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The FIFA World Cup 2026 knockout stage is heating up with major teams advancing. The USA defeated Bosnia-Herzegovina to secure their spot, though star player Folarin Balogun received a controversial red card. England also moved to the Round of 16 after Harry Kane's late goals sealed a victory against DR Congo.

The Trump administration has announced its refusal to renew the US-Mexico-Canada Agreement (USMCA), sparking trade policy concerns. This comes amidst recent Supreme Court decisions, including one that reportedly gives wealthy donors more sway in politics. Progressive candidates also continue to make gains in primary elections across the country.

The tech industry is abuzz with developments in AI, as the White House reportedly urges OpenAI to limit the launch of its next model, while Meta's stock soars with its new AI cloud business. Meanwhile, Sony has announced plans to cease production of disc-based PlayStation games by 2028, signaling a major shift towards digital-only gaming. The demand for AI data centers is also contributing to a memory chip shortage.

Venezuela is grappling with the aftermath of recent earthquakes, with aid workers warning of widespread infectious diseases and overwhelmed hospitals as rescue efforts continue. Simultaneously, hospitals across Europe are preparing for another intense heatwave, drawing lessons from previous extreme weather events. These crises underscore ongoing global humanitarian and environmental challenges.

Alibaba has agreed to pay a $600 million settlement after failing to prevent illegal pharmaceutical sales to US buyers, highlighting regulatory scrutiny on major corporations. The global economy is also navigating a record decline in home asking prices in some regions and ongoing trade tensions following the Trump administration's decision on USMCA. Meanwhile, the private sector added fewer jobs than expected in June.