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An Iranian security official said Trump’s claim that the United States has protected the Strait of Hormuz for 50 years is purely an illusion.

2026-07-13

An Iranian security official said Trump’s claim that the United States has protected the Strait of Hormuz for 50 years is purely an illusion.

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2026-07-14

Federal Reserve Governor Waller: If inflation data falls again, I would need to see similar performance for several more months before I can consider it a trend signal. That would be a useful signal.

Federal Reserve Governor Waller: If inflation data falls again, I would need to see similar performance for several more months before I can consider it a trend signal. That would be a useful signal.
2026-07-14

CNN reported President Trump on Monday described the U.S. restart of strikes on Iran as a "military conflict", denied it marked a new long-term phase and refused to set a timeline for how long the fighting would continue. He said U.S. actions have su

CNN reported President Trump on Monday described the U.S. restart of strikes on Iran as a "military conflict", denied it marked a new long-term phase and refused to set a timeline for how long the fighting would continue. He said U.S. actions have substantially degraded Iranian capabilities but that Iran would continue to resist, and noted the campaign has already exceeded the administration's initial four-to-six-week timetable. Trump offered no exit plan, compared the operation's four-month duration to Vietnam's 19-year war, and said he ultimately expects to negotiate with Iran while acknowledging a near-term deal is unlikely.
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