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Iran and the United States remain at an impasse over efforts to reach a permanent end to their war, a senior Iranian official said, with no progress reported in talks to revive the interim ceasefire deal agreed in June or to define a timeframe …
US Treasury yields fell Wednesday as investors digested July inflation data that came in line with expectations and pointed to continued cooling in price growth. The 10-year Treasury yield, a key benchmark for mortgage, auto loan, andCreditcard pricing, fell 3 basis points to 4.654%. …
US core inflation, which excludes volatile food and energy costs, eased for a second consecutive month to 2.5% in July, its lowest level in five months and in line with market forecasts. On a monthly basis, core consumer prices rose 0.2%, picking up from …
US consumer prices rose 3.4% year-over-year in July, down from 3.5% in June, matching market expectations and marking a second consecutive month of cooling inflation. The reading extends a gradual easing trend after inflation had climbed as high as 4.2% earlier this year. On …
A suspected Houthi attack on a small cargo vessel in the Bab el-Mandeb Strait killed six people Tuesday, Yemen's transport ministry and coast guard said, marking the first shipping fatalities linked to the group since the war began in February. Four crew members died …
The International Energy Agency has again deepened its forecast for the decline in global oil demand this year, citing the prolonged closure of the Strait of Hormuz and elevated fuel prices that continue to deter buyers. The agency's latest Oil Market Report, published Wednesday, …
US consumer prices are forecast to rise 0.1% in July on a monthly basis, rebounding from a 0.4% decline in June that marked the steepest monthly drop since May 2020. On an annual basis, headline inflation is expected to ease to 3.4% from 3.5% …
President Trump said he secretly switched planes in Turkey last month at the direction of the Secret Service, confirming media reports of an elaborate security operation prompted by an Iranian assassination threat. Following a NATO summit in Ankara, Trump was transferred from Air Force …
Vessel traffic through the Strait of Hormuz fell to a one-week low of eight ships on Tuesday, as shipowners continued avoiding the key waterway amid ongoing hostilities in the Middle East. The decline came as the US and Yemen's Iran-aligned Houthi forces reported separate …
For months, US consumer spending has remained a resilient pillar of the economy, defying predictions of a slowdown as households continued spending on travel, dining, and everyday conveniences. But a batch of recent corporate earnings and economic data suggests that momentum may be losing …
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