Donald Trump
Many insurance underwriters won’t offer Middle East coverage to U.S., Israel, U.K.-linked vessels at any price
The conflict in the Middle East has led many insurance underwriters in the maritime shipping market to avoid offering coverage in the region to any U.S., Israel, or U.K.-linked vessels. “Many underwriters are not touching vessels with perceived U.S., U.K. or Israeli links at any price,” said David Osler, insurance editor for Lloyd’s List. According […]
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Back-to-school spending persists despite economic pressure, consumer survey says
A variety of school supplies, including lunch boxes and backpacks in different colors and patterns, are on display for the upcoming school year. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey. […]
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House Speaker Johnson argues the War Powers Act is unconstitutional
Speaker of the House Rep. Mike Johnson (R-LA) speaks during his weekly press conference at the US Capitol on June 24, 2025 in Washington, DC. Tasos Katopodis | Getty Images House Speaker Mike Johnson, R-La., argued Tuesday that the War Powers Act, a Nixon-era law limiting the president’s power to unilaterally wage war, is unconstitutional, […]
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Israel-Iran ceasefire: Live updates
Oil prices fall sharply after Trump says China can buy oil from Iran FILE PHOTO: An Israeli gas platform, controlled by a U.S.-Israeli energy group, is seen in the Mediterranean sea, some 15 miles (24 km) west of Israel’s port city of Ashdod, in this file picture taken February 25, 2013. Amir Cohen | Reuters […]
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Oil prices fall more than 4% after Trump says China can continue buying oil from Iran
Oil prices fell sharply Tuesday after President Donald Trump said China can keep buying oil from Iran, a sign that the U.S. is easing its maximum pressure campaign on the Islamic Republic in the wake of a ceasefire with Israel. Global benchmark Brent fell $3.33, or 4.66%, to $68.15 per barrel by 10:18 a.m. ET. […]
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Was it all ‘just a big show?’ Anxiety, frustration and hope for Middle East residents as Trump brokers fragile ceasefire
A view of missiles over Doha, Qatar after Iran has launched an operation targeting a U.S. base in Qatar on June 23, 2025. Stringer | Anadolu | Getty Images DUBAI, United Arab Emirates — Escalating regional war, or a bunch of choreographed theatre? A shaky ceasefire announced by President Donald Trump Monday night looks to […]
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Crypto rules of the road framework unveiled by Republican senators
Two Republican senators are planning to debut a framework on Tuesday for a major bill that would set the rules of the road for digital assets. According to the framework, being introduced by Senate Banking Chairman Tim Scott of South Carolina and Sen. Cynthia Lummis of Wyoming, who heads the panel’s digital assets committee, the […]
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Trump and the U.S. are totally committed to NATO, alliance chief says to reassure allies
U.S. President Donald Trump walks to board Marine One before departing from the South Lawn of the White House in Washington, DC on June 24, 2025, to attend the NATO’s Heads of State and Government summit in The Hague. Mandel Ngan | Afp | Getty Images The U.S. and President Donald Trump are totally committed […]
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Stock futures rise after Trump says Iran-Israel ceasefire is in effect: Live updates
Traders work at the New York Stock Exchange on June 23, 2025. NYSE Stock futures rose early Tuesday after President Donald Trump said that a ceasefire between Israel and Iran had come into effect, marking the latest sign of easing tensions in the Middle East. Futures tied to the Dow Jones Industrial Average added 350 […]
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Conflict or ceasefire, most markets remain unfazed — here’s why
Traders work at the New York Stock Exchange on June 13, 2025. NYSE Global equities posted muted gains Tuesday, as investors digested U.S. President Donald Trump’s announcement of a ceasefire timeline between Iran and Israel, as well as growing signs of fatigue toward Trump’s policymaking. The MSCI World index, which tracks over a thousand large […]
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