by John Hill | Aug 31, 2026 | Uncategorized
Good morning. Fed Chairman Kevin Warsh used his Jackson Hole speech on Friday to focus on inflation. But he also pointed to an unusual metric that could offer clues about whether AI is delivering the productivity gains businesses are betting on: token prices. Tokens...
by John Hill | Aug 31, 2026 | Uncategorized
As of 8:30 a.m. Eastern Time today, oil sold for $93.03 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $1.06 higher than yesterday morning and approximately a $25 rise over the past year. Oil price per barrel % Change Price of oil...
by John Hill | Aug 31, 2026 | Uncategorized
Nicholas Gordon here. When is Airwallex, the Australian-born payments company, planning to go public? The company, which serves over 675,000 businesses and claims to have over $1 billion in annualized run rate revenue, once talked about having a U.S. IPO in 2026, but...
by John Hill | Aug 31, 2026 | Uncategorized
A 63-year-old Supreme Court ruling about two Philadelphia banks is now the central legal weapon in the fight over Paramount’s $110 billion deal to buy Warner Bros. Discovery – a transaction that passed muster with the Justice Department and in every one of the 68...
by John Hill | Aug 31, 2026 | Uncategorized
Good morning. On Fortune’s radar today: Temu funds an army of fake accounts on Instagram and Facebook. Iran and the U.S. resume hostilities in the Gulf. Markets: Oil up, stocks mixed. Stocks go up as Trump’s ratings decline, Bank of America says. AI’s building boom is...
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