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U.S. inflation "stepped up further this spring" as the evolving impact of tariffs, a war-related rise in energy costs, and the booming artificial intelligence buildout boosted price pressures that took root last year, the Federal Reserve said on Friday in a monetary policy report to Congress. "Inflation has risen this year and remains elevated relative to the Federal Open Market Committee's longer-run objective of 2%," with the most recent data showing the U.S. central bank's preferred Personal Consumption Expenditures Price Index running about double that rate as of May, the report said.By

Fed report cites 'stepped-up' inflation due to tariffs, Iran war, AI buildout

Meta AI image detector fails to identify some of its own cropped AI images, Reuters analysis finds

Fatal shooting during Houston traffic stop renews public scrutiny of ICE

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Georgian opposition politician sentenced to 13 years on terrorism charge

A Georgian opposition politician was sentenced to 13 years in prison on Friday after being convicted on a terrorism charge for attempting to set fire to a court building in the capital last year, the Interpress news agency reported.The court said Aleko Elisashvili, a founder of the Citizens party, broke into Tbilisi City Court's chancellery building in November 2025 by smashing a window with a hammer, then poured gasoline inside and attempted to set the building alight. Elisashvili, who pleaded not guilty and said he was protesting against a government crackdown on the opposition, was convict

Trump admin strikes $26 million settlement deal with Keystone Pipeline operator for 2022 oil spill

The Latest: Defense lawyers question reliability of evidence in killing of Charlie Kirk

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South Korea, Taiwan lead $46 billion emerging market equity exodus in June

A sharp retreat from tech-heavy equities in South Korea and Taiwan fuelled net emerging market stock outflows of $46.1 billion from foreign investor portfolios in June, banking trade group data showed, contributing to a second straight month of overall portfolio losses for developing economies.The monthly report from the Institute of International Finance said on Friday foreign investors pulled $30.5 billion from South Korean stocks - the biggest outflows in more than 25 years - while Taiwan equities bled $18.3 billion. However, the report showed a sharp split between equity and debt flows, w

How the absence of Iran's new supreme leader is becoming a liability for the Islamic Republic

Namibia secures China deals on infrastructure, mining and energy with state visit

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Trump says he won’t sign housing bill that’s set to become law at midnight

President Donald Trump said Friday that he will not sign a bipartisan housing bill in protest of Republicans’ inability to advance separate elections overhaul legislation, dealing a major political blow to vulnerable lawmakers in his own party.The housing bill is set to become law at midnight even without Trump’s signature. But GOP leaders had originally hoped to tout the moment as a historic economic achievement ahead of midterm elections that are likely to be defined by Americans’ concerns over the cost of living.Instead, the sweeping legislation will now advance with minimal fanfare f

Health|US|World

McConnell was loaded into ambulance on a stretcher, according to eyewitness and new video

Emergency responders took Sen. Mitch McConnell to an ambulance on a stretcher after being called to his home last month for a report of an unconscious person, according to new video of the incident and an eyewitness account.A neighbor of McConnell told CNN that they opened their door to find commotion outside their home at around 8:30 a.m. on June 14, with two ambulances a fire truck and Capitol Police officers blocking the entire street.Videos taken by the neighbor show emergency responders wheeling a person on a stretcher toward an ambulance. The videos are shot from some distance, and the f

Trump fires Election Assistance Commission leaders

Trump fires Election Assistance Commission members ahead of midterms

Crime|Election|Political|US

Victor Marx, a self-described ‘high-risk humanitarian,’ will win GOP nomination for Colorado governor, CNN projects

Marine veteran Victor Marx, whose wild claims – including saying he was forced to kill a man at age 7 – have drawn widespread attention and significant skepticism, will win the Republican nomination for governor in Colorado, CNN’s Decision Desk projects.Marx, a ministry leader and martial arts enthusiast with a devoted social media following, prevailed over two more experienced rivals, state Sen. Barb Kirkmeyer and state Rep. Scott Bottoms, both of whom have said they wouldn’t endorse him if he’s the party’s nominee.He faces difficult odds, however, in the general election to succe

Crime|US|World

Suspect in Kirk killing expressed regret after shooting, roommate says

The former roommate of Tyler Robinson, who is accused of assassinating conservative activist Charlie Kirk, told prosecutors that Robinson expressed regret a day after the killing and planned to hand himself over to police, according to a video interview played in court on Thursday.The recorded interview with Robinson's former roommate and romantic partner, Lance Twiggs, was presented as prosecutors tried to convince a Utah judge they have sufficient evidence against Robinson to warrant a trial -- part of a week-long hearing that has featured lengthy back-and-forth arguments about what evidenc

Nolan Wells’ body was found after a July 4 boat trip. His death has fueled speculation, grief and racial tension

Inside the insurgent rise and rapid downfall of Graham Platner’s campaign

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Passenger sucked out of airplane ‘to his shoulders’ after window breaks

A passenger on a Ryanair flight was sucked halfway out of the plane after the window he was sitting next to became dislodged in midair.The budget airline flight to Memmingen in Germany was forced to return to Thessaloniki in Greece, from where it departed on Friday morning, after a window broke soon after takeoff.The unidentified man is thought to have been sitting by the window when he was suddenly pulled out, head-first and up to his shoulders, according to Greek public broadcaster ERT. Fellow passengers managed to hold him down and stop him being dragged out further, the outlet reported.The

Crime|Health|Political|World

Child’s rape and murder in India sparks mob and police killings

The shocking rape and murder of a girl in eastern India has sparked widespread unrest that led to the mob-killing of an innocent man and police killing their main suspect in custody.The grim chain of events lays bare the nation’s problems not only with sexual violence, but also with attempts to bring perpetrators to justice.On Sunday, the child’s body was pulled from a pond in the city of Baruipur in West Bengal state, according to local media reports. She was believed to be either 11 or 12, according to news reports.Her family had reported her missing the day before, the reports said. Ind

Elon Musk’s plans refer to an idea conceived in the 1960s. What is the Kardashev scale?

Soccer-Mission creep: FIFA's embrace of technology backfires in controversy-riven World Cup

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Men who witnessed deadly Houston shooting say ICE statement is false, attorney says

Federal officials’ version of what led to the fatal shooting of a man in Houston during an immigration operation this week doesn’t match that of three men detained during the incident, an attorney who spoke with them says.Immigration and Customs Enforcement officials have said an agent opened fire Tuesday after Lorenzo Salgado Araujo, a 52-year-old Mexican national, rammed a law enforcement vehicle and refused to follow verbal commands during a traffic stop that was part of a “targeted operation.”But the three men who were detained told attorney Hugo Balderas-Ibarra the version of even

Environment|Health|Science|World

Victims of Spanish wildfires killed while trying to escape along river bed ‘trap’

At least 12 people have been killed in one of southern Spain’s worst-ever wildfires, local officials said Friday, as dozens remain missing and tragic stories emerge of victims’ attempts to flee the inferno.Around 150 emergency workers were deployed to battle the forest fire near the town of Los Gallardos on the Costa de Almería, where several residents had been evacuated from their homes, a statement from the regional government of Andalusia said.“The most devastating fire to date in our region,” said Antonio Sanz, the minister for health and emergencies in the region, which is popula

Quills and conflict: How protection in the Strait of Hormuz is bought and sold

Twelve people killed as firefighters battle ‘the most devastating fire to date’ in Spain

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Jet fuel costs have plunged. Here’s why Delta says cheaper flights aren’t on the way

Business|Crime|Economy|Europe|Political

British police investigate donations to Farage's Reform party

British police are investigating at least £500,000 ($671,000) in donations to Nigel Farage's populist Reform UK party made by the mother of a close

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Wall Street banks rule on staff betting on prediction markets, sources say

Wall Street banks have added rules on prediction-market betting to their employee codes of conduct, with some barring employees from bets on contracts linked to financial markets

Business|Economy|Finance|Stock Markets|Technology

A once-obscure chip maker has landed the largest US listing by a foreign company

Business|Economy|Environment|Political|World

US EPA proposes easing Biden heavy-truck emissions rules

The U.S.

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Mortgage rates are stuck near 6.5%. A new housing law may make buying easier – eventually

News outlets urge a judge to sanction OpenAI in a high-stakes AI copyright fight

Crime|Europe|Political|World

Turkey's Erdogan gives NATO leaders revolver conundrum after summit

Belgium's prime minister was a little surprised on landing back home from Wednesday's NATO summit in Turkey to find that he had a handgun and ammunition in his luggage.

Economy|Political|World

Iran says it hits U.S. military targets in Gulf, buries slain leader Khamenei

Iranian armed forces launched attacks on U.S. military infrastructure in Gulf states on Thursday following U.S. strikes on

Election|Europe|World

Farage left fighting a trash can as the UK populist leader’s election gamble backfires

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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