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The Latest Breaking News from United States

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

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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

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…

The Times of India

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 Economic Times

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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.

Euronews

‘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?

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 Guardian - UK

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 Economic Times

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

The Independent UK

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…

France 24

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…

The Economic Times

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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.

Ballotpedia

William Lawrence (D) defeated Bridget Brink (D) and Matt Maasdam (D) in the Democratic primary for Michigan's 7th Congressional District on August 4, 2026

William Lawrence (D) defeated Bridget Brink (D) and Matt Maasdam (D) in the Democratic primary for Michigan's 7th Congressional District on August 4, 2026.

Ballotpedia

Abdul El-Sayed (D) defeated Haley Stevens (D) in the Democratic primary for U.S. Senate in Michigan on August 4, 2026

Abdul El-Sayed (D) defeated Haley Stevens (D) in the Democratic primary for U.S. Senate in Michigan on August 4, 2026.

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Ballotpedia

Incumbent Rep. Wesley Bell defeated four other candidates in the Democratic primary for Missouri's 1st Congressional District on Aug. 4, 2026

Incumbent Rep. Wesley Bell (D) defeated four other candidates in the Democratic primary for Missouri's 1st Congressional District on Aug. 4, 2026. Bell and Cori Bush (D) led in noteworthy endorsements and fundraising.

Medical Daily

A Smuggling Prosecution Over Inactivated Mpox Samples Has Scientists Warning About Outbreak Preparedness

Two NIH virologists face charges over mpox samples from a Congo outbreak. Researchers say scrutiny could slow international collaboration.

The Economic Times

Biden ex-adviser Ajay Bhutoria calls new US immigration rule ‘step backwards’

USCIS now denies incomplete immigration applications without requesting more evidence. This policy change impacts thousands of Indian applicants seeking visas and green cards. Former Biden advisor Ajay Bhutoria criticizes this move as a major step backward. He argues it unfairly penalizes vulnerable applicants and complicates the system. The agency claims…

The Economic Times

Chime raises 2026 revenue forecast on robust demand, CFO to step down

Chime has increased its revenue growth forecast for the full year. The digital banking company also announced the departure of its Chief Financial Officer. Strong demand for its mobile-first products is fueling this positive financial outlook. Active members increased by twenty percent compared to the previous year. The company posted…

The Times of India

$150 million contract for migrant children's lawyers goes to Trump-linked firm

Legal aid providers have warned that unaccompanied migrant children could be left vulnerable to deportation after the Trump administration selected a small Houston firm through a non-competitive process to provide legal services to those held in government shelters.

France 24

Iran says Hormuz deal with Oman in final stage as Trump signals breakthrough

Iran on Wednesday said an agreement with Oman over the Strait of Hormuz was in its final stages as US President Donald Trump suggested a deal could be announced within days, raising hopes for the easing of a blockade that has disrupted global shipping and fuelled months of conflict.

The Texas Tribune

James Talarico rolls out economic agenda that takes aim at “false Gospel of trickle-down economics”

Like his U.S. Senate rival, Ken Paxton, the Austin state lawmaker introduced a plan to address what he called an “affordability crisis.” But they differed on who is to blame for rising costs.

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