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Mexico Pushes Auto Tariffs Down to 5-10% in September USMCA Talks
Mexico proposes cutting U.S. auto tariffs from 25% to 5-10% in USMCA talks. Automakers warn entry-level models could disappear without a deal. September negotiations in Washington will determine the outcome.
Josh Kushner and Bob Iger Buy Lakers for Record $12.5B on August 13
Josh Kushner and Bob Iger agreed to buy the Lakers for a record $12.5 billion. The sale needs NBA board approval and may take months to complete.
NYC Mayor’s Wife Denied NYPD Security for Syria, Lebanon Trip in September
NYC Mayor Mamdani’s wife Rama Duwaji will travel to Syria and Lebanon without NYPD security in September after the police department rejected the arrangement, contradicting City Hall’s initial claim.
Chick-fil-A Launches Chicken & Waffles Sandwich August 24 as Fall Menu Debuts
Chick-fil-A debuts Chicken & Waffles Sandwiches on August 24 as breakfast and all-day entrée, plus S’mores Milkshake and Frosted Coffee. Breakfast starts at $4.95, entrée at $7.59.
Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone
Hiroshi Okuda, former Toyota president who championed the Prius hybrid and led the automaker’s global rise, has died at 93. He was the first non-founding family member to lead Toyota in 28 years.
Gold Price Today: XAU/USD Rises 0.7% to $4,400 as Investors Await US CPI for Fed Rate Clues
On August 12, 2026, the spot gold price climbed 0.7% to hover near $4,400 per ounce. Traders pushed XAU/USD higher as global markets braced for key US Consumer Price Index data. Weak July non-farm payrolls added only 23,000 jobs, shifting market expectations for Federal Reserve rate cuts. Middle East geopolitical friction and robust central bank…
US Navy Fires Missiles at Cargo Ship Breaking Iran Blockade on August 11
U.S. Navy helicopter fired two Hellfire missiles at the M/V Vela Nova on August 11, disabling its steering gear after the crew ignored repeated warnings. It was the third vessel disabled since the blockade was reimposed in July.
Trump’s New Birthright Citizenship Order Faces Court Challenge on August 11
Trump signs new executive orders to restrict birthright citizenship on August 6. ACLU and civil rights groups file lawsuit August 11 to block the orders, citing Supreme Court’s June ruling.
Nearly 30,000 Pounds of Argentine Beef Recalled in Florida, Texas on August 11
Corte Argentino USA recalls 29,628 pounds of Argentine beef in Florida and Texas after products bypassed mandatory import reinspection. No illnesses reported.