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Trump found a pause in Iran, but not yet a way out.

Donald Trump shelved a major new Iran strike and announced Monday talks after Gulf allies intervened, but Tehran denied asking for the pause and US interceptor stocks remain strained. Only one-third of Americans back the war. At home, Spokane-area fires destroyed at least 600 structures and forced 60,000 evacuations, while a Twin Falls shooting killed three victims.

Key Indicators
Full catalog · 86

Upcoming

27 key official events ahead
August 2026
Statistics
Employment Situation — July 2026 data (jobs report)

BLS nonfarm payrolls and unemployment rate for July 2026, 8:30am ET.

Statistics
CPI release — July 2026 data

BLS Consumer Price Index for July 2026, 8:30am ET.

September 2026
Statistics
Employment Situation — August 2026 data (jobs report)

BLS nonfarm payrolls and unemployment rate for August 2026, 8:30am ET, ahead of the mid-September Fed meeting.

Statistics
CPI release — August 2026 data

BLS Consumer Price Index for August 2026, 8:30am ET — last CPI print before the September Fed decision.

Central Bank
FOMC interest-rate decision (September 15–16 meeting)

FOMC policy statement at 2:00pm ET on the second meeting day, with an updated Summary of Economic Projections (dot plot) and a 2:30pm Chair press conference.

Statistics
GDP — Q2 2026 third estimate (BEA)

Third (final) estimate of Q2 2026 GDP plus corporate profits and state-level data, 8:30am ET.

October 2026
Statistics
Employment Situation — September 2026 data (jobs report)

BLS nonfarm payrolls and unemployment rate for September 2026, 8:30am ET.

Statistics
CPI release — September 2026 data

BLS Consumer Price Index for September 2026, 8:30am ET.

Central Bank
FOMC interest-rate decision (October 27–28 meeting)

FOMC policy statement at 2:00pm ET on the second meeting day, followed by a 2:30pm Chair press conference. No new economic projections at this meeting.

Statistics
GDP — Q3 2026 advance estimate (BEA)

First (advance) estimate of third-quarter 2026 real GDP growth from the BEA, 8:30am ET.

November 2026
Election
US midterm elections — House, one-third of Senate, governorships

All 435 House seats and 35 Senate seats are contested (including Florida and Ohio special elections), alongside 36 governorships. Determines control of the 120th Congress.

Statistics
Employment Situation — October 2026 data (jobs report)

BLS nonfarm payrolls and unemployment rate for October 2026, 8:30am ET.

Statistics
CPI release — October 2026 data

BLS Consumer Price Index for October 2026, 8:30am ET.

Statistics
GDP — Q3 2026 second estimate (BEA)

Second estimate of Q3 2026 GDP plus corporate profits, 8:30am ET.

December 2026
Statistics
Employment Situation — November 2026 data (jobs report)

BLS nonfarm payrolls and unemployment rate for November 2026, 8:30am ET, ahead of the December Fed meeting.

Central Bank
FOMC interest-rate decision (December 8–9 meeting)

Final FOMC meeting of 2026; policy statement at 2:00pm ET on the second day, with an updated Summary of Economic Projections (dot plot) and a 2:30pm Chair press conference.

Summit
G20 Leaders' Summit — Miami (Doral), United States

United States hosts the G20 leaders' summit December 14–15 at Trump National Doral, Miami, capping the US G20 presidency year.

Statistics
CPI release — November 2026 data

BLS Consumer Price Index for November 2026, 8:30am ET. Released later than the usual mid-month slot under the revised 2026 schedule.

Statistics
GDP — Q3 2026 third estimate (BEA)

Third (final) estimate of Q3 2026 GDP plus corporate profits and state-level data, 8:30am ET.

January 2027
Statistics
Employment Situation — December 2026 data (jobs report)

BLS nonfarm payrolls and unemployment rate for December 2026, with annual benchmark revisions. (Provisional — exact 2027 monthly date not yet published by BLS.)

Statistics
CPI release — December 2026 data

BLS Consumer Price Index for December 2026, completing the 2026 inflation picture. (Provisional — exact 2027 monthly date not yet published by BLS.)

Central Bank
FOMC interest-rate decision (January 26–27 2027 meeting)

First FOMC decision of 2027 (tentative schedule announced Sept 2025); policy statement at 2:00pm ET on the second meeting day with a 2:30pm Chair press conference.

Statistics
GDP — Q4 2026 advance estimate (BEA)

First (advance) estimate of fourth-quarter and full-year 2026 GDP. (Provisional — exact 2027 date not yet published by BEA; date estimated from the usual late-January cadence.)

March 2027
Central Bank
FOMC interest-rate decision (March 16–17 2027 meeting)

2027 FOMC decision (tentative schedule); statement at 2:00pm ET on the second day with an updated Summary of Economic Projections and a 2:30pm Chair press conference.

April 2027
Central Bank
FOMC interest-rate decision (April 27–28 2027 meeting)

2027 FOMC decision (tentative schedule); policy statement at 2:00pm ET on the second meeting day with a 2:30pm Chair press conference.

June 2027
Central Bank
FOMC interest-rate decision (June 8–9 2027 meeting)

2027 FOMC decision (tentative schedule); statement at 2:00pm ET on the second day with an updated Summary of Economic Projections and a 2:30pm Chair press conference.

July 2027
Central Bank
FOMC interest-rate decision (July 27–28 2027 meeting)

Official tentative 2027 FOMC schedule; statement at 2:00pm ET on the second meeting day with a 2:30pm Chair press conference.

United States

Recent events

24
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us48

Trump announces US-Iran talks for Monday after shelving massive strike

US President Donald Trump announced on Sunday that negotiations with Iran will begin Monday afternoon, after he called off what he described as the largest attack since World War II. Trump stated that Iran, along with Saudi Arabia, the UAE, and Qatar, requested the halt, citing the 'perimeters of a deal' being agreed upon, which includes the full reopening of the Strait of Hormuz and an end to Iran's nuclear threat. Iran's Mehr news agency denied requesting a halt, calling Trump's claim a 'new lie.' Iranian President Masoud Pezeshkian called the June memorandum of understanding the 'cornerstone' of future foreign relations, while Foreign Minister Abbas Araghchi said negotiations with Oman on managing the strait are in their final stages. Oil prices fell over 4% on the news, and a tanker reported an explosion near the strait.

Show summary

US President Donald Trump announced on Sunday that negotiations with Iran will begin Monday afternoon, after he called off what he described as the largest attack since World War II. Trump stated that Iran, along with Saudi Arabia, the UAE, and Qatar, requested the halt, citing the 'perimeters of a deal' being agreed upon, which includes the full reopening of the Strait of Hormuz and an end to Iran's nuclear threat. Iran's Mehr news agency denied requesting a halt, calling Trump's claim a 'new lie.' Iranian President Masoud Pezeshkian called the June memorandum of understanding the 'cornerstone' of future foreign relations, while Foreign Minister Abbas Araghchi said negotiations with Oman on managing the strait are in their final stages. Oil prices fell over 4% on the news, and a tanker reported an explosion near the strait.

us45

Wildfires in Spokane, Washington destroy 600 structures, force 60,000 evacuations

Multiple wildfires in eastern Washington state, particularly around Spokane, have destroyed at least 600 homes and businesses and forced the evacuation of 60,000 people. The fires have burned about 21 square kilometers in the Spokane area, with dozens of fires across the western US stretching response capabilities. Washington Governor Bob Ferguson declared a state of emergency, and dry, windy conditions are expected to continue, complicating firefighting efforts. No injuries have been reported, but the fires are part of a broader regional crisis affecting Idaho, Oregon, and Utah.

Show summary

Multiple wildfires in eastern Washington state, particularly around Spokane, have destroyed at least 600 homes and businesses and forced the evacuation of 60,000 people. The fires have burned about 21 square kilometers in the Spokane area, with dozens of fires across the western US stretching response capabilities. Washington Governor Bob Ferguson declared a state of emergency, and dry, windy conditions are expected to continue, complicating firefighting efforts. No injuries have been reported, but the fires are part of a broader regional crisis affecting Idaho, Oregon, and Utah.

us44

Multiple killed in shooting at Idaho In-N-Out, suspect dead

A shooting at an In-N-Out Burger on Blue Lakes Boulevard in Twin Falls, Idaho, left multiple people dead, including the suspected gunman, and several others injured. Police responded around 2 p.m. local time to reports of a gunman, and nearby businesses and shopping centers were placed on lockdown. Witness Lane Koehn reported seeing a person with an AR-style rifle emerge from the drive-thru, and a man with a pistol began firing at the shooter. An In-N-Out employee was seen dragging a bleeding uniformed coworker across the parking lot. The shooter fired at least three or four rounds. Twin Falls Police Chief Matthew Hicks did not provide an exact number of fatalities as authorities worked to notify next of kin. Several other people were being treated for injuries. Governor Brad Little issued a statement asking for prayers for the community. The shooter's identity and motive are under investigation, and authorities say there is no ongoing threat to the community.

Show summary

A shooting at an In-N-Out Burger on Blue Lakes Boulevard in Twin Falls, Idaho, left multiple people dead, including the suspected gunman, and several others injured. Police responded around 2 p.m. local time to reports of a gunman, and nearby businesses and shopping centers were placed on lockdown. Witness Lane Koehn reported seeing a person with an AR-style rifle emerge from the drive-thru, and a man with a pistol began firing at the shooter. An In-N-Out employee was seen dragging a bleeding uniformed coworker across the parking lot. The shooter fired at least three or four rounds. Twin Falls Police Chief Matthew Hicks did not provide an exact number of fatalities as authorities worked to notify next of kin. Several other people were being treated for injuries. Governor Brad Little issued a statement asking for prayers for the community. The shooter's identity and motive are under investigation, and authorities say there is no ongoing threat to the community.

us43

Senate reaches bipartisan funding deal to avert government shutdown

Background: The US House passed a stopgap spending bill to fund the government through December 4, 2027, but Senate approval was needed to avert a shutdown. Today, Senate appropriators announced a bipartisan agreement on a continuing resolution that funds the government through December 11, includes adjustments for WIC, disaster relief, and shipbuilding, and blocks a White House rule on federal grant approval. A procedural vote is set for Monday, with leaders aiming to pass the bill before recess. Senate Appropriations Committee leaders announced the bipartisan agreement, extending the previous House-passed deadline. The bill includes adjustments for the WIC program, the Disaster Relief Fund, and shipbuilding, and temporarily blocks the White House's proposed rule on federal grant approval. A procedural vote is scheduled for Monday night, with leaders aiming to pass the bill before recess. Senate Minority Leader Chuck Schumer and committee leaders Patty Murray and Susan Collins voiced support, emphasizing the measure averts a shutdown and halts a 'corrupt' grant-approval process.

Show summary

Background: The US House passed a stopgap spending bill to fund the government through December 4, 2027, but Senate approval was needed to avert a shutdown. Today, Senate appropriators announced a bipartisan agreement on a continuing resolution that funds the government through December 11, includes adjustments for WIC, disaster relief, and shipbuilding, and blocks a White House rule on federal grant approval. A procedural vote is set for Monday, with leaders aiming to pass the bill before recess. Senate Appropriations Committee leaders announced the bipartisan agreement, extending the previous House-passed deadline. The bill includes adjustments for the WIC program, the Disaster Relief Fund, and shipbuilding, and temporarily blocks the White House's proposed rule on federal grant approval. A procedural vote is scheduled for Monday night, with leaders aiming to pass the bill before recess. Senate Minority Leader Chuck Schumer and committee leaders Patty Murray and Susan Collins voiced support, emphasizing the measure averts a shutdown and halts a 'corrupt' grant-approval process.

us40

US and Japan confirm rare joint yen-buying intervention

The United States and Japan confirmed a rare coordinated intervention to support the yen, the first such joint action since 1998. The yen had fallen to a 40-year low of 163.24 per dollar in July, prompting the Federal Reserve Bank of New York to sell euros for yen on behalf of the US Treasury, with transactions executed through Goldman Sachs and Morgan Stanley. President Donald Trump described the move as a 'signal of friendship' and beneficial to the global economy. Japan's Finance Ministry and US Treasury Secretary Scott Bessent both signaled willingness to intervene again if needed. The yen surged as much as 1.4% to 155.20 per dollar, while the Nikkei fell. Analysts estimate Japan's intervention may have totaled around $52.8 billion, with the Bank of Japan hinting at further rate hikes.

Show summary

The United States and Japan confirmed a rare coordinated intervention to support the yen, the first such joint action since 1998. The yen had fallen to a 40-year low of 163.24 per dollar in July, prompting the Federal Reserve Bank of New York to sell euros for yen on behalf of the US Treasury, with transactions executed through Goldman Sachs and Morgan Stanley. President Donald Trump described the move as a 'signal of friendship' and beneficial to the global economy. Japan's Finance Ministry and US Treasury Secretary Scott Bessent both signaled willingness to intervene again if needed. The yen surged as much as 1.4% to 155.20 per dollar, while the Nikkei fell. Analysts estimate Japan's intervention may have totaled around $52.8 billion, with the Bank of Japan hinting at further rate hikes.

us39

US Wildfire Season Exceeds 10-Year Average as 99 Large Fires Burn

The US wildfire season has surpassed the 10-year average for both number of fires and acres burned, with 99 large fires currently active across the country. Washington and Oregon are hardest hit: Washington's Spokane Complex Fire has forced 60,000 evacuations and destroyed 640 structures, while Oregon has set a modern record for acres burned. Climate change is cited as a contributing factor to the increased frequency and intensity of fires.

Show summary

The US wildfire season has surpassed the 10-year average for both number of fires and acres burned, with 99 large fires currently active across the country. Washington and Oregon are hardest hit: Washington's Spokane Complex Fire has forced 60,000 evacuations and destroyed 640 structures, while Oregon has set a modern record for acres burned. Climate change is cited as a contributing factor to the increased frequency and intensity of fires.

us39

Trump administration diverts asylum seekers directly to deportation court

The Trump administration introduced a new rule on Tuesday that diverts asylum seekers directly into deportation court, bypassing the regular asylum process, in an effort to accelerate deportations. The rule, effective immediately, is criticized by the ACLU as part of a broader attack on humanitarian protections, risking deportation to dangerous countries and harming communities and the economy. The policy also includes plans to detain asylum seekers and end legal representation for children, raising concerns about a humanitarian catastrophe.

Show summary

The Trump administration introduced a new rule on Tuesday that diverts asylum seekers directly into deportation court, bypassing the regular asylum process, in an effort to accelerate deportations. The rule, effective immediately, is criticized by the ACLU as part of a broader attack on humanitarian protections, risking deportation to dangerous countries and harming communities and the economy. The policy also includes plans to detain asylum seekers and end legal representation for children, raising concerns about a humanitarian catastrophe.

us38

Chevron CEO warns energy markets fragile amid Iran war and shipping disruptions

Background: The U.S.-Israeli war with Iran has led to the closure of the Strait of Hormuz, driving global oil stocks near an eight-year low and causing energy market volatility. New development: Chevron CEO Mike Wirth warned that global energy markets remain 'fragile and uncertain' due to the Iran war, citing risks to oil transit routes including the Strait of Hormuz and the Red Sea. He noted that inventories have been drawn down worldwide and that energy assets have been targeted, degrading system capacity. Wirth discussed potential long-term changes, including a pipeline to the Mediterranean, as the U.S. considers reopening refineries to address supply issues. U.S. gas prices have risen above $4 per gallon since the war began, reaching $4.10 on Sunday.

Show summary

Background: The U.S.-Israeli war with Iran has led to the closure of the Strait of Hormuz, driving global oil stocks near an eight-year low and causing energy market volatility. New development: Chevron CEO Mike Wirth warned that global energy markets remain 'fragile and uncertain' due to the Iran war, citing risks to oil transit routes including the Strait of Hormuz and the Red Sea. He noted that inventories have been drawn down worldwide and that energy assets have been targeted, degrading system capacity. Wirth discussed potential long-term changes, including a pipeline to the Mediterranean, as the U.S. considers reopening refineries to address supply issues. U.S. gas prices have risen above $4 per gallon since the war began, reaching $4.10 on Sunday.

Frequently Asked

5
Why did Trump pause the attack on Iran?
Trump said Saudi Arabia, Qatar and the UAE asked him to stop the planned attack, and that negotiations would begin Monday. Tehran denied requesting a halt.
What military constraints did the US face?
A CENTCOM proposal called for a 10-to-14-day air campaign, but depleted munitions and diminished Patriot and THAAD interceptor inventories could affect operations.
How much war funding did the administration request?
The administration requested $21 billion in supplemental war funding and $95 billion for munitions in the 2027 defence budget.
How did Iran test US limits during the week?
Iran launched a ballistic-missile attack on US forces in Jordan, prompting heavy US strikes on IRGC targets. US and Saudi forces also hit Iran-aligned groups in Iraq after over 30 drone attacks in 72 hours.
What was public opinion on the Iran war?
A Reuters/Ipsos poll found only 33% of Americans supported the war and 62% opposed it. An AP-NORC poll found most Americans did not consider the war worth fighting.