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New US Tariffs on Foreign Medical Supplies Take Effect Today

Washington, Friday, 24 July 2026.
Effective July 24, 2026, the US finalized 10% to 12.5% tariffs on medical supplies from China and other nations to combat forced labor and boost domestic production.

Federal Reserve Enlists Tech and Business Leaders to Reshape U.S. Economic Policy

Washington, Thursday, 23 July 2026.
To modernize monetary policy, the Federal Reserve has appointed external experts, including tech pioneer Marc Andreessen, to lead new task forces targeting inflation, artificial intelligence, and economic data.

Why Millions of Social Security Recipients Will Receive Double Payments This Month

Washington, Thursday, 23 July 2026.
With August 1 falling on a Saturday, Supplemental Security Income recipients will receive their August payment early on July 31, resulting in two July checks and none in August.

FDA Advisory Panel Recommends Broader Access to Popular Healing Compound

Washington, Thursday, 23 July 2026.
On July 23, 2026, an FDA panel voted 8–6 to recommend BPC-157 for pharmacy compounding, overriding agency scientists who warned of a severe lack of human safety data.

How Clean Energy Policy Rollbacks Cost the U.S. Economy $55 Billion

Washington, Thursday, 23 July 2026.
Since 2025, federal rollbacks have caused the cancellation of over 200 clean energy projects, costing the U.S. economy $55 billion in annual growth and nearly 500,000 jobs.

European Central Bank Pauses Rate Hikes but Signals September Increase

Frankfurt, Thursday, 23 July 2026.
The European Central Bank held interest rates at 2.25%, but rising energy prices from Middle East conflicts have policymakers signaling a highly anticipated rate hike for September.

Bain Capital Debt Fund Suffers Historic European Default

London, Thursday, 23 July 2026.
Marking Europe’s first modern packaged-debt default since the 2008 financial crisis, a Bain Capital fund failed to fully repay junior investors, signaling rising pressure from high interest rates.

US Government Borrowing Costs Hit Highest Level Since January 2025

New York, Thursday, 23 July 2026.
On July 23, 2026, U.S. borrowing rates hit an 18-month high as Brent crude oil topped $100 a barrel, intensifying fears of persistent inflation and further interest rate hikes.

New Federal Reserve Chief Refuses to Rule Out Further Interest Rate Hikes

Washington, D.C., Thursday, 23 July 2026.
In his first congressional testimony, Federal Reserve Chair Kevin Warsh asserted strict independence, refusing to rule out further interest rate hikes despite political pressure and cooling inflation.

How a Historic El Niño Threatens to Reshape the Global Economy

Washington, Thursday, 23 July 2026.
A rapidly intensifying Super El Niño could trigger $3 trillion in global economic losses, severely disrupting winter energy markets and agricultural supply chains worldwide.