The stock market’s calm surface is cracking. Here’s how to prepare for an August shock.

It’s a ‘major taxpayer win,’ according to one advocate inside the IRS

Elon Musk and Sam Altman criticized each other in new posts on X, highlighting the billionaires’ long-standing tussle over OpenAI’s evolution. Musk and Altman helped to start OpenAI in 2015 as a nonprofit artificial intelligence research lab alongside a band of engineers and scientists. In 2018, Musk left OpenAI’s board after donating tens of millions…

Pro-government supporters stand next to a banner depicting a portrait of Iran’s late Supreme Leader Ayatollah Ali Khamenei during a nightly rally in Tehran, Iran, on July 12, 2026. Morteza Nikoubazl | Nurphoto | Getty Images Iran warned Thursday that it would “crush” key targets in the Middle East if U.S. President Donald Trump’s threats…

Minutes Item 1 – Welcome and Apologies James Kaye (Chair, HSBC) welcomed new Committee members: Ellie McCormack (FCA) replacing Oliver McCausland, and Hendrik van der Merwe (Northern Trust) replacing Nikki Woodley. Adam Jukes (Deutsche Bank) was welcomed as an observer. Apologies were noted from Claire Forster-Lee (Morgan Stanley), Fiona O’Riordan (Citi) and Jermain Nooks (Investment…

The iPhone maker claims “misconduct is normalized and exemplified by leadership” at OpenAI.

Innovation Jul 13, 2026 Ana Palacio AI governance must account for everything from the technology’s material requirements to its effects on communities, businesses, labor markets, the environment, and strategic competition. To this end, a framework of verification-based trust—broader than national regulation and…