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US News

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Mortgage rates hit highest level in 3 weeks, weakening demand further

TazaPulseAugust 26, 2026

A “For Sale” sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca Noble | Bloomberg | Getty Images Mortgage interest rates moved even higher last week, causing demand for loans to weaken yet again. Total mortgage application volume dropped 1% from the previous week, according to the Mortgage Bankers...

US News

Iran and Oman prep Hormuz deal, U.S. holds off on secondary sanctions

TazaPulseAugust 26, 2026

Iranian Foreign Minister Abbas Araghchi (2nd L), Iranian parliament speaker Mohammad Bagher Ghalibaf (2nd R), and Omani Foreign Minister Badr bin Hamad Al Busaidi (R) walk inside a building in Muscat, Oman, on June 22, 2026. Hamed Malekpour | AFP | Getty Images Iran and Oman are approaching a deal to secure safe transit through...

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Amazon service that Jeff Bezos called artificial AI is shutting down

TazaPulseAugust 26, 2026

Amazon logo on brick office building facade with windows, San Francisco, California, Aug. 29, 2025. Smith Collection | Gado | Archive Photos | Getty Images Amazon is soon pulling the plug on its 21-year-old crowdsourced work platform, called Mechanical Turk, the company said Tuesday. “We regularly evaluate our programs, tools and services and make adjustments...

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Cash is no longer king in home sales

TazaPulseAugust 26, 2026

Prospective buyers depart an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images As the residential real estate market continues to lose steam, competition is weakening, and cash is no longer necessary to win a deal. The share of cash sales during the first four...

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Why markets care about the election

TazaPulseAugust 26, 2026

“Vote Here” signage outside a polling location at Westchester Regional Library during a primary election in Miami, Florida, US, on Tuesday, Aug. 18, 2026. Eva Marie Uzcategui | Bloomberg | Getty Images Markets are starting to care about the 2026 midterm elections, which loom 10 weeks away and could rip full control of Congress from...

108353987 1787674686467 gettyimages 2178039860 STANLEY DRUCKENMILLER INTERVIEW

Stanley Druckenmiller leads doubters who think Bessent’s bond ploys will fail

TazaPulseAugust 26, 2026

Treasury Secretary Scott Bessent’s bond market interventions have generated a modest decline in yields along with a growing chorus of derision from those who think they won’t work over the long haul and could have dangerous repercussions. Wall Street has been generally skeptical that Treasury has enough firepower to manage a fixed income market that...

US News

SpaceX plans to build a $100 billion spaceport in Louisiana

TazaPulseAugust 25, 2026

Ship 40 is stacked atop Booster 20 in preparation for Flight 13 at SpaceX’s South Texas facility in Cameron County, Texas, on July 22, 2026. Reginald Mathalone | Nurphoto | Getty Images Elon Musk is continuing his push into the Southern U.S. with SpaceX, his aerospace and tech conglomerate, planning a $100 billion new launch...

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Trump all in on Darline Graham in South Carolina, as losses pile up

TazaPulseAugust 25, 2026

US President Donald Trump helps US Senator Darline Graham off the stage during a campaign rally at Myrtle Beach Convention Center in Myrtle Beach, South Carolina on August 21, 2026. Saul Loeb | Afp | Getty Images President Donald Trump on Tuesday will test his endorsement power as South Carolina GOP Sen. Darline Graham squares...

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Apple announces new Mac Mini and Mac Studio models with AI upgrades

TazaPulseAugust 25, 2026

The new Apple Mac Studio computer and Studio Display are displayed shortly after going on sale at the Apple Store on 5th Avenue in Manhattan, in New York City, New York, March 18, 2022. Mike Segar | Reuters With more consumers turning to Apple’s computers for creating and running AI agents, the company is rolling...

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Nvidia’s dependence on hyperscalers faces big test in earnings report

TazaPulseAugust 25, 2026

Jensen Huang, chief executive officer of Nvidia Corp., speaks next to a BlueField-4 STX Storage tray, from left, Vera CPU compute tray, and Spectrum-X Ethernet Photonics Switch System while holding a Spectrum-X Ethernet Photonics chip during a keynote address at the Nvidia GTC conference in San Jose, California, US, on Monday, March 16, 2026. Bloomberg...