Former U.S. President Donald Trump has strongly criticized Elon Musk’s newly announced political party, calling the initiative “arrogant,” “foolish,” and “ridiculous.” Musk, the CEO of Tesla and SpaceX, recently declared the formation of a third political party named the “America Party.” Trump warned that a third party could disrupt the country’s two-party system, stating that Musk is now acting like a “runaway train.” Once considered close allies, tensions have grown as Musk becomes increasingly critical of Trump’s policies. Trump also voiced opposition to Musk’s proposal to mandate electric vehicles nationwide.

A commercial ship was attacked off the Yemeni coast in the Red Sea by eight small boats firing rocket-propelled grenades and gunfire. The ship’s security team returned fire, and no casualties have been reported. The assault occurred near the port of Hodeidah, and though no group has claimed responsibility, it’s believed to be part of ongoing Houthi maritime operations. Heightened security concerns have forced many vessels to reroute.

Flash floods in Texas have killed at least 78 people, with 41 still missing. Kerr County was the hardest hit, with 68 deaths—including 28 children. Among the missing are 10 teenage girls and a counselor from a riverside camp along the Guadalupe River. Despite ongoing search operations, adverse weather conditions are hampering rescue efforts. Governor Greg Abbott has pledged continued rescue operations until everyone is found.

Following Elon Musk’s announcement of forming a new political party, the “America Party,” U.S. Treasury Secretary Scott Besant advised Musk to step away from politics and focus on managing Tesla and SpaceX. Besant warned that Musk’s political ambitions may conflict with his corporate responsibilities and board expectations. In response to Musk’s political move, Azoria Partners has already suspended a joint investment project. Musk said the new party aims to challenge the entrenched two-party system.

Conservative activist Laura Loomer, known for her ties to former President Donald Trump, has predicted that Elon Musk’s newly launched “America Party” could soon be joined by media personality Tucker Carlson, Congresswoman Marjorie Taylor Greene, and Congressman Thomas Massie. Musk, who was a major political donor in the 2024 elections, launched the party with the goal of reducing government spending and challenging the dominance of the two-party system. “The America Party will restore true freedom in the country,” Musk reportedly said.

Microsoft has introduced an AI-powered diagnostic tool that mimics a virtual team of doctors, working collaboratively to identify complex diseases faster and more accurately. Called the "AI Diagnostic Orchestrator," it uses a debate-based approach among five AI agents and has proven to be nearly four times more effective than humans. It also reduces unnecessary tests, cutting medical costs significantly. Powered by top AI models including GPT-4Bo from OpenAI, the tool will soon be integrated into Microsoft Copilot and Bing Search.

Sudden flooding in Texas has claimed 43 lives, including at least 15 children. Over two dozen children from a summer camp and several locals remain missing as rescue operations intensify, especially in Kerr County, the hardest-hit area. Heavy rains caused the Guadalupe River to rise dramatically, leading to mass evacuations. Governor Greg Abbott declared an expanded disaster to boost rescue efforts. Over 1,000 rescuers use helicopters and drones in ongoing searches. The National Weather Service warns of more rain, though the emergency phase is easing.

Apple is reportedly developing an affordable MacBook powered by the A18 Pro chip from the iPhone 16 Pro series. This marks the first time an iPhone chip will be used in a MacBook. The 13-inch device could enter production by late 2025 or early 2026 and come in multiple colors. Aimed at students and budget users, the laptop may cost less than the MacBook Air. It’s expected to support Apple Intelligence, enhancing AI performance and shaping the future of Apple’s computing strategy.

In a bold political move, Elon Musk has announced the formation of a new political party called the “America Party,” amid growing tensions with Donald Trump. In a post on social media platform X (formerly Twitter) on Saturday, Musk said the new party aims to "restore the people's freedom." He criticized Trump’s budget bill as “disgraceful” and vowed to spend against Trump-backed members of Congress. The announcement has stirred intense debate across the U.S. political landscape, though analysts remain skeptical about the party’s chances of disrupting the entrenched two-party system.

The U.S. national debt has now exceeded $33 trillion, sparking global concern among economists and policymakers. Analysts warn that former President Donald Trump's “Big Beautiful Budget Bill,” which includes significant tax cuts, could increase the debt by an additional $3 trillion. Financial expert Ray Dalio cautioned that the U.S. is at a tipping point, with three alarming paths ahead: slashing public spending and increasing taxes, printing more dollars, or facing a catastrophic default. Although the situation is grave, experts believe the crisis might be delayed due to the lack of a viable alternative to the U.S. dollar in global finance.

At least 24 people have died in sudden floods caused by heavy rain in south-central Texas. Over 300 millimeters of rain led the Guadalupe River to overflow, triggering flash floods, especially in Kerr County near San Antonio. Authorities say 25 children remain missing from a summer camp of over 700 attendees, though they may still be alive but unreachable. The weather service warns of more rain and flood risks in the next 48 hours across western and central Texas regions.

President Donald Trump is set to restart negotiations with China over purchasing TikTok’s U.S. operations. He may speak directly with President Xi Jinping or his representatives early this week. Trump emphasized the deal is nearing finalization but still requires China’s approval. The September 17 deadline remains, following a series of executive orders banning the app over security concerns. Talks had previously stalled after Trump raised tariffs on Chinese goods. A successful deal could mark a major strategic win amid ongoing U.S.-China tensions.

President Donald Trump has signed letters to impose new tariffs on 12 countries, with details on affected goods and rates to be revealed on July 7. Trump hinted some tariffs could reach up to 70%, effective from August 1. Negotiations with countries like Japan and the EU failed, prompting this decisive move. The 90-day suspension period for higher tariffs ends July 9. These letters carry significant economic and diplomatic implications, with global responses now under watch.

Zohran Mamdani’s primary victory in the New York City mayoral race has sparked both celebration and outrage. As the first South Asian, Muslim, and Indian-origin candidate likely to become mayor, his stance on human rights and criticism of Prime Minister Modi has angered Hindu nationalist groups and some in the Indian diaspora. Accusations of anti-Hindu bias and links to “anti-India” organizations have emerged. Yet, Mamdani remains firm, symbolizing resistance against religious intolerance and rising global Islamophobia.

The U.S. Environmental Protection Agency has placed 139 employees on administrative leave after they publicly criticized the Trump administration’s environmental policies using official job titles. A letter titled “Declaration of Dissent,” signed by EPA staff and recently dismissed workers, accused the administration of weakening regulations and suppressing science to favor polluters. The EPA stated that using government titles in protest misled the public and violated agency policy. An investigation is underway, and the agency is also undergoing structural changes, including canceling research grants.