Federal Reserve emphasizes political independence, signals focus on inflation

WASHINGTON (AP) – New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Donald Trump has sought.

Today in History: July 1, Dominion of Canada is formed

Today in History Today is Wednesday, July 1, the 182 day of 2026. There are 183 days left in the year. Today’s Highlight in History: On July 1, 1867, Canada became a self-governing dominion of Great Britain as the British North America Act took effect. Called Dominion Day until 1982, the national holiday is now known as Canada Day.

Writer E. Jean Carroll calls for Trump to pay $5.8M after high court appeal fails

NEW YORK (AP) – Advice columnist E. Jean Carroll asked a judge Tuesday to require President Donald Trump to pay her $5 million from a jury verdict that concluded Trump sexually abused her in the 1990s and defamed her after she publicly described the attack in 2019.

Russia strikes five districts in Ukraine's Kharkiv with aerial glide bombs

Russia strikes five districts in Ukraine’s Kharkiv with aerial glide bombs

Pakistan warns India against water weaponization at Indus Waters Treaty seminar

ISLAMABAD (AP) – Pakistan’s government Tuesday warned that any attempt by India to deprive Pakistan of its share of water under the Indus Waters Treaty would amount to the “weaponization of water” and could have serious consequences for regional peace and security.

Defying Pope Leo XIV, traditionalists go ahead with Latin Mass consecrations

Defying Pope Leo XIV and risking schism, traditionalists go ahead with Latin Mass consecrations

Three injured in Russian strike on Kramatorsk as Ukraine says it downs 130 drones

Three injured in Russian strike on Kramatorsk as Ukraine says it downs 130 drones

Trump insists he doesn't manage his investments after $1.2B crypto earnings disclosure

Trump insists he doesn’t manage his investments after $1.2B crypto earnings disclosure

Trump lifts restrictions on Anthropic's Claude models after cybersecurity alarm

SAN FRANCISCO (AP) – The Trump administration has lifted restrictions on artificial intelligence company Anthropic’s latest versions of its Claude chatbot, ending a weekslong ban tied to cybersecurity concerns.