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Fed Holds Rates at 3.5-3.75% as Three Officials Dissent; DAX Closes Mixed July 30
Fed holds rates steady at 3.5-3.75% with three dissents. German DAX rises 0.6% despite inflation fears and rising US Treasury yields. Adidas crashes 13% on profit warning.
Yokohama Mayor Yamanaka Admits Power Harassment; 7 Violations Confirmed July 30
Yokohama Mayor Takeharu Yamanaka apologizes after third-party probe confirms seven counts of workplace harassment, including calling staff ‘useless’ and ‘human scum,’ with 60% of surveyed employees witnessing abuse.
Fukuoka LDP Official Held Fundraiser During Magnitude 7 Earthquake on July 28
Fukuoka LDP leader Matsuo Toshiyaki held a 600-person political fundraiser on July 28, one hour after a magnitude 7 earthquake hit Kumamoto. The event included a comedian performance and cost 15,000 yen per attendee.
BMW Plans 8,000 Job Cuts by End of 2027 Amid China Slump
BMW to cut 8,000 jobs by end-2027 via voluntary redundancy program. Move targets admin and R&D roles in Germany as China sales plunge 30% and competition intensifies.
Aston Martin Aramco F1 Team Debuts Honda’s New Engine at Hungaroring on July 31
Aston Martin F1 team debuts upgraded Honda engine at Hungaroring filming day ahead of Dutch Grand Prix debut. Team shows first signs of progress after difficult 2026 start with 16-part car upgrade.
Fauci Invokes Fifth Amendment Over 100 Times in Senate Hearing on July 30
Dr. Fauci invoked the Fifth Amendment over 100 times during a Senate hearing on COVID-19 origins led by Sen. Rand Paul on July 29. The committee chair threatened contempt proceedings.
Chicago Mayor Signs Executive Order Tightening Gun Vendor Standards on July 29
Chicago Mayor Brandon Johnson signed an executive order Wednesday requiring gun dealers to disclose compliance records and prevent trafficking. The city has 90 days to develop new standards.
Trump Approval Hits 34% in CNN/SSRS Poll; Republicans Show Record Low Enthusiasm
CNN/SSRS poll finds Trump approval at 34%, a career low. 73% say he hasn’t paid enough attention to key problems. Republican enthusiasm drops to 19%.
Labor MP Luke Gosling Charged With Assault; Faces Court on September 1
Labor MP Luke Gosling charged with two counts of assault on NT Administrator David Connolly after July 18 incident. Bail granted; court appearance set for September 1, 2026.