United States · Business news · Economy · 29 Aug 2026
US Financials Real Estate Information Technology
In his Jackson Hole speech on August 28, Fed Chair Kevin Warsh said underlying inflation had not 'meaningfully improved' even as gasoline prices eased, and noted that officials who backed holding rates in July wanted more information before deciding on a change. He did not commit to timing, but analysts saw strong hints of a possible September hike. Longer-term Treasury yields barely rose after the speech; the average 30-year mortgage rate was 6.66%.
Signalling a possible hike ahead of the November midterms put rate-sensitive sectors in focus, from banks' funding costs to homebuilders, mortgage lenders and long-duration technology stocks. Warsh also argued AI could lift productivity enough to allow faster growth without inflation, a view that matters for how the Fed treats the AI investment boom driving capex at chip and cloud companies.
Reported by Associated Press (via ABC4) — “Warsh raises stakes for Fed's next meeting and other takeaways from Jackson Hole conference” ↗ on 29 Aug 2026.
Official series on 29 Aug 2026 or the last day before it, and the latest observation.
Webull is based in St. Petersburg, Florida, has 28.2 million users, about 85% of them in the United States, and listed on Nasdaq through a SPAC merger in 2025. The committee's concern is customer data: what could be…
The Dow fell about three times as much as the S&P 500 and the Nasdaq, so the day's weakness sat more with older industrial and financial names than with the large technology companies that dominate the other two…
The finance angle: about $40 billion of new borrowing — $10 billion in loans and $30 billion in investment-grade debt — that flows almost entirely to Nvidia as chip revenue, with private-credit firms such as Apollo and…
The finance angle is the change of funding source: $5 billion of debt at 5.25 points over the benchmark, after $16 billion of equity, means private-credit funds are now paying for a robotaxi fleet and the compute…