President Donald Trump has given foreign ships another 90 days to carry goods between U.S. ports, starting August 17. This extension aims to help move crucial supplies like oil and fertilizers as tensions with Iran continue . The waiver,first set in motion on March 17,was meant to ease transport issues and keep prices steady.
The Pentagon will work with the Maritime Administration to decide which trips get the green light. A White House spokesperson stressed this extension's importance for keeping crucial supplies flowing.
Big leap for space dreams: VinSpace,a Vietnamese aerospace firm,has inked a deal with SpaceX to launch its first satellites in 2027. This marks a key step for Vietnam's budding space industry. The launch will carry satellites for multiple clients at once.
VinSpace, part of the larger Vingroup,started in November 2025. It's branching out into high-tech fields like electric cars and AI. plan? Build, launch,and operate satellites to test tech in space and eye future business prospects.
Meanwhile, the U.S. housing market's cooling off . Home sales dropped 1.7% in July,hit by sky-high prices and mortgage rates that are scaring off buyers. annual sales pace fell to 4.06 million units,though July saw a slight 0.7% bump from last year.
Prices keep climbing,hitting a median of $434,100 — up 2% from last year. High costs and rates are big hurdles for many trying to buy homes.
Elsewhere, a federal safety agency released its final report on a deadly explosion at a U.S. Steel plant in Pennsylvania that killed two workers in 2025. blast at the Clairton Coke Works happened when a gas valve, being flushed with pressurized water,burst . U.S . Chemical Safety and Hazard Investigation Board urged U.S. Steel to create a written procedure for safely cleaning valves to reduce risks.
The report noted the valve involved was over 70 years old and made from brittle cast iron. U.S. Steel had faced over $118,000 in fines from OSHA for safety breaches.
As college students gear up for school, financial smarts become key. Experts suggest new students focus on They advise talking about money with peers,planning for loans,and using campus resources to navigate this new chapter.
In tech news, Meta Platforms has rolled out a new AI model, Muse Glimmer, aimed at developers. CEO Mark Zuckerberg raised concerns about a few companies or governments controlling advanced AI,warning of negative consequences. He calls for opening up AI development to spur competition and innovation.
Zuckerberg also tackled “distillation,” a method some claim Chinese firms use to pull features from U.S. AI models. He emphasized need to learn from observations to drive progress .
Lastly,Toyota is recalling about 655,000 Camrys worldwide due to a display glitch that might disable key safety alerts. The recall chiefly affects over 508,000 Camry Hybrids from the 2025-2026 model years sold in U.S. The NHTSA noted the 7-inch display could go blank at startup, potentially affecting turn signals and hazard lights,raising accident risks .
Owners will be told to visit dealers for a free software fix. This recall covers markets in North America, the Middle East, Asia,and elsewhere.
