China is directing roughly $28 trillion in capital-market resources toward AI and semiconductor firms, with the CXMT IPO surging 466% on debut. The move sharpens a state-led challenge to U.S. tech dominance.
Trump promoted staff secretary Will Scharf to White House counsel effective Sept. 1, replacing David Warrington ahead of the November midterms and likely Democratic oversight fights.
Netanyahu publicly rejected a Trump-backed 15-point Gaza plan Sunday, insisting Hamas disarm fully before any Israeli withdrawal. The move opens a rare rift with the White House and puts a U.S.-brokered regional settlement in doubt.
Iran is demanding U.S. concessions before it will fully reopen the Strait of Hormuz, sending oil prices up and stocks down as the war stalemate drags on.
A New Mexico court ordered Meta to pay $567 million toward youth mental-health services, raising the company's total penalty to $942 million after a jury found it liable earlier this year.
Iran says a deal with Oman on a Hormuz shipping route is in its final stages, but Tehran insists the strait will not fully reopen while a US blockade remains.
President Trump signed two executive orders limiting birthright citizenship and targeting so-called birth tourism, reopening a fight the Supreme Court settled against him in June.
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