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Fed's Barkin said he does not currently see wage-driven inflation.

2026-08-07

Fed's Barkin said he does not currently see wage-driven inflation.

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2026-08-07

China Maritime Safety Administration website: Beihai Maritime Safety Administration issued a navigation warning that military exercises will close parts of the Beibu Gulf (Gulf of Tonkin) to shipping from Aug 7 07:00–19:00 and Aug 8 07:00–13:00 China

China Maritime Safety Administration website: Beihai Maritime Safety Administration issued a navigation warning that military exercises will close parts of the Beibu Gulf (Gulf of Tonkin) to shipping from Aug 7 07:00–19:00 and Aug 8 07:00–13:00 China Standard Time; vessels are prohibited from entering.
2026-08-07

According to CNN: Before the war with Iran began, Chairman of the Joint Chiefs of Staff Dan Kane and other Pentagon officials warned Trump that a prolonged military operation could impact U.S. weapons stocks. Months later, with the war still ongoing,

According to CNN: Before the war with Iran began, Chairman of the Joint Chiefs of Staff Dan Kane and other Pentagon officials warned Trump that a prolonged military operation could impact U.S. weapons stocks. Months later, with the war still ongoing, Trump is unhappy with reports of the extent to which these munitions are being depleted.
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