EconomyJapan’s sharp rise in long-term bond yields is increasing borrowing costs across the economy. Households, companies and the government are being pushed to adapt to higher rates, while banks face both potential gains and risks.
EconomyJapan’s sharp rise in long-term bond yields is increasing borrowing costs across the economy. Households, companies and the government are being pushed to adapt to higher rates, while banks face both potential gains and risks.
WorldTropical Storm Edouard weakened to a tropical depression after making landfall. President Trump warned Iran against retaliation following the latest exchange of strikes, while thousands of U.S. troops arrived in Thailand after a record 280 days aboard the USS Lincoln.
WorldUS Central Command released footage it said showed missile and drone strikes on Iranian military targets. Shrapnel reportedly damaged a home in Sirik, southern Iran, during a wedding celebration, killing five people and wounding 68. Iran retaliated soon afterward; Iranian media shared video said to show missiles being fired toward Jordan.
EconomyStephen Schork, principal and editor at The Schork Group, calls replenishing the US Strategic Petroleum Reserve with Venezuelan oil “pure fantasy.” He also discusses the Trump administration’s plan to take majority ownership of more than 65 billion barrels of Venezuela’s oil reserves, US refining capacity and strategic stockpile levels.
EconomyEuropean natural gas prices climbed for a third straight day as renewed fighting between the US and Iran fueled concern that energy flows through the Strait of Hormuz could face a prolonged disruption.
PoliticsFar-right and anti-immigration parties differ widely in their economic policies. Carmel Crimmins speaks with political scientist Catherine De Vries about the economic ideas of right-wing populists as such parties lead opinion polls in Germany and France.
WorldTreasury Secretary Scott Bessent says the administration’s sanctions are intensifying economic pressure on Iran and will “asphyxiate” the regime’s economy as inflation surges in the country.
SocietyJurors in the Lindsay Clancy murder trial told the judge Tuesday that they remained deadlocked after 18 hours of deliberations. The judge sent them back to continue, but the case may be nearing a mistrial.
WorldGermany says Russia was behind an attempted drone attack at Leipzig/Halle Airport last month. The EU’s foreign policy chief said the incident bore the hallmarks of state-sponsored terrorism, prompting EU member states to summon Russian embassy officials.
SportsFox News contributor Paul Mauro discussed Tiger Woods’ plea deal in the DUI case, including a five-year driver’s license suspension.
PoliticsSaxony-Anhalt’s local election on September 6 could be a major test for the far-right Alternative for Germany. The party has set records in national and state polling but has yet to join a major coalition or take on a meaningful governing role. The vote could change that.
EconomyThe IMF and Senegal have agreed on a new $2.2 billion loan programme to support financial reforms. The deal offers relief after a large amount of undisclosed debt emerged, with the president accusing his predecessor of concealing the true scale of the budget deficit.
EconomyPrivate payrolls in the US increased by 38,000 in August, according to ADP research, below economists’ forecast of 47,000. It was the smallest increase since the start of the year.
WorldSince spring, about 6 percent of Lebanon has been occupied by the Israeli army. Around 600 French soldiers serving with the United Nations Interim Force in Lebanon continue to patrol the area, documenting violations of UN resolutions by both Israel and Hezbollah as the fragile mission’s future remains highly uncertain.
OtherHundreds of Muslims in East Kalimantan held an Istisqo prayer for rain as worsening land and forest fires on Borneo continued to produce haze. The pollution has caused respiratory illnesses and pushed thousands of schools, including in neighbouring Malaysia and the Philippines, to move classes online.
WorldIsraeli authorities are employing multiple methods to forcibly displace Palestinians from their homes and land across the occupied West Bank. In Masafer Yatta, Israel has designated areas as a firing zone, while residents say the measure is meant to drive them away and enable further illegal settlement expansion.
PoliticsResidents of Trump Avenue in Ottawa, Canada’s capital, are considering changing the street’s name amid a dispute over renaming Lake Ontario.
WorldThe conflict between the United States and Iran has sharply intensified, with US forces launching a fresh wave of strikes and Iran saying it retaliated.
SocietyEight libraries have installed panic buttons that call 911 when pressed. Staff say the added security measure is needed.
WorldTropical Storm Edouard weakened to a tropical depression Tuesday night after making landfall with heavy rain and gusty winds. Louisiana and Texas were pounded by heavy rainfall.
SportsTiger Woods is appearing in court now.
PoliticsTrump administration efforts to change how election ballots are handled face resistance from state officials, who say that with only 62 days before the midterm elections, it is too late to implement the proposed rules. Election officials and mail voting experts told CNN there is no practical way to comply with the Postal Service’s plans, regardless of court challenges and opposition.
WorldUS Treasury Secretary Scott Bessent said the Strait of Hormuz route will eventually be bypassed and become “worthless.” His comments came after a sharp escalation in the US-Iran conflict, with US forces launching a fresh wave of strikes and Iran saying it had retaliated.
WorldThe US-Iran conflict has escalated sharply, with American forces launching a fresh wave of strikes and Iran saying it retaliated. President Donald Trump played down the prospects of a deal, saying on Truth Social that he was “not trying to force Iran to the bargaining table.”