July CPI Report Due Today — Why Economists Expect Inflation to Reverse Course After June’s Surprise Drop The Bureau of Labor Statistics releases its July Consumer Price Index report today, Wednesday, August 12, at 8:30 a.m. Eastern time — and economists widely expect it to reverse the surprisingly good inflation news from June, driven by … Read more
Wall Street Braces for Wednesday’s CPI Report as Oil Rallies on Stalled Hormuz Talks Wall Street enters this week’s trading with two major forces pulling in opposite directions: a critical July inflation report due Wednesday that could tip the scales on whether the Federal Reserve raises interest rates next month, and a fresh oil rally … Read more
Oil Tumbles as Wall Street Reacts to Trump’s Iran De-Escalation, With Jobs Report and Big Earnings Still Ahead This Week Oil prices dropped sharply to start the week after President Trump announced he had called off a planned military strike on Iran in favor of pursuing a diplomatic deal, giving markets a jolt of relief … Read more
Trump Says U.S. and Iran Are Having ‘Good Talks’ After Military Pause A new diplomatic chapter may be emerging in one of the world’s most closely watched conflicts. On July 28, 2026 (UTC−4), President Donald Trump said the United States is having “good talks” with Iran after both sides paused military operations over the weekend. … Read more
Oil Prices Fall as U.S. and Iran Pause Military Action Global oil prices dropped significantly on Monday, July 27, 2026, after the United States and Iran paused military strikes over the weekend, giving investors hope that the recent Middle East conflict could move toward a diplomatic resolution instead of further escalation. Brent crude fell by … Read more
Trump Says U.S. and Iran Are Still Talking, but No Deal Is Imminent President Donald Trump has confirmed that the United States and Iran remain engaged in diplomatic contacts, signaling that communication between the two countries has continued despite weeks of heightened military tensions across the Middle East. Speaking to reporters at the White House, … Read more
Oil Prices Hit Six-Week High as U.S.-Iran Tensions Escalate and Shipping Risks Grow Global oil markets surged on Thursday, July 23, 2026, as escalating military tensions between the United States and Iran increased fears of disruptions to some of the world’s most important energy shipping routes. Brent crude climbed to its highest level in more … Read more
Trump Orders New U.S. Measures in Strait of Hormuz as Iran Conflict Intensifies The United States announced a series of new measures aimed at strengthening its control over maritime security in the Strait of Hormuz, following another day of escalating military exchanges between U.S. and Iranian forces. President Donald Trump said Washington would take additional … Read more
U.S.-Iran Tensions Escalate Again as New Strikes Raise Global Security and Energy Concerns The security situation in the Middle East intensified over the weekend after the United States and Iran exchanged another round of military strikes, raising fears that the fragile diplomatic progress achieved earlier this year could collapse. The latest developments have drawn worldwide … Read more
U.S. Launches Major Strikes on Iran After Strait of Hormuz Attack Escalates Middle East Crisis The United States launched a new round of military strikes against Iran early Sunday after an Iranian attack on a commercial vessel in the Strait of Hormuz dramatically escalated tensions in the Middle East. According to U.S. military officials, the … Read more