Brent crude has fallen to levels last seen before the Iran war as shipping through the Strait of Hormuz gradually resumes. The rebound in traffic follows a U.S.-Iran memorandum setting up 60 days of negotiations, though disputes over fees and vessel authorization remain.
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Chemours will pay and spend at least $450 million to resolve federal and state claims that its plants illegally discharged PFAS chemicals for more than a decade. The settlement is the first federal enforcement deal with a PFAS manufacturer, though North Carolina’s attorney general criticized it as inadequate.
Congress approved the 21st Century ROAD to Housing Act with large bipartisan majorities, sending it to President Trump for a Capitol signing. The bill aims to increase housing supply, streamline reviews, expand financing and limit some institutional purchases of single-family homes.
Camp Mystic has filed for Chapter 11 bankruptcy after a July 2025 flood killed 25 campers, two teenage counselors and director Dick Eastland. The filing follows investigations, lawsuits and criticism over the camp’s emergency planning and evacuation response.
Technology shares fell sharply worldwide as investors questioned whether massive AI spending can support lofty valuations. Chipmakers, Alphabet and newly public SpaceX were among the names hit as the sell-off spread to Asian markets.
The House approved the 21st Century ROAD to Housing Act in a 358-32 vote, sending the bipartisan housing affordability package to President Trump. The bill seeks to boost home construction, streamline rules and restrict large institutional investors from buying more single-family homes.
A decade after the Brexit referendum, YouGov polling shows 57% of Britons now say leaving the EU was wrong, while 30% still defend the decision. The anniversary comes amid debate over Brexit’s economic costs, migration politics and the prospect of rejoining the bloc.
Technology shares fell sharply around the world Tuesday as investors questioned whether AI spending will produce profits that justify lofty valuations. SpaceX, chipmakers and memory stocks led the declines, while inflation and interest-rate concerns added pressure.