United States and Denmark reach security agreement over Greenland President Trump announced a deal with Denmark that expands the U.S. military footprint in Greenland while leaving the Arctic territory under Danish and Greenlandic sovereignty. Full story → · 3 sources
Oil traffic through the Strait of Hormuz remains under U.S. naval escort as prices stay above $100 a barrel U.S. Central Command says it has helped move a billion barrels of oil through the Strait of Hormuz over the past two months, even as global crude prices remain elevated and the region sees continued military activity. Full story → · 3 sources
Federal Reserve raises interest rates for the first time since 2023 The Fed lifted its benchmark rate a quarter point to 3.75 to 4 percent, citing persistently elevated inflation tied in part to higher energy prices, and signaled another increase could follow later this year. Full story → · 3 sources
Bank of Japan raises rates to 1.25 percent, a 31-year high Japan's central bank lifted its policy rate on Friday as wages continue to climb, even as the yen weakens toward 157 per dollar heading into a holiday-shortened trading week in Tokyo. Full story → · 2 sources
Wall Street closes a mixed week as Treasury yields near 5 percent and gold hits new highs U.S. stocks ended roughly flat on Friday after a volatile week shaped by the Fed's rate increase, with the ten-year Treasury yield brushing 5 percent and gold climbing above $4,380 an ounce. Full story → · 1 sources
Midterm campaign heats up with record retirements and a wave of super PAC ad spending With roughly seven weeks until the November midterms, two Trump-aligned super PACs have reserved more than $150 million in advertising, largely in competitive House and Senate races, as a wave of congressional retirements continues. Full story → · 3 sources
Russia holds parliamentary election that for the first time extends into Russian-controlled parts of Ukraine Voting for Russia's parliament took place this past week in areas of Ukraine under Russian administration, marking the first time those regions have taken part in a Russian legislative election. Full story → · 1 sources
Cisco rushes out emergency fix for maximum-severity flaw already being exploited Cisco released emergency patches this past week for a critical vulnerability in widely used identity management software after finding that attackers were already exploiting it. Full story → · 1 sources