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CBS Headline News

Fauci invokes 5th in hearing, citing Rand Paul's "unhinged obsession"

 Fauci invokes 5th in hearing, citing Rand Paul's "unhinged obsession" 150 150 admin
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Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.source

The Federal Reserve meets Wednesday. Could it raise interest rates?

 The Federal Reserve meets Wednesday. Could it raise interest rates? 150 150 admin

The central bank is widely expected to stand pat on Wednesday, but persistent inflation concerns are reshaping expectations for the rest of 2026.source

Watch Live: Fauci invokes 5th in hearing, citing Rand Paul's "unhinged obsession"

 Watch Live: Fauci invokes 5th in hearing, citing Rand Paul's "unhinged obsession" 150 150 admin

Dr. Anthony Fauci is testifying to the Senate on the origins of the COVID-19 pandemic, setting up a showdown between the infectious disease expert and GOP Sen. Rand Paul.source

Trump warns Iran is set to "get a beating" as 5-month war expands

 Trump warns Iran is set to "get a beating" as 5-month war expands 150 150 admin

The war in the Middle East is expanding, with Trump threatening Iran with “a beating” and the U.S. and Saudi Arabia jointly strike Iranian proxies in Iraq.source

Wildfire in France has burned an area four times the size of Paris

 Wildfire in France has burned an area four times the size of Paris 150 150 admin

More than 2,500 firefighters in France are battling fires across the country. Meanwhile in Spain, over 1,000 firefighters are trying to contain 16 active fires, with the Avila Fire the…

Business

Microsoft tops quarterly cloud growth estimates, easing spending concerns

 Microsoft tops quarterly cloud growth estimates, easing spending concerns 150 150 admin

July 29 (Reuters) – Microsoft topped Wall Street estimates for quarterly cloud revenue growth on Wednesday, a sign its massive spending on AI infrastructure was paying off as capacity constraints…

L’Oreal sales rise on haircare boom and ‘lipstick effect’

 L’Oreal sales rise on haircare boom and ‘lipstick effect’ 150 150 admin

By Dominique Patton PARIS, July 29 (Reuters) – The world’s largest cosmetics company L’Oreal reported better-than-expected quarterly sales on Wednesday, boosted by strong demand for new hair products and mascaras.…

Trump announces a $22.5 billion makeover of Dulles airport that will eliminate the ‘people movers’

 Trump announces a $22.5 billion makeover of Dulles airport that will eliminate the ‘people movers’ 150 150 admin

WASHINGTON (AP) — President Donald Trump on Wednesday announced a $22.5 billion renovation of Washington Dulles International Airport that will end the use of the widely disliked “people movers,” the…

Wisconsin’s appeals court overturns ruling that had restored collective bargaining power

 Wisconsin’s appeals court overturns ruling that had restored collective bargaining power 150 150 admin

MADISON, Wis. (AP) — A Wisconsin appeals court on Wednesday restored a 2011 anti-union law that abolished collective bargaining rights, in a setback for unions and public workers. Unions are…

UBS flags $3 billion in new buybacks by end-June after forecast-beating quarter

 UBS flags $3 billion in new buybacks by end-June after forecast-beating quarter 150 150 admin

By Ariane Luthi ZURICH, July 29 (Reuters) – UBS booked a 17% jump in second-quarter profit on Wednesday, ahead of expectations, and said it plans to buy back shares worth…

South Korea’s Kospi share index falls 7% and other Asian shares are mixed as oil prices surge

 South Korea’s Kospi share index falls 7% and other Asian shares are mixed as oil prices surge 150 150 admin

TOKYO (AP) — Asian shares were mixed but South Korea’s Kospi stock index dropped 7% on Wednesday as doubts over massive investments in artificial intelligence once again led investors to…

Austria’s 16th century bell foundry adds modern technology to keep the casting process alive

 Austria’s 16th century bell foundry adds modern technology to keep the casting process alive 150 150 admin

INNSBRUCK, Austria (AP) — Wearing protective gear to shield from the extreme heat of molten bronze, workers at one of the last bell foundries in Europe are casting bells weighing…

Aston Martin reports narrower second-quarter loss

 Aston Martin reports narrower second-quarter loss 150 150 admin

July 29 (Reuters) – Aston Martin’s second-quarter loss narrowed from year ago, backed by solid sales of its Valhalla plug-in hybrid supercar and strict cost discipline, the British luxury carmaker…

US bans foreign-made humanoid robots, targeting China over national security

 US bans foreign-made humanoid robots, targeting China over national security 150 150 admin

HONG KONG (AP) — The Federal Communications Commission in the U.S. said on Tuesday it would ban the import of foreign-made humanoid robots in a move that targets China, arguing…

South Korea stock rout breaks records as SK Hynix earnings disappoint

 South Korea stock rout breaks records as SK Hynix earnings disappoint 150 150 admin

By Gregor Stuart Hunter, Rae Wee and Jihoon Lee SINGAPORE/SEOUL, July 29 (Reuters) – South Korean stocks plunged for a second straight session on Wednesday as Asia’s sparkling AI-fuelled rally…

World News

S.Korea says no evidence of defection from official shot dead by N.Korea 150 150 admin

S.Korea says no evidence of defection from official shot dead by N.Korea

By Hyonhee Shin SEOUL (Reuters) – There was no evidence that the South Korean fisheries official shot and burned by North Korean troops in 2020 intended to defect, South Korea’s…

Russian opposition leader confirms prison move 150 150 admin

Russian opposition leader confirms prison move

MOSCOW (AP) — Opposition politician Alexei Navalny confirmed Wednesday that he was transferred to another prison and in quarantine. Navalny wrote on the Telegram messaging app that he was moved…

Pope cracks down on new Catholic religious start-ups 150 150 admin

Pope cracks down on new Catholic religious start-ups

ROME (AP) — Pope Francis has taken another step to reign in new religious groups in the Catholic Church after their unregulated proliferation in recent decades led to abuses in…

Entertainment

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