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YOUTUBE (Fox News) - NEW DETAILS: US sanctions Russian bank over alleged Iran ties

American Military Project Director Will Thibeau joined 'Fox & Friends First' to discuss Secretary Scott Bessent's action against a Russian bank with alleged Iran ties and President Donald Trump's comments on the Ukraine war, saying both sides have agreed to avoid hitting energy targets. #FoxNews #DonaldTrump #Iran #MiddleEast #Russia #News Don’t just watch Fox News—be part of it. Become a Fox News Patriot today. https://youtube.com/foxnews/join

THEAMERICANCONSERVATIVE (Jude Russo) - Even If ‘Operation Economic Outcast’ Works, It Won’t End the War

What would the day after look like in the region? The post Even If ‘Operation Economic Outcast’ Works, It Won’t End the War appeared first on The American Conservative .

The Iran War The Iran War Even If ‘Operation Economic Outcast’ Works, It Won’t End the War What would the day after look like in the region? Photo by Fatemeh Bahrami/Anadolu via Getty Images I’m in a generous mood. Let’s say the newest scheme works: The latest iteration of attempted economic strangulation causes state collapse in Iran. I remain skeptical, but in my expansive goodwill, I’ll go ahead and grant the premise for the sake of argument. I’ll even grant that it happens on a manageable political timescale, oh, six months or so. What then? Some portion…Open

NYTIMES (Alan Rappeport) - Bond Market Rebukes Bessent by Sending Borrowing Costs Ever Higher

The Treasury secretary had dared “Bloomberg terminal bros” to bet against him and they did.

AMERICANALMANAC (Sadie Smith) - August inflation data strengthens the case for another Fed rate hike

Consumer prices climbed again in August, with inflation running well above the Federal Reserve's target for more than five years, and now traders see a 90 percent chance the central bank raises interest rates at its meeting next week. The Consumer Price Index rose 0.4 percent from July and 3.4 percent on an annual basis, […] The post August inflation data strengthens the case for another Fed rate hike appeared first on American Almanac .

Consumer prices climbed again in August, with inflation running well above the Federal Reserve's target for more than five years, and now traders see a 90 percent chance the central bank raises interest rates at its meeting next week. The Consumer Price Index rose 0.4 percent from July and 3.4 percent on an annual basis, the August report showed . Core inflation, which strips out volatile food and energy costs, came in at 0.3 percent for the month and 2.4 percent year-over-year. A narrower measure the Fed watches closely, services prices excluding energy and housing, sometimes called "supercore" inflation, accelerated to 0.5 percent in August, running at a 3 percent annual clip. Energy costs drove much of the headline number. Gasoline…Open

AMERICANALMANAC (Sadie Smith) - August inflation report strengthens the case for a Fed rate hike next week

Consumer prices rose at a 3.4 percent annual pace in August, well above the Federal Reserve's 2 percent target, and with real wages falling for a fifth straight month, American workers are losing ground. The August Consumer Price Index data, released Friday, showed prices climbed 0.4 percent from July alone. Core inflation, which strips out […] The post August inflation report strengthens the case for a Fed rate hike next week appeared first on American Almanac .

Consumer prices rose at a 3.4 percent annual pace in August, well above the Federal Reserve's 2 percent target, and with real wages falling for a fifth straight month, American workers are losing ground. The August Consumer Price Index data, released Friday , showed prices climbed 0.4 percent from July alone. Core inflation, which strips out volatile food and energy costs, rose 0.3 percent on the month and 2.4 percent year over year. The so-called "supercore" measure, services minus energy and housing, a gauge the Fed watches closely, accelerated to 0.5 percent in August, running at a 3 percent annual clip. The numbers land days before the Fed's policy-setting committee meets Tuesday and Wednesday. Federal-funds futures markets now price…Open

AXIOS (Neil Irwin) - The tab is coming due for America's borrowing binge

Americans are facing a rising tab as a multi-decade borrowing binge collides with a spike in energy prices caused by the Iran war. The big picture: Long-term interest rates are surging, as are consumer prices. - It's a toxic mix of near-term inflation pressures and years of fiscal imbalance. Driving the news: The yield on the benchmark 10-year U.S. Treasury note rose to 4.97% Friday, up a full percentage point since the end of February, and only a hair below its high since 2007. - The rate on a 30-year fixed-rate mortgage has risen in lockstep, reaching 7.08% Friday, per Mortgage News Daily — the highest in more than a year. State of play: The immediate catalyst Friday was an inflation report that showed consumer prices surging higher…

THENATIONALPULSE (Pulse Wires) - U.S. Mint Releases 9/11 ‘Never Forget’ Commemorative Coin.

The U.S. Mint has announced a new half-dollar coin to honor the victims of the 9/11 terrorist attacks.

The United States Mint has released a new half-dollar coin honoring the nearly 3,000 lives lost in the September 11, 2001, terrorist attacks carried out by al-Qaeda. PULSE POINTS WHAT HAPPENED: The U.S. Mint has announced a new half-dollar coin to honor the victims of the 9/11 terrorist attacks. DETAIL: The coin features the phrases “NEVER FORGET” and “IN GOD WE TRUST.” The coin also includes the date “09-11-01” and a picture of Lady Liberty. The reverse side depicts Lady Liberty passing a blazing torch, accompanied by the phrases “E PLURIBUS UNUM,” “HALF DOLLAR,” and “KNOWLEDGE IS THE ONLY GUARDIAN OF TRUE LIBERTY.” The coin was announced on Thursday by Secretary of the Treasury Scott Bessent. According to the…Open

JUSTTHENEWS (Kevin Killough) - 'Large bank' will be sanctioned as part of economic war strategy with Iran, Bessent says

The Treasury Department is waiting until Monday so as not to carry out the sanction on the anniversary of the Sept. 11, 2001, terrorist attacks.