A government report in June revealed something remarkable that had not happened in nearly 25 years. The United States Treasury reported a surplus, indicating that federal revenue exceeded expenditures for that month.
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The Office of the U.S. Trade Representative imposed new tariffs under Section 301 of the Trade Act of 1974, applying duties of 10% or 12.5% on imports from 60 economies.
US Imports First Iraqi Fuel Oil Cargoes Via Syria
The cargoes were transported overland from Iraq into Syria before being loaded onto vessels, creating an alternative supply chain for international buyers.
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Higher energy prices added to concerns about inflation, contributing to the rise in government bond yields.
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What Triggered The Latest Surge In Crude Oil Prices
Iran targeted a U.S. military base in Jordan, while U.S. Central Command said all incoming missiles were intercepted
Zuckerberg Warns Against Blocking Chinese AI
Zuckerberg's remarks come as the Trump administration debates tougher measures against Chinese AI developers
Fauci Cites Fifth Amendment During Heated Senate Hearing
Fauci appeared under subpoena just days after Paul's office released personal diary entries written during the Trump and Biden administrations' response to the COVID-19 pandemic
Watch: Zelenskyy Says Ukraine Wants To End The War, But Putin Doesn't
U.S. President Trump and the Europeans also want the war to end, Zelenskyy said.