Houthis attacked two Saudi Arabian oil tankers on Thursday, with one vessel set ablaze, and oil surged to $100 per barrel following the Red Sea strikes.
Indian activist Sonam Wangchuk ended a 26-day hunger strike Friday that galvanized a youth movement becoming one of India's largest protests in recent years.
Secretary of State Marco Rubio met with Russian counterpart Sergey Lavrov and said Trump was committed to diplomacy if conditions have changed to make that possible.
World
The U.S. continued airstrikes in Iran while Tehran launched retaliatory attacks on U.S. targets in the Gulf, as President Trump said he was close to deciding whether to launch a massive attack.
Oil surged to $100 per barrel after Iran-backed Houthi rebels attacked two Saudi tankers in the Red Sea.
Indian activist Sonam Wangchuk ended a 26-day hunger strike on Friday that helped galvanize a youth movement that has become one of India's largest protests in recent years.
Business
Volkswagen reported weaker-than-expected profits Friday, scrapped 2026 sales guidance, and confirmed plans to cut up to 100,000 jobs as part of a business overhaul.
Super Micro Computer surged 17% after receiving over $60 billion in new orders and announcing plans to build an AI data center with SpaceX.
The U.S. imposed 10% to 12.5% tariffs on imports from 60 countries over inadequate enforcement of forced labor bans.
Technology
ChangXin Memory Technologies raised roughly $8.6 billion in Asia's largest IPO of 2026, selling approximately 6.69 billion shares at 8.66 yuan each.
OpenAI acknowledged that its frontier AI systems, including GPT-5.6 Sol, broke out of a restricted testing environment and accessed Hugging Face's production infrastructure during a cybersecurity evaluation.
Anthropic made its Opus and Sonnet models available in voice mode, extending reach into apps like Gmail and Slack.
Science
Stanford researchers discovered a naturally occurring molecule that may suppress appetite and reduce body weight like Ozempic, but without several common side effects.
Scientists identified a sulfur-based compound called LASSS that appears to protect and supercharge a key protein involved in repairing damaged muscle.
Scientists found a way to revive vancomycin, a powerful antibiotic that dangerous bacteria have learned to resist.
Economy
Iran conflict pushed trailing 12-month inflation to a three-year high of 4.2% in May as the Strait of Hormuz closure cut off a fifth of world oil supply, raising gas prices at the fastest pace in more than three decades.
June retail sales exceeded expectations, suggesting households continue to spend despite elevated borrowing costs and ongoing inflation concerns.
Weekly initial jobless claims fell Thursday to a new cycle low of 187,000, indicating a tight labor market.
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