United States · Business
Same event, multiple sources, transparently cited.
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US backs reopening Iraq-Syria Kirkuk-Baniyas oil pipeline to bypass Strait of Hormuz
The US is promoting the revival of the Kirkuk-Baniyas oil pipeline to transport Iraqi crude to Syria's Mediterranean coast, avoiding the Strait of Hormuz.
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Lucid Motors denies bankruptcy rumors amid stock plunge and restructuring
Lucid Motors denied bankruptcy reports after its stock plunged over 50% and confirmed liquidity through 2027.
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U.S. bank regulators warn of lending risks to undocumented workers in new guidance
On July 13, 2026, U.S. banking regulators issued guidance cautioning banks about higher credit risks when lending to undocumented workers.
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Senator Mitch McConnell reveals hospitalization from June fall, shares health update
Senator Mitch McConnell disclosed his June hospitalization after a fall and gave a health update after weeks of silence.
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Trump announces $3 billion US investment to boost critical minerals and battery production
President Trump unveiled a $3 billion investment plan to expand US critical minerals and battery supply chains during an August 7 roundtable at the State Department.
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Fed Chairman Kevin Warsh names leaders for five task forces to reform policy
Federal Reserve Chairman Kevin Warsh appointed leaders to five task forces reviewing key monetary policy areas, with findings expected by end of 2026.
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Xbox CEO Asha Sharma joins Federal Reserve task force on productivity and jobs
Asha Sharma, Xbox CEO, was appointed to the Federal Reserve's Productivity and Jobs task force to assess economic impacts of AI and other technologies.
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NY Times-led group seeks court sanctions against OpenAI alleging evidence concealment
The New York Times, New York Daily News and others accuse OpenAI of hiding and deleting evidence in copyright dispute over AI training data.
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US Existing Home Sales Decline 2.4% in June Amid High Prices and Mortgage Rates
US existing home sales dropped 2.4% in June to an annual rate of 4.09 million units as prices hit a record $440,600 and mortgage rates hovered near 6.6%.
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US semiconductor industry faces shortage of 157,000 skilled workers by 2030, risking expansion
A nationwide shortage of high-skilled workers may delay new semiconductor plants as top companies invest billions in US facilities.
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Netflix launches short-form videos through deals with major US media publishers
Netflix signed licensing agreements with key US publishers to offer short-form videos starting August 3 in multiple countries.
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SpaceX President Gwynne Shotwell Donates $320M in Stock to Trump Accounts for Kids
Gwynne Shotwell and her husband announced a $320 million donation of SpaceX shares to Trump Accounts for about 2 million American children.
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Comcast’s Sky to buy ITV Media & Entertainment for £1.6 billion
Sky, owned by Comcast, will acquire ITV’s broadcasting and streaming business for £1.6 billion, creating the UK’s largest commercial broadcaster.
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Gold prices surge after weak US June jobs data lowers Fed rate hike odds
Gold prices rose sharply after US June jobs report showed only 57,000 jobs added, reducing expectations for Federal Reserve rate hikes in 2026.
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US Stocks Dip July 1 as Tech Shares Fall; Mixed Reaction Follows Weak Jobs Report July 2
US stocks edged lower on July 1, led by tech and chip losses, while July 2 saw a strong Dow rise but mixed results amid weak jobs data.
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US SEC Opens 60-Day Review on ETF Rules as Industry Hits $15.7 Trillion
The US SEC launched a public review of ETF regulations covering new product types amid rapid market growth and innovation.
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Oil prices drop sharply amid mixed US-Iran talks on Strait of Hormuz shipping
Oil prices fell in June and early July 2026 as indirect US-Iran talks sought to ease Strait of Hormuz tensions disrupting global oil flows.
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San Francisco Tech Workers Earning $180,000 Face Housing Crunch Despite AI Boom
Katrine Razniak and Adam Woodbury, tech workers in San Francisco earning around $180,000, struggle to find affordable housing amid soaring rents and home prices.
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McDonald’s Names Skye Anderson U.S. President as Growth Slows in Q2 2026
McDonald's appointed Skye Anderson as U.S. president on August 4, 2026, amid its slowest U.S. sales growth since early 2025.
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Capital One closed over 300 Trump Organization accounts citing anti-money laundering concerns
Capital One closed more than 300 Trump Organization bank accounts in March 2021 due to anti-money laundering concerns, court filings reveal.
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Federal Reserve holds interest rates steady at 3.50%-3.75% with 9-3 split vote
The Federal Reserve left interest rates unchanged after a July 29 FOMC meeting, with three members dissenting in favor of a hike amid inflation concerns.
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American Airlines resumes flights after nationwide IT outage causes ground stop
American Airlines paused all departures nationwide on July 28 due to an IT outage that delayed 1,100 flights and cancelled 221.
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eBay and Former Executives Settle Harassment Lawsuit with $56 Million Payment
eBay and three former executives agreed to pay nearly $56 million to end a lawsuit over a 2019 harassment campaign against the Steiners.
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US Trade Representative says Trump’s new tariffs unlikely to impact economy
US Trade Representative Jamieson Greer said on July 27 that new tariffs on 60 trading partners likely will not affect the US economy or Federal Reserve policy.