SINGAPORE, SINGAPORE – MAY 29: Police officers stand on patrol during the 23rd IISS Shangri-La Dialogue at the Shangri-La Hotel on May 29, 2026 in Singapore. Senior defence officials and military leaders from across the Asia-Pacific and beyond convene at the Shangri-La Hotel in Singapore for the International Institute for Strategic Studies (IISS) Shangri-La Dialogue,…
A driver refuels a vehicle with regular gasoline at a Shell gas station in Hercules, California, May 21, 2026. David Paul Morris | Bloomberg | Getty Images For some Americans’ finances, the Iran war was over almost as soon as it began. Those with access to stocks — a majority of Americans have some, though…
Zoom In IconArrows pointing outwards U.S. District Court Judge Eleanor Ross confirmation hearing, May 14, 2014, Senate Judiciary Committee – C-Span C-Span The Department of Justice on Friday asked Georgia federal judge Eleanor Ross to recuse herself from a pending case involving election records, citing media reports identifying Ross as the same judge who was…
The oil market might face a new reality after the Iran war in which exports through the Strait of Hormuz do not return to the levels once considered normal, as shipowners now have to weigh the risk that fighting could abruptly break out in the volatile Persian Gulf. And Western commercial ships will likely hesitate…
Cars line up outside a food pantry in North Carolina, April 3, 2026. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Consumers are facing price pressures as the costs of groceries and gas rise. The pace of inflation is expected to increase in the coming months, according to the Survey of Professional…
Stocks soared to record highs again last week, capping off a banner month for the market. Investor optimism about an end to the Iran-U.S. war, a string of positive corporate earnings reports, and strength in technology stocks led to new records for the S & P 500 and Nasdaq Composite , up over 1% and…
A ship fires a weapon during drills east of Taiwan, in this screenshot from a video released by the Eastern Theatre Command of China’s People’s Liberation Army (PLA) on Dec. 29, 2025. Eastern Theatre Command | Via Reuters The U.S. Congress continues to have strong support for Taiwan even as it remains a focal point…
Mercedes-Benz vehicles sit parked, on the day U.S. President Donald Trump is set to announce new tariffs, at a dealership in Copiague, New York, U.S., April 2, 2025. Shannon Stapleton | Reuters Mercedes-Benz could find itself shut out of the U.S. auto market — banned from making or selling new vehicles in the country —…
U.S. Secretary of Defense Pete Hegseth takes questions during a press briefing at the Pentagon on May 5, 2026 in Arlington, Virginia. Chip Somodevilla | Getty Images The U.S. aims to sustain equilibrium in the Asia-Pacific region and is working toward a situation where its allies are more capable, Secretary of War Pete Hegseth said,…
Bent oil posted its biggest monthly loss in six years as traders hoped that the U.S. and Iran are nearing a deal that will reopen the Strait of Hormuz. The international oil benchmark fell more than 19% in May, its worst month since March 2020 when the Covid-19 pandemic closed economies. U.S. West Texas Intermediate…
