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Stacks of coins and banknotes representing household savings, illustrating the record 401(k) savings rate in 2026

Americans Just Hit a Record 401(k) Savings Rate. Their Balances Fell Anyway.

Americans hit a record 401(k) savings rate of 14.4% in Q1 2026 and their balances still fell 4%. Here’s why that gap is the most useful number in your financial life.

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Rows of servers in an AI data centre, illustrating hyperscaler AI capex and depreciation schedules

The $200 Billion Line Nobody Reads: AI Capex Depreciation Is Quietly Writing Big Tech’s Earnings

Hyperscalers will spend ~$760B on AI in 2026 but recognise only ~$211B of depreciation. Longer server useful-life assumptions add roughly $46B to 2026 profit alone. Here is why AI capex depreciation, not capex itself, is the real earnings-quality story.

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Oil trading screen and rising crude price chart as Brent crude moves above $100 a barrel in July 2026

Oil Above $100, and the Bond Market Shrugged. That Gap Is the Whole Story.

Brent pushed oil above $100 and pump prices jumped 20% – yet 10-year inflation expectations sit at 2.24%. Here is what that gap really says about your portfolio.

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