Municipality of Anchorage — Alaska’s largest city
Ukraine has intensified strikes on Russian targets while reporting gains on several fronts. Russia says it remains committed to its offensive in Donbas and hints at negotiations, but Kyiv says talks depend on Moscow ending aggression. New drone and missile activity signals a widening conflict, with both sides claiming battlefield pressure.
A 16-year-old boy in Weston-super-Mare has been cleared of murder and manslaughter in the December 2025 stabbing of nine-year-old Aria Thorpe. The jury found the act was not intentional, though the case highlights concerns about knife crime and its impact on families and communities.
The Kremlin has made a show of defiance while Ukrainian strikes disrupt Russian fuel networks. Putin has admitted the strikes are painful, but demands a peace framework anchored in the Istanbul accords and expanded territorial goals. Moscow is doubling down even as fuel shortages bite. Follow developments as Western allies recalibrate support.
Global stocks have rallied this month after officials reported progress in talks to reopen the Strait of Hormuz, and a string of strong corporate earnings has bolstered investor sentiment. Treasuries and oil prices have fallen as traders pare back expectations for near-term Fed hikes; strategists warn valuations and one-off earnings boosts limit further upside.
The Federal Reserve has kept the benchmark rate steady in a nine-to-three vote, amid persistent inflation above the 2% goal. Dissenters argue for earlier tightening, while others urge patience; investors await July inflation data to gauge the path for policy.
The White House has told Federal Reserve Governor Adriana Cook that the president is "considering" removing her and has given her until Aug. 26 to answer mortgage-fraud allegations. The letter, signed by Dan Scavino and dated Aug. 5, revives claims first raised in 2025 after the Supreme Court this year blocked an earlier firing attempt.
The National Transportation Safety Board says two pilots and six passengers were on board a plane that crashed on approach to Cape Newenham. Rescue teams have launched a search and will provide updates as information becomes available.