- The U.S. Navy's acoustic detection system designed to detect enemy submarines first detected what it suspected was the Titan submersible implosion hours after the sub lost communications.
- The Navy couldn’t say definitively the sound came from the Titan, but the discovery played a role in narrowing the scope of the search for the vessel before its debris was discovered.
- All five passengers aboard a missing submersible were believed to be dead after a remote vehicle found debris near the Titanic shipwreck.
- The submersible had departed Sunday for what was supposed to be an hourslong excursion to the Titanic shipwreck, more than 2 miles below the ocean’s surface.
- The U.S. Navy asked that the specific system used not be named, citing national security concerns.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec