Walmart raises annual outlook as shoppers flock to low prices

August 21 – Walmart, the world’s largest retailer, has raised its annual sales and profit forecast after experiencing strong customer demand across all income brackets. As rising living costs weigh on American households, the retailer’s strategy of keeping prices low has helped it attract a broader base of shoppers. Despite the upbeat outlook, Walmart’s shares slipped … Read more

China weighs yuan-backed stablecoins to boost global currency reach

China weighs yuan-backed stablecoins to boost global currency reach

August 20 – Beijing is considering the launch of yuan-backed stablecoins, a step that could strengthen the currency’s role on the global stage and potentially transform the future of digital finance. According to individuals familiar with the discussions, Beijing’s top decision-making body, the State Council, is preparing to review and potentially approve a roadmap later this … Read more

Trump again targets Fed chief, says Powell is crippling the Housing industry

WASHINGTON, Aug 19 – President Donald Trump has once again taken aim at Federal Reserve Chair Jerome Powell, accusing him of causing serious harm to the American housing market by keeping interest rates too high. In a post on Truth Social, Trump claimed that Powell is “hurting the housing industry very badly” and preventing many … Read more

US would help assure Ukraine’s security in a peace deal, Trump tells Zelenskiy

WASHINGTON, Aug 18 – President Donald Trump assured Ukrainian President Volodymyr Zelenskiy on Monday that the United States would help guarantee Ukraine’s security as part of any eventual peace settlement to end the war with Russia. The announcement came during a high-level summit at the White House attended by Zelenskiy and several European leaders. The … Read more

Pakistan resumes rescue operations in flood-hit areas as death toll surpasses 300

PESHAWAR, Pakistan, Aug 18 – Pakistan resumed rescue and relief operations on Monday in the country’s northwestern regions after a temporary suspension caused by severe weather. Continuous heavy rains since Friday have triggered devastating flash floods that have already claimed more than 300 lives and displaced thousands of families. Officials confirmed that the majority of … Read more

European leaders to join Zelenskiy in face-off with Trump over Ukraine

BERLIN/LONDON, Aug 17 – European leaders are set to stand shoulder-to-shoulder with Ukrainian President Volodymyr Zelenskiy as he travels to Washington on Monday for critical talks with U.S. President Donald Trump. The high-profile visit underscores mounting concerns across Europe that Ukraine could be pressured into accepting a peace settlement that might cement Russia’s hold on … Read more

“No deal until there’s a deal”: Trump-Putin summit leaves Ukraine question unresolved

WASHINGTON, August 16 – The much-anticipated summit between U.S. President Donald Trump and Russian President Vladimir Putin ended without a breakthrough on Ukraine, despite both leaders insisting progress had been made during their face-to-face meeting in Alaska. The talks, which lasted nearly three hours, were the first direct encounter between the two presidents since Russia’s … Read more

Trump to urge Putin toward Ukraine ceasefire at Alaska summit

WASHINGTON, Aug 15 – Donald Trump and Vladimir Putin are set to meet at a Cold War-era military base in Alaska on Friday, where the U.S. president is expected to push for a ceasefire in Ukraine. This high-stakes meeting will also feature a last-minute proposal from the Russian leader that includes the possibility of a … Read more

One in four US adults with diabetes reported using GLP-1 medications last year, survey shows

August 14 – A new national health survey has revealed that more than one in four adults in the United States living with diabetes used a GLP-1 medication in 2024. The findings highlight the rapid adoption of this new class of injectable drugs, which have transformed diabetes care and, increasingly, weight management strategies. The medicines, … Read more

Zelenskiy travels to Berlin for online meeting with Trump and European leaders

BERLIN/KYIV, Aug 13 – Ukrainian President Volodymyr Zelenskiy arrived in Berlin on Wednesday for a critical online meeting with U.S. President Donald Trump and European leaders, just two days before Trump is scheduled to meet Russian President Vladimir Putin in Alaska. The German-hosted conference is being seen as a key moment for Kyiv and its allies … Read more