NYTIMES (Ivan Penn) - Hawaiian Electric Warns Any Power Outages May Last Days
The severe tropical weather conditions from the approaching storm Lala are expected to topple trees and down power lines as it crosses the state.
NEWSCATS (MeighTimbol) - The Next Global Economic Crisis Could Be Made in China
Carolina Moscoso Reported by: Cherry Meigh TimbolNews Content Editor Published August 13, 2026 A new warning from Foreign Affairs is putting China’s economic model at the center of a potentially dangerous global financial problem: persistent [...]
AI:China's flawed economic model is emerging as a primary driver for a potential global financial catastrophe, according to recent warnings from Foreign Affairs regarding the stability of their internal systems. This development coincides with increasing reports of Chinese extortion and blackmail tactics in Asia and their exploitation of regional conflicts to expand their influence through exports. As China continues its aggressive expansionism, the structural weaknesses within its economy threaten to trigger a systemic collapse that could destabilize international markets far beyond its borders.Open
NPR (Bobby Allyn) - Kalshi and Polymarket bets on clinical trials criticized as 'ghastly'
Researchers warn betting on clinical trials could incentivize insider trading and interfere with drug development. But Kalshi and Polymarket say they provide valuable information to patients.
NYTIMES (Rob Copeland and Stacy Cowley) - Big Banks Smash Earnings Records, but ‘Tectonic’ Risks Loom
The largest banks in the United States collectively raked in tens of billions of profits in the second quarter, despite the war in Iran and persistent inflation.
NYTIMES (Jeff Sommer) - A.I. Has Rewarded Investors. It May Now Pose Their Greatest Risk.
Near the midpoint of the year, stocks and bonds both report good returns. But the global stock market has become highly concentrated, our columnist says.
AMERICANTHINKER - Wealth inflation skyrockets
Many lament how the system is “rigged,” and they’d be correct — it’s rigged in favor of unyielding work, risk taking, and vision.
AMERICANTHINKER - Wind power and the iron law of diminishing returns
Until recently, this double whammy was not obvious to UK ratepayers.
NYTIMES (Sam Sifton) - Gold Standards
We explore a Times investigation into the gold market.
AXIOS (Nathan Bomey) - Why JPMorgan Chase CEO Jamie Dimon isn't sweating private credit
JPMorgan Chase CEO Jamie Dimon downplayed the threat of a private credit meltdown , while Goldman Sachs signaled that its private credit business is in good shape. Why it matters: The trend of investors exiting private credit funds has raised concerns that a blowup in nonbank lending could infect the broader financial markets. The big picture: Dimon noted Monday in his annual letter to shareholders that the leveraged private credit market totals $1.8 trillion, while investment-grade bonds total $13 trillion and residential mortgage securities and loans also total $13 trillion. - "In the great scheme of things, private credit probably does not present a systemic risk," Dimon wrote. Zoom in: His comments came on the same day that Goldman…
NYTIMES (Richard Bookstaber) - I Predicted the 2008 Financial Crisis. What Is Coming May Be Worse.
Richard Bookstaber warns that what appears to be disparate forces adding risk to our economy are all part of one deeply connected system.