Asian markets mixed as Japan’s Nikkei fell 1.6%, Australia’s ASX edged up 0.2%, and South Korea’s Kospi, Hong Kong’s Hang Seng, and China’s Shanghai Composite all closed down 0.5%. AI demand fuels sector-wide growth, spotlighting global leaders, while the Bank of Japan eyes rate hikes mirroring the Fed. Wall Street retreated from records, with major indices down 0.5% and the Nasdaq 0.3%, pressured by surging oil prices. Brent and U.S. crude climbed, pushing Treasury yields higher — now near a year’s high — and spiking mortgage rates. Inflation cooled slightly in July, but economic uncertainty persists with looming rate hikes.

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A freak storm tore through Wagoner, leaving chaos in its wake as straight-line winds brought down trees and knocked out power for hundreds. One resident, Mr. Morris, narrowly escaped injury when a massive tree crashed through his bedroom—splitting his home in half and collapsing the ceiling onto his bed. With no one injured but his home rendered uninhabitable, he now faces displacement. Power crews scramble to restore service after ten poles were destroyed, while cooling stations opened to help those without electricity. Officials urged oxygen users to monitor supplies and call 911 if levels drop dangerously low. The storm’s reach extended beyond Wagoner, with Tahlequah reporting over 1,100 power outages—a brutal reminder of nature’s sudden, devastating force.

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In Skiatook, a proposed data center is sparking fierce debate as locals fear it will strain vital resources like energy and water—threatening generations-old ranching operations that rely on affordable utilities to feed and care for cattle. Community members are rallying at town meetings, demanding answers from officials as they navigate the tension between economic progress and preserving rural livelihoods. With no easy solutions, the town’s fate could become a blueprint for how other communities balance tech growth with tradition.

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