A White House meeting, a Fed vote, and a chip breakthrough that splits Silicon Valley further
Netanyahu arrived in Washington Tuesday for his first Trump meeting since the Iran war began. The two leaders discussed the future of the conflict at the White House as Trump separately urged Saudi Arabia to join the Abraham Accords. Iran, meanwhile, insists it is not seeking to resume peace talks, …
Oil prices are swinging by the hour again, undercutting Monday's sharp reversal. Brent traded near $87 after touching a two-week low, then jumped again on reports of a fresh Iran strike rattling markets Wednesday morning. Trump said over the weekend that strikes would resume "if the negotiations fai…
The Fed holds interest rates steady Wednesday, its committee split over an economy sending contradictory signals. Twelve officials vote on the decision; June inflation and employment data argued for holding, but the renewed Iran-driven oil spike argues the opposite. Chairman Kevin Warsh inherited th…
A Shanghai firm has reportedly built the lithography tool China's chip industry lacked. The state-backed company has found a way to manufacture immersion deep ultraviolet tools capable of producing the most widely used chips, according to reporting cited by Bloomberg, a category long dominated by th…
China's commerce ministry demanded Washington scrap new forced-labor tariffs Monday, calling them protectionism. The US imposed 10% and 12.5% duties on 60 trading partners Friday, including a 12.5% rate on China, under a Section 301 forced-labor investigation. Beijing's statement noted the new rate …
America's goods trade deficit narrowed 4.2% in June, but not enough to lift second-quarter growth. The gap fell to $101.5bn as imports and exports both dropped, with exports at a five-month low as cooling crude prices dragged down industrial-supply shipments. "Our model mapping the trade data onto t…
The Pentagon told Congress it won't finish spending $400m in authorized Ukraine aid until 2029. A May letter, first reported Monday, shows the funds still unobligated two months after being outlined, even as Kyiv runs low on air-defense stock. Zelenskiy meets Trump at the White House Tuesday to pres…
Gaza's ceasefire keeps producing releases and casualties on the same day. Israel freed 60 more Palestinian detainees Monday, the largest single release since the October ceasefire, with dozens arriving at Khan Younis hospital showing signs of injury after months in custody. Hours earlier, drone stri…
A Ukrainian soldier has held the same foxhole beneath the front line near Kramatorsk for a year. Serhii Krynitskyi, 42, has watched the line barely move while Russia pursues 30,000 more North Korean troops to reinforce its own ranks. Austrian military analyst Markus Reisner argues the war has entere…
India's economy is set to slow to 6.6% growth in FY2027, down from 7.7% this year. Economists cite weakening private investment as the main drag, alongside a widening debate over whether India's middle class is paying more while saving less. Wages have risen across many industries and jobs have grow…
Gaza's population is openly skeptical of the multinational force meant to stabilize it. Palestinians interviewed across the strip describe the proposed International Stabilization Force as another external arrangement imposed on them after two and a half years of war, with little clarity on its mand…
A 7.1-magnitude earthquake struck Japan's southern Kyushu island, killing at least three people. The quake hit as separate wildfires in France and Spain forced 4,000 more evacuations, displacing a third of a million people across southwest Europe. French authorities widened evacuation orders around …
Colonel Sanders' bow tie and personal planner sold at auction this week. The KFC founder's signature accessory, alongside handwritten notes from his personal planner, drew bidders decades after his death, in a sale marketed around the enduring pull of his image on the fried-chicken chain's branding.…
Reuters editor-in-chief Alessandra Galloni used a Sydney lecture to lay out the wire service's AI licensing answer. Her remarks, delivered as the Andrew Olle lecture, framed licensing deals with AI firms as the wire's preferred defense against uncompensated scraping of its journalism, rather than li…
Fed funds futures now price meaningful odds of a rate move this week, a sharp shift from near-zero a week ago. The repricing tracks the collision between softening inflation data and the Iran-driven oil spike, leaving traders genuinely uncertain which way Chairman Warsh's committee leans. Prediction…
Spain's wildfire emergency has widened into a full cross-border crisis with France. New evacuation orders around Bordeaux this week pushed the combined displacement figure across both countries past a third of a million people, with Spanish emergency services still deployed on the ground from the go…
Canada's three August byelections remain the first electoral test of tariff pain from Washington's 50% duties on whiskey and cement. No new developments landed Wednesday; the Ontario, Quebec, and British Columbia races are still being read as the earliest signal of how voters in tariff-exposed ridin…
Puerto Rico's news cycle stayed quiet again Wednesday, with no dated developments beyond last week's institutional-trust study. The island's beat has now gone silent for multiple editions running, a lull that likely reflects the broader news cycle's pull toward Iran, the Fed, and the chip story rath…
A 7.1-magnitude earthquake off Kyushu killed at least three and triggered tsunami warnings across southern Japan. The quake struck without significant advance seismic activity, according to early Japanese Meteorological Agency assessments, and prompted evacuation orders along coastal stretches of th…