Why Cheaper Restaurant Food May Stay Off The Menu This Year

Large Cargo Ship Near Hormuz Reports Being Attacked, In First Escalation Since April 22 A large cargo ship near the Strait of Hormuz has reported being attacked by multiple small craft, the British military’s United Kingdom Maritime Trade Operations center said Sunday, marking at least two dozen attacks in and around the strait since the Iran war began. All crew on the unidentified northbound carrier, which could be the Pasargad 11 General Cargo Ship with a destination of Dubai after it reversed... ... were safe after the attack off Sirik, Iran, east...

China Economic Growth 'Downside Risk' Looms; Goldman Warns After July Macro-Miss-Fest China’s July activity data weakened from June, missing market expectations across the board, and signaling a soft start to Q3 amid continued divergence between resilient exports and subdued domestic demand. Originally slated for publication late last night (US time), the data release was delayed for five hours after the statistics agency revised its schedule in a break with recent practice. Industrial production (IP) growth slowed to 4.5% yoy in July from 5.3% yoy in June, reflecting slower export growth and...

Democrats Challenge Trump's Mail-In Voting Order Despite Recent SCOTUS Ruling Twenty-three Democratic attorneys general and the District of Columbia filed suit against the U.S. Postal Service on Wednesday, challenging a rule that limits who can receive an absentee ballot in the mail. They filed the complaint in the U.S. District Court for Massachusetts two days after the Supreme Court allowed President Trump’s executive order on mail-in voting to proceed while the underlying case continues. The Supreme Court ruled that the states had sued before the order’s implementation, giving them a concrete...