Inflation cools more than expected in June as gas costs fall

WASHINGTON (AP) – U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled more than expected. Prices dropped 0.4% from May to June, the largest monthly drop in four years, the Labor Department said Tuesday.

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UK police say former politician Ann Widdecombe was killed in 'targeted attack'

LONDON (AP) – Counterterror police investigating the killing of the former British politician and reality TV contestant Ann Widdecombe said Tuesday that she was the victim of a “targeted attack.”

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Philippines commemorates 2016 South China Sea ruling rejected by Beijing

MANILA, Philippines (AP) – The Philippines commemorated on Friday the anniversary of a 2016 arbitration ruling, which invalidated China’s expansive claims in the disputed South China Sea and which Washington and other allies have used as a rallying call against Beijing’s growing assertiveness.

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SoftBank Group's CEO says $5 trillion a year needed globally to meet AI demand

TOKYO (AP) – Worries about a bubble in artificial intelligence investments are absurd, SoftBank Group’s CEO Masayoshi Son said Tuesday, deriding such doubts as backward and akin to questioning the use of cars and planes. “To ask whether AI is a bubble is a foolish question,” Son told executives at an annual company event in Tokyo.

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Prosecutions, Epstein and the $1.8B fund: What to watch at Todd Blanche's confirmation hearing

WASHINGTON (AP) – Todd Blanche is heading into a high-stakes test this week in his bid to become attorney general, with key Republicans still undecided about whether to back his nomination.

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IBM's stock tumbles as preliminary 2Q results come in below expectations

Shares of IBM are sliding before the market open on Tuesday as the company provided preliminary second-quarter results that are below Wall Street’s expectations.

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China expels Politburo member Ma Xingrui in Xi's anti-corruption campaign

BEIJING (AP) – A senior official has been expelled from China’s ruling Communist Party, state media said Tuesday, the latest to fall in Chinese leader Xi Jinping’s long-running anti-corruption campaign.

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2 Spaniards gored as the San Fermin bull run festival concludes

PAMPLONA, Spain (AP) – Spain’s famed San Fermin festival concluded with two gorings during the eighth and final bull run held on Tuesday.

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Iran releases video said to show latest strikes against US bases in Middle East

Iran releases video said to show latest strikes against US bases in Middle East

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Buffett omits gift to Bill Gates' foundation after Epstein ties disclosed

OMAHA, Neb. (AP) – Billionaire Warren Buffett omitted Bill Gates ′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein. He will donate about $6 billion to four foundations connected to his own family, but did not mention Gates in his announcement Tuesday.

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