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Warsh's 'quieter Fed' now includes a smidgen of guidance

Federal Reserve Chairman Kevin Warsh's disdain for signaling anything about the monetary policy outlook appeared to have tempered a bit on Friday in the face of a bond market clamoring for his thoughts on high inflation and what he might do about it.Warsh, in his debut speech to the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, communicated just enough for financial markets to shift toward expecting an interest rate hike next month, in what observers saw as something of a welcome return to traditional Fed practice."Here is my standard: We must be confident that underly

California sues Trump administration over offshore wind lease cancelation

Investors heartened by Warsh inflation talk, still uncertain about Fed action

US diplomats and family members slowly begin to return to the Mideast embassies

American diplomats and at least some of their family members are beginning to return to U.S. embassies in the Middle East after many were ordered to leave their posts during the early days of the war with Iran. Although most embassies are not returning to full strength immediately, starting this week the State Department has begun to lift certain staffing and other restrictions on personnel. The changes are not necessarily reflective of a shift in the Trump administration's policy toward Iran — now focused on economic rather than kinetic military warfare. Instea

US officials backpedal on claims that government agencies were hacked by Chinese, now say they were targets

Woman dies after tree falls on camper during severe storms

Business|Economy

Brazil creates fewer formal jobs than expected in July

Brazil's economy created a net 58,568 formal jobs in July, data from the Labor Ministry showed on Friday, below the 112,000 net openings expected by economists in a Reuters poll.• The net figure accounts for 2,262,888 jobs opened and 2,204,320 closed during the period, the ministry said• Job creation was the slowest for any month so far this year and marked the weakest July performance in the government's historical series, which goes back to 2020• From January to July, a net of 972,203 formal jobs were created in Brazil, an about 21% decline year-over-year (Reporting by Victor Borges;

Spain asks EU for help processing migrants in Ceuta

What to know about the backlash against FIFA President Gianni Infantino

US News

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Trump used to say he saw a quick end to his Iran war, but 6 months later he claims he's in no hurry

President Donald Trump arrives at an awkward moment for his presidency on Friday as the U.S.-Israel war against Iran reaches the six-month mark, a notable milestone for a conflict that the Republican leader repeatedly assured Americans would be a “little excursion” lasting a matter of weeks. The war isn't over, though Trump claims that through bombs and blockade, he has already devastated Iran’s leadership, military and economy. And this week his administration said it would turn its focus to increasing economic pressure — rather than military action — t

World News

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Environment|Science|World

What new satellite images show about the destructive flooding in Nepal

Scientists investigating the cause of the devastating flash floods that tore through the Nepal-China border on Wednesday — swallowing towns, roads and bridges and causing significant loss of life — are zeroing in on the theory that the disaster was triggered by a huge glacier collapse and landslide.Nepal is a hotspot for climate disasters as the planet heats up. Vast swaths of ice up in the Himalayas are melting, and rocky mountainsides are becoming less solid and more fluid.Scientists are still working to determine exactly what caused the disaster, but here’s what we know so far.A lands

Africa|Political|Sports|World

Ugandan King Oyo Nyimba, once world's youngest monarch, dies at 34

Oyo Nyimba, a Ugandan king, who became the world's youngest reigning monarch when he took the crown in 1995, has died aged 34, the prime minister of his kingdom announced. Uganda is a republic, ruled by an elected head of state, but it has several traditional monarchies that still preside over their kingdoms as they were constituted in the pre-colonial period. Their political power is largely symbolic, but they wield enormous cultural and social influence.Oyo Nyimba Kabamba Iguru Rukidi IV was the King of Tooro, a small kingdom in Uganda's west near the border with the Democratic Republic of

After six months, the Iran war has reached its endgame - a costly stalemate

Rescues underway along Nepal-China border

Political|World

CIA chief was in Moscow to warn Russia against attacking NATO and encourage cutting off Iran

President Donald Trump’s central intelligence chief traveled to Moscow this week with a warning to Russia not to stage an attack in NATO territory, among other issues, according to two people familiar with the matter.CIA Director John Ratcliffe also used the trip, which wasn’t announced publicly, to encourage Russia to cut off economic and military support for Iran as the administration works to choke off Tehran financially.US intelligence officials in the lead up to the trip assessed that Russia was in an increasingly weak position in its war with Ukraine that could prompt it to take mili

Environment|Travel|World

About 90 Americans unaccounted for after catastrophic floods hit Nepal and Tibet

U.S. officials said about 90 U.S. citizens remained unaccounted for Thursday, a day after catastrophic flash floods engulfed a border area of China and Nepal, killing hundreds of people. A spiritual organization said that 22 Americans associated with it were unaccounted for. In a statement, the U.S. State Department said it is not aware of any U.S. deaths, but three Americans have been rescued. Many of the missing were on a pilgrimage to Mount Kailash in Tibet, a sacred site for Hindus, Buddhists and others. Social media posts were surfacing Thursday