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Textile artist Sophie Canter (2L) teaches a "Mending 101" workshop in the Georgetown neighborhood in Washington, DC on August 3, 2024. Activities and crafts focusing on low-consumption are gaining popularity on and offline amid financial hardship and pu

Do I Need It? 'Underconsumption Core' Trends On TikTok

Exhausted from a rising cost of living in the United States and non-stop ads, some young adults on TikTok are pushing back. But despite financial hardships felt particularly by Gen Z and millennials, the US economy is thriving, with record corporate profits and high prices on shelves.

Asian Markets Mixed As Focus Turns To US Inflation Data
Asian markets were mixed Monday as investors try to move on from last week's upheaval that was fuelled by US recession worries, with focus on the release of key inflation and retail data.
Seine-sational! Paris Bids Triumphant 'Au Revoir' To Olympics
International Olympic Committee president Thomas Bach said the Paris Games had been "sport at its best."
JD Vance Accuses Top Democrats Of Being 'Anti-Child'
The Republican vice-presidential nominee also defended Donald Trump's abortion policies.
In TV Interview, Biden Explains His Election Exit
US President Joe Biden, in his first TV interview since withdrawing from the election, has said he acted under pressure from fellow Democrats and out of a determination to see Donald Trump beaten.
Trump Campaign Claims Iran Hacked Its Internal Communications
Hackers accessed vetting files related to JD Vance, Trump's running mate, and Florida Senator Marco Rubio.
Harris To Join Nancy Pelosi At A Major San Francisco Fundraiser
Nearly 700 people are expected at the event, which is expected to raise more than $12 million, according to a campaign official.
US To Remove Restriction On Selling Saudi Arabia Offensive Weaponry
The sale of certain American weapons was frozen in 2021 to signal the Biden administration's disapproval of a Saudi military campaign in Yemen.
US Presidential Candidate Kamala Harris Advocates For Immigration In Arizona
Harris did not address immigration during her last two campaign trips, but she underlined her agenda in a border state.

Viral Marketing Stunts Made 'Deadpool' A $1bn Hit, Says Disney Exec

From cameos in K-pop videos to cooking chimichangas with celebrity chefs, movie stars like Ryan Reynolds are trying ever-more unorthodox stunts to reach fragmented Gen-Z audiences, according to Disney's marketing chief.

Economy in Focus

Fed's Jeff Schmid Signals Possible Rate Cut If Inflation Continues To Fall
If inflation continues to decline, Schmid said, he would grow more confident that the Fed is on track to achieve its price stability mandate.
Russian Economic Growth Dips In Second Quarter As Inflation Rises
JPMorgan Raises Recession Probability To 35% Amid Weakening Labor Market, Signs Of Job Cuts

War in Ukraine

Thousands Of Ukrainian Troops On Incursion To 'Destabilise' Russia: Official
Thousands of Ukrainian troops are taking part in a major incursion into Russian territory, aiming to destabilise Russia by showing up its weaknesses, a top Ukrainian official has told AFP. "We are on the offensive.
Russia Launches New Operation To Halt Advancing Ukrainian Troops
Moscow on Saturday mounted a "counter-terror operation" in three border regions adjoining Ukraine to halt Kyiv's biggest cross-border offensive in the two-and-a-half-year conflict.
Ukraine Presses On With Offensive As Russia Reports Airfield Fire
Ukraine pressed on with a major cross-border incursion into Russia, where state media and local officials on Friday reported a fire at a military airfield and "massive" drone attacks hundreds of kilometres from the border.
Ukraine To Unleash Robot Dogs On Its Front Lines
Ukraine could soon unleash robot dogs on its front lines, replacing soldiers for perilous missions like spying on Russian trenches or detecting mines.

CRYPTO BLOCK

Fed Clamps Down On Crypto-Friendly Customers Bank – What About The Democratic 'Reset'?

The Fed has taken an enforcement action on Customers Bank, and crypto's Tyler Winklevoss isn't happy about it, questioning the validity of the supposed "reset" some Democrats are pushing within the party.

TME Announces Tech Master Event: Bridging The Gap Between Education And Industry

The event is designed to showcase the latest advancements in electronics, promote STEM education, and inspire the next generation of engineers and innovators.

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Americans Concerned About Not Having Enough Money For Retirement: How Can You Save For Retirement?
According to AARP's annual Financial Security Trends Survey, 33% of respondents say they will not have enough money for retirement, an increase from 29% in January 2023.
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Benefits Of Sports Go Beyond Whether You Make The Pros Or Not, Says Sports For Amateur Athletes Founder Maurice Barnett
According to Maurice Barnett, the pathway to the pros is a huge funnel. It's huge at the top and anyone can enter, but it gets narrower and narrower, and almost everyone ends up dropping out at some point.

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01:37

Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.

US Economic Uncertainty Means Bigger 'Black Friday' Discounts
Dublin Riot Highlights 'Far-Right' Agitation Over Ireland Immigration
01:40
Taiwan Strait: Chinese Ship 'Cuts Off US Destroyer'
00:22
Dashcam Video Captures Missile Falling Near Kyiv Car
01:30
Saudi Pledges Big Oil Cuts In July