President Donald Trump says combat will continue in Iran until U.S. “objectives” are complete. Those objectives and the justification for the war have remained fluid more than 48 hours into the conflict. Trump and his proxies have not been aligned on their narrative, leading to confusion about how Trump and his advisors are defining the…
MINNEAPOLIS — Target on Tuesday posted another quarter of falling revenue and customer traffic at its stores, though its shares rose as the retailer’s earnings beat estimates and it said it is poised to end its sales slump. The big-box retailer, which is in the middle of a turnaround effort, said sales and traffic trends…
Brendan Carr, chairman of the Federal Communications Commission, has told CNBC that Paramount’s bid to buy Warner Bros. Discovery is “cleaner” than Netflix’s, adding he expected it to be approved “pretty quickly.” “There’s a lot of concerns when Netflix was the potential buyer there,” Carr said on the sidelines of the Mobile World Congress in…
US Homeland Security Secretary Kristi Noem looks on before the start of a Senate Judiciary Committee hearing on oversight of the Department of Homeland Security, on Capitol Hill in Washington, DC on March 3, 2026. Jim Watson | Afp | Getty Images Senate Judiciary Chair Chuck Grassley, R-Iowa., criticized Homeland Security Secretary Kristi Noem on…
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, speaks during an Economic Club of New York (ECNY) event in New York, US, on Thursday, Sept. 4, 2025. David Dee Delgado | Bloomberg | Getty Images American consumers and businesses are taking most of the hit from President Donald…
A prolonged surge in natural gas prices triggered by the ongoing war in the Middle East risks denting European growth and hitting some Asian economies hard, analysts have warned. Global gas prices have soared this week amid fears of a lengthy disruption to energy flows through the Strait of Hormuz — a key shipping route…
Versant Media Group, the newly minted spinout of TV networks and digital assets from Comcast, released its first earnings report on Tuesday. The company reported full-year revenue of roughly $6.69 billion for 2025, down 5% from the prior year. Versant is reporting a breakdown of its earnings from its final year under the ownership of…
Sign at the main entrance to a Best Buy store in Venice, Florida. Erik McGregor | Lightrocket | Getty Images Best Buy posted mixed results on Tuesday as the retailer’s holiday-quarter sales declined and came in below Wall Street’s expectations, but its earnings topped estimates as it showed improved profitability. For the current fiscal year,…
Tuesday is the first moment of truth for the 2026 midterm elections. It’s the day the first polls will close to kick off a seven-month stretch of primaries that will help shape who will win the House and Senate on Election Day, Nov. 3. While Democrats are favored to win the House and Republicans seem…
Damircudic | E+ | Getty Images By many measures, the SAVE, or Saving on a Valuable Education, student loan plan was defunct. The Biden administration-era affordable repayment plan faced several legal challenges, and Congress voted over the summer to repeal the program. But Judge John Ross, of the U.S. District Court for the Eastern District…
