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Daily news brief — 30 July 2026

10 stories · 12 sources · 5 minute read

Plus, Russia claims new territory, a major security incident in Pakistan, and 7 other stories in today's brief

01worldCovered by 2 outlets

Federal Reserve holds interest rates steady for fifth meeting as inflation eases, signaling cautious stance

The U.S. Federal Reserve maintained its benchmark interest rate at 3.5–3.75% for the fifth consecutive meeting. While headline inflation has eased, the central bank signaled a cautious stance, leaving the door open for potential future rate hikes.

Why it matters

This decision directly influences global financial markets, particularly as crude oil prices rise above $90 and long-term U.S. bond yields reach a 19-year high.

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Sources

  • Xinhua
  • Capital Futures
02world

Russia claims capture of two settlements and expands ‘buffer zone’ as Ukraine targets Ryazan oil refinery

Russia claims its forces have captured two more settlements in eastern and northeastern Ukraine to expand a border security buffer zone. In response, Kyiv launched a major drone strike targeting one of Russia's largest oil refineries in Ryazan.

Why it matters

This escalation shows Russia's continued territorial push while Ukraine increasingly targets critical Russian energy infrastructure deep within its borders.

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Sources

  • Times of India
03world

Militant attack on Pakistan police checkpoint kills seven officers, triggers major security operation

An attack by militants on a police checkpoint in the Hangu district of Khyber Pakhtunkhwa, Pakistan, has left at least seven officers dead and 22 others injured. In response, Pakistani security forces killed eight of the attackers and launched a major clearance operation in the area.

Why it matters

The deadly assault highlights ongoing security challenges and persistent militant activity in Pakistan's Khyber Pakhtunkhwa province.

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Sources

  • Xinhua

“Why it matters” for the rest of today's stories is available in the Fivly app.

04businessCovered by 3 outlets

Meta hits record revenue but soaring AI investments pressure share price

Meta reported record quarterly revenue driven by strong advertising and social platform performance. However, its stock fell sharply in after-hours trading as investors focused on rising capital spending and the immense costs of AI infrastructure development.

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Sources

  • Capital Futures
  • Sina
  • Sina
05techCovered by 3 outlets

US Commerce Department backs GlobalFoundries with up to $300 million

The U.S. Commerce Department has signed a preliminary CHIPS Act agreement to provide GlobalFoundries with up to $300 million in research and development support. This funding will focus on silicon photonics and advanced packaging aimed at AI-related optical interconnects.

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Sources

  • note.com
  • YouTube
  • Note
06marketsCovered by 2 outlets

Market briefing flags oil, gold and U.S. rates as key drivers

A sharp Wall Street decline was driven by higher U.S. yields, softer crude oil, and firmer gold. The selloff was particularly intense among technology shares, fueled by investor concern over AI-related stocks ahead of major quarterly earnings reports.

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Sources

  • Business Standard
  • ABC News
07spaceCovered by 2 outlets

SpaceX conducts major Starlink deployment mission

SpaceX successfully completed two Falcon 9 launches, deploying dozens of Starlink payloads into orbit. One mission utilized a prolonged deployment sequence, while the other lifted off from Vandenberg Space Force Base to place its payload into a sun-synchronous orbit.

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Sources

  • Spaceflight Now
  • Spaceflight Now
08ai

Over 1,100 OpenAI, Anthropic, Google and Meta staff sign public letter urging U.S. to help slow frontier AI

More than 1,100 employees from prominent AI laboratories, including OpenAI, Anthropic, Google, and Meta, have signed a public letter. The group is urging the U.S. government to establish mechanisms to measure and potentially slow the development of frontier artificial intelligence due to safety concerns.

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Sources

  • Unrot
09business

Robinhood posts strong Q2 results with 32% revenue growth and 48% jump in net income

Robinhood reported strong second-quarter results, with net revenue rising 32% year-on-year to $1.31 billion, beating analyst estimates. The company's net income also surged 48% to $573 million, driven by growth in both trading and interest income.

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Sources

  • Odaily
10tech

OpenAI opens frontier models to 100,000 academic researchers

OpenAI is providing free access to its advanced frontier models to 100,000 academic researchers globally. This initiative is designed to accelerate scientific progress in complex fields such as genomics and materials science.

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Sources

  • YouTube