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The Latest Breaking News from United States

US stocks may have more room to rally as earnings, AI spending support market

Strong corporate earnings, sustained AI infrastructure spending and easing valuation concerns have strengthened confidence in the US stock market, although Treasury yields and geopolitical developments remain key risks for investors.

The Economic Times

Nikki Haley Warns US Is Weeks Away From $40 Trillion Debt: 'We're Leaving an Entire Generation Broke'

With the U.S. on track to cross $40 trillion in national debt within weeks, former U.S. Ambassador Nikki Haley accused politicians of ignoring what she called one of the biggest financial threats facing younger Americans.

Benzinga

Jim Cramer Compares SpaceX Stock to 100-Year Railroad Bonds: Asks Investors to Think of Their Children and Grandchildren

On Wednesday, Jim Cramer urged investors to look beyond Space Exploration Technologies Corp.’s (NASDAQ:SPCX) post-earnings sell-off, arguing that Elon Musk’s aerospace company should be viewed as a multigenerational investment.

Benzinga

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Asian shares are mostly lower as Kospi falls 4% and tech giants decline on Wall Street

Asian shares are mostly lower and South Korea's Kospi dropped more than 4% following declines for some Big Tech giants on Wall Street

The Independent UK

American witchhunt: how the McCarthy blacklist annihilated the Hollywood left

A retrospective at the Locarno film festival looks back at the era of Huac’s domination of US culture, uncovering some sobering lessons for now

The Guardian - UK

Meet the 70-year-old debut novelist who turned a self-published book into a global bestseller

BOOKS: It's outsold some of the buzziest books of the year and Oprah is a fan – but the debut novel by an ex-lawyer and musician from Alabama almost flew under the radar entirely. Annabel Nugent tells the inside story of an unlikely publishing hit

The Independent UK

Trump has tried to bend the legal system to his will. He’s increasingly facing pushback

US President Donald Trump’s renovation of the Lincoln Memorial Reflecting Pool has gone beyond his vision of refurbishing a site of national pride to perfection. In the past month, the reflecting pool has become yet another tool for Trump to exact political retribution against those standing in his way.

The Conversation

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Israel reports troop deaths as Lebanon talks continue

JERUSALEM - Israel on Thursday reported its first military fatalities in southern Lebanon in more than a month, after carrying out fresh strikes despite ongoing US-backed talks in Rome aimed at ending hostilities.

Bangkok Post

Samsung, SK Hynix shareholders call for bigger payouts from AI cash mountain

Samsung and SK Hynix face investor pressure for increased shareholder payouts. These chipmakers are generating unprecedented cash from robust AI chip demand. Investors want more dividends and buybacks after record profits were reported. The companies currently target half of free cash flow for shareholder returns. This situation exacerbates concerns about…

The Economic Times

Business Brief (Aug. 6): China Announces Trade Countermeasures Against the U.S.

Moonshot AI seeks $50 billion valuation in new funding round, Chinese mainland tax authorities begin levying returns from offshore insurance policies

Caixin Global

Global Market: Hong Kong insurers slump after report on China taxing offshore policy income

Hong Kong-listed insurance stocks slumped after reports that Chinese tax authorities have begun levying a 20% personal income tax on income earned from offshore insurance policies. The move has raised concerns over demand from mainland Chinese customers, weighing on insurers and financial stocks with significant cross-border exposure.

The Economic Times

Fired during paternity leave, ex-employee wins nearly Rs 19 crore from Goldman Sachs after tribunal finds he was unfairly treated for caring for his newborn

A former Goldman Sachs manager received nearly £1.5 million after an employment tribunal ruling. The tribunal found his dismissal was unfairly linked to his parental leave. This discrimination had an insidious effect on the former employee's well-being. Goldman Sachs disputes the decision, stating it supports parental leave for all genders.…

The Economic Times

Anthony Scaramucci Says Trump Administration 'Keeps Lying' About End of the Iran War: 'We Really Don’t Know What He’s Doing'

The former White House communications director Anthony Scaramucci accused President Donald Trump of repeatedly declaring victory over Iran while failing to explain ongoing tensions in the region and the administration’s broader strategy.

Benzinga

Climate change contributed to big Canada fires, study says as Trump blames mismanagement

A new study calculates that human-caused climate change doubled the likelihood of the tinderbox weather conditions that sparked Canada’s massive summer wildfires

The Independent UK

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The Economic Times

LinkedIn executives can be questioned in antitrust lawsuit, judge rules

U.S. Magistrate Judge Laurel Beeler in San Francisco said in an order on ‌Tuesday that the ⁠plaintiffs ⁠can depose LinkedIn's current chief executive Daniel Shapero for four hours, and question former CEO Hoffman for three hours. Hoffman sold LinkedIn to Microsoft for $26.2 billion in 2016.

The Times of India

Did Trump and Hegseth clash over shrinking US missile stockpiles? White House responds

US President Donald Trump confronted US defence secretary Pete Hegseth during a meeting at Camp David over severe shortages of key military munitions that have constrained Washington's options in the ongoing conflict with Iran, according to a report by The Washington Post. The report said Trump questioned why he had…

Euronews

Medicines watchdog approves first-ever mRNA-based flu shot in the US

The US medicines regulator approved the first-ever mRNA-based vaccine in the US against flu for seniors.

The Guardian - UK

‘Basically, you give yourself to the man’: Trewley Precious Temple on her life as a Gypsy wife – and beyond

The TikTok influencer is now a TV star. But this independent, opinionated woman still lives with her mother, on the Clacton council estate where she grew up. Will she ever leave? And how does she feel about Mum’s curfew?

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The Guardian - UK

‘They slammed their M16s against his skull’: inside the film about Amy Goodman’s fearless reporting

As Steal This Story, Please! charts her astonishing reports on everything from climate summits to earthquakes to massacres, Goodman talks about dissent, censorship – and her ‘magic moments’

The Economic Times

CAS chaos: Nifty ends flat but Sensex jumps 374 points on expiry day

Indian markets closed higher with Sensex rising 374 points, while Nifty remained flat due to divergence from the closing auction session. PSU banks outperformed, while auto and realty lagged. Analysts see valuation support holding, with limited RBI impact and cautious FII flows amid high US bond yields and global uncertainty.

The Independent UK

Ukraine-Russia war latest: Putin could attack Nato member to test alliance’s resolve, report on US intel warns

Lithuania also fears Putin may be planning a ‘false flag’ strike on the Baltics

France 24

Israel refuses to withdraw from more south Lebanon areas at talks

Israel told talks in Rome on Thursday it would not withdraw from additional areas of southern Lebanon until the Lebanese army established full control over two initial "pilot zones", a Lebanese presidential source said. Follow our liveblog for the latest developments. Read our blog to see how the day's events…

The Economic Times

A $150 mn contract for migrant kids' lawyers goes to a Trump-linked Texas firm, raising concerns

A Texas law firm received a $150 million contract for migrant child legal aid. This firm has limited immigration law experience and ties to the administration. Legal aid groups expressed concern over children's due process rights. The administration also let a previous contract with experienced groups expire. This move raises…

Ballotpedia

Shannon Taylor (D) defeated Salaam Bhatti (D), Jason Knapp (D), and four other candidates in the Democratic primary for Virginia's 1st Congressional District on August 4, 2026

Shannon Taylor (D) defeated Salaam Bhatti (D), Jason Knapp (D), and four other candidates in the Democratic primary for Virginia's 1st Congressional District on August 4, 2026. Taylor, Bhatti, and Knapp led in endorsements and fundraising.

Ballotpedia

Donavan McKinney (D) defeated incumbent Shri Thanedar (D) in the Democratic primary for Michigan's 13th Congressional District on August 4, 2026

Donavan McKinney (D) defeated incumbent Shri Thanedar (D) in the Democratic primary for Michigan's 13th Congressional District on August 4, 2026.

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