Record low Danube levels push some countries in Eastern Europe to the brink of energy emergency
Read full article: Record low Danube levels push some countries in Eastern Europe to the brink of energy emergencyGovernments in Central and Eastern Europe are working to conserve electricity as low water levels on the Danube River threaten power plants.
US dollar weakens sharply against the Japanese yen after market interventions
Read full article: US dollar weakens sharply against the Japanese yen after market interventionsThe U.S. dollar has weakened sharply against the Japanese yen after U.S. President Donald Trump and Japan's finance minister confirmed both sides had intervened in markets.
Trump stands to profit off US policy announcements by selling fast access to his social media posts
Read full article: Trump stands to profit off US policy announcements by selling fast access to his social media postsInvestors looking to get a jump on White House announcements will be able to buy sneak peeks starting Saturday as a Trump family company starts selling special, fast access to the president's posts on social media.
Trump wanted interest rate cuts to be 'Rocket Fuel' for the economy. He is losing that fight so far
Read full article: Trump wanted interest rate cuts to be 'Rocket Fuel' for the economy. He is losing that fight so farPresident Donald Trump has for months pressured the Federal Reserve to slash interest rates, claiming it would be “Rocket Fuel!”.
Judge strikes down Houston minority contracting rule, leaving business owners uncertain
Read full article: Judge strikes down Houston minority contracting rule, leaving business owners uncertainFor more than four decades, Houston’s Minority, Women and Small Business Enterprise (MWSBE) Program has helped connect certified businesses with city contracting opportunities. Now, a federal judge’s ruling is changing part of that process.
Trump administration pushes tougher English rules for Mexican train crews crossing into the US
Read full article: Trump administration pushes tougher English rules for Mexican train crews crossing into the USThe Trump administration wants to make sure that the Mexican train crews who haul freight over the border can understand key safety safety information in English and that the common practice of using foreign crews to cross into America doesn’t threaten U.S. jobs.
Social media companies sued over deaths of four teens as pressure, lawsuits over child safety mount
Read full article: Social media companies sued over deaths of four teens as pressure, lawsuits over child safety mountThe parents of four teenagers who died by suicide are suing Meta, TikTok, Snapchat, and YouTube.
New York sues prediction market platform Kalshi alleging 'illegal gambling operation'
Read full article: New York sues prediction market platform Kalshi alleging 'illegal gambling operation'New York officials have sued prediction market platform Kalshi for potentially billions of dollars, calling it an “illegal, unlicensed gambling operation” as the state seeks to halt its operations and force the company to forfeit its profits.
Immigration crackdown threatens Haitian caregivers and the seniors who rely on them
Read full article: Immigration crackdown threatens Haitian caregivers and the seniors who rely on themA Supreme Court decision allowing the Trump administration to end temporary protected status for hundreds of thousands of Haitians is rippling far beyond immigration courts.
US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
Read full article: US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsenU.S. stocks rose to the finish of a wild July as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation.
Human-caused climate change made Spanish, French fires much more likely, scientists calculate
Read full article: Human-caused climate change made Spanish, French fires much more likely, scientists calculateTwo new studies reveal climate change's fingerprints over extreme fire weather-triggering infernos in Spain and France.
Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectations
Read full article: Strong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectationsApple posted a solid fiscal third quarter on Thursday, climbing past Wall Street’s expectations thanks to strong sales of the iPhone and MacBook computers.
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results
Read full article: Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsAmazon said it will be increasing this year’s capital spending on technology, mostly artificial intelligence, by an additional 10% after the tech and e-commerce giant delivered strong profits and net sales during for fiscal second quarter, helped by surging growth in its prominent cloud computing unit.
Major oil companies reap massive profits as US and Iran fighting drives energy prices higher
Read full article: Major oil companies reap massive profits as US and Iran fighting drives energy prices higherMajor oil companies reported massive profits while fighting between Iran and the U.S. impeded petroleum shipments.
Some robotaxis approved to operate without steering wheels and losing the brake pedal could be next
Read full article: Some robotaxis approved to operate without steering wheels and losing the brake pedal could be nextFederal regulators are clearing the way for robotaxis to operate without steering wheels or eventually even brake pedals.
Average 30-year US mortgage rate rises to highest level in a year at 6.66%
Read full article: Average 30-year US mortgage rate rises to highest level in a year at 6.66%The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a year, another setback for prospective homebuyers hoping for a break from elevated home loan borrowing costs.
Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex
Read full article: Federal government to turn a Kentucky uranium plant into an AI data center and gas power complexThe U.S. Department of Energy is harnessing the artificial intelligence boom in its bid to convert another Cold War-era uranium enrichment site.
US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
Read full article: US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly highThe U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth.
US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
Read full article: US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically lowThe number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years.
Bank of England keeps key rate at 3.75% for the fifth time this year
Read full article: Bank of England keeps key rate at 3.75% for the fifth time this yearThe Bank of England kept its key interest rate on hold for the fifth time this year after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran.
Australian watchdog files legal action against Telegram, saying it failed to remove violent content
Read full article: Australian watchdog files legal action against Telegram, saying it failed to remove violent contentAustralia’s online safety watchdog has taken legal action against Telegram for what the watchdog says is a failure to remove extremist content.
Microsoft's best day since 2008 leads US stocks, while inflation worries remain in the bond market
Read full article: Microsoft's best day since 2008 leads US stocks, while inflation worries remain in the bond marketA monster day for Microsoft following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street, while AI stocks regained some of their sharp recent losses.
Trump touted his tariffs in Michigan despite rising costs. Even some of his supporters are worried
Read full article: Trump touted his tariffs in Michigan despite rising costs. Even some of his supporters are worriedPresident Donald Trump says car companies are thriving due to tariffs and other key policies he's instituted as president.
Samsung reports record profit as South Korean chip giants benefit from global AI boom
Read full article: Samsung reports record profit as South Korean chip giants benefit from global AI boomSouth Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter.
Meta shares drop as Q2 profit declines due to legal expenses and severance costs
Read full article: Meta shares drop as Q2 profit declines due to legal expenses and severance costsMeta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results.
Elon Musk's xAI sues Minnesota over its first-in-the-nation law banning 'nudification' technology
Read full article: Elon Musk's xAI sues Minnesota over its first-in-the-nation law banning 'nudification' technologyElon Musk’s company xAI is suing Minnesota over the state’s first-in-the-nation law that bans “nudification” technology on websites and apps.
Trump announces a $22.5B makeover of Dulles airport that will eliminate the 'people movers'
Read full article: Trump announces a $22.5B makeover of Dulles airport that will eliminate the 'people movers'President Donald Trump has announced a $22.5 billion renovation of Washington Dulles International Airport.
US bans foreign-made humanoid robots, targeting China over national security
Read full article: US bans foreign-made humanoid robots, targeting China over national securityThe U.S. Federal Communications Commission has announced a ban on new foreign-made humanoid robots, citing national security concerns.
Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
Read full article: Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lowerOil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control.
Teleprompter operator accused of betting on Trump speeches is out of a job
Read full article: Teleprompter operator accused of betting on Trump speeches is out of a jobA White House teleprompter operator accused of using inside knowledge to make bets about President Donald Trump’s speeches on the online prediction market Kalshi is no longer in his post.
US thwarts an Iranian missile attack and launches strikes with Saudi Arabia against militias in Iraq
Read full article: US thwarts an Iranian missile attack and launches strikes with Saudi Arabia against militias in IraqThe U.S. military says it successfully intercepted an Iranian missile barrage and worked with Saudi Arabia’s forces to strike sites in Iraq that Tehran-backed militias have used to launch attacks in recent days.
Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfers
Read full article: Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfersElon Musk's social media company X, previously Twitter, has launched X Money, a bank account-like service for users to send money to each other.
New York school pauses plan to deploy humanlike AI robot teacher after backlash
Read full article: New York school pauses plan to deploy humanlike AI robot teacher after backlashA school district in a rural corner of upstate New York is hitting pause on plans to deploy an AI-powered, humanoid robot in the classroom.
Lawsuit claims US civil rights agency has halted all federal-sector class complaints
Read full article: Lawsuit claims US civil rights agency has halted all federal-sector class complaintsA labor union and two female prison employees filed a lawsuit Tuesday accusing a U.S. civil rights agency of unlawfully halting their sexual harassment case as part of wider order to indefinitely suspend proceedings in all federal-sector class claims.
5 states offer to accept nuclear waste in exchange for help developing nuclear energy
Read full article: 5 states offer to accept nuclear waste in exchange for help developing nuclear energyFive states have agreed to accept nuclear waste from around the country in exchange for federal help to develop nuclear energy and create thousands of jobs.
eBay agreed to pay nearly $50 million to couple sent cockroaches, bloody pig mask
Read full article: eBay agreed to pay nearly $50 million to couple sent cockroaches, bloody pig maskeBay agreed to pay nearly $50 million to Massachusetts journalists David and Ina Steiner under a newly finalized settlement resolving a lawsuit over a 2019 cyberstalking campaign carried out by former company employees.
Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'
Read full article: Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war.
Minnesota's first-in-the-nation law banning prediction markets is halted in federal court
Read full article: Minnesota's first-in-the-nation law banning prediction markets is halted in federal courtA federal judge has temporarily blocked Minnesota's law banning prediction markets, which was set to take effect Saturday.
Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation
Read full article: Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflationThe Federal Reserve is expected to keep its key interest rate unchanged when it meets Wednesday, but chair Kevin Warsh is under increasing pressure to hike rates soon, a move that could provoke ire from President Donald Trump, who appointed him.
Americans' confidence in US economy falls as Iran conflict sends gas prices higher
Read full article: Americans' confidence in US economy falls as Iran conflict sends gas prices higherAmericans’ confidence in the economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up their fighting.
Johnson & Johnson proposes $5.5 billion talc settlement to end marathon legal fight
Read full article: Johnson & Johnson proposes $5.5 billion talc settlement to end marathon legal fightJohnson & Johnson has agreed to pay $5.5 billion to tie up remaining lawsuits that claim its talc products caused ovarian cancer.
Democrat's TV ad targets data centers in drive to oust Republican from swing Pennsylvania House seat
Read full article: Democrat's TV ad targets data centers in drive to oust Republican from swing Pennsylvania House seatDemocrat Paige Cognetti is taking a shot at artificial intelligence data centers in her challenge to Republican congressman Rob Bresnahan, saying “we are not for sale” in a TV ad in a swing Pennsylvania district.
Wall Street's flip from AI to less-loved stocks accelerates, while oil prices keep easing
Read full article: Wall Street's flip from AI to less-loved stocks accelerates, while oil prices keep easingMost U.S. stocks rose after Coca-Cola and other companies reported stronger profits for the spring than analysts expected.
Clinton Foundation launches an institute to help state governments find nonpartisan solutions
Read full article: Clinton Foundation launches an institute to help state governments find nonpartisan solutionsThe Clinton Foundation has launched a new initiative to develop nonpartisan policy solutions with state and local governments.
Trump defends his sweeping tariffs and watches 'America First' drag races during Michigan stop
Read full article: Trump defends his sweeping tariffs and watches 'America First' drag races during Michigan stopPresident Donald Trump says his economic policies have revived the auto industry and American manufacturing.
Mediators see progress in efforts to halt Iran war as drone attacks rattle region
Read full article: Mediators see progress in efforts to halt Iran war as drone attacks rattle regionMediators have made progress in efforts to bring the United States and Iran back to negotiations and prevent an all-out war in the Middle East.
Stocks drift on Wall Street and crude oil prices drop as Mideast tensions cool
Read full article: Stocks drift on Wall Street and crude oil prices drop as Mideast tensions coolStocks drifted to a mixed close on Wall Street and oil prices fell after the U.S. and Iran paused their attacks while work resumed on restarting negotiations to end their war.
China memory chipmaker CXMT's shares soar in a blockbuster share listing in Shanghai
Read full article: China memory chipmaker CXMT's shares soar in a blockbuster share listing in ShanghaiShares of Chinese memory chipmaker CXMT have soared as the company began trading in Shanghai in mainland China’s biggest IPO in recent years.
US-Canada bridge opens in Detroit even as trade disputes test the neighbors' ties
Read full article: US-Canada bridge opens in Detroit even as trade disputes test the neighbors' tiesTraffic is flowing across a new bridge over the Detroit River that will serve as a critical route for trade and tourism between Canada and the U.S. The bridge is named for Gordie Howe, a native of Canada who famously played hockey for the Detroit Red Wings.
Displaced from wildfires in Spain share their stories of uncertainty and narrow escapes
Read full article: Displaced from wildfires in Spain share their stories of uncertainty and narrow escapesElvira Menéndez knows how lucky she is that her house is not a charred ruin like so many others in Spain and France, devastated by raging wildfires.
A forced-labor crackdown or an end-run around Congress? Dissecting Trump's new tariffs
Read full article: A forced-labor crackdown or an end-run around Congress? Dissecting Trump's new tariffsThe Trump administration has levied tariffs on more than 60 countries, using a legal justification that permits the president to impose import taxes and other sanctions against countries found to engage in “unjustifiable,” “unreasonable” or “discriminatory” trade practices.
Wildfires in France drive 250,000 people from their homes and creep toward wine city of Bordeaux
Read full article: Wildfires in France drive 250,000 people from their homes and creep toward wine city of BordeauxA raging wildfire in southwest France has forced the evacuation of 55,000 more people overnight.
Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 years
Read full article: Americans rewire their grocery shopping routines while digesting the biggest price jump in 50 yearsLiving through the biggest jump in grocery prices in a half-century has many Americans changing their eating and food shopping habits.
Trump administration admits grants for clean energy were canceled based on politics
Read full article: Trump administration admits grants for clean energy were canceled based on politicsThe Trump administration has again acknowledged in court documents that it terminated $7.6 billion in grants for hundreds of clean energy projects “based solely on the political identity of the grant recipient’s state,” in this case, 16 states that voted for Democrat Kamala Harris in the 2024 presidential election.
SpaceX launches Starship on another test flight, this time with the most advanced Starlinks
Read full article: SpaceX launches Starship on another test flight, this time with the most advanced StarlinksSpaceX’s Starship rocket has blasted off on another test flight, this time carrying 20 of the most advanced Starlinks.
Virginia study on groundwater, data centers calls for tighter water regulations
Read full article: Virginia study on groundwater, data centers calls for tighter water regulationsVirginia officials have released a scientific study on the state's groundwater supply and the possible impact of data centers after months of delays and mounting criticism.
Trump says US will investigate EU trade practices, claiming the bloc unfairly fined tech giants
Read full article: Trump says US will investigate EU trade practices, claiming the bloc unfairly fined tech giantsPresident Donald Trump says the United States will open a formal investigation into the European Union’s trade practices, claiming the bloc has unfairly levied billions of dollars of fines against Google, Apple and other U.S. tech giants.
White House wants veterans to replace immigrant truckers who lost their licenses in crackdown
Read full article: White House wants veterans to replace immigrant truckers who lost their licenses in crackdownThe Trump administration wants soldiers to consider becoming truck drivers when they leave the military.
Trump returns to correspondents' dinner for a rambling, insult-filled speech 3 months after shooting
Read full article: Trump returns to correspondents' dinner for a rambling, insult-filled speech 3 months after shootingPresident Donald Trump has returned to the stage of the rescheduled White House Correspondents’ Association dinner.
EU finds TikTok violates its digital rule book by failing to protect privacy of minors
Read full article: EU finds TikTok violates its digital rule book by failing to protect privacy of minorsThe European Commission has found TikTok did not adequately protected children’s privacy rights on its platform by allowing adults to view the accounts of minors.
New US tariffs linked to claims of foreign forced labor dismay and anger trading partners
Read full article: New US tariffs linked to claims of foreign forced labor dismay and anger trading partnersU.S. President Donald Trump’s latest set of tariffs has provoked heated objections from America’s trading partners.
Stocks waver on Wall Street while crude oil prices fall for the first time in a week
Read full article: Stocks waver on Wall Street while crude oil prices fall for the first time in a weekStocks drifted on Wall Street and oil prices fell for the first time in a week, even as heavy fighting in the Middle East again threatened to slow the global flow of oil.
US military says it fired on another merchant vessel trying to breach its blockade of Iranian ports
Read full article: US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe U.S. military says it has fired on a merchant vessel attempting to breach its blockade of Iranian ports, while Iran targeted American strongholds around the Persian Gulf.
Trump imposes double-digit tariffs on dozens of countries as his 10% levies are set to expire Friday
Read full article: Trump imposes double-digit tariffs on dozens of countries as his 10% levies are set to expire FridayPresident Donald Trump is going ahead with new double-digit tariffs on dozens of U.S. trading partners just as the clock runs out Friday on stopgap levies he imposed after a stinging defeat at the Supreme Court.
Government withdraws subpoenas of 3 reporters for The New York Times after admitting legal errors
Read full article: Government withdraws subpoenas of 3 reporters for The New York Times after admitting legal errorsThe government has withdrawn subpoenas that would have compelled three New York Times reporters to testify about their sources for articles about President Donald Trump’s Qatari-gifted Air Force One jet.
Ford to partner with Chinese automaker Geely in Spain in new joint venture
Read full article: Ford to partner with Chinese automaker Geely in Spain in new joint ventureFord and Chinese automotive company Geely Auto announced plans on Thursday to jointly manufacture low- and zero-emission vehicles at Ford’s Valencia, Spain factory.
Gas, groceries and back-to-school items are where shoppers might see higher oil prices surface
Read full article: Gas, groceries and back-to-school items are where shoppers might see higher oil prices surfaceConsumers already feeling pinched since the Iran war started may feel more pain after oil prices pushed past $100 a barrel.
Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a year
Read full article: Average 30-year US mortgage rate climbs to 6.58%, highest level in nearly a yearThe average long-term U.S. mortgage rate climbed this week to its highest level in nearly 12 months, pushing up borrowing costs for prospective homebuyers at a time when rising oil prices are already squeezing household budgets.
Trump expands a voluntary pledge to protect consumers from high utility bills from AI data centers
Read full article: Trump expands a voluntary pledge to protect consumers from high utility bills from AI data centersPresident Donald Trump is having governors and electricity companies join a pledge aimed at shielding U.S. consumers from higher utility bills because data centers.
Union Pacific picks up Canadian National's support for its plan to acquire Norfolk Southern railroad
Read full article: Union Pacific picks up Canadian National's support for its plan to acquire Norfolk Southern railroadUnion Pacific struck a deal with Canadian National to secure that rival’s support for its proposed $85 billion acquisition of Norfolk Southern railroad.
US filings for unemployment aid fall to 187,000 last week, fewest since 1969
Read full article: US filings for unemployment aid fall to 187,000 last week, fewest since 1969U.S. applications for jobless benefits tumbled to the lowest level in decades last week as layoffs remain historically low despite global economic uncertainty.
AI models' breakout from human control brings a told-you-so moment for technology researchers
Read full article: AI models' breakout from human control brings a told-you-so moment for technology researchersIt is the kind of development once seen only in science fiction: An artificial intelligence system, trained to probe for digital vulnerabilities, breaks free of human control and acts on its own to hack another company.
US military launches new strikes on Iran as clashes escalate over shipping routes
Read full article: US military launches new strikes on Iran as clashes escalate over shipping routesThe U.S. military has announced it conducted a 13th night of strikes against Iran as clashes escalate over shipping routes.