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NPR News: 07-29-2026 3PM EDT

Jul 29, 2026 · 4m

Summary

The Federal Reserve holds interest rates steady despite inflation pressures from the U.S.-Iran conflict, while the Trump administration ends Medicare drug subsidies early, raising premiums for seniors. Meanwhile, devastating wildfires force mass evacuations in southern Europe, and an earthquake kills 18 in Japan. The episode also covers the Supreme Court appeal regarding E. Jean Carroll’s defamation verdict against Trump and the opening of a new AI-generated art museum in Los Angeles.

Topics discussed

Schwab investment advertisement Federal Reserve holds interest rates steady Medicare drug plan subsidies ending early Wildfires rage across southern Europe Search operation continues after Japan earthquake Trump asks Supreme Court to dismiss defamation verdict New AI-generated art museum opens in Los Angeles State of the World podcast promotion
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