Trump Backs Ukrainian Strikes Deep Inside Russia

Plus, Iran faces a second day of U.S. strikes, and a wall built to protect a golf course causes an uproar.

It's On: Trump Orders New Strikes on Iran to Protect Ships in Strait of Hormuz

'Let's Just Finish the Job': Trump Confirms Iran Strikes to Likely Come Wednesday Night

Oil Climbs as Trump Threatens Iran Strikes, Blockade | Bloomberg Businessweek Daily 7/8/2026

Today, Bloomberg's Tyler Kendall reports the minutes from the first FOMC meeting of Kevin Warsh's tenure as Fed chair. Then, Bloomberg Economics senior geoeconomics analyst Adam Farrar breaks down oil market reaction as the US threatens more strikes against Iran and a renewed blockade of the Strait of Hormuz. Plus, Stephanie Roth, chief economist at Wolfe Research, reacts to news that some Fed members initially saw the case to hike rates despite eventually falling in line with fellow committee members in holding rates. Then, Brian Dobson and Greg Pendy from Clear Street discuss their SpaceX buy rating and where they see the stock going. Finally, Bloomberg 'Business of Sports' podcast co-host Vanessa Perdomo-Maglione talks the Unites States' exit from the World Cup and the future of soccer in the US. (Source: Bloomberg)

Iran’s ‘golden weapon’ of Strait of Hormuz became a greater priority than its nuclear program — here’s how

"Recognize the new Iranian order in the Strait of Hormuz: this is the only way forward," wrote Ebrahim Azizi, a member of the Iranian parliament's national ​security and foreign policy committee on social media, addressing the US.

Schumer: Trump’s Iran deal is ‘total, utter disaster’

Senate Democratic Leader Chuck Schumer (N.Y.) issued a statement Wednesday blasting President Trump’s peace deal with Iran as a “total, utter disaster.” He issued the scathing statement after Trump said the memorandum of understanding (MOU) to end hostilities with Iran and reopen the Strait of Hormuz is “over.” “Trump’s so-called ‘deal’ to end hostilities with…

Some health workers in Congo’s Ebola outbreak go on strike over pay issues as deaths near 600

Health workers face other challenges as well, including attacks from angry residents and skepticism about the virus.

Watch: Trump slams Iran, calls regime "scum" and says he's unsure about deal as NATO summit wraps

President Trump on Wednesday spoke to reporters about a number of topics as the NATO summit in Turkey came to an end. At one point, Mr. Trump said he wasn't sure if he wants to make a deal with Iran and threatened new strikes against the nation. Watch the full press conference.