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MACROSTORY 857· JULY 14, 2026

House Democrats split over vote to cut all U.S. aid to Israel

A congressional amendment, meaning a provision attached to a larger funding bill that changes or restricts how money is spent, is forcing House Democrats into an uncomfortable choice this week. The measure, filed by Representative Thomas…

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Fed raises rates a quarter point: what it means for credit cards, mortgages, car loans, and savings

A rate hike is when a central bank raises the price banks pay to borrow money from each other overnight; that cost then passes into nearly every consumer loan in the country. The Federal Reserve just raised that rate by a quarter of a…

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Messi named in Argentina's preliminary squad as potential farewell to national team draws near

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BRICS nations agree to condemn unilateral war; formal vote set for Saturday

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