Ukrainian President Volodymyr Zelensky met with President Donald Trump in Washington today.
Trump met with Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelenskyy to discuss foreign policy issues ahead of Sen. Lindsey Graham's funeral.
Iran reports human and economic losses during the war with the United States as diplomatic efforts continue over security in the Strait of Hormuz.
World
Iran reports loss of gas production capacity and claims Bushehr Airport has been disabled, with 350 government employee deaths during the war.
Iraqi Kurdistan Region came under large-scale drone attack while Israeli raids and arrests continued in the West Bank.
French authorities evacuated nearly 4,000 people from Atlantic coast tourist sites as returning heat threatened control of a massive wildfire west of Bordeaux.
Business
UPS beat earnings expectations with revenue of 22.8 billion and adjusted earnings of 1.76 per share, raising full-year revenue guidance to 91.2 billion.
Alphabet reported negative free cash flow of 5.9 billion in the quarter, its first negative quarter since its 2004 IPO due to heavy AI investment.
Volkswagen reported weaker second-quarter profits and confirmed plans to cut up to 100,000 jobs, double its previous stated target.
Technology
Samsung Electronics fell over 13% and SK Hynix dropped more than 14% in South Korea's market as semiconductor stocks experienced heavy selling.
Nvidia is considering a $250 billion financing guarantee tied to OpenAI's planned Ohio data center while also investing in Ilya Sutskever's Safe Superintelligence.
Anthropic released Claude Opus 5 as Big Tech faces pressure to prove record AI spending translates into sustainable returns.
Science
Researchers discovered charcoal hidden in black pigments at France's Font-de-Gaume cave, enabling radiocarbon dating that precisely aged the ancient paintings for the first time.
Scientists created an electron lighthouse using laser light to launch and steer electrons through semiconductors without applying electrical current, opening new possibilities for electronic devices.
Insulin-producing cells were found to depend on helper proteins to maintain production, and missing partners caused protein damage and reduced insulin output, suggesting a path to diabetes treatments.
Economy
Elevated energy prices have pushed inflation further from the Fed's 2% goal, with PCE inflation at 4.1% in May, well above target.
The Federal Reserve is expected to hold interest rates steady at 3.5% to 3.75% today, which would mark the fifth consecutive meeting without a rate change.
The labor market has seen robust job gains over the past few months and appears broadly in balance despite a softer-than-expected employment report in June.
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