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The risk of continued fighting and a threatened blockade in the Red Sea added to uncertainty about the flow of energy from the region.
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;Resize=(620)) U.S. President Donald Trump has approved an agreement with Saudi Arabia that could potentially provide the kingdom with uranium enrichment capability for its civilian nuclear program, according to two people familiar with the matter.
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The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production, but displacing established suppliers like India won't be easy.
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June's fall in inflation will be welcomed by the new prime minister but analysts warn the fall is temporary.
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The Taiwan-based chipmaker has announced $200 billion in investment into U.S. manufacturing since Trump returned to power in 2025.
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;Resize=(620)) Wildfires that have torched huge areas of forest and devastated communities are also sending smoke far and wide, prompting air quality warnings in distant cities and heated political rhetoric from the U.S. Experts say there's nothing particularly unusual about this summer's smoke patterns — but they say wildfires are getting worse, and that's not likely to stop on either side of the border.
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Prime Minister Andy Burnham moved quickly to confront the high cost of living. And President Trump wished him well after a phone call between the two leaders.
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