Death toll from glacier collapse on Nepal-Tibet border surpasses 500 people, with rescue efforts continuing in the remote region.
Pentagon confronts critical shortage of air interceptors as Iran war demands deplete existing supplies faster than anticipated.
Iran establishes conditions for reopening the Strait of Hormuz on the six-month anniversary of Trump's military operation in the region.
World
South Korea, the U.S., and Japan announced a trilateral military drill for next month to respond to North Korean nuclear threats, coming after North Korea threatened retaliation against U.S. hostilities.
At least 469 people were killed and over 1,300 remain missing after catastrophic flooding hit the China-Nepal border region, with dozens of Americans among the foreign nationals unaccounted for.
Trump's ceasefire plan official warned that alternatives to the U.S. proposal for Gaza would mean the next war, criticizing Israeli attacks on Palestinian territory.
Business
Nvidia shares rose nearly 9% on strong earnings, while the S&P 500 fell 0.25% as Federal Reserve Chair Kevin Warsh flagged lingering inflation concerns at Jackson Hole.
Apple raised Apple TV subscription prices to $14.99 monthly starting Friday, a $2 hike from $12.99.
Gap named a new Old Navy CEO to revive the struggling brand, sending Gap shares higher in after-hours trading.
Technology
A federal judge ruled the Defense Department unlawfully retaliated against Anthropic, which refused a Pentagon contract that would override restrictions on how Claude can be used, including safeguards against lethal autonomous weapons and mass surveillance.
Nvidia agreed to buy Hugging Face, the open-source AI model platform, for nearly $13 billion.
AWS and Nvidia dramatically expanded their partnership, with AWS planning to deploy an additional 2 million Nvidia GPUs in 2027 and 2028, including Blackwell Ultra and Rubin systems.
Science
NASA's Roman Space Telescope has been cleared for final launch preparations, targeted for August 30 liftoff aboard SpaceX's Falcon Heavy.
Astronomers captured their clearest image yet of Betelgeuse's long-suspected companion, potentially ending a century-long search.
Scientists created light-activated drugs that helped blind mice perceive light again and restored visually guided behavior without gene therapy or implants.
Economy
The US economy unexpectedly shed 23,000 jobs in July 2026, missing forecasts of an 80,000 increase, signaling a continued slowdown in labor market momentum.
The Federal Reserve maintained the federal funds rate at 3.5% to 3.75% percent in late July, while noting the unemployment rate was largely unchanged and inflation remained elevated relative to the Committee's 2% goal.
Fed Chair Jerome Powell recently stated he believes payroll employment growth has been overstated and that revised data will show the U.S. has been losing jobs since April.
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