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Wintermute plans $1 billion AI push beyond crypto: Bloomberg

August 12, 2026 MMN Editor Filed Under: Uncategorized

The firm aims for non-crypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business.

‘Coyote Vs. Acme’ Rotten Tomatoes Reviews Are Wild For Wile E. Movie

August 12, 2026 MMN Editor Filed Under: Uncategorized

“Coyote vs. Acme,” the animated/live-action Looney Tunes movie starring John Cena and Will Forte that was saved from extinction at Warner Bros. by Ketchup Entertainment, is winning over Rotten Tomatoes critics.

Social Security recipients will get more money next year. Here’s how much the COLA may boost benefits.

August 12, 2026 MMN Editor Filed Under: Uncategorized

Social Security’s cost-of-living adjustment could be as much as 3.6% in 2027.

Super Micro gives a big sales forecast, but analysts wonder how long the momentum can last

August 12, 2026 MMN Editor Filed Under: Uncategorized

Super Micro Computer impressed Wall Street with its profitability trends and revenue projections, but some analysts aren’t sure that the momentum is sustainable.

MAGA Influencer Coined ‘The Zapper’ By Conspiracists Shuts Down Claims She’s Keeping Trump Awake

August 12, 2026 MMN Editor Filed Under: Uncategorized

Franklin said she held her hands on her stomach during a recent event with Trump because she’s pregnant, not because she was pressing a “zapper” to wake him up.

Uber Eats Owed This Restaurant Owner $40,000. It Took 8 Months and a News Story to Get Her Paid.

August 12, 2026 MMN Editor Filed Under: Uncategorized

Joy Kim, owner of Seattle’s Kyoto Teriyaki, says she followed every step Uber Eats asked of her. The company says it was a security issue.

A Top OpenAI Exec Just Jumped Ship to ‘Start Something New.’ He’s Not the First This Year.

August 12, 2026 MMN Editor Filed Under: Uncategorized

Brad Lightcap’s exit comes as the company tries to justify its $852 billion valuation ahead of an expected IPO.

Walmart’s natural cotton-linen ruffle-hem T-shirt that comes in 22 colors is only $4

August 12, 2026 MMN Editor Filed Under: Uncategorized

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealCotton, linen, and other natural fabrics have made their way back into the spotlight, earning a permanent place in the wardrobe, especially when they bring comfort and style without sacrificing price. A cute top that’s worthy of taking up room in the closet should offer both versatility and comfort, looking good enough to wear out to dinner while also being comfortable enough to run errands or lounge around the house. If you’re ditching the plastic and looking for an alternative that won’t break the bank, the Viadha Cotton-Linen Blend Ruffle T-Shirt offers a breathable, lightweight feel with a chic ruffle pattern for under $5. This boho-inspired top adds fun, comfort, and a stylish look to any outfit. The relaxed, easygoing feel and solid color options make it a closet staple that can handle tons of occasions starting from just $4 at Walmart, plus $6 shipping.  Viadha Cotton-Linen Blend Ruffle T-Shirt, From $4 (was $10) at Walmart

Courtesy of Walmart

Shop at WalmartWhy do shoppers love it?This top has a round neckline, mid-length sleeves, and a drop shoulder that adds to its relaxed shape, and the gorgeous pleated ruffle hem offers more visual interest, elevating this top from a basic slouchy T-shirt to a more refined and sophisticated piece. It’s a practical choice for anyone who likes subtle details but still wants a top that can be worn regularly. This makes it a great fit to wear with jeans, skirts, sneakers, or heels, allowing you to easily change your look without ​​needing to build an entirely new outfit. Related: Hanes’ bestselling fleece hoodie is on sale for only $8 at WalmartThe lightweight design is made for summer heat, with the linen-cotton blend offering a breathable option next to polyester clothing. The moisture-wicking design keeps you cool and comfortable as the temperatures rise, and it can just as easily be worn into the fall paired with a cute jacket. This top is available in the beige color for just $4, and plenty of other options, including Army green, black, blue, Watermelon red, and yellow, all for under $6. They’re also available in sizes S through 5XL, keeping inclusivity in mind. While most of the colors offer a solid shirt with a button in the back, a few of the colors have a button-up design on the front, which are still available for just under $6.Details to knowSizes: Choose from size S through 5XL.Colors: 22 colors are available, including black. Army Green. Watermelon Red, yellow, Beige, and more. Material: The cotton-linen blend offers breathability, durability, and moisture-wicking properties that keep you comfortable throughout the day.One reviewer said, “They are really quite nice. The fabric feels wonderful and not cheap at all. They are a very good investment. They also run true to size.”Another shopper said, “It’s a great lightweight blouse for summer wear.”Shop more dealsFantaslook Pleated Summer Blouse, $13 (was $21) at WalmartSprinmer Long Sleeve Summer Button-Up Blouse, $15 (was $31) at WalmartStaron Summer Blouse, $9 (was $10) at WalmartThe Viadha Cotton-Linen Blend Ruffle T-Shirt is comfortable, stylish, and offers an option for everyday life and special occasions. With 22 colors to choose from and eight sizes available, this ruffle-hem shirt is versatile, fun, and easy to style, starting at just $4 at Walmart. 

Solana platform taps prediction market Kalshi for Wall Street-style high-speed data feed

August 12, 2026 MMN Editor Filed Under: Uncategorized

Solana-based DoubleZero looks to meet institutional demands by adding prediction market Kalshi’s order book to its low-latency market data feed.

Kevin O’Leary raises stark concern about inflation

August 12, 2026 MMN Editor Filed Under: Uncategorized

Corporate America is posting record-breaking profits, with 86% of S&P 500 companies beating earnings expectations during the second quarter, FactSet reported. For Wall Street, the picture could hardly look brighter, as double-digit profit growth extends across technology, energy, and consumer sectors simultaneously.For the typical American household watching grocery costs and credit card bills keep climbing, that corporate celebration feels completely out of reach.Investor Kevin O’Leary offered a pointed warning about the widening gap between strong market performance and the daily financial pressure families continue to face, Benzinga reported. The data behind his case suggests the divide between portfolios and paychecks is wider than most consumers realize heading into the fall.O’Leary identifies a sharp disconnect between corporate earnings and household budgetsO’Leary described the current earnings cycle as one of the most impressive in recent history, pointing to strength across nearly every sector of the market.His optimism came with a caveat: those corporate gains have not reached ordinary households because consumer prices remain well above the Federal Reserve’s 2% target.”The bad news is it hasn’t translated to Main Street in any city because inflation is still persistent above 3%,” O’Leary said.He described a sharp gap between corporate results and everyday consumer experience during an August 5 interview reported by Benzinga.The S&P 500’s blended earnings growth rate for the second quarter reached 50.4%, its highest year-over-year rate since Q2 2021, according to FactSet’s Aug. 7, 2026 Earnings Insight report.Ten of the index’s eleven sectors reported annual earnings increases, with eight of those posting double-digit profit growth during the reporting period.Stripping out unusually large results from Alphabet and Amazon, growth still hit 32%, extending a seven-quarter streak of double-digit earnings expansion for the index.Consumer stress data climbed to levels unseen since the pandemic shutdownIndependent behavioral data from LegalShield, a legal services platform tracking roughly 150,000 monthly attorney consultations, confirms the financial strain O’Leary described.The company’s Consumer Stress Legal Index rose 2.3% quarter-over-quarter and 9.4% year-over-year in the second quarter of 2026 to a reading of 74.6.More Economy:Bank of America CEO warns inflation will back Fed into a cornerBank of America just made a strong call on inflation, economyGoldman Sachs says Americans may pay for the AI boomLegalShield’s Foreclosure Index climbed to its highest level since March 2020, rising 12.2% year over year, while the Bankruptcy Index jumped 28.7% year over year.The consumer finance component of the index, which captures billing disputes, loan defaults, and credit problems, rose 1.2% year-over-year to 107.7.LegalShield compiles its data from more than 36 million consumer legal requests dating to 2002, one of the longest-running behavioral gauges of household distress.

LegalShield data shows consumer financial stress accelerating, with foreclosure and bankruptcy concerns reaching levels unseen since the pandemic.Justin Paget / Getty Images

Energy costs compound the household squeezeO’Leary singled out energy as the most critical cost factor for voters across party lines, calling gasoline the number one household input cost.Gregory Daco, chief economist at EY-Parthenon, told CNBC that flat income growth combined with rising energy and food costs is forcing American households to draw down savings and lean on credit cards just to maintain their current spending levels.Consumers are increasingly facing an income squeeze, which is forcing them to use savings, credit and wealth to sustain their spending patternsGasoline prices climbed 26.7% year over year in June, even after a 9.7% monthly decline at the pump, the Bureau of Labor Statistics reported.The annual consumer price index rate came in at 3.5% for June, down from 4.2% in May, though still well above the Fed’s target.Credit card debt adds another layer of pressure for consumersCredit card balances reached $1.252 trillion in the first quarter of 2026, according to the Federal Reserve Bank of New York’s Household Debt and Credit Report. A May 2026 Federal Reserve study found that 45% of adult cardholders carried a balance for at least one month in the prior year.The average interest rate on credit cards was 20.94% during the second quarter, making it increasingly expensive to finance everyday household spending over time, the June 2026 Federal Reserve statistical release showed.Stock ownership is heavily concentrated among higher-income households, and returns are being driven by a small group of mega-cap companies, Charles Schwab’s U.S. Stocks and Economy mid-year outlook noted.Lower-income consumers, meanwhile, continue absorbing cumulative price increases that have pushed overall costs about 28.60% higher since 2020, Inflation Compare reported.What O’Leary’s inflation warning signals for households still managing elevated costsO’Leary’s framing underscores a tension that earnings reports alone do not capture, since a strong portfolio offers little relief to a household under pressure.Households that own homes or hold investments have pulled further ahead, while those without assets are still absorbing the cumulative toll of post-2020 price increases, a divergence that often shows up in family budgets long before it registers in headline economic data.He also warned that oil prices above $70 per barrel heading into November could shape voter sentiment and influence the midterm elections, Benzinga reported.Energy remains what O’Leary called “the number one input cost for every voter,” and whether the annual CPI rate retreats below 3% or stays elevated through the fall will shape household budget conditions into the midterm election period. Costs across food, fuel, and housing remain well above pre-2022 levels, and O’Leary’s message underscores that market gains alone will not close that gap.Related: Goldman Sachs delivers its verdict on inflation and jobs

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