The U.S. faces a major measles resurgence with over 2,300 cases, fueled by rising vaccine skepticism and misinformation, including from the White House. This contrasts with the 1989 outbreak, which was primarily due to access and cost barriers, highlighting a new challenge for public health officials.
California's highest U.S. fuel prices, exacerbated by the Iran war and global diesel shortages, are increasing costs for everyday products nationwide. The San Pedro Bay port complex, a major import/export hub, relies on transport powered by expensive California diesel, impacting the entire U.S. supply chain.
Hugging Face CEO Clément Delangue stated China leads in open-weight AI models and could match US frontier models by year-end or next. He cited China's open collaboration versus US "silos" and mentioned a recent OpenAI agent cyberattack on Hugging Face, resolved using a Chinese open model.
Despite President Trump's announcement of upcoming US-Iran negotiation talks, Kalshi traders remain largely pessimistic about a nuclear deal materializing soon. Odds for a deal before 2027 increased after military strikes were called off but dropped again after talks were announced, with most markets remaining under 50% likelihood.
U.S. auto companies like Stellantis and startups are investing in electric low-speed vehicles (LSVs) as an affordable alternative to traditional cars, with President Trump also supporting smaller vehicles. The market, currently small, is projected to grow significantly by 2030, offering a new mobility solution.
The U.S. military is seeking "new creative and unconventional ways" to pressure Iran, as President Trump considers "fireworks"-style airstrikes and a heavy bombing campaign to eliminate missile capabilities. This comes after Trump initially canceled an attack but continues to seek a deal, despite Iran denying his assertion that talks were set to resume.
President Donald Trump announced the cancellation of planned U.S. strikes on Iran, citing renewed negotiations and hopes for easing conflict and reopening the Strait of Hormuz. This decision follows a recurring pattern of threats, pauses, and diplomatic efforts in the ongoing five-month conflict.
The top U.S. military commander in the Indo-Pacific, Adm. Samuel Paparo, warned China against dominating the region and using law as a tool for coercion, amidst high tensions in the South China Sea. The Philippines vowed to push back against China's actions, while negotiations for a South China Sea code of conduct are reportedly making progress.
South Korean Foreign Minister Cho Hyun expressed optimism that new U.S. Ambassador Michelle Steel, who recently arrived in Seoul, will leverage her direct access to Washington to help resolve pending bilateral issues, including economic and security matters, ahead of their first meeting.
U.S. support for Japan's currency intervention briefly strengthened the yen by 5% against the dollar, lifting it to 157 from 163. However, analysts remain skeptical of a sustained rally due to Japan's monetary policy and negative real rates, with some questioning the intervention's funding method.
U.S. Pacific Command head Admiral Samuel Paparo warned against coercive actions challenging regional stability, stating the US will not allow any nation to dominate the Indo-Pacific. His remarks come amidst high tensions in the South China Sea, where China's claims clash with Southeast Asian nations, particularly the Philippines. ASEAN and China are progressing on a code of conduct for the waterway.
Alibaba launched its "most powerful" AI model, Qwen3.8-Max, featuring 2.4 trillion parameters and a 1 million token context window. It demonstrates strong capabilities in coding, research, and visual intelligence, competing with models like Anthropic's Fable 5 and Moonshot AI's Kimi K3.
The U.S. Supplemental Nutrition Assistance Program (SNAP) is undergoing a major overhaul due to the One Big Beautiful Bill Act, leading to an estimated 4 million people, including many children, losing critical food aid since last July. New work requirements and a restructured funding model, which will significantly increase costs for states, are driving the decline in participation and raising concerns about future program viability.
Oil prices dropped after U.S. President Donald Trump announced he called off a planned strike on Iran, citing a request from Tehran and other Middle Eastern countries for a deal involving the Strait of Hormuz and Iran's nuclear threat. Iran responded cautiously to the announcement.
The South Korean won weakened against the U.S. dollar on Monday, closing at 1,429.8 won per dollar, as foreign investors became net sellers of local stocks, offloading 2.8 trillion won worth. This occurred despite recent foreign exchange interventions by the U.S. and Japan.
U.S. Treasury yields declined Monday, with the 10-year note falling to 4.688%, as oil prices slumped amid hopes of de-escalation in the Iran conflict following President Trump's claims of renewed negotiations. However, Iran's foreign ministry denied any immediate plans for direct talks with the U.S.
A U.S. spy drone's flight near the inter-Korean border caused a mix-up with South Korean forces, almost leading to it being shot down. An official confirmed it was due to a working-level communication error and failure to follow official airspace control procedures.
A U.S. spy drone was nearly shot down by South Korean forces near the inter-Korean border last week due to a communication error at the working level. The incident occurred during a routine combined exercise in Paju, north of Seoul, and was attributed to improper command reporting and failure to follow flight authorization procedures.
Wildfires in eastern Washington state have forced the evacuation of 60,000 people in the Spokane area, destroying at least 600 homes and structures. Emergency services are stretched thin as dozens of uncontained fires burn across the Western U.S., with dry, windy conditions expected to persist.
The U.S. dollar sharply weakened against the Japanese yen after U.S. President Donald Trump and Japan’s Finance Minister Satsuki Katayama confirmed a joint market intervention. The move, aimed at countering yen volatility and strengthening the Japanese currency, saw the dollar drop 1% to 156.34 yen, following Tokyo's frustration over inflation from a weak yen.
The U.S. dollar sharply weakened against the Japanese yen following confirmed market intervention by both the U.S. and Japan. The move, announced by President Trump and Finance Minister Katayama, aims to stabilize the yen, which had reached 40-year lows, and counter excessive volatility.
Oil prices, including West Texas Intermediate and Brent crude futures, fell significantly after U.S. President Donald Trump announced he had called off a planned strike on Iran. Trump cited a request from Tehran and other Middle Eastern countries, proposing a deal to open the Hormuz Strait and end Iran's nuclear threat.
The U.S. dollar sharply weakened against the Japanese yen on Monday, dropping about 1% to 156.34 yen, after U.S. President Donald Trump and Japan’s finance minister confirmed market intervention. This follows a previous suspected intervention that saw the dollar fall below 160 yen from 40-year highs above 163 yen.
Oil prices dropped significantly after U.S. President Donald Trump announced he called off a planned strike on Iran, citing a request from Tehran and other Middle Eastern countries and a potential deal to open the Strait of Hormuz and end Iran's nuclear threat. Iran reacted cautiously, with some officials dismissing the proposal as a 'wish list'.
