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Mornly

Thursday, August 20, 2026

Top news

  • Trump delayed 50% tariffs on Canadian imports after the two countries reached a last-minute deal less than two hours before the sanctions were to take effect.
  • The first batch of 20 deportees from a planned 1,200 total, including nationals from Africa, North and South America and the Caribbean, was expected to arrive on Thursday.
  • Trump said there are no talks with Iran taking place or scheduled, contradicting his administration officials' claims of back-channeling with Iran's Islamic Revolutionary Guard Corps.

World

  • Ukraine launched more than 600 drones at Moscow overnight, with 637 Ukrainian drones targeting the capital in one of the largest long-range assaults since the war began.
  • A Russian missile strike on the village of Pechenihy in Ukraine's Kharkiv region killed 10 civilians and wounded 17 others.
  • A high-rise building and a warehouse owned by Wildberries, Russia's largest online retailer, caught fire in the Moscow region.

Business

  • Chevron and ExxonMobil reported a combined $26.6 billion in quarterly profit, making them the biggest beneficiaries from the Iran war.
  • The S&P 500 fell as it was pressured by a run in sovereign bond yields to multidecade highs amid concerns of persistent inflation and elevated oil prices.
  • D.A. Davidson upgraded Duolingo to buy from neutral, lifting its 12-month price target to $160, implying 23% upside from Monday's close.

Technology

  • OpenAI tightened safeguards around increasingly capable cyber AI, while Nvidia's H200 chips began reaching China and Samsung raised advanced chipmaking prices.
  • Unitree, the world's largest humanoid robot maker by sales, began trading on Shanghai's STAR Market with an IPO more than 8,000 times oversubscribed.
  • Apple released security updates for iOS, iPadOS, and macOS addressing an integer-overflow vulnerability in ImageIO that Meta's Red Team discovered could enable arbitrary code execution.

Science

  • Researchers built microscopic, light-driven robots that can navigate through liquid, collect bacteria, and deposit them in chosen locations.
  • Honeybees can detect when their food has the wrong balance of essential nutrients and adjust how much they eat to avoid harmful excesses.
  • A 23-foot crocodylian from Miocene South America, Purussaurus neivensis, appears to have been more important than previously thought to its food chain based on fossil bite marks.

Economy

  • July consumer prices rose 0.1% monthly and 3.4% annually, down 0.1 percentage point from June, keeping inflation above the Fed's target.
  • Renewed concerns about the labor market following a net job loss in July combined with energy sector gyrations have reduced the probability of a September rate hike.
  • Jobless claims rose to 209,000 in the week ending August 8, an increase of 9,000 from the previous week, though the four-week average remained near recent lows.

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