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Analysis-Houthi advance in Yemen puts U.S. in a new bind
Yemeni Government Forces Strike Houthi Vessels in Taiz Region
Xi Sits Down With Modi on First Trip to India in Seven Years
Iraq and Iran to Jointly Investigate Drone Launchers on Border
RBI Rejects Tata Sons Plea to Nix Shadow Lender Tag, Reports Say
Bahrain Declines Participation in Iran Meeting Regarding Hormuz Strait
HDFC Bank Submits Names of Two CEO Candidates to RBI
Oil Supply Risks Rise After Saudi Pipeline Attack
Modi Seeks BRICS Unity as Global Tensions Rise
BRICS 2026: Modi Seeks Bigger Role For Global South
BRICS Countries Call for Maximum Restraint in the Middle East
Trump Signals US Wants Distance From Iran War
Iranian President Urges BRICS to Oppose Targeting of Civilian Infrastructure
Dell Technologies (DELL) Stock Reaches Record Peak as Founder Climbs to Third Wealthiest Globally
Markets Defy Logic: Stocks Surge 1% Despite Scorching Inflation Numbers
Rocket Lab (RKLB) Stock Gains Analyst Support Despite 46% Decline
GE Vernova (GEV) Stock: Is the Recent 23% Decline Creating a Strategic Entry Point?
Iraq Fires Maysan Commander After Drone Attacks on Saudi Arabia’s Pipeline
Tesla (TSLA) Semi Truck Expansion: European Launch Confirmed for 2027
Cathie Wood’s ARK Invest Pivots to Meta (META) and Rocket Lab in September Trading Activity
Nvidia (NVDA) Eyes $10B Stake in Anthropic’s Historic $2 Trillion IPO
General Motors to Develop Domestic Battery Supply Chains Amid Political Tensions
Iraqi Parliament Speaker Emphasizes State Control Over Weapons
Can Venezuela Rescue the Oil Market?
Can China’s Icicle woo global shoppers in a luxury downturn?
After the I.P.O., a Billion-Dollar Bill for Employee Paydays
Trump Criticizes Europe on Immigration, Trade, and NATO Cooperation
Iraqi Parliament Speaker Backs Urgent Investigation into Recent Attacks
Mexican Authorities Investigate Suspected Cartel-Linked Crypto Mining Operation
Iraqi Prime Minister Dismisses Police Chief in Maysan Province
Iran President and Abu Dhabi Crown Prince Hold Meeting in New Delhi
Iranian President Calls on BRICS to Address Unilateral Sanctions
HDFC Bank Submits Names of Two Candidates for CEO Role to RBI
China's Xi Urges Peace at BRICS Summit Amid Middle East Tensions
Donald Trump Voices Support for Irish Unification
U.S.-Canada trade war set to hit hard in midterm battleground states
Why a $5,000 Trump dividend check won’t solve your money woes
Nvidia (NVDA) Stock Analysis: CEO Jensen Huang Reaffirms $4 Trillion AI Market Vision
Xi Jinping Urges BRICS Nations to Uphold Historical Justice at Summit
Citi sees Fed delivering "a dovish hike" next week
Revolut Data Breach: Fraudulent Government Email Leads to Bitcoin Record Leak
Robinhood (HOOD) Crypto Trading Surges 61% Monthly But Lags 38% Behind 2025 Figures
Oil and Gas Markets Signal Winter Crisis and Rising Interest Rates
Hyperliquid (HYPE) Surges Past $82: Whale Accumulates $322M as Token Burn Accelerates
Former Anthropic Employees Resign Over AI Safety Failures, Warn of Existential Risks
War In the Middle East Crisis is Making Clothes More Expensive
Leaders Arrive At Bharat Mandapam
Trump Affirms Friendship with Saudi Crown Prince Amid Pipeline Attack Concerns
Bitcoin (BTC) Rallies Past $79K as CPI Data Shows Mixed Inflation Signals
What Many Miss Regarding the US-China Rivalry: New Economy
BRICS agrees to joint declaration in test of unity despite Mideast tensions
Trump says Iran war likely to end after midterms as Yemen fighting escalates
Maharashtra Pilots Asset Tokenization as India Embraces Blockchain for Power Grids and Bonds
Trump says Iran probably responsible for attack on Saudi pipeline
Trump Suggests Iran Likely Behind Saudi Pipeline Attack
Iran Signals Potential Shift in Nuclear Policy
Ethereum (ETH) Breaks Past $2,600 Despite Rate Hike Concerns, Reaches Multi-Month Peak
Ford Issues Recall for U.S. Vehicles Over Fuel Tank Hazard
Christine Lagarde: Europe seen from Normandy
Canadian boycott of US products pushes grocers to adapt, explore new supply sources
Iran Shifts to Offensive Military Strategy, Lawmaker States
BRICS 2026: Leaders Arrive At Bharat Mandapam
Canada seeks $1tn from investors looking for a haven from Donald Trump
News Quiz for September 12, 2026
Huawei Technologies Develops Large Language Model for Tourism Content
BRICS Members Reach Joint Declaration Condemning Unilateral War
Iran President Confirms Supreme Leader Mojtaba Khamenei is Alive
Chart of the Week: the long shadow of quantitative easing
Wall Street Economists Adjust Core PCE Forecasts Following CPI Data
US Trade Deficit Widens in July Amid AI-Related Import Surge
The US trade deficit increased significantly in July, driven by a surge in imports related to artificial intelligence technologies. This development comes as the Federal Reserve's Governor Christopher Waller indicated that he is not prepared to raise interest rates at this time, emphasizing the need for further inflation data before making any decisions.
In related economic news, the ISM non-manufacturing PMI for August reported a figure of 55.4, surpassing the estimated 54.2, suggesting stronger-than-expected growth in the services sector. Initial jobless claims for the week were reported at 206,000, slightly above the estimate of 205,000, indicating a stable labor market.
Market reactions included a rise in gold prices, which increased by $86 to reach $4,472, while the US 10-year Treasury yields fell by 2 basis points to 4.77%. The S&P 500 index also saw gains, rising by 1.05%. Meanwhile, the Japanese yen experienced a notable increase against the dollar, with USD/JPY dropping from 159.00 to as low as 155.30, prompting speculation about potential market interventions.
© 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: KLEA News