Cargo ship struck in Strait of Hormuz amid Iran war
A projectile hit a Thai-flagged cargo ship off the coast of Oman in the Strait of Hormuz, setting it on fire. The Iranian regime reportedly claimed responsibility for striking the
Loeffler targets $50B SBA program that has ‘never been looked at,’ bans 112K-plus COVID loan fraudsters
Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on Wednesday, announcing an audit of a decades-old $50 billion program she said has “nev
Yamaha moves US headquarters out of California after nearly 50 years
Yamaha Motor Co. is relocating its U.S. headquarters from California to Georgia after nearly a half century of operations in the Golden State. The company announced late last month
Former Starbucks CEO Howard Schultz moves to Florida from Washington state
Former Starbucks CEO Howard Schultz and his wife announced they’ve moved to Florida for their “retirement phase,” leaving Washington state after nearly half a century
Target to cut prices on 3,000 items as inflation remains above Fed target
As the U.S. enters its fifth year of inflation running above the Federal Reserve’s 2% target, major retailers are responding to softer demand and increased competitive pressure.
Inflation was modest in February but remained above the Fed’s target
This is a developing story about the February 2026 consumer price index. Please check back for updates. Inflation remained elevated in February as the pace of consumer price growth
Federal court terminates Biden-era student loan plan affecting millions nationwide
A federal appeals court on Monday officially finalized the termination of the Saving on a Valuable Education (SAVE) plan, the Biden program that significantly lowered repayment rat
Trump touts ‘historic’ $300B Texas refinery as first new US plant in nearly 50 years
President Donald Trump on Tuesday announced America First Refining (AFR) is opening the first new U.S. oil refinery in nearly half a century in Brownsville, Texas. Situated in a ma
Flying taxis could soon take flight as FAA green-lights tests in 26 states
The Federal Aviation Administration (FAA) announced Monday that it selected eight proposals for a new pilot program testing new advanced air mobility and electric vertical takeoff
G7 finance ministers to discuss emergency oil reserve release amid price surge: report
G7 finance ministers are reportedly set to discuss a coordinated release of emergency oil reserves on Monday, as governments scramble to contain a sharp surge in crude prices trigg
