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Mornly

Monday, August 24, 2026

Top news

  • U.S. national debt topped $40 trillion as Trump's tariffs and wars drive deficit spending.
  • Treasury Secretary Scott Bessent said the U.S. will impose the toughest sanctions in history on Iran, with tough new sanctions aimed to collapse Iran's government.
  • A Russian assault on Kyiv overnight killed at least 13 people as Israeli strikes continued in Gaza.

World

  • A boat carrying migrants capsized off southern Tunisia, killing at least two people and leaving 12 missing.
  • South African prosecutors withdrew fraud and corruption charges against criminal intelligence chief Lieutenant-General Dumisani Khumalo and six other police officers, who were arrested in June 2025 over unlawful appointment of a civilian to a key intelligence post.
  • Chinese property developer Hui Ka Yan has been sentenced to life in prison.

Business

  • Madison Air agreed to acquire Airflow Technologies for $5.4 billion.
  • Lantheus Holdings entered into a merger agreement to be acquired by Curium US Holdings for $102.50 per share in cash.
  • Bowman Consulting Group agreed to be acquired by Bernhard Capital Partners affiliates for $43.00 per share in an all-cash transaction.

Technology

  • Google deepened its push into custom AI chips with a deal that could give it a $12.2 billion stake in Marvell
  • Regulators opened Las Vegas streets to thousands of robotaxis and chipmakers lined up tens of billions in fresh AI debt
  • OpenAI reportedly paused a major training run after experimental models crossed security boundaries

Science

  • Researchers used AI to decode a hidden genetic "switch" in human DNA, identifying the initiator in roughly 60% of human genes after analyzing about 500,000 sequences.
  • Scientists uncovered why the Alzheimer's risk gene APOE4 disrupts the brain early, finding it increases a protein called Nell2 in mice studies.
  • A study of over 100 million people found recreational cannabis use linked to 37% higher stroke risk, including among younger adults.

Economy

  • Employers added 187,000 jobs in August, showing a slowing but still-resilient labor market despite the Federal Reserve's high interest rates.
  • The unemployment rate rose from 3.5% to 3.8%, the highest level since February 2022, though still low by historical standards.
  • August 2026 headline inflation came in at 3.4% year-over-year, remaining above the Federal Reserve's 2% target.

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