A frontpage overview of the news from The Wall Street Journal, USA Today, The New York Times, The Washington Post, and Los Angeles Times for July 31.
This edition of the Wall Street Journal from July 2026 reports on a slowing U.S. economy, which grew at a 1.5% rate as heavy AI-related imports offset consumer spending gains. Significant turmoil is noted in the financial sector, particularly with the downfall of Situational Awareness, an AI hedge fund forced to sell its assets to Citadel following massive losses. Global headlines highlight a potential peace accord in Gaza involving the disarmament of Hamas, alongside a controversial FIFA plan to privatize commercial rights that triggered a European boycott. Domestic politics are marked by President Trump’s refusal to negotiate over his Attorney General nominee, Todd Blanche, amidst a standoff with Senate Republicans. Additionally, the paper covers corporate developments including Apple and Amazon’s revenue growth and Tesla’s structural shifts regarding its Chinese operations.