Oil Prices Set for More Volatility After Latest Iranian Attack in Strait of Hormuz
Technology was the worst performer as Xero dropped 4.3 per cent to $70.24 after chief executive Sukhinder Singh Cassidy offloaded $2.2 million worth of shares last week to manage personal tax obligations. Energy stocks were among the strongest on the ASX as Ampol rose 4.2 per cent.
Trump proposes 20% toll on cargo through Strait of Hormuz; restarts Iran blockade
Trump says U.S. to "keep" Strait of Hormuz, impose 20% fee on cargo. Trump says US will blockade Iran in the Strait ofHormuz and charge ships for safe passage. President Trump told Fox News on Monday: "We'll probably run it"
A July rate hike from the Fed? The odds are rising
There's now a 46.5% chance that the Federal Reserve will hike interest rates on July 29. Money markets priced in about 50% odds of a hike. The Federal Reserve is expected to maintain the status quo at its July meeting. The S&P 500 index is up 2.7% this year.
“We want to build something back that is in line with the fabric of downtown, that feels like it belongs there,” said Brent McLane, Pocatello’s Planning and Development director. McLane added that a developer who takes on the project is, “going to be someone who has the financial resources to make it happen”
I don't always have time to plan separate lunches and dinners, so I look for things that work for both. I keep a small stash of freezer meals specifically for the weeks where everything goes sideways. Tuscan chicken and cauliflower rice for a batch-cook Sunday is one of my most-used weeknight anchors.
Jay-Z Yankee Stadium Review: Three Nights of Legacy and Guest Stars
The weekend served as a reminder of JAŸ-Z’s influence on music, New York City and Hip-Hop culture itself. Along the way, fans watched rap royalty reunite, family moments unfold and some of music's biggest names remind everyone why a JAži-Z concert isn't just another show — it's an event.
U.S. Citizen Tests Positive for Ebola in Democratic Republic of Congo
A U.S. citizen infected with the Ebola virus in the Democratic Republic of Congo was admitted to Frankfurt University Hospital. The patient arrived at the hospital's special isolation unit at around 3 a.m. local time (0100 GMT) The Centers for Disease Control and Prevention announced over the weekend that the unnamed patient works for a humanitarian organization.
How Lindsey Graham’s Journey From Trump Critic to Ally Made Him a Power Player
In the weeks before the war, Graham argued that Iran posed an imminent threat to the U.S. He said many of America’s allies were making the same mistake Trump had once made: underestimating the danger. Graham then used those same arguments in conversations with Trump to convince the president that military action was necessary.
Trump Backs Lindsey Graham’s Sister to Finish His Senate Term in South Carolina
South Carolina Gov. Henry McMaster will first appoint a temporary replacement to serve out the rest of Graham's term, which ends Jan. 3, 2027. President Trump recommended South Carolina's governor appoint the late Sen. Lindsey Graham's sister, Darline Graham Nordone, to serve as interim replacement.
After Being Delayed by Trump, a Canada-U.S. Bridge Is Set to Open
The $4.7 billion Gordie Howe International Bridge will officially open July 27. The six-lane bridge linking Detroit and Windsor, Ontario, is expected to strengthen North American supply chains. The Detroit Ambassador Bridge alone handled approximately $12.36 billion in trade during the month, making it the country's busiest U.S.-Canada trade gateway.
Russia and Iran are steadily developing cooperation, including in the energy sector, despite all the circumstances that have occurred in recent months. Russia and Iran discussed the implementation of joint projects in the gas industry as well as advancement in preparing bilateral cooperation agreements. Earlier Russian Deputy Prime Minister Alexander Novak reported that Moscow and Tehran, with the participation of Qatar and Turkmenistan, are discussing creation of an energy hub.
UK bans support for Iran’s Islamic Revolutionary Guard Corps
"Iran and Russia are using proxies and thugs to do their dirty work on our shores," says Home Secretary Shabana Mahmood. New powers will be given to police and intelligence agencies to tackle espionage, foreign interference, sabotage and physical attacks. Iran, which is at war with the United States and Israel, has previously denied using proxies.
Trump administration urges banks to scrutinize lending to immigrants without work authorization
Regulators advise banks to weigh immigration-related credit risks. They warn that "changes in immigration enforcement" could affect banks with concentrated exposure to undocumented borrowers. The guidance is the latest in the administration's broader push to align banking supervision with its deportation agenda and a May executive order on immigration.
Senate returns to Washington after Sen. Lindsey Graham’s death. Graham was a key ally with President Donald Trump. The continued absence of Sen. Mitch McConnell, R-Ky., is a concern for many. The Senate is expected to be back in action on Monday, but with an uncertain agenda.
Henry McMaster is set to appoint the late Sen. Lindsey Graham's sister Darline Graham Nordone to finish his Senate term, sources familiar with the decision tell CBS News. Graham was also running for reelection this fall, and a special Republican primary election will be held on Aug. 11 to determine who will replace him on the ballot. It's unlikely that any House member would be appointed to finish Graham’s current term.
How Trump Failed to Secure the Strait of Hormuz in His Iran Deal
Iran's "Strait Authority" declares Strait of Hormuz closed again. U.S. military says its latest wave of strikes targeting Iran is over. President Trump says US will blockade Iran in the Strait and charge ships for safe passage. "Due to recent hostile actions by the US forces," Iran's Persian Gulf Strait Authority declared in a social media post.
Lindsey Graham Championed Israel, Even as Wars Eroded American Support
"He was so concerned with our security, which he believed was your security, that he actually fought the prime minister of Israel on keeping America's aid-or actually increasing it" "He said he was going to be with Israel until his dying day, and he certainly was one of the most passionate supporters of theMost violent atrocities unleashed by the Israeli government on the people of Palestine"
Inside Israel’s Secret Operation to Cultivate Ahmadinejad
Mossad believed Ahmadinejad's opposition to the ayatollahs made him a potential partner in an effort to install a government that would abandon Tehran's nuclear ambitions and normalize relations with Israel. The New York Times said Mossad operatives allegedly extracted the former Iranian president from his Tehran compound after an Israeli airstrike.
Trump Sought an Iran War Exit. Putin Pushed On in Ukraine. Now Both Are Stuck.
The U.S. will charge its own tolls on traffic through the strait, thereby seemingly abandoning the United States’ age-old commitment to freedom of navigation through international waterways. This deal was widely criticized as an act of appeasement on Trump’s part after failing to reopen the waterway by military force.
It Takes Coordination (and Many Arms) to Unfurl a World Cup Flag
England takes on Norway in the World Cup quarterfinals on Saturday. Erling Haaland has scored seven goals in this year's tournament. England's Nico O'Reilly has seen it happen time and again. The match-leader for England is 6-foot-5 and has scored in bunches this tournament.
Here’s a look at the heavy strikes in recent days.
Tech Stocks Slide as SK Hynix Set for First Full Week of U.S. Trading. Apple has sued OpenAI for allegedly stealing trade secrets as the ChatGPT maker looks to launch its own hardware business. New fighting in the Middle East is sending oil prices higher. The earnings calendar this week includes reports from big banks, Netflix and UnitedHealth Group.
The SpaceX IPO made history. One month on has it lost momentum?
SpaceX shares are down to $145, down from $200 on the first day of trading. The company is expected to make more than $1bn in its first year of operation. It has been criticised for its lack of transparency about how it makes money. The firm has also been accused of over-spending on equipment.
TSMC, the world's largest contract chipmaker, reports 68% surge in June revenue
Taiwan Semiconductor Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple. For June alone, TSMC reported that revenue rose 67.9% year-on-year to T$442.68 billion.TSMC is expected to report a 58.8% on-year rise in second-quarter net profit.
The poultry industry is planning a major expansion of factory farms across England. It comes in response to a 4.5 per cent increase in demand for chicken, according to industry experts. Many of the new poultry farms will still be large “megafarms” with the capacity to hold over 200,000 chickens.
A versatile actor whose roles went far beyond Jurassic Park - Sam Neill dies aged 78
British actor Richard E Grant is best known for playing the lead role in the blockbuster film "Dr. Grant" He has also played a number of smaller roles in film, television and theater. He has been described as "an officer and a gentleman in the truest sense" by his co-stars.
A Wildfire Killed 12 People in Southern Spain. Here’s the Latest.
The woman, 93, was among eight people admitted to hospital as fire burned 7,000 hectares in Los Gallardos, Almeria, last Thursday. The man and woman, who have not been named, were located in a ravine in the hills. They are thought to have suffered 40 per cent burns, according to Spain's national broadcaster RTVE.
UK-Switzerland deal to scrap roaming charges and allow Britons to use e-gates
The council should provide a full accounting of what it has spent on failed bond campaigns. The public deserves to know how much has been spent on consultants, legal work, and other expenses. The council should also provide an accounting of how much it has already spent on the failed bond programs. The city should not be forced to spend more money on failed projects.
Paramount, WBD hit with lawsuit from 12 states, including California, to block merger
The lawsuit was filed in the U.S. District Court for the Northern District of California. It alleges the merger would violate the Clayton Act by reducing competition in theatrical film distribution and the distribution of TV shows. The suit also claims the deal would have broader implications for journalism and the media industry.
Judge says Trump sued IRS for 'improper purpose'; refers his lawyer to bar
Acting Attorney General Todd Blanche said in June that the $1.776 billion Anti-Weaponization Fund was no longer moving forward. Blanche is set to appear before a Senate Judiciary Committee hearing on Wednesday. The judge's ruling amounts to a scathing rebuke of the Trump administration and resurfaces a politically damaging storyline.
Authorities Investigate Fatal Shooting in Biddeford, Maine, Involving Federal Agents
Maine Gov. Paul LePage says federal immigration authorities were involved in a fatal shooting in Biddeford, Maine. Rep. Chellie Pingree, D-Maine, said she is “aware of reports that someone was fatally shot in Bideford this morning, and ICE may be involved”
UK Counterterrorism Police Take Over Investigation Into Ann Widdecombe’s Death
Ann Widdecombe murder probe is now being led by Counter Terrorism Policing South East. Police say a suspect has been re-arrested after 'new information and evidence has come to light' If anyone has any information, please share it with the police, police say.
Sheikh Hamad bin Khalifa, Ruler Who Transformed Qatar, Dies at 74
Qatar's former ruler sheikh Hamad bin Khalifa Al Thani, who died on Sunday aged 74, transformed his small Gulf emirate into a global actor in diplomacy, energy and media. Sheikh Hamad had wide-ranging visions for Qatar’s role as a diplomatic broker.
Here’s where the U.S. and Iran are targeting each other in their latest attacks.
Iran's army said drone attacks were continuing on US bases in the region. The IRGC said it had launched attacks on Kuwait in the fourth phase of its retaliatory operations. Kuwait said Monday that its air defences were engaging “hostile aerial targets” in response to the attacks.
U.K. Police Make New Arrest in Killing of Ex-Lawmaker
There are currently 13 known applications in the UK for ‘intensive poultry units’ The units will have the capacity to hold over 200,000 chickens. It comes after a 4.5 per cent increase in demand for chicken in recent years. The new units are expected to be completed by the end of the year.
U.S. Strikes Iran After Iran Fires on Ship in Strait of Hormuz
Missile alert sirens sounded three times Monday in Bahrain, home to the U.S. Navy’s 5th Fleet. Kuwait said it was intercepting hostile fire. Over the weekend, Iran announced that the strait was closed, while the US insisted it was not controlled by Iran.
Iran Truce ‘Over,’ Trump Says, as He Threatens More Strikes
Iran's "Strait Authority" declares Strait of Hormuz closed again. U.S. Central Command says the waterway is open to all vessels. Iran says passage through it is "currently not possible" due to "hostile actions by the US forces" It adds that Iran "does not control" the vital waterway.
At Iran’s Funeral for Ayatollah Khamenei, Mourners Bid an Emotional Farewell
People in Iran and several other countries continue to hold solemn mourning ceremonies for the martyred Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei. The late Leader was ultimately laid to rest in a highly emotional burial ceremony at the holy Imam Reza Shrine on Thursday, an event that drew dignitaries from across the region.