UPDATE 1-Saudi Aramco Q2 profit soars on higher prices, demand recovery

Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand. Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets. Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.

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U.S. women's indoor volleyball team wins first-ever Olympic gold medal

The U.S. women’s indoor volleyball team beat Brazil to win the Tokyo Olympic Games gold medal on Sunday. Get market news worthy of your time with Axios Markets. Subscribe for free.Why it matters: The win is the team’s first ever Olympic gold medal and pulls the U.S. one gold medal ahead of China, with hours to go until the closing ceremony.Like this article? Get more from Axios and subscribe to Axios Markets for free.

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Olympics-Boxing-Harrington, Cruz win lightweight golds on final day in Tokyo

Ireland’s Kellie Harrington won an enthralling battle against Brazil’s Beatriz Ferreira and Cuba’s Andy Cruz scored a split decision win over Keyshawn Davis in their lightweight gold medal bouts on the final day of boxing at the Tokyo Games. Harrington narrowly lost the first round before finding her range and rhythm, using her superior height and reach to circle on the outside and score while staying out of range of her hard-hitting opponent. The 31-year-old showed her experience late on, coming inside to land to the body before clinching to tie up Ferreira and prevent her from striking back as she became the first Irish woman to win gold since Katie Taylor in 2012.

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Senate slog to pass infrastructure bill goes on over weekend

Senators will resume a weekend session toward passage of a $1 trillion bipartisan infrastructure package after running into opposition from a few Republicans who want to drag out final votes on one of President Joe Biden’s top priorities. The measure would provide what Biden has called a “historic investment” in public works programs, from roads and bridges to broadband internet access, drinking water and more. In a rare stroke of bipartisanship, Republicans joined Democrats to advance the measure and more votes are expected Sunday.

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Darvish Ks 12, Machado helps Padres beat Diamondbacks 6-2

Manny Machado singled home the go-ahead run in a four-run eighth inning for the San Diego Padres, who beat the Arizona Diamondbacks 6-2 on Saturday night but failed to get Yu Darvish the win after he struck out 12. Darvish matched his season strikeout high and didn’t walk a batter in seven brilliant innings while holding Arizona to two runs and four hits. San Diego had two on with one out in the seventh before Tommy Pham grounded into a double play.

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Imagination runs wild in a strange place

Aug. 7—I do not believe in ghouls and ghosts, but I have always been intrigued by cemeteries, especially old cemeteries. Walking through a cemetery lets one’s imagination flow as you imagine the stories that those buried there could tell. As a teen, one of my best friends lived near a cemetery in Bisbee, Arizona. I frequently visited his home, and we would walk through the cemetery to get to …

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Loons keep successful run going with shutout victory over Houston

Minnesota United still has lost just once in its last 13 games after it defeated Houston 2-0 on Saturday night at Allianz Field. The Loons now are 7-1-5 in a stretch that goes back to mid-May. Their only loss in that time was a loss at Colorado. On Saturday, they won again after a draw at Los Angeles FC that felt like a victory because of Hassani Dotson’s late goal and after another that felt …

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