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President Donald Trump listens during a cabinet meeting, Friday, July 31, 2026, at Camp David, the presidential retreat, near Thurmont, Md., Friday, July 31, 2026. (AP Photo/Jacquelyn Martin)

Trump wanted interest rate cuts to be 'Rocket Fuel' for the economy. He is losing that fight so far

Saturday, August 1

President Donald Trump has for months pressured the Federal Reserve to slash interest rates, claiming it would be “Rocket Fuel!”

FILE - San Francisco Giants center fielder Harrison Bader (9) bats during the eighth inning of a baseball game May 29, 2026, in Denver. (AP Photo/David Zalubowski, File)

Giants suspend pay to injured outfielder Harrison Bader following scooter accident

9:00 PM on Friday, July 31

The San Francisco Giants are suspending payment to injured outfielder Harrison Bader after he aggravated his injured left foot during a scooter accident last weekend

FILE - Former Rep. George Santos arrives at federal court for sentencing, April 25, 2025, in Central Islip, N.Y. (AP Photo/Julia Demaree Nikhinson, File)

George Santos agrees to $35,000 settlement in federal probe over Kalshi trades

6:56 PM on Friday, July 31

Disgraced former Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi

Puerto Rico authorizes $2 billion coastal luxury development that activists oppose

6:14 PM on Friday, July 31

Puerto Rico’s government has authorized construction of a $2 billion luxury development in the island’s southwest region that environmentalists have decried, warning it would strain the U.S. territory’s resources and threaten wildlife

How major US stock indexes fared Friday 7/31/2026

4:24 PM on Friday, July 31

U.S. stocks rallied to the finish of a wild July as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation

FILE - Federal Communications Commission Chairman Brendan Carr departs an event in the East Room of the White House, March 20, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson, File)

FCC chairman defends actions against ABC, says broadcasters must operate 'in the public interest'

3:58 PM on Friday, July 31

Federal Communications Commission Chairman Brendan Carr is defending the agency's actions against ABC, saying broadcasters have a duty to operate in the public interest

FAU hires Josh McCowan as athletic director and vice president

2:55 PM on Friday, July 31

Josh McCowan has been hired as Florida Atlantic vice president and athletic director, filling the positions vacated six weeks ago when Brian White left the Owls to take over Virginia Tech’s athletic department

FILE - The Union Pacific International Railroad Bridge is seen behind concertina wire, Sept. 22, 2023, in Eagle Pass, Texas. (AP Photo/Eric Gay, File)

Trump administration pushes tougher English rules for Mexican train crews crossing into the US

2:38 PM on Friday, July 31

The Trump administration wants to make sure that the Mexican train crews hauling freight just over the border can understand key safety information in English and that the common practice of using foreign crews to cross into America doesn’t threaten U.S. jobs

FILE - The State Department seal is seen on the briefing room lectern at the State Department in Washington, Jan. 31, 2022. (Mandel Ngan, Pool via AP, File)

US to make visa bond requirements permanent, affecting mostly African countries

2:34 PM on Friday, July 31

The State Department is making permanent a pilot program under which citizens from 50 countries, mainly in Africa, are required to post bonds to apply for a U.S. visa, and it’s raising the cost as well, to as much as $20,000

FILE - Asia Football Confederation President Salman Bin Ibrahim Al-Khalifa, left, poses with FIFA President Gianni Infantino during an inauguration ceremony for the new building of the Asia Football Confederation in Kuala Lumpur, Malaysia Tuesday, Oct. 30, 2018. (AP Photo/Vincent Thian, File)

Infantino abandoned his World Cup equity plan after seismic FIFA backlash. Here's what to know

2:02 PM on Friday, July 31

Gianni Infantino has abandoned his plans to invite investors to buy a stake in future profits from the World Cup and all FIFA events

FILE - The official seal of the Office of the Comptroller of the Currency is seen on an office building in Washington, Feb. 13, 2026. (AP Photo/Cliff Owen, File)

Regulators propose overhaul to law governing how banks lend to low-and-middle income communities

1:54 PM on Friday, July 31

The Trump Administration has announced changes to the Community Reinvestment Act, a law that requires regulators to document how well banks do in lending to low-to-middle income neighborhoods

The chart above shows the quarterly changes in U.S. gross domestic product (GDP) and highlights Q2 2026. (AP Digital Embed)

America In Focus: US economy expands at sluggish pace, mortgage rate hit the highest level in a year

12:42 PM on Friday, July 31

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth

The MVM Paks Nuclear Power Plant, which had to close its Reactor 3 due to extremely low water levels on the Danube River, is seen in Paks, Hungary, Wednesday July 29, 2026. (Daniel Kiss)

Hungary braces for a full shutdown of the Paks nuclear plant as the Danube River hits record lows

11:28 AM on Friday, July 31

Hungary's only nuclear power plant is shutting down for the first time due to record-low water levels on the Danube River

Specialist Mark Fitzgerald works on the floor of the New York Stock Exchange, Thursday, July 30, 2026, in New York. (AP Photo/Yuki Iwamura)

US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen

8:49 PM on Thursday, July 30

U.S. stocks rose to the finish of a wild July as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation

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