Pakistan Says There Are No Discussions Underway About Joining Saudi War in Yemen

US Central Command has requested the deployment of the US’s hypersonic missile, known as the Dark Eagle, for potential use against Iran, as President Trump is considering restarting the bombing campaign, Bloomberg has reported. The US has already used a missile for the first time against Iran, a short-range ballistic missile called the Precision Strike […]

US Grows Only 1.5% In Q2, Badly Missing Estimates, Despite Strong Spending, Investment The US economy grew at a far weaker than expected pace in the second quarter despite a pickup in consumer spending and solid business investment. According to the BEA, GDP (inflation adjusted) rose just 1.5% in the period, according to the first estimate issued Thursday by the Bureau of Economic Analysis. This was well below the 2.0% median estimate.  The contributors to the increase in real GDP in the second quarter were increases in consumer spending, investment, and exports...

JPMorgan Backs US Crypto Bill, But Puts Warning Label Front & Center As Senate Eyes August Deadline Authored by Micah Zimmerman via BitcoinMagazine.com, JPMorgan threw its support behind federal digital asset legislation Monday, but the bank’s message to Congress was as much a caution as an endorsement: get the framework right, or risk recreating the financial vulnerabilities regulation was designed to prevent. In a joint op-ed, Umar Farooq, global co-head of JPMorgan Payments, and Peter Muriungi, CEO of Digital Assets and Blockchain Solutions, argued that the United States has a genuine opportunity to lead...