News

The U.S. State Department has approved the sale of C-17 transport aircraft to Kuwait for an estimated value of $484 million.

The U.S. State Department approved the sale of advanced precision strike weapon systems and related equipment to Saudi Arabia, with an estimated transaction value of US$1.96 billion.

U.S. Central Command: The U.S. military implemented maritime blockade measures against Iran in the Arabian Gulf on July 15 and stopped an unloaded oil tanker that was trying to sail to an Iranian port.

U.S. Securities and Exchange Commission (SEC) filings show Nike (NKE.N) CEO Elliott Hill's total compensation in 2026 will be $36.3 million.

Nike (NKE.N): As of May 31, 2026, it has received US$302 million in IEEPA tariff refunds, and another US$684 million is waiting to be returned.

U.S. Treasury Secretary Bessent chaired an internal meeting of the Financial Stability Oversight Committee on the 15th local time. During the internal meeting, the committee heard a briefing from Treasury staff on a recent cross-agency geopolitical risk tabletop exercise sponsored by Treasury to implement the committee's work to promote economic security. The committee also heard a report on the work of the Artificial Intelligence Working Group, and briefings on four public-private sector roundtables organized jointly by the Commission and the Ministry of Finance within the framework of the Artificial Intelligence Innovation Series. These discussions are intended to support the continued strength and resilience of the U.S. financial system in an era of accelerated technological change. The committee then heard a briefing on the quarterly Financial Stability Monitor report, which discussed supply chain risks, the impact of artificial intelligence on labor and capital markets, and cybersecurity issues. Finally, the committee heard a report on the planning work for the upcoming 2026 annual report. The committee also voted to approve the minutes from its last meeting on May 6.

President Trump: We will take action soon to make it easier for veterans to become truck drivers.

Hassett, Director of the White House National Economic Council: Today I met with Treasury Secretary Bessant to discuss the future tax agenda.

US President Trump: General Dynamics' progress is slower than we hoped.

US President Trump: We need to speed up submarine construction.

Hassett, director of the White House National Economic Council: There is a large deviation in the current GDP growth forecast.

US President Trump: When the situation in Iran stabilizes, oil prices will drop to US$55 per barrel.

US President Trump: (Regarding Iran) They will be defeated soon.

The Dow Jones Index closed up 150.25 points, or 0.29%, at 52658.52 points on July 15 (Wednesday);The S&P 500 Index closed up 28.8 points on July 15 (Wednesday) 5 points, an increase of 0.38%, to 7572.44 points;The Nasdaq Composite Index closed up 162.22 points, or 0.62%, to 26269.23 points on July 15 (Wednesday).

U.S. President Donald Trump praised the CEOs of JPMorgan Chase (JPM.N), Boeing (BA.N) and General Dynamics.

U.S. President Trump: (on defense) We need to spend a little more money on defense production.

U.S. President Trump: Will announce nearly $10 billion in investments in the defense industry.

According to NewsNation: Trump said that if a solution cannot be reached with the Iranian Revolutionary Guards, the United States may eliminate them like it did with the "Islamic State".

US President Trump: Iran wants to meet.

US President Trump: The United States should have the lowest interest rates in the world.