A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Negotiations between the U.S. and Iran over opening this critical waterway have largely stalled as the countries have rejected each other’s proposals to end the war that began when the U.S. and Israel attacked Iran on February 28….
U.S. drivers will pay gasoline prices near four-year highs when they fuel up for travel over the long Memorial Day weekend and should expect more pain at the pump this summer if the Strait of Hormuz does not reopen. The average gasoline price stood at $4.55 per gallon on Friday, an increase of more than…
Customers shop for eggs at an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty Images Egg prices are finally cooling in a welcome shift for consumers. But now a new challenge is sending producers scrambling: they have too many eggs at a time when their input costs are rising….
Kilmar Abrego Garcia leaves a check-in at the U.S. Immigration and Customs Enforcement Baltimore Field Office the day after a federal judge ordered his release from a detention in Pennsylvania, on Dec. 12, 2025 in Baltimore, Maryland. Chip Somodevilla | Getty Images A federal judge in Tennessee on Friday dismissed human smuggling charges against Kilmar…
US President Donald Trump and Donald Trump Jr. walk on the south lawn toward the White House in Washington, DC, on May 3, 2026. Mandel Ngan | AFP | Getty Images President Donald Trump on Friday said he won’t attend the wedding this weekend of his eldest son, Donald Trump Jr., to socialite Bettina Anderson….
Director of National Intelligence (DNI) Tulsi Gabbard speaks during a press briefing, at the White House in Washington, D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Tulsi Gabbard is resigning as President Donald Trump‘s director of national intelligence, she announced Friday. Gabbard, in a resignation letter addressed to Trump, said she has to step…
US President Donald Trump speaks during an announcement in the Oval Office of the White House in Washington, DC, US, on Thursday, May 21, 2026. Al Drago | Bloomberg | Getty Images President Donald Trump on Friday defended the controversial new Department of Justice “Anti-Weaponization Fund,” saying, “I gave up a lot of money” in…
President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up…
An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images The U.S. and Iran have signaled progress in talks to end the war, but the combatants remain at loggerheads over Tehran’s enriched…
Traders work on the floor of the New York Stock Exchange during morning trading on May 21, 2026 in New York City. Michael M. Santiago | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. What a difference a week makes. On Monday,…
