Uber's stock dropped 7% after the company issued a third-quarter forecast for bookings and earnings that fell below analyst estimates, despite reporting a 12% rise in second-quarter revenue to $14.19 billion. The company is expanding its delivery services, including a $14.8 billion acquisition of Delivery Hero, and is investing over $10 billion in autonomous vehicles. CEO Dara Khosrowshahi noted accelerated trip growth in robotaxi-available markets, though AVs account for less than 0.5% of total trips. (not investment advice)

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AMD's stock fell 7% despite strong second-quarter earnings and a positive outlook for data center growth, as CEO Lisa Su addressed Elon Musk's commitment to Nvidia AI chips. Su expressed respect for Musk and confidence in AMD's partnerships and market position, noting increased customer visibility and demand for compute. Analysts suggest market expectations were too high, given the stock's significant rise, but some view the dip as a potential buying opportunity. This article discusses financial performance and market sentiment. (not investment advice)

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SpaceX shares dropped 13.6% following its first public earnings report, which revealed a sixfold increase in capital expenditures to $18.4 billion, largely for AI investments. Despite narrowing losses and promising $1 trillion in annual revenue by 2030, investors are concerned about the rapid spending and the company's path to profitability. An impending expiration of insider share lockups also contributes to market jitters. (not investment advice)

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A drone carrying an explosive device was found near Ukrainian cargo planes at Leipzig/Halle Airport in Germany, prompting a police response and controlled explosion. This incident, along with another unidentified object colliding with a cargo aircraft, has raised concerns about a "new level of threat," with German authorities warning of potential Russian involvement. The airport is a critical hub for military transport and logistics, used by the German military and NATO allies.

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A growing number of Gen Z individuals are switching from smartphones to "dumb phones" to combat social media addiction and its negative mental health impacts. This trend is driven by concerns over excessive screen time, with teens spending nearly five hours daily on social media. Companies like Dumb.co offer devices with essential apps but no social media, aiding users in disconnecting. Research suggests reducing social media use can improve sleep, concentration, and reduce stress.

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The FDA approved marketing for four new flavored nicotine pouch products, bringing the total to 30 recently greenlit. This move, including "Modified Risk Tobacco Product" status for ZYN, has prompted alarms from health advocates due to flavors like "Rich Berry" and "Cappuccino" potentially appealing to youth. Critics fear a new generation could face nicotine addiction risks, and experts highlight cardiovascular and oral health concerns. Sales of nicotine pouches have rapidly increased, underscoring the urgency for more research.

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Joshua Bonehill-Paine, a former neo-Nazi convicted of racially harassing a Jewish MP, has withdrawn his Conservative Party council candidacy following public backlash. Despite leader Kemi Badenoch's defense of his rehabilitation, Bonehill-Paine will now advise the party's Culture and Integration Commission on preventing radicalization. The decision to offer him an advisory role has drawn further criticism, with many, including his victim, calling it an "insult" and questioning Badenoch's judgment.

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This article presents a curated guide to late-summer deals, focusing on discounts for summer favorites and early fall essentials. It highlights various products, including a Samsung Galaxy Z Fold8 offer, an Anker docking station, a Hanes hoodie, and Brooks sneakers for plantar fasciitis. The guide also features editor picks like an Ooni pizza oven and smart buys under $25, along with top sales from retailers such as L.L.Bean, Adidas, and Best Buy.

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Abdul El-Sayed, a progressive candidate endorsed by Bernie Sanders, narrowly defeated moderate incumbent Haley Stevens in Michigan's Democratic Senate primary. This closely watched contest is seen as a proxy battle for the party's future ideological direction. El-Sayed will now challenge Republican incumbent Senator Mike Rogers in a critical race for Democratic control of the US Senate. Following his win, former President Trump publicly criticized El-Sayed.

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Professor Jason Arday, the youngest black professor at Cambridge, has resigned "with immediate effect" following a plagiarism row and a university investigation into his academic qualifications. Arday admitted to errors in his work but denied being a "liar," attributing some mistakes to his autism and alleging a "racially motivated" campaign against him. His resignation aims to end the intense public scrutiny and personal attacks he has faced since his appointment.

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The Senate has confirmed Dr. Erica Schwartz as the new director of the Centers for Disease Control and Prevention, filling a year-long vacancy. Schwartz, a retired Navy rear admiral and former deputy surgeon general, brings extensive experience in public health, including pandemic response. She is the first Black woman to lead the CDC, taking the helm amidst concerns over the Ebola outbreak in Africa and criticism of the Trump administration's vaccine recommendations.

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Ukrainian President Volodymyr Zelenskyy, citing intelligence, claims Russia plans to "expand mobilization" this autumn to recruit more soldiers for the war. He suggests Russia's army is suffering heavy losses and struggling to recruit, despite official denials from Moscow. Independent Russian media reports also indicate a decline in recruitment rates and discussions about mobilization. Analysts believe the Kremlin is laying groundwork for such a move, but its implementation remains uncertain.

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WHO Director-General Tedros Adhanom Ghebreyesus visited DR Congo, warning that the Ebola outbreak is "spreading faster than our scale-up of the response." This 17th outbreak is already the second-most deadly in DRC's history, with new cases doubling in some hotspots. Challenges include insecurity, displacement, striking health workers, and poor contact tracing. The US pledged $242 million in aid, as efforts focus on community engagement and accelerating access to care for the Bundibugyo strain, which lacks approved treatments.

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The Trump administration has refunded approximately $100 billion in tariffs, about 60% of the $166 billion collected under duties imposed using the International Emergency Economic Powers Act (IEEPA). This follows a Supreme Court ruling that found the IEEPA did not authorize these tariffs, leading to a federal judge's order for refunds. President Trump, critical of the rulings, stated the administration would recreate the tariff regime using other legal authorities, which are now facing their own challenges. (not investment advice)

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Eli Lilly reported better-than-expected quarterly results and increased its full-year guidance, primarily fueled by its GLP-1 drug portfolio, including Zepbound and Mounjaro. Despite declining prices, strong volume growth and expanded Medicare coverage for obesity drugs contributed to success. The company also saw growth in immunology, oncology, and neuroscience segments. While oral alternative Foundayo's initial revenue was slightly below expectations, rapid adoption is noted, and new pipeline drugs like retatrutide show future promise. (not investment advice)

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England's Jos Buttler has become the highest run-scorer in T20 cricket history, surpassing Kieron Pollard's record with 14,833 runs. The 35-year-old achieved this milestone with a six during a match for Manchester Super Giants. Buttler's remarkable 522-match career showcases consistent performance, particularly since 2021 when he moved to open the batting. His unique technique, strong wrists, and ability to perform under immense pressure are highlighted as key factors in his longevity and success.

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Federal Reserve Chairman Kevin Warsh is exploring reducing the number of annual rate-setting meetings, a move that could increase market volatility and trading opportunities. Since taking office, Warsh has already curtailed forward guidance and shortened post-meeting statements, aiming to lessen the Fed's direct impact on markets. While some Fed officials are open to re-examining the schedule, critics worry that less communication will force markets to guess at policy, potentially leading to higher long-term yields. (not investment advice)

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The US State Department plans to close five foreign consulates across Asia, Africa, North America, and the Caribbean, citing cost-cutting measures. Critics, particularly Democrats, warn that these closures risk creating a diplomatic vacuum that China could exploit to undermine American interests. The move continues a trend of cutbacks under Secretary of State Marco Rubio, with many ambassadorial posts remaining unfilled. Concerns are especially high for locations where China already has a diplomatic presence.

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Cesar Gastelum, a Mexican influencer with over 600,000 TikTok followers, was shot dead during a livestream outside a restaurant in Culiacan, Sinaloa. Video footage circulating online shows a motorcycle with two individuals approaching and one firing a gun at Gastelum. Local police confirmed his death and are investigating potential links to his social media posts about a criminal group. This incident highlights ongoing violence against influencers in the region, often tied to cartel activities.

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The Cboe Volatility Index (VIX), often called the "fear gauge," unusually rose alongside the S&P 500 during a recent rally, a phenomenon occurring about 20% of the time. This behavior is attributed to a record volume of call option buying, which, despite being bullish, drives up implied volatility and thus the VIX. This creates unique scenarios for traders, cautioning against far out-of-the-money call options while suggesting long-volatility hedges could still work if the market falls. (not investment advice)

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Disney's experiences division, encompassing parks, cruises, and resorts, reported record quarterly revenue of nearly $10 billion, a 10% jump year-over-year. This performance defies a general slump in international travel to the U.S. and outperforms competitors like Comcast. Strong domestic attendance and guest spending, attributed to promotions like "Cool Kids Summer" and refreshed attractions, drove the success. The addition of two new cruise ships also significantly boosted revenue for the resorts and vacations segment.

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Celebrity gossip journalist Perez Hilton was hospitalized in Miami after livestreaming acts of self-harm on social media, prompting multiple calls to the Miami-Dade Sheriff's Office. The TikTok livestream, which was later removed, reportedly showed Hilton in a distressed mental state. His family confirmed he is receiving medical care and requested privacy. TikTok stated an error delayed the video's removal but confirmed immediate law enforcement alert and account ban.

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Sheikh Hasina, former Bangladeshi prime minister, has vowed to return to her country in December, despite facing the death penalty for crimes against humanity. Convicted in absentia after fleeing to India during a 2024 uprising, she denies the politically motivated charges. UN investigators, however, found evidence of systematic violence by her government against protesters. Her return poses a challenge for India, which is examining Bangladesh's extradition request, and for the current Bangladeshi government.

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Francesca Hong, a democratic socialist and state Assembly member, is an unlikely frontrunner in Wisconsin's gubernatorial primary, following a progressive win in Michigan. Hong is moderating past controversial views, such as police abolition, while maintaining her socialist identity and focusing on issues like free childcare and taxing billionaires. Despite national progressive endorsements, she lacks support from figures like Bernie Sanders. Her campaign aims to build a diverse coalition to defeat GOP Rep. Tom Tiffany in the general election.

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Tennis legends Serena and Venus Williams will play doubles together at the Cincinnati Open, marking their first reunion on court since the 2022 U.S. Open. The iconic duo, who hold 14 Grand Slam doubles titles and three Olympic gold medals, received a wild-card entry for the tournament. Venus also secured a wild-card for singles. This highly anticipated return follows Serena's recent comeback to competitive tennis after a knee injury.

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The Washington Commanders are expected to sign four-time Pro Bowl wide receiver Stefon Diggs to a one-year deal worth up to $12 million. Diggs, 32, previously played for the New England Patriots and was recently acquitted of assault charges, with the NFL finding insufficient evidence for a suspension. He will provide a significant target for Commanders quarterback Jayden Daniels, having achieved his seventh 1,000-yard receiving season last year despite returning from a torn ACL.

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Google is reorganizing its AI divisions, with long-time chief scientist Jeff Dean leaving to start his own AI company, Discovery Loop. Demis Hassabis, co-founder and CEO of Google DeepMind, will transition to chairman of DeepMind and become Alphabet's chief scientist, focusing on strategic AI matters. This shake-up, which also promotes Koray Kavukcuoglu to lead the AI division, comes as Google intensifies its competition in the rapidly evolving AI industry, pouring massive capital into infrastructure. (not investment advice)

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Iran and Oman are in the final stages of drafting an agreement on commercial shipping in the Strait of Hormuz, potentially giving Tehran more control over the vital oil route. This comes as President Trump repeatedly claims a US-Iran deal is imminent, despite Tehran's denials of direct negotiations. The proposed Iran-Oman deal aims to establish a safe traffic route, with Iran cautioning against third-party obstruction. These developments have significantly impacted oil prices and global markets. (not investment advice)

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A mysterious surge in global purchases of used, often non-rare, nonfiction books, primarily from the 1970s-1990s, has sparked concerns that AI companies are acquiring them for training data. While one major AI company, Anthropic, previously admitted to destroying millions of books for scanning, direct evidence linking current buyers like Zoom Books to AI destruction is scarce. The practice raises ethical questions about knowledge creation, authorship, and the potential for "model collapse" if AI is trained on its own output.

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Leading activist Sonam Wangchuk, following a 26-day hunger strike, told the BBC that recent youth-led protests have "terribly" weakened Indian Prime Minister Narendra Modi. The demonstrations, which led to the education minister's resignation, were sparked by exam paper leaks and escalated into significant anti-government dissent. Wangchuk advocates for fundamental education reform to address India's high graduate unemployment, suggesting changes to exam systems to better measure skills. He believes the protests have empowered young people and shown the government's vulnerability.

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Over 120 MPs and peers have called for an "urgent review" of the UK student loan repayment system, arguing it places an "unsustainable burden" on graduates. The open letter, coordinated by Rethink Repayment, highlights concerns over high interest rates and frozen repayment thresholds for Plan 2 loans, which mean many middle-income earners see less than half of pay rises. Campaigners also referenced a BBC investigation that found previous government promotional materials for loans were "inaccurate" and "mis-selling."

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Brazil is preparing to become a regular borrower in China's yuan market, with a debut bond issuance expected before the end of the year. A treasury official stated that this move is more about "unlocking new investors" and establishing a sovereign curve in yuan, which is crucial for facilitating Chinese investment in Brazilian companies. While the initial borrowing amount will be small relative to Brazil's external debt, it represents a strategic qualitative step in diversifying its financial partnerships. (not investment advice)

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Anti-Trump conservatives, including Tucker Carlson, Marjorie Taylor Greene, and Thomas Massie, met to strategize on forming a third-party movement. The group, which includes former Trump official Joe Kent, aims to unite opposition to the war in Iran and a non-interventionist foreign policy. Kent stated that while challenging, the current two-party system is failing, and a new movement is needed. Carlson reportedly declined calls to run for president in 2028, but the group emphasizes a simple platform focusing on foreign policy.

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The National Defense Authorization Act (NDAA) for fiscal year 2027 reflects a broad bipartisan consensus in the US Congress to expand rivalry with China. Both House and Senate versions of the bill include new measures on Taiwan, artificial intelligence, defense supply chains, and preparations for a potential South China Sea crisis. This underscores how competition with Beijing has become deeply integrated into US national security policy, aiming to bolster resilience and strengthen defense ties with allies.

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Newcastle United has appointed Matthias Jaissle as their new manager, marking a significant change for the club. Jaissle, 38, previously successful in Saudi Arabia and Austria, faces the challenge of adapting to the Premier League. His philosophy emphasizes togetherness, hard work, and intense training, aiming to develop players and outperform clubs with larger wage bills. The appointment follows a challenging domestic season for Newcastle, and Jaissle is tasked with building on previous successes and starting a new cycle.

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A McKinsey Institute report highlights affordability as the "defining challenge" for Americans, with 90% citing groceries and food prices as their top concern, even over housing and healthcare. Consumer prices eased in June, but food costs continued to rise, up 3% year-over-year. Many families are using credit and savings for groceries, with some missing "buy now, pay later" payments. This sustained pressure leads to larger debt burdens, impacting even higher-income households. (not investment advice)

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Vladimir Tkachuk, director of the Uraldronzavod factory, which supplies Upyr drones to the Russian military, was seriously wounded in a car explosion near Yekaterinburg. The driver was killed. This marks the second attack in a week on Russian drone manufacturers. While no immediate details or claims of responsibility were given, Russian authorities have previously blamed Kyiv for targeted attacks against military officials. The incident underscores the ongoing covert actions and dangers within the conflict.

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Crude oil prices showed little change following reports of ongoing negotiations between the U.S., Iran, and Oman to manage ship traffic in the Strait of Hormuz. The proposed interim deal would involve inbound ships transiting Iranian waters and outbound ships using Omani waters. President Trump expressed optimism about a deal being close, while Treasury Secretary Scott Bessent also suggested an agreement could be reached soon. Prices briefly rose after Houthi allies in Yemen reportedly attacked a Saudi tanker. (not investment advice)

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Savers can earn substantial interest by depositing $40,000 into a 9-month Certificate of Deposit (CD) account, with top rates ranging from 3.80% to 4.10%. This investment strategy offers guaranteed returns, estimated between $1,135 and $1,224, by next May. CDs provide a secure way to protect money amidst market uncertainty while maintaining flexibility for future financial pivots. It's crucial, however, to commit to the full term to avoid early withdrawal penalties. (not investment advice)

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The Public Service Loan Forgiveness (PSLF) program continues to offer federal Direct Loan forgiveness for eligible public service employees, but qualifying requires specific criteria. Borrowers must work full-time for qualifying government or non-profit organizations, have eligible federal loans, and make 120 qualifying monthly payments, often under income-driven repayment plans. New rules for loans taken after July 1, 2026, necessitate using the new Repayment Assistance Plan. Regular employment certification is crucial, and other options like refinancing exist for those not qualifying. (not investment advice)

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Flutter shares fell 13% after the company missed earnings expectations, slashed its full-year U.S. profit guidance by 22%, and announced CEO Peter Jackson's departure. Dan Taylor, current CEO of Flutter's international business, will take over. The company acknowledged poor execution with FanDuel last year and plans a $270 million investment in its U.S. business to boost customer rewards and market share. Despite the near-term profit hit, Flutter aims for stronger momentum by 2027. (not investment advice)

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A massive Russian aerial attack on Kyiv killed 21 people and injured dozens, with Ukraine's depleted air defenses failing to intercept any ballistic missiles. This deadly strike, one of the most intense in months, destroyed logistics facilities and homes, underscoring a critical shortage of US-supplied Patriot interceptor missiles. Ukrainians, enduring years of war, now face increasing vulnerability to Russian barrages, as the lack of effective air defense directly contributes to civilian casualties and widespread destruction.

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The Kids Online Safety Act (KOSA), a bipartisan bill aimed at protecting children online, has advanced through the Senate Commerce Committee. The measure seeks to establish parental controls and mandate social media platforms like Meta, Snapchat, and TikTok to exercise "duty of care" in designing features that could harm kids. While the bill has strong Senate support, disagreements with a House version, which omitted the "duty of care" provision, and concerns from civil liberties groups about privacy and censorship, present future hurdles.

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The Independent Office for Police Conduct (IOPC) announced that the Met police officer, Sgt Martyn Blake, who shot Chris Kaba in 2022, will not face misconduct proceedings. Blake was previously cleared of murder in 2024. The decision follows a change in law regarding the use of force in misconduct cases, aligning it with the criminal law test. Commissioner Sir Mark Rowley criticized the accountability process for officers, while Kaba's family and advocacy groups expressed disappointment.

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