White House Working With FBI To Probe Cases Of Missing Scientists

Rate-Hike Odds Remain Low As US Producer Prices Print Cooler Than Expected In July Following yesterday's cooling (in-line) consumer price inflation data (driven in large part by energy deflation), US producer prices were expected to rebound modestly in July from a 0.3% MoM decline (headline) in June. Instead, headline Producer Prices were unchanged MoM (cooler than expected), pushing the annual change down from +5.5% to +4.7% YoY... Source: Bloomberg Core PPI (Ex Food and Energy) also printed cooler than expected (+0.2% MoM vs +0.3% MoM), dragging Core PPI YoY down to +4.2%... Final demand...

Iran To Send Revised Proposal To US In 'Days' As 'Tank Tops' Loom, Trump Claims Iran "Informed Us They Are In State Of Collapse" Summary Trump TS claim: Tehran has informed Washington they are in a "state of collapse" and that the Iranians want the US to "open the Hormuz Strait" - as 'tank tops' loom. Trump doesn't appear open to Iran's proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). Tehran working on revised plan to be sent in 'few days'. First crude-laden Japanese tanker...

Anti-Trump GOP Governors Plot To Undermine President's Immigration Crackdown With Work-Visa Scheme Two Republican governors with a long history of clashing with Donald Trump are working with Democrats on a plan to hand migrant workers state-issued work permits instead of deportation notices, a direct challenge to the president's immigration crackdown that the four laid out on camera. Utah Gov. Spencer Cox and Oklahoma Gov. Kevin Stitt joined Democratic Govs. Wes Moore of Maryland and Matt Meyer of Delaware for a joint interview with Bloomberg, describing a shared position that has...