Economy & Money
July Inflation Report Lands With Gas Prices Falling and Tariffs in Focus
Forecasters project a modest July inflation increase as falling gas prices offset tariff-driven goods costs, with the reading shaping the Fed's rate path.
Articles
Every briefing, newest first.
- World Politics
Pakistan Says a U.S.-Iran Deal Is Near. Tehran and Washington Sound Less Sure.
Pakistani officials say the U.S. and Iran are edging toward an agreement, even as Tehran and Washington trade tougher public conditions over reparations and shipping access.
- Tech & Power
Nvidia's Jensen Huang Bets $500 Billion on AI. China Is the Wild Card.
Nvidia CEO Jensen Huang is pushing a roughly $500 billion effort to finance AI data centers and chip supply, but exposure to China's market and export controls could undercut the math.
- World Politics
Netanyahu Rejects Trump's 15-Point Gaza Plan as Israeli Election Looms
Benjamin Netanyahu rejected a US-backed 15-point Gaza plan days after reportedly helping shape a pilot withdrawal, drawing scrutiny in Israel and marking a rare break with President Trump.
- Tech & Power
Nvidia Recruits Six Wall Street Firms to Raise $500 Billion for AI Buildout
Nvidia signed agreements with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to raise more than $500 billion for AI infrastructure, with the company offering to backstop up to a quarter of the deals.
- Economy & Money
Trump Media Posts $238M Quarterly Loss, Pitches Paid Early Access to Truth Social Posts
Trump Media & Technology Group reported a $238 million second-quarter loss and said it will refocus on a paid service that gives high-frequency traders early access to Truth Social posts, drawing ethics complaints.
- U.S. Politics
Trump Signs Order Urging Fewer Childhood Vaccines and Split MMR Shots
President Trump signed an executive order calling for a shorter childhood vaccine schedule and separated MMR doses. Because states control school mandates, the order functions as guidance rather than law.
- Tech & Power
China Steers $28 Trillion in Capital Markets Toward AI Race With U.S.
China is directing roughly $28 trillion in capital-market resources toward AI and semiconductor firms, with the CXMT IPO surging 466% on debut. The move sharpens a state-led challenge to U.S. tech dominance.
- U.S. Politics
Trump names Will Scharf White House counsel, replacing Warrington Sept. 1
Trump promoted staff secretary Will Scharf to White House counsel effective Sept. 1, replacing David Warrington ahead of the November midterms and likely Democratic oversight fights.
- World Politics
Netanyahu Rejects Trump's 15-Point Gaza Plan, Demands Full Hamas Disarmament First
Netanyahu publicly rejected a Trump-backed 15-point Gaza plan Sunday, insisting Hamas disarm fully before any Israeli withdrawal. The move opens a rare rift with the White House and puts a U.S.-brokered regional settlement in doubt.
- Economy & Money
Oil Jumps and Stocks Slide as Iran Ties Hormuz Reopening to U.S. Concessions
Iran is demanding U.S. concessions before it will fully reopen the Strait of Hormuz, sending oil prices up and stocks down as the war stalemate drags on.
- Tech & Power
A New Mexico Judge Adds $567M to Meta's Child-Safety Penalty
A New Mexico court ordered Meta to pay $567 million toward youth mental-health services, raising the company's total penalty to $942 million after a jury found it liable earlier this year.