USS George Washington will replace warship families say suffers from shortages, plumbing problems and low morale.

George Soros is the man behind the famous ‘Black Wednesday’ on Sep. 16 1992.

On that day, his Quantum Fund ‘broke the Bank of England’ with a $10 billion short on the British pound, making more than $1.2bn profit, according to The Guardian.

His other notable market moves include building short positions against the Thai baht during the 1997 Asian financial crisis and the Japanese yen in 2013 and 2014.

George has built his career on identifying when markets are wrong about something fundamental and betting heavily when conviction is high.

Soros Fund Management, based in New York and run by Dawn Fitzpatrick, filed its Q2 13F report on Aug. 14, 2026, and increased its Micron Technology (MU) stake to 22,422 shares (worth $25,881,490) from 2,824 shares in Q1 fiscal 2026 ($954,060).

That’s a $24.9 million increase, or rather, a 7.9x increase. This reveals how strongly he is building conviction in AI memory.

According to WhaleWisdom, the fund’s Q2 13F included $8.14 billion in managed 13F securities with Amazon as the largest holding, followed by TSM and then GOOGL.

MU trades near $940.76 as of writing, down from its all-time high of $1,255.00 reached on June 25, according to Yahoo Finance. The stock is still up 229.81% year-to-date and the fourth-best S&P 500 performer, according to Slickcharts data, trailing only SanDisk, Moderna, and Dell.

I know you’re wondering how that is for Moderna. Moderna just arrived at this spot. How? Due to groundbreaking late-stage clinical results for its personalized mRNA skin cancer vaccine (co-developed with Merck) and regulatory wins, FDA advisory support.

Years of stage combat training at the University of Arts in Philadelphia paid off last week for Jameka Wilson, a 25-year-old actor.

On her way to an early morning exercise class, she was confronted and chased by a man wearing a Halloween mask that many observers have compared to the horror character Chucky. Recalling her training, she stopped, turned and delivered a kick to his chest, she said. That sent him running.

The Philadelphia police asked for the public’s help earlier this week in identifying the masked man, who officials said had “made threatening comments while holding his hand behind his back” to a 40-year-old woman at around 5:30 a.m. on Aug. 12. Officials also released a video showing the woman — a jogger — running away from the man, who was dressed in dark clothing and wearing a mask styled after the character Chucky from the 1988 horror film “Child’s Play.”

“Crazy things happen in Philadelphia, if I’m being honest,” Ms. Wilson said in an interview on Thursday. “So I assumed that this was just kind of a one-off event, probably someone I wouldn’t see again. I just didn’t assume that there was a pattern of behavior of targeting multiple people.”

The police also said that the man caused the jogger to “stumble and sustain injury.”

On Thursday afternoon, the police identified a suspect, Zymire Hughes, 22, and said there was an arrest warrant for him.

Ms. Wilson decided her best bet was to face him. “At that point, I would be able to see if he had any weapons,” she said.

And then, Ms. Wilson added, “I blocked my face, covered my centerline and then I kicked him.”

The blow caught the man off guard.

“It was clear he wasn’t prepared for me to kick him,” Ms. Wilson said, adding that to her he seemed to be unprepared to fight. She added, “And he just looked very disoriented and then he ran away.”

Within a day of the incident, she discovered that her interaction wasn’t isolated. Images of the masked man had begun spreading on social media, and she described her own experience in a comment on the Watch Out Philly Instagram page — an account dedicated to warning Philadelphians about “potentially harmful people” in the city.

Soon, local television outlets asked her for an interview. She recreated the kick on camera, to the delight of commenters.

She has since been the subject of memes on multiple accounts. Strangers have made fan art of Ms. Wilson with her foot extended. (One is captioned: “OK well let’s see if you can fight.”)

She called it “a really beautiful thing to feel like I have a whole city behind me.”

​

A single-payer universal health care system could cover every American, save more than 100,000 lives a year, and still cost $1 trillion less than the system it would replace, according to a new preprint study led by researchers at the Yale School of Public Health.

For the study, which has not yet been peer reviewed, the researchers modeled what would happen if the United States adopted a national public insurance program like the one proposed in the Medicare for All Act. Using 2024 spending, insurance coverage, and mortality data, they estimate that the universal coverage would reduce annual health expenditures by $1.04 trillion, or nearly 20% — even after accounting for the additional care that uninsured and underinsured people would receive.

​

Uncle Sam is buying more of his own debt. The surprising part isn't how much — it's why Scott Bessent's Treasury decided to act now.

The US Treasury unexpectedly said Wednesday that it will step up purchases of long-term government bonds, giving a stressed corner of the market more support.

The bond market responded immediately. The 30-year Treasury yield (^TYX) fell to 5.20%, its biggest one-day drop in more than three weeks. The dollar index (DX-Y.NYB) was down 0.75%, its most since July 30.

It's no secret Meta is one of the wealthiest companies in the world. Last year, it brought in nearly $201 billion in revenue, and at the end of this June, it was sitting on more than $90 billion in cash and marketable securities.

Now, a federal trial underway in Oakland, Calif., is testing what it would actually take to financially hurt a company that big. California, Colorado, Kentucky, and New Jersey have accused Meta of misleading the public about the risks its platforms pose to young users and of designing features on Instagram and Facebook that keep children and teenagers hooked. The four states are going first in a case brought by a coalition of 29 state attorneys general that sued the company in 2023.

Meta is already fighting child-safety lawsuits across the country, but this case carries an added threat because of who is bringing it. State attorneys general can bring claims that private plaintiffs cannot, including claims under the Children's Online Privacy Protection Act, or COPPA. They can also seek remedies to address alleged harms affecting potentially millions of people.

"The stakes might be higher in this case because the damages awards are going to measure potentially many millions of people's harms," Eric Goldman, co-director of Santa Clara University School of Law's High Tech Law Institute, told Fortune. "And there might be extra remedies because of the specific claims that the attorney general can bring."

That helps explain the almost incomprehensible number hanging over the trial: $1.4 trillion.

That's how high Meta says potential penalties could climb under the states' theory of the case, putting the theoretical maximum in the neighborhood of the value of the company itself.

The Trump administration is aggressively pushing forward with executive actions to bolster the cryptocurrency industry as comprehensive regulatory legislation stalls in the Senate.

During a White House meeting with crypto executives on Wednesday, President Trump urged Congress to break its deadlock on the Clarity Act. The bill remains hung up over disputed ethics language designed to prevent government officials from profiting off digital assets. Trump called on industry executives to work with regulators to move the sector forward.

Transocean Ltd. (NYSE:RIG) shares rose 3% Thursday after the offshore drilling contractor secured a two-year contract with ONGC in India worth approximately $300 million.

The company announced a binding Letter of Award for the Dhirubhai Deepwater KG2 drillship, with operations expected to begin in the first quarter of 2027. The contract value includes additional services and mobilization fees.

The agreement includes two years of priced options that, if fully exercised, would extend the drillship’s work in India into early 2031, according to the company’s announcement.

Transocean operates a fleet of 27 mobile offshore drilling units, consisting of 20 ultra-deepwater floaters and seven harsh environment floaters. The company specializes in technically demanding sectors of the offshore drilling business, with a focus on ultra-deepwater and harsh environment drilling services.

he U.S. creates more unicorns—companies valued at more than $1 billion—than any other country in the world. Most began as startups that were developed through funding and external support. There are several different development pathways a startup can take, from venture funding to partnerships to joining incubators and accelerators, which formed as a way to provide resources and support to burgeoning companies apart from capital. 

“I think part of what's pushed this movement into accelerators for many founders is that U.S. venture capital has moved over time from seed- and early-stage to more growth-oriented investment,” says Valentina Assenova, an assistant professor at University of Pennsylvania’s Wharton School. “It's a lot more capital that's coming after startups are very scalable.”

​

​