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Business

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cnbc.com

Judge orders E. Jean Carroll to receive $5 million in damages from Trump verdict

A federal judge has ordered E. Jean Carroll to receive $5 million in damages from President Donald Trump, following a jury verdict that found Trump liable for sexually abusing and defaming her. The ruling comes after the Supreme Court denied Trump's request to appeal the verdict. Trump's legal team has filed an appeal against the disbursement of the funds, arguing that collection should not begin while proceedings are pending.

Bias: 4 Sentiment: +0.00
Axios

Federal Reserve Officials Discuss Inflation Risks and Interest Rate Outlook

Federal Reserve officials discussed various economic scenarios and inflation risks during their July 2026 meeting, resulting in a decision to keep interest rates unchanged. The minutes revealed a divide among officials regarding future rate hikes, with some anticipating inflation to decline while others expect persistent pressures due to demand and geopolitical factors.

Bias: 30 Sentiment: +0.00
New York Times — Business

Oil Prices Expected to Remain Volatile Amid US-Iran Tensions

Oil prices are anticipated to remain unstable as tensions persist between the United States and Iran over the Strait of Hormuz. Analysts indicate that these geopolitical issues will affect the oil market's stability.

Bias: 4 Sentiment: +0.00
New York Times — Politics

Oil Prices May Experience Volatility Amid US-Iran Tensions

Oil prices are anticipated to be volatile as tensions between the United States and Iran continue, particularly concerning the Strait of Hormuz. This geopolitical situation raises concerns over potential disruptions in oil supply.

Bias: 4 Sentiment: -0.10
Fox News — Latest

Report Identifies $225 Million in Alleged Fraud in K-12 Education

A report by the State Financial Officers Foundation and Open the Books has uncovered approximately $225 million in alleged fraud in K-12 education across the U.S. over the past six years. The findings indicate numerous cases of embezzlement and other fraudulent activities, raising concerns about the oversight of federal education funding.

Bias: 33 Sentiment: -0.10
Fox News — Politics

Report Identifies $225 Million in Alleged Fraud in K-12 Education

A report by the State Financial Officers Foundation and Open the Books has revealed approximately $225 million in alleged fraud in K-12 education across the U.S. over the past six years. The report identifies nearly 90 cases of fraud, including embezzlement and inflated enrollment, and emphasizes the need for stronger oversight of federal education spending.

Bias: 33 Sentiment: -0.10
Washington Examiner

Spencer Pratt Shares Photo of Son in Oval Office After Meeting with President Trump

Spencer Pratt shared a photo of his son in the Oval Office after meeting with President Trump on July 7, 2026. In his post, he emphasized the importance of loving one's country like a child. Pratt recently lost in the Los Angeles mayoral primary and has raised concerns about the election process.

Bias: 30 Sentiment: +0.10
Fox News — Latest

Former Wisconsin Judge Hannah Dugan Fined for Obstructing Arrest of Illegal Immigrant

Former Wisconsin Judge Hannah Dugan has been fined $5,000 for obstructing the arrest of an illegal immigrant but will not serve prison time. Dugan was convicted of felony obstruction after she interfered with ICE agents attempting to arrest Eduardo Flores-Ruiz at a courthouse. She defended her actions as consistent with community concerns and has since resigned from her judicial position.

Bias: 4 Sentiment: +0.00
The Verge

Microsoft announces layoffs and studio closures in Xbox division

Microsoft is laying off 1,600 workers in its Xbox division and plans to lay off another 1,600 in the next fiscal year while closing four studios. Xbox CEO Asha Sharma indicated that the business is not performing well and that the company's strategy is currently uncertain.

Bias: 4 Sentiment: -0.20
washingtontimes.com

U.S. Authorities Report Increase in Fuel Smuggling from Texas to Mexico by Cartels

U.S. authorities report that Mexican drug cartels are increasingly smuggling fuel from the U.S. into Mexico, allowing them to evade taxes and generate substantial revenue. The U.S. Treasury estimates that up to one-third of fuel sold in Mexico may be illicit, leading to significant tax losses for the Mexican government. Recent sanctions have been imposed on individuals linked to the Jalisco New Generation Cartel in response to these activities.

Bias: 14 Sentiment: -0.10
Axios

Republicans Increase Campaign Spending for Senate Races in Key States

Republicans are increasing campaign spending in Ohio and Iowa ahead of the November midterms, with One Nation reserving $28 million and $11 million, respectively, for television ads. This move comes as GOP candidates face competitive races, and the party seeks to maintain its Senate majority amid shifting voter sentiments. Democrats also face challenges in key states, making the upcoming elections critical for both parties.

Bias: 30 Sentiment: +0.00
Axios

Trump Declares Iran Ceasefire Over, Calls Negotiations a Waste of Time

President Trump announced that he considers the ceasefire with Iran to be over and criticized ongoing negotiations as ineffective. His comments followed U.S. military strikes on Iran and resulted in a significant increase in oil prices. The U.S. also revoked a license for Iranian oil sales, adding to market uncertainty.

Bias: 30 Sentiment: -0.20