U.S. central command, on x, announces it launched a round of strikes against iran at 3 p.m. et for the seventh consecutive night

Iranian army says navy fired shore-to-sea cruise missile towards 'hostile' U.S. vessel in northern indian ocean

President trump posts on truth social " now, tsmc, the largest leading edge semiconductor chip manufacturer in the world, has announced an additional 100 billion dollar investment in their semiconductor fabrication factories in arizona. that brings their total commitment to build chips in america to a record 265 billion "

President trump posts on truth social "we are holding canada responsible for the fact that they are not properly maintaining their forests, and brush therein, and the united states is being unnecessarily invaded by filthy, polluted, and unhealthy air, the quality of which is dangerous, and totally unacceptable! i will call the prime minister during the day to find out what they are going to do about it. the cost is incalculable! canada has refused to engage in basic forest management and debris removal"

Correction: 'spacex in talks to provide computing power for pentagon’s ai push' - wsj exclusive

China's ai breakthrough triggers a semiconductor selloff—what it means for investors

U.S. baker hughes oil rig count +7 to 452 vs 446 est.; U.S. baker hughes natgas rig count unchanged at 126; U.S. baker hughes total rig count 588 vs 581 prior

U.S. sending dozens more refueling planes to israel ahead of possible escalation' - axios

Jim cramer may like applied digital, but stock still plummets 6% on friday

U.S. military, on x, says U.S. forces successfully destroyed the chah bahar shahid kalantari port surveillance tower, part of a maritime surveillance network along iran’s gulf of oman coastline used for decades by the islamic revolutionary guard corps to track and target commercial vessels transiting the strait of hormuz

Federal aviation administration says agency needs another $10b from congress for air traffic control overhaul

Michigan consumer expectations for july  54.0 vs 51.7 est.

Michigan consumer sentiment for july 54.4 vs 51.0 est.

USA industrial production (yoy) for june 1.10% vs 1.67% prior

USA industrial production (mom) for june 0.0% vs 0.1% est.

USA industrial production (mom) for june 0.1% vs 0.2% est.

USA manufacturing production (mom) for june 0.0% vs 0.1% est.

USA export price index (yoy) for june 10.2% vs 11.2% prior

USA import price index (yoy) for june 7.1% vs 6.7% prior

USA housing starts mom for june prior revised from -15.4% to -15.2%

USA import price index (mom) for june revises prior from 1.9% to 1.7%

USA housing starts mom for june 19.0% vs. -15.2% prior

USA export price index (mom) for june revises prior from 1.3% to 1.2%

USA housing starts for june prior revised from 1.177m to 1.199m

USA housing starts for june 1.427m vs. 1.310m est.

USA import price index (mom) for june 0.3% vs -0.7% est.

USA building permits (mom) for june -3.0% vs -0.9% prior

USA building permits for june 1.367m vs 1.400m est.

USA export price index (mom) for june -0.6% vs -0.4% est.

Bitcoin’s next ‘strong run’ depends on breaking $65,000, technical analyst says

Us debt surpasses 100% of gdp for the first time since world war ii— is the fiscal squeeze actually deflationary?

Gas prices will stay higher for longer, even if oil falls' - wsj

Stock market today: dow futures, s&p 500 futures slump even as trump says us is doing 'great'—netflix, coca-cola, nebius in focus

Jera begins study on us listing as it steps up overseas expansion, sources say' - reuters exclusive

U.S. central command posts on x "U.S. marines from the 11th marine expeditionary unit conduct a verification boarding aboard m/t wen yao in the gulf of oman, july 16.as of today, american forces have redirected 3 commercial vessels trying to run the blockade, disabled 1 that didn’t comply, and boarded 1 to ensure full compliance with the ongoing U.S. naval blockade against iran. the strait of hormuz and the surrounding waters remain free and open, except for vessels attempting to violate america’s steel"

Iran's semi official fars says bridge in bandar khamir targeted in U.S. attack

Brazil's vp alckmin says U.S. tariffs are unfair and unreasonable; U.S. have trade surplus with brazil; medium tariffs to U.S. products are equal to 3.1%, 75% of what they sell face zero tariffs in brazil; points raised by U.S. under section 301 investigations have false bases; brazil defends free trade, wto rules, multilateral trading system; govt to decide at the appropriate time how to use reciprocity law approved by congress

Federal officials investigate online ketamine sellers to curb at-home use' - wsj exclusive

Major indices are trading lower amid a broader tech selloff. investors are rotating out of semiconductor companies in reaction to tsmc's q2 report

U.S. military says at 2 p.m. et today, U.S. forces began conducting a new wave of strikes against iran for the fifth consecutive night to further degrade iranian military capabilities

Korea drives semi stocks lower despite solid taiwan semi earnings

Fed's logan says possible there could be a more optimal regulatory liquidity regime for banks that would lead to smaller fed balance sheet

Fed's logan says wages at the moment not providing inflationary pressures; worried about the risk, though; goal should be efficient and effective balance sheet, not necessarily a goal on its size

Fed's logan says concerns about the labor force in texas, given immigration restrictions; warsh like powell has tremendous dedication to the institution of the fed; fed meetings and the structure and the data-driven focus has not changed a bit

Fed's logan says very optimistic on long-term productivity gains from ai; right now investment demand for ai is big, real, and has near-term inflationary effects

Fed's logan says even with most conservative estimating, electricity prices from data center demand likely to be another source of modest inflationary pressures

Fed's logan says even if oil prices stay high, constraints like gas takeaway capacity make keep producers from increasing output

Fed's schmid says labor market seems roughly stable; recent inflation data encouraging but too early to put too much weight on it; inflation is proving persistent across a broad selection of goods and services, is 'concerning'; accountability requires the fed talk about how it makes decisions, provides transparency and allows for open criticism; focused on inflation in setting monetary policy; inflation shocks are not intrinsically transitory, disagrees fed should "look through" certain types of increases

Fed's logan says ai may eventually generate productivity surge, but demand effects are here already; ai investment surge could trigger nonlinear price increases; labor market is well balanced, even strengthening a bit; labor, consumption, financial data indicate that monetary policy is not restraining the economy

Fed's logan calls for 'modestly higher' policy rate; says 'modestly higher' interest rates would better balance outlook, risks; it's time to finish the job of restoring price stability; one month of lower cpi inflation is 'not enough'; some policy restriction is needed to help get it there; inflation does not appear to be heading sustainably back to 2% on its own; downside risks to employment have faded, inflation risks are mainly to the upside