US oil firms sign deals with Iraq to develop alternative shipping routes
Read full article: US oil firms sign deals with Iraq to develop alternative shipping routesU.S. companies have signed roughly $60 billion in agreements and partnerships with the Iraqi government, including deals intended to create alternative routes for shipping oil out of the Persian Gulf.
FAA says Boeing can resume self-certifying its jets as airworthy
Read full article: FAA says Boeing can resume self-certifying its jets as airworthyThe Federal Aviation Administration says Boeing will be allowed to take responsibility for certifying all of its 737 Max and 787 planes starting next week.
Chinese AI model takes US tech industry by surprise with abilities rivaling Claude and ChatGPT
Read full article: Chinese AI model takes US tech industry by surprise with abilities rivaling Claude and ChatGPTAnother powerful new artificial intelligence model from China is taking the U.S. tech industry by surprise.
US lets Hong Kong emergency declaration lapse, lifting some sanctions as Trump order stays
Read full article: US lets Hong Kong emergency declaration lapse, lifting some sanctions as Trump order staysThe United States has not renewed the national emergency declaration over Hong Kong, lifting some sanctions but keeping an executive order that revoked Hong Kong's special trading status.
Lettuce at Taco Bell in 5 states confirmed as a source of diarrhea-causing parasite
Read full article: Lettuce at Taco Bell in 5 states confirmed as a source of diarrhea-causing parasiteFederal health officials have identified lettuce from Mexico served by Taco Bell locations across five U.S. states as a source of the widespread outbreak of diarrhea-causing parasite cyclospora.
China's Xi calls for more global efforts to guide AI, chides US for its curbs on tech sharing
Read full article: China's Xi calls for more global efforts to guide AI, chides US for its curbs on tech sharingChinese President Xi Jinping has called for more global cooperation in the development and governance of artificial intelligence, while promising support for other countries.
Trump firm plans to sell priority access to Truth Social posts, possibly his own
Read full article: Trump firm plans to sell priority access to Truth Social posts, possibly his ownPresident Donald Trump's media company is planning to charge for special high-speed access to Truth Social posts, including possibly his own affecting national security and financial markets.
Trump cites national security to stop offshore wind development. Here's what to know
Read full article: Trump cites national security to stop offshore wind development. Here's what to knowPresident Donald Trump's administration has worked to stop offshore wind development on the grounds it’s a national security risk since late last year, halting work on major projects and buying back leases.
Fed probe suggests Tesla's self-driving feature wasn't to blame in crash that killed a grandmother
Read full article: Fed probe suggests Tesla's self-driving feature wasn't to blame in crash that killed a grandmotherFederal safety investigators say the driver of a runaway Tesla that killed a grandmother in her home last month had pressed the accelerator to full speed, suggesting the vehicle’s self-driving software was not to blame.
Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a year
Read full article: Average 30-year US mortgage rate climbs to 6.55%, highest level in nearly a yearThe average long-term U.S. mortgage rate climbed this week to its highest level in nearly a year, driving up borrowing costs for prospective homebuyers.
Trump administration races the clock to rebuild US tariff wall knocked down by Supreme Court
Read full article: Trump administration races the clock to rebuild US tariff wall knocked down by Supreme CourtThe U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth.
Trump officials want to make testosterone drugs easier to prescribe. Is that a good idea?
Read full article: Trump officials want to make testosterone drugs easier to prescribe. Is that a good idea?Health officials serving under President Donald Trump want to make it easier for men to get a prescription for testosterone.
Retail sales up just 0.2% in June, but excluding business at the gas pump, shoppers are resilient
Read full article: Retail sales up just 0.2% in June, but excluding business at the gas pump, shoppers are resilientShoppers slowed their spending in June from May, but excluding business at the gas pump, shoppers showed resilience despite economic uncertainty as they bought cars and took advantage of summer sales events.
AI chatbots are at risk of spreading government restrictions on online speech, a new study says
Read full article: AI chatbots are at risk of spreading government restrictions on online speech, a new study saysA study shows major artificial intelligence models are likely to refuse to criticize restrictive leaders worldwide.
Ukrainians protest Zelenskyy's ouster of his popular defense minister
Read full article: Ukrainians protest Zelenskyy's ouster of his popular defense ministerPresident Volodymyr Zelenskyy shook up his wartime government, drawing thousands into the streets across Ukraine to protest the dismissal of his youthful defense minister, Mykhailo Fedorov.
Fujitsu and leading Japanese robotics companies to use Nvidia technology in 'physical AI'
Read full article: Fujitsu and leading Japanese robotics companies to use Nvidia technology in 'physical AI'Japanese communications company Fujitsu is leading a major push in artificial intelligence and robotics using Nvidia’s technology to develop “physical AI.”.
Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacity
Read full article: Taiwan computer chipmaker TSMC pledges another $100 billion to expand US chipmaking capacityMajor Taiwan computer chipmaker TSMC says it plans to spend another $100 billion on expanding its manufacturing capacity in the United States.
The ex-CEO of Italian highway operator and 31 others convicted in deadly 2018 bridge collapse
Read full article: The ex-CEO of Italian highway operator and 31 others convicted in deadly 2018 bridge collapseAn Italian court has convicted the former CEO of Italy's main highway operator and 31 others in the Genoa Morandi bridge collapse in 2018.
US imposing a 25% tariff on some Brazilian imports starting July 22, citing unfair trade practices
Read full article: US imposing a 25% tariff on some Brazilian imports starting July 22, citing unfair trade practicesThe United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy.
US Mint produces a $1 coin bearing Trump's face to help celebrate America’s 250th birthday
Read full article: US Mint produces a $1 coin bearing Trump's face to help celebrate America’s 250th birthdayThe U.S. Mint has started producing a new $1 coin featuring President Donald Trump to help celebrate America’s 250th birthday.
Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with Trump
Read full article: Fed chair Warsh sidesteps Senate questions on inflation, AI, contact with TrumpFederal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation.
Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortune
Read full article: Warren Buffett explains why his kids, not the Gates Foundation, will now give away all his fortuneBillionaire Warren Buffett says his decision to cut the Gates Foundation out of his charitable giving is more about believing his three kids are ready to handle giving away his entire fortune than it is about Bill Gates’ ties to convicted sex offender Jeffrey Epstein.
Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homeland
Read full article: Amazon will launch its satellite internet in South Africa, seemingly beating Musk in his homelandAmazon says that the technology company will launch its new satellite internet service Amazon Leo in South Africa in 2027.
Hong Kong booksellers are reportedly arrested over alleged sales of seditious publications
Read full article: Hong Kong booksellers are reportedly arrested over alleged sales of seditious publicationsLocal media are reporting that authorities in Hong Kong have raided two bookstores and arrested five people for allegedly selling seditious publications.
US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudy
Read full article: US producer prices drop 0.3% from May to June on lower energy prices, but outlook is cloudyU.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook.
Donald Trump endorses 'Pillow Man' Mike Lindell for Minnesota governor
Read full article: Donald Trump endorses 'Pillow Man' Mike Lindell for Minnesota governorPresident Donald Trump has endorsed MyPillow founder Mike Lindell for Minnesota governor, praising him as “one of America’s greatest and most hard working Patriots.”.
US negotiator Brett McGurk will release a book on the Hamas hostage crisis
Read full article: US negotiator Brett McGurk will release a book on the Hamas hostage crisisA lead U.S. negotiator for the release of hostages captured by Hamas during the Oct. 7, 2023, attacks in Israel will have a book out this fall.
Gibraltar ushers in a new era as British territory's border fence with Spain is removed
Read full article: Gibraltar ushers in a new era as British territory's border fence with Spain is removedThe fence separating Gibraltar from Spain has been dismantled to ease travel for thousands who cross daily.
26 Meta employees sue, alleging AI-driven layoff picks hit workers on medical and parental leave
Read full article: 26 Meta employees sue, alleging AI-driven layoff picks hit workers on medical and parental leaveA group of 26 Meta employees has sued the company, claiming it used artificial intelligence systems that disproportionately targeted those on medical or family leave for layoffs.
Subaru issues recall for 541,000 SUVs over label with incorrect weight rating
Read full article: Subaru issues recall for 541,000 SUVs over label with incorrect weight ratingSubaru of America is recalling over 541,000 Crosstrek, Forester and Ascent vehicles in the U.S. due to an inaccurate label.
Bipartisan group of senators introduces legislation to avert looming Social Security shortfall
Read full article: Bipartisan group of senators introduces legislation to avert looming Social Security shortfallLawmakers in the Senate have unveiled a bipartisan proposal to address Social Security's looming insolvency.
Mystery bidder buys T. rex nicknamed 'Gus' for a record $50 million
Read full article: Mystery bidder buys T. rex nicknamed 'Gus' for a record $50 millionA Tyrannosaurus rex fossil billed as one of the world’s largest and most complete specimens has sold for a record $50.1 million at an auction.
Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosed
Read full article: Buffett omits gift to Bill Gates' foundation after Microsoft cofounder's Epstein ties disclosedBillionaire Warren Buffett omitted Bill Gates′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein.
An experimental Alzheimer's drug shows some promise as researchers hunt new approaches
Read full article: An experimental Alzheimer's drug shows some promise as researchers hunt new approachesAn experimental drug might help slow early Alzheimer's disease in a markedly different way than current treatments — by lowering the brain's production of a protein called tau.
Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move
Read full article: Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next moveFederal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the central bank’s next steps.
Earthquake aid keeps flowing from Florida to Venezuela, as volunteers unite to help recovery
Read full article: Earthquake aid keeps flowing from Florida to Venezuela, as volunteers unite to help recoveryEighteen-year-old Alessandra Izaguirre is part of a massive grassroots effort to help Venezuela after devastating earthquakes.
Banks rake in big profits as both Wall Street and the US consumer stay strong
Read full article: Banks rake in big profits as both Wall Street and the US consumer stay strongFive of the biggest U.S. banks reported record profits on Tuesday, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty.
New York won't build big data centers for a year as it weighs energy and climate risks
Read full article: New York won't build big data centers for a year as it weighs energy and climate risksNew York is blocking new large data centers that fuel artificial intelligence for up to a year to protect the environment and energy grid.
US reimposes its blockade on Iran after Tehran's attacks on ships in the Strait of Hormuz
Read full article: US reimposes its blockade on Iran after Tehran's attacks on ships in the Strait of HormuzThe U.S. military has reimposed its blockade of Iranian ports in response to Iran’s attacks on commercial ships in the Strait of Hormuz.
Subpoenas issued to NY Times reporters seen as 'unprecedented' threat to press freedom
Read full article: Subpoenas issued to NY Times reporters seen as 'unprecedented' threat to press freedomMedia advocates have reacted with alarm to subpoenas issued to five New York Times journalists who reported on security concerns about the new Air Force One.
China's June exports surge 27% from a year earlier as AI boom drives strong demand
Read full article: China's June exports surge 27% from a year earlier as AI boom drives strong demandChina has reported its export picked up pace in June, jumping 27% from a year earlier thanks to strong demand from the boom in artificial intelligence.
Inflation cools more than expected in June as gas costs fall, underlying prices ease
Read full article: Inflation cools more than expected in June as gas costs fall, underlying prices easeU.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected.
Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks
Read full article: Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risksHundreds of economists urge immediate action to address AI's potential impact on the economy.
Judge says Trump IRS lawsuit was filed for 'improper purpose,' refers lawyer for possible discipline
Read full article: Judge says Trump IRS lawsuit was filed for 'improper purpose,' refers lawyer for possible disciplineA federal judge says President Donald Trump’s lawsuit against the IRS over his leaked tax returns was filed for an “improper purpose” as she referred one of his attorneys for possible disciplinary action.
Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
Read full article: Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricityAmerican consumers — and the Federal Reserve — are being hit with another high-cost headache.
Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
Read full article: Oil prices jump following the latest fighting in the Middle East, while AI stocks sinkOil prices jumped following a weekend of attacks in the Middle East, while slumping AI stocks weighed on stock markets.
Keystone Pipeline system's operator agrees to pay a $26.9M penalty over a major Kansas oil spill
Read full article: Keystone Pipeline system's operator agrees to pay a $26.9M penalty over a major Kansas oil spillA proposed legal settlement with the U.S. government would require the Keystone Pipeline system’s operator to pay a civil penalty of nearly $27 million over a major oil spill in Kansas in December 2022.
Disney's live-action 'Moana' crashes to shore with an underwhelming splash at the box office
Read full article: Disney's live-action 'Moana' crashes to shore with an underwhelming splash at the box officeDisney's live-action “Moana” may be the top movie at the box office, but it didn't make a big splash in its first weekend.
Focus turns to building stronger institutions in Africa to speed shift to renewable energy
Read full article: Focus turns to building stronger institutions in Africa to speed shift to renewable energyAfrica’s renewable energy transition is entering a new phase as the continent shifts from proving that clean energy works to building the institutions needed to deploy it at scale.
Meta appeals landmark jury verdict that found it to blame for social media addiction for young users
Read full article: Meta appeals landmark jury verdict that found it to blame for social media addiction for young usersMeta, the parent company of Instagram and Facebook, is appealing the verdict of a landmark social media addiction lawsuit in Los Angeles.
Fellow passengers pull back man partly sucked out of broken window on a flight from Greece
Read full article: Fellow passengers pull back man partly sucked out of broken window on a flight from GreeceA passenger on board a flight from Greece to Germany was partially sucked out of a window when it broke soon after takeoff.
SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy
Read full article: SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzyShares of South Korean memory chipmaker SK Hynix rose nearly 13% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence.
US demands Iran publicly state that Strait of Hormuz is open and Tehran won't attack ships anymore
Read full article: US demands Iran publicly state that Strait of Hormuz is open and Tehran won't attack ships anymoreThe U.S. is demanding that Iran make a public statement saying the Strait of Hormuz is open and that ships crossing the vital corridor won’t be attacked anymore.
EU demands Facebook and Instagram dismantle design features it calls addictive for users
Read full article: EU demands Facebook and Instagram dismantle design features it calls addictive for usersThe European Union is accusing Meta of breaching social media laws by designing Facebook and Instagram to be addictive.
New York construction scare highlights the challenges of converting offices into housing
Read full article: New York construction scare highlights the challenges of converting offices into housingThe buckling of two steel columns at the former Pfizer headquarters in Manhattan has raised questions about one of the nation’s largest office-to-apartment conversions.
Andreessen, Chetty among leaders of Fed's new task forces evaluating operations
Read full article: Andreessen, Chetty among leaders of Fed's new task forces evaluating operationsVenture capitalist Marc Andreessen, economist Raj Chetty and former Bank of England governor Mervyn King are among a slate of names released by the Federal Reserve Thursday that will help develop recommended changes to the central bank’s operations.
LA uses World Cup to show off upgraded public transit and test plans to hold car-free Olympics
Read full article: LA uses World Cup to show off upgraded public transit and test plans to hold car-free OlympicsLos Angeles officials have urged fans to chose public transit over driving during the 2026 FIFA World Cup.
Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
Read full article: Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costsThe average long-term U.S. mortgage rate drew closer this week to 6.5%, pushing up borrowing costs for prospective homebuyers.
News outlets urge a judge to sanction OpenAI in a high-stakes AI copyright fight
Read full article: News outlets urge a judge to sanction OpenAI in a high-stakes AI copyright fightThe New York Times, the Daily News and other media outlets are asking a federal judge to impose sanctions on OpenAI, escalating a legal fight over artificial intelligence and copyright that could shape the future of a struggling news industry.
US home prices hit an all-time high as sales slow and mortgage rates rise
Read full article: US home prices hit an all-time high as sales slow and mortgage rates riseSales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to prospective homebuyers’ affordability challenges.
US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
Read full article: US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levelsThe number of Americans filing for unemployment benefits dipped slightly last week as layoffs in the U.S. remain historically low.
PepsiCo says economic concerns weighed on customers in North American during recent quarter
Read full article: PepsiCo says economic concerns weighed on customers in North American during recent quarterPepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic concerns.
Ukrainian drones batter Russian oil facilities and set more oil tankers ablaze
Read full article: Ukrainian drones batter Russian oil facilities and set more oil tankers ablazeUkrainian drones hit more Russian oil facilities and set two oil tankers ablaze in the Sea of Azov, a day after U.S. President Donald Trump pledged to grant Ukraine a license to manufacture the Patriot air defense systems.
Stocks recover losses, and oil prices ease as calm returns to financial markets worldwide
Read full article: Stocks recover losses, and oil prices ease as calm returns to financial markets worldwideStocks rose, and oil prices eased as financial markets calmed a day after President Donald Trump raised doubts about the temporary truce in the war with Iran.
Meta plans billions for first AI data center in Canada, largest outside the US
Read full article: Meta plans billions for first AI data center in Canada, largest outside the USFacebook and Instagram parent Meta said Wednesday it will invest more than 13 billion Canadian dollars ($9.1 billion) to build its first artificial intelligence data center in Canada and its largest outside the United States.
Fed minutes: Officials deeply divided over future path of US inflation
Read full article: Fed minutes: Officials deeply divided over future path of US inflationA Federal Reserve rate-setting committee agreed to keep its key rate unchanged at its meeting last month, though most officials were split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday.
Obamacare premiums surged this year. A new analysis shows it's likely to happen again in 2027
Read full article: Obamacare premiums surged this year. A new analysis shows it's likely to happen again in 2027A new analysis of early rate filings shows that Affordable Care Act insurers are proposing another year of double-digit premium increases.
Polymarket is in a high-stakes race to win back trust as it recommits to the US market
Read full article: Polymarket is in a high-stakes race to win back trust as it recommits to the US marketAfter four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public.
Oil prices rise, and stocks drop worldwide after Trump says ceasefire with Iran is 'over'
Read full article: Oil prices rise, and stocks drop worldwide after Trump says ceasefire with Iran is 'over'Oil prices rose, and stock markets dropped in shaky trading worldwide after President Donald Trump raised doubts about the temporary truce in the war with Iran.
US launches new airstrikes on Iran, with Tehran firing back at 3 Gulf Arab states
Read full article: US launches new airstrikes on Iran, with Tehran firing back at 3 Gulf Arab statesThe United States launched new airstrikes against Iran early Thursday, and Tehran responded by hitting Bahrain, Kuwait and Qatar in crossfire that again threatened an interim deal intended to help end the war.