Israeli Forces Kill Three Palestinians in Gaza as Relentless Attacks Continue

2026 Rate-Hike Expectations Plummet After Cooler-Than-Expected PPI 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 services: Prices for final demand services...

Congress Returns From Recess - Here's What's On Its To-Do List Authored by Joseph Lord via The Epoch Times, Lawmakers will return to Capitol Hill this week with a long to-do list as the Department of Homeland Security (DHS) remains in a partial shutdown. Ending that shutdown—which as of April 13 reached its 58th day—will be a top priority for lawmakers, even as they remain divided along party lines on how to move forward with the funding. Lawmakers will also work on reauthorizing Section 702 of the Foreign Intelligence Surveillance Act (FISA), a controversial...

US Announces South Africa Visa Curbs Citing Racism Against Afrikaners Authored by Troy Myers via The Epoch Times, The U.S. Department of State announced Tuesday new visa restrictions against some foreign nationals in South Africa who are alleged to be involved in discrimination and incitement of violence against minority groups in the country. A State Department news release said the policy will target any individual involved in racially motivated crime, uncompensated land seizures, government-sponsored discrimination, and race-based legislation against the Afrikaner community, a white South African group of Dutch, German, or French...