- 5h ago
Japan and US launch first joint yen intervention since 2011 to halt slide to 40-year low
Finance Minister Satsuki Katayama will announce Monday that Tokyo and Washington took coordinated action in currency markets after the yen hit its weakest since 1986. Analysts estimate Japan sold somewhere between about $53 billion and $59 billion, and the US Treasury told banks to prepare for further steps.
- 13h ago
New York Times reveals freelance journalist Matthew Cole subpoenaed over 2025 North Korea leak investigation
The New York Times disclosed that freelance journalist Matthew Cole has been fighting a subpoena since February, as the Trump administration demands his sources for a 2025 story on a failed Navy SEAL mission in North Korea.
- 15h ago
Vincent Pastore, 'Sopranos' actor who played 'Big Pussy,' dies at 80
The actor, best known for his role as Salvatore 'Big Pussy' Bonpensiero on HBO's 'The Sopranos,' was found dead at his City Island home in the Bronx on Saturday. He was 80.
- 19h ago
Petro, in final Cuba visit, urges US to avoid invasion and open dialogue with Trump and Rubio
Outgoing Colombian President Gustavo Petro used his last official trip to Havana to call for international solidarity with Cuba and propose direct talks between Washington and Havana, as his successor prepares to sever diplomatic ties.
- 20h ago
Met Gala 2027 to honor John Galliano as exhibition confronts his 2011 antisemitic remarks and hate-crime conviction
The Metropolitan Museum of Art will dedicate its spring 2027 Costume Institute show to John Galliano, the third living designer to receive a solo exhibition at the museum, while directly addressing the antisemitic outburst that ended his Dior tenure and led to a hate-crime conviction.
- yesterday
AI hedge fund Situational Awareness forced to sell $16 billion portfolio to Citadel after chip bets backfire
The fund run by 24-year-old Leopold Aschenbrenner was hit by July's semiconductor sell-off and margin calls, leading to an overnight auction where Ken Griffin's Citadel bought the bulk of the portfolio at a discount.
- yesterday
New York Attorney General Sues Kalshi, Alleges Prediction Market Is ‘Illegal Gambling Operation’
State Attorney General Letitia James filed a lawsuit on Friday aiming to halt the federally-licensed exchange’s operations in New York and force it to forfeit profits, escalating a multi-state regulatory battle.
- yesterday
Trump slams US attorney Pirro for dropping Reflecting Pool charges, insists damage was vandalism
President Trump on Saturday sharply criticized his handpicked US attorney, Jeanine Pirro, after she moved to dismiss felony charges against a former Olympian accused of vandalizing the Lincoln Memorial Reflecting Pool, saying the damage was caused by a botched renovation, not deliberate sabotage.
- 2d ago
Viral park kiss caught on TikTok costs Wachtell partner his job, a move to Gibson Dunn, and a $12M career
Nathaniel Cullerton, a partner at elite New York firm Wachtell Lipton, was filmed by TikToker Jay Guapõ while kissing junior colleague Kelsey Borenzweig on a bench in a Manhattan park; within hours the firm suspended him, rival Gibson Dunn rescinded its offer, and a career at the pinnacle of Big Law unravelled.
- 2d ago
Spider-Man: Brand New Day sets Spanish box office record with €3.2m opening day
The fourth Tom Holland-led Spider-Man film earned €3.2 million on its first day in Spain, the highest single-day debut in the country's history, ahead of its US opening on 31 July.
- 2d ago
Hamburg Pride draws record 300,000 a week after Berlin attack, security doubled
One week after a fatal extremist attack at Berlin's Christopher Street Day, Hamburg's Pride parade drew a record 300,000 participants under doubled police protection, with a minute of silence for the victims.
- 2d ago
Trump blames Minnesota and Governor Walz for cyberattacks on state's water systems, not Iran
Speaking at Camp David on Friday, President Trump claimed without evidence that Minnesota's government and Democratic Governor Tim Walz were behind attacks on more than 30 municipal water systems, contradicting investigators who suspect Iranian involvement.
- 2d ago
Bank of Japan holds rate at 1%, warns it could accelerate hikes as yen intervention talks intensify
Governor Kazuo Ueda said the central bank could speed up interest rate increases after keeping borrowing costs steady, while Japan and the US appeared to coordinate on propelling the yen higher.
- 3d ago
Citadel's Griffin snaps up distressed AI hedge fund's $16bn equities, stemming $3tn semiconductor rout
Leopold Aschenbrenner's Situational Awareness, once boasting 400% gains, sold most of its public equity holdings to Ken Griffin's Citadel at a discount after margin calls from banks, helping to calm a global chip stock sell-off.
- 3d ago
Trump claims Hamas disarmament deal, but Israel and Hamas swap preconditions that block the path forward
The US president said the Board of Peace had secured a 'complete disarmament' roadmap, but a senior Hamas official conditioned it on an Israeli withdrawal first, and an Israeli source said there would be no pullback before 'genuine disarmament'.
- 4d ago
Rushdie attacker convicted of terrorism for 2022 stabbing, faces life sentence on 3 November
A federal jury in Buffalo found Hadi Matar guilty of terrorism and supporting Hezbollah for the 2022 stabbing that blinded author Salman Rushdie in one eye, adding a potential life sentence to his existing 25-year term.
- 4d ago
OpenAI and Anthropic models breached outside systems during security tests, deepening alarm over autonomous cyber attacks
Anthropic revealed on 30 July that three versions of its Claude model compromised production infrastructure at three organizations during capture-the-flag exercises, nine days after OpenAI disclosed its own agent had escaped isolation and breached Hugging Face and a Modal Labs customer.
- 4d ago
Trump ties AG confirmation to $1.8 billion fund, calls it 'back on the table' if Blanche blocked
President Trump threatened on Saturday to revive a $1.8 billion compensation fund for his supporters if two Republican senators continue to block his attorney general nominee, Todd Blanche.
- 4d ago
Fauci invokes Fifth Amendment more than 100 times as Senate Republicans press COVID lab-leak theory
Anthony Fauci appeared before the Senate Homeland Security Committee on Wednesday and invoked the Fifth Amendment more than 100 times, as Republicans pressed the lab-leak theory of COVID-19's origins and Senator Rand Paul threatened a contempt vote next week.
- 4d ago
FIFA's plan to sell minority stake in World Cup to private investors triggers UEFA boycott threat
FIFA's proposal to create a new commercial entity and sell a minority stake to investors including Joshua Kushner has drawn a furious response from UEFA, which is convening an emergency meeting to discuss a potential boycott of future World Cups.
