The comedian surprised a Telluride Film Festival audience with a first look at the film no one knew he was making over the past 3 years. ‘You Can See Everything’ offers an intimate look at the Theranos founder’s life before and after she went to prison for defrauding investors.
Marriott has filed a trademark for MARRIOTT BONVOY BRILLIANT BUSINESS. It’s Class 036 – Insurance & Financial Services and description is:
‘Issuance of credit cards; Processing of credit card payments; Credit card authorization services; Credit card transaction processing services’
American Express already issues a Marriott Bonvoy Brilliant card that is for personal cardholders and sent out a survey for a new premium business card with a $600 annual fee in December last year. I’m not sure what Marriott/American Express’ lag is between filing a trademark and actually launching a card but this does indicate that a card is in the works. This is one of the rumored cards we expected to launch in 2026.
Billionaire Peter Thiel’s hedge fund, Thiel Macro, disclosed its latest portfolio in a regulatory filing last month, and the fund’s largest reported position (a stake worth about $118 million as of June 30) is e-commerce and cloud computing giant Amazon (AMZN -0.15%).
But I’d argue the filing itself is less notable than the track record behind its biggest pick. In early September 2016, Amazon shares closed at a split-adjusted $39.44 (the company split its stock 20-for-1 in 2022). At Friday’s closing price of $258.51, a $10,000 investment made a decade ago is worth about $66,000 today — a return of about 555%, or nearly 21% annualized.
And that’s price appreciation alone. Amazon doesn’t pay a dividend.
What produced that return, and could the company possibly do it again?
Image source: Amazon.
The Amazon of 2016 was a very different company. That year, it generated $136 billion of revenue, $4.2 billion of operating income, and just $2.4 billion of net income. Investors were paying more than 100 times earnings for a business that was barely profitable.
By 2025, revenue had more than quintupled to about $717 billion. Net income grew about 32-fold over the same period, reaching $77.7 billion. In other words, Amazon’s bottom line compounded far faster than its share price did.
That gap explains a lot. The stock’s big decade didn’t come from investors paying a higher premium for Amazon’s earnings. Shares cost about 24 times next year’s expected earnings today, a fraction of what buyers were paying in 2016. The business simply outgrew its price.
Most of the transformation traces to Amazon Web Services (AWS), the company’s cloud computing segment. In 2016, AWS generated $12.2 billion of revenue (about 9% of Amazon’s total), yet its $3.1 billion of operating income accounted for most of the company’s overall operating profit. By 2025, the segment’s revenue had grown more than tenfold to $128.7 billion, and its operating income reached $45.6 billion.
Notably, the segment became more profitable as it scaled, with its operating margin expanding from about 25% to about 35% over the decade.
And AWS’s growth is speeding up, not slowing down. Segment revenue rose 20% in 2025, with growth picking up as the year went on and reaching 24% year over year in the fourth quarter.
“AWS is booming, growing 36.7% year-over-year in Q2 — our fastest growth in 18 quarters — and our AI and Chips businesses each eclipsed run rates of more than $25 billion,” said CEO Andy Jassy when the company reported second-quarter results in July.
In dollar terms, that was $42.2 billion of AWS revenue in the second quarter alone — an annualized pace of about $169 billion.
The cloud isn’t Amazon’s only newer profit stream, either. The company’s advertising business, which Amazon didn’t even report as its own revenue line a decade ago, generated $19.8 billion of revenue in the second quarter, up 26% year over year. That’s faster growth than the overall company posted, and an annual pace approaching $80 billion.
A repeat of the past decade is a high bar. Another 555% gain would take Amazon’s market value from about $2.8 trillion today to roughly $18 trillion. That’s far more than any public company is worth today. I wouldn’t plan on that.
However, the stock doesn’t need a repeat to reward shareholders. It needs profits to keep compounding.
Today’s Change
(-0.15%) $-0.39
Current Price
$258.51
Market Cap
Day’s Range
$255.29 – $261.12
52wk Range
$196.00 – $287.20
Volume
30.7M
Avg Vol
48M
Gross Margin
50.77%
And Amazon is spending aggressively to make sure they do. In fact, the investment is heavy enough that free cash flow over the trailing 12 months swung to an outflow of about $7.6 billion, largely reflecting spending on artificial intelligence (AI) infrastructure.
Of course, an outflow like that may look alarming, and the spending could weigh on profit margins for a while. But heavy investment ahead of the payoff is also how AWS got built in the first place.
Would I buy Amazon stock today?
I would, though not because Thiel’s fund owns it. A quarterly filing shows where a fund stood weeks ago, not what anyone should buy today. The better reason is the business itself: It arguably looks stronger than it did a decade ago, and a price of about 24 times next year’s expected earnings seems reasonable for a company still growing this quickly.
I just wouldn’t buy shares expecting a repeat of the past 10 years. If the profits keep compounding, the stock should do fine.
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High-yield savings account rates held steady to start Septmeber. With the Fed looking at rate increases, banks are using this opportunity to capture savers.
As of September 7, 2026, some online banks are still offering interest rates up to 4.15% APY. This is still much better than the average of 0.38% APY, according to the FDIC.
Banks and credit unions are constantly adjusting their annual percentage yields (APYs) as markets react to Federal Reserve policy and inflation data, so staying up to date can make a real difference. Here’s where the best savings rates stand today — and what you should know before moving your money.
Here are the best bank and credit union savings accounts rates today:
|
Bank or Credit Union |
Top APY |
Balance Requirement |
|---|---|---|
|
NexBank |
4.15% |
$1 |
|
CIT Bank |
4.10% |
$2,500 |
|
Always.bank |
4.10% |
$0 |
|
Pibank |
4.10% |
$0
|
|
FVCbank |
4.01% |
$500 |
1. NexBank – NexBank is the largest privately held bank in Texas and currently is offering up to 4.15% APY in partnership with Raisin. They’re also offering up to a $1,000 bonus for new deposits.
2. CIT Bank – CIT Platinum Savings a two-tiered savings account.
Open an account with promo code CITBoost and you’ll earn 4.10% APY* on balances of $5,000 or more for the first six months* — that’s 10x the national average savings rate.
After 6 months, you’ll return to the regular rate of 3.75% APY* with a $5,000 minimum balance. Otherwise you’ll earn 0.25% APY. See website for full details. Read our full CIT Bank review.
3. Always.bank – Always.bank is the digital banking arm of 22nd State Banking Company, they’re currently offering a competitive 4.10% APY with no minimum balance requirements.
4. PiBank – PiBank is the online brand of Intercredit Bank, N.A and offers 4.10% APY with no monthly maintenance fees and no minimum balance requirements. However, lots of consumers complain about only being allow to withdraw via wire transfer. Read our full Pibank review.
5. FVCbank Advantage Direct Savings – FVCbank offers the Advantage Direct Savings Account and currently pays 4.01% APY with no monthly maintenance fees and just $500 minimum balance to open, and you must maintain a balance of $0.01 to earn stated APY. Read our full FVCbank review.
You can find a full list of the best high yield savings accounts here >>
High-yield savings accounts function just like traditional savings accounts, but they pay a much higher annual percentage yield (APY) — often 10 to 15 times more. You can see how these rates compare to the savings rates at the 10 largest banks in America – and these rates put them to shame.
“The odds of a Fed rate hike are increasing, but banks are using this opportunity to capture savers in the current interest rate environment.” – Robert Farrington
The banks and credit unions on this list typically always have above-average rates, so even if the Federal Reserve lowers rates and these accounts lower their rates, you’ll still be head.
For example, a $10,000 balance earning 4.00% APY will generate about $400 in interest per year, compared with less than $20 at a big-bank rate of 0.20%. That gap makes it worth tracking rate changes regularly and switching institutions if your current bank stops staying competitive.
However, we expect more rates to dip below that 4.00% level in the coming weeks.
Before opening a new account, review the key details that determine how much you’ll earn — and how easily you can access your funds.
These details help you separate truly high-performing savings options from accounts that look appealing but may include hidden limitations or slower rate adjustments.
At The College Investor, our goal is to help you make smart, confident decisions about your money. To create this list, our editorial team reviews savings account rates daily across more than 50 banks, credit unions, and fintechs. We verify data using each institution’s official website, rate disclosures, and regulatory filings.
Only accounts available to U.S. consumers and insured by the FDIC or NCUA are included.
Our coverage is independent and editorially driven – we never rank accounts based on compensation. While we may earn a referral fee when you open an account through certain links, this does not influence our recommendations or reviews. Our opinions are our own, based on a consistent evaluation of usability, fees, yields, and customer experience.
How often do savings account rates change?
Banks can adjust rates daily or weekly based on market conditions.
Are online banks safe?
Yes — as long as they’re FDIC-insured. Verify coverage on the FDIC’s BankFind site.
Is interest on savings accounts taxable?
Yes. You’ll receive a 1099-INT if you earn $10 or more in interest.
Should I move my money if rates drop?
It depends on the difference in APY and your transfer limits, and frequent rate chasing can reduce returns if transfers take time.
CIT Bank
For complete list of account details and fees, see our Personal Account disclosures.
* Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of July 1, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
* Platinum Savings APY Boost Promotion Terms and Conditions
This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria.
Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate.
The Promotion begins on February 13, 2026, and ends October 31, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions.
The promotion can end at any time without notice.
Editor: Colin Graves
Reviewed by: Richelle Hawley
The post Best High-Yield Savings Rates for September 7, 2026: Up to 4.15% appeared first on The College Investor.
Come Sept. 8, some $20 billion’s worth of U.S. goods will be subject to Canadian counter-tariffs of up to 50%. They follow the 50% duties imposed by Washington on Canadian goods on Aug. 22. Yet U.S. President Donald Trump’s renewed focus on Canada should be no surprise, after Washington declined to extend the U.S.-Mexico-Canada trade agreement in July.
For four decades, Canadian commercial life has been organized around the belief that access to the U.S. market was a constant, rather than a variable. That assumption no longer holds, whether or not tariffs are here to stay.
So where should Canadians look to next? The answer is Asia—if both sides can overcome their mutual ignorance.
We estimate that the U.S. was the destination for 65% of Canadian goods and services exports in the first half of 2026. That’s down from roughly 75% in 2024, yet much of the shift was in a handful of commodities like oil, gold, and liquefied natural gas. The European Union and China attracted about 5% of Canada’s exports each.
No single market will replace the U.S. market, meaning Canadian companies will need to develop multiple smaller markets simultaneously. But the effort will be worth it: If Canada sells into several large, growing rules-based markets, it can treat the next unilateral decision from Washington as an annoyance, rather than an emergency.
Fortunately, the groundwork for Canada’s expansion into Asia has already been laid.
Japan and South Korea are the immediate priorities, with their purchasing power, strong rule of law, and already-established links with Canada. Much of Canada-Japan and Canada-Korea trade already is, or soon will be, tariff-free. Canada offers Korea and Japan energy and agricultural products; Japan and Korea, in turn, supply batteries, semiconductors, machinery, and shipbuilding capacity. (Taiwan, too, offers the same benefits; the Taiwan-Canada Trade Cooperation Framework just awaits signing.)
Energy leads the way when it comes to Canada’s exports to Asia—facilitated by Asian investment. LNG Canada is backed by Petronas, Korea Gas, Mitsubishi and PetroChina; it already ships to countries across Asia.
The Canadian Energy Regulator (CER) notes that crude oil exports to destinations other than the United States were worth $10 billion in 2025 averaging roughly 430,000 barrels a day, up from effectively zero before 2024. Oil sales haven’t slowed: Alberta’s oil exports to China and South Korea rose by 122% and 227%, respectively in the first four months of 2026. Those energy flows cross the Pacific without ever passing through a contested chokepoint.
Other sectors that could gain from a shift to Asia are agrifood, forest products, aluminum, machinery, and digitally delivered services. Southeast Asia is an important growth area for these sectors. Vietnam, Malaysia, and Singapore are all CPTPP partners. Vietnam offers growth and manufacturing demand; Malaysia gives industrial and processed-food opportunities; and Singapore is valuable as a regional base but also as a sophisticated end-market, particularly for niche agrifood and technology products.
The region’s largest markets offer other opportunities. India and Indonesia are high-growth, higher-friction markets which promise demand for machinery, industrial technology, infrastructure, and specialty inputs. Finally, China will remain a selective market for Canada, both in terms of sourcing and exports, given sensitivities around national security and overcapacity. Beyond oil, Canada-China trade will likely focus on less sensitive areas including pulp, paper, industrial materials and premium consumer goods.
The obstacle isn’t market access. Canada and Asia already have the trade agreements, expert agencies, joint business councils and chambers of commerce to facilitate the flow of goods and services.
Yet with all this support, too few businesspeople—on either side of the Pacific—know what’s going on.
Polling by the Angus Reid Institute for the Asia Pacific Foundation of Canada found that 73% of Canadians say they know little or nothing about South Korea; 82% say the same of Singapore, and 90% of Malaysia. Yet 78% supported Canada’s CPTPP membership. Canadians endorse the agreement while knowing almost nothing about the countries inside it.
The mirror image is just as bad. In a Kadin Business Pulse survey of 276 Indonesian firms, 84% of respondents reported that they had either never heard about or knew very little of Indonesia and Canada’s free trade agreement. Many were unaware Canada has a preferential agreement with their country; among those who knew, interpretations of what it covers varied widely.
At the Asia Pacific Foundation of Canada, we hear similar anecdotes from Vietnam’s private sector, especially outside of the tech manufacturing sector.
You can’t leverage preferences you don’t understand. The work at hand is persuading hundreds of thousands of Canadian and Asian companies that now is the time to get to know each other. Governments can only do so much. Instead, the private sector on both sides needs to educate itself, get on a few planes, and test some markets and products.
The trade agreements and institutional elements are there to support this diversification. But companies must take the first step.
The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.
Barrett Bingley is Asia Regional Director of the Asia Pacific Foundation of Canada, based in Singapore. He was previously senior policy advisor to Canada’s foreign and trade ministers.
A fight over Robinhood Chain’s fee design has moved past a two-person argument and now includes voices from Solana, Arbitrum, and BNB Chain. The issue is no longer only how much a single transfer costs. It is who should earn money from network activity, and how a chain pays for the next several years of development.
Solana co-founder Anatoly Yakovenko opened the exchange after Robinhood Chain fees jumped during a busy stretch.
He said the 10 percent of net protocol revenue that Robinhood already sends to Arbitrum would have paid for the same traffic on Solana several times over.
On that basis, he argued, Robinhood could have subsidized users and offered a gas-free product instead of collecting congestion-driven fees on its own layer-2.
Offchain Labs co-founder Steven Goldfeder rejected that framing.
On an Arbitrum Orbit chain, Robinhood keeps most of the net sequencer proceeds after settlement costs.
On Solana, base-layer fees go to the network, so Robinhood would keep none of them.
Zooming out on the debate of “what’s best for Robinhood”, I really want to point out further lowering gas fee is no longer the highest priority of the blockchain industry.
The real priority of all blockchains today is finding sustainable business model that feeds back into its… https://t.co/ic6Ixr5bPs
— Nina Rong (@nina_rong) September 6, 2026
Any waiver would then come from the company’s own cash.
Goldfeder’s line was that Robinhood picked Arbitrum so it could run the venue rather than rent space on someone else’s.
BNB Chain growth lead Nina Rong then widened the lens.
She said cutting gas further is no longer the industry’s main job.
Foundations spent years handing out grants and pushing fees down.
To last another cycle, she argued, chains need commercial structures that send money back into engineering and growth—whether that is gas, a revenue-share license, or some other contract.
The question, in her telling, is not which network is cheapest today.
Robinhood Chain went live on July 1 as an Ethereum layer-2 using Arbitrum’s stack.
Under the Expansion Program, 10 percent of net protocol revenue goes to the Arbitrum ecosystem (most to the DAO treasury, a smaller slice to developer funding).
Robinhood keeps the rest.
That is the “landlord” model Goldfeder described: the company operates its own environment and treats the stack as a licensed product.
Much of the recent fee volume has come from trading apps and token launches rather than only from tokenized stocks.
Layer-2 design lets the operator set prices and commercial terms while still settling to Ethereum.
Rong’s point is that the next test is whether that activity funds technology instead of another round of fee races.
The three views now sit side by side.
Solana’s case is that applications should live on cheap public rails and monetize in the product. Arbitrum’s case is that a large firm should own the chain and keep most of the economics. BNB Chain’s case is that the whole sector has to stop treating ever-lower gas as the finish line.
Employment in Canada fell by 41,700 in August, reversing some of the labour market momentum observed in recent months as manufacturing posted the only significant increase.
He was 25 years old.
Video games have a reputation for keeping people glued to the couch. But for those who compete against the best players in the world, gaming can be surprisingly physically and mentally taxing.
The best esports players often have grinding schedules. They’re expected to regularly practice, participate in scrimmages and compete in official matches. Even at the recreational level, esports players cite the mental toll: playing for hours a day, every day, to hone their skills so they can “climb the ladder.”
A 2021 study of Portuguese esports players found that 37% experienced anxiety and depression, and 45% experienced sleep disturbances. The most common physical injuries in esports generally fall under eye problems and musculoskeletal issues.
Many esport players – professional or otherwise – also battle hand and wrist pain, with repetitive button-smashing causing injuries such as carpal tunnel syndrome, tendonitis and “gamer’s thumb,” which arises from overuse or irritation of the tendons around the thumb and wrist. Many of the overuse injuries seen among video game players are also familiar to assembly-line workers, whose jobs can involve similarly repetitive movements.
Then there are the back injuries. Players can remain seated for three or more hours without a break, and this prolonged sitting can take a toll on the lower back and spine.
The sedentary nature of esports has also led to a lesser-known – sometimes fatal – injury called deep vein thrombosis: a blood clot, often in the leg, that can become life-threatening if it travels to the lungs. In 2011, British gamer Chris Staniforth – who would play for as long as 12 hours at a time – died of the condition.
As more esports injury research has been published, more treatment and prevention strategies have emerged.
Top esports teams now have physical therapists, performance psychologists, athletic trainers and even massage therapists on staff to optimize the performance and recovery of their players.
Teams often incorporate group exercise activities to both build rapport among players and reduce the risk of injuries. During competition, proper positioning of the spine and limbs has become an essential injury prevention strategy. For example, selecting a chair that encourages an upright posture can reduce pain and injury risk, especially when gamers couple ergonomics with an exercise program that centers on functional strength, mobility and stretching of the upper limbs.
When esports began gaining mainstream popularity in the 1990s and early 2000s, its proponents were eager to draw comparisons to traditional sports and athletic competition. The parallels helped establish esports’ legitimacy and gave non-gamers a familiar framework for understanding the competition. As esports became a big business and a lucrative career path, players and teams hired a web of support staff – trainers, coaches and therapists – that mirrored the structure of professional sports. In this vein, a lot of esports injury research has pulled from the training methods of traditional sports. However, as a scholar of exercise science, I think injury treatment and prevention strategies could be further improved by seeing esports competitors as more like musicians and dancers than football players and basketball players. Performance optimization and injury research on professional performing artists has existed for centuries, and I think it represents a valuable, untapped resource. That’s because the physical and mental stresses experienced during musical performance have a lot in common with esports competition: long stretches of sitting; small, dexterous hand movements; and performing without the real-time input of a coach. For example, biomechanics research has found similar patterns of forearm muscle fatigue among esports players and piano players. However, no studies to date have directly compared the two groups. And what if the interest in joint hypermobility or hand size among performing artists were translated to esport populations? Could popular piano warm-up exercises be effective for esports athletes who use keyboards? Even research on sports like car racing might offer valuable insights. As with gamers, many people overlook how physically demanding car racing can be – and yes, that includes sitting for extended periods of time. Prevention and rehabilitation techniques continue to improve. Even Jian, the player who retired in 2020, returned to play for a few splits, or partial seasons, in 2022 and 2023. In July 2023, “League of Legends” star Lee “Faker” Sang-hyeok was relegated to the bench due to cubital tunnel syndrome, an injury that emerges from arm and hand overuse. Through a treatment plan that included changing his gaming posture and intensive physical therapy, Lee was able to return to play just a month later. He went on to win three consecutive world championships, with his support team helping prevent recurrence of injury throughout each season. Thanks to his rehabilitation, Lee’s fans will be able to follow his hunt for his fourth “League of Legends” World Championship, which kicks off in October 2026 in the United States. Sienna Cinti assisted with the research and writing of this article. Erica D. Henn, Assistant Professor of Kinesiology and Exercise Science, Temple University This article is republished from The Conversation under a Creative Commons license. Read the original article.
Looking to the stage
The same math behind compounding returns applies to your career. Former AmEx and Citi CFO and private equity exec Gary Crittenden on why consistently building knowledge over time—about an industry, about what works and what doesn’t—creates results that are hard to replicate. From Carried Interest Ep. 3 with Gary Crittenden.
#financeeducation #finance #financecareers #careeradvice
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