US President Donald Trump takes questions during a news conference in the Brady Briefing Room of the White House on June 27, 2025, in Washington, DC.  President Trump claimed a "GIANT WIN" Friday as the US Supreme Court curbed the power of lone federal ju

Trump: US Would Strike Iran If It Restarts Nuclear Program

US President Donald Trump said Friday he had saved Iran's Ayatollah Ali Khamenei from assassination and lashed out at the supreme leader for ingratitude, declaring he would order more bombing if the country tried to pursue nuclear weapons.
THE BOTTOM LINE
Fueled by aggressive consumer spending, global supply chain snarls, domestic worker shortages, and Russia's war on Ukraine, US inflation reached 9.1 percent in June

Tariff Rollbacks Won't Bring Instant Price Relief

The U.S.–China trade deal cuts tariffs—but don't expect prices to drop overnight. Supply chains are still disrupted, and costs passed down to consumers will linger. It's a start, but real relief takes time.
Economy in Focus
Tether is a stablecoin pegged to the dollar

Why Stablecoins Are Gaining Popularity

Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US Senate set to vote Tuesday on a bill to regulate such digital tokens.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

IBT VIDEO
Business Lookahead: jobs, prices and AI

Business Lookahead: Jobs, Prices And AI

From U.S. jobs numbers that could give the Fed pause for thought, to signs the AI bandwagon is picking up speed, these are the big stories to watch out for in business and finance in the coming days. Rachel Faber has the details.
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    US Economic Uncertainty Means Bigger 'Black Friday' Discounts

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    Dublin Riot Highlights 'Far-Right' Agitation Over Ireland Immigration

  • Taiwan Strait: Chinese ship 'cuts off U.S. destroyer'

    Taiwan Strait: Chinese Ship 'Cuts Off US Destroyer'

  • Dashcam video captures missile falling near Kyiv car

    Dashcam Video Captures Missile Falling Near Kyiv Car

  • Saudi pledges big oil cuts in July

    Saudi Pledges Big Oil Cuts In July