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U.S. sanctions Iran’s Hormuz Strait authority, condemns ballistic missile launch at Kuwait
The latest military and economic actions come as President Trump insists he feels no pressure to make a deal with Iran before November’s midterm elections.
CVS to restore coverage of Zepbound, add Eli Lilly’s obesity pill to drug plans
CVS will add Zepbound coverage on Oct. 1, and start covering Lilly’s newly approved Foundayo pill on June 1.
Warren: State Department didn’t seek TRANSCOM aid in evacuating Americans from Middle East
Democrats have been critical of the Trump administration’s handling of Americans stuck in the region after the start of the Iran war.
Ro Khanna is taking his economic message on the road. Will it lead to the White House?
Rep. Ro Khanna wasn’t in the Rust Belt to campaign. But he could be soon.
U.S. regulator moves to withdraw $5 million penalty against Winklevoss’ crypto exchange
The U.S. CFTC asked a judge on Wednesday to vacate the agency’s $5 million penalty against a cryptocurrency exchange founded by the Winklevoss twins.
Trump’s IRS case should be reopened so court can probe possible ‘fraud,’ ex-judges argue
Reopening the Trump-IRS case “will allow the Court to commence an inquiry into whether the Court was deceived,” the ex-judges wrote.
Foot Locker returns to growth but weighs on Dick’s Sporting Goods as earnings miss
Since acquiring Foot Locker, Dick’s Sporting Goods sales have surged, but its profitability has taken a hit given the high costs of the brand’s turnaround.
Dell wins a $9.7 billion Pentagon software deal after cozying up to Trump
The purchase comes after Dell spent considerable time courting the White House and after President Trump urged purchases of the company’s computers.
Abercrombie shares jump 12% on earnings beat even as Iran conflict hits sales
Abercrombie & Fitch saw sales in Europe, Middle East and Africa decline by 10%, thanks in large part to the conflict in the Middle East.
White House eyes CFTC proposal for regulating prediction markets
The CFTC has argued it has exclusive authority to regulate the growing prediction market sector rather than state-by-state regulation.