China’s economy grows at 4.3%, one of its lowest rates on record
Chip stocks advanced in pre-market trading after ASML Holding reported record orders in Q2 and raised its full-year sales guidance for the second time this year. Sandisk (SNDK) rising over +5% and Lam Research (LRCX) gaining more than +4%.
Fed Chairman Kevin Warsh's testimony to Senate banking committee hits on economy, interest rates
Fed Chairman Kevin Warsh's testimony to Senate banking committee hits on economy, interest rates. Warsh spoke Tuesday to the House Financial Services Committee. He reaffirmed the Fed's commitment to fighting inflation though he gave few specifics. The stream is slated to start at 10 a.m. ET.
President Trump approval rating: 44% with a 40% approval rating. President Trump approval Rating: 40% with an approval rating of 18%. President Trump's approval rating with a rating of 27% is the lowest of any sitting president since Ronald Reagan in 1980s. President Obama's approval rate is the highest of any living president since George W. Bush.
Industrial output by value rose 5.4% in the first half of the year from a year earlier. Investment in fixed assets, such as factory equipment, fell 5.7% year-on-year. Retail sales of consumer goods climbed a meager 1.3%.Overall economic growth for the firstHalf of the Year was at 4.7%.
What Trump’s New Iran Blockade Could Mean for Oil Prices
US Central Command said it hit "dozens" of Iranian military targets near the Strait of Hormuz, with the aim to "further degrade Iran's ability to threaten commercial shipping and civilian crews" Iran's Islamic Revolutionary Guard Corps said today it had struck U.S. military targets in the region, including in Bahrain, Kuwait and Jordan.
Celebrations as Gibraltar-Spain border fence removed
Gibraltar and Spain have been at odds over the issue of the British territory. The EU Entry-Exit System, or EES, was rolled out in April. It replaced passport stamps with biometric data collected through photographs and digital fingerprints. Gibraltar is deeply dependent on some 15,000 Spaniards who cross the border every day.
There were more than 1,100 cases of cyclosporiasis in the U.S. in 2025 and 1,645 cases have been confirmed across 34 states in 2026. Almost every state has reported at least one cyclospora case this year. There is currently no evidence of a single outbreak linking a single source.
First patients enrolled in record-breaking Ebola treatment trial in DRC
The EBO-PEP trial aims to assess the effectiveness of the antiviral obeldesivir in post-exposure prophylaxis for people who have been in contact with confirmed Bundibugyo cases. The pill is given after someone has been exposed to a virus but before they develop symptoms.
French MPs approve assisted dying law with strict rules after years of argument
MPs voted by 291 to 241 to back the bill, which had been rejected three times by the upper house of parliament, the Senate. After two days of reflection, the patient would have to administer a lethal substance themselves. The substance could be self-administered or, if the person is physically unable to do so, administered by a doctor or nurse.
Italy's Meloni suffers surprise setback in close vote on electoral reform
Italy's Meloni suffers surprise setback in close vote on electoral reform. Meloni has argued the reform would result in less shaky government coalitions and greater stability in Italy. MPs rejected a proposal spearheaded by her party, Brothers of Italy (FdI), by 188 votes to 187 - indicating that several of Meloni's MPs voted against the amendment.
Strait of Hormuz 'faultline' exposes weakness of the US-Iran deal
Strait of Hormuz has been a source of tension between the U.S. and Iran since the 1980s. The two countries signed a deal last month to open the strait to oil and gas trade. But the deal is now at risk of falling apart due to Iran's refusal to pay tolls on ships.
Elon Musk Funds Vivek Ramaswamy’s Bid for Ohio Governor Despite Their DOGE Clashes
Musk has poured at least $90 million into this election cycle, securing his spot as one of the country’s most dominant political donors. Some observers, in reports published by The New York Times, describe as his growing disillusionment with mainstream Republican politics over the last two years. According to a campaign finance filing made public on July 15, Musk donated $5 million in May to support Ramaswamy.
Trump's DNI pick Jay Clayton won't tell senators Biden won the 2020 election
Clayton said that while he understood her concerns, "I am comfortable with where we are, and I'm comfortable with how we are proceeding from here" Senator Jon Ossoff, D-Ga, the final committee member to ask Clayton questions, would not let the issue go. "Well, we're going to keep doing it because you're not being honest and forthright," he said.
Todd Blanche downplays Trump alliance in confirmation hearing
Erica Schwartz, President Donald Trump’s nominee to lead the US Centers for Disease Control and Prevention, expressed enthusiastic support for the “Make America Healthy Again” movement during a Senate confirmation hearing on Wednesday. Schwartz told senators on Wednesday that she would follow the science on vaccine recommendations from the agency's Advisory Committee on Immunization Practices. Schwartz was grilled about vaccines and tracking foodborne illnesses.
U.K. to Change Law to Allow Deportation of ‘Grooming Gang’ Leader
Home Secretary Shabana Mahmood set a law change in the UK Parliament. The law change will remove a legal hurdle blocking the removal of a convicted sex offender from the UK. The sex offender was convicted of sexually abusing young girls in the 1970s and 1980s. He was sentenced to life in prison, but was released after serving just 10 years.
Israel and Lebanon Meet to Advance Peace Talks, as Broader Truce Unravels
The deal was supposed to begin with two “pilot zones’ where the Israeli military is to turn over control to the Lebanese army. The Lebanese army had pushed for pilot zones that were larger and included more area occupied by Israeli forces. The parties “agreed on the structure and guidelines for the pilot zone process, to be finalized and implemented in the coming days”
Jeffries Says He Will Oppose Proposal to Cut Off U.S. Aid to Israel
Clayton: "I have every confidence that I will deliver on my job candidly, independently and with my best judgment" Ossoff: "Your answers lack credibility" "Yeah, I said ... I’m going to give you the same answer," Clayton responded. "I think, I think I've answered it many times," Clayton said.
Inside Israel’s Secret Operation to Install Ahmadinejad, Iran’s Former President, as Leader
Israel has been trying to recruit Mr. Ahmadinejad for years, officials say. The former Iranian president was known for accelerating Iran's nuclear program. He was also known for calling for the destruction of Israel and denying the Holocaust. It is unclear when Israeli operatives first tried to recruit him.
Here’s a look at the heavy strikes in recent days.
Despite a certain messiness, "The Odyssey" is spectacle filmmaking that cries out to be watched on massive IMAX screens. There are stretches of the film that lag and drag, lulling the viewer into a near-stupor. It's scenes like these that make the arresting imagery Nolan and cinematographer Hoyte van Hoytema conjure up.
The SpaceX IPO made history. One month on has it lost momentum?
History says a $10,000 investment in SpaceX will be worth $8,800 after 12 months. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia.
Iran’s Cyberattackers Tracked Phones of U.S. Military Personnel in the Mideast, Data Suggests
U.S. lawmakers and officials warn that these cyber vulnerabilities have left the military vulnerable to kinetic attacks. The implications of this cyber campaign extend far beyond the recent conflict, highlighting a systemic risk to national security. US military personnel and contractors operating in the Middle East were the targets of a sophisticated, coordinated phone-tracking campaign.
In a First, U.S. Forces Used Naval Drones in Combat Operations
At least seven Iranian military personnel killed in overnight US strikes, Iran's army says. Strikes followed hours-long attacks overnight, which Tehran said killed at least seven military personnel in the southeast of Iran. Seven members of Iran’s military personnel were killed during the attack, while a number of others were injured.
Trump Says Negotiations With Iran Will Continue as U.S. Ramps Up Strikes
Lebanon and Israel conclude two days of "positive" talks: U.S. official. Deal seeks an end to the war in Lebanon, disarmament of Hezbollah, deployment of Lebanese troops in south. Israeli forces to steadily withdraw from the country, starting with two "pilot zones"
Trump withdraws Hormuz tolls threat but says US will continue to blockade Iran
Lebanon and Israel agree to implement the "pilot zones" in southern Lebanon, U.S. official says. The deal seeks an end to the war in Lebanon, disarmament of Hezbollah, deployment of Lebanese troops in the south. Lebanon and Israel, who have no formal relations, started negotiations after Hezbollah attacked Israel in March.
Special police team to investigate killing of an anti-migrant leader in South Africa
March and March has been organising anti-migrant demonstrations across the country. March and March spokesperson Sandile Dube says the group has received death threats. Dube: "This seems like an orchestrated hitman type of killing" The organisation has promised to stage weekly marches until their demands are met.
China detains US scientist who studied North Korea nuclear tests
Chen is currently the only US citizen designated as "wrongfully detained" President Donald Trump raised Chen's detention and asked for his freedom during a meeting with Chinese leader Xi Jinping in May. China's Foreign Ministry on Tuesday denied that Chen was "wrongly detained" and said judicial authorities handle cases in accordance with the law.
Israel Strikes Police Post, Killing 7, Gaza Officials Say
No casualties were reported, but CENTCOM said the attacks were part of its orders to degrade Iranian capabilities. Washington reinstated its maritime blockade on Iranian ports despite dropping a controversial shipping fee proposal for vessels using the Strait of Hormuz. President Donald Trump vowed that American strikes on Iran would continue ‘until I say enough’
Tyrannosaurus rex most expensive dinosaur ever sold
A massive Tyrannosaurus rex sold for $50.1 million at Sotheby's in New York. It is the most expensive dinosaur fossil sold at auction. This week, a Tyrannosaurus. rex skeleton nicknamed “Gus’ became the mostexpensive dinosaur fossil ever sold at. auction.
Wildfires Rage in Ontario as Smoke Affects Toronto’s Air Quality
The smoke is coming from wildfires burning primarily in Ontario. The combination of high pressure over the Central U.S. and low pressure over Eastern Canada will funnel the smoke over the Great Lakes into the Northeast. Air quality could become a more widespread concern as the wildfire smoke spreads through the rest of the week.
U.S. Strikes Hit Greater Tunb Island in Strait of Hormuz
The U.S. said it had struck "dozens" of Iranian military targets over seven hours around the Strait of Hormuz and the Iranian coastline. The strikes targeted coastal defense systems and cruise missile storage and launch sites on Iran's Greater Tunb Island during a wave of attacks that lasted 90 minutes.
Trump Pressures ICE to Resume Traffic Stops After They Were Halted Over Fatal Shootings
President Donald Trump has overturned the temporary pause on U.S. Immigration and Customs Enforcement traffic stops. Trump's administration ordered the pause on most ICE traffic stops on Tuesday. The move came after the fatal shootings of Lorenzo Salgado Araujo in Houston and Joan Sebastian Durán Guerrero in Biddeford, Maine.
The Big Questions About Jeffrey Epstein: What The Times Has Learned
Clayton's confirmation hearing for his nomination as director of national intelligence before the Senate Intelligence Committee has begun. Clayton is expected to get a friendly reception from lawmakers as both parties are eager for him to take over from the current acting intelligence chief, Bill Pulte. Clayton delivered his opening remarks during his confirmation hearing.
Goldman’s Former Top Lawyer Calls Epstein a ‘Masterful Liar’
Ruemmler said she was "shocked" by the allegations against Epstein. She and Connelly have pushed back on a number of specific points of interest in her relationship with Epstein. They say she didn't do anything to help Epstein after his arrest in 2019. They also say she never took any specific actions to help him.
Search continues for three people missing after Alcatraz boating disaster
Fire Lt. Mariano Elias said the vessel, described as a “pontoon pleasure boat,’ was about 600 yards from Alcatraz. Boat believed to have launched near the St. Francis Yacht Club in San Francisco. Boat was almost fully under water with the motor still running and leaking fuel.
Japan officials hunt bear that raided couple’s fridge amid string of break-ins
The lawsuit, filed Monday in federal court in the northern district of California, points to Meta’s workforce reduction of about 8,000 employees earlier this year. The workers allege that those AI tools targeted them after they asked for protected or maternity leave or disability accommodation. A Meta spokesperson disputed the allegations, saying in an email to the Guardian: “These claims lack merit”
Todd Blanche says he has 'full faith' in Kash Patel as FBI director
Blanche said he "absolutely" would. "Absolutely not," Blanche said. Blanche faces Senate scrutiny, with Republican support key to his confirmation as attorney general. "I appreciate them being here today," he said of GOP senators. "That would never happen, but yes: If it were to happen, I'm not going to violate my oath to the Constitution," he replied.
Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
"In the second quarter, Morgan Stanley again delivered top line and bottom line record results with revenues exceeding $21 billion and EPS of $3.46" "Across Wealth and Investment Management, total client assets stand at $10 trillion, fulfilling fulfilling expectations" "We are committed to providing our clients with the highest levels of customer service and support. We are proud to be a part of the Wall Street community."
U.S. launches fresh wave of strikes on Iran, as analysts warn conflict risks becoming 'forever war'
U.S. Central Command said the military had attacked coastal defense systems and cruise missile storage and launch sites on Iran's Greater Tunb Island. The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz. In response, Iran's Islamic Revolutionary Guard Corps said on Wednesday it had struck U.S.-backed targets in Bahrain, Kuwait and Jordan.
Star analyst Dan Ives forms Yorkville Ives merchant bank after leaving Wedbush
Yorkville Ives & Co. is a modern merchant bank combining proprietary equity research, strategic advisory, capital raising, and principal investment. The bank provides an integrated suite of services, including:Debt and equity capital raising across public and private markets. Independent equity research across technology, AI, industrials, energy, infrastructure, and other growth sectors. Strategic advisory for mergers and acquisitions, capital structure, and complex corporate transactions.Institutional trading and execution services.
Ann Widdecombe Was Killed in ‘Targeted Attack,’ UK Police Say
UK politician Widdecombe killed in ‘targeted attack,’ police say. Reform sources questioned whether the suspect might have been motivated by her politics. Counter-terrorism police are investigating her murder as a suspected act of terrorism. The motivation is still under investigation, police said Tuesday.
The boost to the market from the US CPI inflation is not likely to last long, reckons market analyst Ipek Ozkardeskaya. China's weaker growth figures point to softer global demand, while rising oil prices are putting inflation back on investors' radar. "Until recently, markets were becoming more comfortable with the idea that inflation was steadily moving lower," she says.
Trump Reimposes Naval Blockade, as U.S. and Iran Escalate Strikes
US-Iran conflict enters another volatile phase as President Donald Trump vows that American strikes on Iran will continue ‘until I say enough’ Washington reinstated its maritime blockade on Iranian ports despite dropping a controversial shipping fee proposal for vessels using the Strait of Hormuz. Iranians countered by stepping up attacks on US allies and commercial shipping.
Trump’s Threat to Impose Fees in the Strait of Hormuz Contradicts His Aides
US Central Command said on Monday night it struck multiple military targets across Iran over the course of five hours. Centcom said later on Tuesday it had launched "an additional round of strikes against Iran to continue degrading Iranian capabilities used to attack commercial shipping in the Strait of Hormuz" A US official said American forces had conducted "a few additional strikes to eliminate emerging threats"
Here’s where the U.S. and Iran are targeting each other in their latest attacks.
Price of oil remains over $85 a barrel as war intensifies. Price for a barrel of Brent crude briefly topped $86 in the morning before falling back to $84.93 per barrel, up 0.2% from the day before. U.S. benchmark Texas Intermediate was selling for just under $80, still significantly higher than pre-war levels.