Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | Reuters Iran declared the Strait of Hormuz closed again on Saturday and warned vessels to stay away from the critical shipping route, but the U.S. denied those claims, stating the waterway remained open. Tensions between the two countries escalated…
The growing push to restrict Americans from using federal food aid to buy certain processed or sugary products is creating a new challenge for some of the biggest U.S. food and beverage companies. The U.S. Department of Agriculture as of May had approved food restriction waivers for Supplemental Nutrition Assistance Program benefits in 23 states,…
Senate Majority Leader John Thune, a Republican from South Dakota, during a news conference following the weekly Senate Republican policy luncheon at the US Capitol in Washington, DC, US, on Tuesday, June 9, 2026. Elizabeth Frantz | Bloomberg | Getty Images Bill Pulte, President Donald Trump‘s controversial pick serve as acting director of National Intelligence,…
U.S. President Donald Trump talks as he meets French President Emmanuel Macron for a bilateral meeting at Hotel Royal Evian on June 15 in Évian-les-Bains, France. Anna Moneymaker | Getty Images U.S. President Donald Trump asserted that he has unlimited power and insisted the deal reached with Iran amounts to “unconditional surrender” by Tehran, in…
Black smoke rises from the area of the Russian oil producer Gazprom Neft’s Moscow oil refinery on the south-eastern outskirts of Moscow on June 18, 2026. – | Afp | Getty Images Russia has pledged to carry out frequent and “massive group strikes” against Ukraine shortly after Kyiv launched a barrage of drones on Moscow,…
Acting U.S. Attorney General Todd Blanche speaks during a press conference hosted with U.S. Secretary of Homeland Security Markwayne Mullin on unaccompanied minors and prosecuting their sponsors, at the Justice Department, in Washington, D.C., U.S., June 11, 2026. Evelyn Hockstein | Reuters The Department of Justice rebuffed a federal judge’s request to attest in writing…
The Federal Reserve gave Wall Street a reality check this week, but the S & P 500 refused to let go of its back-to-back weekly wins. Positive war developments paved the way. The S & P 500 jumped 1.1% on Thursday as investors brushed off monetary policy concerns from the session before, which caused a…
Fomer US president Barack Obama and his wife Michelle Obama arrive at the opening of the Barack Obama Presidential Center in Chicago. Kent Nishimura | Afp | Getty Images Former President Barack Obama opened his long-awaited presidential center in Chicago on Thursday, drawing a who’s who of former presidents, dignitaries, celebrities and musical performers to…
The Strip, The Sphere and full replica of the Eiffel Tower in daytime Strekoza2 | Istock Editorial | Getty Images A sparsely-populated state known for its world-class casinos and dry desert climate has been a bright spot in the tepid U.S. job market. Nevada‘s workforce grew 1.9% from April 2025 to 2026, the highest of…
The U.S. has launched an investigation into Germany’s pharma policies over what it referred to as “persistent underpayment” for medicines as the European country looks to limit spiraling healthcare costs, including spending on drugs. “President Trump has made clear that American patients should not be shouldering a disproportionate share of global pharmaceutical research and development,”…
