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US Trade Deficit Hits $88.6B in July as AI Chip Imports Surge
US trade deficit reached $88.6 billion in July 2026, up 24% from June. AI-driven demand for semiconductors and computers pushed imports to record highs while exports fell 2.1%.

Vance Says Iran Conflict Isnβt a War as US Strikes Continue, Midterm Pressure Mounts
VP Vance says the US-Iran conflict is not a war and wonβt commit to a timeline for ending the six-month conflict that has killed 18 US troops and wounded 790 others.

OpenAI Launches GPT-6 Astra With Critical Cybersecurity Capabilities on September 3
OpenAI launches GPT-6 Astra, its first model reaching Critical cybersecurity threshold. Phased rollout begins with limited enterprise access and enhanced safety protections after recent security incidents.

DTE Power Outage Leaves 260K Without Electricity After Severe Michigan Storms
More than 260,000 DTE Energy customers lost power in Southeast Michigan after severe storms on September 3. Wind gusts reached 70 mph, causing widespread damage and outages.

Braith Anasta Quits Player Agent Role as NRL Cracks Down on Media Conflicts
Braith Anasta steps down as a player agent to focus on Fox League hosting after the NRL introduces stricter conflict of interest rules for media personalities.

Range Rover Electric Launches at Β£154,070 After Year-Long Delay
Range Rover Electric launches at Β£154,070 with 372-mile WLTP range and 4.3-second 0-60mph acceleration. First battery-powered model built in Solihull after year-long delay.

Recycling Plastics Australia Collapses Into Administration, 60 Jobs at Risk
Recycling Plastics Australia enters voluntary administration after supplier insolvency. 60 jobs at risk. Company received $20M federal grant in 2024 to process soft plastics.

Live Nation Opens Grange House: 3,000-Seat Singapore Venue by Mid-2027
Live Nation names its new Singapore venue Grange House, a 3,000-capacity entertainment space opening mid-2027 on Orchard Road. The venue will host concerts and cultural events.

Microsoft Outlook Outage Mostly Resolved After Authentication Glitch on August 31
Microsoft Outlook outage on August 31 affected nearly 6,000 users. Root cause was authentication configuration issue. Service mostly restored by September 1 morning.