“I see a forecast in which underlying inflation would continue to move toward 2%, leaving me cautious about rate cuts now,’’ Waller said. He added that monetary policymakers would be open to cutting interest rates again later this year if peace in the Middle East was reached in a timely manner.
P&G is one of the most reliable dividend stocks for value investors to buy and hold. P&G's dividend expense is still at a healthy level. Magnolia’s Bob Odenkirk action movie, Normal, is coming at $2.6M for the 3-day per estimates.
US extends sanctions waiver on purchases of Russian oil and petroleum products. The market implies a 25% expected move as traders anticipate reduced oil supply. Trump has decided to extend the sanctions exemption on certain Russian oil shipments, but only for those already at sea. Expect increased volatility in crude markets as traders adjust positions.
Iranian gunboats fired on a tanker traveling through the Strait of Hormuz on Saturday. The incident was reported by the UK Maritime Traffic Organization (UKMTO) The incident came shortly after the UKMTO reported that Iranian Revolutionary Guards gunboats had fired on two tankers in the area. The U.S. State Department has not commented on the reports.
Iran’s Supreme National Security Council issued a statement calling the blockade a violation of the ceasefire. “Americans are risking the international community, risking the global economy through these, I can say, miscalculations,” Iranian Deputy Foreign Minister Saeed Khatibzadeh said.
The Strait of Hormuz is a main thoroughfare for oil to reach customers worldwide from the Persian Gulf. President Donald Trump has set several deadlines for Iran to open the Strait, and has threatened big repercussions if Iran doesn't, only to delay them. "This is the biggest development so far during the [U.S.-Iran] cease-fire, and it gives hope that the war will end soon, and supply chains will return to some normalitit," a source said.
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White House and Anthropic hold 'productive' meeting amid fears over Mythos model. CEO Dario Amodei spoke to Treasury Secretary Scott Bessent and White House Chief of Staff Susie Wiles on Friday. Until Friday, the White House had said little positive about Anthropic.
The U.S. and Soviet Union emerged from the conflict with enormous power and influence. As tensions increased between the Western allies and the USSR, Germany became one of the Cold War’s ideological battlegrounds. American officials grew increasingly concerned about Moscow's intentions as the war ended and Soviet influence spread across Eastern Europe.
Strait of Hormuz is a critical route through which roughly one-fifth of the world’s oil and gas supply flows. U.S. set up its own blockade of ships coming to and from Iran in the Gulf of Oman, east of the strait, beginning April 13.
Closing the Strait of Hormuz was a response to "America's untrustworthiness," the head of Iran's National Security Commission said. Iran warned it would continue to block transits while the U.S. blockade remained in effect. “This strategic waterway is now under strict management and control of the armed forces,” a spokesperson said.
Starmer’s political judgment was questioned after emails in the Epstein files suggested that when Mandelson was a member of the Labour government. Starmer is trying to fend off questions about what he did or didn’t know about the vetting process. He is also facing questions over whether he had effectively given direction.
After a 2024 ceasefire with Israel, Hezbollah largely avoided retaliating. The 2024 truce with Israel mandated that Lebanon take steps to disarm Hezbollah. But Hezbollah’s response to those moves underscored the limits of Beirut's authority. The U.S. has long designated the group a terrorist organization.
Iran said it has reimposed “strict control” over the Strait of Hormuz. Gunboats linked to the country’s Islamic Revolutionary Guard Corps (IRGC) fired on at least three commercial vessels on Saturday. US Central Command (CENTCOM) said Saturday that American forces were still enforcing the naval blockade.
Trump says he has ‘to do what’s right’ as he pushes back against Pope Leo XIV on Iran war. “The pope has to understand that this is the real world,” Trump said. ‘His brother is MAGA all the way,’ he added.
Residents in southern Lebanon have also reported continued shelling. The Israeli military said it had carried out “precise strikes” against Hezbollah positions. The conflicting claims underscored the uncertainty surrounding the 10-day truce. The truce is seen as critical to preventing the wider Iran-Israel conflict from escalating further.
ABC News faces backlash for presenting Obama campaign ad as an 'exclusive' on redistricting measure. The former president - once an opponent of gerrymandering - has endorsed efforts by Virginia's Democratic Party to allow the state's legislature to create new congressional districts. The new districts could give Democrats four additional seats in Congress.
6 killed after gunman opens fire in Kyiv, Ukrainian officials say. Gunman took hostages and barricaded himself inside a supermarket. Police stormed the store after attempts to contact the gunman with a negotiator failed. Shooting comes as Russia and Ukraine trade strikes against each other in the Donetsk region of Ukraine.
This month, Alfiya Zuckerman, Ruben Tamrazian and Vahe Muradkhanyan pleaded no contest to felony insurance fraud. They were sentenced to 180 days in jail and supervised probation, according to court records. The three are accused of presenting a false insurance claim.
Typhoon Sinlaku caused widespread damage across the Northern Mariana Islands. The storm ripped roofs from homes and triggered severe flooding. Some hard-hit areas are expected to remain without utilities for weeks. Samaritan's Purse will airlift more than 40 tons of supplies to the islands.
Iran's security council cited the U.S. blockade as the reason for the Strait’s closure. The US Central Command said Saturday that American forces were still enforcing the naval blockade. 23 ships have complied with their orders to turn around since it began, CENTCOM said. Iran said it has reimposed “strict control” over the Strait of Hormuz.
Iran imports roughly 40 per cent of its food, including wheat, rice, vegetable oil and meat. Iran needs massive imports of steel, cement, glass, electrical wiring, plumbing fixtures – bulk commodities that require maritime shipping at volumes that land routes cannot replace.Economists say Tehran has months of foreign currency reserves to sustain emergency imports.
Students and parents at Pinnacle High School raise concerns over Erika Kirk's upcoming visit, citing safety and political division. Kirk recently faced a poorly attended event at the University of Georgia and has shifted focus to high school audiences. That decision has fuelled anxiety in Phoenix, where families are being told to expect a visible security presence.
Pope Leo XIV calls on Angola’s leaders and people to “remove the obstacles to integral human development” He urges them to choose the path of the common good, resist exploitative interests, and preserve t. The Catholic Church wants to help Angola become “a project of hope”
An American pope could more easily navigate how to be a thorn in Trump's side, is how one Vatican official put it. Trump himself appears to believe this theory, saying that Leo was only given the papacy "because he was an American, and they thought that would be the best way to deal with President Donald J Trump"
Minor damage was caused to the shopfront and no injuries were reported. The damage is superficial and appears to be limited to scorch marks around the front door. Counter Terrorism Policing London is leading the probe supported by the Met’s north-west command area. No arrests have been made.
Hezbollah says it will adhere to the ceasefire, "provided it is comprehensive across all Lebanese territories" The U.S.-designated terrorist group has been at war with Israel on and off for years. Hezbollah says its fighters hands "remain on the trigger," but does not reject ceasefire.
Iranian Revolutionary Guards gunboats fired on a tanker traveling through the Strait of Hormuz on Saturday, according to an advisory from the UK Maritime Traffic Organization. A second vessel was hit by a projectile, the UKMTO said. The incident came shortly after Iranian Revolutionary Guards fired on two other tankers.
Closing the Strait of Hormuz was a response to "America's untrustworthiness," the head of Iran's National Security Commission said. Iran warned it would continue to block transits while the U.S. blockade remained in effect. “This strategic waterway is now under strict management and control of the armed forces,” a spokesperson for Iran’s Khatam al-Anbiya military said.
Lebanese army accuses Israel of launching 'several attacks' just hours after ceasefire. The 10-day truce includes Hezbollah, which Israel is aiming to disarm. Under the terms of the truce, Israel reserves the right to continue targeting the terror group. The truce was agreed to end six weeks of persistent attacks by Hezbollah.
U.S. President Donald Trump says the blockade will remain in full force until Tehran reaches a deal with the U.S., including on its nuclear program. He says Iran “got a little cute,” later adding, “They wanted to close up the strait again” referring to the Strait of Hormuz.