United States

Iran has restricted shipping traffic through the critical Strait of Hormuz, an action following a projectile strike on a vessel. This geopolitical tension is fueling energy market volatility, causing diesel prices to surge across the United States. Economists warn that high energy costs will eventually be passed along to consumers, raising particular concerns about food prices.

SoftBank invested two-thirds of its U.S. stock portfolio into Intel, a fact revealed by an SEC filing. As of June 30, the Japanese investment group held 86.9 million shares of Intel. This substantial holding, valued at $12.1 billion, dwarfed all other U.S. equity positions within its portfolio.

The United States and Canada are holding intense last-minute talks to prevent President Donald Trump from imposing 50% tariffs on $20 billion worth of Canadian products. This effort comes amidst decades of trade wrangling, where the U.S. is pressuring Canada to buy more American military equipment and access critical minerals. Negotiations aim to find a truce for both countries, who are wary of the potential economic fallout from high new tariffs.

US equity futures fell and long-dated bond yields rallied as borrowing rates rose globally amid concerns over inflation, government spending, and the AI bond binge pile up. Separately, President Trump stated he has no interest in extending the truce agreement with Iran, while Katrina Dudley discussed the global bond selloff.

Iran failed to reach a final deal with the U.S. by Monday’s deadline, leaving disputes over Tehran’s nuclear program and the Strait of Hormuz unresolved. Although Iran announced an understanding with Oman on a commercial transit route through the strait, the plan cannot take effect without U.S. approval, and tensions escalated as both sides resumed military action.

Following the collapse of a US-Iran ceasefire, stocks were pressured as oil climbed and the 30-year Treasury yield hit its highest level since 2007. Chip stocks specifically dragged Nasdaq futures lower.

Pakistan's Supreme Court ordered authorities to take imprisoned former Prime Minister Imran Khan to a private hospital in Islamabad for a medical examination, citing concerns about his health and access to care. The court also mandated that prison officials allow him weekly meetings with family members and telephone calls with his sons. This order followed months of petitions from Khan’s side regarding his medical treatment and right to visit family.

Stocks fell due to a bond selloff and rising oil prices, contributing to overall risk aversion. Equity markets are struggling because of high global borrowing costs, which are driven by inflation and government spending needs. Furthermore, diminishing prospects for peace between the US and Iran reinforce expectations that central banks will tighten monetary policy.

Home Depot reported strong performance in its fiscal second quarter, with revenue reaching $47.86 billion—beating Wall Street expectations—due to customers focusing on smaller projects despite a slump in the U.S. housing sector. For three months ended Aug. 2, the company earned $4.77 billion and plans to launch nationwide express delivery service within three hours or less. Despite its solid results, Home Depot maintained its earlier sales growth guidance for fiscal 2026.

The U.S. 30-year Treasury yield reached its highest level since 2007 amidst a global bond sell-off. The fixed income sector is being affected by concerns about inflation and increased debt supply.

The article asserts that AI phobia has become America’s new consensus. It further reports that Trump is characterized as being uncharacteristically deaf to the fears expressed by voters concerning this technology.

Donald Trump has promoted new data showing that U.S. prescription drug prices fell 0.8% in July and are down 3.1% compared to a year ago. The title notes that while these drops suggest improvements, the actual reason behind the decline is complex.

The United States and Canada are currently engaged in intensive negotiations to prevent Donald Trump from imposing 50% tariffs on $20 billion worth of Canadian products. This effort comes amid tensions driven by Trump's tariff agenda, which marks a departure from the two allied nations' traditionally cooperative relationship. Both countries are seeking an off ramp while negotiating key issues such as critical minerals access and trade relief for commodities like steel and softwood lumber.

India has initiated consultations with the US at the World Trade Organization regarding tariffs imposed by the White House on quartz products. This action adds to existing friction between the two countries, which currently lack a trade deal.

Home Depot reported that its sales increased in the second quarter to $47.86 billion, surpassing Wall Street's expectations for the period. The company earned $4.77 billion for the three months ended Aug. 2 and announced an express delivery service nationwide. Despite solid performance, Home Depot maintained its earlier guidance of between 2.5% and 4.5% sales growth for 2026.

Home Depot reported improved second quarter sales, with revenue increasing to $47.86 billion and earning $4.77 billion for the three months ended Aug. 2. The company credited this success to broad-based demand as customers continued focusing on smaller projects. This strong performance occurs while the U.S. housing market remains pressured by rising mortgage rates and slowed existing home sales.

Home Depot reported improved sales for the second quarter, reaching $47.86 billion as customers focused on smaller projects. The company's strong quarterly performance was highlighted by a 1.3% rise in U.S. comparable store sales and an earnings per share of $4.92, exceeding Wall Street predictions. This solid result comes despite pressure from the housing market slump due to climbing mortgage rates.

The small twin-engine plane that transported Sinaloa cartel bosses to U.S. custody is now displayed at a New Mexico aviation museum. This exhibit is located inside the hangar of the airport where the plane originally landed.

A new analysis indicates that refugee admissions to the United States are on pace to hit their lowest record level during the first 10 months of the fiscal year. This steep decline has been noted since President Donald Trump began his second term, and the administration has capped refugee admissions for fiscal 2026 at 17,500. Historically, the U.S. admitted significantly higher numbers of refugees in previous years.

Trump and Vance provided differing answers concerning the reasons why the United States is waging war with Iran. This disagreement highlights a divide between the two individuals regarding the conflict.

A survey found that 70% of U.S. teens now use generative AI for schoolwork, with students reporting using it both as a support tool and by going directly to chatbots for answers. However, fewer than one in three teens reported discussing safe use of AI with a teacher, and only one in four discussed determining the accuracy of AI-generated information. Experts warn that AI must not become a substitute for students doing intellectual work.

Due to low approval ratings, Republicans may face an electoral beating in November and need a new strategy inspired by Obama’s successful 2012 campaign. One such model suggests that Republicans convince voters that current affordability issues are inherited from Democratic rule, potentially making the crisis worse if power returns to those architects. Another strategy involves addressing America's economic challenges.

Measles cases reached a milestone as of July 23, surpassing any year since 1991, with over 4,850 infections reported since last year and three deaths recorded. The article notes that measles is highly contagious and often the first vaccine-preventable disease to strike when immunization rates drop. Concerns are raised over recent governmental shifts that have sown doubt about vaccination safety.

Internal emails reveal that ICE agents collaborated with Iranian government officials to deport over 100 Iranian nationals, directing the flights while the United States planned for wartime action against Iran during the Twelve-Day War. The coordination marked a policy reversal from previous protection given to Iranians in the U.S., and activists criticized the timing as particularly cruel. The documents show high pressure from Trump administration officials regarding these deportation efforts.

An unidentified projectile damaged a ship's engine room and caused a crew casualty while it was transiting the Strait of Hormuz off Oman. The attack underscores persistent danger in the waterway as Iran manages negotiations with Oman to regulate passage. Separately, Turkish President Recep Tayyip Erdogan urged U.S. President Donald Trump to continue seeking a diplomatic resolution for the conflict with Iran.

Kraken is expanding its services by bringing access to US stock trading for customers located in the European Economic Area.

South Korea’s president stressed that a solid alliance with the U.S. strengthens national security in response to U.S. President Donald Trump's order to substantially reduce joint military exercises. The surprise announcement was made just before annual Ulchi Freedom Shield exercises, prompting concerns about the reliability of the US-South Korean alliance. Critics noted that Trump’s move apparently did not involve South Korea and was attributed to his relationship with North Korean leader Kim Jong Un.

US stock-index futures dropped due to rising bond yields and a spike in oil prices. These economic factors unnerved investors, causing the decline.

South Korean President Lee Jae Myung stated that a solid alliance with the United States strengthens national security. This emphasis came while many were reportedly baffled by an order from Trump to cut military exercises.

The US and Canada held last-minute talks to prevent 50% U.S. tariffs on $20 billion worth of Canadian goods. Tension between Washington and Ottawa is high due to trade disputes, which was exacerbated by President Donald Trump's comments about making Canada the 51st U.S. state.

Burger King is depicted as taking a bite out of McDonald’s lunch in the fast food industry. The rival company has invested roughly $2bn in its US business over the past four years.

Edward Zimbardi faces US charges related to allegations of running a crypto Ponzi scheme, involving the collection of funds from thousands of investors. Prosecutors further allege that he lost over $34 million on currency trades and spent at least $10 million personally. These accusations followed his deportation from Fiji.

Authorities are searching for three individuals—Drake Milam, Portia Bancroft, and Angela Garrett—who are suspected of stealing family heirlooms from deceased people’s niches in cemeteries across at least eight states. These accused 'tomb raiders' have been observed taking valuables like jewelry from mausoleums in multiple locations including Florida, Georgia, Iowa, North Carolina, Oklahoma, Minnesota, Texas, and New York. The Orange County Sheriff’s Office is urging anyone with information about their whereabouts to contact them.

A recent study claimed that Virginia is among the worst states for women's equality. The report identifies Virginia as ranking poorly regarding gender equality within America.

A recent study claims that Virginia ranks among the worst states in America regarding women's equality.

The White House plans to better safeguard its solar industry while ending a tariff dodge. However, this effort faces an uphill battle in attempting to become competitive with China.

President Donald Trump allegedly threatened to bomb Oman if the country obstructs developments with Iran. This threat arises as a 60-day US-Iran truce is due to expire on Monday without an agreement detailing how the Strait of Hormuz should be managed.

U.S. stock futures edged lower on Monday morning. This dip occurred after the S&P 500 had closed at a record last week. The previous strong performance was attributed to second-quarter earnings.

The water level at Lake Powell, designated the United States' second-largest reservoir, has fallen to a record low. This situation heightens concerns regarding the ongoing crisis in the Colorado River system and threatens key water and electricity supplies for millions.

The water level at Lake Powell has fallen to a record low, which heightens concerns about the ongoing crisis in the Colorado River system. Lake Powell is noted as the United States' second-largest reservoir.