Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%

Global trade markets are tense as the U.S. prepares to impose reciprocal tariffs by the August 1 deadline, with President Trump rejecting any extensions. Tariffs, ranging from 15% to over 50% on various imports, aim to correct trade imbalances and have led to last-minute agreements with countries like the EU and Japan to avoid harsher penalties. Want More Context? 🔎

U.S. special envoy Steve Witkoff is set to arrive in Israel to revive ceasefire talks amid a worsening humanitarian crisis in Gaza, where famine is reportedly unfolding. With indirect negotiations at a standstill, Israel faces international pressure as it responds to Hamas' proposals for a 60-day truce, while the death toll in Gaza surpasses 60,000, leading to protests in Israel calling for an end to the war. Want More Context? 🔎

Celsius is recalling its Astro Vibe Sparkling Blue Razz energy drink due to cans being accidentally filled with vodka by High Noon, a seltzer company that received the empty cans from a shared supplier. The FDA advises consumers to discard the affected products, which have specific lot codes and silver lids, noting no adverse reactions have been reported. Want More Context? 🔎

Shane Devon Tamura, a 27-year-old man, was identified as the shooter in a Midtown Manhattan office building attack that left four people dead. Recently residing in Las Vegas, he had a documented mental health history and allegedly blamed the NFL for his injuries, prompting the violent incident. Want More Context? 🔎

At least 16 people have died from heat-related illnesses in South Korea this year, according to health authorities.South Korea has experienced a record number of tropical nights in July, with temperatures in Seoul remaining above 29.3°C (84.7°F) overnight, leading to at least 16 heat-related fatalities. This extreme weather trend reflects broader climate challenges in Asia, where temperatures are rising nearly twice as fast as the global average. Want More Context? 🔎

The International Committee of the Red Cross (ICRC) reported that intensified fighting in Sudan's Kordofan region since early 2025 has resulted in hundreds of deaths, mass displacement, and the collapse of essential services, with some areas seeing 90% of civilians fleeing. The ICRC urged respect for international humanitarian law to protect civilians and ensure access to aid amid the worsening humanitarian crisis. Want More Context? 🔎