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forexlive.comFederal Reserve Governor Christopher Waller said Monday that a hot core inflation reading this week would require the FOMC to consider raising rates soon. He noted that several months of cooler data would be needed to confirm inflation is heading toward the 2 percent target.
cnbc.comThe 84-year-old Kentucky Republican disclosed that a fall on June 14 led to his hospitalization and brief loss of consciousness. He is now in a rehabilitation center after tests ruled out major injuries.
cnbc.comChristopher Waller on Monday said inflation has spread beyond tariffs and energy costs, citing artificial intelligence demand as a persistent driver. He warned against repeating either the 2021 delay or an overreaction to past errors.
middleeasteye.netHome Secretary Shabana Mahmood on 13 July 2026 announced the proscription of Iran's Islamic Revolutionary Guard Corps along with two other groups. Support for the organizations will become a criminal offense carrying up to 14 years in prison. The measures also expand police and i…
globalnews.caFifty-four financial and technology firms have joined a UK government taskforce to develop live tokenization use cases, beginning with tokenized repurchase agreements. The group includes BlackRock, JPMorgan, Goldman Sachs, Coinbase, Ripple, and Circle.
middleeasteye.netBahrain’s military reported intercepting several Iranian aerial attacks on Monday morning. Iranian state media said Revolutionary Guard forces fired warning shots at two ships in the Strait of Hormuz.
benzinga.comBrent crude gained 4.7 percent to $79.59 a barrel and U.S. crude futures rose 3.4 percent. U.S. Central Command said the Strait of Hormuz remains open to lawful traffic.
FortuneU.S. forces conducted a third round of strikes on Iranian military sites over the weekend, hitting 140 targets including facilities in Kerman and Kohgiluyeh Boyer-Ahmad provinces. Iran responded with attacks on regional countries hosting U.S. forces, prompting condemnations from…
loudwire.comTwenty-three crew members from the GFS Galaxy were rescued nine nautical miles east of Oman on July 12, 2026. One remains missing while India coordinates the search and condemns attacks on shipping in the Strait of Hormuz.
asiaone.comIran struck tankers this week after the U.S. lifted its naval blockade and eased oil sanctions under a memorandum of understanding. Washington reinstated sanctions and threatened to restore the blockade, while Tehran called the move a breach of the agreement.
jns.orgPresident Trump threatened new strikes on Iran hours after declaring the U.S.-Iran ceasefire over. U.S. forces hit more than 80 targets, Iran responded with attacks on U.S. sites in Bahrain and Kuwait, and oil prices rose above $76 a barrel.
Federal immigration agents fatally shot a 52-year-old man during a traffic stop in Texas on Tuesday. The man was not a target of the enforcement operation, and the three passengers in his van remain in custody.
uctoday.comQatar's Ministry of Transport directed every type of vessel to stop operations until further notice. The order follows attacks on shipping in the Strait of Hormuz and recent U.S. strikes on Iranian targets.
abcnews.go.comPresident Trump told Ukrainian President Volodymyr Zelenskyy this week that the United States will grant a license for Ukraine to manufacture Patriot missile interceptors. A House Foreign Affairs Committee member said U.S. defense contractors have an interest in complying with th…
ndtv.comThe International Energy Agency forecasts a drop of about 1 million barrels per day amid higher prices and supply disruptions from the U.S.-Iran war. May demand fell 5.3 million barrels per day from a year earlier, led by a sharp contraction in China.
The IndependentSouth Africa asked the United States to exempt it from proposed tariffs during a Section 301 investigation into enforcement of bans on imports made with forced labor. A delegation appeared before the Office of the U.S. Trade Representative this week and requested relief for key e…
U.S. officials called for Iran to issue a statement confirming all routes through the Strait of Hormuz remain open and that targeting of ships will not resume.
abcnews.go.comCivil rights attorney Ben Crump said Friday that director Tyler Perry will help pay for the funeral of 18-year-old Nolan Wells. Former quarterback Colin Kaepernick will fund an independent autopsy. Wells' body was found off Horn Island on July 6 after he went missing on July 4.
Satellite photos show two U.S. aircraft carriers positioned close to Iran's shoreline. The images were circulated on social media but have not been confirmed by either government.
The IndependentBritain is set to forgo about £600 million in yearly tax receipts after the United States received an exemption from a 15 percent global minimum tax agreed by nearly 150 countries. HMRC officials disclosed the figure during a Public Accounts Committee hearing examining multinatio…
upi.comDomestic corporate goods prices in Japan increased 7.1% from a year earlier and 0.3% from the prior month. Both readings exceeded forecasts compiled by the Bank of Japan.
crowdfundinsider.comThe Federal Reserve's latest Report on the Economic Well-Being of U.S. Households shows 49 percent of adults ages 18 to 29 live with parents. Another 47 percent in the same group received outside financial help for expenses. The figures exceed last year's levels and extend to adu…
Iran's Revolutionary Guards Navy issued a statement warning that U.S. efforts to alter traffic routes in the Strait of Hormuz will trigger a strong Iranian response. The statement asserts that foreign nations hold no stake in determining passage through the waterway.
gamereactor.euIran's foreign ministry stated that Tehran will not allow U.S. deal breaches, bullying, or baseness to impact its national interests. The statement was issued in response to recent U.S. actions.
uctoday.comQatar's Foreign Ministry condemned Iranian attacks on Qatari territory and several other Arab nations. Jordanian officials issued a separate statement denouncing the strikes on multiple Gulf states.
asiaone.comOman has proposed managing traffic through a southern corridor under Omani control and a northern corridor requiring Iranian approval. The plan has not been finalized.
investopedia.comBerkshire Hathaway's B shares are down 1.8 percent year-to-date while the S&P 500 has gained 10.7 percent. The gap narrowed after a stronger June for Berkshire but widened again in early July.
wwd.comPresident Trump on July 9 said the U.S. ceasefire with Iran had ended and ordered fresh strikes following attacks on ships in the Strait of Hormuz. Oil prices rose sharply the prior day after Washington revoked a sanctions waiver for Iranian oil.
theiranproject.comA Qatari delegation arrived in Iran to reinforce Doha's position as a regional mediator. The visit follows diplomatic activity earlier this week.
abcnews.go.comTop Democrats on five Senate committees issued a statement criticizing President Donald Trump over his cryptocurrency profits. The statement was shared first with Semafor as lawmakers prepare to advance a digital assets bill. Multiple issues in the legislation remain unresolved.
uctoday.comMacKenzie Scott gave $20 million to Active Minds, the largest donation in the organization's history. The unrestricted gift will fund efforts to expand youth mental health programs.
israelnationalnews.comUS officials said the framework has entered its implementation phase. The first pilot zone will launch within days, allowing the Lebanese army to assume control of territory now held by Israeli forces.
NATO leaders at their July 8, 2026 summit in Ankara pledged at least €70 billion in military support for Ukraine in 2026. The United States granted Kyiv a license to manufacture Patriot missiles domestically.
theconversation.comSales of previously owned homes fell to a 4.09 million annualized rate. Inventory tightened slightly and the median price hit an all-time high.