Business News | CuriousCats.ai

Today

+1 source·21 August 2026 · 16:36 UTC

Trump urges governors, mayors to welcome AI data centers, citing jobs and tax revenue; Tea Party founder launches 'Data Center Revolt' against expansion

The 'Data Center Revolt' bus tour, launching Sept. 12 in Austin, Texas, aims to give communities a voice against Big Tech's AI buildout, with Kremer drawing parallels to the Tea Party movement. Trump also touted his administration's efforts to expedite data center permitting and secure new electricity sources, while a May poll showed most Americans oppose local data centers due to environmental and resource concerns.

+1 source·21 August 2026 · 11:06 UTC

RayNeo unveils iO and GT smart glasses; iO skips camera for AI features, GT projects up to 307-inch screen

The iO glasses weigh 33g and offer real-time translation of 55 languages with about a second of latency, powered by Timekettle BabelOS 3.0. The GT Max can project a 307-inch virtual screen with a 59-degree field of view, and both GT models feature quad speakers co-tuned by Bang and Olufsen.

+1 source·21 August 2026 · 06:44 UTC

Cox customers in Nevada will transition to Spectrum after $34.5B merger; new pricing and plans roll out by mid-September

Charter expects about $500 million in annual cost savings within three years, and Cox's 10 Southern Nevada retail stores are now Spectrum stores. Existing Cox customers won't see immediate price changes, but Winfrey says Spectrum's average internet pricing is much lower than Cox's.

·21 August 2026 · 05:21 UTC

Vance says Bessent has a 'very discreet plan' to shrink $40 trillion national debt; aims for economy growing faster than debt

Bessent attributes a temporary portion of the debt to Supreme Court-ordered tariff refunds from a February ruling against Trump's emergency tariffs. He expects 2026 tariff income to match 2025 levels, with U.S. Trade Representative Jamieson Greer implementing the same tariff level.

+1 source·21 August 2026 · 01:19 UTC

Walmart stock drops 9% as US same-store sales growth slows to slowest since 2020; CFO says customers make 'trade-offs' amid high fuel costs

Walmart's US same-store sales grew 2.6% versus the 3.7% expected, with lower drug prices and lapping GLP-1 adoption weighing on growth. The company raised its full-year outlook but gave conservative Q3 guidance, expecting net sales to rise 3% to 3.75%.

Yesterday

·20 August 2026 · 22:55 UTC

Data center backlash spreads from ads to elections as more Americans prefer living near nuclear reactors; China fuels AI skepticism on Western social media

The backlash is partly cultural, with The Free Press noting it reflects a recognition that the internet is on net bad. Data centers consume as much water as a golf course or farm, often in drought-prone areas, and vibrate at low frequencies that can raise cortisol levels.

+1 source·20 August 2026 · 21:17 UTC

Moderna and Merck report positive phase 3 results for personalized mRNA cancer vaccine that cut melanoma recurrence; Moderna stock retreats after record surge as investors take profits

The trial, known as INTerpath-001, evaluated 1,137 patients with high-risk melanoma, and the combination significantly improved recurrence-free survival. Bank of America's Alec Stranahan quadrupled his price target to $170, calling the results a 'watershed moment' for Moderna, though he noted more testing is needed.

+2 sources·20 August 2026 · 21:17 UTC

Bessent's bond-market moves haven't worked so far; yields stay high as he signals bigger buybacks and deficit plan

The 10-year Treasury yield rose back to 4.69% Thursday, near its level before the buyback announcement, while the 30-year yield hit 5.23%. Analysts like Evercore's Krishna Guha call the plan a 'weak form of Operation Twist' that may have little lasting impact.

+2 sources·20 August 2026 · 17:14 UTC

Meta faces $1.4 trillion threat as ex-exec testifies Zuckerberg prioritized growth over child safety; trial could reshape Facebook and Instagram

The trial, which began Tuesday in Oakland, is expected to last six weeks, with jurors issuing an advisory verdict and Judge Yvonne Gonzalez Rogers deciding liability and penalties. A former engineering director, Arturo Béjar, testified that Meta's 'take a break' tool was 'designed to fail' because it isn't the default setting.

·20 August 2026 · 17:14 UTC

US Treasury yield surge drives global borrowing costs to multi-decade highs as 30-year bond tops 5% for first time since 2007

The US national debt has hit £29.3tn, doubling over the past decade, fueling fears that Trump's tax and spending plans are unsustainable. Meanwhile, the AI boom is adding to bond supply as Silicon Valley companies borrow heavily for datacentres, and G7 nations face sharp yield increases.

Become the most informed
person in the room.

Personal AI agents scanning 100,000+ sources — news, video, and social media — delivered every morning.

Download the App Go to CuriousCats.ai

🇺🇸 US🇮🇳 India🇬🇧 UK🇨🇦 Canada🇸🇬 Singapore