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Stocks waver after CPI report while oil prices jump as fighting flares in the Middle East

NEW YORK (AP) — U.S. stocks futures wavered after a report showed that inflation at the consumer level cooled significantly in June. Meanwhile, oil prices rose again Tuesday as fighting inte...

Inflation cools more than expected in June as gas costs fall, underlying prices ease

WASHINGTON (AP) — U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled more than...

Subpoenas issued to NY Times reporters seen as 'unprecedented' threat to press freedom

Dangerous. Brazen. Unprecedented. Uncharted territory. Reaction in the media world has been swift and severe to the issue of subpoenas to five New York Times journalists who reported on sec...

The Latest: Supreme Court justices set to testify in rare appearance before Congress

Weeks after the end of a historic term, Supreme Court Justices Elena Kagan and Amy Coney Barrett will make a rare appearance before Congress on Tuesday at 10 a.m. ET. The justices could face...

Ukraine downs 5 Russian ballistic missiles as Kyiv looks to harden its air defenses

KYIV, Ukraine (AP) — Ukraine's air force said Tuesday it intercepted five ballistic missiles launched by Russia in a raft of overnight attacks, although other missiles and drones got through...

Warsh says Fed has 'no tolerance' for high inflation but provides no hints on next move

WASHINGTON (AP) — Federal Reserve Chair Kevin Warsh pledged to make high inflation “a thing of the past” in his first congressional testimony Tuesday, yet provided no signal about the centra...

Death toll from a Bangkok music bar fire rises to 30, dozens remain in hospital

BANGKOK (AP) — The death toll from a huge fire in a Bangkok music bar has increased to 30, officials said Tuesday, as the investigation into the blaze proceeded while relatives of the victim...

Darline Graham Nordone, sister of Lindsey Graham, chosen to fulfill remainder of his US Senate term

COLUMBIA, S.C. (AP) — Lindsey Graham’s sister, Darline Graham Nordone, has been named as his temporary replacement in the U.S. Senate after his unexpected death over the weekend. South Caro...

China's June exports surge 27% from a year earlier as AI boom drives strong demand

HONG KONG (AP) — China’s exports accelerated in June, jumping 27% from a year earlier thanks partly to the boom in artificial intelligence, the customs agency said Tuesday. The increase in ...

Iran executes 2 Islamic State members convicted of armed rebellion

TEHRAN, Iran (AP) — Two members of the Islamic State group were executed after they were convicted of armed rebellion against the Islamic Republic, Iranian state television reported Tuesday....

Bahrain sounds missile alert siren as Iran retaliates for US strikes

DUBAI, United Arab Emirates (AP) — Bahrain sounded its missile alert siren for the third time Tuesday morning as Iran retaliated over U.S. strikes targeting it. The island kingdom, home to t...

Supreme Court justices to testify before Congress on increasing security funding in rare appearance

WASHINGTON (AP) — Supreme Court Justices Elena Kagan and Amy Coney Barrett will make a rare appearance before Congress Tuesday, weeks after the end of a historic term. The justices are appea...
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