Hezbollah Rejects Lebanese Call to Fully Disarm Them in Four Months

Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June With oil prices having tumbled (before this latest resurgence) but semiconductor prices soaring still, expectations were for a small 0.1% MoM decline in CPI but in fact it printed dramatically cooler, dropping 0.4% MoM - the biggest monthly decline since COVID (April 2020), dragging the YoY CPI change down to +3.5% YoY... Source: Bloomberg Both Goods and Services costs saw YoY growth decline... Energy dominated the decline while Core Services rose very modestly... CPI breakdown: Headline CPI down 0.4% MoM in...

The House on Thursday just barely defeated a War Powers Resolution that would have directed President Trump to end hostilities against Iran that haven’t been authorized by Congress, as the US military is enforcing a blockade on Iranian ports and is deploying thousands more troops to the region to prepare for potential ground operations. The […]