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Baby Boomers Collect 265% of Social Security Contributions as Millennials Fund Gap
Baby boomers retiring in 2027 will collect $730,000 in Social Security benefits on less than $200,000 in combined taxes paid, according to a nonpartisan budget analysis. Millennials are funding the shortfall.
Darline Graham Wins South Carolina GOP Senate Runoff on Trump Backing, August 26
Darline Graham wins South Carolina GOP Senate runoff with Trump endorsement and $827,000 in super PAC spending. Political newcomer will face Democrat Annie Andrews in November.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.
Peter Woo’s Family Office Seeks $1 Billion Private Equity Exit
Peter Woo’s family office is looking to sell $1 billion of private equity stakes including HSG and Vista Equity Partners, as secondary PE sales surge globally.
Cyient Stock in Focus: CCI Approves Acquisition of California-Based Tao Digital Solutions
Cyient Stock will stay in the spotlight after the Competition Commission of India cleared its acquisition of TAO Digital Solutions Inc. The regulator confirmed approval for a 100% share capital acquisition on August 25, 2026. Cyient’s market capitalization stood at ₹10,212.85 crore as of the same date. The all-cash deal, first announced in May 2026,…
Supreme Court Allows Trump Mail Ballot Order to Take Effect: What Changes for Voters
Supreme Court allows Trump mail ballot executive order to proceed. DHS will compile citizenship list, USPS gains ballot oversight. Election officials warn of chaos as new rules take effect.
Max Gawn Makes History With Ninth All-Australian Team, August 25
Max Gawn becomes first nine-time All-Australian at 2026 AFL Awards. Jagga Smith wins Rising Star with 54 votes. Nick Daicos claims second AFLPA MVP. Full team unveiled August 25.
Nvidia-Backed Lambda Seeks Up to $3 Billion in Pre-IPO Funding Ahead of Potential 2027 Listing
Lambda is negotiating up to $3 billion in fresh financing, Bloomberg reported on August 24, 2026. The Nvidia-backed AI cloud provider is targeting a valuation of $12 billion or more in this round. Multiple term sheets have already reached the company, with deal terms still unfinalized. The financing could position Lambda for an initial public…
Secret White House Bunker Undermines Trump’s $600M Ballroom Security Case
Former officials say existing White House bunker undermines Trump administration’s security argument for $600 million ballroom. Supreme Court allowed construction to continue on August 21.