Business & Markets — August 19, 2026

Treasury yields near multi-decade highs. Long-term Treasury yields have climbed toward multi-decade highs on debt, AI spending, and energy concerns. That means higher mortgage and consumer borrowing costs ahead of this week's Fed minutes and Jackson Hole.

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Unitree gains 600% in Shanghai debut. Unitree, the world's largest humanoid robot maker, rose more than 600% in its Shanghai trading debut, becoming the first humanoid robot firm to list in mainland China.

MarketWatch framed the listing as a marker of the intensifying robotics competition between the United States and China. The mainland market had not previously hosted a company focused on humanoid robots, and the outlet noted the milestone status of the offering alongside the company's position as the sector's biggest manufacturer, suggesting investor appetite for the technology in China's domestic exchanges.

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Costco enters health insurance. Costco will partner with SCAN Group to offer Medicare Advantage plans -- a retail push into healthcare for the warehouse giant's millions of members.

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