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The Latest Breaking News from United States

Charting the global economy: US spending rises, weather looms

US consumer spending remains robust despite rising prices, though new home sales dipped. President Trump is scrutinizing gasoline costs. Europe's US Treasury holdings could influence future standoffs. China is curbing its fiscal deficit, while Japan sees AI as an economic boon.

The Economic Times

Asia's vendors grapple with rising costs of ever-present plastics

Rising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. Despite a US-Iran deal, supply chain disruptions persist, particularly concerning the Strait of Hormuz. Vendors in Taipei and Bangkok report significant price hikes for essential items like bags and…

The Economic Times

Passive investing explosion: DSP’s Anil Ghelani predicts ETFs, index funds will command 30% of mutual fund industry

Passive investing is gaining rapid traction in India, with DSP’s Anil Ghelani projecting ETFs and index funds to grow from 17% to 30% of mutual fund assets within five years. The shift reflects changing investor behaviour, with passive strategies forming core portfolios and active funds playing a selective, high-alpha role.

The Economic Times

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US-Iran war: Tehran attacks Bahrain, Kuwait following US strikes; threatens to end talks to end the war

US-Iran war news: Tensions flare as Iran targets Bahrain and Kuwait with drone and missile attacks following U.S. airstrikes on Iranian military sites. This escalation jeopardizes a regional ceasefire, with the U.S. retaliating after an oil tanker was struck. Former President Trump issued a stark warning, suggesting a point of…

The Economic Times

Will Sensex, Nifty extend gains or turn volatile? Q1 updates, F&O expiry among 8 factors set to steer stock market this week

Indian markets head into a crucial week with investors tracking Q1 business updates, June F&O expiry, auto sales data, FII flows, crude oil prices, monsoon progress, US bond yields and key macroeconomic releases. While benchmark indices have remained resilient, profit booking in broader markets signals caution as traders assess domestic…

The Economic Times

Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchanged

Pakistan's government has increased the petroleum levy on petrol and diesel, keeping retail prices steady despite falling international oil rates. Consumers will continue paying the same for petrol and diesel, while kerosene prices have been reduced. This move boosts government revenue as global oil prices hit pre-war lows following a…

The Economic Times

Union Minsiter Sonowal inaugurates Goa's new Captain of Ports Terminal building, announces phase-I priority for Goa water metro

Union Minister of Ports, Shipping and Waterways (MoPSW) Sarbananda Sonowal, in Panaji on June 27, inaugurated Goa's new Captain of Ports Terminal Building, a Rs 48.87-crore waterfront facility designed to strengthen maritime administration, improve vessel monitoring and navigation, and support the state's vision of sustainable maritime development.

The Economic Times

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Iran narrowly knocked out of tumultuous World Cup on Austria's last-second goal

Iran has been eliminated from the World Cup, narrowly failing to advance past the group stage in a politically charged tournament where the team played its matches amid tight restrictions imposed by the United States

The Independent UK

The US lags other countries in social media restrictions for kids, but a reform push is growing

A campaign for stronger online safety measures for children in the U.S. is gaining steam with recent jury verdicts against tech giants like Meta and Google and a new push for legislation in Congress

The Independent UK

A new law could create a list of immigrants illegally living in Mississippi. Advocates are alarmed

A new Mississippi law authorizes the state's top law enforcement agency to compile a list of immigrants illegally living in the state

The Independent UK

Iran war latest ground report: Interim deal imperilled further as both sides go ballistic again

Iran war: Escalating tensions saw the U.S. launch airstrikes against Iran following attacks on Bahrain and Kuwait. President Trump warned of severe consequences if Iran continues to violate the ceasefire. The U.S. military targeted Iranian military infrastructure after a tanker, carrying Qatari oil, was struck. Kuwait and Bahrain reported drone…

The Economic Times

FIFA World Cup 2026 current standings: Argentina, France, Mexico and Brazil top groups as Round of 32 begins from tomorrow; Check full knockout fixtures

The FIFA World Cup 2026 group stage has concluded, with 12 teams, including powerhouses like Brazil, Germany, and Argentina, securing top spots. Mexico and France achieved perfect nine-point records. Several traditional giants and emerging nations have advanced to the expanded 32-team knockout round, promising an exciting conclusion to the tournament.

The Economic Times

Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautions

India faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augmenting strategic reserves, currently sufficient for only five days of consumption and developing a comprehensive purchase and release strategy.

The Economic Times

US and Iran trade strikes as both sides accuse the other of endangering ceasefire

Flare-up in tensions comes as Washington and Tehran have been negotiating a memorandum of understanding to end an unpopular war

The Guardian - US

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The Independent UK

Dry, windy conditions fuel explosive wildfire growth across western US

Wildfire activity intensified across the western United States over the weekend, with strong winds and dry conditions fueling flames and forcing evacuations in many spots

France 24

US strikes Iran again as Tehran hits Bahrain and Kuwait

The US military launched a second wave of air strikes against Iran on Saturday on President Donald Trump's orders after Tehran struck Bahrain and Kuwait, escalating tensions that threatened a fragile interim deal. The attack on Kuwait was the first since the accord, as a US-led maritime body expanded shipping…

AAP

'We trust in our Ginger': Aussie gets Serena backing

Australian colleagues feel Maya Joint will be competitive against Serena Williams, even as they watch the 44-year-old look like her old self in practice.

The Times of India

US-Iran conflict escalates: Tehran hits back with 'crushing response' after Trump's fresh strikes — key developments

A fragile US-Iran ceasefire shattered following fresh military strikes after an oil tanker attack in the Strait of Hormuz. The US targeted Iranian military infrastructure, accusing Tehran of a drone strike. Iran retaliated with missiles and drones at US bases in Bahrain and Kuwait, warning of further action. This escalation…

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The Economic Times

Sridhar Vembu on why Chennai and Bengaluru land prices rival New York

Zoho founder Sridhar Vembu blames corruption for soaring land prices in Indian cities like Chennai and Bengaluru, comparing them to New York despite lower per capita income. He argues that illicit political funds parked in real estate inflate costs across housing, education, healthcare, and consumer goods.

The Economic Times

Frustration grows in Venezuela as earthquake death toll reaches 1,430

As the earthquake toll in La Guaira, Venezuela, reaches a staggering 1,430, despair envelops the region with many still unlocated. A standoff arises between rescue teams and government authorities, highlighting the discrepancy between official assurances and the chaotic situation on the ground. While international assistance begins to flow in, the…

The Times of India

'Vigilant, lethal, and ready': US unleashes fresh strikes on 10 Iranian military targets — video

US forces launched strikes on 10 Iranian military targets near the Strait of Hormuz following an Iranian drone attack on a commercial oil tanker. The operation, ordered by President Trump, targeted surveillance, communication, and drone facilities. This escalation occurs despite an interim ceasefire, with Washington warning of further action if…

TechRadar

How to watch Algeria vs Austria: Free Streams, TV Channels & Team News for FIFA World Cup 2026 in a play-off to be Group J runners-up

Here's how to watch Algeria vs Austria for free online and from anywhere as both teams chase a place in the World Cup 2026 knockout stage. Or do they?

TechRadar

How to watch Jordan vs Argentina: Free Streams, TV Channels & Team News for FIFA World Cup 2026 as Lionel Messi seeks to add to his haul

Here's how to watch Jordan vs Argentina for free online and from anywhere as Lionel Messi and Co. wrap up their Group J campaign at World Cup 2026.

The Economic Times

Iran-U.S. war erupts again: Donald Trump threatens to wipe out Iran, America strikes at missile, drone storage facilities, coastal posts, claim IRGC

Iran-U.S. confrontation over Stratit of Hormuz and other issues continue to escalate as President Donald threatened to wipe out Iran.

The Economic Times

Trump threatens to annihilate Iran after new exchange of attacks

Trump issued a stark warning to Iran, saying the nation would cease to exist if forced back into war, following US strikes on Iranian targets. These retaliatory actions, aimed at Iranian missile and drone sites, were in response to attacks on shipping in the Strait of Hormuz.

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