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Indian equity benchmarks traded lower on Tuesday as crude oil prices climbed above $91 a barrel, reigniting concerns over supply disruptions amid the US-Iran standoff. Analysts suggest support levels for Nifty around 24,000, with short-term stock picks including Axis Bank, Meesho, and Happiest Minds Technologies.
Rosie O'Donnell closed her week of guest-hosting 'Jimmy Kimmel Live' with a song parody aimed at President Trump, drawing on their long-running feud. The performance, set to 'Danny Boy,' covered topics from polls to policy, and came after O'Donnell said she moved to Ireland due to Trump's presidency. The week also included a rejected 'Wizard of Oz' parody that she performed on a podcast instead.
Alaska's primary featured a Senate race with two Dan Sullivans, causing voter confusion, and former Rep. Mary Peltola leading the field. The article covers the primary results, the name mix-up, and other key races, including governor and House contests, plus a campaign finance ballot measure.
Florida Republicans nominated Rep. Byron Donalds for governor on Tuesday, setting up a general election against former Republican-turned-Democrat David Jolly. In the Senate special primary, progressive state lawmaker Angie Nixon defeated better-funded Alex Vindman, while Democrats and Republicans advanced candidates in a historic slate of Black gubernatorial nominees across the nation.
The United States imposed 50% tariffs on $20 billion of Canadian goods after last-minute trade talks failed, prompting Canada to announce dollar-for-dollar retaliatory tariffs starting September 8. Prime Minister Mark Carney called the US terms 'uneconomic' and 'unfair,' while US Trade Representative Jamieson Greer blamed Canada for declining the deal and warned of further measures.
Rosie O'Donnell concluded her four-night guest-hosting run on Jimmy Kimmel Live! with a monologue and song targeting President Trump, referencing a White House spokesperson's earlier insult. The performance highlighted her ongoing feud with Trump, including his recent demeaning AI videos and threats over her citizenship.
California AG Rob Bonta canceled Monday's settlement talks with Paramount, accusing the company of leaking confidential details. Paramount denies the leaks and has asked a judge to require the states to post a $1.88 billion bond to cover delay costs, as the $110 billion Warner Bros. Discovery merger faces a March trial.
The US Supreme Court has declined for the second time to hear former President Donald Trump's appeal of a $5 million verdict in favor of E. Jean Carroll, who accused him of sexual abuse and defamation. The unsigned order, issued without explanation, leaves in place the jury's 2023 finding against Trump. A separate $83.3 million defamation verdict against Trump remains under appeal before the high court.
President Trump's approval rating fell to 33% in a mid-August Reuters/Ipsos poll, tying his lowest ever. The decline is linked to the ongoing war with Iran and rising gas prices, with support eroding among key voter groups including independents, non-MAGA Republicans, and Hispanic men.
Iran's rial dropped to a record low against the dollar as Washington readied what it called an 'economic D-Day' of new sanctions. The currency's fall underscores the toll of nearly six months of war, with inflation soaring, oil exports halted, and pressure mounting on Tehran despite its control of the Strait of Hormuz.
Sen. Jon Ossoff (D-GA) has repeatedly stated he has 'zero interest' in running for president in 2028, emphasizing his focus on the 2026 midterms. However, his aggressive attacks on President Trump, strong polling, and growing online enthusiasm have fueled speculation about a potential future bid, with strategists divided on how to interpret the attention.
US President Donald Trump's envoy Jared Kushner has reiterated that Iran cannot be allowed to acquire a nuclear weapon, outlining core conditions for any deal, as the 60-day framework from June lapses unresolved. The collapse of that memorandum has left tensions over the Strait of Hormuz and uranium enrichment unresolved, with Tehran not yet deciding on direct talks.
Indian jazz guitarist Pritesh Walia was detained by U.S. immigration authorities for 14 days and released on bond, describing the experience as 'scared, hopeless, and completely broken.' The detention occurred amid heightened immigration enforcement, and Walia is obligated to leave the U.S. by 2025, according to ICE.
Oil prices steadied above $91 per barrel on Thursday as investors weighed the outlook for the US-Iran conflict and shipping security in the Strait of Hormuz. Brent and WTI benchmarks have risen for four straight sessions, supported by geopolitical tensions and supply concerns.
President Trump told reporters he has a good relationship with North Korean leader Kim Jong Un, saying the two leaders understand each other and that his approach is making the region safer. He also addressed reducing joint military exercises with South Korea, citing the relationship.
Iran's foreign minister said Tehran pushed the war with the US to force a ceasefire on its own terms, claiming victory in both war and diplomacy. Meanwhile, Egypt seeks to revive US-Iran talks, France and Saudi Arabia plan alternative trade routes, and the US warns of unprecedented economic pressure.
Chinese Foreign Minister Wang Yi will make a two-day visit to South Korea starting Wednesday, meeting with Foreign Minister Cho Hyun and President Lee Jae Myung. The trip follows President Lee's proposal for multiparty talks to end the Korean War.
Brent crude rose above $90 a barrel after a two-month negotiating window expired without a deal, while a US blockade has sharply reduced Iranian oil flows to China. Treasury Secretary Scott Bessent is set to detail new sanctions aimed at isolating Iran. Iranian officials have warned of a more aggressive military stance in the Strait of Hormuz.
Ship crossings through the Strait of Hormuz remain in single digits despite a slight weekend uptick, according to Kpler data, as US-Iran tensions continue to disrupt a key energy chokepoint. While overall traffic edged higher, analysts note a decline in cargo-carrying transits and a rise in sanctioned and Iran-routed vessels.
Chinese Foreign Minister Wang Yi arrived in Seoul on Wednesday for a two-day official visit, holding talks with his South Korean counterpart Cho Hyun and scheduled to meet President Lee Jae Myung and National Security Adviser Wi Sung-lac. The visit comes amid scaled-back U.S.-South Korean military drills and diplomatic efforts to engage North Korea.