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…
US President Donald Trump (R) and Open AI CEO Sam Altman (L) react during a working lunch meeting of G7 members, partner countries, and artificial intelligence business leaders as part of the G7 summit, in Evian, eastern France, on June 17, 2026. Julia Demaree Nikhinson | Afp | Getty Images The White House will host…
OpenAI CEO Sam Altman speaks with reporters following meetings on Capitol Hill, in Washington, June 3, 2026. Evelyn Hockstein | Reuters OpenAI is dominating the first visible wave of artificial intelligence spending inside Congress. The maker of ChatGPT accounted for roughly $9 out of every $10 spent on identifiable AI tools by House offices, committees…
Ukrainian President Volodymyr Zelenskyy arrives in the US ahead of talks with President Donald Trump in Washington, D.C, United States on July 28, 2026. Anadolu | Anadolu | Getty Images Ukrainian officials, drone executives and national security experts are bracing for another extremely difficult winter, fearing that a Russian assault on energy infrastructure could pose…
Satellite view of Iran (with mask). This image was compiled from data acquired by LANDSAT 5 & 7 satellites., Iran, Middle East, Asia, True Colour Satellite Image With Mask (Photo by Planet Observer/Universal Images Group via Getty Images) Planet Observer | Universal Images Group | Getty Images U.S. President Donald Trump said negotiations with Iran…
Max Miller, US Republican Representative candidate for Ohio, takes the stage during a ‘Save America’ rally in Vandalia, Ohio, US, on Monday, Nov. 7, 2022. Joshua A Pickel | Bloomberg | Getty Images Republican Sen. Bernie Moreno of Ohio said his former son-in-law, Rep. Max Miller, should not serve in the House of Representatives and…
