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‘Long overdue’: Senate Republicans ram through Trump’s clawback package with cuts to foreign aid, NPR

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Newsom taunts Trump with series of comments about president’s ties to Epstein amid efforts to avoid subject

Iran faces August deadline to accept comprehensive nuclear deal or face renewed UN sanctions

Republicans fixated on Epstein are getting ‘duped’ by Democrats, Trump insists

Inflation picks up again in June as tariffs slowly work their way through U.S. economy

Here’s why EasyJet share price has crashed and what next

UK rate cuts: August and November projected by ING amid easing job market

Volvo posts Q2 operating loss; turnaround plan ‘fully on track’, says CEO

Kolhapuri vs couture: How Prada’s sandal sparked a cultural row in India

Asian stocks end mostly higher on Thursday: Nikkei up 0.60%, Kospi up 0.2%

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Surface Metals

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Seabed Mining Heats Up as Lockheed Martin Courts Interest in Pacific Licenses

Huckabee demands Israel ‘aggressively investigate’ murder of Palestinian-American killed in ‘terrorist act’

Senate GOP blows through 2nd hurdle of the night, teeing up Trump’s clawback bill for hourslong debate

National security experts raise concerns after Microsoft program exposed as possible avenue for Chinese spying

‘It’s sort of scary’: Officials flag surprising revelations from deep State Department cuts

Trump’s $9 billion clawback passes first Senate test, while more hurdles await

Jerome Powell asks inspector general to review Fed’s $2.5B renovation project

Europe markets open: Stoxx 600 dips 0.2% as UK June inflation hits 3.6%

UK’s FCA fines Barclays £42 million for ‘significant’ financial crime lapses

Renault shares tumble after profit warning, leadership shake-up; analysts slash PTs

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Economy

American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

Fintech company Chime files for Nasdaq IPO

Microsoft to cut 3% of its workforce

UnitedHealth CEO suddenly steps down for ‘personal reasons’

Father and son fraudsters sentenced in case of $100 million New Jersey deli

McDonald’s announces plan to hire 375,000 employees this summer

Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

Fox streaming service to be called Fox One, launch before NFL season

Fortnite applies to launch on Apple’s App Store after Epic Games court win

Cargo thieves are attacking the U.S. supply chain at alarming rates