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Inflation Drops More Than Expected

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general

Inflation Drops More Than Expected in June as Gas Prices Ease Amid U.S.-Iran Talks

June inflation in the U.S. fell to its lowest level since March, aided by a decline in gas prices following negotiations between the U.S. and Iran.

Jul 14, 2026, 1:18 PM ABC Top Stories

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Secretary of State Dean Rusk , President Lyndon B. Johnson , and Secretary of Defense Robert McNamara at a meeting in the Cabinet Room of the White House.

world

Japan Lowers Growth Forecast for Fiscal 2026 Amid Rising Energy Costs

Higher oil prices linked to Middle East tensions have led Japan's government to reduce its economic growth outlook for the current fiscal year, while projecting a budget surplus return in 2027.

CNA Latest News | Jul 30, 2026, 3:01 AM

Federal reserve police car, St. Louis, MO

world

US Federal Reserve Holds Interest Rates Steady Amid Inflation Concerns

Federal Reserve Chair Kevin Warsh reaffirms commitment to reducing inflation despite divided committee and no rate changes.

CNA Latest News | Jul 29, 2026, 9:17 PM

Portions of Oman, The United Arab Emirates and Iran are seen at the Strait of Hormuz (26.0N, 56.0E) in this view. A number of ship wakes can be seen in the area of the strait. Sunglint in the Persian Gulf to the northwest, accentuates the complex currents and oil slicks, seen as dark toned blue streaks on the surface. Qeshm Island, just off the coast of Iran, can be seen on the edge of the photo.

world

Oil Prices Fall Over 5% After US and Iran Pause Strikes Amid Middle East Tensions

Brent crude and West Texas Intermediate prices dropped sharply as hopes rise for a diplomatic resolution to recent conflicts affecting key shipping routes.

CNA Latest News | Jul 27, 2026, 8:56 AM

world

Egypt's Intense Heatwave Strains Workers and Disrupts Economy

A severe heatwave in Egypt is impacting daily life, work conditions, and the economy, with temperatures exceeding 45°C and prompting adjustments across sectors.

Africanews | Jul 23, 2026, 7:15 AM

global-institutions

UN Warns of Sharp Hunger Spike in Djibouti Affecting Over 25% of Population

A UN-backed global food monitoring network reports a significant rise in crisis-level hunger in Djibouti, driven by climate hazards, high food prices, and economic shocks.

UN News | Jul 17, 2026, 7:42 PM

world

Sydney Home Ownership Rate Drops to Lowest in 70 Years

New KPMG research reveals a significant decline in Sydney's home ownership rate, highlighting affordability challenges despite national housing market shifts.

ABC Australia News | Jul 16, 2026, 10:18 AM

world

Stocks Rise Following Soft US Inflation Data Amid Ongoing Middle East Tensions

Global equities climbed after weaker-than-expected US inflation figures and strong corporate earnings, despite escalating US-Iran hostilities.

CNA Latest News | Jul 15, 2026, 4:25 PM

politics

Fed Chairman Kevin Warsh Vows No Tolerance for Elevated Inflation Amid Cooling June CPI

New Federal Reserve Chairman Kevin Warsh testified before Congress pledging commitment to price stability as recent data shows easing inflation, while Fed Governor Christopher Waller warns inflation risks remain. Meanwhile, President Trump signals intensified strikes on Iran.

Reason | Jul 15, 2026, 2:41 PM

world

SK Hynix Shares Surge Nearly 12% Following US Tech Stock Gains and Barclays Upgrade

Shares of South Korean chipmaker SK Hynix rose sharply in Seoul, buoyed by positive US inflation data and Barclays' bullish rating on its American Depositary Receipts.

CNA Latest News | Jul 15, 2026, 1:26 AM

business

World AI Conference Highlights China’s AI Advances as South Korea Prepares Monetary Policy Shift

The World Artificial Intelligence Conference in Shanghai showcases record participation amid China's AI progress, while South Korea's central bank eyes interest rate hikes amid currency weakness.

Nikkei Asia | Jul 12, 2026, 11:34 AM

Grounded editorial scene illustrating Despite growth in renewables, fossil fuels supplied 86% of global energy in 2025, with U.S. oil production reaching a historic 21.1 million barrels per day amid geopolitical tensions.

general

U.S. Oil Production Hits Record as Fossil Fuels Dominate Global Energy Use in 2025

Despite growth in renewables, fossil fuels supplied 86% of global energy in 2025, with U.S. oil production reaching a historic 21.1 million barrels per day amid geopolitical tensions.

Fox News Latest | Jul 12, 2026, 11:05 AM

business

World AI Conference Highlights China’s Advances as South Korea Prepares Monetary Policy Shift

China’s World Artificial Intelligence Conference draws record participation amid global AI governance debates, while South Korea’s central bank signals interest rate hike amid economic shifts.

Nikkei Asia | Jul 12, 2026, 7:29 AM

world

Iran’s Economy Faces Long Road to Recovery Amid Fragile Ceasefire

Despite a ceasefire extension between Iran and the US, ongoing conflict and economic challenges continue to strain Iran’s recovery prospects.

Al Jazeera | Jul 8, 2026, 6:15 AM

general

Trump Highlights Walmart's Price Cuts Amid Ongoing Inflation Concerns

Walmart announces significant price reductions on various products, including beef, following a request from the Trump administration to mark the nation's 250th anniversary.

Washington Times News | Jul 7, 2026, 1:33 AM

politics

Eight Years After Janus Ruling, Public Unions Face Membership Declines and Legislative Challenges

Since the Supreme Court's Janus decision, public-sector unions have seen significant drops in dues-paying members and revenue, with some states enacting laws that complicate workers' ability to leave unions.

The Hill | Jul 6, 2026, 11:39 AM

world

Government Defends Housing Tax Changes Amid Cooling Market

Following a report of falling house prices in June, the Australian government reiterates support for its budget housing tax reforms, citing Treasury modelling and broader economic factors.

ABC Australia News | Jun 30, 2026, 9:29 PM

Medisch Centrum Haaglanden, locatie Westeinde

world

City of Greater Bendigo Transfers Maternal and Child Health Service to Victorian Government

The City of Greater Bendigo will hand over its maternal and child health nurse program to the Victorian government by the end of 2026, aiming to enhance support for families through integration with the public health system.

ABC Australia News | Jul 30, 2026, 2:10 AM

Federal Open Market Committee (FOMC) participants gather at the Marriner S. Eccles Building in Washington, D.C., for a two-day meeting held on April 26-27, 2016.

politics

Dow Drops Over 1,100 Points as Fed Holds Interest Rates Steady

Stocks declined sharply on July 29, 2026, following the Federal Reserve's decision to maintain interest rates amid ongoing inflation concerns.

The Hill | Jul 29, 2026, 11:41 PM

world

MLS Sees Surge in Ticket Sales and Ratings Following 2026 World Cup, Says Commissioner Don Garber

Major League Soccer experiences significant growth in fan engagement and launches a new marketing campaign to sustain momentum after the 2026 World Cup co-hosted by the U.S., Canada, and Mexico.

CNA Latest News | Jul 29, 2026, 9:23 PM

This photograph from the Victorian-era, presented in cabinet format, portrays an elegant young lady captured by the skill of photographer Arthur Langton. Taken around 1893 at 35 Buckingham Palace Road, in the Belgravia district of London, England. This digitized photograph at high resolution of 1600 DPI, has been enhanced and transformed by AI, accentuating facial contrast and beauty.

politics

Senate Democrats Urge Meta to Implement AI Safeguards for Vulnerable Users Amid Rising Scams

Senators Kirsten Gillibrand and Mark Kelly question Meta on protections for older adults as AI-enabled fraud surges in the U.S.

The Hill | Jul 29, 2026, 7:45 PM

Lawn in front of the White House, Washington, DC.

Trump to Unveil $22 Billion Plan to Rebuild Washington’s Dulles International Airport

The overhaul aims to modernize the airport with new terminals and improved transit, reflecting President Trump’s direct involvement in the design process.

Guardian US | Jul 29, 2026, 5:58 PM

The Suez Canal Bridge crosses the Canal at El Qantara . It is also known as the Shohada 25 January Bridge or the Egyptian-Japanese Friendship Bridge .

world

Iran War and Yemen Conflict Impact Egypt’s Suez Canal Revenues

Egypt faces economic challenges as the US-Iran war and Houthi attacks in Yemen disrupt key shipping routes, affecting the vital Suez Canal.

Deutsche Welle | Jul 29, 2026, 5:37 PM

Date: 2018-06-30 Sensor: MSI on Sentinel-2B Resolution: 10m RGB Composites: True color, Band 4-3-2

Flash Floods and Storms Hit Northeast US, Killing One and Disrupting Millions

Severe weather including heavy rain, high winds, and a heat dome impacts multiple states, causing fatalities, rescues, power outages, and travel chaos.

Guardian US | Jul 29, 2026, 4:59 PM