Four states sued Meta, claiming Facebook and Instagram were designed to addict children and hid mental health risks.
The USS Washington is heading to the Middle East to relieve the USS Lincoln amid concerns about onboard conditions.
The US and Iran missed their 60-day deadline to reach a nuclear deal agreed to in June.
World
Trump ordered the Pentagon to scale back the 11-day Ulchi Freedom Shield drills with South Korea, citing Seoul's failure to help the United States combat Iran and his good relationship with Kim Jong Un.
Fawzi al-Mansouri was assassinated outside a mosque in an LNA stronghold, in what analysts said was a major blow to the Haftar family's security credentials and could delay a US-brokered plan to reunify Libya's rival governments.
Kevin Rideout is in good health in the care of US officials and would soon be reunited with his family.
Business
Anthropic posted $11.5 billion in revenue in Q2 and is holding talks with banks for a potential IPO that could be the largest on record.
Argenx rose 7.7% in European trading after reporting positive trial results, becoming the strongest performer on the STOXX 600.
Stock and bond markets declined as elevated oil prices fueled inflation concerns amid dimming hopes for a deal to end the Iran war.
Technology
Nvidia is reportedly preparing to back roughly $100 billion in OpenAI financing as multi-billion-dollar AI infrastructure deals locked in.
Meta released Glimmer, an open-weight AI model anyone can download and run on their own hardware.
Stripe clinched over $7 billion deal to buy AI firm OpenRouter.
Science
A Finnish study found children who spent more screen time showed better cognitive processing as teenagers, challenging assumptions about screen use effects.
An experimental Alzheimer's compound prevented damaging protein clumps in mouse brains and reduced amyloid buildup.
Physicists discovered a hidden gluon structure inside protons that could rewrite fundamental physics textbooks.
Economy
Nonfarm payroll employment fell 23,000 and the unemployment rate held at 4.1 percent in July.
The Fed held rates at 3.50%-3.75% in July, its fifth consecutive unchanged meeting, though three members voted for a 25 basis point hike.
Inflation remains elevated relative to the Fed's 2% goal, driven partly by supply shocks in energy and other sectors.
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