World Politics
US and Iran Trade Fresh Airstrikes as Fears of Wider War Grow
American and Iranian forces exchanged strikes overnight, with Tehran targeting US interests in Jordan, Kuwait, Bahrain and Iraq after fresh US strikes on the IRGC.
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- World Politics
Carney's Liberals Flip a Quebec Seat as Byelections Reward Trade Standoff With Trump
Mark Carney's Liberals swept three Canadian byelections, flipping a Quebec seat from the Conservatives and preserving the government's narrow majority after trade negotiations with the Trump administration broke down.
- Tech & Power
FTC and 22 States Sue Amazon, Alleging It Secretly Rigged $20 Billion Ad Auction
The Federal Trade Commission and 22 state attorneys general accuse Amazon of secretly manipulating its ad auction to overcharge sellers by roughly $20 billion. Amazon calls the case meritless.
- Economy & Money
Shein debuts in Hong Kong at $26 billion, a fraction of its 2022 peak
Shein began trading in Hong Kong on Tuesday at a $26.2 billion valuation, down from nearly $100 billion in 2022, after failed listing attempts in New York and London.
- U.S. Politics
House Races to Pass Stopgap Funding Bill, With Hemp THC Delay Dividing Republicans
House Speaker Mike Johnson is pushing a Senate-modified stopgap funding bill to a fast-track vote to avert a shutdown before the midterms, with a hemp THC provision drawing Republican pushback.
- Tech & Power
Australia Passes Law to Force Google and Meta to Pay for News or Face New Levy
Australia's parliament approved a roughly $215 million annual levy on large digital platforms that fail to pay local news outlets, extending a 2021 framework that Google and Meta increasingly refused to renew.
- Economy & Money
Bessent Presses Treasury Levers to Tame Bond Market Selloff
Treasury Secretary Scott Bessent is deploying activist debt-management tactics to counter a bond market selloff in the $32 trillion Treasury market, drawing praise from allies and warnings from critics who see political interference in borrowing costs.
- World Politics
Israel Opens Bidding on E1 Settlement as Five Nations Demand a Halt
Israel advanced its long-frozen E1 settlement plan by issuing construction tenders, prompting five Western governments to jointly demand a reversal over fears it would sever the West Bank in two.
- U.S. Politics
Federal Agents Seize Swalwell's Devices in Sexual Misconduct Investigation
Federal agents seized electronics from former Rep. Eric Swalwell and searched his D.C. home as part of a sexual misconduct probe, according to an AP source. Swalwell resigned in April and denies the allegations.
- Economy & Money
Fed Minutes Show Officials Weighing a Rate Hike as Inflation Lingers
Newly released minutes of the Federal Reserve's July meeting show a widening group of officials prepared to raise interest rates if inflation stays elevated, marking a notable shift in tone.
- Tech & Power
Apple's Camera-Equipped AirPods Slip Into View a Year Early After macOS Leak
A macOS preview build appears to have exposed several unreleased Apple products, including AI-powered AirPods with cameras. Bloomberg says the 2027 launch window is unchanged.
- World Politics
Israel Opens Criminal Probe After Admitting Troops Fired on Car Carrying Hind Rajab
The Israeli military reversed its earlier denials and confirmed its troops fired on the vehicle carrying five-year-old Hind Rajab, opening a Military Police Criminal Investigation Division probe into her death and the killing of two paramedics sent to rescue her.