The July CPI rose 0.1% monthly and 3.4% annually, keeping inflation above the Fed’s 2% target and eroding real wages for a fourth consecutive month.
Tag: United States
Posted inGeopolitics
US Forces on Track to Exit Iraq by September 30, Ending 23-Year Mission
US officials confirmed forces will complete their Iraq withdrawal by September 30, ending a 23-year military presence and handing off to economic partnerships.
Posted inWorld
Venezuela Opens US-Backed Transition Talks Without Machado
Venezuela’s government and opposition met in Caracas on 6 August to open US-backed transition talks, with Nobel laureate María Corina Machado excluded.
Posted inEconomy
US Consumer Confidence Falls a Third Month to 90.8 as Job Sentiment Cools
The Conference Board’s consumer confidence index fell to 90.8 in July, a third straight monthly drop, as job optimism hit its lowest point since 2021.
Posted inGeopolitics
Iran Fires Ballistic Missiles at US Forces as Ceasefire Window Closes
Iran’s Revolutionary Guard fired ballistic missiles toward U.S. forces on July 28, hours after Trump announced a pause, with CENTCOM intercepting all of them.
Posted inEconomy
USMCA’s first joint review opens as North American trade faces its highest tariff pressure in decades
The Free Trade Commission convened on 1 July 2026 to begin the USMCA’s six-year review, with Mexico facing a 9.8% average tariff rate and the three nations deciding whether to extend or let the pact expire in 2036.
Posted inMarkets
Eli Lilly climbs 7% as EU regulators back Jaypirca across all CLL treatment lines
Shares in Eli Lilly rose 7.13% to $1,208.12 on June 26 after the EMA’s committee recommended approving pirtobrutinib for chronic lymphocytic leukemia across all treatment lines.
Posted inEconomy
US economy expanded 2.1% in Q1 2026 but corporate confidence warns of a rougher second half
The Bureau of Economic Analysis confirmed 2.1% annualised GDP growth in the first quarter of 2026 on June 25, a rebound from Q4’s 0.5%, even as CEO surveys signal gathering headwinds ahead.
Posted inTech
Paul Tudor Jones says the US is dangerously late to regulate AI
The hedge fund founder told CNBC on May 7 that Washington’s failure to establish governance frameworks while AI deployment accelerates is a ‘governance gap’ that could produce risks society is not prepared for — framing AI oversight as a financial stability concern, not just a civil liberties one.
Posted inGeopolitics
Trump’s Ukraine ceasefire breaks within 48 hours
The three-day ceasefire Trump announced for May 9–11 included a prisoner swap of 1,000 soldiers per side, but within 24 hours Ukrainian forces had logged 180 battlefield clashes and Russian drone and artillery strikes continued across the front.