TODAY'S NEWS FLASH:
One Dead After Vehicle Plows Into Crowd During Berlin Pride Event
Two Men Parachute From Seattle’s Space Needle After Evading Security
Congress Condemns Ford for Allowing Chinese EVs in American Factory
Mojtaba Khamenei Presents Heightened Nuclear Risk Despite Damaged Iranian Program
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Political Landscape
Trump Imposes Forced Labor Tariffs on 60 Nations as Supreme Court Workaround
The administration is rebuilding its tariff wall using forced labor justification after the Supreme Court struck down earlier trade levies. The move drew immediate criticism from Democrats and dismay from traditional allies who fear escalating trade tensions.
House Republicans Pass $95 Billion Iran War Budget by Razor-Thin Margin
House Republicans narrowly approved emergency military funding for Iran operations while Democrats and GOP budget hawks objected to unfunded spending increases. The vote comes as midterm campaign season intensifies and deficit concerns mount.
Global Impact
Venezuela Earthquake Death Toll Passes 5,500 One Month After Disaster
Twin magnitude 7.2 and 7.5 earthquakes caused unprecedented destruction across Venezuela, with tens of thousands still missing and damage estimates reaching $19 billion. International relief efforts continue as the country struggles to recover.
Rubio and Lavrov Meet in Manila as U.S. Seeks Ukraine Diplomatic Progress
Secretary of State Marco Rubio held the highest-level talks with his Russian counterpart in months at the ASEAN summit. Ukraine settlement proposals from the Alaska summit remain on the table as both sides assess room for negotiation.
Economic Pulse
Anthropic Files for Trillion-Dollar IPO, Racing OpenAI to Public Markets
The Claude maker's confidential S-1 filing positions it to become the first AI company to debut at a one trillion dollar valuation. A listing is expected as early as October 2026, putting Anthropic ahead of rival OpenAI in the race to go public.
Consumer Sentiment Surges to Five-Month High as Cheaper Gas Lifts Spirits
The University of Michigan consumer index jumped 9.9 percent in July to 54.4, beating expectations as falling gasoline prices provided relief to household budgets. The uptick signals renewed optimism despite persistent inflation concerns.
Quick Takes
Ryan Gosling finally joined the Marvel Cinematic Universe at San Diego Comic-Con, confirming he'll star in a Ghost Rider reboot.
Seven-time Jeopardy! champion Dr. Courtney Shah has died at 52 after a battle with brain cancer.
Ryan Coogler announces David Jonsson as the new Black Panther.
Pamela Anderson says nobody has reached out about the Baywatch reboot, though talks are ongoing with her sons about involvement.
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