CALWIRE Market Update (Wednesday, August 26, 2026)
By Calwire Markets Desk
Today's top story: China is collecting on old debts but won’t pay its own. This roundup covers 12 stories from MarketWatch, CNBC Top, and Yahoo Fin.
Related: CALWIRE Stock Market Open Roundup (Wednesday, August 26, 2026) · CALWIRE Market Update (Wednesday, July 22, 2026)
China is collecting on old debts but won’t pay its own
China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country... — MarketWatch
China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country... — MarketWatch
Meta settles social media addiction case with California, other states for $16.7 billion
Meta and state attorneys general settled a federal trial centering on allegations that company misrepresented the extent of child-... — CNBC Top
Meta and state attorneys general settled a federal trial centering on allegations that company misrepresented the extent of child-... — CNBC Top
Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next
Paramount Skydance's acquisition of Warner Bros. Discovery is stalled due to an antitrust lawsuit, leaving WBD in limbo during a p... — CNBC Top
Paramount Skydance's acquisition of Warner Bros. Discovery is stalled due to an antitrust lawsuit, leaving WBD in limbo during a p... — CNBC Top
Bill Gates warns ‘there is no plan’ for the ‘upheaval’ AI will cause
Bill Gates warned governments are not adequately preparing for how AI could displace workers, strain social systems and create glo... — CNBC Top
Bill Gates warned governments are not adequately preparing for how AI could displace workers, strain social systems and create glo... — CNBC Top
‘It’s the ultimate regifting’: My mom gave me a house. Should I transfer it back to her to reduce capital gains?
“The property is very old and requires significant ongoing maintenance.” — MarketWatch
“The property is very old and requires significant ongoing maintenance.” — MarketWatch
Customers are fleeing TurboTax over price, and Intuit’s stock is sliding
Cost-conscious customers giving up on TurboTax sent Intuit shares sliding in early Wednesday trade. — MarketWatch
Cost-conscious customers giving up on TurboTax sent Intuit shares sliding in early Wednesday trade. — MarketWatch
Emergency medical evacuation insurance: What it covers, what it costs, and how to compare plans
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