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White House says it's losing $19B-$26B a year in revenue as countries dodge tariffs18:36 The Trump White House reports that countries are routing exports through third nations to avoid U.S. tariffs, causing tax revenue losses of $19 billion to $26 billion annually Mortgage rates dip slightly for first time in 6 weeks, still steeper than last year18:36 The average long-term U.S. mortgage rate fell slightly for the first time in six weeks, marking a glimpse of relief for prospective homebuyers — although borrowing costs remain steeper than they were a year ago Wholesale price inflation slows last month as gas, food costs fall18:36 Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers18:36 If you bought something from an overseas vendor last year, it might be time to check your bank account Civil rights agency moves to drop subpoena action against Nike in DEI-related investigation18:36 A federal civil rights agency is dropping a subpoena enforcement action against Nike, saying the company has complied with requests for information in an investigation into allegations that sportswear giant’s diversity policies discriminated against wh... Asian shares are mostly higher while US futures and oil prices hold steady9:32 Shares are mostly higher in Asia after U.S. stocks edged back from their all-time high following a weaker than expected report on the U.S. economy The Iran war is forcing families to choose between school for their kids or survival9:32 The impact of the Iran war on education isn't as visible as the widespread school closures of the COVID-19 pandemic, but the conflict is hitting the poorest children first BBC asks a US court for help in getting testimony from the Trump family in defamation suit9:32 The BBC has asked a U.S. court for help getting documents and testimony from U.S. President Donald Trump's family in connection to his $10 billion defamation lawsuit against the broadcaster Photos show Cambodian children attend school in floating villages6:49 On Cambodia’s Tonle Sap, the largest freshwater lake in Southeast Asia, getting anywhere has always meant navigating the water. It isn’t any different for schoolchildren. Most mornings, a gas-powered boat chugs through Kampong Prahok floating village, steered by students often no older than those climbing aboard. They pull up alongside floating homes, as peers in crisp uniforms clamber aboard, ca… Ukraine takes aim at Russia’s economy and morale by attacking online retailer6:49 Day after day over recent weeks, Ukrainian drones have pummeled giant depots belonging to Wildberries, the country’s biggest online retailer, burning estimated billions of dollars’ worth of merchandise and bringing the war home to the broad public States take Meta to trial in California in the biggest fight yet over social media harms to children6:49 Of the thousands of lawsuits Meta faces over child safety on its platforms, none may be more consequential than one going to trial this week in California Japan's economy manages 1.1% growth rate despite headwinds6:49 Japan’s economy grew an annualized rate of 1.1% in the April-June quarter, even as private consumption stayed flat and the growth of exports declined Obesity drugs show early promise against the hormonal disorder PMOS, giving a suffering family hope15.srpna A small but growing body of research shows that GLP-1 drugs often used to treat obesity may also work for the hormonal disorder known as PMOS Wall Street week ahead: Home Depot and Walmart report earnings, minutes of Fed meeting are released15.srpna Wall Street will get financial updates from some of the nation’s biggest retailers this week, along with more details from the Federal Reserve’s most recent meeting |