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NEW YORK (AP) — Americans unexpectedly cut their spending in July as a boost from government tax refunds faded. Retail sales slipped 0.6% last month, the biggest drop since May 2025, from a revised gain of 0.2% in June, according to Commerce Department data released Friday. There was a notable bump in spending in both April and May as Americans dipped into their tax refunds. That affect may have faded […]

LONDON, Aug 14 (Reuters) – Nvidia’s colossal financing deal for AI infrastructure buildouts is the talk of private markets this week. The chip giant said it has partnered with ​six major financial institutions to launch compute financing platforms aimed ‌at raising over $500 billion in third-party capital for AI infrastructure. The move shows how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups race […]

Aug 14 (Reuters) – Tesla plans to unveil a redesigned Roadster as early as this month, The Information reported on Friday, nearly a decade after the electric-vehicle maker first revealed a next-generation version of its original sports car. The event could include a demonstration of a limited-edition Roadster with cold-gas thrusters developed in collaboration with SpaceX, the report said, citing people familiar with the plans. The demonstration is expected to […]

Aug 14 (Reuters) – Wall Street’s main indexes were mixed at the open on Friday, a day after the S&P 500 closed at a record high, as investors assessed retail sales data and took stock of the latest developments in the Middle East. The Dow Jones Industrial Average rose 2.8 points, or 0.01%, at the open to 53842.8. The S&P 500 rose 7.6 points, or 0.10%, at the open to […]

SAO PAULO, Aug 14 (Reuters) – Brazilian police have recovered eight works by French painter Henri Matisse that were stolen from Sao Paulo’s largest public library late last year.  The prints, valued at more than 1 million reais ($193,000), were found in an apartment in the downtown area of Sao Bernardo do Campo, part of the Sao Paulo metropolitan area, according to a police statement. The recovery is a key […]

Just weeks after twin earthquakes devastated Venezuela, neighboring Colombia suffered its own deadly temblor Monday, leaving responders, volunteers and loved ones desperately searching for missing people and tending to those displaced or injured. The 7.4 magnitude earthquake affected a large swath of western Colombia, from urban centers like Cali and Pereira to remote and rugged areas in the department of Chocó. As of Thursday evening, authorities had confirmed more than […]

LUSAKA, Zambia (AP) — Vote counting in Zambia’s presidential election was suspended by the electoral authority Friday over reports of attacks on polling officials and the “theft” of some ballot papers. The Electoral Commission of Zambia said it was suspending the counting immediately “in view of the security situation and continued threats of violence.” The commission said it would review the decision in 24 hours. Thursday’s election in the copper-rich […]

BANGKOK (AP) — Myanmar’s largest city has registered a concerning rise in acute diarrhea cases, state media said Friday, adding to the hardships of a country grappling with severe flooding and civil war. The state-run Myanma Alinn newspaper said 182 patients from Yangon were admitted to the city’s general hospital with diarrhea the past four days, including 93 who tested positive for diarrhea-causing pathogens. The report did not specify the […]

By Dan Catchpole SEATTLE, Aug 14 (Reuters) – Boeing’s announcement this week that it is selling Wisk Aero is less a signal of a broader breakup than an effort to shed a struggling, non-core air taxi business that had become a distraction from the aerospace giant’s turnaround efforts, analysts said. Boeing CEO Kelly Ortberg previously said he would sell off non-essential parts of the company and its subsidiaries to stabilize its […]