Politics
U.S. sanctions companies and individuals in the Middle East and China for helping Iran
A huge art work banner newly posted on the corner of Vali Asr Square depicts Iranian missiles with messages addressing Minab schoolgirls and victims of Epstein Island on March 17, 2026 in Tehran, Iran. = Kaveh Kazemi | Getty Images The U.S. is imposing sanctions on companies and individuals across the Middle East and China […]
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Major crypto bill slated for May 14 Senate Banking Committee vote
Chairman Tim Scott, R-S.C., listens to testimony by Kevin Warsh in Dirksen building on Tuesday, April 21, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A major rules-of-the-road bill for the crypto industry is set to get an initial vote on May 14 in the Senate Banking Committee. The step to move the […]
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Trump administration appeals latest court loss on tariffs
The Trump administration on Friday appealed a court ruling that a 10% global tariff imposed in February was not justified under a 1970s trade law. The U.S. Court of International Trade ruled on Thursday in a 2-1 decision that Section 122 of the 1974 Trade Act was not meant to address trade deficits that occur […]
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Trump threatens EU with ‘much higher’ tariffs if no trade deal signed by new deadline
U.S. President Donald Trump speaks during a Small Business Summit in the East Room at the White House in Washington, D.C., U.S., May 4, 2026. Kylie Cooper | Reuters President Donald Trump has said he will give the European Union until July 4 to ratify its trade agreement with the U.S., threatening to raise tariffs […]
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Virginia Supreme Court strikes down redistricting push in blow to Democrats
Campaign signage showing Virginia’s current electoral map alongside the proposed electoral map at a Republican Party volunteer table outside a polling location at Burke Centre Library in Burke, Virginia, US, on Saturday, April 18, 2026. Graeme Sloan | Bloomberg | Getty Images The Virginia Supreme Court on Friday struck down the state’s recently passed redistricting […]
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U.S. says it struck two Iran-flagged oil tankers trying to skirt blockade
A screengrab from a video released by U.S. Central Command (CENTCOM), which accompanied a press release describing the operation dubbed “Epic Fury”, an attack by the United States and Israel on Iran, shows a flight deck crew member signaling an F‑35 jet on an aircraft carrier, in this image obtained from social media released on […]
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‘Not a Chance Hormuz Opens’: How Wall Street’s new NACHO trade bets on a prolonged oil shock
Traders are embracing the “NACHO” trade, a new Wall Street acronym for “Not A Chance Hormuz Opens.” as investors grow skeptical the Strait of Hormuz crisis will end soon. Maica | Istock | Getty Images Move over TACO trade. Traders now have a new acronym for a market increasingly skeptical that the Strait of Hormuz […]
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Trump’s $1 million ‘Gold Card’ fails to catch on among the world’s wealthy
When President Donald Trump launched the “Gold Card” visa program last December, the official website promised U.S. residency in “record time.” A new court filing, however, suggests that applicants who pay $1 million for a Gold Card won’t get faster visas. The Gold Card, touted as a new kind of investment visa that would raise […]
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Redistricting race to the bottom ramps up, as GOP eyes more states to draw new House maps
Demonstrators opposed to redrawing Florida’s Congressional map hold signs outside the Florida State Capitol in Tallahassee, Florida, US, on Tuesday, April 28, 2026. Malcolm Jackson | Bloomberg | Getty Images Tennessee’s Republican Gov. Bill Lee on Thursday signed into law a just-approved measure to eliminate the state’s lone Democrat-held congressional seat. It’s the latest move […]
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Iran still reviewing new U.S. peace proposal as Trump predicts war will ‘be over quickly’: Reports
U.S. President Donald Trump speaks to reporters as he departs the White House in Washington, D.C., U.S., May 1, 2026. Kevin Lamarque | Reuters Iran is “currently reviewing” messages from the U.S. that it received via Pakistani mediators, but it has yet to reach a conclusion or deliver a reply, an Iranian official said Thursday, […]
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