A ship anchored off the United Arab Emirates was seized and taken toward Iran and another — a cargo ship near Oman — sank after being attacked, authorities said Thursday, as tensions escalated near the Strait of Hormuz.
The Trump administration is suspending a requirement that foreign visitors from countries that have qualified for the World Cup and have bought tickets for the soccer tournament pay as much as $15,000 in bonds to enter the United States, the State Department said Wednesday.
Wall Street is drifting in mixed trading on Wednesday after another discouraging update on inflation and a recovery for technology stocks.
The Senate on Wednesday is set to confirm President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world’s most powerful central bank at a fraught moment for the global economy.
U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the highest point in more than three years, as the Iran war pushes up energy prices and intensifies pressure on companies to pass along their rising costs to consumers.
U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.
Missouri’s top court is hearing an important legal challenge Tuesday to one of President Donald Trump’s earliest redistricting successes while lawmakers in Louisiana and South Carolina weigh whether to become the most recent Republican states to redraw U.S. House districts ahead of the midterm elections.
The Supreme Court is leaving women’s access to a widely used abortion pill untouched until at least Thursday, while the justices consider whether to allow restrictions on the drug, mifepristone, to take effect.
Oil prices are rising Monday as the war with Iran threatens to drag on for longer, but the U.S. stock market is nevertheless holding near its record heights.
The United States and Iran were in a deepening standoff Monday after U.S. President Donald Trump rejected Tehran’s latest offer to end the war. Officials said the proposal included some concessions on its disputed nuclear program.
