A cease-fire deal in Gaza could prevent Iran from attacking Israel, President Joe Biden said. But the president said efforts to reach a cease-fire are "getting hard." Oil prices jumped earlier this week on Iran-Israel tensions, but have since pulled back as softening demand in China weighs on the market.

Oil prices fall after Biden says Iran could refrain from attacking Israel if cease-fire reached

The U.S. crude oil benchmark fell as an expected attack by Iran on Israel has not materialized. Concerns about the strength of global oil demand are also weighing on the market. U.S. crude oil prices fell 2% on Tuesday, as slowing global demand overshadows tensions between Iran and Israel. The...

U.S. crude oil falls 2% as slowing global demand overshadows Iran-Israel tensions

Crude oil stocks, not including the SPR, stood at 430.7 million barrels on August 9, according to the EIA. U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 1.4 million barrels from the week ending August 2 to the week ending August 9, according to the U.S. Energy Information Administration’s (EIA) latest weekly petroleum status report.

USA Crude Oil Inventories Rise WoW

Gold prices pared gains on Thursday as the dollar and Treasury yields rose after stronger-than-expected U.S. economic data that could influence the size of interest rate cuts from the Federal Reserve. Spot gold inched higher 0.3% at $2,455.79, after rising as much as 0.9% earlier in the session. U.S. gold...

Gold pares gains as dollar, bond yields climb after strong U.S. data

Reuters

ISTANBUL (Reuters) - The United States is asking Turkey and other allies that have ties with Iran to persuade it to de-escalate tensions in the Middle East, the U.S. ambassador to Turkey said.

United States asking Turkey to prevail on Iran to de-escalate tensions, envoy says

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

War History Online

The Mikoyan-Gurevich MiG-25 was designed to give the Soviet Union an edge against the West at the height of the Cold War.

After Defecting to the West, A Pilot Revealed the Secrets of the Soviet Union's Biggest Secret Weapon

A proposed class-action lawsuit alleges that in April 2024, a hacker group called USDoD stole the personal information of 2.9 billion individuals — including social security numbers, addresses, dates of birth and phone numbers, as reported by Bloomberg Law. News like this can feel understandably scary, since identity theft...

If you're worried that your Social Security number was leaked, these services can help

Ohio State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Walmart said inflation was flat in its latest quarter, and revenue growth came from selling more items and drawing more visits to its stores and website, rather than higher prices. Yet prices have remained high in some parts of the store, such as dry groceries and processed foods. Prices at...

Walmart says prices are coming down — except in one key area

This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money. Jewells Chambers doesn't look like a typical Icelander. In a country where 94% of people identify as native Icelandic, Chambers, a Black American woman, is among the other 6%.

38-year-old American expat lives on $73,000 in one of the world's most expensive countries: 'I feel safe, I feel at home'

The Hill

President Biden and Vice President Harris will meet with national security officials in the White House Situation Room on Monday, as Iran reiterates its intention to punish Israel for the apparent assassination of top Hamas political leader Ismail Haniyeh in Tehran. The meeting will focus on developments in the Middle...

Biden, Harris head to Situation Room as Iran threatens attack on Israel

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

TIME

The audacious assassination of Hamas political leader Ismail Haniyeh risks a wider regional conflagration.

Netanyahu Wants to Drag America Into War

Vice President Kamala Harris will propose the first-ever federal ban on "corporate price-gouging" in the food industry, her campaign announced. Harris will also pledge that if elected, she will direct the Justice Department to increase scrutiny of potential mergers between grocers and food producers. The ban is part of a...

Harris to propose federal ban on 'corporate price-gouging' in food and groceries

UPI News

Australia, Britain and the United States have finalized a sweeping trade agreement that will remove extensive export barriers placed on defense goods and technology so the allies can work closer together.

U.S., Australia, Britain remove export barriers on defense goods with sweeping trade pact

More than a week into Ukraine's surprise incursion into Russia's Kursk region and the gains made have likely exceeded even Kyiv's highest expectations. Ukrainian forces now occupy more than 1,000 square kilometers of Russian territory and have captured 74 settlements, Ukraine's top military commander Oleksandr Syrskyi said. Moscow has yet...

Ukraine must decide how its Russian incursion ends — advance further or retreat before it's too late

Latin Times

Mexican president Andrés Manuel López Obrador (AMLO) claimed that top drug kingpin Joaquín Guzmán López, son of El Chapo Guzmán and who was arrested alongside Ismael El Mayo Zambada on July 25 in El Paso, negotiated his surrender with Washington:. "The United States government...

Mexican president claims that top drug kingpin Joaquín Guzmán agreed to turn himself over to U.S.

Former Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss his thoughts on the latest economic data, impact on the Fed's inflation fight, rate path outlook, and more.

The data right now supports a 'slower, more cautious' move in rates, says Roger Ferguson

A murder investigation has been opened into Bangladesh's former prime minister Sheikh Hasina over the police killing of a man during civil unrest. Six other top figures in the previous government are also being investigated following weeks of deadly unrest in the capital Dhaka. Ms Hasina resigned earlier this month,...

Bangladesh's ex-PM investigated for murder

NewsBreak

U.S. crude oil rebounds more than 1% as recession fears ease

Strong retail sales for July and declining jobless claims gave investors renewed confidence in the U.S. economy. U.S. crude oil and Brent are up 1.7% this...

U.S. crude oil rebounds more than 1% as recession fears ease

Comments / 0