U.S. cattle faces a growing threat from a protected species of vulture spreading north amid climate change — ‘They just basically eat them alive’

Chinese oil refiners are increasingly turning away from Russian shipments due to sanctions imposed by the US and other countries on Moscow's leading oil producers. This shift is significant as it highlights the growing impact of international sanctions on Russia's economy and its ability to export oil, which is a crucial revenue source for the country. The situation raises concerns about the stability of global oil markets and the potential for increased prices as supply chains are disrupted.

US stock futures are on the rise, suggesting that the positive momentum in global markets, which has seen seven consecutive months of gains, could continue. This is significant as it reflects investor confidence and could lead to further economic growth.

Taiwan's central bank is navigating a tricky situation as the Taiwanese dollar strengthens, limiting its ability to intervene without risking a 'currency manipulator' label from the US. This balance is crucial for Taiwan's economic stability and international relations, as being labeled a manipulator could lead to trade tensions and impact the island's exports.

Freeport-McMoRan has reported strong operational results for Q2 2025, benefiting from a favorable U.S. copper market. This is significant as it highlights the company's resilience and ability to thrive in a competitive environment, which could lead to increased investor confidence and potential growth opportunities in the copper sector.

The recent trade truce between the U.S. and China has led to a reduction in tariffs on certain Chinese products, potentially impacting America's long-term strategy to lessen its reliance on Beijing. This development is significant as it may alter the competitive landscape for U.S. businesses and influence future trade negotiations.

Bessent has pointed out that the high interest rates in the US may be a significant factor contributing to the current housing recession. This situation is crucial as it affects homebuyers, sellers, and the overall economy, highlighting the challenges many face in the housing market.

The US is investigating a near miss incident involving a Southwest Airlines jet and a helicopter. This probe is significant as it highlights ongoing concerns about aviation safety and air traffic management. Such incidents can pose serious risks to passengers and crew, making it crucial for regulatory bodies to ensure that safety protocols are strictly followed.

Bessent has announced that US food aid benefits are expected to start flowing by Wednesday, which is great news for many families in need. This timely assistance will help alleviate hunger and provide essential support to those struggling during challenging times. It's a significant step towards ensuring that vulnerable populations receive the help they require.

The Transportation Secretary has stated that he does not intend to dismiss air traffic controllers who fail to report for work during the ongoing shutdown. This decision comes as the FAA grapples with a significant shortage of approximately 3,000 controllers, which has been a persistent issue. The situation is critical as it highlights the challenges faced by the aviation industry and the potential impact on air travel safety and efficiency.

The Reserve Bank of New Zealand (RBNZ) has conducted a stress test revealing that the country's major banks are well-prepared to handle potential geopolitical risks. This is significant as it highlights the resilience of the banking sector in New Zealand, ensuring stability for consumers and investors alike. With global uncertainties on the rise, the findings provide reassurance that the financial system can withstand external shocks.

Asian stocks are expected to open cautiously as investors look for new catalysts following a strong performance in global equities, which have seen a winning streak for seven consecutive months. This pause in OPEC+ hikes adds an interesting dynamic to the market, as traders assess the implications for oil prices and overall economic stability.

Despite Target's stock being close to its 52-week low, experts suggest it's not a good buy right now. While buying near lows can be tempting, Target's current struggles indicate it may not be a solid investment. This matters because it highlights the importance of evaluating a company's overall health rather than just its stock price.

Bank of America has raised concerns about Tesla's future, signaling potential challenges ahead for the company's stock. This matters because Tesla has been a major player in the electric vehicle market, and any negative outlook could impact investor confidence and market dynamics.

The U.S. energy secretary has clarified that upcoming nuclear weapons tests will include noncritical explosions rather than atomic blasts. This testing aims to ensure that all components of nuclear weapons function correctly, which is crucial for maintaining national security and the effectiveness of the nuclear arsenal. While the tests are not intended to simulate actual nuclear detonations, they play a vital role in verifying the reliability of the weapons system.