post is reporting a secret plane swap, which took place as President Trump was leaving the Nato summit in Turkey last month. Adam is joined onstage at the Edinburgh Fringe by Caitriona Perry and James Cook. They disc

Manus said Tuesday it will "soon resume operating as an independent company," after Chinese regulators in April demanded Meta unwind its $2 billion acquisition of the artificial intelligence startup. Last December, Meta announced it acquired Manus, a developer of general purpose

Manus said Tuesday it will "soon resume operating as an independent company," after Chinese regulators in April demanded Meta unwind its $2 billion acquisition of the artificial intelligence startup. Last December, Meta announced it acquired Manus, a developer of general purpose

Artificial Intelligence How Pixieset achieved 35% AI feature adoption by solving the right problem with Amazon Bedrock This post is co-written with Ry Rainey and Graham Gibson from Pixieset. Photographers and artists are among the most skeptical audiences for generative AI. They

Artificial Intelligence First Orion accelerates QA automation using Amazon Nova Act This post is co-written with Mark Himelfarb and Garrett Wilkerson from First Orion. First Orion’s engineering teams were shipping faster than quality assurance (QA) could test, until Amazon Nova A