US inflation holds at 3.7 percent in July, above Fed target
Inflation has worsened since the US and Israel attacked Iran, sending energy prices spiralling.
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CEO pay skyrockets in 2025 amid growing income inequality in the US
Elon Musk earned 2.5 million times more than a Tesla worker’s median pay in 2025, despite revenue and sales declines.
Paramount Skydance mulls CNN sale amid antitrust merger challenge
Paramount’s legal officer hints at CNN sale as 12 states, led by California, file lawsuit to block merger with WBD.
Clacton by-election: Farage may win the town, but can he win the country?
Reform UK leader is set to claim victory over the seaside town that adores him, but the party’s popularity is in doubt.
Oil prices rise as attacks dent hopes for Strait of Hormuz reopening
Brent crude climbs as renewed violence dampens hopes for a return to stability in energy markets.
Oil prices, stocks surge as Hormuz closure drags on
US petrol prices dropped nine cents last week but could again surge if the strait closure continues, analysts warn.
Oil prices climb as Iranian demands cloud outlook for Strait of Hormuz
Brent crude prices rise as Tehran says critical waterway will not reopen without major US concessions.
SpaceX shares slide on the heels of first quarterly report
The stock was down more than 13 percent as investors were spooked by the company’s heavy investments.
EXPLAINER
Why the Trump administration is helping support Japan’s weakening yen
Washington and Tokyo’s rare coordinated intervention aims to avoid spillover to global financial system.
US stock market hits record high amid hopes for Strait of Hormuz reopening
Oil prices fall as US officials tout progress in talks to reopen critical waterway.
Elon Musk’s SpaceX reports losses but less than expected
Revenue was up more than 90 percent from the same period a year ago, beating analyst expectations.
