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Treasury released plans for a new Default Resolution Hub and vendor partnerships to manage 10 million defaulted accounts. A 2015 Obama-era pilot collected at lower rates than private agencies.

Starbucks will stop covering GLP-1 drugs for weight loss in October, joining Allina Health and PwC in limiting the benefit as costs climb. GLP-1 drugs accounted for 11.4% of corporate claims last year, up from 6.9% in 2023.

Kimbell Royalty Partners posted record Q2 production of 4,241 boe/d, up 27% year-over-year, driven by Permian Basin drilling. The company raised its full-year output forecast and held its quarterly distribution at 41 cents.

Rask and Meredith say AI may handle routine advice tasks while firms combining trust and better systems capture the upside. New episodes air every Wednesday.

A flaw in CryptoJS let hackers guess seed phrases, draining $5.7M from web wallets. Bitcoin holders lost $2.57M. On-chain tracking continues.

IAMGOLD swung to a Q2 loss of $0.04 a share as Côté Gold ramp costs offset higher gold sales. CEO says the mine is now cash-flow positive and the company expects free cash flow to turn positive in H2.

Snowflake Summit's focus moved from AI model launches to operating Agentic AI at scale. The company introduced CoWork and Coco as enterprise agents, integrating Natoma for search, positioning the Data Cloud as the operating layer for enterprise intelligence.

Senate delays Clarity Act vote to September. Lummis and Alsobrooks say bipartisan work continues. 'We've come too far to quit,' Lummis said.

U.S. sanctions crypto exchanges Shelbit and Aban Tether over Iran-linked funds; Treasury says IRGC sent over $1M to Shelbit, Kayvanpour-linked wallets sent $2M to Nobitex.

Natural gas broke from a bearish flag and closed below $2.64, setting up a $2.54 target where channel support and Fibonacci levels converge.

OFAC sanctions Shelbit and Aban Tether under Economic Fury for Iran Revolutionary Guard laundering; operator ran network from UAE, Georgia. $1B seized.

Airtable's fire sale and Datadog's plunge triggered panic, but Atlassian's 35% surge on strong earnings flipped the script, reviving the SaaS debate.