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Kevin M. Warsh, in his first testimony to Congress as chairman of the Federal Reserve, did not shed light on whether he supported higher interest rates to tame price pressures.
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Counter terror police say they have obtained a warrant to hold a 28-year-old suspect for up to seven days.
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Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
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;Resize=(620)) An Israeli strike and gunfire killed at least nine Palestinians, including a 10-year-old boy and a senior Hamas police officer, in the Gaza Strip on Tuesday, Gazan health and police officials said.
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;Resize=(620)) An investigation into the cause of the fire and whether the bar was following safety regulations is ongoing. Most of the people who were killed were found trapped in windowless bathrooms where they may have sought to escape the flames, police said.
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Details about what exactly happened at a gas station in St. Augustine before the man was hit were unclear Tuesday.
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A senior officer in the Hamas-run police force was among those killed in the strike, which Israel's military says targeted "terrorists".
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The 28-year-old white British male suspect was re-arrested on Monday after counter terrorism police took over the case.
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North West Ambulance Service is investigating whether staff inappropriately accessed medical records.
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The Consumer Price Index fell to a 3.5 percent annual increase in June, and prices marked their biggest drop from a month earlier since 2020.
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;Resize=(620)) Twelve states, including California and New York, sued to block Paramount's takeover of Warner Bros. Discovery on Monday, arguing that the $81-billion US merger would "extinguish competition" in Hollywood and lead to fewer choices for consumers across the U.S.
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The consumer price index in June was expected to increase 3.8% from a year ago.
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A federal immigration agent shot and killed a man in a car on Monday morning in Biddeford, Maine. It was the second fatal encounter in a week involving an agent and a person in a vehicle.
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The U.S. and Iran disputed whether Hormuz was open to ship traffic after trading strikes over the weekend.
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;Resize=(620)) An explosive fire at ?a popular pub in Thailand's capital Bangkok has killed 27 people, with another 22 injured in critical condition, officials said on Monday, in one of the deadliest such incidents in the tourism hub in recent years.
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