

President Trump announced a deal granting the United States majority control over 60 billion barrels of Venezuelan oil reserves, a move he claims will significantly boost American oil supply and reduce gas prices. This "historic transaction," made at no cost to taxpayers through a private business partnership, follows a U.S. military operation earlier this year that replaced Venezuela's leadership. Interim President Delcy Rodriguez confirmed the agreement, projecting over $209 billion in tax revenue for Venezuela and substantial private investment. The deal aims to revitalize Venezuela's struggling oil industry, which holds the world's largest proven reserves.
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CBS NewsRecent social media posts have revealed images and videos of China's GJ-21 stealth drone conducting flight tests over Huludao in Liaoning province. Geolocation confirmed the drone's presence in multiple sightings, indicating ongoing development and evaluation of the advanced aerial vehicle. While the exact dates of these tests remain unclear, the repeated appearances suggest active progression in China's military drone technology. This activity coincides with sea trials for the Sichuan Type 076 warship, signaling broader advancements in the nation's defense capabilities.
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South China Morning PostDramatic footage of catastrophic floods at Gyirong Port, a key border crossing between Nepal and Tibet, has circulated globally but remains largely unseen within China due to heavy censorship. While Beijing has launched a massive rescue operation and President Xi Jinping chaired an emergency meeting, state media has provided limited details, focusing on rescue efforts rather than the human impact or survivor accounts from Tibet. This media control is attributed to China's sensitivity regarding Tibet, a region with a history of resistance to Communist Party rule, and a desire to maintain social stability.
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BBCTexas Governor Greg Abbott has directed state agencies to cease funding for AI-powered Flock cameras, responding to escalating privacy concerns across the nation. While most funding for these automated license plate readers (ALPRs) originates federally, Abbott's directive impacts state-level contributions. The move follows several Texas cities and counties terminating contracts with Flock Safety due to worries over data sharing and potential misuse. Flock Safety defends its technology as a crucial public safety tool, but critics, including Senator Josh Hawley, are investigating the extensive surveillance network it has established.
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Fox NewsA former White House teleprompter operator, Gabriel Perez, has been ordered to pay over $172,000 in profits and fines for using inside information to make bets on the prediction market Kalshi. The Commodity Futures Trading Commission (CFTC) announced the settlement, which also includes a three-year trading ban. Perez allegedly exploited his access to presidential speeches between December 2025 and February 2026 to bet on specific words and phrases. Kalshi's surveillance systems detected unusual activity, leading to an investigation and subsequent referral to the CFTC, highlighting regulatory efforts to maintain market integrity.
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CBS NewsNiger's capital, Niamey, experienced overnight gunfire and explosions targeting Diori Hamani International Airport and the presidential security perimeter. Lawmaker Bana Wagana Ibrahim confirmed that security forces brought the situation under control after what he described as "another cowardly attack." Niamey has seen previous jihadist attacks this year from groups like the "Islamic State in the Sahel" and the Group for the Support of Islam and Muslims. This incident underscores the ongoing struggle of Niger's military junta, similar to its Sahelian neighbors, to counter a persistent jihadi insurgency.
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Deutsche WelleTwo banks, Truist Financial Corp. and Fifth Third Bancorp, have temporarily halted the sale of products from Mark Walter's Delaware Life, following concerns over federal investigations into the insurer's asset reporting. Walter's holding company, TWG Global, acknowledged the probes but stated there was "no fraud." Delaware Life revised its affiliated-party assets from 3% to 42% after receiving grand jury subpoenas from the U.S. Attorney's Office and the SEC. This scrutiny gained public attention after Walter agreed to sell his majority stake in the Los Angeles Lakers, raising questions about the financial practices of his various entities. (not investment advice)
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CNBCLegendary singer Gladys Knight, at 82, has announced she will be performing fewer concerts to transition into a new phase of her life and career. This decision comes after recent performances, including shows in Detroit and the Hollywood Bowl, sparked health concerns among fans and staff. During these events, Knight reportedly took breaks and struggled with lyrics, with backup singers often assisting her. Her son, Shanga Hankerson, previously voiced worries about her health and alleged manipulation by her husband and manager, William McDowell.
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LA TimesFederal authorities have arrested Daejon Love, 35, and his alleged accomplice Taylor Jamie Chan, 18, on charges of conspiracy to commit wire fraud and wire fraud. The FBI claims Love posed as a San Francisco 49ers player on dating apps, using fictitious personas and luxury imagery to deceive over two dozen women. He allegedly convinced victims he was a sophisticated investor, offering nonexistent opportunities that promised massive returns. Victims reported no returns on their investments or loans, with Love reportedly cutting off communication once funds ran out or questions arose.
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The GuardianThe 9th U.S. Circuit Court of Appeals has ruled against prediction market platforms like Kalshi and Crypto.com, stating that sports-related event contracts are not federally regulated derivatives but rather sports bets. This decision rejects the platforms' argument that all event contracts fall under the Commodity Futures Trading Commission's (CFTC) exclusive jurisdiction as swaps. The ruling creates a circuit split with an earlier 3rd U.S. Circuit Court of Appeals decision that supported the CFTC's jurisdiction, making a Supreme Court review highly probable. This legal uncertainty impacts the burgeoning prediction market industry and traditional sports betting companies. (not investment advice)
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CNBCMeta has settled with 52 U.S. attorneys general for approximately $17 billion, resolving allegations that its platforms, Facebook and Instagram, were designed to be harmful and addictive to children. The settlement primarily focuses on implementing new safeguards and parental controls for users under 18, with most terms lasting for 10 years. Key features include a two-hour daily time limit, a "night mode" restricting access between midnight and 6 a.m., and the option for non-algorithmic feeds. Experts view many of these mandates as promising steps toward a safer online experience for young users.
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CNBCRescue operations are intensifying in Nepal and China following catastrophic flash floods and landslides that have killed nearly 600 people and left approximately 2,500 missing. The disaster, triggered by a glacier collapse in the Himalayas, has prompted warnings of further flooding from a newly formed upstream lake. While over 3,700 people have been rescued in Nepal, thousands, including many foreigners, remain unaccounted for. International aid, including U.S. supplies and support from organizations like Catholic Relief Services, is being deployed to assist the affected regions and survivors.
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CBS NewsPitcher Tarik Skubal made an emotional return to Detroit, his former team's home, leading the Los Angeles Dodgers to a 2-1 victory over the Tigers. Despite some boos mixed with cheers from the crowd, Skubal delivered a strong performance, allowing only one run on four hits over six innings. This appearance marked his first time pitching against the Tigers since being traded less than four weeks prior, after six years with the organization. His former teammates and fans acknowledged his significant contributions to the team's history, highlighting a unique moment in his career.
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LA TimesThe UK's emergency alert system is facing serious questions regarding its use for a nationwide wildfire warning earlier this month. Oliver Dowden, who launched the system, and its creators argue it was intended for imminent, life-threatening threats in narrow geographic areas, not broad public information campaigns. Critics fear that overusing the system, like the recent wildfire alert, could lead to a "cry wolf" effect, causing the public to ignore future, more critical warnings. The government maintains the alert was necessary given the high risk of wildfires, but calls for a review of its criteria are growing.
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BBCAn article highlights Taiwan's aggressive debt collection practices, particularly its actions against Grenada and St. Vincent and the Grenadines, as a stark counter-narrative to the common "debt trap" accusations against Beijing. Following Grenada's diplomatic shift to China in 2005, Taiwan, as its largest bilateral creditor, pursued a decade-long legal battle to recover full outstanding amounts, attempting to seize Grenada's revenue streams. This approach, described as weaponizing debt, serves as a clear warning to Taiwan's remaining 12 diplomatic allies. The article suggests Taipei's actions are driven by a sense of betrayal, contrasting with China's willingness to provide immediate liquidity and infrastructure rebuilding.
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South China Morning PostDavid Mireles, 53, arrested for DUI and released from Santa Barbara County jail, was found dead a week later on a hillside adjacent to the facility. Mireles was reported missing by the California Highway Patrol more than five hours after his release. Despite an extensive search of the jail property and surrounding areas, his body was discovered by a custodian within a few hundred feet of the jail. Investigators believe he had been there since his release, and the incident draws parallels to a similar case in Azusa where another man died after being released from police custody.
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LA TimesBox breathing, a technique involving equal four-second intervals of inhaling, holding, exhaling, and holding again, is gaining recognition as a potent tool for stress management. Individuals like Maria Medina, who used it to cope with anxiety after the Venezuela earthquakes, attest to its effectiveness in promoting sleep and calmness. Popularized by groups like the US Navy Seals, this breathwork method helps balance the nervous system and focus the mind. Research indicates it can prevent significant increases in heart rate and other stress markers, training the body to better handle elevated CO2 levels and reduce feelings of panic.
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BBCSomali piracy has seen a significant resurgence, with at least 13 ships attacked this year, marking the biggest escalation in over a decade. This surge is partly attributed to the ripple effects of the US-Iran war, which has diverted international naval forces to other strategic waterways like the Strait of Hormuz and Bab el-Mandeb. Pirates are exploiting this reduced patrolling, along with local anger over foreign trawlers overfishing in Somali waters. The recent hijacking of vessels, including one allegedly carrying Turkish weapons, has led to unprecedented drone strikes and highlights the complex interplay of regional conflicts and economic desperation.
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BBCAndrew Haden, 48, a former acting assistant U.S. attorney, died by suicide inside the Edward J. Schwartz federal building in San Diego, as confirmed by the San Diego County medical examiner’s office. Haden, a veteran prosecutor who held several leadership roles, was found dead on August 19 shortly after being reported missing. He was highly decorated, receiving awards for superior performance and outstanding federal lawyer. A fundraiser for his wife and two children has since raised over $240,000, with tributes highlighting his community contributions and personal impact.
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LA TimesSweetcorn is emerging as a surprising new ingredient in UK desserts and drinks, marking the latest development in the "swavoury" food trend. Previously confined to savory dishes, sweetcorn's natural sweetness and creamy texture are now being embraced in items like cookies, ice cream, and lattes. Influenced by South East Asian and South Korean culinary traditions, chefs and home bakers are experimenting with innovative combinations. While still an emerging trend, its presence in specialty bakeries and on social media suggests a growing appetite for unexpected sweet and savory fusions.
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BBCA California couple on a pilgrimage to Tibet recounted their terrifying survival of the catastrophic flash floods in Nepal, describing it as a "tsunami" of dark, debris-filled water. Anjana Raja and Pattabiraman Venkatesan narrowly escaped their tour bus as the glacier-triggered torrent engulfed the Nepali village of Timure. They sprinted for higher ground, witnessing homes collapse and hearing screams, eventually spending the night in a goat shed on a mountaintop before being airlifted to safety. The couple, who say everyone on their bus survived, now express a renewed appreciation for life after their near-death experience.
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CBS NewsIcelanders are participating in a referendum to decide whether to resume talks on joining the European Union, 13 years after negotiations were initially paused. The vote, brought forward by Prime Minister Kristrún Frostadóttir's government, highlights a close race between "Yes" and "No" campaigns. While security concerns are a factor, the debate primarily centers on Iceland's vital fishing industry and national sovereignty, with many fearing a loss of control under the EU's Common Fisheries Policy. A "Yes" vote would only initiate accession discussions, with a final decision requiring a second referendum and parliamentary approval.
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BBCThe UK is bracing for a bank holiday weekend marked by frequent downpours, strong winds, and gales, particularly across southern England and Wales. After weeks of heat and drought, heavy rain and thunderstorms are forecast daily, potentially impacting festivals and travel plans. While some drier, sunnier spells are expected, especially in Scotland and Northern Ireland, parts of the Midlands and northern England face a heightened risk of flash flooding. Temperatures will be slightly below average, ranging from 15 to 22 Celsius, making for a cooler feeling to the summer's end.
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BBCThe Local Government Association (LGA) has warned that a significant backlog of broken fridges and freezers is accumulating at waste centers across England and Wales. This "mountain" of white goods is a result of this year's multiple heatwaves, which increased breakdowns, coupled with a national shortage of specialists to safely process the appliances. With three of the UK's ten processing plants having closed recently, many councils have suspended collections. The LGA is urging the government to mandate white goods companies to share the burden and assist councils with storage costs, fearing increased fly-tipping.
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BBCBritish right-wing commentator Milo Yiannopoulos has been detained by Immigration and Customs Enforcement (ICE) in Louisiana and is awaiting deportation. The Department of Homeland Security stated Yiannopoulos overstayed his welcome after entering the U.S. legally in 2019 and failed to appear for an immigration hearing, resulting in a final order of removal. Known for his controversial remarks and advocacy for strict immigration enforcement, Yiannopoulos's detention follows his past calls for mass deportations and legal immunity for ICE agents. His flight back to the UK has reportedly departed, with DHS indicating he will not be allowed to return.
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BBCEngland is confronting a potential daily shortfall of five billion liters in public water supply by 2055, driven by increasingly frequent heatwaves, reduced rainfall, and rising demand. The article highlights that England's per capita water consumption significantly exceeds Denmark's, despite similar rates decades ago. Solutions proposed include reducing household consumption through behavioral changes and mandatory water meters, and addressing business overconsumption of potable water. While new reservoirs are planned, environmental hurdles and long construction times mean they will only meet a small fraction of the projected deficit, emphasizing the need for immediate, comprehensive strategies.
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BBCDolly Parton's Imagination Library, a philanthropic program providing free books to children from birth to age five, is being celebrated for its profound impact on literacy. Launched in 1995 in honor of Parton's illiterate father, the initiative has distributed over 300 million books worldwide by 2025. Families attest to the program's invaluable role in fostering a love of reading and aiding children's social and emotional development. The article highlights how the Imagination Library has created cherished routines and opportunities for learning, ensuring Parton's legacy continues to inspire future generations.
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BBCHolly Ratchford, former landlady to two 9/11 hijackers, has publicly spoken for the first time about her interactions with them and Omar al-Bayoumi, an alleged Saudi intelligence operative. Bayoumi, who co-signed the hijackers' lease and facilitated their lives in San Diego, is now central to a $1 trillion lawsuit against Saudi Arabia by 9/11 victims' families. Declassified FBI documents and court filings suggest Bayoumi's studies had ceased, and he was receiving significant payments from Saudi Ministry of Defence-linked companies. A federal judge found a "reasonable inference" that Bayoumi coordinated with the Saudi government in assisting the hijackers, a claim Saudi Arabia denies.
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BBCThe ongoing trade war between the U.S. and Canada has escalated, with new retaliatory tariffs imposed by Canadian Prime Minister Mark Carney on various U.S. goods. If President Trump's threat of 50% tariffs on Canadian vehicles materializes, it could significantly increase consumer prices for cars, trucks, and parts. Canada has also matched U.S. rates on steel and aluminum and imposed taxes on wood products, driving up construction costs. While Canada has targeted fungible household items to minimize direct consumer impact, the uncertainty created by these tariffs risks stifling investment and job creation on both sides of the border. (not investment advice)
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BBCSampson James, a former four-star Indiana University football recruit, found himself homeless after a knee injury and a bipolar disorder diagnosis derailed his athletic career and education. A chance encounter in Austin, Texas, with fellow Indiana alumnus Jasper Steinmetz proved to be a turning point. Steinmetz, recognizing James's IU backpack, started an online fundraiser that raised $17,000, enabling James to secure an apartment and essential necessities. This story highlights the power of connection and second chances, as James embarks on a fresh start, committed to not letting down those who supported him.
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CBS NewsSae Joon Park, a Purple Heart veteran who self-deported to South Korea last year, has received a pardon from New York Governor Kathy Hochul for his past bail jumping and drug possession convictions. This critical step offers renewed hope for Park, who served in the U.S. Army and was wounded in the 1989 invasion of Panama. Having lived in the U.S. since age seven, Park struggled with undiagnosed PTSD, leading to his legal troubles. The pardon allows his legal team to reopen his case and petition to vacate his removal order, potentially enabling his return to his family and the country he considers home.
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NPRGood Good Golf is experiencing significant backlash and has lost its partnership with Callaway Golf and a PGA Tour sponsorship due to a controversial online video ad. The ad, a parody of the horror movie "Obsession," depicted a male golfer shoving a female golfer, sparking widespread accusations of sexism and making light of violence against women. Both Good Good and Callaway have apologized, and Callaway has committed $1 million to organizations preventing violence against women. Critics emphasize that the incident damages Good Good Golf's brand beyond financial losses, questioning its market appeal.
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CBS NewsA fire at an abandoned property in Studio City has intensified a political dispute between Los Angeles Mayor Karen Bass and Councilmember Nithya Raman, with both blaming each other for the long-standing nuisance. Neighbors reported years of unaddressed complaints about homeless encampments, trash, and crime at the site. Raman's office claims to have flagged the property to the mayor's office months ago without action, while Bass's campaign criticized Raman's inability to resolve issues in her own district. The incident led to immediate city action to clear and secure the property, highlighting a breakdown in municipal responsiveness.
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LA TimesTennessee Governor Bill Lee has proposed renaming Nashville International Airport after the late country music icon Dolly Parton, who passed away recently at age 80. The proposal follows an online petition signed by over 157,000 fans advocating for the change. Lee stated that naming the airport after Parton would fittingly honor her enduring legacy of music, generosity, and kindness at a place that welcomes the world to Tennessee. The Metro Nashville Airport Authority will discuss the proposal, which currently faces a policy requiring individuals to be deceased for at least two years before airport properties can be named after them.
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CBS NewsCanada is actively recruiting dozens of top researchers from U.S. universities, including institutions like Harvard, offering C$504 million in funding for climate change and medicine research. Over three-fourths of the 64 professors relocating to Canada under a new government program are from the U.S. This initiative comes as the Trump administration has frozen federal research grants and criticized U.S. universities, creating an uncertain funding environment. Climate resiliency researcher Seth Guikema cited difficulties in his U.S. work as a reason for his move, highlighting Canada's strategic effort to bolster its research sector while asserting its global standing amidst escalating trade tensions with the U.S.
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BBCPresident Trump's Marine One helicopter encountered its second communication failure with air traffic control this month during a takeoff from Washington, D.C. on Thursday. The incident occurred shortly after the National Transportation Safety Board (NTSB) detailed a similar event in early August, where Marine One flew near a commercial jet due to unreadable transmissions. The FAA attributed the previous issue to inadequate line-of-sight from the Ellipse, a temporary takeoff location. Despite Transportation Secretary Sean Duffy's earlier assurance that the problem was resolved, Thursday's repeat incident indicates persistent communication challenges for the presidential helicopter.
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CBS NewsCharli XCX captivated the Reading Festival audience with an electrifying headline set, showcasing her evolving musical style and hits from across her career. This performance marked her first UK festival appearance since releasing her latest album, "Music, Fashion, Film," which incorporates a rock edge, contrasting with her previous electronic-pop work. The elaborate production included multiple costume changes, dramatic pyro, and a live band, reflecting her transition. Charli XCX seamlessly blended new tracks with fan favorites, concluding with the reflective "No One Lasts Forever," leaving a powerful impression on the tens of thousands gathered.
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BBCGwyneth Paltrow issued a humorous, tongue-in-cheek letter announcing the "postponement" of her Hamptons dinner intended to celebrate OpenAI co-founder Sam Altman, citing intense public scrutiny. The article, written from Paltrow's perspective, playfully addresses accusations of "technofascism" and "sucking up to our new A.I. overlords." She initially claimed the dinner aimed for a "private," "off-the-record," and "al fresco" discussion about AI's impact on beauty and lifestyle. The letter concludes with a twist, revealing the dinner is still happening at a decoy house, maintaining her signature blend of wellness and celebrity mystique.
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The Atlantic