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Analysis: Iran war energy shock hits the U.S. economy as gas and diesel prices climb
A new asymmetry in the market means fuel prices won’t fall quickly even if the shooting in the Iran war and Strait of Hormuz stops.
Senate panel advances China auto bill that could bar Mercedes-Benz from U.S.
Mercedes-Benz’s largest individual shareholder is Chinese state-owned BAIC. Cruz warned the bill could hurt Mercedes and accused GM of backing it.
U.S. Secret Service official: ‘Threat environment is the highest we’ve ever seen’
The Secret Service has seen a 40% increase this year in cases involving threats to protectees, include President Donald Trump.
Senate crypto bill would ban federal officials — including presidents — from issuing digital assets
A new version of the Clarity Act would impose the first limits on federal officials sponsoring or issuing cryptocurrency.
Congressional stock trading curb due to get House vote amid public support for a ban
The House is scheduled to vote on Wednesday on a bill that would bar members of Congress from purchasing additional stocks while in office.
Renting a yacht in the Mediterranean this summer just got cheaper
Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.
Sen. Wyden introduces bill to curb Trump’s tariff powers
Sen. Ron Wyden said Trump has “abused every trade authority at his disposal” and called his new tariffs on Canadian goods a “shakedown.”
Citizens United provision allowing foreign campaign contributions draws Democratic bill
Rep. Jamie Raskin, D-Md., and Sen. Sheldon Whitehouse, D-R.I., want to establish foreign ownership thresholds for companies that spend on campaigns.
What is Pickaxe Mountain, the Iranian nuclear facility Trump is threatening to strike?
“We’ll be hitting that area pretty soon, and very heavily,” President Donald Trump said about Iran’s underground nuclear facility in Pickaxe Mountain.
Nike to cut off thousands of online distributors in China, restructure digital footprint
Nike is streamlining its online business in China as the company looks to stabilize pricing and branding and get back to growth.