The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
U.S. stocks surged and oil fell sharply after Treasury Secretary Scott Bessent said the U.S. could reach a deal with Iran to reopen the Strait of Hormuz “today or tomorrow.”
Official action by regulator for England and Wales comes after formal complaint made by Labour MP about the funds An official investigation has been launched into charities in England and Wales donating funds to illegal Israeli settlements in Palestine. The Charity Commission will aim to establish the amount of charitable funds going to illegal settlements, whether the spending was in furtherance of their purposes and any regulatory action that may be necessary. Continue reading...
In our news wrap Tuesday, acting Attorney General Todd Blanche is a step closer to securing the job permanently after the Senate Judiciary Committee narrowly approved his nomination, civil rights groups are demanding answers after a man from El Salvador died in ICE custody and Iran and Oman are reportedly nearing a potential deal that would reopen the Strait of Hormuz.
Ruling vacates convictions of founder Stewart Rhodes and other militia members who took part in 2021 Capitol attack A US judge on Tuesday granted the justice department’s bid to dismiss cases against members of the rightwing Oath Keepers militia who took part in the 6 January 2021 attack on the US Capitol , according to a court filing. The ruling from Washington-based US district judge Amit Mehta tosses out convictions of Oath Keepers founder Stewart Rhodes and other members of the group who were convicted of seditious conspiracy for plotting to stop the transfer of power after Donald Trump lost the 2020 election. Continue reading...
Mount Vernon official is accused of driving getaway car after son allegedly opened fire outside Bronx court A New York state police department fired its deputy commissioner on Tuesday after she allegedly acted as a getaway driver for her son in what is being investigated as an attempted murder. The city of Mount Vernon said in an Instagram post that it had terminated Jennifer Lackard, deputy police commissioner for safety, for conduct “unrelated to her duties”. Continue reading...
Gianni Infantino’s reign as Fifa president is in severe peril after the collapse of his plans to sell off parts of the World Cup to private investment. Many Concacaf countries are considering following Europe’s lead by formally removing their support for the Fifa president, and there are widespread calls to remove him from his post. Lucy Hough speaks to columnist Jonathan Liew Continue reading...
Authorities have arrested a man accused of intentionally igniting the devastating fires in and around Spokane, Washington, that have already forced tens of thousands to evacuate their homes. Kris Van Cleave reports and Rob Marciano has the forecast.
SpaceX says its quarterly revenue nearly doubled in its first earnings report since going public in June. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Federal authorities arrested a man who appeared to be monitoring security-planning activities at Trump National Golf Club in LA County ahead of the president's Southern California visit.
Elon Musk's SpaceX delivered its first earnings report on Tuesday since going public in mid-June. Wall Street Journal reporter Becky Peterson joins CBS News to discuss.
In Leeds, streets are being temporarily closed to traffic so kids have more space to safely play - an initiative proving beneficial to both children and adults.
Three people were killed and seven others were wounded in the Saturday attack in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, officials said.
Follow today’s news live Get our breaking news email , free app or daily news podcast Almost every house sold in first six months of the year made a profit The vast majority of homeowners are selling their properties for more than they bought them for, even as house prices enter a tailspin, AAP reports. Continue reading...
Last year's New Mexico measles outbreak, which caused one death, cost roughly $5.4 million, an analysis from the CDC found. CBS News medical correspondent Dr. Céline Gounder breaks down where those costs came from.
The former Liberal finance minister was questioned by Icac counsel assisting, Peggy Dwyer, on Tuesday Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The bombshell came in the last five minutes of former finance minister and rightwing powerbroker Damien Tudehope’s examination before the Independent Commission Against Corruption (Icac). At 3.30pm on Tuesday, Tudehope was shown an email which he sent in February 2023, attaching a leaked draft parliamentary report into branch stacking in the Hills area by the Reformers, the shadowy group at the centre of Icac’s Operation Rosny. Continue reading...
Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debut For the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk -run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June. SpaceX beat Wall Street expectations, reporting $7.81bn in revenue, versus analysts’ predictions of $6.93bn. While expansive, the company is not profitable. The company reported a loss of $541m, down from a $1bn loss in the same quarter last year. Continue reading...
Demonstrators stage ‘tree sit’ in Arizona town to stop felling of ancient cottonwood grove to make way for border wall Protesters are staging a “tree sit” in a tiny Arizona town to prevent the destruction of a grove of ancient cottonwood trees as federal contractors race to build a row of two 30ft walls along the border with Sonora, Mexico . The gathering ramped up last week in the town of Lochiel, in the remote San Rafael valley of south-east Arizona. On 27 July, contractors working for Fisher Sand and Gravel crushed three of the largest cottonwoods with excavators . Continue reading...
Jeanine Pirro, the U.S. attorney for the District of Columbia, told President Trump that his interior secretary, Doug Burgum, had misled him with a self-serving cover story for his own mistakes.
Inspire Entertainment Resort — an alternative to Macau, the world’s gambling capital — was supposed to be a “transformational” project for the Native American tribe.
OpenAI is settling claims by the Justice Department that it discriminated against U.S. workers when advertising jobs through its immigration sponsorship program.
Diana Vishneva’s performance at the Venice Dance Biennale raised uncomfortable questions for an event that once vowed to cut ties with Russia’s artists over the war in Ukraine.
Injured birds as small as this ruby-throated hummingbird have a 50/50 chance of making a full recovery. The post Pennsylvania vets fix a hummingbird’s tiny broken wing with tweezers appeared first on Popular Science .
Sales in the U.S. increased for the third consecutive month, rising by a double-digit percentage while European deliveries remained steady with moderate growth.
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Andy Burnham’s whirlwind of TikToks, podcasts and promises appears to be resonating with some voters. But he faces big decisions about how to pay for it all.
Crude futures fell to a three-week low after Treasury Secretary Scott Bessent said the U.S. could be close to an agreement with Iran to reopen the Strait of Hormuz, while Qatar reported progress in diplomatic efforts.
South Korea, which has one of the world’s lowest fertility rates, is in the throes of a breakdown in emergency care. It is particularly acute for at-risk newborns.
The biotechnology company now expects full-year revenue between $38.2 billion and $39.4 billion, but said it was halting the development of a potential obesity treatment currently in a phase 1 study.
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Maryland lawmakers have approved putting a constitutional amendment on the November ballot that could let Democrats redraw all eight of the state’s U.S. House districts to favor their party in the 2028 elections, according to the state legislature.