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The Latest Breaking News from United States

US announces $17.5 billion in loans for nuclear power supply chain

The U.S. Department of Energy is offering $17.5 billion in conditional loans to bolster the domestic nuclear supply chain, aiming to accelerate the construction of new large-scale reactors. Seven utilities have already expressed interest in these loans, which will support Westinghouse reactors. This initiative seeks to overcome investment hurdles and…

The Economic Times

Dollar at 13-month high as rate hike bets, stock rout boost demand

The U.S. dollar surged to a 13-month high, driven by a tech stock sell-off and anticipation of Federal Reserve rate hikes. Investors are flocking to the dollar as a safe haven amid global market jitters. Markets are now pricing in a higher probability of interest rate increases in July and…

The Economic Times

Gold slips as Fed rate-hike expectations buoy dollar

Gold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U.S. interest rate hikes, made the precious metal pricier for international buyers. Investors are also weighing mixed signals from U.S.-Iran peace talks, adding to market uncertainty. Meanwhile, Dubai's commodities exchange is…

The Economic Times

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Oil prices extend decline on expectations of smoother crude flows via Hormuz

Oil prices dipped to four-month lows as tensions eased between the US and Iran, paving the way for more tankers to navigate the Strait of Hormuz. Following peace talks and a sanctions waiver, Iran's oil sales are expected to increase. Discussions are ongoing regarding navigation in the vital waterway, with…

The Economic Times

UN launches evacuation of 11,000 stranded sailors in Strait of Hormuz amid US-Iran toll dispute

The UN is actively facilitating the evacuation of approximately 11,000 sailors from the Strait of Hormuz, a critical move emerging from a recent US-Iran peace accord. While maritime activities begin to resume, disputes linger regarding the future management and potential tariffs of the strait's usage. The US upholds its position…

The Times of India

North Korea’s ‘exponential’ nuclear program: why Kim Jong-un is racing to expand his arsenal

The heightened rhetoric from Pyongyang has left analysts asking why North Korea appears to need so many nuclear weapons

The Guardian - AU

On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirs

Indian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their death. This applies even if they are non-residents. Experts suggest strategies like routing shares through GIFT City, investing in UCITS ETFs, or lifetime gifting to mitigate…

The Economic Times

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Ukraine war briefing: Crimea locks down as Putin acknowledges ‘huge stream’ of Ukrainian drones

Rail bridge and power plant among latest infrastructure targeted by Kyiv in Crimea, where restrictions on public life have come to prevail. What we know on day 1,582

The Guardian - AU

Trump administration touts Iran deal as a payday for US farmers, but Iran denies it

A tentative US-Iran deal to end hostilities promises a financial boost for American farmers, with President Trump asserting frozen Iranian assets will fund US crop purchases. However, Iran disputes this, stating agricultural deals will be based on market terms, not US dictates. Sanctions experts are uncertain about the mechanism for…

The Economic Times

Budimir rescues Croatia with winner against Panama on Modric’s landmark day

Luka Modric’s 200th cap for Croatia was a victorious one after Ante Budimir’s goal secured a 1-0 win over Panama

The Guardian - UK

Chinese supercomputer leapfrogs best US machines to be ranked world’s fastest

China’s LineShine debuts at number one in Top500 – a list sometimes viewed as a national measure of global tech prowess

The Guardian - AU

Global Market Today: Asia stocks rebound from tech selloff, Kospi jumps

Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally's sustainability. South Korea's Kospi surged, led by Samsung Electronics, following a steep decline. Investors now keenly await Micron Technology's results for clues on AI infrastructure demand, with some strategists predicting further…

The Economic Times

Stefanovic to leave Nine after far-right interview

A controversial host is set to exit Nine following an outcry over his podcast interview with a British anti-immigration activist.

AAP

'All-time record, Strait totally open': Trump says 19 million barrels of oil exited Hormuz on Monday

President Trump announced unprecedented maritime activity in the Strait of Hormuz following a new diplomatic understanding with Iran. He claimed record oil flow and asserted that oil prices are falling, making the world safer. The US also aims to permanently block Iran's path to nuclear weapons, while regional stability remains…

The Economic Times

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The Guardian - US

Trump news at a glance: US Senate gives president symbolic rebuke on his military action against Iran

Four Republicans broke with their party to support the measure, which passed the House of Representatives earlier this month – key US politics stories from Tuesday 23 June at a glance

Sports Illustrated

Three Turkiye Players Who Could Hurt the USMNT in World Cup Clash

Neither team can adjust their position, but will want to end Group D play on a high.

Bangkok Post

Red or green? For Brazil, the politics of World Cup kits matter

MORRISTOWN (UNITED STATES) - When Brazil faces Scotland in the World Cup on Wednesday, the South American team's goalkeeper Alisson Becker will be dressed in a green kit -- not the red one originally approved by FIFA.

The Economic Times

'We are very, very close': US Deputy Assistant Secretary on India-US trade deal

India and the US are nearing a significant trade agreement, with Washington expressing optimism about concluding the deal soon. This historic pact aims to open India's vast market to American goods on mutually beneficial terms, supporting the "Mission 500" goal of $500 billion in bilateral trade by 2030. Recent trade…

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The Economic Times

South Carolina, New York, Maryland, Utah primary elections results: Polls closed in 4 states, who is winning and who is losing

South Carolina Attorney General Alan Wilson won a runoff election on Tuesday, swiftly routing the candidate initially endorsed by President Donald Trump to be the Republican nominee for governor.

The Economic Times

Rubio arrives in UAE with aim to head off Gulf Arab unease over tentative Iran deal

US Secretary of State Marco Rubio is in the UAE to address concerns over a new Iran deal. The agreement, brokered by Vice President JD Vance, aims to end regional hostilities and reopen the Strait of Hormuz. Rubio emphasized that Iran's leadership must choose to be a nation, not a…

The Independent UK

MLB accuses Giants of ‘inadequate’ communication after Pride Night controversy

MLB Commissioner addressed Pride cap dispute in letter to Sen. Josh Hawley

Bangkok Post

Dream job: US soccer fans paid to watch every World Cup game

NEW YORK - It might just be the greatest job in the world.

France 24

Savannah Guthrie's mother may be dead, according to note from kidnappers

“Today” co-host Savannah Guthrie made an emotional on-air appeal on Tuesday for information about her mother, who disappeared from her Arizona home nearly five months ago, a day after reports revealed a previously undisclosed note suggesting the missing 84-year-old may have died shortly after her abduction.

The Economic Times

US Senate joins House in voting to halt Iran war, rebuking Trump

In a significant move, the U.S. Senate has voted to halt President Trump's military actions against Iran, marking a rare bipartisan rebuke. This war powers resolution, previously passed by the House, signals growing congressional unease over the conflict. Despite White House claims of the vote lacking legal force, it represents…

The Economic Times

MoEngage acquires AI startup Aampe in first acquisition; eyes more deals in US, Europe

Customer engagement platform MoEngage has acquired AI startup Aampe, bolstering its artificial intelligence capabilities. MoEngage cofounder and chief executive Raviteja Dodda said the company is evaluating more inorganic growth opportunities, particularly in markets such as the US and Europe.

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