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Oil prices surge as President Trump dismisses Iran's peace proposal, leading to continued instability in the Strait of Hormuz.
May 11, 2026
The U.S. Treasury is paying an average of $3 billion per day in interest on the national debt, which is nearing $39 trillion, while tariffs generate significant revenue.
President Donald Trump arrives in China to address escalating trade disputes and the Iran war fallout, marking his first visit since 2017.
The FDA faces potential leadership changes amidst ongoing industry disruption and high-stakes regulatory decisions.
The U.S. and China are engaging in discussions to address the potential risks posed by unchecked advancements in artificial intelligence.
Deutsche Bank warns of continued market volatility as the Strait of Hormuz remains closed, impacting global trade and energy supplies.
Nvidia CEO Jensen Huang urged Carnegie Mellon University graduates to capitalize on AI's transformative potential, calling it a 'once-in-a-generation opportunity' to rebuild American industrial capacity.
EV makers Rivian, Lucid Motors, and Scout Motors cite outdated state dealership laws as barriers to direct consumer sales in the US.
The Senate is poised to confirm Kevin Warsh as Federal Reserve chair amid ongoing scrutiny of the central bank's policies and their impact on American workers.
President Trump rejects Iran's response to a US peace proposal as Tehran warns of potential retaliatory attacks, escalating tensions in the Middle East.
Chinese President Xi Jinping prepares to host Donald Trump, aiming to position Beijing as a stable alternative to U.S. global policies.
President Trump's upcoming summit with Xi Jinping and actions on Iran and AI policy will significantly impact US global standing.