Ceasefire Nears Collapse as Iran Threatens Strikes on Northern Israel

DOE Declares Southeast Grid Emergency As Sweltering Heat Boosts AC Demand As the U.S. men's national soccer team kicks off its first match against Paraguay in Southern California on Friday night, large swaths of the country are trapped in what feels like a wet sauna, with dangerous heat and humidity forcing households to crank up their air conditioning and straining power grids from the Southeast to the Northeast. On Thursday, the Department of Energy issued an emergency order to mitigate blackout risks across the Carolinas amid extreme heat that threatens to...

US PMIs Mixed But Still Signal Accelerating Economic Growth In Q3 With 'hard data' trending weaker, today's preliminary July PMIs offer the first glimpse at whether the reignition of the Iran War is weighing on 'soft' survey sentiment in the US economy. The data was mixed (as always) with Manufacturing disappointing while Services accelerated more than expected: Flash US Manufacturing PMI: 53.8 (June: 53.9). 4-month low. Flash US Services PMI Business Activity Index: 53.6 (June: 51.2). 8-month high. “US businesses reported a good start to the third quarter," said Chris Williamson, Chief Business Economist at...

Trump Teleprompter Operator Made $100K Betting On Kalshi Markets Tied To Speeches Authored by Nate Kostar via CoinTelegraph.com, US President Donald Trump’s longtime teleprompter operator is in talks with federal regulators to settle allegations that he used nonpublic information to profit from bets on Kalshi markets tied to the president’s speeches, ABC News reported Thursday, citing sources familiar with the matter. According to the report, Gabriel Perez, a technical assistant who has operated Trump’s teleprompter since 2016, allegedly placed bets on more than a dozen markets tied to Trump’s speeches, generating more than...