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Dollar moves in a narrow range ahead of inflation data, Jackson Hole

The dollar was rangebound in early Asian trading on Wednesday as an uneasy calm hung over currency markets, with investors awaiting inflation reports from major economies including the U.S. ahead of the Jackson Hole symposium this weekend. The greenback remained pinned in the narrow trading range it has sat in for the past week against most of its major peers ahead of the release of PCE data for July later on Wednesday. "Signs of Middle East de-escalation, including plans to return U.S. diplomatic staff to the region and efforts to reopen the Strait between Iran and Oman, weighed on oil pri

Trump gets a much-needed South Carolina win and other takeaways from Tuesday’s elections

Darline Graham wins South Carolina Republican primary runoff for US Senate

Australia inflation tops forecasts in July, adds to rate risk

Australian consumer prices rose more than expected in July as fuel and travel costs jumped, data showed on Wednesday, while core inflation also exceeded forecasts and added to the risk of another hike in interest rates.The Australian dollar edged up 0.1% to $0.7171, while three-year government bond futures trimmed an earlier rally to be flat at 95.44. Market participants nudged up the chance of a rate hike from the Reserve Bank of Australia next month to 27% from 17%, while a move by February next year is priced at 80%.Data from the Australian Bureau of Statistics showed its monthly consumer

Trump has submitted civil nuclear agreement with Saudi Arabia to Congress for review, AP sources say

US military says it killed four in strike on alleged drug-smuggling boat in the Caribbean

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Trump sends Saudi nuclear deal to Congress but says Riyadh must recognize Israel

President Donald Trump has sent Congress a proposed agreement with Saudi Arabia on civil nuclear energy while insisting the pact will only go into effect if the kingdom normalizes relations with Israel, a U.S. administration official told Reuters on Tuesday. The agreement, which was reached in July and would allow U.S. companies to export civilian nuclear technology to the kingdom, was sent to Congress on Monday, according to the U.S. official, who declined to be identified. The Saudi embassy in Washington did not immediately respond to a request for comment.It was not clear how Trump expects

Deloitte to pay $21.5 million to settle US government probe over DEI

3 Secret Service officials placed on leave amid misconduct investigation

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Dolly Parton was the one person who could unite a deeply divided country

At a time when no American celebrity seems immune from the country’s many divisions, Dolly Parton was a crossover icon who stayed neutral in the culture wars while still speaking her mind.Her style was adopted by the LGBTQ community and is celebrated in drag shows.She starred in a feminist comedy and became an icon for feminists, but didn’t use that word to describe herself. She preferred “woman in business.”She laughed about her plastic surgery and said the joke was on the public.She talked about her deep faith and lent her name to a wholesome family-friendly theme park in her home st

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Trump administration threatens to demolish Kennedy Center if renovations aren’t allowed

The Kennedy Center may need to be demolished and replaced with an open-air performance space if its current building cannot undergo extensive renovations, lawyers for the venue said in court papers on Monday.Citing efforts by President Donald Trump to shutter the historic performance arts venue for a years long renovation, the lawyers told a federal judge that without that work, the center “will deteriorate further into an unsafe, decrepit structure that will be required to be taken down.”They said that decisions would then need to be made “on what to build on the site, such as a large o

Sen. Darline Graham wins GOP primary runoff to replace her late brother in US Senate

A Montana man killed 8 relatives, including 4 kids, at Sunday dinner, family says

Falling oil prices help calm the stock and bond markets

Oil prices fell again on Tuesday, which helped ease worries in the bond market and support stock prices. The S&P 500 rose 0.3% and edged a bit closer to its all-time high set earlier this month. The Dow Jones Industrial Average added 160 points, or 0.3%, and the Nasdaq composite climbed 0.7%. Some of the strongest action was in the oil market, where the price for a barrel of Brent crude fell 3.6% to $87.27 for a second decline following 13 gains in 14 days. The drop came even though tensions between the United States and Iran seemed to ratchet higher after t

Arts|Celebrity|Entertainment|US

Dolly Parton, queen of country music and humanitarian hero, dead at 80

Dolly Parton, who rose from humble beginnings to the greatest heights of American music and became one of the country’s most philanthropic, unifying and beloved stars, died Tuesday in Nashville, according to a family statement. She was 80.The statement said Parton died “peacefully.” A small, private service will be held for her close family, the statement added.Parton died “after bravely facing a brief battle with cancer,” her publicist Marcel Pariseau later said.The star had been open about various health issues in the last two years, and especially after her husband Carl Dean died

Exclusive: Justice Department considers bringing charges against ICE officer in Minneapolis shooting

Lake America? Trump mulls renaming Lake Ontario, expresses love for French Canadians amid trade war

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Fact check: Trump keeps making stuff up about Canada

President Donald Trump keeps attacking Canada with fiction instead of fact.Throughout his on-again, off-again trade war with Canada, which has erupted again this week, Trump’s criticism of the US neighbor has been filled with lies – a remarkable variety of assertions that either wildly distort a kernel of truth or are just plain made up.Among other things, the president has falsely claimed that the Canadian public likes the idea of becoming the 51st US state, which is overwhelmingly unpopular with the Canadian public; that Canada is one of the world’s highest-tariff countries, though it

Economy|World

Trump admin moving to revoke visas from potentially hundreds of thousands of asylum seekers

The Trump administration is moving to revoke visas from potentially hundreds of thousands of foreigners who have applied for or are seeking asylum in the United States.The planned action would go after people who came to the US on temporary visas for reasons like tourism or business and then sought asylum to remain in the country long term. It comes as the Trump administration has aggressively sought to both prevent immigrants from coming to the US and to remove those who are already in the country.A source familiar with the matter did not dispute that the action could impact 200,000 foreigner

Father of Navy sailor aboard USS Lincoln released from immigration custody

Iran and Oman hold talks on managing the Strait of Hormuz and other news from around the Middle East

Business|Economy|Environment|World

Nevada sues the Trump administration over ‘catastrophic’ water cuts as the Colorado River spirals into crisis

Last week the Trump administration announced major cuts to the water Arizona, California and Nevada can take from the drought-stricken Colorado River; this week Nevada sued, calling the plan “fundamentally flawed.”It marks what could be the first of many complex and lengthy legal wrangles over the crucial waterway — and is yet another sign of how fraught water sharing is becoming on a hotter, drier planet.On Friday, the Department of Interior released its operating guidelines, requiring water cuts of roughly 20% across the three so-called lower basin states over the next two years. Even

Russia’s infrastructure is being pummeled by Ukrainian strikes. Now Putin wants to seize control of it

Russian President Vladimir Putin has signed a decree giving the government powers to temporarily take control of “critical infrastructure” across the country, if private owners fail to protect it from escalating Ukrainian attacks.The new measure comes as Moscow and Kyiv ramp up their air campaigns, with Ukrainian strikes deep into Russian territory sparking fuel shortages and bringing the war closer to home for ordinary Russians.Kyiv has stepped up attacks in recent days on Ozon logistics hubs in Russia – a competitor to the frequently targeted e-commerce giant Wildberries – as it seek

CIA director makes unannounced visit to Moscow to meet with Russian officials, source says

Prosecution's final witnesses at Lindsay Clancy's murder trial challenge postpartum psychosis claim

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Iran and Oman hold talks on managing the Strait of Hormuz and other news from around the Middle East

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As elections near, Netanyahu casts Turkey as Israel’s latest enemy

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French has become a sticking point in the Canada-US trade dispute. Here’s why

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Secret Service aware of Iranian state media video threatening life of Barron Trump

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Iran vows to resist widened US sanctions, says Washington seeks talks

Iran denounced on Tuesday expanded U.S. sanctions aimed at isolating its economy as an act of "gross lawlessness", expressing

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New York City minority business owners sue Mamdani in bid to stop city-run grocery store plan

Business|Economy|Food

Chicken nuggets are next on Burger King’s reinvention plan

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Jeffries defends himself following criticism for meeting with Jared Kushner

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Nevada sues to block Trump administration's Colorado River plan

Nevada sued the Trump administration on Monday to block its plans for slashing water supplies from the drought-stricken Colorado River, saying it

California Orange County DA announces $100 million for 50,000 evacuated residents in GKN incident

A district attorney in California said on Monday his office has concluded a criminal probe into a GKN Aerospace factory and announced a claims program of up to $100 million for more

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls