On July 29 at the White House, President Trump said the US would deliver a heavy strike on Iran after Tehran fired missiles at US forces in the Middle East, adding that 'now it's America's turn' to respond. He said Iran had urged Washington not to strike and 'knew the strike was inevitable,' and vowed the US would 'teach them a lesson.' Trump said he had been briefed on a drone attack on an LNG carrier in waters off Egypt and that 'the issue will be resolved.' He also said he hopes to add a prov

Kevin Warsh said at a press briefing that expanded Fed forward guidance can be prudent in financial crises (e.g., 2008–09) but should be reexamined in steadier economic environments. "Markets, market participants and reporters have learned to fully extract and interpret all of this information. Therefore, I think reducing reliance on forward guidance requires a transition period." He said that if officials observe a stable labor market alongside rising underlying inflation pressures, they will naturally lean toward tightening monetary policy.

China Academy of Information and Communications Technology (CAICT) data show June 2026 domestic phone shipments at 19.149 mln units, down 15.3% YoY. 5G handset shipments were 16.201 mln, down 12.1% YoY and accounting for 84.6% of total shipments.