Cuban state media reports the national power grid has collapsed.

Federal Reserve Chair Kevin Warsh said he does not want monetary policy to tilt toward one generation if it undermines affordability for first‑time homebuyers.

July 14 — Iran’s deputy foreign minister said passage through the Strait of Hormuz is of little importance to the U.S., a point he said President Trump has acknowledged, but added Washington does not want Iran to exercise de facto sovereignty there. He said Iran never left the negotiating table, accused the U.S. of tearing up the Islamabad memorandum of understanding, and said Iran will not be the first to bow and request talks with the U.S.