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The Latest Breaking News from United States

Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?

Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watching the U.S.-Iran negotiations, knowing that an agreement could ensure the unhindered passage of commercial ships. Analysts warn that sustained disruptions could lead to significant hikes in oil prices, although…

The Economic Times

Michigan Senate primary: El-Sayed, Stevens face off in key test of Democrats’ Israel stance

Michigan's Democratic Senate primary is a key test for the party's future direction. The contest pits a progressive against a moderate, highlighting divisions over Israel. Voters are deciding between an anti-establishment message and a more moderate approach. This race could influence future presidential candidates' stances on foreign policy. The outcome…

The Economic Times

Russian barrage on Kyiv region kills at least 17

Russian missile and drone strikes killed at least 17 people and wounded dozens more in Kyiv and the surrounding region overnight, authorities said Wednesday. Kyiv was unable to shoot down any of the Russian missiles amid intensifying attacks that have prompted Kyiv to plead for more US-made Patriot interceptors.

France 24

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Yen finds footing after intervention, dollar near 6-week low on Mideast hopes

Currency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dollar index lingered near its six-week lows, buoyed by positive developments in the Middle East. Falling oil prices alleviated concerns about potential supply disruptions, leading traders to adjust risk premiums and…

The Economic Times

Gold ticks up on softer dollar, focus on US jobs data

On Wednesday, gold prices experienced a modest uptick as the dollar lost strength. Investors are keenly anticipating important US jobs data that may provide insights into the Federal Reserve's policy direction. Heightened geopolitical tensions and rising oil prices have stirred discussions about possible interest rate hikes, with many traders forecasting…

The Economic Times

Oil steadies after two-day slump as investors eye Hormuz traffic

Oil prices experienced a slight stabilization as market participants keenly observed developments regarding the U.S.-Iran conflict. Recent reports from mediators indicated advances toward resolution, which initially contributed to a decrease in prices. As a result, Brent crude futures saw a modest uptick, joined by gains in West Texas Intermediate. President…

The Economic Times

Armed man arrested at Trump LA golf course before visit

An armed man was arrested at Donald Trump's golf course two days prior to his visit. Authorities found a loaded pistol and hollow-point ammunition in his possession. Investigators later discovered an assault rifle and other concerning items at his residence. Trump arrived at the golf club for a Republican fundraising…

The Economic Times

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McDonald's names company veteran Skye Anderson as new US head after sales miss

McDonald's replaced its U.S. business head after missing sales growth expectations. Skye Anderson, a company veteran, now leads McDonald's USA effective immediately. The CEO cited execution lapses and overwhelmed restaurant crews for the performance. A new under-$3 menu and digital discount cuts also impacted sales negatively. Anderson will now steer…

The Economic Times

Rep. Max Miller pressed by CNN journalist over ex-wife’s abuse claims

IN FULL

The Independent UK

US revokes Brazil ambassador’s visa in escalation of diplomatic feud

Move is retaliation for Lula’s government refusal to approve Trump’s nominee for ambassador in Brasília

The Guardian - US

Trump's Marine One involved in air traffic safety incident; US aviation officials review lapse

Aviation authorities are reviewing a safety incident involving President Trump's Marine One helicopter. Commercial flights were not halted during its departure from the White House as required. This procedural lapse is under investigation by aviation officials. The review aims to determine how the error occurred and if new measures are…

The Economic Times

CDC reportedly expands scope of US cyclosporiasis outbreak to 15 states, including Arkansas and Missouri

Six additional states caught up in investigation after Michigan reported first two US deaths linked to disease

The Guardian - US

Shares soar to record highs as oil dives on peace hopes

Local shares have rallied on reports the US and Iran are nearing a new peace deal, boosting confidence as investors bet on a brighter outlook for global growth.

AAP

Armed man arrested outside Trump's Los Angeles golf course before presidential visit

Authorities arrested a man carrying ammunition and later found a loaded gun in his car outside US President Donald Trump's Los Angeles-area golf course, where he was allegedly photographing security preparations ahead of the president's fundraising event.

France 24

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Medical Daily

Cannabis Is Marketed as Stress Relief, and a New Cortisol Study Adds to a Thin Evidence Base

Frequent cannabis users woke with higher cortisol than nonusers in a new Oregon State study, adding nuance to widely marketed stress relief claims.

The Independent UK

ICE is crawling social media to find its critics, investigation reveals

The Department of Homeland Security has allegedly sent ‘hundreds’ of subpoenas to social media companies about users’ posts

The Guardian - US

Wesley Bell wins Missouri House primary as Cori Bush comeback bid fails

Democratic incumbent wins in St Louis rematch dominated by Israel-Palestine issue

The Economic Times

SpaceX plans to turn Starlink into full-fledged mobile service, targets Verizon, AT&T and T-Mobile

SpaceX plans to build a terrestrial mobile service using acquired spectrum licenses. This move could challenge established wireless carriers like Verizon and AT&T. The company aims to integrate its satellite network with ground infrastructure for broader coverage. Analysts caution that building a nationwide network will require significant investment and time.…

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TechRadar

Texas has electricity and water bills below the national average — but they’re rising faster than inflation for one key reason that won’t surprise anyone

Data centers are causing electricity and water prices in Texas to grow at unprecedented rates.

The Economic Times

Global Market Today: Asian stocks advance on Hormuz deal hopes

Asian stocks are set to track Wall Street higher as optimism grows. Prospects for an interim deal with Iran eased energy supply concerns significantly. This development has led to a slide in oil prices and reduced inflation pressures. Investors are now watching for further progress on reopening the Strait of…

The Economic Times

US Congressman Riley Moore voices concern on FCRA amendments; could hit bilateral ties

US lawmaker Riley Moore voiced concerns regarding India's proposed FCRA amendments. These changes could allow government takeovers of religious charities and impact bilateral relations. The amendments seek to empower a Designated Authority to manage foreign contributions and assets. The proposed legislation also reduces penalties for FCRA violations. India's Parliament is…

The Economic Times

SpaceX rocket piece is set to crash into the moon

A SpaceX rocket stage is set to impact the moon early Wednesday morning. This four-metric-ton object is traveling at high speed toward the lunar surface. Cosmic forces and solar activity have nudged the debris onto this unexpected trajectory. While the impact is unintentional, it highlights concerns about space junk disposal.…

France 24

US revokes Brazilian ambassador's visa amid escalating diplomatic row

Washington stripped Brazil's ambassador of her US visa in an escalating diplomatic standoff, saying the move would be reversed if Brasília approves President Donald Trump's nominee for ambassador ahead of Brazil's closely watched presidential election.

The Economic Times

US Iran war: Qatar says mediators make progress; Indian ship sinks in the Middle East

Mediators report progress in efforts to end the US-Iran war, which has driven oil prices lower. Qatar's Emir discussed de-escalation efforts with President Trump, stressing the importance of dialogue. Senior US officials expressed optimism about reopening the Strait of Hormuz shipping lanes soon. However, shipping risks remain as a vessel…

International Business Times

The Deportation Of a Colombian Activist Illustrates How Partisan Bogota-Washington Relations Have Become

The deportation of Colombian activist Beto Coral signals a deeply partisan (and personal) tightening of U.S. and Colombian relations, according to political experts.

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