TODAY'S NEWS FLASH:
Suspect Uses Trust Fund From Slain Parents to Finance Defense
Endangered Orca Shows Signs of Gunshot Wounds After Years of Boat Conflicts
Thirty Elite Universities Now Face Foreign Ties Audit or Lose Federal Cash
Italy Imposes Border Controls on Spanish Travelers as Mediterranean Migration Crisis Deepens
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Political Landscape
U.S. quietly deporting Mexican migrants to Guatemala and Honduras, angering Mexico
The Trump administration has been quietly deporting migrants from Mexico to different countries in Central America despite the Mexican government's willingness to accept the return of all its citizens.
Trump-Backed Byron Donalds Wins Florida Republican Primary for Governor
Congressman Byron Donalds secured 48 percent of the vote in Florida's gubernatorial primary, defeating Lieutenant Governor Jay Collins and other rivals with President Trump's endorsement. Donalds will face the Democratic nominee in November's general election.
Global Impact
The guided-missile destroyer USS Benfold spent four days without power last month after a problem with its engineering, according to a spokesperson for the Navy's 7th Fleet.
China Launches First Regular Arctic Shipping Route to Bypass Middle East Chokepoints
Sea Legend's Ice Silk Road cuts China-to-Europe shipping time from 40 days to 18-20 days via Russia's Northern Sea Route. The new corridor offers Beijing an alternative to the Strait of Hormuz and Suez Canal, reducing Western leverage over Chinese trade.
Economic Pulse
AI Chip Startup Etched Doubles Valuation to $21 Billion in Customer-Led Funding Round
Etched raised $700 million at a $21 billion valuation led by Jane Street, doubling its worth in a single month as its transformer chips ship to customers. The deal marks one of the fastest valuation jumps in Silicon Valley history.
Pending Home Sales Plunge to 2026 Low as Peak Mortgage Rates Crush Summer Buying Season
The NAR Pending Home Sales Index dropped to 71.2 in July, the lowest since January, as mortgage rates hit their 2026 peak during the busiest selling season. Rising rates are pricing millions of first-time buyers out of the market.
Quick Takes
Milwaukee matched baseball's largest shutout since 1887 with a 22-0 demolition of the Mariners that featured three-run homers from Yelich, Hamilton, and Lara.
Multiple fights mar Cowboys-Saints joint practice. Cowboys coach Brian Schottenheimer was upset with his team after double-digit fights broke out during a joint practice with the Saints.
Katy Perry Joins Justin Trudeau's Cringey Dance to His Son's New Song. The former Canadian prime minister and his pop-star girlfriend filmed themselves grooving inside a Montreal Home Hardware when his 18-year-old son Xavier Trudeau, known as Xav, came on the radio with his new song, "DOWNTOWN."
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