The Trump administration launched its “Economic Fury” campaign to hobble Iran’s economy with sanctions more than a month ago. So far, the country is unbowed. Treasury Secretary Scott Bessent exhorted allies earlier this week to join the US in its…
A Ukrainian drone attack caused a fire at another Russian oil terminal overnight, local officials in Russia’s Krasnodar region said Saturday, in what appeared to be the latest attack on Moscow’s vital oil industry. Authorities in the city of Novorossiysk said falling…
A person who approached a White House security checkpoint and began firing at officers has died, according to federal officials. The U.S. Secret Service said in a statement late Saturday that, according to a preliminary investigation, the person approached a…
David Brock Smith won the Republican primary for U.S. Senate in Oregon on Friday, in the last significant race to be called following the state’s May 19 primary election. Brock Smith, a state senator, emerged from a field of seven candidates…
President Donald Trump announced Saturday that an agreement to reopen the Strait of Hormuz is near, but a top ally in Congress raised red flags about the implications for the balance of power in the Persian Gulf. In a social…
Recent weeks have seen a major selloff in the bond market as high oil prices spike inflation, but deteriorating U.S. fiscal health is increasingly a dominant factor, according to analysts at Bank of America. In a note on Friday, BofA…
When Dev Shah won the Scripps National Spelling Bee in 2023 and Faizan Zaki took the title last year, they posed for remarkably similar photos on the confetti-strewn stage. Standing next to them, beaming, was a bespectacled man in an aloha shirt, holding up…
The United States and Iran are close to agreeing on a memorandum of understanding aimed at ending the war, two regional officials and a diplomat said Saturday, as the United States has weighed a new round of attacks on the Islamic…
On the same day that Kevin Warsh was sworn in as the new Federal Reserve chairman, the University of Michigan’s consumer sentiment survey delivered a worrisome reading on inflation expectations and a major red flag for the central bank. In…
Stephen Colbert chatted with Paul McCartney and joined him on stage for a raucous performance of “Hello, Goodbye” on the final broadcast of CBS’ “The Late Show” on Thursday night, a bittersweet farewell for a canceled show that still had a few barbs…