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According to the Iranian news agency IRNA, the governor of Bushehr province in Iran said that two explosions were heard earlier in the day in Bushehr, amid ongoing attacks by the United States, and the situation is still under further investigation.

2026-07-17

According to the Iranian news agency IRNA, the governor of Bushehr province in Iran said that two explosions were heard earlier in the day in Bushehr, amid ongoing attacks by the United States, and the situation is still under further investigation.

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2026-07-16

The Philadelphia Fed Manufacturing Index for July came in at 41.4, the highest level since November 2021.

The Philadelphia Fed Manufacturing Index for July came in at 41.4, the highest level since November 2021.
2026-07-16

The IMF warned incoming UK prime minister Andy Burnham that hiking the top income tax rate would curb employment and harm the economy, and said higher taxes on lower‑income groups would be a preferable alternative. In its annual Article IV assessment

The IMF warned incoming UK prime minister Andy Burnham that hiking the top income tax rate would curb employment and harm the economy, and said higher taxes on lower‑income groups would be a preferable alternative. In its annual Article IV assessment it said VAT and property taxation are already above international averages and wealth taxes are hard to collect, while overall labor tax receipts remain slightly below G7 peers but account for nearly half of government revenue, making labor taxation a clear adjustment lever. The IMF cautioned that further tax increases on high earners could be counterproductive because their tax burden is already heavy and scope to raise rates is limited.
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