US inflation cools faster than expected as June CPI rises 3.5% year‑on‑year U.S. consumer prices in June rose 3.5% year‑on‑year, easing more than economists anticipated and signaling a renewed slowdown …
warns
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Business
GEMA Chief Warns of 75,000 AI-Generated Songs Daily, Sues OpenAI and Suno
by Leo Müllerby Leo MüllerGEMA chief Tobias Holzmüller on AI dispute: “75,000 AI songs every day is alarming” GEMA chief Tobias Holzmüller on AI dispute: Holzmüller warns that 75,000 AI-generated songs produced daily threaten …
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Politics
Hamshahri publishes list naming Merz and Western leaders as Germany warns
by Hans Ottoby Hans OttoHamshahri list names Friedrich Merz among Western leaders in Iranian revenge graphic Hamshahri list published a graphic naming Western leaders including Friedrich Merz, prompting German politicians to warn of heightened …
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World
Iran and US exchange strikes across Gulf as Iran warns of escalation
by anna walterby anna walterIran-US strikes escalate as Iran targets regional radars and US hits dozens of military sites Iran-US strikes escalate as Tehran hits radars and military sites across Gulf states while the …
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Business
GdW warns German housing construction will fall to 200,000 units in 2026
by Leo Müllerby Leo MüllerGermany housing construction set to fall further in 2026, GdW warns GdW warns Germany will complete about 200,000 homes in 2026 against a 320,000-unit need, blaming high costs, rising borrowing …
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Technology
Infineon raises prices and warns of renewed chip allocation risk
by Helga Moritzby Helga MoritzInfineon Announces Price Increases as CFO Warns of Possible Allocation Infineon raises prices in selected segments; CFO warns allocation may return amid tight chip supply, pressuring customers and reshaping market …
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Technology
OpenAI warns AI cost surge is a major problem, pledges cheaper models
by Helga Moritzby Helga MoritzOpenAI Costs Surge: Altman Warns Rising AI Expenses Became a “Huge Problem” as Company Pushes In-House Models OpenAI costs have surged this year, CEO Sam Altman acknowledged, prompting the company …
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World
Iran warns it will abandon Islamabad deal if US continues violating obligations
by anna walterby anna walterIran Says It May Abandon Islamabad Understanding if U.S. Violations Continue Iran warns it may abandon the Islamabad Understanding if Washington persists in alleged breaches of the agreement that was …
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Business
Volkswagen reaffirms sweeping realignment, warns of possible plant closures and job losses
by Leo Müllerby Leo MüllerVolkswagen Confirms Major Restructuring as Board Weighs Sweeping Cost Cuts Volkswagen confirms a major restructuring as CEO Oliver Blume and the board weigh new savings, possible plant closures and up …
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World
Strait of Hormuz security at highest level, UK Maritime Trade Operations warns
by anna walterby anna walterUKMTO Declares Highest Threat Level in the Strait of Hormuz After New US‑Iran Attacks UKMTO warns of the highest security threat in the Strait of Hormuz on July 10, 2026, …