Writing the summary…
Wells Fargo sees improvement in a key metric — plus, Lilly gets praise beyond GLP-1s
Source: CNBC
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CNBC
Iran war has cost on average $246 million per day in its first five months, CBO finds
The Congressional Budget Office calculated the Defense Department's Iran war cost through Aug. 1 at $38.1 billion.
CNBC
Trump says Kennedy Center will stay closed without renovation unless his name is added back
The ruling comes four months after the same judge ordered that the Kennedy Center could not be renamed to include President Trump's name.
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US borrowing costs hit highest level since 2007
The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.
CNBC
Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a blow to the crypto industry's push for a comprehensive market framework.
CNBC
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Discussions have been ongoing since Google's Demis Hassabis released a proposal in July calling for a U.S.-led "Standards Body," the spokesperson said.
CNBC
AWS says it can't restore service to Bahrain, UAE facilities 6 months after Iran strikes
In March, two Amazon data centers in the UAE were struck by drones, while a site was also damaged by a nearby drone hit.