Washington Buying 10% of Intel?

A direct U.S. equity stake to anchor chipmaking, smart industrial policy or government overreach?

Keeping Up With America

U.S. to Take 10% Equity Stake in Intel
A sweeping federal move to anchor chipmaking, talks point to a direct government stake alongside existing subsidies. 

Powell Opens Door to September Rate Cut
At Jackson Hole, the Fed chief cited labor-market cooling while stressing a careful path ahead. 

CBO: Tariffs Could Trim U.S. Deficit by $4 Trillion
New estimate highlights fiscal impact—but also flags inflation risks. 

U.S. Probes Furniture Imports for Tariff Action
White House says a formal investigation is underway.

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Around the World

Gaza City Officially in Famine, Monitor Says
IPC’s assessment escalates pressure for more aid; Israel disputes the finding. 

U.S. Lawmakers Urge ICAO to Block China’s New Taiwan-Strait Route
Bipartisan letter warns the M503 extension raises safety and status-quo concerns. 

Ukraine Strike Disrupts Russian Oil Flows to EU
Pipeline hit suspends supplies to Hungary and Slovakia, officials say.

Lets Talk Business and Tech

Markets Rally on Powell Signals
Dow notches a record as yields ease and cut odds rise. 

Powell Unveils Policy Framework Tweaks
Fed pivots from 2020’s “makeup” strategy toward flexible inflation targeting. 

U.S. Orders Ørsted to Halt Offshore Wind Project
Regulatory setback deepens pressure on the sector.

Richer, Wiser, Happier

Rate-Cut Prep: What a Pivot Could Mean for Your Cash
 If the Fed moves in September, HYSA/CD yields can drift—avoid auto-rollovers, compare APY + early-withdrawal penalties + ACH transfer times, and consider a short no-penalty CD or 3-rung ladder so you keep flexibility.

FDA Alert: Blue Bell Ice Cream Mislabeling (Nuts)
“Moo-llennium Crunch” pints were sold with undeclared almond/walnut/pecan. If anyone in your home has a tree-nut allergy: don’t eat it, check lot codes on the FDA page, and return or contact Blue Bell for a refund.

FTC Flags Gym Cancellation Tactics
Subscriptions must include easy online or app cancel. Best practice: cancel in writing, keep screenshots/emails, stop autopay after your term, and dispute any extra charges with your card issuer. You can also file complaints with your state AG or the FTC.

FDA: High-Risk Medical Device Recall — Carotid Stent
Clinicians: review the affected models/lots and follow the new instructions. Patients: don’t cancel surgery on your own, ask your doctor if your device is impacted and what alternatives exist; watch for urgent symptoms and seek care if needed.

Sports and Showbiz Shenanigans

Red Sox 6, Yankees 3: Rookie Roman Anthony homered late to seal it at Yankee Stadium.

Brewers 5, Giants 4 (Walk-off)
 William Contreras crushed a solo HR in the 9th to win it in Milwaukee. 

Padres 2, Dodgers 1
Petco pitchers’ duel goes San Diego’s way to open the set. 

Lynx 95, Fever 90
Kayla McBride drops 29 and Jessica Shepard records a triple-double in Indy. 

Brad Pitt’s F1: The Movie hits home viewing
Now available on PVOD/digital purchase across major platforms. 

Life Hacks to Hack Your Life

Heads-Up: 7Up “Zero Sugar” Recall — Check Your UPCs
Nearly 2,000 cases of 7Up Zero Sugar Tropical were mislabeled and may contain full sugar; UPCs and lot codes inside. Return or discard.

Got a Data-Breach Letter? Farmers is Notifying Customers
Official notice is out; enroll in the offered monitoring and place a fraud alert or credit freeze if needed. (Check your state AG’s breach portal, too.)

Garage Alert: CPSC “Stop-Use” Warning on Wall-Mounted Storage Racks
Reports of racks collapsing; dispose per local rules, vendor hasn’t issued a recall.

Quick Win: Run a Free VIN Recall Check
Takes 30 seconds and catches open safety fixes (airbags, brakes, etc.).

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