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Fast-fashion retailer Shein launches its Hong Kong IPO, aiming to raise up to HK$13.86 billion and achieve a valuation of up to $US27 billion, a sharp decline from earlier private rounds. The company faces slowing growth and a recent quarterly loss amid rising trade costs and regulatory scrutiny.
The Department of Homeland Security's acquisition of 10 aircraft for ICE deportation flights, costing over $460 million, has drawn sharp criticism as most of the fleet remains grounded. Senators are demanding answers about the no-bid contract, while former and current DHS leadership trade blame over the costly and little-used planes.
Bitcoin's rally faces a pivotal week as U.S. economic data—PCE inflation, GDP, and jobs claims—and the Jackson Hole symposium take center stage. Analysts weigh the impact on Fed policy and crypto markets.
A video from the Freedom 250 Grand Prix showing a brief interaction between President Trump and First Lady Melania Trump has generated widespread online speculation, with lip readers offering differing interpretations. The presence of aide Natalie Harp nearby has fueled further discussion, though no confirmed evidence links her to any tension.
First lady Melania Trump spoke about her childhood passion for racing and her Fostering the Future initiative in a Fox interview. She credited her father for introducing her to the sport and announced new university partnerships for foster students.
Ampol's first-half net profit jumped more than four-fold to A$857.2 million, driven by soaring refining margins following the U.S.-Iran conflict. The company declared a record interim dividend of 185 cents per share, up from 40 cents a year earlier, while warning that market conditions remain tight.
Wyndham Clark overcame a shaky final round, surrendering a five-shot lead before birdieing the last three holes to win the BMW Championship by three strokes. The victory, his third of the season, moves him to No. 3 in the FedEx Cup standings ahead of the Tour Championship.
Brittany Boltinhouse, stripped of her Miss North Carolina USA title after old social media posts surfaced, has filed a defamation lawsuit against Miss USA officials, alleging a coordinated campaign to paint her as a racist and bigot over her conservative views. The suit claims political motivations behind her removal, while pageant officials deny this, citing the offensive posts.
Kyle Kirkwood claimed his second IndyCar victory of the season, dominating the inaugural Freedom 250 in Washington, D.C., finishing 3.09 seconds ahead of Christian Lundgaard. The race, part of the country's 250th birthday celebration, featured President Donald Trump giving the green flag and D.C. Mayor Muriel Bowser as grand marshal.
The Conference Board reported that consumer confidence fell to a seven-month low of 89.4 in August as the Iran conflicted kept gasoline prices above $4. While views of the present improved, the short-term outlook soured, and new data on July PCE inflation is due Wednesday. Markets also adjusted for a uncertain Fed path, and the dollar eased.
As new U.S. tariffs hit Canadian goods, the Conservatives are pressing the government to release details of the trade deal Canada rejected, citing the public's right to know. Prime Minister Carney defends the decision, while U.S. officials and premiers offer contrasting views.
Bitcoin and Ethereum exchange-traded funds saw their strongest week of inflows in 2026, drawing $2.6 billion as crypto prices rallied on a wave of macro and regulatory catalysts. Bitcoin climbed above its 200-day moving average for the first time since November 2025, while policymakers advanced several pro-crypto measures.
Luis Manuel Aviles, the father of a sailor on the USS Abraham Lincoln, was arrested by Border Patrol in Key West, Florida, but was released days later after an immigration judge dismissed his case. His arrest drew attention to the Trump administration's immigration crackdown on military families, with dozens of similar detentions reported.
Kyle Kirkwood won the inaugural Freedom 250 IndyCar race in Washington, D.C., leading 128 of 147 laps in a dominant performance. The race, part of the nation's 250th birthday celebrations, saw Kirkwood finish 3.09 seconds ahead of Christian Lundgaard, while Alex Palou's title hopes took a hit with a 20th-place finish.
Iran's Supreme National Security Council Secretary Mohsen Rezaei warned that Tehran could halt all oil exports through the Strait of Hormuz and the Persian Gulf if the US continues its economic war. The threat comes amid heightened tensions over US plans for tougher sanctions, with Iranian officials responding defiantly.
Syria confirmed US-mediated talks with Israel in Jordan on Sunday, marking the first high-level contact in months. The meeting aimed to ease tensions after Israeli strikes and address mechanisms to prevent further conflict. Sources said Foreign Minister Assad al-Shaibani met with Mossad chief Roman Gofman, though the meeting was not officially confirmed.
CMS Administrator Dr. Mehmet Oz told 'Face the Nation' that the MMR vaccine is not lethal, pushing back on President Trump's earlier claim. The statement comes as measles cases surge and two deaths were reported in Pennsylvania. The exchange highlighted a rare public split from a senior health official.
Ukrainian President Volodymyr Zelenskyy has publicly rejected calls for a wartime presidential election, warning it could 'split' the country. The call came from former defence minister Mykhailo Fedorov, whom Zelenskyy dismissed last month. Polls show most Ukrainians prefer to wait until the fighting ends.
President Donald Trump and first lady Melania Trump led a lap and waved the green flag to start the Freedom 250 Grand Prix, an IndyCar race through Washington, D.C., streets on August 25. The race, celebrating America's 250th anniversary, was made possible by a Trump executive order fast-tracking permits. Roger Penske, a longtime Trump friend, said the event was 'terrific' and premier.
US Special Envoy to Syria and Ambassador to Turkey Tom Barrack on Sunday clarified his earlier remarks that Israel 'still' occupies the Golan Heights, reaffirming that US policy, set by President Trump in 2019, remains unchanged. The clarification came after criticism from Senator Rick Scott and others, amid ongoing tensions over Israeli strikes in Syria and negotiations involving Turkey and Hezbollah.