The prospect of a reopened Strait of Hormuz and a pending U.S.-Iran peace deal could help ease the big inflation risk hanging over Kevin Warsh 's first Federal Reserve meeting as chairman. - "Ships are starting to move, many loaded up with Oil, out of the Strait of Hormuz," President Trump said Monday morning in a post on Truth Social . Friction point: Lingering disruptions to shipments of oil, fertilizer and other industrial inputs could keep inflation concerns alive at the Fed. What they're saying: "Sailing through the strait will remain riskier and more costly than before the war," Oxford Economics' Ben May wrote in a note Monday morning. - May noted that damage from underwater mines or a sudden re-escalation of the conflict will keep…
The White House imposed export controls on Anthropic's latest models, Fable 5 and Mythos 5 on Friday, raising questions about how far the government is willing to go to regulate AI
President Trump has unveiled the plans for what he called a “spectacular” rally in Washington on July 4, when the nation will celebrate its 250th birthday. “On July 4th, at The Lincoln Memorial and Washington Monument, in beautiful and safe Washington D.C., we are going to host the most spectacular TRUMP RALLY of them all, a ‘TRIBUTE TO AMERICA,’” Trump said Monday in a Truth Social post. #donaldtrump #4thofjuly #celebration #250
Robb Pitts, Fulton County Board of Commissioners chairman, responds to a new Republican effort demanding Georgia allow bipartisan observers into its election night reporting.