Morning Edition · Saturday, August 1, 2026
Macro
Bond Market Doubts Warsh's Inflation Resolve as 30-Year Treasury Yield Reaches 5.21 Percent
Long-dated United States Treasury yields climbed as traders priced roughly a 57 percent chance the Federal Reserve raises rates in September.
Tech
Apple Loses Close to 500 Billion Dollars as Memory Shortage Splits the Big Technology Trade
The iPhone maker's weak forecast returned the title of most valuable company to Nvidia, while Amazon rose on strong cloud growth.
Geopolitics
United States Bombs Iran's Ports, Bridges and Power Grid for a Ninth Night as Iran Strikes Five Gulf States and Declares Hormuz Closed
Iran's health ministry reports dozens killed as American strikes hit Chabahar port, Iranshahr airport, bridges and power facilities, and Iran answers with missiles and drones on Bahrain, Kuwait, Qatar, Oman and Jordan while oil trades above $90 a barrel.
Markets
Oil Heads for a Monthly Gain Above 20 Percent as War Risk Rebuilds a Premium in Energy and Metals
Brent crude traded near 86 dollars a barrel near month-end, and aluminium prices recovered as supply and energy concerns returned to industrial commodities.
Macro
South Korea's Won Gains Nearly 8 Percent Against the Dollar Despite a Technology Selloff
One of the world's strongest currencies last month, the won rose even as chip-linked stocks fell, a sign of resilience investors did not expect.
Geopolitics
Russian Strikes on Kyiv Kill at Least Nine as Moscow Says It Hit Ukraine's Military Industry
Ukraine's capital counted nine dead and more than two dozen wounded, while Russia's defense ministry reported downing 274 drones over 17 regions overnight.
Geopolitics
India and China Reopen a Himalayan Trading Pass Closed for Six Years
The Nathu La crossing between India's Sikkim and China's Tibet is reopening, a small step in a cautious improvement in economic relations between the two powers.
Geopolitics
China Stages South China Sea Drills After Disputing a Philippine Seabed Claim
The exercises near Scarborough Shoal followed Beijing's rejection of what it called an "illegal" Manila bid, as Taiwan's parties deadlock over building drone stockpiles.
Markets
Bloomberg Again Delays Indian Government Bonds' Entry to Its Global Aggregate Index
The index provider cited a need to further evaluate operational and market infrastructure, a deferral that could push Indian sovereign yields modestly higher in the near term.
World
France and Italy Tighten Borders After About 60,000 People Cross Into Spain's Ceuta
The surge from Morocco into the North African enclave produced one of the European Union's largest migrant arrivals in recent years.
World
Kumamoto Earthquake Death Toll Rises to 36 as Survivors Face Extreme Heat
Temperatures in the disaster zone are forecast to reach 40 degrees Celsius, compounding the strain on evacuees after water and power failures.
World
Peru's Former President Ollanta Humala Walks Free After His Conviction Is Overturned
The former leader and his wife had been sentenced to 15 years for money laundering tied to the regional Odebrecht corruption scandal.