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The Latest Breaking News from International Business Times

Iran Officially Buries Remains of Defunct Truce With US. Middle East Flare-up Swallows Civilian Infra Targets

The US attacks, which also marked a targeting of civilian infrastructure by the warring parties, also left 10,000 people without water after a desalination plant was hit, Iran said. Iran's retaliation also targeted civilian infrastructure, a war crime under international humanitarian law.

International Business Times

Alien Contact in 2028? Here's Why A Time Traveller Claims Aliens Do Not Come From Outer Space

A self-proclaimed time traveller claims aliens will make contact in 2028, sparking online debate. His assertions, made during a polygraph test, include future technological and societal changes.

International Business Times

US Seeks Pledge On Easing Import Norms. EU Not Keen To Play Ball

The EU has the largest trade deficit in goods of any trading bloc with the US, at $226.46 billion. Brussels flags Washington's $203 surplus in services.

International Business Times

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Why the AI Chip Boom Just Forced South Korea to Raise Interest Rates

Bank of Korea hikes interest rates to 2.75% as massive AI semiconductor exports push inflation past 3%. See how the move will impact mortgage rates.

International Business Times

South Carolina Tattoo Rules Face First Amendment Lawsuit Over Face And Neck Ink Ban

A federal lawsuit challenges South Carolina's bans on tattoos above the shoulders and near churches, arguing these restrictions violate First Amendment rights and hinder artistic expression.

International Business Times

Why China Just Offered 5,000 AI Training Opportunities to Developing Nations

Xi Jinping counters US chip bans with 5,000 AI training slots for developing nations as the US-China tech rivalry intensifies. Inside Beijing's new push.

International Business Times

Home Alone 2: Lost in New York Star Brenda Fricker Dies at 81. Cause of Death Not Disclosed

Oscar‑winning Irish actor Brenda Fricker has died aged 81, with her agent confirming the news but not the cause of death.

International Business Times

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Palantir CEO Predicts AI Will Make Him $300B While Workers Get Left Behind

Palantir CEO Alex Karp warns AI will hyper-enrich tech owners with $300B fortunes, leaving middle-class workers with modest gains. Read his prediction.

International Business Times

Ford Recalls 288,000 Explorers Over Roof Rails That Can Fly Off at Highway Speeds

Nearly 290K Ford Explorers recalled over flying road hazard risks. Check your VIN online today to schedule a free fix before August notices ship.

International Business Times

Trump Fumes As Canadian Wildfire Smoke Swamps US. Is Another Tariff War About To Rage

President Donald ‌Trump waded into the tariff territory again by toying with the idea of slapping a fine on Canada, holding it responsible for smoke billowing from wildfires raging in the northern neighboring country that has swamped many parts of the US.

International Business Times

Critical FortiSandbox Exploits Threaten Enterprise Security Trust Chains

CISA warns of active exploitation of critical FortiSandbox root-access flaws. Federal agencies ordered to patch or isolate systems by July 19.

International Business Times

Report Says Google's AI Overview Poses Risk To Children. And Parents Can't Switch It Off

Google's AI Overviews failed child safety tests and pose an "unacceptable risk" to children, according to a nonprofit organization that evaluates AI products.

International Business Times

Iraq And Syria Have Signed A Deal To Restore A Major Oil Pipeline. It Would Create An Alternative To The Strait Of Hormuz.

The proposed project would restore the pipeline connecting the oil-rich city of Kirkuk in northern Iraq with Syria's Mediterranean coast.

International Business Times

'No One Thinks The Mayor Makes Too Little': Zohran Mamdani Rejects Sizeable 18% Pay Rise

New York City Mayor Zohran Mamdani has refused an 18% pay rise approved by the City Council, rejecting nearly $50,000 extra a year as he pushes an anti‑waste, pro‑tenant agenda.

International Business Times

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International Business Times

US-Iran Strikes Now Target Power, Water Facilities. Peace Hopes Recede

The US and Iran continued the relentless attacks and counterattacks on infrastructure and military targets on Saturday, as their battle over the Strait of Hormuz intensified, plunging the ceasefire to abysmal depths. A return to negotiations is not being talked about.

International Business Times

XRP Search Interest Hits All-Time Low One Year After Its $3.65 High

Exactly one year ago today, on July 18, 2025, XRP printed its all-time high of $3.65, and the world could not stop Googling it. Worldwide XRP search interest hit a perfect score of 100 that same week, the euphoric peak of a rally years in the making.

International Business Times

Florida Man Accused Of Hiding Crypto-Stealing Malware In Steam Games. Federal Agents Say Thousands Of Devices Were Infected.

Federal authorities have arrested a 21-year-old Florida man accused of participating in a scheme that allegedly used malware-infected video games to steal cryptocurrency from gamers.

International Business Times

The Great Wealth Transfer Has Been Pegged at $105 Trillion. One Study Says That's an Overestimation

A new report estimates that $36 trillion in baby boomer wealth will be transferred to Generation X and millennials over the next 20 years.

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International Business Times

BP And ConocoPhillips Are Pouring Billions Into Iraq. The Bigger Goal Is Reducing Iran's Energy Influence.

ConocoPhillips has agreed to acquire a 42% stake in BP Energy Company of Kirkuk Limited, expanding its footprint in northern Iraq at a time when the United States and Iraq are working to strengthen energy ties and reduce the region's dependence on routes vulnerable to disruption.

International Business Times

Meta May Have Found A New AI Business. Anthropic Is Reportedly Considering Paying Up To $10 Billion For Computing Power.

Meta Platforms is in talks to lease computing power from its artificial intelligence data centers to Anthropic in a deal that could be worth as much as $10 billion over two years, according to a new report.

International Business Times

Short Sellers Target SpaceX Stock While Its Investment-Grade Debt Trades Like Junk Bonds

SpaceX has raised tens of billions from investors, but its plans for AI infrastructure, Starlink expansion and advanced manufacturing could require over $200 billion over the next decade.

International Business Times

SpaceX's Stock Has Fallen Below Its IPO Price. Now It Has 'Dampened the Mood' For Other IPOs

Shares of Elon Musk's rocket and satellite company traded near $126 on Friday, about 7% below their $135 IPO price and more than 40% below their all-time intraday high of $225.64.

International Business Times

Stocks Fell Again Dragged By Chipmakers and U.S.-Iran Tensions, Wall Street Capped a Weekly Decline

Stocks fell on Friday and capped a negative week as chipmakers continue to drop.

International Business Times

Jefferson Davydd on Why Growth Sports Properties Are the Next Great Asset Class

According to sports business advisor Jefferson Dafydd, the next wave of value in sports won't come from buying at the top. It will come from building earlier. Before the valuations peak. Before the structure is fully formed. Before the market agrees on what the asset is worth.

International Business Times

AI Stock Losses Prompt Crackdown On Leveraged ETFs In South Korea

South Korean regulators freeze new single-stock leveraged tech ETFs and triple retail margin requirements after extreme "Roller KOSPI" volatility driven by retail AI bets decouples from Samsung and SK Hynix's stable earnings.

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