Walmart sales under strain as US shoppers pull back
Walmart, the US's largest retailer, is seeing its sales growth slip as shoppers, especially lower-income households, pull back due to rising costs and economic pressures, according to the BBC.
Business
Why the US economy is ringing alarm bells
The US national debt has surpassed $40tn, sparking concerns about the country's economic sustainability, according to the BBC.
US treasury doubles debt buyback to steady bond market amid inflation fears
The US treasury is doubling its buyback of government debt to steady the bond market, as inflation concerns persist and the Federal Reserve remains divided on how to respond, according to the Guardian.
US Deports 20 to Liberia as Part of 1,200 Migrant Deal
The United States deported 20 migrants to Liberia on Thursday, marking the first group of 1,200 deportees under a new agreement with the Trump administration, according to The Guardian.
German Neo-Nazi Suspected in 1970 Deadly Arson at Jewish Retirement Home
German prosecutors believe they have identified a neo-Nazi suspect in a deadly 1970 arson attack at a Jewish retirement home in Munich that killed seven Holocaust survivors, according to Der Spiegel.
Zuckerberg lied about child safety, Meta whistleblower claims in trial
A former Meta safety engineer testified that the company took a 'don’t ask, don’t tell' approach to child safety, according to a landmark trial against the company.
New England vs D C United: Key Stats and Match Insights
DC United host New England Revolution in a crucial Major League Soccer clash with playoff implications on August 19, 2026. According to Goal.com, the game is available to stream via Apple TV.
Unitree Stock Soars 600% on Chinese Market Debut
Shares in the world's largest humanoid robot maker, Unitree, surged more than 600% on their first day of trading in Shanghai. The company listed at 150.80 yuan per share and closed at 845 yuan, marking a milestone for China's robotics industry.
Buss family intends sell Lakers stake for $12.5 billion
The Buss family has announced the sale of their 17.8% stake in the Los Angeles Lakers to Josh Kushner and Bob Iger, but Jeanie Buss opposes the move, claiming it is legally void without her approval.
Witness Gets Combative in Tupac Murder Trial: ‘I Don’t Want to Send Him to Prison’
A member of Tupac Shakur's entourage became combative during testimony in the rapper's murder trial, refusing to identify the accused. 'I don't want to send him to prison, you are,' James 'Mob James' McDonald said, according to the BBC.
Global Borrowing Costs Hit Fresh Highs Amid Inflation and AI Spending
Long-term borrowing costs across major economies hit fresh highs due to inflation concerns, government debt levels, and AI spending, according to the BBC.
U.S. 30-Year Treasury Yield Hits 19-Year High Amid Global Tensions
The U.S. 30-year Treasury yield surged to 5.311%, its highest level in nearly two decades, as geopolitical tensions and fiscal concerns push investors to demand higher returns.
Doctor Describes Amputating Girl’s Leg in Gaza Without Anaesthesia
An orthopedic surgeon described amputating a five-year-old girl’s leg without anaesthesia in Gaza. He said supplies ran out during Israel’s war, and doctors sang to her as she remained awake during the procedure, according to Al Jazeera.
Australian State Launches Gun Buyback After Bondi Beach Attack
Australia's most populous state will launch a gun buyback scheme later this year, becoming the first to offer cash in exchange for firearms in the wake of the Bondi Beach terror attack, according to BBC.
BP Develops Offshore Gasfield in Venezuela with Trump-Linked Firms
BP has announced plans to develop a large offshore gasfield in Venezuela in partnership with companies linked to the Trump administration, according to The Guardian.