The U.K.’s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled by Reuters had anticipated inflation would reach 3.7% in the twelve months to July, after it picked up to 3.6% in June, exceeding forecasts. July core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, rose by an annual 3.8%, up from 3.7% in the twelve months to June. The latest data comes after the Bank of England earlier this month voted by a fine margin to cut interest rates from 4.25% to 4%, as the central bank resumed what it describes as a “gradual and careful” approach to monetary easing. While the BOE was widely expected to trim rates by 25 basis points at the time, traders and economists were keen to see the breakdown of support for the move. In the end, policymakers had to vote twice on the rate cut decision, and a majority of 5-4 opted to cut. BOE policy committee m...

Trump administration paid federal employees billions not to work, report says DOGE wasted $21.7 billion in taxpayer funds, according to a new report from the Senate Permanent Subcommittee on Investigations. Aug. 1, 2025, 2:42 PM CDT By Ja'han Jones Donald Trump’s so-called Department of Government Efficiency has spent nearly $22 billion in taxpayer funds on employees who’ve been paid not to work, according to a new Senate report. Compiled by Connecticut Sen. Richard Blumenthal’s staff on the Permanent Subcommittee on Investigations, the report accuses DOGE — the entity Trump and Elon Musk ginned up to gut federal programs under the guise of “efficiency” — of generating “at least $21.7 billion in waste across the federal government” in just the first half of this year. It notes that this total is more than twice the amount of the Trump-backed rescissions package Republicans recently passed to codify DOGE-backed cuts to federal programs. The report reads: The Department of Gov...

‘Explosive’ conservative non-doctor turbocharging RFK Jr’s healthcare coup 05:52 July 31, 2025, 4:18 PM CDT By Brandy Zadrozny, Senior Reporter Robert F. Kennedy Jr. wants Americans to turn over their health data to tech companies and the government. It’s the very thing — prior to his takeover of the nation’s public health — that he’d been warning his followers to fear. “It’s connecting all the things in your life, anything that you call smart, that could be your Apple Watch, it could be your telephone, your GPS on your telephone, the GPS on your car, your garage door opener,” Robert F. Kennedy Jr. said on his podcast in 2020, produced by his then-employer, the anti-vaccine nonprofit Children’s Health Defense. “They have so much data now that they have access to … They’re going to take billions of terabytes of data and then they’re gonna do analytics on them and monetize them and sell them back to companies that want to turn you into a permanent consumer.” Kennedy spent years warnin...

BREAKING | IRAN RESPONDS: “We Were Ready — And We Will Strike Back!” 🇮🇷 In a bold and defiant move, Iran has fired back after the U.S. reportedly launched airstrikes on its nuclear facilities. They claim the West has “fallen for a decoy” and assert that Tehran is firmly in control of its uranium and strategic resources. Key Takeaways from Iran’s Fiery Response: "They struck smoke!" — Iranian officials assert that they had already moved all critical nuclear materials as early as March, making the recent attacks futile. "This war didn’t surprise us" — Tehran insists it was fully prepared for this conflict, stating: “We had already sharpened our swords — now the time has come to draw them!” "The enemy is deluded" — Iran believes the Western coalition is overconfident, vowing a retaliation that will be so significant that it will be etched in history. “This is the land of revolution” — The statement concludes with a chilling reminder: every action wi...

Vance says U.S. 'not at war with Iran, we're at war with Iran's nuclear program'

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