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The Latest Breaking News from United States

Burger King gets 'whopping' success while McDonald's struggles: What is happening in burger market as Americans move away from junk food

Burger King's US sales increased significantly last quarter, marking five consecutive periods of growth. This surge followed investments in advertising, remodels, and menu upgrades, including a revamped Whopper. Limited-time offers, such as a Star Wars tie-in, also attracted more customers to the restaurants. In contrast, McDonald's US business experienced its…

The Economic Times

US economy lost 23,000 jobs in July in surprise blow to Trump – as it happened

Rolling coverage of the latest economic and financial news, as US job report dramatically misses expectations

The Guardian - UK

Hormuz uncertainty pushes landed costs up to 50%, raising risk of higher consumer prices

The escalating unrest near the Strait of Hormuz is causing a notable spike in shipping expenses for businesses in India. An increase in freight rates and additional war-risk charges are complicating overall costs, which are now trickling down to consumers.

The Economic Times

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Who Was Behind the Burglaries at Travis Kelce and Patrick Mahomes' Homes? Report Links Thefts to South American Crime Ring

US authorities are pursuing extradition of two Chilean nationals linked to burglaries at NFL stars' homes, including Travis Kelce and Patrick Mahomes, as part of a South American crime ring investigation.

International Business Times UK

Gold prices jump Rs 6,400/10 grams this week, silver soars Rs 11,502/kg amid peace deal optimism. Big rally ahead?

Gold and silver prices climbed on the MCX on Friday, extending their recent gains as easing oil prices and expectations around U.S. interest rates supported sentiment. Investors are now awaiting the U.S. nonfarm payrolls report for clues on the Federal Reserve's next policy move, while analysts advise caution ahead of…

The Economic Times

What can Dublin teach us? Milburn goes on a quest to solve youth jobs crisis

The former UK minister discovers how apprenticeships and support networks helped slash Ireland’s Neet rate

The Guardian - UK

Australia grants citizenship to two Iranian women footballers who sought asylum

The Refugee Council of Australia, a nonprofit umbrella organisation representing asylum-seekers, said refugees usually must live in Australia on a valid visa for four years before they can apply for citizenship.

Euronews

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Scientists use AI to create viruses that don’t exist in nature for the first time

Scientists have designed and created new viruses using artificial intelligence. These AI-designed bacteriophages successfully replicated and killed E. coli bacteria. This breakthrough marks a significant advancement in synthetic biology and potential medical applications. The technology could aid in developing new treatments for antibiotic-resistant infections.

The Economic Times

From Diwali to Marine One: Why Trump keeps coming back to grass

Grass has become one of the more unexpected recurring themes of Donald Trump’s second presidency. It has surfaced not only when the US president talks about golf or the White House grounds, but during discussions and events involving TikTok, quantum technology, Diwali, Thanksgiving turkeys and even the World Economic Forum.

The Times of India

US Stock Market: SpaceX shares gain as first lockup expiry more than doubles tradable float

SpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest session since the company joined the Nasdaq 100 on July 7. The rally came despite the first of several scheduled lockup expiries, which more than doubled…

The Economic Times

Global Market: Japan stocks fall over 1% as chip shares tumble, SoftBank declines despite earnings beat

Japan's Nikkei fell over 1% on Friday, dragged down by a selloff in AI and semiconductor stocks, even as the broader Topix stayed roughly flat. SoftBank Group was a key laggard, dropping 4.3% despite posting a smaller-than-expected 18% profit decline for the quarter, investors weren't convinced the results were strong…

The Economic Times

Iran-US war latest: Tehran demands compensation from Trump to reopen Strait of Hormuz

Iran has warned the Strait will remain shut until the US meet six crucial conditions

The Independent UK

Alibaba's Next Qwen AI Model May No Longer Be Free for Large Enterprises as It Eyes Moonshot Kimi K3-Like Revenue-Sharing Strategy: Report

Alibaba Group Holding Limited (NYSE:BABA) is reportedly preparing to introduce a revenue-sharing model for large commercial users of its upcoming open-source Qwen AI model.

Benzinga

Analyst Says Proposed Iran-Oman Deal May Have Just Dimmed Hopes for Lower Oil Prices, but National Average Gas Price Could Fall Below $4

GasBuddy analyst Patrick De Haan said reports of a potential Iran-Oman agreement to reopen the Strait of Hormuz with tolls are weighing on hopes for lower gasoline prices.

Benzinga

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The Independent UK

Ukraine-Russia war latest: Putin told he ‘must stop’ after Russian strike destroys WHO warehouse in Ukraine

WHO chief says 'even wars have rules' as warehouse packed with essential medical supplies is destroyed in Dnipro

The Economic Times

Vikram Solar shares crash 11% to fresh lifetime low. What's spooking investors?

Vikram Solar shares fell sharply to a record low on Friday after the company reported an 85% year-on-year drop in Q1 profit, with margins shrinking sharply. Investor sentiment was also dented by US President Donald Trump's new 15% tariff on polysilicon products, adding to concerns over the solar sector's global…

AAP

Aussie tech firm's shares soar on 'outstanding' quarter

Shares in Sydney-based software company Atlassian have jumped by almost a third after a strong performance quieted fears of AI disruption.

The Times of India

Trump angry over leak of US weapons shortage as Iran talks enter crucial phase: Report

President Trump expresses frustration over media claims regarding the depletion of US weapons stockpiles, fearing the leaks may undermine America's leverage in negotiations with Iran. While he admits some reports accurately reflect a tighter supply of advanced munitions, he aims to pursue severe penalties for those behind the information leaks.…

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Reason

Trump Calls Roberts's Bluff With New Executive Order On Birthright Citizenship

What will Justice Barrett do?

Benzinga

Warner Bros. Discovery Says Disney Bundle Is Delivering: ‘Proof Is in the Data’ as Churn Falls, Subscriber Growth Improves

Warner Bros. Discovery Inc. (NASDAQ:WBD) executives on Thursday said the streaming bundle with The Walt Disney Co. (NYSE:DIS) is generating measurable benefits, helping reduce customer cancellations.

The Conversation

I feel deep sadness about bird flu and environmental loss. Is this normal?

Australia’s beloved animals are again under threat as the H5N1 strain of bird flu spreads, with more mass deaths expected. Scientists are bracing for another wave of ecological loss and are particularly concerned about rare and threatened species.

The Times of India

Second attempt: Trump takes another stab at birthright citizenship

The TOI correspondent from Washington : Barely six weeks after the US Supreme Court dealt him a major constitutional defeat, President Donald Trump reopened one of America's fiercest immigration battles, signing two new executive orders that seek to chip away at birthright citizenship through narrower legal avenues rather than a…

International Business Times UK

Here's Why Skywatchers Say 12 August Could Be the Best Night of the Year, and the Hoax To Ignore

A partial eclipse by day, a six-planet dawn, and a moonless Perseid peak make 12 August a rare US skywatching day. Here's what to see, when to look, and the gravity hoax to ignore.

The Economic Times

Global Market: South Korean stocks fluctuate as AI spending concerns weigh on chipmakers

South Korean shares swung between gains and losses on Friday as investors assessed the latest U.S. corporate earnings and remained cautious over AI-related spending. Despite recovering from early losses, the KOSPI stayed on track for a third consecutive weekly decline, while foreign investors remained net buyers.

The Economic Times

Solar tariffs will hurt America’s allies, not China

Proposed US tariffs on polysilicon will harm domestic and allied solar industries. China dominates low-cost solar polysilicon production due to scale advantages. US solar manufacturing has struggled despite past protectionist measures. US companies pivot to more profitable chip manufacturing due to policy instability. China's polysilicon growth threatens US dominance in…

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