If you thought last year’s national debt numbers were chilling, you haven’t seen anything yet. In the second week of August, the CBO released its Monthly Budget Review giving year-to-date totals, calculated through July, for federal FY 2026, ending September 30. For the first 10 months of fiscal 2026, Washington’s carrying costs grew an astounding
An out-of-control wildfire that jumped over fire trucks and made it difficult for crews to reach hot spots destroyed homes in northwest Reno, Nevada, on Sunday. Shifting winds challenged firefighters trying to bring it under control, and authorities urged some 90,000 people to evacuate. At least six people — three first responders and three civilians
Fast-fashion giant Shein could see its stock market valuation reach almost $27bn (£19.8bn) when its makes its debut in Hong Kong on 1 September. The long-awaited move comes after failed attempts to list in the US and London due to regulatory challenges amid scrutiny of the firm, which has its headquarters in Singapore but was
The Deauville American Film Festival has revealed the lineup for the industry section of its 2026 edition. The Deauville Industry Days sidebar, taking place over two days at the festival being held at the French seaside town, will incorporate various talks, panels and sessions. Among them are ‘The Art and Craft of Foodstyling,’ about cinematic
“Big Short” investor Michael Burry has swapped his Alibaba stake for a rival and said the Chinese tech giant’s latest fundraising has left him unwilling to buy back in. On Sunday, Burry wrote in a Substack post that he recently moved his entire Alibaba position into JD.com, increasing his stake in the rival Chinese e-commerce