Business

Fed minutes: Officials deeply divided over future path of US inflation

Wednesday, July 8 by SRN News

WASHINGTON (AP) - The Federal Reserve's rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday. In the first set of minutes released under new chair... Read More.

The tenuous state of a US-Iran ceasefire renews anxiety over high fuel prices

Wednesday, July 8 by SRN News

NEW YORK (AP) - The potential unraveling of a fragile truce between Iran and the United States renewed anxiety Wednesday over whether fuel prices would go back up if sustained fighting kept oil tankers from traveling through the Persian Gulf. Oil prices rose to... Read More.

Justin Bieber and more join World Cup final halftime show featuring Madonna, Shakira and BTS

Wednesday, July 8 by SRN News

NEW YORK (AP) - Justin Bieber will bring his swag to the World Cup's star-studded, Super Bowl-style halftime show, joining fellow headliners Madonna, Shakira and BTS, FIFA announced Wednesday. Afrobeats star Burna Boy, Venezuelan conductor Gustavo Dudamel and the PS22 Chorus - a choir... Read More.

Investors get inflation ‘wake-up call’ as Trump fires up oil prices

Wednesday, July 8 by SRN News

LONDON, July 8 (Reuters) - Global investors had a stark reminder of how quickly the oil market can reignite concern about inflation and volatility, after U.S. President Donald Trump said on Wednesday that an interim agreement with Iran to end the war "is over". Inflation-sensitive... Read More.

Wall St falls as Trump’s Iran remarks rattle investors; Broadcom gains

Wednesday, July 8 by SRN News

By Ragini Mathur and Avinash P July 8 (Reuters) - Wall Street's main indexes fell on Wednesday after President Donald Trump said an interim deal aimed at ending the war with Iran was "over," while Broadcom led gains among recently battered chip stocks. Speaking... Read More.

NY Fed says firms in its district aren’t done passing on tariff costs

Wednesday, July 8 by SRN News

By Michael S. Derby July 8 (Reuters) - Many Mid-Atlantic U.S. businesses aren't done raising prices due to President Donald Trump's slate of import tax increases, new research from the Federal Reserve Bank of New York, released on Wednesday, said. "Our latest regional business surveys reveal... Read More.

IMF says hopes to engage on central banks’ changes to forward guidance

Wednesday, July 8 by SRN News

By Andrea Shalal WASHINGTON, July 8 (Reuters) - The International Monetary Fund hopes to engage with central banks in coming months on changes in their use of forward guidance on monetary policy, a top official said on Wednesday, emphasizing the need for communications in uncertain... Read More.

Airbus deliveries rise 15% to 351 in first half

Wednesday, July 8 by SRN News

July 8 (Reuters) - Airbus delivered 351 airplanes in the first half of the year, up around 15% from 306 in the same period of 2025, after handing over 89 jets in June, the European planemaker said on Wednesday. The figures, which confirm a Reuters... Read More.

Wall St opens lower as Trump says Iran deal is ‘over’

Wednesday, July 8 by SRN News

July 8 (Reuters) - Wall Street's main indexes opened lower on Wednesday after President Donald Trump said an interim deal aimed at ending the war with Iran was "over," sending oil prices higher and triggering a global risk-off move. The Dow Jones Industrial Average fell... Read More.

US wholesale inventories in May revised lower

Wednesday, July 8 by SRN News

WASHINGTON, July 8 (Reuters) - U.S. wholesale inventories rose far less than initially thought in May, which could temper expectations that restocking would provide a significant lift to economic growth in the second quarter. Stocks at wholesalers edged up 0.1%, revised down from the 0.3%... Read More.

Current Weather

Fed minutes: Officials deeply divided over future path of US inflation

The tenuous state of a US-Iran ceasefire renews anxiety over high fuel prices

Justin Bieber and more join World Cup final halftime show featuring Madonna, Shakira and BTS

Investors get inflation ‘wake-up call’ as Trump fires up oil prices

Wall St falls as Trump’s Iran remarks rattle investors; Broadcom gains

NY Fed says firms in its district aren’t done passing on tariff costs

IMF says hopes to engage on central banks’ changes to forward guidance

Airbus deliveries rise 15% to 351 in first half

Wall St opens lower as Trump says Iran deal is ‘over’

US wholesale inventories in May revised lower

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