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President Trump met with crypto executives at the White House as the SEC proposed new regulations, while saying his administration had discussed buying more Bitcoin but made no decision. The event highlighted the industry's growing influence, with Trump's family having earned over $1.4 billion from crypto ventures.
Japan is intensifying diplomatic efforts to ensure free and safe navigation in the Strait of Hormuz and Bab el-Mandeb, key routes for Middle East oil, as Foreign Minister Toshimitsu Motegi wraps up a six-day visit to Saudi Arabia and Oman. Prime Minister Sanae Takaichi has also held phone talks with regional leaders, with some in her administration urging face-to-face meetings to achieve a breakthrough amid unpredictable U.S.-Iran negotiations.
President Trump led reporters on a tour of new White House construction, including a granite driveway and helipad, while the U.S. faces a record $40 trillion debt and ongoing war with Iran. Critics, including Sen. Jon Ossoff, accuse Trump of prioritizing construction over presidential duties.
The Pentagon has fired the editor-in-chief, a reporter and the publisher of the US military newspaper Stars and Stripes, escalating a showdown over editorial independence. The dismissals follow the outlet's coverage of sailor welfare and come amid broader restrictions on press access.
South Korea has launched its first commercial container ship voyage through the Arctic, testing the route's viability as Middle East conflict disrupts traditional shipping lanes. The PanStar Acro, carrying 837 TEUs of cargo, is expected to take about 45 days to reach European ports, but the trip has sparked environmental and geopolitical concerns, including potential friction with Western allies over Russia's role.
Prince Harry and Meghan Markle are reportedly planning to relocate with their children to a private residence outside London later this month, six years after stepping back from royal duties. The move has sparked debate over security funding and family tensions, with reports suggesting the stay may not be permanent.
The Duke and Duchess of Sussex are reportedly planning to move back to the United Kingdom later this month, six years after stepping down as working royals. Their children have been enrolled in a British school, sparking questions about security, royal relations, and Meghan's potential return to acting.
Anthropic's Claude assistant can now manage full Gmail inboxes and send or forward emails without user approval by default, though users can adjust settings. The update also expands Claude Cowork access to all paid accounts on mobile and web.
The US public debt has surpassed US$40 trillion for the first time, a milestone that comes as lawmakers show little appetite for addressing fiscal deficits. Treasury Secretary Scott Bessent says he has a plan, but financial markets and observers remain doubtful about near-term progress.
US gross national debt surpassed $40 trillion for the first time, according to Treasury data, months earlier than projected. The milestone has renewed warnings from economists and lawmakers about unsustainable deficits, rising interest costs, and the need for fiscal reforms.
The 2026 Little League World Series runs Aug. 19-30 in Williamsport, Pa., with 20 teams competing in 38 games broadcast on ESPN, ESPN2, and ABC. Fans can stream via Sling, ESPN+, and other services, with free trials available. Daily schedules, results, and the MLB Little League Classic are covered.
HoverAir’s Versa, the world’s first 2-in-1 pocket gimbal camera and drone, was launched on Indiegogo claiming FCC certification. However, the FCC has stated the certification was granted erroneously, revoked it, and directed HoverAir to cease US sales. HoverAir says the drone's design, with a separate Flight Kit, avoids the need for a separate FCC ID, but the FCC says the device is on the Covered List.
Gujarat Chief Minister Bhupendra Patel urged the Gujarati diaspora in Washington to invest in hotels and tourism infrastructure, part of a broader outreach ahead of the Vibrant Gujarat Summit 2027. During his North America visit, he also met World Bank officials, presented GIFT City, and spoke at a community event in New Jersey.
Lesley Vogel, Hayden Panettiere's estranged mother, has publicly disputed the account given by Brian Hickerson, the actress's on-again, off-again boyfriend, regarding the day Panettiere died. Vogel alleges inconsistencies in the timeline and claims Hickerson had to leave to obtain Narcan, raising questions about the circumstances. Authorities have not accused anyone of wrongdoing, and the investigation remains ongoing.
September WTI crude oil climbed 1.67% on Tuesday, buoyed by a weaker dollar and persistent Middle East supply disruptions, while gasoline prices slipped. The UAE's decision to cut economic ties with Iran and renewed Israeli strikes heightened concerns, though OPEC production increases and rising US inventories tempered gains. IEA head Fatih Birol warned the Strait of Hormuz crisis has caused long-term damage to energy markets.
Attacks on shipping have shut down over 97% of Russia and Ukraine's grain export capacity in the Azov and Black Sea basin, driving up global prices. Ukraine proposed a truce on attacks against grain ships, but Russia rejected it, demanding guarantees against strikes on its energy infrastructure. Meanwhile, Ukraine's grain exports have fallen to about a fifth of potential shipments, with ports in Odesa effectively ceased operations.
Gold and silver surged to their highest levels in two months after the U.S. Treasury announced it would double the size of its long-term debt buybacks, sending bond yields lower. Bitcoin also rallied above $77,000 as Washington pushed pro-crypto policies and a dollar sell-off drove investors toward alternative assets.
The SEC's proposed Regulation Crypto Assets, announced Tuesday, aims to replace an enforcement-first approach with a clearer framework for crypto fundraising. Commissioner Hester Peirce called it a meaningful move past outdated rules, while Chairman Paul Atkins said it provides clear pathways under federal securities laws. Grayscale's research head sees potential for increased token-based fundraising in the U.S.
Treasury yields have climbed to multi-decade highs, with analysts suggesting the bond market is testing Federal Reserve Chairman Kevin Warsh ahead of his first Jackson Hole speech. Warsh has declined to provide forward guidance, leaving investors guessing about the Fed's next moves, while Treasury Secretary Scott Bessent has pledged to increase bond purchases to ease market concerns.
Stetson Bennett's strong preseason performance has intensified the debate over the Rams' backup quarterback spot, with rookie Ty Simpson also making a case. Coach Sean McVay remains undecided on the pecking order, while ESPN analyst Dan Orlovsky suggested Atlanta Falcons trade for Bennett.