Flipboard Newsdesk

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Fed Seen Making September Balance-Sheet Announcement: Survey - Bloomberg

The U.S. Federal Reserve will unveil the timing of its balance sheet unwind in September and wait until December to raise interest rates again, …

United States

AIDS conference: US cuts could hurt fight against HIV virus

The International AIDS Society president has called on the United States to "stay engaged" in HIV research. US President Donald Trump's proposed …

Public Health

GOP favor dropping tax beneficial to blue states

WASHINGTON (AP) — Republicans aren't usually big on raising taxes, but they're really eager to eliminate the federal deduction for state and local taxes.<p>Why? A look at the states that benefit the most from the tax break helps explain it — they are all Democratic strongholds, or so-called blue …

Retirement

Jared Kushner sealed Manhattan real estate deal with oligarch's firm cited in money-laundering case

Donald Trump’s son-in-law bought part of old New York Times building from Soviet-born tycoon, Guardian investigation into Russian money in NYC property market finds<p>Jared Kushner, the son-in-law of Donald Trump, who acts as his senior White House adviser, secured a multimillion-dollar Manhattan real …

Corruption

Spieth emerges from epic duel to win British Open

SOUTHPORT, England (Reuters) - Jordan Spieth survived a roller-coaster final round at the British Open to claim his third major title after beating fellow American Matt Kuchar by three strokes in a thrilling duel at Royal Birkdale on Sunday.<p>Spieth carded a one-under-par final round of 69 to finish …

Golf

IMF cuts 2017 growth forecasts for UK and US

‘Tepid performance’ so far of UK economy and Trump’s failure to deliver tax cuts lead to downgrade to 1.7% and 2.1% respectively<p>The International Monetary Fund has cut its growth forecast for the UK economy this year after a weak performance in the first three months of 2017.<p>In its first downgrade …

International Monetary Fund

LeBron James Reportedly Won't Waive No-Trade Clause for Cavaliers

LeBron James is reportedly planning to stay with the Cleveland Cavaliers until the end of his contract.<p>According to Chris Haynes of ESPN.com, James won't waive his no-trade clause now or at any point during the 2017-18 season. He can be a free agent next summer if he declines his $35.6 million …

NBA

Richard Sherman admits to Russell Wilson practice beef, says 'iron sharpens iron'

The star cornerback says that he and Wilson have a 'professional' relationship<p>The offseason has been full of talk about the Seattle Seahawks and the drama that may or may not exist between Russell Wilson and Richard Sherman. An article by Seth Wickersham of ESPN the Magazine stirred the pot …

NFL

Jamaica pulls off upset victory over Mexico to reach CONCACAF Gold Cup final

PASADENA, Calif. (AP) — After Kemar Lawrence ripped and exquisite shot over Mexico's five-man wall and into the top corner for one of the biggest goals in Jamaican soccer history, the defender hushed his teammates and refused to celebrate.<br>These Reggae Boyz are staying cool, even after a goal that …

FIFA

Dodgers lose injured Kershaw, beat Braves 5-4 in 10

AP Radio AP Radio News:<p>LOS ANGELES (AP) -- The Dodgers are bracing for the worst after Clayton Kershaw's latest back injury.<p>Manager Dave Roberts said the All-Star ace was headed to the 10-day disabled list after Kershaw left 21 pitches into his start on Sunday because of right low back …

Baseball

Report: Magic sign Marreese Speights to veteran's minimum deal

Gary A. Vasquez-USA TODAY Sports / Action Images<p>The Orlando Magic will sign free-agent big man Marreese Speights, USA Today's Jeff Zillgitt …

Basketball

Martin Truex Jr., Kyle Busch wreck racing for the Brickyard 400 lead at Indianapolis

INDIANAPOLIS — Kyle Busch and Martin Truex Jr. had worked together on restarts all afternoon, assuring they maintained the top two positions during the Brickyard 400 Sunday at Indianapolis Motor Speedway.<p>But deciding they needed to lookout for their own self interests, Busch and the No. 18 Joe …

Motorsport

Samsung and Google are closing the gap on Apple’s monetization of mobile games

Apple has long been dominant when it comes to the iPhone’s ability to monetize mobile games at higher rates than rival smartphones. But mobile analytics and marketing platform DeltaDNA has found in a study that rivals are closing the gap.<p>For a decade, the iPhone’s polished user experience has …

Samsung Galaxy

The Rock teams up with Apple's Siri for his next movie

In case you manage to drag yourself out of the ongoing <i>Game of Thrones</i> craze today, you might be in for a treat: superstar Dwayne ‘The Rock’ Johnson just tweeted that he’s joined forces with Apple’s voice assistant, Siri, for his next film, which airs on the company’s YouTube channel July 24 (that’s …

Movies

Grab gets $2B from Didi and SoftBank to fuel bid to defeat Uber in Southeast Asia

Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing from existing investors Didi Chuxing, the company that defeated Uber in China, and SoftBank.<p>Didi said the round could expand by $500 million more with input from other existing backers …

Uber

Self-destructing photos and videos have now come to Telegram

Telegram is the latest app to join the many messengers that have mimicked Snapchat's disappearing message feature.<p>On Sunday, Telegram started offering disappearing photos and videos in one-to-one chats.<p>The messaging app built its name by being one of the first to offer end-to-end encryption. Till …

Apps

BMW denies conspiring with rivals on diesel emissions systems

VW isn't the only German automaker reeling from the effects of diesel emissions scandals. BMW is denying <i>Der Spiegel</i> allegations that it not only colluded with Daimler and the Volkswagen Auto Group (including Audi and Porsche) on the designs and prices for AdBlue diesel emissions treatment systems, …

Autos

White House communications director Anthony Scaramucci says he’ll delete tweets the internet already recorded

Empty transparency.<p>Just one day into his job as White House, communications director Anthony Scaramucci announced on Twitter that he’d be deleting past tweets. Not only is this a highly counterintuitive move for the person charged with communicating between the Trump administration and the press — …

Donald Trump

Latest Drone Footage Reveals Landscaping Progress in Apple Park's Inner Circle

Drone videographer Duncan Sinfield posted a new video on his YouTube channel today, offering a "late July" bird's eye view of Apple Park, the company's new headquarters in Cupertino, California.<p>Sinfield's video reveals landscaping around the campus has picked up momentum in the last few weeks, with …

Apple

IMF downgrades US and UK growth

<b>The UK and US economies will expand more slowly in 2017 than previously predicted, according to the International Monetary Fund (IMF).</b><p>It said "weaker-than-expected activity" in the first three months of the year meant the UK would grow by 1.7%, compared with an earlier 2% forecast.<p>And the IMF …

Human Geography

Australian consumer watchdog investigates air bag recall

SYDNEY (AP) — Australia's consumer watchdog said on Monday it was urgently seeking information from the government regulator and car manufacturers after a magazine reported that recalled Takata air bags were being replaced by faulty air bags.<p>Australian consumer magazine Choice discovered car makers …

Airbags

How Netflix Founder Reed Hastings Got $300 Million Richer in a Week

Netflix CEO Reed Hastings has benefited handsomely from the recent success of the streaming service, earning nearly $300 million in the last week, …

Netflix

In China, Herd of ‘Gray Rhinos’ Threatens Economy

SHANGHAI — Let the West worry about so-called black swans, rare and unexpected events that can upset financial markets. China is more concerned about “gray rhinos” — large and visible problems in the economy that are ignored until they start moving fast.<p>The rhinos are a herd of Chinese tycoons who …

China

Qatar Airways CEO apologizes for 'grandmothers' comment, but rivals aren't forgiving

The chief executive of Qatar Airways has never minced words when talking about his U.S.-based rivals.<p>But Akbar Al Baker admits he went too far earlier this month when he compared the crews on his airline with those of U.S.-based carriers.<p>“By the way, the average age of my cabin crew is only 26 …

Airlines

Direct lending funds' fading all-weather appeal

NEW YORK (Reuters) - Miami-area money manager Bob Press appears to offer the ultimate all-weather investment: a "direct lending" hedge fund that does not require a long-term commitment and has produced nearly 90 straight months of positive returns not correlated to other markets.<p>Most funds invest …

Finance

Brexit economy: sterling fall hits public finances and fails to boost trade

The latest monthly Guardian analysis uncovers signs amid the ongoing slowdown that pound depreciation may start to fade<p>The sharp fall in sterling triggered by the EU referendum result is having an adverse effect on Britain’s already weak public finances but has yet to bring about the expected …

Bank of England

’90 Day Fiance’ Update: Paola Finally Realizes Her Modeling Agent Scammed Her, But No Lessons Were Learned

Much to the surprise of pretty much no one, Paola’s shady agent was proven to be a straight-up scammer in the recently aired episode of <i>90 Day Fiance:</i> …

TV

Real or not? Strasburg, Kershaw injuries could ramp up the pursuit of Yu Darvish

The early departures of Clayton Kershaw and Stephen Strasburg, and the potential repercussions regarding what could happen at the July 31 trade …

Baseball

KKR said to be in talks to buy WebMD

Private equity giant KKR is said to be in acquisition talks with medical site WebMD, according to a report from Reuters on Sunday. Shares of WebMD ticked up slightly in after-hours trading after the report.<p>The price of the potential offer could not be learned, but the public market cap last valued …

Private Equity

Marines remaining in Afghanistan face hardship

Only 300 US Marines remain in Afghanistan's Helmand province. Based on a recent tour, CNN's Nick Paton Walsh reports that the Marines seem oddly vulnerable.

Military