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.

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

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

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

US Supreme Court upholds birthright citizenship, rejecting Trump

The Supreme Court on Tuesday upheld a broad conception of birthright citizenship, rejecting President Donald Trump’s executive order declaring that children born to parents who are in the United States illegally or temporarily are not American citizens.

Trump filing shows he took in about $1.2 billion from crypto businesses last year

NEW YORK (AP) – President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses. Mere startups when he took the oath of office, the new ventures have now eclipsed in revenue much of his vast property portfolio that took him decades to accumulate.

Supreme Court Rulings - For and Against Trump

The Supreme Court on Tuesday upheld a broad conception of birthright citizenship, rejecting President Donald Trump’s executive order declaring that children born to parents who are in the United States illegally or temporarily are not American citizens.

The Trump Report: The Latest Updates

It’s been 123 days since the U.S. and Israel launched the Iran war, and the world again awaits another round of some sort of talks as President Donald Trump and Iranian officials disagree over what and even how they’ll communicate. Trump’s special Mideast envoy Steve Witkoff and son-in-law Jared Kushner plan meetings with Qatari mediators.

UK boosts military spending by $20 billion but critics say it's not enough

LONDON (AP) – Self-flying fighter jets, uncrewed submarines and drones will be at the center of Britain’s future military under a defense plan announced Tuesday that includes a 15 billion pound ($20 billion) spending boost. Like other NATO countries, the U.K. is under pressure to increase defense spending to counter a more aggressive Russia and less reliable United States.