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Major central banks steer a cautious hiking path

Major central banks steer a cautious hiking path

By Alun John and Stefano Rebaudo LONDON/MILAN , July 30 (Reuters) - The bond market selloff after this week's Federal Reserve meeting highlights the challenge policymakers face as they grapple with what higher energy prices and the uncertain consequences of AI advances will mean for their economies.

Rep. Chu and Colleagues Demand Answers on VA Mental Health Workforce Cuts Impacting Veterans

Rep. Chu and Colleagues Demand Answers on VA Mental Health Workforce Cuts Impacting Veterans

Representative Judy Chu, along with 62 other House Democrats, has sent a letter to U.S. Secretary of Veterans Affairs Doug Collins, seeking clarification on the reduction of the Veterans Health Administration's (VHA) behavioral and mental health workforce. The letter highlights the loss of over 300 psychologists, 700 social workers, and 200 psychiatrists since the beginning of the Trump Administration, with significant losses occurring in 2025. These reductions have reportedly led to longer wait times, canceled appointments, and disrupted treatment for veterans, many of whom suffer from serious mental health conditions such as PTSD, anxiety, and depression. The letter emphasizes the critical need for a stable mental health workforce to provide timely and high-quality care to the nearly 9 million veterans served by the VA.

Oil rises in volatile trade as US resumes attacks on Iran

Oil rises in volatile trade as US resumes attacks on Iran

By Mohi Narayan NEW DELHI, July 30 (Reuters) - Brent crude prices climbed more than $1 a barrel on Thursday in a volatile session as investors swing between focusing on escalating U.S. attacks on Iran and hopes for a resolution that may resume shipping in the Strait of Hormuz.

Salesforce CEO Marc Benioff Advocates for AI Regulation Amid Global Discussions

Salesforce CEO Marc Benioff Advocates for AI Regulation Amid Global Discussions

Salesforce CEO Marc Benioff has been actively participating in discussions regarding AI regulation, emphasizing the importance of responsible growth. At a recent global dialogue on AI governance held in Geneva, Switzerland, Benioff was one of the few prominent American CEOs present. The event, hosted by a UN agency, aimed to set international tech standards and featured a significant presence of Chinese government officials and executives. These officials advocated for the adoption of Chinese-made AI models, positioning them as a future resource for global economies. The absence of other US frontier lab leaders and Trump administration officials highlighted a shift in the global AI landscape, with China taking a more assertive role in AI diplomacy.

Oil prices slip as tankers continue to ply Middle East conflict zones

Oil prices slip as tankers continue to ply Middle East conflict zones

By Colleen Howe BEIJING, July 30 (Reuters) - Oil prices gave up some of their gains on Thursday as oil tankers continued to make their way out of the Middle East even as tensions there escalated, with the U.S.-Iran war spreading beyond its main fronts.

FIFA plans to sell stakes in $20 billion subsidiary to run World Cup, angering UEFA

FIFA plans to sell stakes in $20 billion subsidiary to run World Cup, angering UEFA

By Echo Wang and Rohith Nair July 28 (Reuters) - FIFA said on Tuesday it plans to create a $20 billion subsidiary to run the World Cup and its other events and will offer stakes of up to 20% in it to external investors, a move that provoked a furious response from UEFA, who accused world soccer's

Russian strikes on Ukraine kill seven; Poland scrambles fighter jets

Russian strikes on Ukraine kill seven; Poland scrambles fighter jets

By Jekaterina Golubkova and Oleksandr Kozhukhar July 30 (Reuters) - Russian ballistic missiles killed at least seven in Ukraine on Thursday, including one in Kyiv, in attacks extending as far as the western city of Lviv, forcing neighbouring Poland to scramble fighter jets to secure its airspace.

Oil slips as markets look for cues on Gulf supplies

Oil slips as markets look for cues on Gulf supplies

By Mohi Narayan NEW DELHI, July 30 (Reuters) - Oil prices erased some of their previous gains on Thursday, despite escalating attacks in the Gulf as investor focus shifted to supply flows through the key chokepoints in the region.

How Bicycle Racing Has Changed Over Time

How Bicycle Racing Has Changed Over Time

Bicycle racing has a rich history that dates back to the 19th century, evolving from simple competitions to a globally recognized sport. Governed b...

Dollar firms to one-month high as markets mull Fed hike odds

Dollar firms to one-month high as markets mull Fed hike odds

By Medha Singh and Satoshi Sugiyama July 28 (Reuters) - The U.S. dollar steadied near a four-week high on Tuesday as traders weighed the prospect of a Federal Reserve interest-rate hike this week, even as falling oil prices eased some inflation concerns.

Stocks open higher on Wall Street and crude oil prices drop 6% as Mideast tensions cool

Stocks open higher on Wall Street and crude oil prices drop 6% as Mideast tensions cool

Stocks are opening higher on Wall Street and oil prices are down 6% after the U.S. and Iran paused their attacks while work resumed on restarting negotiations to end the war

Oil prices sink nearly 7% and world shares gain as Chinese chipmaker CXMT soars in Shanghai debut

Oil prices sink nearly 7% and world shares gain as Chinese chipmaker CXMT soars in Shanghai debut

Shares are mostly higher in Europe and Asia and oil prices have plunged nearly 7% after the U.S. and Iran paused their attacks while work resumed on a possible resumption of negotiations to end the war