Oil spikes, chips slide

Crude tops $90 a barrel for the first time since early June as U.S. strikes on Iran enter their ninth day and two tankers are hit in the Strait of Hormuz. Markets are also watching Alphabet's Wednesday earnings, the first of the major hyperscalers to report. Plus, Andy Burnham is ...  Show more

Japanese chip stocks lead a broad sell-off in Asian trading as investors question whether the AI spending cycle has peaked. China's Moonshot unveils what it calls the world's largest open-source AI model as President Xi Jinping hosts a global AI cooperation conference in Beijing. ...  Show more

We start with the latest round of emails demanding federal workers justify their jobs. A delicate truce between Israel and Hamas hangs by a thread as Israel sets new conditions. The man accused of killing seven people during a 4th of July parade in a Chicago suburb made a surpris ...  Show more

Hamas and Israeli officials are set to gather in Egypt for talks on President Trump's Gaza plan. A federal judge temporarily blocks the Trump administration from sending any National Guard troops to Portland. France’s new prime minister resigns, sparking fresh political chaos. Re ...  Show more

We start with details on an upcoming emergency hearing over the fallout from a controversial group chat that included a journalist. We’re hearing from three major US trading partners about President Trump’s auto tariffs. European leaders have stated their positions about whether ...  Show more

President-elect Donald Trump is taking a page from his first term to implement his deportation plan. We’ll tell you where the US’s push for a ceasefire between Israel and Hezbollah now stands. Russian forces carried out deadly strikes in parts of Ukraine. US health officials have ...  Show more