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Apple has become the world's most valuable company, surpassing Nvidia after more than two years. Apple's stock has increased by 25% this year, giving it a market value of about $4.99 trillion as of midday Tuesday.
Key Facts
Apple is now the most valuable company globally.
Nvidia was the top company for more than two years before Apple overtook it.
Apple's stock price has increased by 25% since the beginning of this year.
As of midday Tuesday, Apple's market value reached approximately $4.99 trillion.
The market value means the total worth of all Apple's shares combined.
Nvidia is a company that makes computer chips.
Apple's main product is the iPhone.
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Senator Lindsey Graham said he convinced President Donald Trump to join Israel in starting a war against Iran. Newly released footage shows Graham expressing strong support for the conflict and discussing efforts to involve the U.S. in attacking Lebanon. Graham died in July 2024, and both Trump and Israeli Prime Minister Netanyahu, with whom Graham was close, attended his funeral.
Key Facts
Lindsey Graham claimed he persuaded President Trump to join Israel in a war against Iran.
The conflict began after U.S.-Israeli strikes killed Iran’s Supreme Leader Ayatollah Ali Khamenei on February 28, 2024.
Graham appeared emotional and happy when the war started, saying he “almost cried” tears of joy.
He compared the partnership of Trump and Netanyahu to the cooperation between Roosevelt and Churchill in World War II.
Graham discussed lobbying Trump to attack Hezbollah targets in Lebanon, but Netanyahu advised focusing on Iran first.
Graham expressed frustration when Trump signed a ceasefire deal with Iran that Graham felt allowed the conflict to “slip away.”
The footage was collected over three years by a documentary filmmaker given access to Graham.
Graham died on July 11, 2024, aged 71, and both President Trump and Netanyahu attended his funeral.
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Audio recordings from 2016 and 2017 show President Joe Biden talking about classified material and notes he kept from his time as vice president. A report by a former special counsel found that Biden kept and shared classified information after leaving office but decided not to press criminal charges.
Key Facts
The recordings were made when Biden worked with a ghostwriter on his 2017 memoir.
Biden discussed having extensive notes, some containing classified information about military and foreign policy.
Biden appeared to struggle with recalling details in the recordings.
Biden’s team said the conversations were private and shared with the Department of Justice with the expectation of confidentiality.
A 2024 report by former special counsel Robert Hur concluded Biden willfully kept and shared classified materials but recommended no charges.
The report described Biden as an elderly man with a poor memory.
Similar issues with classified documents also involved President Donald Trump after his first term.
Hur stated it would be difficult to prove criminal intent for Biden due to his age and mental state.
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A wildfire in southwestern France damaged much of the commercial area in the town of Biscarrosse. Some businesses have started to open again, but people remain concerned about new fires nearby and ongoing dangers.
Key Facts
The wildfire caused heavy damage to parts of Biscarrosse’s commercial district.
Many business owners suffered significant losses.
Some shops have reopened after the fire.
Residents are worried about flare-ups, which means new spots of fire starting again.
Fire risks are still present in the area.
The wildfire took place in southwestern France.
The exact cause of the fire was not mentioned in the article.
Emergency teams are likely still monitoring the situation.
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Senator Lindsey Graham’s funeral was held at the National Cathedral in Washington, D.C., where President Donald Trump gave a eulogy. Many political leaders, including Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelenskyy, attended the service.
Key Facts
Lindsey Graham was a four-term Republican senator from South Carolina.
He died on July 11 from an aortic dissection caused by heart disease.
President Trump eulogized Graham, calling him a great friend and senator.
Vice President JD Vance spoke about Graham’s dedication and political skill.
Graham was known for supporting Supreme Court Justice Brett Kavanaugh during his confirmation.
Netanyahu and Zelenskyy met with President Trump and spoke with each other before the funeral.
Other speakers at the funeral included Fox News’ Sean Hannity and Graham’s niece Emillie Boggs Roberts.
Several clergy members from the National Cathedral and other churches participated in the service.
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A 3-month certificate of deposit (CD) with $10,000 can earn about $94 to $97 in interest at current rates near 4%. Alternatively, a high-yield savings account offers a similar return with more flexibility but a variable interest rate.
Key Facts
A 3-month CD locks in money for the term but offers fixed interest rates around 3.8% to 3.95%.
Interest earned on a $10,000 3-month CD is roughly $94 to $97 by maturity.
This means savers earn about $1 per day during the 3-month period.
High-yield savings accounts currently offer around 4.10% interest with about $100 earned in three months.
Unlike CDs, savings account rates can change over time and money remains accessible.
Traditional savings accounts offer much lower rates, about 0.38%, which may not keep up with inflation.
Online banks often provide better CD rates than banks with physical branches.
Savers should compare options because both CDs and high-yield savings accounts are better than regular savings accounts right now.
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Democrat Paige Cognetti is challenging Republican Rep. Rob Bresnahan in a Pennsylvania congressional race by criticizing new artificial intelligence (AI) data centers and their impacts on local communities. The race is important for the Democratic Party as they try to gain control of the U.S. House and oppose President Donald Trump's agenda.
Key Facts
Paige Cognetti is the mayor of Scranton and the Democratic candidate running against Republican Rep. Rob Bresnahan.
The campaign ad focuses on opposition to AI data centers being built in the district.
Data centers use a lot of electricity and often receive tax breaks, which Cognetti says unfairly raise local electric bills.
Cognetti criticizes companies for secrecy, environmental pollution, and not hiring local union workers.
Rep. Bresnahan introduced a bill to limit lawsuits by companies over local decisions to block data center construction.
The bill has not advanced and has no cosponsors yet.
President Trump supports data centers to boost U.S. AI competitiveness against China.
Both President Trump and Vice President JD Vance have visited the district to support Bresnahan.
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The health care system in the United States is shifting from focusing on treating illnesses after they appear to preventing them before they start. This change is driven by an aging population, rising chronic diseases, and patients who want to stay healthy longer instead of just living longer.
Key Facts
By 2050, the number of people aged 60 and older worldwide will nearly double to 2.1 billion.
Chronic diseases like heart disease, diabetes, and dementia cause about 90% of U.S. health care spending.
Global health spending is increasing as people live longer but with more complex medical needs.
The wellness market globally is now worth $6.8 trillion, and the longevity sector is expected to surpass $33 billion this year.
More people want preventive care, personalized health plans, and testing to catch health issues early.
Dr. Andréa Mosca, a health provider with military medicine experience, promotes focusing on prevention and the body’s ability to heal itself.
Patients are becoming more active and informed about their health, ready to invest in long-term wellness.
This represents a shift away from emergency and reactive treatment towards proactive health management.
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Pennsylvania lawmakers missed a court-imposed deadline to change the state’s sentencing rules for second-degree murder, a crime involving deaths during violent felonies. Without new laws, judges must decide sentences case-by-case, while two different legislative proposals remain unresolved.
Key Facts
The Pennsylvania Supreme Court ruled that mandatory life sentences without parole for second-degree murder violate the state constitution.
Lawmakers had until July 24 to update sentencing laws but did not pass a final law.
Second-degree murder includes deaths that happen during crimes like robbery or arson, even if the person convicted did not directly cause the death.
Two bills are in progress: the Senate’s bill sets a 35-year minimum sentence, with parole eligibility after that, and the House’s bill lets courts use guidelines and allows parole after 30 years.
Neither bill has become law yet, and there is no agreement between lawmakers on a compromise.
Judges will decide sentences for new second-degree murder cases until the legislature acts.
People already serving life sentences are not automatically released and will not be immediately eligible for parole.
Lawmakers plan to continue talks when the legislature returns in September.
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Kentucky Governor Andy Beshear has asked Senator Mitch McConnell to either prove he is healthy enough to continue his duties or resign. McConnell has been in rehabilitation after a hospital stay caused by a fall and has missed recent events and Senate votes.
Key Facts
Senator Mitch McConnell has been in a rehabilitation facility since June 14 following a fall.
McConnell is 84 years old and has not yet been cleared by doctors to leave rehab.
Governor Andy Beshear sent a letter demanding McConnell show proof he can serve or step down.
Beshear also urged Senate Majority Leader John Thune to investigate McConnell’s health if no proof is given.
McConnell’s office has given very few updates and no direct comment on Beshear’s letter.
Public concern about the health of older U.S. politicians has increased after recent health incidents and deaths in office.
McConnell missed a major Kentucky political event and upcoming Senate votes due to his health.
Beshear is seen as a potential presidential candidate in 2028.
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Officials in Pakistan-administered Kashmir accused a banned group of trying to disrupt elections for the region’s assembly. They also said armed militants, including members of the Pakistani Taliban, joined protests that became violent, resulting in the death of a paramilitary officer and injuries to others.
Key Facts
Elections for the Kashmir region’s constitutional assembly began on August 7 and will continue through August 10.
A banned political group called the Joint Awami Action Committee (JAAC) was accused of trying to sabotage the elections.
Officials said armed militants from the Pakistani Taliban were part of the ongoing protests.
Clashes between armed protesters and security forces killed one paramilitary officer and injured several others.
The protests have caused low voter turnout, especially in Mirpur city during the first phase.
The JAAC demands more political rights for Kashmir residents and the removal of refugee seats in the assembly.
The regional government banned JAAC due to violent protests and public safety concerns.
Authorities plan to take action to end the protests and ensure peaceful, fair voting.
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A federal judge has temporarily stopped Minnesota’s new law that bans prediction markets from taking effect. The judge said the law could harm companies like Kalshi and Polymarket, which the U.S. Commodity Futures Trading Commission (CFTC) regulates. The legal battle continues over whether states or the federal government have the authority to regulate these markets.
Key Facts
Minnesota passed a law banning prediction markets, making it a crime to run or help run them.
A federal judge blocked this law just before it was to start.
The judge ruled that Kalshi, Polymarket, and the CFTC are likely to win in court and would face harm if the law took effect.
Kalshi and Polymarket say federal law, regulated by the CFTC, should control prediction markets, not states.
States argue most of the business on these platforms is sports betting, which they can regulate.
Minnesota’s Attorney General calls prediction markets gambling and wants to protect communities from it.
The CFTC’s leader, appointed by President Trump, opposes states banning or regulating these markets, defending federal control.
Several states, including Connecticut, are involved in lawsuits to try to shut down prediction market platforms, citing illegal gambling laws.
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Keiko Fujimori will be inaugurated as Peru’s president after narrowly winning the June election by fewer than 50,000 votes. She aims to stabilize Peru’s politics and improve security by adopting tough crime-fighting measures and encouraging public-private partnerships for infrastructure development.
Key Facts
Keiko Fujimori is set to become Peru’s president on July 28, 2026.
She won the presidential election by a small margin of less than 50,000 votes.
Fujimori is the daughter of a former president jailed for human rights abuses.
Peru has had nine presidents in the last ten years, many of whom did not finish their terms due to resignation or removal.
Fujimori’s party and its ally will hold half the seats in the new Senate, making it harder for Congress to remove her.
Her campaign focused on fighting crime with strict policies like building a large prison and protecting judges’ identities.
Opposition leaders want her to reverse recent laws that reduce the government’s ability to fight organized crime.
Fujimori faces protests from relatives of civilians killed during recent anti-government demonstrations and leads a politically divided country.
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President Donald Trump met with Ukrainian President Volodymyr Zelenskyy at the White House. They talked about Ukraine’s air defenses and efforts for diplomacy with Russia during the ongoing conflict.
Key Facts
The meeting took place at the White House.
President Trump and President Zelenskyy discussed Ukraine’s air defense systems.
They also talked about diplomatic ways to handle the war with Russia.
Russia’s war in Ukraine is an ongoing conflict.
CBS News reported on the meeting with details from their correspondent Aidan Stretch.
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The CEO of India’s National Stock Exchange, Shri Ashishkumar Chauhan, said that winning in artificial intelligence (AI) does not require owning the biggest AI models. He believes India can succeed by using AI in practical ways across businesses and devices, even if the main technology comes from other countries.
Key Facts
The global AI race usually focuses on who has the largest models and most advanced technology.
Chauhan says being the best user of AI can lead to success, not just inventing new technology.
India can gain by applying AI in many industries and everyday devices like phones and appliances.
Large AI models are useful for complex tasks, but smaller, open-source models can be adapted more easily and affordably.
Many Indian engineers work on AI and technology for foreign companies and later start their own businesses.
India’s approach encourages entrepreneurs to innovate based on real market needs without waiting for government plans.
Expanding infrastructure like semiconductor manufacturing and renewable energy is important to support AI growth in India.
Chauhan warned that heavy investment in AI infrastructure might lead to extra capacity if AI revenues do not meet expectations.
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Vice President JD Vance and Senate Majority Leader John Thune spoke at a service for Senator Lindsey Graham held at the U.S. Capitol. This service took place before Senator Graham's funeral at the National Cathedral.
Key Facts
A service was held at the U.S. Capitol to honor Senator Lindsey Graham.
Vice President JD Vance was a speaker at the service.
Senate Majority Leader John Thune also spoke at the event.
The service occurred ahead of Senator Graham’s funeral.
The funeral is scheduled to take place at the National Cathedral.
CBS News correspondent Caitlin Huey-Burns reported on the event.
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Israeli Prime Minister Benjamin Netanyahu visited President Donald Trump at the White House seeking public support ahead of Israel’s upcoming election and backing on Iran policy. Trump showed mixed reactions and has not yet endorsed Netanyahu, while polls indicate Netanyahu’s political position in Israel is weakening.
Key Facts
Netanyahu and Trump met in the Oval Office to discuss the war against Iran and Israel’s election.
Trump acknowledged some differences with Netanyahu on Iran but said they are mostly aligned.
Trump dismissed Netanyahu’s plan to brief him publicly on Iranian nuclear activity.
Netanyahu seeks Trump’s support to boost his chances in the upcoming Israeli election.
Polls show Netanyahu’s coalition trailing the anti-Netanyahu alliance backed by former Israeli leaders.
Markets betting on Israel’s next prime minister give Netanyahu about a 40% chance.
Trump faces pressure to reduce the war against Iran due to U.S. economic and political concerns.
Israel’s support in Washington has decreased alongside Netanyahu’s declining influence.
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The cryptocurrency industry is becoming more like traditional industries, focusing less on new technology and more on using existing systems efficiently. Companies that run the underlying services and infrastructure well are gaining value as the technology itself becomes more standard.
Key Facts
Early crypto success came from creating new blockchain technologies and proving they were better.
Now, many blockchains offer similar features, making them more like standard tools than unique products.
Value is shifting to companies that operate infrastructure like validators, exchanges, and custodians effectively.
This change is similar to past industries like telecommunications and railroads, where managing infrastructure well created wealth.
Crypto firms now compete on factors like reliability, speed, risk management, and compliance.
Larger crypto companies benefit from economies of scale, meaning they can operate more cheaply and securely.
The industry is moving from innovation to efficient operation of complex systems that support crypto services.
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More than 1,000 people evacuated by wildfires in southwestern France are staying at Bordeaux’s exhibition centre, where volunteers offer various activities and support. The city is helping evacuees find longer-term housing while volunteers provide entertainment, healthcare, and other services.
Key Facts
Over 1,000 evacuees from wildfires in the Gironde region are sheltered at Bordeaux’s exhibition centre.
Around 7,000 people fled the wildfires on July 24-25, 2026, with many leaving as tourists returned home or locals found friends or family.
Bordeaux City Council has offered 892 housing options, including private homes, university dorms, and schools.
About 500 volunteers help by organizing activities like games, movie screenings, exercise sessions, and spiritual services.
Veterinary services are available for evacuees' pets.
The centre includes dining areas, relaxation spaces, and places for socializing to support evacuees’ morale.
Volunteers also provide legal aid and healthcare, including physiotherapy.
Children are entertained by volunteers making balloon animals and organizing games.
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Early in-person voting started in Wisconsin for the Democratic primary race for governor. Five Democrats, including a democratic socialist and the governor’s endorsed candidate, are competing to lead the party into the November general election. A judge is also hearing a case about whether voters can cancel already mailed absentee ballots to vote again.
Key Facts
Early voting began in Wisconsin’s Democratic primary for governor on Tuesday.
Five Democratic candidates are running, including Francesca Hong, Mandela Barnes, and David Crowley.
David Crowley reentered the race with Governor Tony Evers’ endorsement after briefly dropping out.
Francesca Hong has strong support from the party’s most liberal voters, especially in Madison.
Mandela Barnes is popular in Milwaukee and previously ran for U.S. Senate in 2022.
Both Crowley and Barnes aim to become Wisconsin’s first Black governor.
Republican candidate Tom Tiffany, supported by President Donald Trump, faces little opposition in his primary.
A judge is hearing arguments on whether voters who mailed absentee ballots can cancel them and vote again.
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