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U.S. halts Israel arms shipment over Rafah concerns

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US Defense secretary has temporarily halted a planned weapons shipment to Israel, citing concerns over possible loss of civilians lives in Rafah.

On this episode of Hot Shots – the US halt a shipment to Israel, Former President Donald Trump’s document case faces delays, Tesla’s self-driving promise comes undone and New York is the home of millionaires.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured

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Middle East conflict in the forefront of the U.S. VP debate

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The first and only debate between the U.S. Vice President candidates has concluded – but who emerged the victor?

The live event, held in New York City, featured mostly reserved exchanges on healthcare reform, economic policies, and international relations between the two VP candidates. #featured #trending

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President Biden in the panic room condemns Iran’s attack

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At the White House, President Biden was in the Situation Room. His administration has been trying to prevent a major escalation in the Middle East.

Iran has launched a ballistic missile attack on Israel, targeting key areas in retaliation for the killing of Hezbollah’s leader and an Iranian commander in Lebanon.

Almost 200 Iranian missiles were fired at Israel, but thanks to Israeli and U.S. defence systems, most were intercepted. #featured #trending

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U.S. Feds in no ‘hurry’ to cut rates as confidence in economy grows

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Fed Reserve Chair Jerome Powell indicated the U.S. central bank was not “in a hurry” after new data boosted confidence in ongoing economic growth and consumer spending.

Fed Chair Jerome Powell says “disinflation has been broad-based,” and recent data suggests progress towards the Fed’s 2% inflation target.

Powell says the Fed is not rushing to lower rates but will make decisions based on how the economy evolves.

When asked about rate cuts, Powell says it’s a process that will “play out over time,” signalling a steady but cautious approach. #featured #trending

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