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⚡ Today in History On August 27, 2008, Barack Obama accepted the Democratic Party's presidential nomination in Denver, becoming the first Black nominee of a major party. In 1963, civil rights leader W.E.B. Du Bois died in Ghana at 95, one day before the March on Washington. Today? A US Air Force major faces rare criminal charges for publicly criticizing President Trump. |
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Top News |
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Air Force major charged for criticizing Trump ARTICLE 88 Major Jason Watson called for President Trump's impeachment during a July protest at the US Capitol while in uniform. The Air Force charged Watson this week with three violations of Article 88, a rarely used law against contemptuous speech about the president, along with additional counts for disobeying orders. Watson, 40, is being held in pretrial confinement while his case moves through the military justice system. |
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Trump orders flags lowered nationwide for Dolly Parton 1 WEEK Dolly Parton, the country music icon, died Tuesday in Nashville at age 80 after a brief battle with cancer. President Trump ordered American flags lowered to half-staff across the country for one week in her honor. Parton's family said she will be buried in a small, private ceremony beside her husband, Carl Dean, who died last year. |
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Federal judge blocks Ohio's proof-of-citizenship voting law Ohio's Republican-controlled legislature passed a law last year requiring residents to show documentary proof of citizenship to register to vote at motor vehicle offices. US District Judge Solomon Oliver Jr. ruled Tuesday that the requirement likely violates federal voting law, since a signed citizenship attestation already suffices. Ohio Secretary of State Frank LaRose said he will appeal the decision immediately. |
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Two measles deaths confirmed in Pennsylvania 2,700+ Vaccination rates have declined in parts of Pennsylvania even as a statewide measles outbreak grew past 390 cases. Two unvaccinated residents of Lancaster County died from the virus this week, marking the state's first measles deaths in 35 years and the first in the US in 2026. More than 2,700 measles cases have been recorded nationwide this year, the most since 1991. |
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Iran, Oman restart talks on managing the Strait of Hormuz Nearly six months of conflict between the US, Israel and Iran have disrupted a fifth of the world's oil shipments through the Strait of Hormuz. Iran's foreign minister said Tuesday that Tehran and Oman resumed talks on a plan to reopen the waterway to shipping and clear mines from the strait. Oil prices fell for a third straight session on hopes that the talks could ease the disruption. |
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Marvell, Best Buy, Dollar Tree earnings due today Wall Street turns from Nvidia's earnings to a fresh round of results due after Thursday's close. Marvell Technology is expected to post 39% profit growth on strong AI chip demand, while Best Buy and Dollar Tree report on how price-conscious shoppers are holding up. The results will offer a broader read on both the AI trade and the health of the American consumer. |
Revealed: Trump’s secret reset
Something strange just happened in the bond market.
For years, foreign nations have been dumping U.S. Treasuries in a torrent.
China alone has offloaded more than half a trillion dollars from its peak holdings…
The BRICS nations sold $47 billion in a single month, earlier this year…
And central banks have been swapping dollars for gold at the fastest pace since the Cold War.
Billionaire investor Ray Dalio calls it the "breakdown of the monetary order."
And the legendary Jim Rogers predicted the dollar would lose its reserve currency status within just a few years.
But then – almost overnight – the trend simply reversed.
Despite America's $36 trillion debt. Despite the war in Iran. Despite the UFO memes, the Epstein files, and the never-ending scandals consuming Washington…
Foreign nations are buying U.S. Treasuries again, and at record pace.
Barely reported in the mainstream press, holdings have surged more than $587 billion in the past 12 months alone, to an all-time-high of $9.49 trillion.
What’s going on?
What force is powerful enough to reverse a multi-decade-long exodus from the dollar – in the face of everything working against it?
In the back rooms of the State Department, the leaders of 13 nations quietly signed an historic agreement.
A treatise that one of America's own Under Secretaries of State says will give the U.S. "a competitive edge so steep, so insurmountable, that no adversary or competitor can scale it."
Those who understand what’s been set in motion could find themselves on the right side of the greatest wealth divide in a generation.
Those who don’t could be left wondering what the hell just happened to their money.
Watch my new documentary, for the full story on the money reset no one’s told you about – or prepared you for.
You'll discover how Trump has completely bypassed Congress to initiate something Fortune calls “the biggest change to the world’s relationship with the dollar” in a generation.
And details on five investments at the very heart of America’s new monetary order – including the name and ticker of my #1 move to make today.
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World |
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Trump sends Saudi nuclear deal to Congress 90 DAYS The US and Saudi Arabia finalized a civil nuclear energy agreement last month that would let American companies build reactors in the kingdom. President Trump formally submitted the deal to Congress this week, starting a 90-day review period. Trump has said the deal will only take effect if Saudi Arabia joins the Abraham Accords and establishes relations with Israel. |
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Israel ousts Dutch officials from Gaza monitoring center The Netherlands banned imports from Israeli settlements in the West Bank last week. In response, Israeli Foreign Minister Gideon Sa'ar removed Dutch representatives from a US-backed center in southern Israel that monitors the Gaza ceasefire. The move signals growing friction between Israel and European governments over settlement policy. |
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Settlers filmed attacking activists in West Bank Israeli activists were setting up a protective fence around a Palestinian village that has faced repeated harassment when the confrontation happened Monday. Left-wing group members say Israeli settlers attacked their activists and reporters in front of Israeli soldiers near the village. No arrests were made, according to the activists. |
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Qatar presses Iran for answers on missing pilots Iranian aircraft went missing during a military operation in Qatar earlier this year. Iran said Wednesday that Qatar has told Tehran it still does not know the fate of the pilots aboard the downed planes. Iranian state media reported that Tehran has urged Doha to step up its search efforts. |
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Israeli strike destroys Gaza aid warehouse, kills seven A ceasefire between Israel and Hamas has been in place since October, but Israeli strikes on Gaza have continued. An overnight strike destroyed a warehouse storing nutrition supplies for children and pregnant women, killing seven Palestinians, according to local health officials. The strikes came as Gaza's health ministry warned of a collapse in basic services across the territory. |
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Politics |
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Watson faces 10 charges over Trump criticism 10 CHARGES Major Jason Watson gave an interview in June saying he believed the war in Iran violated the Constitution, then protested in uniform at the Capitol in July. The Air Force charged Watson this week with 10 violations of military law, including three counts of contemptuous speech, five counts of disobeying orders and two counts of conduct unbecoming of an officer. His attorney said Watson is believed to be the first major in modern military history charged under the contemptuous-speech statute. |
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Ohio's voter-ID fight heads to appeals court A federal judge blocked Ohio's proof-of-citizenship voting requirement Tuesday, ruling it violates a 1993 federal law meant to expand voter registration. Ohio Secretary of State Frank LaRose said the state will file an immediate appeal ahead of the registration deadline for November's midterms. The law was one of several efforts by Republican-led states to tighten voting rules following President Trump's push for stricter citizenship checks. |
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Trump's SAVE Act voting bill stalls in the Senate President Trump has pushed Congress for months to pass the SAVE Act, which would require documentary proof of citizenship to register to vote nationwide. The bill has stalled in the Senate without enough votes to pass before the August recess. Republican-led states including Ohio have moved to adopt similar requirements on their own, prompting a wave of legal challenges. |
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Senators warn Saudi nuclear deal lacks safeguards The nuclear cooperation agreement with Saudi Arabia does not permanently bar the kingdom from enriching or reprocessing nuclear fuel, unlike similar US deals with other countries. Several Democratic senators, including Tim Kaine of Virginia, have said the agreement lacks adequate nonproliferation safeguards and outside inspections. Congress now has 90 days to review the deal before it can take effect. |
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Congress faces shutdown deadline as recess winds down Lawmakers left Washington for the August recess without agreeing on a full-year spending plan. Republican leaders are working on a short-term funding bill to keep the government open past the Oct. 1 deadline, along with a separate package covering costs of the Iran war. The House holds a slim 219-to-212 Republican majority, leaving little room for defections when Congress returns. |
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Markets |
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Tariffs to cost the average household $1,077 a year $1,077 President Trump imposed sweeping new tariffs on dozens of trading partners this year, including a 50% levy on many Canadian goods that took effect over the weekend. The nonpartisan Yale Budget Lab estimated Tuesday that the combined tariffs will cost the typical American household $1,077 annually. The new Canadian duties alone account for about $30 of that yearly total. |
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Marvell rides AI wave into after-the-bell earnings Marvell Technology has climbed more than 160% this year on demand for its AI networking chips, aided by a $2 billion investment from Nvidia. The company reports fiscal second-quarter results after Thursday's close, with Wall Street forecasting adjusted profit of 93 cents a share. Prediction market Polymarket puts the odds of a beat at 88%. |
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Best Buy, Dollar Tree earnings test the US consumer Retailers have reported a mixed picture of American spending this earnings season, with shoppers making fewer trips but spending more per visit. Best Buy and Dollar Tree both report second-quarter results Thursday, offering fresh data on how tariffs and high prices are shaping household budgets. Dollar Tree shares have traded above analysts' price targets heading into the report. |
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Oil extends slide as Hormuz diplomacy advances Diplomatic efforts to ease the Iran conflict gathered pace this week, with Pakistan and Qatar pushing to reopen shipping lanes through the Strait of Hormuz. Brent crude fell further Wednesday to about $86 a barrel, extending a decline of more than 7% since Friday. A resolution to the standoff could ease pressure on global fuel prices heading into the fall. |
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Fed's Warsh faces make-or-break Jackson Hole test Investors have criticized Federal Reserve Chair Kevin Warsh for offering little guidance on interest rates since he took over the central bank this year. Warsh delivers his first Jackson Hole keynote Friday in Wyoming, with 30-year Treasury yields near 5.2% and bond traders hungry for clarity. Economists say Warsh may use the speech to outline his broader plans for reforming Fed communications rather than signal near-term rate moves. |
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Entertainment |
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Dolly Parton to be buried in cotton dress, high heels Dolly Parton's nephew, Bryan Seaver, said the singer asked to be buried in a plush cotton-lined casket after decades of wearing heavy rhinestones on stage. Parton will be interred at Nashville's Woodlawn Memorial Park beside her husband, Carl Dean, who died last year. The cemetery is also the resting place of country legends George Jones, Tammy Wynette and Porter Wagoner. |
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"National Treasure 3" confirmed after 20-year wait Disney released the first two "National Treasure" films in 2004 and 2007, both starring Nicolas Cage as treasure hunter Ben Gates. Director Jon Turteltaub said this week that Disney has approved a script for a third film, with Cage expected to return. Turteltaub joked that only a serious mishap would now stop the long-delayed sequel from moving forward. |
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"The Pitt" Season 3 trailer brings Noah Wyle back HBO Max's Emmy-winning medical drama follows Dr. Michael "Robby" Robinavitch and the staff of a fictional Pittsburgh trauma center in real time. The first teaser for Season 3 dropped this week, showing Wyle's character returning to the night shift after a sabbatical. The new season is set in mid-November and will premiere on HBO Max in January. |
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Tributes to Dolly Parton keep pouring in Reba McEntire, Kacey Musgraves and Carol Burnett were among the stars who shared tributes to Dolly Parton this week following her death Tuesday at age 80. A 2026 YouGov poll for The Times had recently named Parton the celebrity who best represents the American dream. Fans are being encouraged to donate to her Imagination Library literacy program in lieu of flowers. |
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World Humanoid Robot Games underway in Beijing China built the World Humanoid Robot Games this month inside a stadium repurposed from the 2022 Winter Olympics. Machines built by dozens of manufacturers are competing in sprinting and jumping events, with some already outperforming top human athletes. Organizers say the games are meant to showcase advances in Chinese robotics to a global audience. |
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