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Just 7% of executives say they can demonstrate returns on AI spending, as corporate costs continue to climb. — KPMG

President Trump teases a 2028 presidential run in latest Truth Social post.

Mexico & Peru restore diplomatic relations after a months-long asylum dispute.

Claude Code can now autonomously message users’ other Claude Code sessions while they work in parallel.

NYC homeowners sue over Mayor Mamdani’s rollout of a new tax on second homes, alleging the city wrongly flagged thousands of properties.

Colombia’s new president Abelardo De La Espriella officially takes office, pledging a crackdown on the country’s “cocaine armies.”

Cornell University bans students from processing wild game in dorm kitchens after two students butchered a bear to make “black bear pastrami.”

Spain imposes border controls on all air & sea travel from Italy as tensions escalate over the Ceuta migrant surge.

The Trump administration is reportedly exploring who could lead Cuba in a post-communist transition.

𝕏 is ending its Revenue Sharing program & replacing it with a new “Original Content Rewards” program focused on original posts.

Kai and Speed beat Minecraft challenge by...?

AI data center firm Switch reportedly files confidentially for a U.S. IPO as soon as November.

Trump Media pulls back from crypto ventures as interim CEO Kevin McGurn says the company wants to “get focused.”

Declassified UFO files reveal the U.S. investigated claims of a “dead spaceman” found inside a mysterious sphere that crashed in Brazil in 1963.

Alofoke forms party in DR by June 30, 2027?

Treasury Sec. Bessent announces the Trump administration will crack down on banks providing financial services to undocumented immigrants.

South Dakota unveils a bronze statue honoring former Gov. Kristi Noem & her tenure as governor.

Clarity Act odds crash to an all-time low as the Senate heads for its month-long August recess. 14% chance.

S&P 500 closes at new record high.

Starlink is preparing to challenge T-Mobile, Verizon, & AT&T with a rival cellular service expected by late 2027.

England’s obesity rate surges to a record 30%, double its 1993 level.

Sergey Brin to reportedly take direct oversight of Gemini as Google restructures its AI leadership.

Marco Rubio declares there are “no escape valves” for Cuba as the Trump administration ramps up its pressure campaign.

Bank of America expects Fed to hike interest rates by 75 basis points this year despite weakening U.S. jobs data.

U.S. official says Iran & Oman are making progress on a Strait of Hormuz deal & “we expect a deal soon.”

Trump calls Abdul El-Sayed a “lovely gentleman”

U.S. Army orders at least $400 million in laser weapons designed to shoot down drones.

Supreme Court Justice Samuel Alito declares he’s “here for another term,” signaling he does not plan to retire this year.

Nearly half of executives have delayed or scaled back AI-agent deployments after costs exceeded benefits. — KPMG

Will Sneako be deported?

3,000+ University of California faculty members push to bring back the SAT in admissions, after professors warn students are arriving "underprepared."

6-foot-10 former NBA player Enes Kanter Freedom officially declares himself eligible for the 2027 WNBA Draft.

“Republicans for Abdul El-Sayed” account launches on 𝕏.

U.S. sanctions Dubai crypto exchange Shelbit over alleged ties to Iran’s IRGC.

Don Lemon asks federal judge to throw out charges in the Minnesota church protest case, accusing the DOJ of “vindictive prosecution.”

Trump officially endorses Charlie Hatcher after Ogles’ loss, saying Ogles had “virtually no chance of winning.”

Take-Two reveals GTA VI preorders are “unprecedented”

Senate overwhelmingly passes the Lindsey O. Graham Sanctioning Russia and Iran Act.

Federal judge allows Trump administration to terminate Temporary Protected Status for South Sudanese migrants.

Live-shopping app Whatnot raises $545 million at a $20,000,000,000.00 valuation, nearly doubling its value in less than a year.

Trump announces he will immediately take the White House ballroom fight to the Supreme Court, calling the appeals ruling a “National Security threat.”

Spanish police arrest 78 people & dismantle what authorities call one of the Mediterranean’s largest human smuggling networks.

OpenAI to slow development of its upcoming Astra model after saying it “cannot rule out” that the system has dangerous cyber capabilities.

AOC surges ahead of Gavin Newsom in the 2028 presidential odds for the first time, as democratic socialism expands its national reach. 11% chance AOC takes the White House.

Italy declares it will not bow to “ultimatums or impositions” & will keep border checks in place.

Federal appeals court halts Trump’s ballroom project, gives administration 14 days to appeal to the Supreme Court.

Mount Vernon deputy public safety commissioner charged with attempted murder after allegedly acting as the “getaway driver” in her son’s gang-related shooting.

Texas Children’s Hospital ordered to open the country’s first “detransition clinic”

U.S. Army opens 5 military test ranges to private defense firms to accelerate weapons development.

Cambridge University will review how it hires senior academics after professor Jason Arday resigned amid plagiarism allegations.

OpenAI’s “Astra” model projected to be released by the end of the month. 78% chance.

Sen. Cassidy to vote “Yes” on Todd Blanche’s attorney general nomination, likely securing the votes needed for confirmation.

Andrew & Tristan Tate ask to be released on bail from Miami jail, arguing it would be “extraordinarily difficult” for them to flee undetected due to their celebrity status.

Pentagon releases a fifth batch of UFO files, including 41 new documents, images, & videos dating from 1950 to 2026.

Trump warns Congress is trying to regulate the AI industry “out of business.”

SpaceX stock now up +14% on the week.

Canada’s unemployment rate falls to 6.4%, its lowest level in two years.

Spain threatens “proportionate measures” against Italy if new border controls are not lifted by next week.

“Functionally illiterate” U.S. workers now earn roughly the same per hour as the average British worker. — FT

Take-Two reaffirms GTA VI will launch on November 19, with pre-orders off to an “exceptional start.”

Spain to begin transferring unaccompanied migrant minors from Ceuta to the mainland within weeks.

China opens its first school for robots, where humanoids will be trained before entering the workforce.

U.S. employers unexpectedly cut 23,000 jobs in July, with May & June revised down by a combined 103,000.

U.S. unemployment falls to 4.1% in July.

China’s Kimi K3 reportedly escaped its sandbox during cybersecurity testing & accessed the open internet without permission.