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A spokesperson for the Iranian judiciary stated that the seizure of the US oil tanker that violated regulations in the Strait of Hormuz was based on domestic and international law.

2026-05-15

A spokesperson for the Iranian judiciary stated that the seizure of the US oil tanker that violated regulations in the Strait of Hormuz was based on domestic and international law.

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2026-05-14

- The Senate confirmed Kevin Warsh as the next chair of the Federal Reserve yesterday in the closest vote in modern history. - Trump’s Beijing summit with Chinese President Xi Jinping is underway, and readouts from their meeting overnight reveal the

- The Senate confirmed Kevin Warsh as the next chair of the Federal Reserve yesterday in the closest vote in modern history. - Trump’s Beijing summit with Chinese President Xi Jinping is underway, and readouts from their meeting overnight reveal the two leaders discussed the Iran war, economic cooperation and Taiwan. A White House official said Trump and Xi agreed on the need to open the Strait of Hormuz, while Beijing’s readout showed Xi called Taiwan “the most important issue in U.S.-China relations.” - The S&P 500 rallied back to all-time highs yesterday despite the fact that two-thirds of its members traded in the red. Technology stocks buoyed the market, with the Nasdaq Composite surging more than 1% to a new record. - Cisco exceeded Wall Street’s third-quarter expectations on both lines yesterday, sending shares surging more than 15% in extended trading. The The networking company also said it would cut nearly 4,000 jobs this quarter.
2026-05-14

According to the Wall Street Journal, as part of Trump's plan to reduce troop deployments, the U.S. Department of Defense canceled the deployment of an armored brigade to Europe. This move surprised some military officials, as the outside world had e

According to the Wall Street Journal, as part of Trump's plan to reduce troop deployments, the U.S. Department of Defense canceled the deployment of an armored brigade to Europe. This move surprised some military officials, as the outside world had expected the U.S. to take a gradual approach to adjusting its deployments in Europe.
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