Markets plunge and U.S. oil hits $100 as Trump’s ability to reassure Wall Street hits its limit
President Donald Trump is used to bending financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed down 1.7% and notched its fifth-straight
House Republicans pass DHS funding bill that Democrats call ‘dead on arrival’ in the Senate
WASHINGTON — House Republicans voted Friday evening to pass a short-term funding bill for the Department of Homeland Security that has no viable path in the Senate and is likely to extend the shutdown stalemate on Capitol Hill. The vote of
FAA investigating close call involving United Airlines plane and Black Hawk helicopter in California
Federal authorities are investigating a close call this week involving a military helicopter and a United Airlines plane approaching John Wayne Airport in Santa Ana. United Airlines Flight 589 was approaching the airport in Orange County around 8:40 p.m. Tuesday when
Judge blocks Trump administration from limiting Anthropic’s contracts with federal government
A federal judge in California has blocked the Trump administration from designating Anthropic as a supply chain risk to national security and cutting off the AI company’s work with federal agencies. Anthropic sued the Defense Department and other federal agencies this
Senate agrees to fund DHS, except ICE and CBP, in bid to end extreme airport delays
WASHINGTON — The Senate agreed unanimously early Friday to fund the Department of Homeland Security, but without funding for immigration enforcement and deportation operations. Senators approved the package at 2:20 a.m. by voice vote following a marathon session. The 42-day funding lapse
At least 40% of Russia’s oil export capacity halted, Reuters calculations show
At least 40% of Russia‘s oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers, according to Reuters calculations based on market data. The shutdown is the most
Stocks rally, oil prices fall amid talk of Iran ceasefire
U.S. stocks rose Wednesday and global oil prices fell in yet another volatile trading session as traders and investors were buffeted by constant headlines about the war in Iran. News of a 15-point U.S. peace plan proposal sparked hopes early
Savannah Guthrie returning to ‘TODAY’ in April
“TODAY” co-anchor Savannah Guthrie will return to the NBC morning show on April 6, as investigators continue to search for her 84-year-old mother in Arizona. In her first interview since Nancy Guthrie went missing in February, Savannah Guthrie told Hoda Kotb
Jury finds Meta and YouTube negligent in landmark lawsuit on social media safety
LOS ANGELES — A jury found Meta and YouTube negligent in the design or operation of their social media platforms, producing a bellwether verdict in the first lawsuit to take tech giants to trial for social media addiction. The Los Angeles County
Nasdaq moves into correction territory as Iran war weighs on markets
U.S. stocks and bonds sold off Thursday and oil continued its weekslong upward trajectory, as optimism faded about possible peace talks or a U.S.-Iran ceasefire. The price of U.S. crude oil rose near $95 per barrel, up more than 4%. International
Trump backs off escalation, but Iran war goes on amid ‘productive’ talks
The clock that was ticking toward a dramatic new escalation in the Iran war may now be counting down to a deal that would end it. That’s the latest stunning turn of events delivered by President Donald Trump’s social media account. Trump
America’s wealth gap is growing, and Trump’s policies are making it bigger
This article is part of “Unaffordable America,” a series examining rising economic inequality in the U.S. and the policies that drive it. How’s the economy? Not bad if you’re rich. Demand for luxury yachts and private jets is surging thanks to
Pentagon will remove media offices after judge reinstates New York Times press credentials
The Defense Department will remove media offices from the Pentagon after a federal judge sided with The New York Times in a lawsuit challenging limits on reporters’ access to the building, a department official announced Monday. An area of the Pentagon
U.S. stocks rise, oil prices fall after Trump backs off threat to hit Iran’s power grid
U.S. stocks surged Monday, after President Donald Trump announced that he was postponing all military strikes on Iranian power plants for a five-day period. Trump said the U.S. and Iran had engaged in what he called “very good and productive conversations
Trump rejects off-ramp to fund DHS as airport delays worsen
WASHINGTON — On Sunday, Senate Majority Leader John Thune, R-S.D., discussed an off-ramp with President Donald Trump to reopen TSA and end the long lines and delays at airports. It would fund all of the Department of Homeland Security except for
United Airlines says it will boot passengers who refuse to use headphones on planes
Listen up, flyers: United Airlines said it will start removing passengers from flights who refuse to wear headphones while listening to content on their personal devices, and such behavior could lead to a permanent ban. The airline revised its contract of
DOJ takes Live Nation-Ticketmaster to court for antitrust trial
The Justice Department’s endeavor to break up Live Nation, Ticketmaster’s parent company, has officially made its way to the courtroom. The antitrust case, which began with jury selection Monday, is unfolding in federal court in New York. Opening statements are
L.A. County sues Roblox, alleges platform makes it easy for adults to target children
Los Angeles County filed a civil lawsuit against Roblox, alleging that the platform markets itself as a gaming experience for children but has created a ‘largely unsupervised online world’ that allows adults to mingle with minors with very little oversight.