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Fri, Aug 07, 2026 04:50 AM All times are UTC

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Supreme Court Tests Federal Reserve Independence Amid Trump’s Bid to Fire Lisa Cook

| Politics Law

The U.S. Supreme Court is once again at the center of a high-stakes legal battle with major economic implications, as it considers the legality of President Donald Trumps attempt to fire Federal Reserve Governor Lisa Cook....

Fed Faces Fresh Scrutiny After Ex-Governor Adriana Kugler’s Ethics Violations Spark Investigation

| Politics

Former Federal Reserve Governor Adriana Kugler is under heightened scrutiny after government filings revealed multiple violations of the Feds strict ethics and investing rules. Kugler, who resigned abruptly on August 1,...

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

| Politics

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Starmer Criticizes Tariffs on NATO Allies in Call With Trump

| Economy Politics

British Prime Minister Keir Starmer has expressed strong opposition to the idea of imposing tariffs on NATO allies, arguing that such measures undermine collective security efforts. Starmer made his position clear during a...

Trump Calls for “Nationalizing” Voting, Drawing Backlash Over Election Authority

| Politics

President Donald Trump sparked controversy after saying Republicans should nationalize and take over voting in at least 15 unspecified locations, repeating his long-standing and false claims that U.S. elections are plagued...

Colombian Suspect Linked to Senator Miguel Uribe Case Arrested in Argentina

| Politics

Argentine authorities have arrested a Colombian man connected to a key figure in the murder case of Colombian senator and presidential candidate Miguel Uribe, according to official statements released Wednesday. The...

China Opens Door to Stronger U.S. Trade Ties Amid Rising Tensions

| Politics Economy

China has signaled a willingness to deepen economic and trade cooperation with the United States, as Commerce Minister Wang Wentao met with U.S. Trade Representative Jamieson Greer on the sidelines of a World Trade...

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Economy

China Trade Surplus Beats Forecasts in July as Exports Stay Strong

Chinas trade surplus exceeded market expectations in July as exports remained resilient, although faster import growth and softer export momentum pushed the surplus lower compared with the previous month. Official...

Asian Currencies Steady as Markets Await U.S. Jobs Data

Asian currencies traded in a tight range on Friday as investors remained cautious ahead of the closely watched U.S. nonfarm payrolls report. Meanwhile, uncertainty over Iran negotiations and risks surrounding the Strait of...

US Job Growth Seen Picking Up in July

U.S. job growth likely accelerated in July, signaling continued labor market resilience and giving the Federal Reserve room to keep its attention on persistent inflation. Economists surveyed by Reuters expect nonfarm...

Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue

Canadian officials held what they described as a constructive and detailed meeting with U.S. Trade Representative Jamieson Greer in Washington, D.C., on Thursday, as Canada and the United States continue negotiations aimed...

Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises

Asian stocks traded cautiously on Friday as investors awaited crucial U.S. jobs data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, renewed Middle East tensions pushed oil...

Politics

New Zealand MMP Electoral System Faces Fresh Referendum Debate

New Zealands mixed-member proportional (MMP) electoral system is back in the spotlight after Prime Minister Christopher Luxon said he was open to holding a referendum on how the country elects its parliament. The proposal...

Trump Faces Tough Choices as Iran War Drags On

U.S. President Donald Trump is facing increasingly difficult choices as the Iran war enters its sixth month, with diplomacy and the threat of renewed military action offering uncertain paths toward ending the conflict....

US Expands Social Media Vetting to Foreign Journalists Seeking Visas

The U.S. State Department is reportedly expanding social media vetting for visa applicants to include foreign journalists seeking permission to work in the United States, marking another expansion of the Trump...

US-Backed Venezuela Government, Opposition Talks Begin

U.S.-backed negotiations between Venezuelas interim government and a faction of the countrys opposition began Thursday afternoon after nearly a week of delays, marking a new effort to reshape the nations political system...

Russian Strikes on Ukraine Kill Six, Wound Dozens in Balakliia and Sumy

Russian strikes across Ukraine killed at least six people and wounded dozens more overnight, according to Ukrainian regional authorities, as emergency crews worked to extinguish fires and remove debris from damaged...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised

Cloudflare shares surged in after-hours trading Thursday after the cloud connectivity and cybersecurity company delivered stronger-than-expected quarterly results, issued upbeat third-quarter guidance and raised its...

SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns

SoftBank Group (TYO: 9984) reported a stronger-than-expected fiscal first-quarter profit despite higher operating and financing costs, supported by massive investment gains from Intel and its Vision Fund portfolio. For the...

DeepSeek to Raise AI API Prices as Demand for New Models Surges

Chinese artificial intelligence startup DeepSeek has announced plans to significantly increase the pricing of its API services as demand for its latest AI models continues to grow. The company revealed the upcoming change...

SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook

Shares of SK Hynix and Samsung Electronics tumbled on Thursday, leading a broad decline in Asian memory chip stocks after earnings guidance from Sandisk and Western Digital failed to meet investors high expectations. SK...

Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop

Alphabet (NASDAQ: GOOGL) shares dropped as much as 5.4% during Thursdays session after news emerged that longtime Google AI leader Jeff Dean is leaving the company to launch a new artificial intelligence startup, adding to...