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NEWS

America’s never had such high national debt heading into an economic shock. We need a ‘break glass’ plan, think tank warns | Fortune

The U.S. has never been more financially exposed heading into a potential economic crisis. With the national debt now equal to 100% of the country’s entire economic output—a level not seen since World War II—a prominent nonpartisan think tank...

Middle East war live: Oil slides and stocks rebound

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Has Hollywood golden boy Timothée Chalamet lost his shine?

Is the backlash against Timothée Chalamet about more than his views on ballet and opera? Source link

Israel strikes fuel depots in Tehran as Iran strikes back with cluster munitions

Over the weekend, Israel struck fuel depots in Tehran for the first time, sending fireballs and plumes of thick black smoke skyward. Iran is increasingly relying on cluster munitions to pierce Israel's air defenses. Matt Gutman reports. Source link

Trump signals Iran war could end soon:

As U.S.-Israeli war with Iran intensifies, President Trump says it is "very far ahead of schedule." Meanwhile, there are new questions about the bombing of Iranian girls' school. Weijia Jiang and Nancy Cordes have more. Source link

Trump administration designates Afghanistan as a state sponsor of wrongful detention

Secretary of State Marco Rubio formally designated Afghanistan as a state sponsor of wrongful detention on Monday, paving the way for the Trump administration to impose restrictions such as sanctions and export controls as punishment...

Trump says “the war is very complete,” and he’s considering taking over Strait of Hormuz

In a phone interview with CBS News on Monday afternoon, President Trump said the U.S. war with Iran could almost be over.  "I think the war is very complete, pretty much," the president said, speaking...

Alexander brothers found guilty on all counts in sex trafficking trial

A jury has found the Alexander brothers guilty on all counts in their federal sex trafficking trial in New York City.Jury deliberations began Thursday for the former real estate titans, Oren and Alon Alexander, 38-year-old twins, along with their...

Something will cause inflation to go up this year, but it’s not oil | Fortune

Since the U.S.-Israeli war was mounted against Iran, oil prices have surged. As a result, pundits, journalists, and many economists have dusted off an often-used song sheet. It claims that higher oil prices will fuel inflation. While this narrative...

Stocks close higher, reversing sharp losses after oil prices fall

Stocks closed higher on Monday, recovering from sharp losses earlier in the day as markets whipsawed in response to developments in the U.S.-Israeli war with Iran.The dramatic reversal on Wall Street came after U.S. oil prices turned lower on...
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