SBS News

Fed Chair Warsh: 'No Tolerance' for High Inflation, 'Mission Not Accomplished' Despite CPI Slowdown Federal Reserve, expressed his determination on July 14 not to tolerate persistently high levels of inflation. SBS Jul 15, 2026 7:36 AM

Fed Chair Warsh: "Will Not Tolerate High Inflation," Declares "Mission Not Accomplished" Despite CPI Slowdown Federal Reserve, expressed his determination on July 14 not to tolerate persistently high levels of inflation. SBS Jul 15, 2026 6:53 AM

New York Stock Market Rallies on Semiconductor Gains as Inflation Concerns Ease; Nasdaq Up 1% inflation eased and artificial intelligence -related semiconductor stocks showed strength. SBS Jul 15, 2026 6:51 AM

Iran Launches Missile Retaliation Against U.S. Bases, Threatens Oil and Gas Exports Iran has also launched retaliatory attacks, firing missiles and drones at U.S. military bases. SBS Jul 15, 2026 6:26 AM

"Investment Instead of 20% Toll"... Maritime Blockade Resumes U.S. President Donald Trump has reversed his position just one day after announcing a 20% toll on ships passing through the Strait of Hormuz. SBS Jul 15, 2026 6:25 AM

U.S. Begins Naval Blockade of Iran, Deploying Over 20 Warships and Hundreds of Aircraft Eastern Time on July 14 (5:00 a.m. KST on July 15). One hour prior to the start of the blockade, the U.S. SBS Jul 15, 2026 6:15 AM

U.S. Military Deploys Unmanned Surface Vessels for Combat: From Rescue to Attack military is drawing attention for the first-ever combat deployment of unmanned surface vessels during its war with Iran. SBS Jul 15, 2026 5:49 AM

Fed Chair Warsh: "Will Not Tolerate High Inflation," Reaffirms Central Bank Independence Federal Reserve, stated on July 14 that he would not tolerate persistently high levels of inflation. SBS Jul 15, 2026 5:45 AM

Trump Pays Over 8 Billion Won in Damages to Victim of Sexual Abuse from 30 Years Ago Jean Carroll leaving a New York court U.S. President Donald Trump has paid over 8 billion won in damages to fashion columnist E. SBS Jul 15, 2026 5:44 AM

Cyclosporiasis Cases Surge in U.S., Spreading Across Over 30 States The U.S. Centers for Disease Control and Prevention announced on July 14 that the number of confirmed cyclosporiasis cases in the country has reached 1,645 since May 1. SBS Jul 15, 2026 5:44 AM