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Ukraine Claims Russian Summer Offensive Falls Short of Strategic Goals

A firefighter works at the site of an apartment building hit during a Russian drone and missile strike, amid Russia's attack on Ukraine, in Zaporizhzhia, Ukraine in this handout picture released August 30, 2025. Ukraine’s armed forces have declared that Russia’s much-publicized summer offensive failed to secure full control of any major Ukrainian city, despite Moscow’s claims of significant territorial gains. Russian Chief of General Staff Valery Gerasimov stated that since March, Russian forces had captured over 3,500 square kilometers of territory and taken control of 149 settlements. However, Ukraine’s General Staff dismissed these figures as “grossly exaggerated,” asserting that no major urban centers were fully occupied by Russian troops. Military analysts note that Russia’s campaign, aimed at seizing the Donbas region and forcing Ukraine into concessions, devolved into a slow, attritional struggle rather than the decisive breakthrough Moscow had anticipated. While Russian ...
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Wall Street Climbs as S&P 500 and Nasdaq Hit Fresh Records

U.S. stocks edged higher on Thursday, extending a bullish streak that pushed both the S&P 500 and Nasdaq Composite to new closing highs. The S&P 500 rose 0.3% to finish at 6,280.46, while the Nasdaq added 0.2%, marking its second consecutive all-time high.

The rally was fueled by strong corporate earnings and optimism around trade negotiations. Delta Air Lines surged 12% after posting upbeat quarterly results and restoring its earnings outlook, sparking a broader rally in airline stocks. United Airlines and American Airlines climbed 14.3% and 13.9%, respectively.

Tech enthusiasm remained strong, with Nvidia closing above a $4 trillion market cap, becoming the first public company to cross that threshold. Bitcoin also joined the rally, breaking past $113,000 amid renewed investor appetite for risk assets.

Despite fresh tariff threats from President Trump—including a proposed 50% levy on Brazilian imports—markets shrugged off geopolitical concerns. Investors instead focused on solid economic indicators, including a drop in jobless claims and steady consumer sentiment.

With momentum building across sectors, Wall Street appears poised to continue its upward trajectory, even as uncertainty around trade and interest rates lingers.



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