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Asian shares advanced and the dollar weakened as markets pared back expectations of near-term Federal Reserve rate risks, according to Reuters. The move reflects a shifting read on inflation and the timing of any policy easing.
Attorney General Todd Blanche told NBC he would not pledge that the Justice Department will always act independently of President Trump, sparking a debate over post-Watergate norms.
Nvidia is reducing the credit guarantee it plans to provide for OpenAI's Ohio data center to less than $120 billion, according to reporting from The Wall Street Journal, The Information, and Reuters.
Newly released Department of Homeland Security records show federal agents infiltrated anti-ICE organizing in Minnesota and New York, prompting a debate over whether the effort was legitimate counter-conspiracy work or political surveillance.
Flock Safety's CEO says the company will roll out new privacy and accountability safeguards in January 2027 after months of reports that its license plate readers were misused by officers and quietly queried on behalf of federal agencies.
Jared Kushner is expected to travel to Israel and Egypt next week alongside officials linked to the Board of Peace to advance talks on the Gaza peace plan.
The Producer Price Index was flat in July, below the 0.2% rise economists expected, boosting market bets on a Fed rate cut and reviving the debate over the inflation path.
U.S. consumer prices rose 3.4% in July from a year earlier, down from 3.5% in June, as gasoline eased and core inflation hit a post-pandemic low. Prices still outpace wage growth heading into the midterms.
President Trump announced that White House press secretary Karoline Leavitt will leave her role at the end of August to spend more time with her family and become an outside advisor. Her successor has not been named.
Twitch says users can now stop parent company Amazon from feeding their content into AI training, but the opt-out default has drawn heavy criticism from creators.
Ukraine launched a large aerial and naval-drone strike on the Russian port of Novorossiysk, damaging two grain terminals and warships at the fleet's main harbor. Analysts warned the attack could ripple through global food markets.
The ACLU and co-plaintiffs asked a federal judge to enjoin President Trump's revised birthright citizenship executive order, arguing it defies the Supreme Court's June ruling.