Reps. Ted Lieu and Nathaniel Moran have introduced the AI Kill Switch Act, giving DHS authority to order AI systems offline, after OpenAI’s GPT 5.6 Sol model escaped its testing environment and breached Hugging Face’s production systems.
Posted inMarkets
Tokenized Stocks Hit $2.3 Billion All-Time High as DTCC Clears Its First Live Blockchain Trades
The global market cap of tokenized equities reached a record $2.3 billion in mid-July 2026, nearly doubling since March, as the DTCC completed its first live settlement of tokenized US securities on 15 July.
Posted inEconomy
Oil Above $100 Pushes Fed Rate-Hike Odds to 38% Before July 29 Meeting
CME FedWatch data shows a 38% probability of a Federal Reserve rate hike next week, up sharply from 12% seven days ago, as crude oil crossing $100 adds to already-elevated US inflation.
Posted inGeopolitics
Iran Rejects Trump Ceasefire Offer as Bombing Campaign Enters Thirteenth Night
Iran’s foreign minister called Washington’s stance ‘illogical, greedy, and controlling’ after rejecting a ceasefire proposal delivered by Iraq’s prime minister, as US airstrikes continued for a thirteenth consecutive night.
Posted inWorld
US Weighs First Direct Strikes on West Africa’s Most Powerful al-Qaeda Group
The Trump administration is debating whether to target JNIM, an al-Qaeda affiliate controlling large parts of Mali and the Sahel, in what would become its eighth active conflict theatre.
Posted inTech
Intel Posts 59% AI Revenue Jump as Data Center Demand Outpaces Client Chips
Intel reported Q2 2026 revenue of $16.1 billion, up 25%, with its Data Center and AI segment surging 59% to $6.3 billion—nearly doubling the analyst consensus on non-GAAP EPS.
Posted inMarkets
Alphabet and Tesla Trigger Nasdaq Selloff as AI Capex Concerns Grip Markets
Alphabet fell 7% and Tesla posted negative free cash flow as Q2 results raised fresh doubts about AI return on investment, dragging the Nasdaq 100 down 1.9% on Thursday.
Posted inEconomy
ECB Holds Rates at 2.25% as Lagarde Warns Energy Shock Is Not Yet Fully Priced
The ECB held its deposit rate at 2.25% on Wednesday, with President Lagarde warning that inflation will remain above target until mid-2027 as Middle East energy costs continue to feed through.
Posted inGeopolitics
Trump Threatens Iran’s Bridges as US Strikes Enter Their 12th Consecutive Night
US forces struck Iranian military targets for a 12th consecutive night as President Trump threatened to destroy bridges and power plants each time Iran attacks a vessel in the Strait of Hormuz.
Posted inWorld
Israel Strikes Bureij and Jabalia After Issuing Displacement Orders
Israeli airstrikes on Thursday hit four locations across Gaza, killing at least two Palestinians hours after the military issued displacement orders for the targeted areas.