Fed’s Preferred Inflation Gauge Eased During Pause in Iran War
[Price pressures eased during a brief reprieve in the war with Iran, but the resumption of fighting suggests that inflation risks are still prevalent.
Cuba to Trump: We’re Open for Business
A top Cuban official says the island won’t negotiate its politics, but it is willing to talk investment, including from President Trump.
China, Its Economy Stumbling, Signals Only Cautious Support
[The ruling Politburo called for “more proactive” tax and spending policies but did not endorse broad action to address weak consumer spending.
Netanyahu admits decrease in popularity among US public, blames it on social media
Israeli prime minister says he is concerned on decline in support for Israel among US public Under Prime Minister Benjamin Netanyahu’s vision, Israel would gradually wean itself off its reliance on the massive military aid it receives from the United States. PHOTO: AFP Israeli Prime Minister Benjamin Netanyahu on Wednesday admitted there was a decrease … Read more
U.S. Economic Growth Slowed in the Second Quarter
[Gross domestic product expanded at a 1.5 percent annual rate over the past three months, as war in the Middle East shook energy prices and supply chains.
Pakistani celebrities call for peace and justice amid AJK unrest
Hania Aamir, Mahira Khan, Osman Khalid Butt among others express solidarity with Kashmiris Political unrest in Azad Jammu and Kashmir (AJK). PHOTO: Reuters Pakistan’s entertainment industry has reacted to the recent unrest in Azad Jammu and Kashmir (AJK), with celebrities expressing solidarity with residents and calling for peace, justice and accountability. Actor Durefishan shared a message … Read more
Messi returns to Miami training
MIAMI: Lionel Messi returned to training with his US club side Inter Miami on Wednesday, 10 days after losing the World Cup final with Argentina. The superstar forward was shown stepping onto the training field alongside his Miami teammate Luis Suarez in a video posted to social media by the Major League Soccer club. Since … Read more
De Zerbi wants Bergvall at Spurs, but can’t promise starting role
Lucas Bergvall (left) tussles for the ball after starting for Tottenham in the 1-1 draw with Sydney FC. Photo: AFP LONDON: Roberto De Zerbi said he wants in-demand midfielder Lucas Bergvall to stay at Tottenham, but cannot guarantee the Sweden World Cup player a starting role. The 20-year-old reportedly wants to leave with interest from Newcastle and Nottingham Forest. His future was … Read more
Wildfires in Greece Kill 3 Firefighters as Blazes Still Burn in France and Spain
Greece also worked to contain blazes on Lesbos and in the Peloponnese, where another firefighter died, in the midst of a brutal wildfire season for Europe.
A ‘Credibility Shock’ Looms Over the Fed
[Bonds sold off sharply after the Federal Reserve’s latest rate decision, signaling growing turmoil between the markets and the central bank.