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Mornly

Thursday, August 27, 2026

Top news

  • A fire broke out in the maternity ward at Pakistan's largest hospital in Islamabad, killing at least 14 newborn babies early Wednesday morning.
  • Canada announced it plans to hit the U.S. with countertariffs that mirror its actions dollar for dollar.
  • Russia says CIA Director John Ratcliffe met Russian counterparts during a secretive visit to Moscow.

World

  • The former Kurdish Syrian Democratic Forces commander announced the group's official dissolution after merging with the Syrian army.
  • Nigerian President Bola Tinubu ordered military rescue operations after 600 people were abducted in an attack on a mosque in Niger State last week, with 30 killed in initial attacks.
  • Secretary of State Marco Rubio told foreign counterparts the U.S. is not expected to launch new strikes against Iran for now, focusing instead on economic sanctions.

Business

  • Meta agreed to pay up to $16.68 billion to resolve allegations from 29 states that the company engineered Facebook and Instagram to be addictive to children, deceived the public about platform safety, and unlawfully gathered personal data from minors.
  • Dick's Sporting Goods stock fell 30 percent as the retailer missed earnings expectations.
  • Qantas profit slumped to a four-year low after fuel costs surged.

Technology

  • Meta agreed to pay up to $16.68 billion to settle claims it designed Facebook and Instagram to hook teenagers.
  • Amazon is shutting Mechanical Turk after 21 years, ending the human-work marketplace that helped train the machine-learning era.
  • OpenAI says its first custom inference chip now beats Nvidia's Blackwell systems on AI work per watt in benchmark tests.

Science

  • NASA's Roman Space Telescope cleared for final launch preparations with targeted August 30 liftoff aboard SpaceX's Falcon Heavy.
  • A 76-square-kilometer ice island about the size of Manhattan broke off from Greenland's Petermann Glacier, the biggest calving event since 2012.
  • Older adults who received the Shingrix shingles vaccine were 24 percent less likely to be diagnosed with dementia over four years in a study of more than 500,000 people.

Economy

  • Core PCE inflation rose 0.2% monthly and 3.3% yearly in July, meeting expectations and giving the Federal Reserve room to hold interest rates steady.
  • Consumer spending was flat in July after strong increases in May and June.
  • Philadelphia-area manufacturing activity hit its highest level in more than five years in August, with the Fed's manufacturing index jumping to 47.4.

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