Breaking 16:16 Nvidia targets $500 billion in financing for artificial intelligence infrastructure 16:15 Russia releases ailing former US Marine Robert Gilman after Putin grants pardon 16:00 Morocco–United States: AMTEC Opens a New Chapter in Military Cooperation 15:48 U.S. immigration arrests reach record level with 51,000 detentions reported in July 15:45 US existing home sales fall for second month as mortgage rates weigh on market 15:30 Chinese companies begin receiving billions in refunds of U.S. tariffs 15:16 Joby Aviation to acquire Resonant Sciences for $500 million as defense ambitions expand 15:15 United States records its hottest July ever as extreme heat intensifies 14:49 U.S. court allows thousands of lawsuits over alleged addictive social media designs to proceed 14:15 Trump Media reports $238 million quarterly loss and refocuses on Truth Social 13:20 Trump backs Infantino and warns FIFA against making a “serious mistake” 13:05 US military losses in Middle East conflict estimated at $13 billion 12:45 Trump signs executive order calling for changes to childhood vaccine recommendations 12:30 Brent crude rises above $90 as Iran-US standoff keeps Hormuz Strait blocked 12:25 Trump says Iran faces severe economic turmoil as Washington weighs three strategies 10:45 Meta launches new open-weight AI model as Zuckerberg calls for fewer U.S. restrictions 10:15 United States cancels more than 175,000 visas issued to foreign nationals 08:15 Meta sanctioned by California judge over destruction of evidence in scam-ad case 08:01 Trump secretly switched aircraft after NATO summit amid reported Iranian threats 07:19 Tupac Murder: Duane Davis's Trial Begins in Las Vegas After Three Decades of Investigation 21:30 US bitcoin funds record strongest inflows since April after wallet security breach 19:25 Meta launches open-source AI model and calls for lighter US restrictions 18:05 MySpace prepares a comeback as nostalgia for early social media grows

Pentagon estimates Iran conflict has cost the United States $37.5 billion

U.S. Defense Secretary Pete Hegseth has told lawmakers that the military campaign involving Iran has cost the United States an estimated $37.5 billion so far, reflecting a significant increase from previous projections and reinforcing the administration's call for additional defense funding. Speaking before a U.S. Senate committee, Hegseth......

Former Venezuelan leader Nicolas Maduro to appear before New York court in drug trafficking case

Former Venezuelan President Nicolas Maduro is set to appear before a New York court on Wednesday for a procedural hearing in the criminal case brought against him and his wife Cilia Flores by U.S. authorities. Maduro, who has been held at a detention facility in Brooklyn since January 3, is expected to be transferred to a Manhattan courthouse......

Kalshi launches election forecasting hub ahead of US midterm elections

Prediction market platform Kalshi has launched a new digital hub dedicated to tracking the upcoming U.S. midterm elections, offering users access to real-time forecasts, polling information, fundraising figures and historical election data. The New York-based company said the platform is designed to provide a market-driven perspective on......

US launches $5 billion AI initiative to advance health and construction research

The United States government has announced a $5 billion investment aimed at using artificial intelligence to address major scientific challenges in fields including healthcare, pharmaceuticals and construction, as part of a broader effort to accelerate research through advanced technologies. The initiative, unveiled by the Trump administration,......

Bloomsbury to receive compensation under landmark $1.5 billion Anthropic copyright settlement

Bloomsbury Publishing has confirmed it will receive compensation as part of a landmark $1.5 billion settlement resolving claims that artificial intelligence company Anthropic used copyrighted books to train its AI models without obtaining the necessary licenses. The agreement, approved by a U.S. federal judge, is regarded as the largest known......

JPMorgan CEO warns investors may be underestimating growing risks in global markets

JPMorgan Chase CEO Jamie Dimon has warned that investors may be overlooking a number of risks that could threaten financial market stability, arguing that current asset valuations do not fully reflect growing geopolitical and economic uncertainty. Dimon said he does not currently see U.S. stocks or long-term government bonds as particularly......

US condemns Ortega’s authoritarian stance after Nicaragua rejects elections

The United States has criticized Nicaraguan President Daniel Ortega after he rejected the possibility of holding new elections, with Washington accusing his government of demonstrating an increasingly authoritarian approach to political power. US Secretary of State Marco Rubio said Ortega’s refusal to organize elections reflected what......

Amgen agrees to $74 million settlement in shareholder lawsuit over tax disclosure claims

Biotechnology giant Amgen has agreed to a $74 million settlement in a shareholder lawsuit alleging that the company delayed disclosing a potential $10.7 billion tax liability linked to claims of underreported taxes. The proposed settlement, filed in a federal court in Manhattan, still requires approval from a judge before becoming final.......

Anthropic reaches $1.5 billion copyright settlement with authors over AI training data

Artificial intelligence company Anthropic has reached a landmark $1.5 billion settlement with a group of authors and publishers over allegations that copyrighted books were used without authorization to train its Claude chatbot. The settlement, approved by a U.S. federal court, is considered one of the largest known agreements arising from......

Washington signals possible new tariff measures against dozens of countries

The United States is preparing for the possibility of a new round of tariffs targeting several trading partners, raising concerns that global trade tensions could intensify under President Donald Trump’s administration. U.S. Trade Representative Jamieson Greer indicated that new trade measures could be announced soon, although he did......

Canada and US agree to intensify trade talks after Trump tariff warning

Canadian Prime Minister Mark Carney said he and US President Donald Trump have agreed to accelerate trade negotiations following renewed tariff tensions between the two countries. The discussions come as Ottawa seeks to prevent further trade disruptions while keeping diplomatic channels open with its largest economic partner. The announcement......

US administration pauses over $1 billion in Medicaid payments to California and Minnesota

The United States government has suspended more than $1 billion in Medicaid payments to California and Minnesota, citing concerns over suspected fraud and regulatory noncompliance, according to Health Secretary Robert F. Kennedy Jr. The decision marks a significant intervention by the Trump administration into the federal healthcare funding......

Elon Musk’s fortune falls below $800 billion after Starship launch setback

Elon Musk’s personal fortune has fallen below the $800 billion mark following another setback involving Starship, the next-generation spacecraft developed by his aerospace company SpaceX. According to the Bloomberg Billionaires Index, Musk’s wealth dropped by approximately $40.7 billion in the latest trading session, bringing......

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