US Politics & Business News
Oil prices climbed to near seven-week highs as Iran signaled plans to increase its control over the critical Strait of Hormuz shipping lane. Iran confirmed it had rejected a 15-point US proposal aimed at ending the ongoing conflict, instead submitting its own set of conditions to negotiators. Among Tehran’s key demands is formal recognition of…
Japan’s foreign reserves have fallen at their fastest pace since the finance ministry began keeping records in 2000, dropping 6.18% in August. Finance ministry data showed that foreign reserves stood at $1.207 trillion, down sharply from July’s figure of $1.287 trillion. The decline marks the fourth consecutive month that reserves have contracted, extending a troubling…
Democrats and reproductive rights groups are making Sen. Susan Collins’s vote to confirm Justice Brett Kavanaugh the centerpiece of their campaign to unseat her. Opponents argue Collins paved the way for the Supreme Court’s decision to overturn Roe v. Wade by casting a pivotal vote in Kavanaugh’s confirmation. Maine Democratic Senate nominee Troy Jackson released…
Transportation Secretary Sean Duffy ordered a full ground stop at Miami International Airport on Sunday after an Amazon cargo plane overran a runway and caught fire. The incident occurred at approximately 2 p.m. EDT when 21 Air Flight 7598 overshot the runway following a landing at Miami International Airport. The Boeing 767-300 cargo aircraft had…
President Trump posted a map on Truth Social labeling New Mexico as “New America,” picking up on a debunked online hoax that circulated widely across social media platforms. The map Trump shared showed a large “X” crossed over the word “Mexico” in the state’s name, with “America” written below it in its place. The official…
Special envoy Steve Witkoff says the United States is confident that ongoing trilateral negotiations will produce a “good resolution” to the war in Ukraine. Witkoff and Jared Kushner, President Trump’s son-in-law, made their first visit to Kyiv on Sunday to negotiate an end to Russia’s yearslong war in Ukraine. During a press conference following the…
The USS Abraham Lincoln has left Thailand and is now heading back to its home port of San Diego after completing a 286-day deployment in the Middle East. The carrier spent five days in Thailand before departing Sunday, marking its first port stop after 264 consecutive days at sea. U.S. Navy Capt. Dan Keeler, the…
Homeowners across the United States are growing increasingly anxious about whether nearby data centers will drag down the value of their most important financial asset. Community meetings, government hearings, and social media feeds in towns weighing proposed data center projects have become battlegrounds for opponents warning of neighborhood industrialization. Critics cite pollution from backup generators,…
A common retirement planning question centers on whether high earners in their 60s can still benefit meaningfully from converting traditional retirement accounts to Roth accounts. A couple earning $345,000 annually in pensions and holding $1 million in 403(b) accounts are weighing whether Roth conversions remain a viable strategy at their stage of life. The short…
House Democrats are watching an internal leadership contest take shape, with two prominent members positioning themselves for a key caucus role. Reps. Sara Jacobs of California and Lauren Underwood of Illinois are both expected to seek the Democratic Caucus vice chair post in what is shaping up to be a competitive race. “A fierce internal…