Answers

• Federal Reserve Chair Kevin Warsh is set to deliver his first major speech during the bank's annual economic retreat in Jackson Hole. • The address serves as a critical platform for Warsh to outline his specific strategy for managing inflation and stabilizing the economy. • This appearance is viewed as a pivotal moment for Warsh to establish his leadership and boost his professional credibility with markets and policymakers.

Senator Ruben Gallego calls carrier’s months-long deployment a ‘deep problem’ as wellbeing concerns mountDemocrats on Sunday intensified their demands for answers from the Trump administration over conditions aboard the USS Abraham Lincoln as the aircraft carrier’s nearly nine-month deployment continued fueling concern over crew morale, mental health and living conditions.Ruben Gallego, a Democratic senator from Arizona, said on Sunday that problems aboard the Lincoln had kept mounting – and he blamed the carrier’s prolonged deployment on the unresolved war that Donald Trump started in February with Iran as well as lackluster leadership in general from the Republican president’s administration. Continue reading...

Reform says it will free up space in jails in England and Wales by rapidly deporting all foreign offendersGood morning. Andy Burnham has said Middlemarch is his favourite novel, but he may not remember George Eliot’s line about the genial businessman Mr Vincy who “blustering as he was, had as little of his own way as if he had been a prime minister”. Burnham only took over in No 10 three weeks ago today. But already he is learning that Eliot had a point about the constraints of office.As PM, Burnham became responsible for the prisoner early release scheme due to come into force in September, which is hugely controversial because it will lead to killers, rapists and sex offenders being released early. Burnham immediately said he was “pausing” the scheme pending a rethink, and early last week he announced he was changing the rules to make the scheme more restrictive. Explaining the move in an article for the Daily Telegraph, Burnham said that he “wanted to go even further” but that the plan he was announcing “pushed to the very limits of what is possible to do.” He added: “I know I can look people in the eye and say to them there is nothing more I could have asked for without risking the prison system reaching capacity and collapsing within months.”Yusuf [says] Reform will deport “all 10,000 foreign nationals from our prisons.” Of the 10,134 foreign nationals in custody in England and Wales, nearly a third are on remand, i.e. they haven’t been convicted of a crime yet. A Reform official confirmed foreign nationals will only come in scope of the party’s scheme if and when they’re convicted. Then there are questions about what’d happen after inmates in Kosovo finish their sentence (Reform would put a lifetime ban on returning to the U.K.). Or matters like El Salvador’s human rights record — though Playbook can imagine how Farage will respond to that one.Keeping the public safe is and always will be Labour’s first priority. The government has already made clear we are working at pace to deport foreign criminals and we’re building more prison places to deliver justice for victims and keep criminals behind bars.Reform have no serious answers to the Tory prisons crisis and would lead the system to collapse. This would result in a free for all for dangerous and violent offenders, including murderers and rapists. Nigel Farage and Reform simply can’t be trusted to keep Britain safe. Continue reading...

• Rohit Sarin of Client Associates has updated his market outlook, upgrading his stance on mid-cap stocks to "overweight" and small-caps to "neutral." • The assessment favors sectors aligned with India's domestic growth story, specifically highlighting banking and financial services as key areas for potential earnings growth. • These sectors are expected to perform well due to resilient asset quality, improving credit growth, and strong domestic inflows.

• Rohit Sarin of Client Associates has upgraded his market stance, moving mid-caps to "overweight" and small-caps to "neutral." • Sarin suggests a potential 10% market rally is possible, though it remains contingent on the evolution of geopolitical tensions in West Asia. • The outlook is supported by resilient domestic fundamentals, including strong economic activity, steady institutional inflows, and attractive large-cap valuations.

Lawmakers question delays in medical care, casualty figures and Pentagon’s handling of drone attack in KuwaitUS politics live – latest updatesThe Trump administration is facing growing demands to explain why wounded US soldiers went more than a week without adequate hospital care after a March drone strike in Kuwait, just days into the US-Israel war on Iran.In a letter to the US defense secretary, Pete Hegseth, congressional Democrats urged the Pentagon to answer their questions – which include why the Pentagon’s public casualty count for the war with Iran briefly changed – by 12 August. Continue reading...

Today show host says her family ‘will always ache for’ mother Nancy, who has been missing for nearly six monthsSavannah Guthrie has posted a new video asking those responsible for her mother’s unsolved disappearance to “do the right thing” and point her family to their matriarch’s location after nearly six months.In a new Instagram video posted on Monday, captioned “Bring her home” alongside a yellow heart emoji, the NBC Today host issued an emotional public plea, saying: “It has been months since our mom was taken from us. Our family is in agony. We are in a nightmare that will not end. Nothing about our situation has changed. We have done our part. We will never stop looking for her.” Continue reading...