US consumers faced more high prices in August as Iran war raised energy costs
US consumer inflation held steady at 3.4% in August as the end of a ceasefire with Iran drove energy prices higher, particularly gasoline and heating fuel costs.
Billionaire family offices back healthcare and biotech startups in August
Billionaire family offices invested in biotech startups during August, with prominent investors including Stanley Druckenmiller’s Duquesne Family Office and Jeff Bezos backing gene therapy and drug discovery companies.
WNBA Commissioner Cathy Engelbert to retire at the end of 2026
WNBA Commissioner Cathy Engelbert announced her retirement at the end of 2026, concluding her tenure that oversaw unprecedented league growth despite facing criticism from players.
NFL’s Roger Goodell is playing the international long game ahead of league’s Australia debut
NFL Commissioner Roger Goodell is planning long-term international expansion, including nine games outside the U.S. in 2026 and potentially permanent overseas franchises, as the league plays its first regular-season game in Australia.
Wealthy investors are pouring billions into this new tax strategy despite risks
Wealthy investors have poured over $170 billion into tax-aware long-short strategies since 2022, seeking to offset capital gains taxes, but experts warn of significant risks including regulatory scrutiny and complexity.
Ryanair boss O’Leary defends ‘high-fare rapists’ airlines remarks
Ryanair CEO Michael O’Leary has declined to apologize after describing rival airlines as ‘high-fare rapists,’ leading to criticism from Irish officials and a rape crisis center.