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The Latest Breaking News from International Business Times

The Iran War Continues Depleting The U.S.'s Arsenal. It Has Reportedly Lost a Quarter Of Its Reaper Drones.

The U.S. military lost at least 45 such drones during the war. Each one can cost between $30 million and $50 million.

International Business Times · Aug 14

Vice President JD Vance Says The Administration Has a New Primary Goal In The Iran War

Vance said the main goal is "keeping oil and gas cheap for Americans all over our country." The second one is preventing Iran from getting a nuclear weapon.

International Business Times · Aug 14

U.S. To Focus On Applying Economic Pressure On Iran As War Drags On: 'Never Been Seen'

Treasury Secretary Scott Bessent said tactics will focus on economic isolation and the continued blockade of the country's ports in the Strait of Hormuz.

International Business Times · Aug 14

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Inflation Eased Again in July. But The Middle East Energy Shock Is Putting The Relief at Risk.

The Consumer Price Index rose just 0.1% in July after declining 0.4% in June, and annual inflation eased to 3.4% from 3.5% the previous month. PPI prices were also below expectations.

International Business Times · Aug 14

Almost Half Of U.S. Young Adults Have Positive Views Of Democratic Socialists, Poll Shows

Despite the narrow defeat of democratic socialist Francesca Hong in the Wisconsin governor's primary, a new poll shows the leftist movement has strong support among young voters.

International Business Times · Aug 14

Many Young People Think AI Is Taking Their Jobs. But Data Suggests It Is Not Massive Yet.

More than a quarter of young people think AI is costing people jobs, even though the impact of the technology on job loss remains relatively small so far.

International Business Times · Aug 14

XRP at a 52-Week Low: Is the $3 Price Prediction Dead for 2026?

XRP trades near $1.02 on August 14, and this week it did something it hadn't done all year: it printed a 52-week low of $0.9923, briefly losing the $1 line that held through every panic since 2024.

International Business Times · Aug 14

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CBP Workers Reportedly Used Government Databases To Track Exes and Romantic Interests.

The documents were acquired through Freedom of Information Act requests to CBP and the Department of Homeland Security's Office of Inspector General, and cover more than a decade of allegations.

International Business Times · Aug 14

Global Chaos Hasn't Stopped Shipping. Executives Are Marveling At The Industry's Resilience.

CEOs from two of the world's largest shipping companies are saying that the industry has shown resilience in the face of challenges such as the Iran war.

International Business Times · Aug 13

Scientists Are Racing To Build a 'Virtual Cell' As AI Could Help Test Drugs Before They Reach The Lab

Virtual cells could allow researchers to eliminate weaker drug candidates before costly laboratory experiments, though scientists still face challenges involving data quality and real-world validation.

International Business Times · Aug 13

Trump-Linked Oil Venture Delays Greenland Drilling Over Government Warning

The setback comes as President Donald Trump renews his push for U.S. control of Greenland and the Arctic territory maintains restrictions on new oil exploration.

International Business Times · Aug 13

North Koreans Infiltrated American Companies; Workers Sent Paychecks Back to Pyongyang: Report

North Korean IT workers are obtaining Americans' personal information and use those identities to pass employment screenings and apply for jobs within the United States to send revenue back to Pyongyang, according to a new report.

International Business Times · Aug 13

The Latest Inflation Data Showed More Encouraging Signs. Stocks Climbed To Fresh Records.

The S&P 500 topped 7,800 for the first time ever.

International Business Times · Aug 13

Anthropic Has Filed For An IPO But Has Not Yet Discussed a Valuation: Report

The company confidentially filed its prospectus with the SEC in June.

International Business Times · Aug 13

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International Business Times · Aug 13

Goldman Sachs Has Made a $2.25 Billion ETF Deal. Bitcoin And Ethereum Funds Come With It

The Wall Street bank is buying NEOS Investments, adding $30 billion in assets and an established lineup of options-based income ETFs to its growing asset management business.

International Business Times · Aug 13

The World Is Running Short on Diesel. Major Conflicts Are Making It Worse.

A new analysis found that refineries worldwide processed 7.5 million fewer barrels of crude per day last month than during the same period last year.

International Business Times · Aug 13

Gold Keeps Rebounding As China's Buying Spree Helps Fuel the Rally

The rally marks a significant turnaround for an asset that had struggled following the outbreak of the war with Iran despite its traditional reputation as a haven.

International Business Times · Aug 13

The Financial Reset: A Practical Framework for Regaining Control of Household Debt

A practical guide to managing household debt, creating a realistic budget, building savings, and developing sustainable strategies to regain control of your finances.

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International Business Times · Aug 13

The U.S.-Iran Stalemate Over The Strait Of Hormuz Continues. Oil Prices Are Edging Down Anyway.

Oil prices are edging down on Wednesday even though the stalemate over the Strait of Hormuz continues.

International Business Times · Aug 13

Anthropic Reportedly Eyes $6 Billion Deal For Nvidia-Backed Decart AI Ahead Of Its IPO

The Claude maker is considering its largest acquisition yet as it seeks technology that could help lower the computing costs of running AI models.

International Business Times · Aug 13

AI Is Quietly Becoming Part Of Congress' Workforce While Lawmakers Are Still Figuring Out The Rules

Congressional offices are adopting AI for tasks ranging from summarizing bills to preparing amendments even as lawmakers are debating privacy, accuracy and safety concerns surrounding the technology.

International Business Times · Aug 13

U.S. Sends Back $33.4 Billion in Tariffs in July. Refunds Now Top $100 Billion.

The U.S. government refunded $33.4 billion in tariffs to businesses in July, pushing total repayments above $100 billion since the Supreme Court struck down President Donald Trump's sweeping emergency tariffs earlier this year.

International Business Times · Aug 13

Saudi Arabia Scrambles to Avoid Red Sea Attacks. Oil Flows Through Egypt Soar.

Oil exports from Egypt's Mediterranean port of Sidi Kerir have more than doubled in August, reaching about 2.3 million barrels per day compared with roughly 1 million bpd in July.

International Business Times · Aug 13

Trump's Portfolio Has Made Many Trades Since Returning To The White House. Democrats Want Information.

Two Democratic lawmakers are seeking information about Trump's financial disclosures, including stock trades made in his name since he returned to the White House.

International Business Times · Aug 13

Wholesale Prices Were Better Than Expected In July. Expectations Of a Rate Hike Decreased Further.

Expectations for an interest rate hike from the Federal Reserve decreased even further after wholesale inflation remained flat in July.

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