Day: July 9, 2026

A Mesa tech startup previously featured for its child-focused smartphone is now trying to steady itself after its former CEO became the subject of a federal investigation.
Cyber Dive, the company behind the Aqua One phone, confirmed it is dealing with a financial crisis tied to allegations outlined in a federal court filing. The FBI is investigating former CEO Jeffrey Gottfurcht in connection with two counts of wire fraud, according to documents filed in U.S. District Court in Arizona in June.
The investigation began after Gottfurcht’s wife, Emily Gottfurcht, reported concerns to the company’s co-founder and authorities, according to the probable-cause statement. The couple is in the process of divorcing.

THE STORY: https://www.azfamily.com/2026/07/09/mesa-tech-startup-rocked-by-fbi-wire-fraud-probe/

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Central banks face new credibility test over rate cuts

Economists at the Tashkent Monetary Policy Dialogue warned that premature rate cuts could keep inflation above target. Uzbekistan’s lower inflation, falling expectations and reduced dollarisation show how credibility shapes monetary policy.

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Iran launches retaliatory strikes on Gulf states as Trump warns US bombing could get ‘much worse’

Iran’s Revolutionary Guards said they had struck US military bases in Bahrain and Kuwait in response to fresh American strikes. They also warned their responses would expand to other bases across the region if US attacks were repeated.

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The U.S. military said Thursday it had ended its latest round of airstrikes targeting Iran after hitting some 90 targets. The U.S. military’s Central Command released black-and-white footage of what appeared to be strikes targeting an airport runway and missile launchers.

#usa #iran

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