Oil prices on Sunday crossed into triple digits for the first time since 2022 — a stark sign of how the Iran war is throttling global supplies and raising consumers costs. Why it matters: The psychologically important $100-a-barrel mark is going to increase pain for consumers, many of whom don't support the war and didn't have any real warning that it was coming. - It's also a political setback for President Trump , who has relished in touting lower gasoline prices on his watch. Driving the news: The global benchmark Brent crude was trading Sunday evening at $101.81, while WTI, the main U.S. metric, was at $101.56. Friction point: U.S. drivers are already feeling the effects of crude prices that have now climbed more than 30% since…
Iranian state TV on Sunday said Mojtaba Khamenei, son of the country’s late supreme leader, has been named his successor. Get a fast-paced look at the latest from the border to Main Street to the White House on "NewsNation Live." Weekends starting at 10a/9C Saturdays and 11a/10C Sundays. NewsNation is your source for fact-based, unbiased news for all Americans.
A new generation of cryptocurrency, pegged to the dollar, is growing rapidly, promising faster payments and potentially lower interest rates. But regulators and bankers warn of risks.
Elliott Hill is traveling the globe to meet with leagues, teams and athletes to rebuild connections and spur a turnaround for the world’s largest athletic-wear company.
A federal judge on Saturday ruled that efforts to delegate control of the U.S. Agency for Global Media to Trump ally Kari Lake were unlawful, therefore voiding Lake's actions as the acting head of the agency over the past year. Why it matters: The ruling notably invalidates Lake's directive to lay off hundreds of employees across USAGM and the government-funded broadcasters it governs, such as Voice of America. - It also voids other actions Lake took to reduce spending, including the cancellation of USAGM's lease on new office space and a significant reduction of broadcasting capabilities across USAGM-supported broadcasters. Zoom in: In a summary judgement, U.S. District Judge Royce Lamberth said Lake's brief appointment as CEO of USAGM…
