US Inflation Eases to 3.4% in July as Food and Fuel Costs Cool
US consumer inflation dipped to 3.4% annually in July, with food costs slowing and housing stabilizing.
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Goldman Sachs Acquires NEOS for $2.25 Billion, Enters Bitcoin and Ethereum Income ETFs
Goldman Sachs announces $2.25 billion acquisition of NEOS Investments, expanding its derivatives platform to $130 billion in total ETF assets.
Zhu Rongji, Who Reshaped China's Economy and Championed WTO Entry, Dies at 97
Former Chinese Premier Zhu Rongji died on August 12 at age 97. He led sweeping state enterprise reforms and championed China’s entry into the WTO, fundamentally reshaping the nation’s economic trajectory.
Boat Sinks in Zimbabwe's Lake Kariba with 95 People on Board
A boat carrying 95 people sank in Zimbabwe’s Lake Kariba after being hit by strong waves. Rescue operations are underway.
Crypto.com Rolls Out Tokenized Stock Derivatives as Crypto Exchanges Push into Equities
Crypto exchange Crypto.com has officially launched tokenized stock derivatives trading, joining a tokenized stock market that has grown 600% in the past year, though the product offers price exposure rather than actual equity ownership.
Harmony Hit by Attack as Attacker Mints 4 Billion ONE Tokens, Price Plunges 26%
Blockchain project Harmony suffered a major security breach when an attacker exploited a vulnerability to mint 4 billion ONE tokens, equivalent to a quarter of circulating supply, causing the ONE token price to plummet 26%.
XRP Bridge Drained for $200,000 After Software Mistook Fake Deposits for Real Ones
An XRP cross-chain bridge suffered a security incident when software errors mistook fake deposits for real ones, allowing attackers to extract $200,000 worth of real XRP tokens. The bridge has been halted and the operator has filed a complaint with the FBI.
New Zealand PM Survives Second Leadership Challenge Ahead of Election
New Zealand Prime Minister Christopher Luxon has survived a second leadership challenge just 12 weeks before the general election, saying he has the ‘full support’ of his party.
Cristiano Ronaldo Marries Long-Time Partner Georgina Rodríguez
Portuguese football superstar Cristiano Ronaldo announced on social media that he has officially married long-time partner Georgina Rodríguez, culminating a decade-long relationship.
US Fires on Ship Breaking Iran Blockade in Gulf of Oman
US Central Command confirms a military helicopter fired missiles at a Panama-flagged cargo vessel attempting to break the Iran blockade in the Gulf of Oman, hitting its engine room.