The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy.
- WorldKremlin calls accusations it killed Wagner boss Prigozhin an 'absolute lie'
The Kremlin also declined to definitively confirm Russian mercenary boss Yevgeny Prigozhin's death, citing the need to wait for test results.
- World
Trump still dominates, no DeSantis bounce from Republican debate, Reuters/Ipsos poll shows
Trump still leads Ron DeSantis by nearly 40 percentage points in the nomination race.
- LegalTexas judge blocks state ban on gender-affirming care for minors
Republican Governor Greg Abbott in June signed the law, which would ban care including puberty blockers, hormones and surgery for trans minors.
