American swimmer Katie Ledecky won her signature event, the 1,500-meter freestyle, by 10 seconds, earning her eighth gold medal and setting a new Olympic record for the event. Meanwhile, the U.S. women’s national soccer team advanced past the group stage after beating Australia. Source
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Fed maintains benchmark interest rate despite inflation cooling
The Federal Reserve on Wednesday maintained its benchmark interest rate even as inflation has cooled. CBS News business analyst Jill Schlesinger explains when to expect the Fed to cut rates. Source
Senate to vote on major tax bill to expand Child Tax Credit, business breaks
The legislation would bolster the Child Tax Credit, aiming to provide relief to lower-income families. Source
U.S.-Russia prisoner swap to free Americans Evan Gershkovich, Paul Whelan
The Biden administration has agreed to a prisoner swap with Russia to secure the release of U.S. citizens Evan Gershkovich, Paul Whelan and Alsu Kurmasheva. Source
Israel has not claimed responsibility for death of Hamas leader as Iran vows revenge
Fears of a wider war grow as U.S. Secretary of State Antony Blinken calls for restraint by all parties in the Middle East after the assassination of Hamas’ top political leader. Iran blames Israel, who has not taken responsibility for the strike. Source
Miniscule drones mimicking insects being tried for dangerous human tasks
Patterns like those of birds and bees are influencing Dutch scientists’ research on “self-flying” swarms of tiny drones. Source
Unlawful border crossings reach lowest level since September 2020
U.S. Border Patrol agents made fewer than 60,000 migrant apprehensions along the U.S.-Mexico border in July, the lowest number since September 2020. Source
Bodies of mountaineers found dangling from climbing ropes near peak
Their bodies were dangling from their climbing ropes when they were found at an altitude of around 2,000 meters the rescue group said. Source
53 intercepted drones among Olympics security challenges so far
Securing the Paris Olympics has involved a veritable army of police and military forces. They’ve had their hands full but, so far, mostly thwarting minor threats. Source
“Uncommitted” Democratic delegates push for speakers at convention
Delegates affiliated with the “uncommitted” movement have requested that a doctor who has been on the ground in Gaza be given a speaking slot at Chicago’s Democratic convention in August. Source