A wave of dip buying led to a stock rebound after a $6.5 trillion selloff. The S&P 500 rose by 1%, with all major sectors gaining as buyers capitalized on the “oversold” market. Historically, such slumps have been followed by a 6% median return over three months. The VIX saw its biggest drop since 2010. Treasuries fell as haven asset demand decreased, and expectations for … Continue reading Stock markets rally after global rout
Former President Donald Trump mocked Vice President Kamala Harris’s selection of Minnesota Governor Tim Walz as her running mate with a two-word post on Truth Social: “THANK YOU!” This choice indicates that Harris opted for the most far-left candidate on her shortlist rather than focusing on gaining support in critical battleground states such as Pennsylvania. While Minnesota is part of the Blue Wall, it is … Continue reading ‘THANK YOU!’ Donald Trump Mocks Kamala Harris’s VP Pick
The Venezuelan attorney general, a close ally of President Nicolás Maduro, is investigating opposition leaders María Corina Machado and Edmundo González for alleged “incitement to insurrection.” The opposition leaders had urged security forces to support anti-government protests and disregard orders to repress them. Tensions have escalated since the government declared Maduro the winner of the election without releasing detailed voting tallies. The opposition claims that … Continue reading Criminal probe launched into Venezuela opposition leaders
Hamas has appointed Yahya Sinwar, its Gaza leader and a planner of the October 7 terror attack on Israel, as the new head of its political bureau after the assassination of Ismail Haniyeh. Israel accuses Sinwar of masterminding the attack and considers him a key target in its Gaza operations. Sinwar remains elusive, reportedly moving through Gaza’s tunnel network. Haniyeh’s assassination in Tehran has escalated … Continue reading Hamas names Yahya Sinwar as head of political bureau
Bangladesh’s Nobel laureate Muhammad Yunus will lead the interim government after former Prime Minister Sheikh Hasina stepped down and fled due to a mass uprising, primarily led by students. The announcement came from President Mohammed Shahabuddin’s press secretary, Joynal Abedin, who mentioned that the other members of the Yunus-led government would be determined soon in consultation with political parties and stakeholders. Leaders of the student … Continue reading Nobel laureate Muhammad Yunus to lead Bangladesh interim government
Vice President Kamala Harris has chosen Minnesota Gov. Tim Walz as her running mate for the upcoming election against Donald Trump and JD Vance. The Harris campaign announced that Harris and Walz will travel across the country, highlighting their vision for progress compared to their opponents. They will start their tour in Philadelphia and visit seven key battleground states, ABC News has reported. Walz’s background … Continue reading Kamala picks Minnesota Gov. as running mate
A Sunday night spaghetti dinner turned into a saucy showdown when a 41-year-old man, Anthony Fiacco, hurled pasta at his mother, hitting her in the head and leaving her splattered with sauce. The heated argument in their Florida home escalated quickly, ending with Fiacco making a run for it when the cops arrived. The officers found him hiding behind a bush in the backyard, but … Continue reading Man arrested for spaghetti attack on mother
Louisiana has become the first US state to impose surgical castration on those convicted of sex crimes against children. The new law allows judges to order the irreversible removal of testicles or ovaries for offenders guilty of crimes like rape, incest, molestation, and juvenile pornography involving victims under 13. Democratic Senator Regina Barrow, who authored the law, hopes the severe punishment will deter potential offenders. … Continue reading Louisiana becomes only 4th place in world first to impose surgical castration on child rapists
Nine people, including six children, died after a vehicle overturned in a Florida canal on Monday evening. The incident occurred near Belle Glade in Palm Beach County. A lone survivor, 26-year-old Jorden Hall, remains hospitalized with serious injuries. The vehicle went off Hatton Highway, hit a guardrail, and overturned in the canal. Four victims died at the scene, and five others died in the hospital, … Continue reading 9 dead, including 6 children, after vehicle overturns in Florida canal
Rep. Andy Ogles, a Tennessee Republican representing part of Nashville, was reportedly searched by the FBI last week following his recent primary election win on August 1. Ogles is currently facing controversy over his campaign’s finances, having admitted to mistakes in his financial disclosures. In May, he amended several reports and retracted a claim of personally loaning his campaign $320,000. The FBI declined to confirm … Continue reading FBI agents carry out search warrant for Republican Rep
A Pakistani man, Asif Merchant, with alleged ties to Iran, plotted to hire hitmen to assassinate former President Donald Trump and other U.S. politicians, according to a federal criminal complaint. Merchant, 46, planned the assassinations in New York City and paid $5,000 in advance to undercover officers posing as contract killers. He met with them in June and was arrested in July while preparing to … Continue reading Pakistani national with ties to Iran tried to hire hitmen to potentially assassinate Trump, US politicians
Myanmar’s junta has lost contact with senior officers at a major military base near the Chinese border after rebels claimed control of the regional army headquarters. The Myanmar National Democratic Alliance Army (MNDAA) posted photos of its troops at the Lashio base, following intense fighting. Junta spokesman Zaw Min Tun confirmed the loss of contact and the possible capture of senior officials. This marks a … Continue reading Myanmar junta says senior officers held as rebels seize major base
Russia’s Defense Ministry announced it is deploying reserve troops and aviation units to the southwestern Kursk region after a surprise Ukrainian incursion killed at least three civilians and injured over a dozen. Ukrainian forces, using up to 300 soldiers, 11 tanks, and more than 20 armored vehicles, attacked villages near the border with Ukraine’s Sumy region. The Russian military, with FSB border force units, is … Continue reading Moscow Rushes Troops to Kursk Region as 3 Killed in Ukrainian Attacks
Russia has heightened tensions in the Middle East by urging Iran to minimize civilian casualties in its response to Israel’s alleged assassination of a Hamas leader, rather than advising against escalation. This pragmatic approach reflects Putin’s interest in the safety of the 1.2 million Russian and former Soviet émigrés in Israel. Putin asked Iranian Supreme Leader Ayatollah Ali Khamenei to respond cautiously to Israel, which … Continue reading Putin urges Iran to avoid civilian casualties in Israel retaliation while arming Tehran
Elon Musk labeled Prime Minister Keir Starmer as “two-tier Keir,” referencing unequal police treatment of British protesters and minority groups. Downing Street dismissed Musk’s comments, previously condemning his civil war remarks as baseless. Labour MPs have been advised not to engage in online debates about recent violent protests, focusing instead on promoting unity. Ministers, including Shabana Mahmood, refuted claims of biased policing, The Guardian has … Continue reading Elon Musk calls PM ‘two-tier Keir’ over police response to UK riots
Seven U.S. personnel were injured in a suspected rocket attack on U.S. and Coalition forces at Al-Assad Air Base in western Iraq. The injured include five U.S. service members and two U.S. contractors, all of whom are in stable condition. Five are being treated at the air base, while two have been evacuated for further care. Two rockets were confirmed to have been launched at … Continue reading 7 US personnel injured in rocket attack on Iraqi base, officials say
This morning, August 5, the sun emitted two powerful X-class solar flares. The first flare, an X1.7, originated from sunspot AR3767 and peaked at 9:40 a.m. EDT (1340 GMT). Less than two hours later, sunspot AR3780 released an X1.1 flare, peaking at 11:27 a.m. EDT (1527 GMT). X-class flares are the strongest type of solar flares and are often accompanied by coronal mass ejections (CMEs), … Continue reading The sun fires off 2 powerful X flares in less than 2 hours
The U.S. Space Force is focusing on ‘small GEO’ satellites, weighing 300 to 500 kilograms, to enhance military communications more cost-effectively and efficiently. These satellites offer geostationary capabilities at reduced costs and quicker development times compared to traditional multi-ton GEO satellites. Cordell DeLaPena, a key Space Force official, emphasized their need for agile and resilient communication systems. Clare Hopper, head of the Space Force’s Commercial … Continue reading Space Force explores ‘small GEO’ options for resilient communications
A satellite watcher has captured new images of China’s mysterious space plane during its third flight. Launched on December 14, 2023, by a Long March 2F rocket, the robotic vehicle was photographed by Felix Schöfbänker in Upper Austria. The images reveal two features at the end of the plane, which Schöfbänker speculates could be solar panels or antennas, not depicted in available computer renderings. He … Continue reading China’s secretive space plane caught on camera in orbit
Boston Dynamics has introduced a new all-electric version of its humanoid robot, Atlas, following the discontinuation of the previous hydraulic model known for its parkour and backflip abilities. In a video shared on social media, the next-gen Atlas is shown standing up from a lying-down position, a movement impossible for humans, which some viewers found “creepy” and “scary.” The company explained that the humanoid design … Continue reading Boston Dynamics unveils ‘creepy’ robot to replace Atlas
Russia has revealed new details about its ground-based laser weapon system, Peresvet, in the latest issue of “Army Digest.” Designed to protect important areas and assets from enemy reconnaissance satellites, Peresvet uses powerful laser beams to neutralize satellites at altitudes of 200 to 1,100 kilometers. The system offers 360-degree coverage and can engage targets within a 21 to 155-degree elevation angle. Its primary mission is … Continue reading New details emerge on Russia’s secret laser weapon system
Advanced Chinese-made robots with lifelike capabilities are set to enter the global market, prompting some U.S. lawmakers to call for a ban. Various Chinese companies have developed humanoid robots capable of carrying boxes, moving quickly, and mimicking human facial expressions. Unitree Robotics, a leading firm, has created a $90,000 robot that runs up to 11 mph and a $16,000 version that can withstand physical impacts … Continue reading Chinese humanoids raise alarms in Congress: ‘Stealth army on our land’
Japan’s stock market confirmed a bear market on Monday as the Nikkei 225 and Topix both fell over 12%, continuing last week’s sell-off in Asia-Pacific markets. The indexes have dropped more than 20% from their July 11 all-time highs. The Nikkei’s 12.4% loss, closing at 31,458.42, marked its worst day since Black Monday in 1987, with a record point drop of 4,451.28, erasing all gains … Continue reading Japan’s Nikkei logs worst day since 1987 Black Monday crash
Stocks plummeted on Monday, with the Dow Jones Industrial Average experiencing its worst day in nearly two years due to concerns about the U.S. economy, triggering a global market sell-off. The Dow dropped 1,033.99 points (2.6%) to 38,703.27, the Nasdaq Composite fell 3.43% to 16,200.08, and the S&P 500 declined 3% to 5,186.33. Both the Dow and S&P 500 saw their largest daily losses since … Continue reading Dow tumbles 1,000 points in global market sell-off
A U.S. judge ruled that Google violated antitrust laws by spending billions to establish an illegal monopoly as the default search engine, marking a significant victory for federal authorities challenging Big Tech’s dominance. The decision sets the stage for a second trial to determine potential remedies, which could include breaking up Google’s parent company, Alphabet. District Judge Amit Mehta declared Google a monopolist controlling 90% … Continue reading Google has an illegal monopoly on search, US judge finds
