Why the Federal Reserve May Be Powerless to Stop Inflation

Washington, Monday, 6 July 2026.
As Kevin Warsh takes over the Federal Reserve, economists argue the central bank cannot control inflation, as global supply chains and AI-driven productivity actually dictate market prices.

How Housing and Transportation Consume Half of the Average American Budget

Borrowing Costs Edge Downward as Mortgage Rates Hit a Seven-Week Low

Wall Street Braces for Corporate Earnings Reports Amid Technology Stock Volatility

Severe Flooding Shuts Down Major Chicago Highways and Cuts Power to Thousands

Delta Flight Struck by Firework During July Fourth Landing in Chicago

Chicago, Monday, 6 July 2026.
After a Delta flight was struck by a firework at just 61 meters altitude, Chicago air traffic controllers warned incoming pilots they were landing in a “war zone.”

Luxury Hair Care Brand Recalls Popular Shampoo Over Contamination Concerns

Sony Blocks Upcoming Marvel PC Game in 132 Countries

Charles Leclerc Secures Dramatic British Grand Prix Victory for Ferrari

Top Law Firm Launches Wave of Class-Action Lawsuits Against Major Corporations

Virginia Clears the Way for Legal Recreational Marijuana Sales in 2027

Richmond, Sunday, 5 July 2026.
Virginia has finalized plans to launch legal recreational marijuana sales in July 2027, making it the first Southern state to do so, while immediately tightening rules on hemp products.

FIFA Lifts U.S. Star Folarin Balogun's World Cup Suspension After Presidential Appeal

White House Labels Smithsonian Leaders as Political Activists in New Report

Crucial Michigan Debates This Week to Signal State's Economic Future

Questions Grow Over Senator Mitch McConnell’s Health After Extended Hospitalization

Canada Proposes New Oil Pipeline to Supply Asian Markets

Ottawa, Sunday, 5 July 2026.
Seeking independence from US trade pressures, Canada has proposed a new C$35 billion pipeline to deliver one million barrels of oil daily to Asian markets.

How Europe's Military Spending Boosts Regional High-Tech Economies

Postwar Inflation Pushes Iran’s Economy to the Brink of Collapse

Commercial Ships Abruptly Divert to Iranian Waters in Vital Oil Gateway

Japanese Workers Secure Third Straight Year of Five Percent Wage Hikes

Over One Hundred Arrested After Holiday Celebrations Turn Violent in Newport Beach

Newport Beach, Sunday, 5 July 2026.
A chaotic Fourth of July in Newport Beach resulted in over 100 arrests and injured officers after crowds clashed with police and looted a local grocery store.

Rickie Fowler’s Brilliant Holiday Round Shakes Up the John Deere Classic

Arizona Diamondbacks Debut Apple Pie Nachos to Drive Holiday Stadium Sales

Brandon Jones Surges From Behind to Win Dramatic Chicago Race in Overtime

France Midfielder Aurélien Tchouaméni Ruled Out of Crucial World Cup Match Against Paraguay