EPA Poised To Scrap Power Plant Carbon Standards

President Trump Agrees To 2-Week Iran Ceasefire (If Strait Is Opened Immediately) Summary:  President Trump agrees to a two-week ceasefire with Iran, conditional on them "agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz" Israel has reportedly agreed to suspend bombing while talks are ongoing. Axios cites "glimmer" of progress on negotiations. Prime Minister Shehbaz Sharif introduces last minute olive branch extension plan, hoping that the US will avoid its decimation campaign. Israel has begun attacking Iran's railway infrastructure, telling civilians to not take trains, cancelations across country. IRGC still defiant - announces...

The House on Thursday narrowly defeated a War Powers Resolution that would have directed President Trump to end the US war against Iran, as the US continues to enforce a blockade of Iranian ports and is considering restarting the full-scale bombing campaign. The bill failed in a tie vote of 212-212, with three Republicans — […]

Conference Board Consumer Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years Amid a plethora of revisions (lower), The Conference Board's measure of Americans' Consumer Confidence rose very modestly in June (from 90.6 to 91.2 - a big miss on the headline print's expectation of 94.4). However, while Expectations rose to their highest level of the year, the Present Situation tumbled to its lowest since March 2021... “Consumer confidence inched up in June as falling oil prices in recent weeks provided some relief to consumer inflation fears,” said Dana...