U.S. President Donald Trump speaks to the media aboard Air Force One en route to Joint Base Andrews, in Maryland, U.S., August 2, 2026. Daniel Heuer | Reuters President Donald Trump won an 11th-hour court reprieve Thursday that temporarily blocks the BBC from obtaining detailed records on the finances and ownership of his business empire…
An overall view of the manufacturing line in a Hadrian Automation Inc. factory. Courtesy: Hadrian Automation, Inc. Riding a wave of enthusiasm for defense tech, manufacturing startup Hadrian on Thursday closed its latest round of funding at a nearly $8 billion valuation, more than quadruple where investors valued the company in January. The round was…
People queue to refuel their cars at a Gazpromneft petrol station in Yaroslavl on July 15, 2026. Russia — one of the world’s largest oil producers — has introduced a swath of restrictions on petrol sales across the country, as Ukrainian strikes on its refineries, depots and logistics crimp domestic supply. Igor Ivanko | Afp…
Arleigh Burke-class guided-missile destroyer USS Frank E. Petersen Jr. (DDG 121) sails behind the Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72), June 27, 2026. Frank E. Petersen Jr. is deployed to the U.S. 5th Fleet area of operations to support maritime security and stability in the Middle East. Courtesy: U.S. Navy Iran said the…
President Donald Trump‘s mass deportation campaign has caused the costs of groceries, homes and healthcare to rise and local economies to contract, a new report from the pro-immigration advocacy group America’s Voice. The group deems those added costs the “ICE Tax” — a reference to U.S. Immigration and Customs Enforcement — and on Wednesday released…
Abdul El-Sayed, left, and Rep. Haley Stevens, D-Mich., are the Democratic Senate candidates from Michigan. Getty Images Abdul El-Sayed, the progressive, anti-establishment Democrat running for Senate in Michigan, likely defeated Rep. Haley Stevens in one of the most closely watched and impactful primary elections of the 2026 midterms. El-Sayed was ahead of Stevens by one…
Treasury Secretary Scott Bessent said Tuesday that the U.S. joined Japan‘s effort to strengthen the yen because the currency’s weakness risked destabilizing markets across Asia. “A stable yen is not only important for the U.S., but very important for the entire region,” Bessent said on CNBC’s “Squawk Box.” Bessent said a sharply weaker yen could…
A woman and a child walk past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July 24, 2026. Afp | Getty Images President Donald Trump has warned that the latest round of negotiations with Iran is the “last chance” to bring an end to the five-month conflict. Trump told reporters in the Oval…
The Federal Reserve may soon be drawn into the Trump administration’s efforts to back the embattled currency of U.S. ally Japan. Treasury Secretary Scott Bessent wants the apolitical Fed to expand a lending facility that would enable Japan to support its currency without roiling the sensitive U.S. Treasurys market. That request comes as new Fed…
A coalition of 25 Democratic-led states sued the Trump administration Monday, arguing President Donald Trump exceeded his authority by imposing sweeping tariffs on goods from 60 U.S. trading partners. The complaint, filed in the U.S. Court of International Trade, challenges tariffs of 10% or 12.5% on most goods imported from the affected economies, which together…
