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The Latest Breaking News from United States

EVs Are Big Winners of the Iran War—Just Not American Ones

The Iran war's oil shock highlights a global energy divide: Record U.S. oil production insulates domestic markets while global EV adoption rapidly accelerates.

MarketBeat

Your Next Pay Rise Could Feel Like A Pay Cut: UK Employers Expect Smaller Pay Rises Next Year

British employers expect smaller pay raises in 2027 due to economic pressures, with 42% predicting 2-3% increases. This cautious approach reflects higher costs and a weaker economic outlook.

International Business Times UK

Donald Trump cancels housing bill signing to pressure Republicans on voting bill

President Trump has postponed a housing bill signing to push Republican senators for passage of his voting restrictions, the SAVE America Act. Despite his efforts, the bill faces significant hurdles in the Senate due to the filibuster rule, with many Republicans acknowledging the difficulty in securing enough votes. This move…

The Economic Times

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Apple-Intel chip deal makes strategic sense but production is years away

Apple is reportedly turning to Intel for chip manufacturing, a move driven by TSMC's inability to meet surging AI demand and Apple's need for more capacity. This partnership, however, faces significant hurdles, with analysts predicting it could take two to three years for advanced chips to be ready. Intel's past…

The Economic Times

Crude Oil Prices Sink as Global Oil Supplies Recover

August WTI crude oil (CLQ26 ) today is down -3.02 (-4.13%), and August RBOB gasoline (RBQ26 ) is down -0.0842 (-2.95%). Crude oil and gasoline prices are falling sharply today, with crude oil posting a 3.5-month low. Today’s rally in the dollar index ($DXY ) to a 13-month high is...

Barchart

NATO’s Trump whisperer visits the White House after Hegseth’s European forces declaration

IN FULL

The Independent UK

Maharashtra CM meets Amazon CEO, invites company to invest in data centres, healthcare

Maharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy, urging investment in the state's data centres, healthcare, and AI-driven skill development. Fadnavis highlighted Maharashtra's ambition to double its economy by 2030 and its commitment to leveraging AI for public services. The state is fostering a robust ecosystem for tech…

The Economic Times

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Former youth pastor accused of killing wife of 20 years after her fatal fall at Zion National Park

Bernadette Vander Meer fell to her death in 2006 while hiking Angels landing, a strenuous trail in Zion National Park

The Independent UK

Businesses often row back on ethics when times get tough. Here’s how technology can keep them on track

Five carmakers are involved in a case at the High Court in London over claims that they cheated on emissions tests. A decade ago, the “dieselgate” scandal broke, eventually forcing Volkswagen to pay billions of euros in fines and settlements. These carmakers (Mercedes, Ford, Peugeot/Citroën, Renault and Nissan) have all…

The Conversation

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian markets rallied on Wednesday, with Sensex and Nifty gaining up to 1% amid easing crude prices, supportive global cues and optimism over India-US trade talks. Analysts highlight key technical levels for Nifty, while stock-specific action was seen in banking, IT, infrastructure and midcap counters across NSE trading data.

The Economic Times

Stocks Rally as Falling Crude Prices Knock Bond Yields Lower

The S&P 500 Index ($SPX ) (SPY ) today is up +0.72%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. September E-mini S&P futures (ESU26 ) are up +0.56%, and September E-mini Nasdaq futures...

Barchart

Musk’s SpaceX adds billions in debt while cutting interest

Elon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while lowering annual interest costs. This strategic financial maneuver leverages SpaceX's strong revenue streams from Starlink and government contracts to support the ambitious, cash-burning AI ventures.

The Economic Times

Trump fumes as Mamdani-backed 'communists' topple incumbents in New York primaries

US President Donald Trump lashed out at the growing influence of New York Mayor Zohran Mamdani after a trio of progressive candidates backed by the democratic socialist leader scored major victories in New York’s Democratic congressional primaries.

The Times of India

Iran war pushes climate movement into action as it gathers in sweltering London

IN FOCUS: Record June heat and ongoing impacts of the closure of the Strait of Hormuz instil renewed sense of purpose as more than 100,000 people gather for London Climate Action Week. Nick Ferris reports

The Independent UK

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The Guardian - US

Trump says he’s ordered investigation into oil companies over alleged price gouging

Trump says he instructed justice department to investigate oil firms over high gas prices amid Middle East conflict

International Business Times

Trump Targets Oil Industry, Demands DOJ Investigation Over Gasoline 'Gouging'

President Donald Trump has accused major oil companies of "gouging" American consumers by failing to lower gasoline prices fast enough as oil prices drop following the reopening of the Hormuz Strait.

Latin Times

DOJ Drops Subpoenas Targeting Journalists in Classified Leak Investigation After Press Freedom Backlash

The U.S. Department of Justice has withdrawn subpoenas that sought to force reporters from The Washington Post and The Wall Street Journal to testify before a federal grand jury as part of an investigation into leaks of classified information, marking a significant reversal in one of the Trump administration's most…

The Independent UK

AOC’s two-word retort to Trump over his Reflecting Pool ‘swamp’ is the ultimate DC clapback

As fencing goes up around the algae-green waters of the White House’s latest quagmire, Trump’s critics are reveling in his misfortune

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The Economic Times

Trump gets trapped between 'rockets and feathers', squirms for exit

US President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices artificially high despite a recent fall in crude oil prices. The move reflects frustration that fuel prices have not dropped as quickly as he had promised after tensions with Iran…

International Business Times UK

Is Elon Musk Still a Trillionaire? SpaceX Filings Reveal Businessman Racked Up $12.7bn AI Bill Before Stock Plunge

Elon Musk's net worth falls below $1 trillion due to SpaceX's stock decline and AI investments, highlighting market volatility and investor concerns over long-term profitability.

The Times of India

Who is Vinod Doddamani? Indian-origin immigration attorney in US faces $250,000 fine over fraud claims involving Indian nationals

An Indian-origin immigration attorney based in US is facing a fine of more than $250,000 after federal authorities accused him of filing fraudulent asylum documents on behalf of clients.

The Independent UK

July 2026 payment dates for universal credit, benefits and pensions plus cost of living support

All the essential cost of living information whether claiming benefits or not

Reason

Is AI Really Taking All the Jobs? Anthropic Co-Founder Reveals the Data.

Jack Clark discusses Anthropic's regulatory fights, the possibility of recursive self-improvement, and how AI could reshape the economy.

TechRadar

I'm using the Legend of Zelda: Ocarina of Time remake as an excuse to deck out my gaming station with the Zelda Lego, best Nintendo Switch 2 accessories and merch — here are my top picks as a super-fan

The Legend of Zelda: Ocarina of Time is my all-time favorite game — these are the Nintendo Switch 2 accessories and merchandise I'm shopping for until the game releases

TechRadar

'We hope to sign the agreement soon': White House calls on Meta to submit AI models for review, citing abilities and vulnerabilities evaluation

OpenAI, Google and others all submit their latest models for White House review – Meta urged to do the same.

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