U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
Consumer spending, adjusted for inflation, increased 0.4% in June after rising 0.3% in May. Personal income decreased 0.2% during the month. "Core" PCE, which strips out volatile food and energy prices, increased 3.3%, down from 3.4%.
In all theatres with a 'flat', 1.85:1 aspect ratio, the film will be shown in the IMAX digital 1.90:1 ratio. In lieu of IMAX, most cinema chains offer a premium large format screen, which offers a extra-large screen and usually, but not always, 4K laser projection.
Oil Prices Rise as Iran and U.S. Strikes Slow Traffic in Strait of Hormuz
The 2-year Treasury yield is up about 90 basis points from its February 27 low of 3.375%. The target range for the federal funds rate remains 3.50% to 3.75%. The limited nature of the historical data set means it can't be used to either confirm or rule out a rate hike.
Fifteen elephant deaths at Kenya park may be due to cyanide poisoning
15 elephants were found dead in Kenya's Amboseli National Park. Tests showed traces of cyanide in the elephants' systems. The cyanide came from pesticides sprayed on nearby tomato crops. The elephants died between June 24 and July 24. The cause of death was not known, and no one has been arrested.
Anthony Fauci refuses to answer questions during tense US Senate hearing about Covid origins
Dr. Anthony Fauci was one of the nation's most visible public health officials during the coronavirus pandemic. He declined to answer questions from a U.S. Senate committee in a tense and confrontational hearing Wednesday, citing his Fifth Amendment rights. He said he believed committee Chairman Rand Paul was trying to get him to make statements under oath that would lead to criminal charges.
How the Iran-Backed Houthis Cornered Saudi Arabia Into a New Conflict
When the U.S. strikes Iran, Iran retaliates by firing missiles and drones. Iran has attacked Jordan and Kuwait over the course of the war. Saudi Arabia accused Iran-backed militias in Iraq of launching drone attacks on its oil facilities. Any attack by Iran, Hezbollah or Israel could reignite hostilities, reopening yet another front.
Trump Says He May Drop Blanche’s Attorney General Nomination, for Now
GOP Sen. John Cornyn, a crucial swing vote, called off a scheduled Wednesday meeting with Blanche, who has been serving as acting attorney general since Pam Bondi's firing in April. Trump downplayed any concerns about Blanche’s path to confirmation, calling his attorney general pick and former personal attorney “outstanding”
Tributes, and Politics Too, at Lindsey Graham’s Funeral in South Carolina
The service was uplifting and emotional; Graham's sister, U.S. Sen. Darline Graham, wiped tears from her eyes throughout the service. Graham's family in the front row held hands. Graham was appointed to serve out her brother's term. "Voters felt that the Trump endorsement i
Saudi Arabia’s Strikes in Iraq Mark Entry Into U.S.-Iran War.
Saudi Arabia joined the United States in attacking fighters aligned with Iran. The Saudis coordinated their strikes with U.S. Central Command, the military arm overseeing operations in the Middle East. Saudi Arabia accused Iran-backed militias in Iraq of launching drone attacks on its oil facilities for two straight days.
U.S.-Saudi Attack on Iraqi Militias Risks Drawing Them into War
Despite its flaws, the 2015 nuclear deal with Iran secured by the Obama administration was the first major agreement between the two countries since the Algiers Accords in 1981. Ali Vaez, Iran project director at the International Crisis Group, said senior Iranian officials were nearly unanimous in their decision to approve that memorandum of understanding with the U.S.
President Trump says U.S. will strike back at Iran in retaliation for latest attack by the country's Revolutionary Guard. "We're going to be hitting them very hard," Trump says. American fighter jets launched a "powerful response" of air strikes on military command centers, missile and drone facilities, coastal surveillance.
Fifa could draw US Congress inquiry over ‘smash-and-grab scam’, top Democrat warns
Jamie Raskin, the top Democrat on the House judiciary committee, accused global football’s governing body of a “smash-and-grab scam of colossal proportions” The judiciary committee minority has already requested records from Fifa, including docume, including name and number.
US bans humanoid robots from China, citing ‘unacceptable risks’
The FCC has banned imports of humanoid robots from China. The new rule applies to robots that weigh more than 4.4 pounds. Even iRobot's Roombas that are made with foreign parts would be subject to the new rule. Many major robotic vacuum brands like Roborock and Ecovac are either based in China.
The 30-year bond yield jumped to 5.2%, the dollar weakened and stocks fell. Higher rates can keep a lid on inflation, but they can also slow the economy and undercut prices for stocks and other investments. The swings have raised worries that inflation will reaccelerate, just when it had begun to slow.
US launches 'heavy' strikes on Iran after attempted attack on American troops
U.S. Central Command said it carried out a ‘heavy wave of strikes’ on Iranian military targets in response to an attempted surprise attack on American troops stationed in the Middle East. The US has said it had carrired out ‘powerful response’ to the regime’s surprise attack.
NATO Says Russian Missile Hit Poland During Ukraine Attack
NATO said a Russian missile entered Polish airspace during the onslaught and landed in a rural area. Ukrainian Foreign Minister Andrii Sybiha said it was a clear demonstration that strengthening Ukraine’s air defenses would also guarantee wider European security. The missile landed and exploded about 90 kilometers (55 miles) into Polish territory.
Father of teen school shooter sentenced to 15 years in prison
Colin Gray, 55, was sentenced to life in prison for his son's shooting death. Colt Gray, then 14, killed two students and injured seven others in September 2024. His father bought him an AR-15-style rifle as a Christmas gift and left it unsecured.
OpenAI cuts prices for two of its GPT-5.6 AI models as companies grow sensitive to costs
OpenAI has three GPT-5.6 models: Sol, Terra, and Luna. The company is cutting the cheapest tier by 80% and the mid-tier by 20%. The company says it’s also adjusting token usage for Terra and Luna models as well. The standard rates now read: 20 cents and $1.20, down from $1 and $6.
Russia Charges Telegram’s Founder Pavel Durov With Facilitating Terrorism
Unauthorised trips made by Pierre-Henri Chuet to China in 2018 and 2019. Chuet flew Rafale M and Super Étendard fighter jets during his military service. He was taken into custody by France’s domestic intelligence agency. He is accused of passing sensitive national defence secrets to Chinese operatives.
U.S. Sees Iran as Likely Behind Cyberattack on Minnesota Water Systems
The book was returned to the library in the seaside town of Kiama last week. Rules in the 1870s stated that a book had to be returned and an overdue debt paid before another book could be borrowed. The returned book will be displayed in the library’s local history collection.
The Alien Terrorist Removal Court is scheduled to hold a hearing on Thursday in Washington, D.C., for the government’s petition to deport Nazira Haji Zada, of Fort Worth, Texas. The court is comprised of five federal judges from different districts across the country who are appointed by the chief justice of the Supreme Court.
Russia Strikes Ukraine With Missiles and Drones, Killing at Least 8
Multiple explosions were heard in the western city of Lviv, located only about 70 kilometers from the Poland-Ukraine border. One person was killed and three others injured in the capital, Kyiv. The strike destroyed two storage units where her family had kept vintage bags, porcelain, glas.
Wildfire in Suffolk, UK, Breaks Out a Few Miles From Nuclear Power Station
The UK is experiencing its worst drought in more than a decade. Parts of the country have been hit by heavy rain and flooding. The drought is expected to last until the end of the year, according to the UK Met Office. The weather service has issued a severe weather alert for parts of the UK.
Rural communities in southwestern Japan were struggling to get their lives back to normal Thursday, two days after a powerful earthquake hit the area. In the Yatsushiro area, where a chimney collapsed at a Nippon Paper Industries factory, 10 people were rescued, but eight others died, and one remained missing, the Kumamoto prefectural disaster team said.
‘Race against time’: Japan earthquake death toll rises as rescue teams search for missing
Rural communities in southwestern Japan were struggling to get their lives back to normal Thursday, two days after a powerful earthquake hit the area. In the Yatsushiro area, where a chimney collapsed at a Nippon Paper Industries factory, 10 people were rescued, but eight others died, and one remained missing, the Kumamoto prefectural disaster team said.
President Trump says U.S. will strike back at Iran in retaliation for latest attack by the country's Revolutionary Guard. "We're going to be hitting them very hard," Trump says. American fighter jets launched a "powerful response" of air strikes on military command centers, missile and drone facilities, coastal surveillance.
Cuba is easing restrictions on its oil industry. The move comes after the U.S. imposed an oil embargo in January. The oil industry is one of the biggest contributors to the Cuban economy. The country's economy is the second largest in the world, after the United States, according to the World Bank.
Saudi Arabia Aims to Deter Red Sea Attacks With New Coalition
Saudi Arabia has announced the formation of a multinational maritime defence coalition to protect international shipping and energy routes in the Red Sea. Saudi Arabia will serve as the founding and leading state of the coalition and host its headquarters. This follows attacks by Yemen's Iran-aligned Houthis that disrupted trade routes.
Iraq will be more attractive to foreign direct investment (FDI) that is needed to refresh infrastructure damaged by decades of conflict and sanctions. This will encourage foreign investment, strengthen Iraq's financial sector and serve as a model for Iraqi banks seeking to expand their partnerships with international financial institutions. This marks the first time since 2003 that a major American bank has established a presence in the country to facilitate financing for U.S. companies operating in Iraq.
What to Know About the Kumamoto Earthquake in Japan
Many residents are choosing to sleep in their cars for privacy. "I can’t sleep sitting in the car, so sometimes I go out for a walk during the night,” Sato says. Nishiyama said he doesn't want to sleep at home because aftershocks made him feel uneasy. "What happens twice will happen three times," he said.
Ukraine’s Strike on an Iranian Ship Could Bring Two Wars Closer
The war is likely to end with Iran holding some administrative role over the Strait. "The Iranian government is working furiously to rebuild their stocks of munitions and the U.S. is not; in war, you need bullets to win" "The tit-for-tat military exchanges could end up dramatically escalating the war if one side suffers significant losses or miscalculates"