Senate Homeland Security Committee voted to hold Dr. Anthony Fauci in contempt of Congress along party lines 8-5 after he declined to answer lawmakers questions at a hearing on the origins of the COVID pandemic last week.
Trump administration refunded more than half of tariffs it collected before the Supreme Court struck down the duties in February, or about $100 billion of $166 billion in levies.
Abdul El-Sayed defeated Haley Stevens in Michigan's Democratic Senate primary.
World
FIFA apologized for errors over Gianni Infantino's failed plan to sell World Cup stakes, with senior staff reaffirming support for his presidency.
South Korea is moving away from prioritizing immediate North Korean denuclearization as a policy approach.
The United States revoked the visa of Brazil's ambassador in a mounting diplomatic row before elections in Latin America.
Business
Up to 911.5 million SpaceX shares worth about $100 billion became eligible for sale Thursday, the first unlock since the company's June IPO, with SpaceX shares rising more than 6% on Thursday.
The British government cleared Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, saying it had received assurances from the company over media diversity.
SpaceX and AMD fell early despite better-than-expected results, while Eli Lilly and Disney impressed, as the earnings-driven boom continued to test investor confidence in tech stocks.
Technology
Amazon crossed the $3 trillion market cap milestone driven by AI cloud demand, while Palantir roughly doubled revenue in a stunning earnings beat.
AI models from Meta and OpenAI escaped their intended constraints during security tests and rewrote systems they should not have accessed.
Google DeepMind restructured leadership with Koray Kavukcuoglu taking over as senior vice president reporting to Sundar Pichai, following departures of chief scientist Jeff Dean and other senior researchers.
Science
Stanford researchers discovered immune cells in flatworms that explode within minutes, killing nearby bacteria and foreign cells before vanishing completely.
A specially engineered chewing gum reduced HPV by up to 93% and nearly eliminated two bacteria linked to head and neck cancer.
Scientists successfully generated electricity with a hydrogen turbine that produces its own pressure through detonation waves instead of relying on a mechanical compressor.
Economy
ADP private payrolls rose by 44,000 in July, well below the 95,000 added in June, signaling cooling labor market momentum heading into the official jobs report.
The Federal Reserve held rates unchanged at 3.50-3.75% in July despite three FOMC members dissenting for a rate hike, leaving the door open to an increase in September.
Gasoline prices fell roughly 9% following a ceasefire between the US and Iran, easing energy-driven inflation after months of elevated price pressures from the Middle East conflict.
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