NEW: ๐บ๐ธ Fed Chair Kevin Warsh stands ready to hike interest rates this September should inflation data exceed expectations.
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NEW: ๐บ๐ธ Republican Rep. Dan Crenshaw is drawing criticism for telling Americans struggling with inflation to "stop whining, get a job, eat Ramen." The directive comes as financial disclosures reveal Crenshawโs personal net worth has surged by an estimated 65% to $1,340,000 during his seven-year career in Congress.
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NEW: ๐ฎ๐ท The Iranian Parliament is officially reviewing a bill to ban U.S. and Israeli vessels from transiting the Strait of Hormuz, a move targeting one of the world's most critical maritime chokepoints.
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NEW: ๐บ๐ธ U.S. mortgage rates have surged to their highest level in more than a year.
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NEW: ๐บ๐ธ The United States confirms that today's North Korean missile launch poses no immediate threat.
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NEW: ๐บ๐ธ The probability of Anthony Fauci facing criminal charges has surged following a Senate vote to hold him in contempt of Congress.
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NEW: ๐บ๐ธ The United States has reportedly intervened to block a major Israeli military response in Lebanon, asserting that Hezbollah has not violated the terms of the ceasefire.
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NEW: ๐จ๐ณ China now commands 28% of global manufacturing output, officially eclipsing the combined industrial scale of the United States, Japan, and Germany.
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NEW: ๐จ๐ณ China now commands 28% of global manufacturing output, officially surpassing the combined industrial scale of the United States, Japan, and Germany.
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NEW: ๐ช๐บ The European Union is set to transfer $1.62 billion to Ukraine, utilizing interest profits generated from frozen Russian assets.
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NEW: ๐บ๐ธ US oil imports from Saudi Arabia have plummeted to zero, marking a historic milestone not seen in 40 years.
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NEW: ๐บ๐ธ A U.S. official has confirmed that vessels transiting the Strait of Hormuz will not require permits or approvals.
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NEW: ๐ฎ๐ท Iran reports striking "hostile targets" in the Strait of Hormuz.
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NEW: ๐ฎ๐ท The Iranian President declares that the United States has applied "maximum" economic pressure against the nation.
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NEW: ๐ฎ๐ท Iranโs parliament is formally reviewing a proposal to ban all U.S. and Israeli vessels from the Strait of Hormuz and implement mandatory transit fees for all other ships.
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NEW: ๐ธ๐ฆ A Saudi official warns that Iran is plotting attacks against the Kingdom.
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NEW: Turkey, Saudi Arabia, and Pakistan are set to formalize a major joint defense agreement today, marking a significant strategic shift in regional military cooperation.
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NEW: ๐บ๐ธ President Trump signals major progress on a deal to reopen the Strait of Hormuz, reporting the agreement is "moving along good."
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NEW: ๐บ๐ธ Senate leadership has officially postponed the vote on the Crypto Clarity Act, delaying further action until after the summer recess.
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NEW: ๐ท๐บ Russian media outlets report they have obtained documentary evidence proving NATO was directly involved in strikes against Russia.
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