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Breaking bursts of information as stories happen.
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The Pentagon estimates Iran has lost nearly $5 billion in oil revenue due to the U.S. blockade in the Gulf of Oman, intensifying economic pressure on Tehran.
May 1, 2026
President Trump claims the Iran ceasefire allows him to act without congressional authorization, reigniting debates over executive war powers.
CEOs of major U.S. utility companies collectively earned $626 million in 2025, a nearly $100 million increase from 2024, while energy bills hit record highs.
President Trump stated Iran desires a deal with the U.S. but expressed dissatisfaction with their current proposal.
President Trump notified Congress that hostilities with Iran have officially ended, marking a key deadline in U.S.-Iran relations.
President Trump issues new executive order broadening sanctions against Cuba, targeting individuals and entities tied to the communist regime.
The White House has imposed a 25% tariff increase on European automobiles, targeting U.S. allies in a move to bolster domestic manufacturing.
President Trump announces an increase in tariffs on cars and lorries imported from the EU, citing delays in ratifying last year's agreement.
President Trump raises tariffs on EU cars and trucks to 25%, citing non-compliance with trade agreements.
The US Space Force has selected twelve companies to develop Space-Based Interceptors for a multi-layered defense system to protect US territory from missile threats.
Jerome Powell’s decision to stay on the Federal Reserve board beyond his chairmanship could provide political cover for incoming Chair Kevin Warsh amid rising inflation.
