{
  "id": 4402678,
  "title": "10 Sunday Reads",
  "url": "https://urgent.news/2026/08/30/10-sunday-reads",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-30T10:30:53.000Z",
  "source": {
    "name": "The Big Picture",
    "slug": "the-big-picture",
    "url": "https://ritholtz.com/2026/08/10-sunday-reads-243/"
  },
  "original_language": "en",
  "account": "1. The tariffs imposed on Canadian goods have eroded America's credibility, according to Canada's former governor of the Bank of Canada, Mark Carney. This comes after the US slapped a 50% tariff on $20 billion worth of Canadian products.\n\n2. Canada has vowed to match the US tariffs \"dollar for dollar,\" as per David Hebert's reporting in The Daily Economy.\n\n3. Jared Bernstein, an expert in statistical agencies, admits he can no longer dismiss the level of mistrust surrounding these organizations. He has been battling this issue for years.\n\n4. The value of Bitcoin treasury companies has plummeted by $80 billion as the business model unravels, according to an analysis by Financial Times.\n\n5. Robin Wigglesworth's new NBER paper uses on-chain data to trace the exact destinations of Bitcoin holdings, revealing how the money was used. Jamie Dimon's list of Bitcoin's use cases is less convincing than one might expect.\n\n6. Logging in to websites has become increasingly complicated, thanks to password managers, passkeys, and two-factor authentication codes, as Will Oremus explains in The Atlantic.\n\n7. The AI boom is set to break, according to Groundbreaker. Trillions in compute commitments are due in 2027-2028, and hidden mechanics indicate when the boom will reach its breaking point.\n\n8. New York Times' Robin Wigglesworth explores how the hyperscalers' borrowing spree, fueled by the AI frenzy, could lead to a \"bonkers squared\" or even \"bonkers cubed\" scenario.\n\n9. In Louisiana, sheriffs have spent a significant portion of their opioid settlement cash on law enforcement gear rather than treatment, as Aneri Pattani reveals in Stat.\n\n10. The deepfake epidemic in schools is not just affecting students; four teachers have shared their experiences with becoming targets of sexualized, AI-generated content, as Caroline Haskins reports in WIRED.",
  "summary": "Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • ‘A Deal Written in Pencil’: Tariffs Are Erasing America’s Credibility: David Hebert on the lesson Mark Carney says Canada drew from 18 months of dealing with Washington, after the US slapped a 50% tariff on $20 billion of Canadian goods. (The Daily Economy)) see… Read More The post 10 Sunday Reads appeared…",
  "key_points": [
    "Canada retaliates with dollar-for-dollar tariffs on US goods",
    "Bitcoin treasury companies lose $80 billion in value",
    "AI boom may reach breaking point by 2027-2028"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}