Writing the summary…
US borrowing costs hit highest level since 2007

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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.
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.
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.
OpenAI, Google, Anthropic discussing collaboration on AI safety issues
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.
Wells Fargo sees improvement in a key metric — plus, Lilly gets praise beyond GLP-1s
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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.