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Trump's new economic squeeze on Iran has a big challenge: China0:22 The Trump administration's new “economic onslaught” on Iran's financial connections around the world faces a challenge when it comes to China Key inflation gauge remains elevated during Iran conflict and ongoing US trade fights0:22 An inflation measure closely watched by the Federal Reserve was unchanged last month in the latest sign that many Americans are still struggling with higher costs The US and Canada could pull back from an all-out trade war. It's not clear that they will0:22 The U.S. and Canada have ramped up their trade war, hitting each other with steep new tit-for-tat tariffs For decades, Lockerbie bombing families wanted attackers to face US justice. They're still waiting0:22 Families who lost loved ones when a suitcase bomb detonated aboard Pan Am Flight 103 in 1988 had been preparing to attend the terrorism trial of the accused bombmaker Elon Musk won't face election bribery charges in Wisconsin, state prosecutor says0:22 A Wisconsin prosecutor says he will not file election bribery charges against billionaire Elon Musk even though the state’s bipartisan elections commission said he likely broke state law US targets Egyptian bank's UAE branches under new push for Iran's economic isolation18:29 The Trump administration is limiting an Egyptian bank's operations in the United Arab Emirates and accusing the financial institution of supporting Iran's leadership Fed Chair Warsh signals rate hikes may be needed with inflation still elevated16:54 Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has sent before about his economic outlook Washington chemical tank was called unfit for service before deadly failure, investigators find16:54 An inspection contractor found a chemical tank at a Washington state paper mill was unfit for service 10 months before its fatal failure in May Russian drones batter Ukraine's Kyiv region for a second day15:18 Russian forces have resumed drone attacks on Ukraine’s Kyiv region that hit numerous buildings and storage depots Asian shares mostly gain after upbeat results for Nvidia and others lift US stocks8:20 Shares are mostly higher in Asia after Nvidia and other technology stocks led an advance on Wall Street |