Former U.S. President Donald Trump said on Wednesday he refused to answer questions during an appearance before New York state's attorney general in a civil investigation into his family's business practices, citing his constitutional right against self-incrimination.
- Macro MattersU.S. inflation eases as the cost of gasoline plunges
U.S. consumer prices were unchanged in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for weary Americans who have watched inflation climb over the past two years.
- MarketsS&P, Nasdaq jump 2% as cooling inflation eases rate hike bets, article with image
Wall Street's main indexes rose more than 1% on Wednesday after data showing a slower-than-expected rise in inflation in July prompted traders to cut their bets on another super-sized rate hike by the U.S. Federal Reserve.
- WorldU.S. charges Iranian in plot to murder ex-Trump adviser John Bolton
The United States charged a member of Iran's elite Revolutionary Guard Corps on Wednesday with plotting to murder John Bolton, a national security adviser to former President Donald Trump.
Talking Points
- U.S. Republicans prepare consumer watchdog, SEC probes as mid-term elections loom, article with imageUnited States ·
August 10, 2022 · 10:30 AM UTC U.S. Republican lawmakers are preparing a crackdown on the U.S. consumer and securities watchdogs in the expectation they will gain control of a key congressional committee following the November mid-term elections, according to a dozen financial lobbyists, congressional staffers and lawmakers.