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Waymo Robotaxi Crash Rate 68% Lower Than Human Drivers, Study Finds

Though they've have racked up quite a few troubling anecdotes on America's roads, Waymo robotaxis have achieved a crash rate that's far lower than what's observed when humans are driving, according to a recent study published by the Insurance Institute for Highway Safety. A private scientific organization funded by …

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Futures Hit Record High As Oil Tumbles After Bessent Says Hormuz May "Reopen Tomorrow"

S&P futures are trading at all time high with the latest push higher triggered by comments from Scott Bessent on CNBC who echoed Trump in saying that "we may have Iran deal tomorrow to open Hormuz" (or we may not). The Nasdaq also looks set to extend Monday’s gains: As of 8:00am ET, S&P futures are up 0.4% to an all…

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Caterpillar Erupts As Quarterly Sales Top $20 Billion For First Time Amid AI Data Center Boom

Caterpillar shares jumped in pre-market trading after reporting a second-quarter beat, driven by strong growth in its heavy machinery, power and energy business amid the data center buildout, reshoring, and other activities reindustrializing the nation under the Trump administration.

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China solidifies global shipbuilding lead

CHINA reinforced its global lead in shipbuilding and offshore engineering in the first half of 2026, with new orders for oceangoing vessels surging 105.2 percent year on year, while the value of new offshore engineering equipment orders more than doubled, giving Chinese companies more than 80 percent of the global m…

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Global Bond Market On Edge As Japanese Yields Soar After "Horrible" 10Y JGB Auction

While much of the market focus has fallen on the US long-end, which saw substantial pressure in the past week, sending 30Y yields to 5.27%, the highest level since 2007, it was Japan again which stole the show overnight. But first, recall that the primary tradeoff for the BOJ preventing it from raising rates and com…

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