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Iran FM says US outreach a ‘positive step’ as delegation in Qatar for talks
Iran’s foreign minister calls US outreach efforts “a positive step” while an Iranian delegation meets Qatari mediators in Doha to discuss conditions for reopening the Strait of Hormuz and reviving ceasefire negotiations.
Thousands rally in Berlin as Gen Z plans protests in 30 German cities
Thousands of people gathered across Germany on Saturday for student-led protests organized by Gen Z Regelt, with nearly 180,000 participants across 34 cities addressing education cuts, rising living costs, and military spending.
New AI tool can predict cancer survival by a single patient selfie, study suggests
Researchers at Mass General Brigham developed an AI system that predicts cancer patient survival from a facial photograph, trained on over 40 million images across diverse demographics.
Europe’s car makers are in crisis. Will the threat of war rescue them?
European car manufacturers are pivoting toward military vehicle production as defense budgets surge, with Ford, Renault, Volkswagen, and Jaguar Land Rover all pursuing contracts to offset declining civilian auto sales.
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Queen Camilla wished she could share king’s diagnosis during a visit to cancer charity
Queen Camilla revealed she knew about King Charles III’s cancer diagnosis before its public announcement and struggled to keep the secret during a charity visit to a cancer support center.
US charges 17 Iranians over ‘massive’ cyber theft campaign
US authorities charged 17 Iranians for an alleged years-long cyber theft campaign targeting 144 American universities and 42 private firms, stealing over 31 terabytes of academic data.
UK petrol price hits Iran war high, adding to pressure on households
UK petrol prices hit 160p per litre, their highest level since November 2022, as Middle East tensions escalate and oil prices rise, pressuring households during peak holiday season.
Can your tax preparer use AI without telling you? Some experts say IRS rules aren’t clear
Tax professionals increasingly use AI in their work, but IRS rules on whether they must disclose this to clients remain unclear, with experts recommending they obtain signed consent.
Axe stamp duty? How Andy Burnham could change property tax
Andy Burnham is exploring property tax reforms including potential land taxes and abolition of stamp duty to fund social care and defense spending priorities.
IRS clarifies ‘no tax on overtime’ deduction rules. What workers need to know
The IRS has clarified rules for the ‘no tax on overtime’ deduction, which allows eligible workers to deduct a portion of qualifying overtime pay up to specified limits on their tax returns.
Bond yields are climbing. Here’s what that means for mortgages and other consumer borrowing
Rising Treasury bond yields are pushing mortgage rates to 19-year highs and increasing borrowing costs across consumer loans including auto and student debt amid persistent inflation concerns.
Berkshire shares trade lower even after Abel scores good marks at meeting, earnings jump
Berkshire Hathaway Class B shares closed nearly 1% lower Monday despite CEO Greg Abel’s solid first annual meeting performance and the conglomerate reporting an 18% jump in first-quarter operating earnings.
Peloton posts first-ever annual net profit, but shares drop as outlook disappoints
Peloton reported its first annual profit but shares fell nearly 13% after the company forecast declining sales for the coming fiscal year due to lapping price increases.
Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
Airbnb’s stock surged 9% after the company reported second-quarter earnings that exceeded analyst expectations and issued upbeat guidance for the current quarter, driven by robust demand across all regions.
World’s biggest chipmaker TSMC’s sales surge 45% amid buoyant AI demand
Taiwan Semiconductor Manufacturing Co. reported July revenue of 467.58 billion New Taiwan dollars, representing 44.7% year-on-year growth, driven by robust artificial intelligence chip demand.
Trump Media posts $238 million second-quarter loss as crypto declines
Trump Media reported a net loss exceeding $238 million in the second quarter, primarily driven by declines in digital assets and cryptocurrencies, while the company’s Truth Social platform generated minimal revenue.