Expert Austin Berg warns Chicago's "pay later" debt culture under Mayor Brandon Johnson is alarming markets with a $1 billion budget gap and risky bond deals.
Mojtaba Khamenei was selected to lead Iran on Monday after his father, Ayatollah Ali Khamenei, was killed in U.S.-Israeli airstrikes. Mojtaba was elected by a body of 88 Iranian clerics known as the Assembly of Experts. Father-to-son succession is traditionally frowned upon in the Shiite Muslim clerical establishment in part due to an intent to separate...
The Defense Department on Monday identified the U.S. soldier killed by an Iranian attack on a Saudi Arabia air base as 26-year-old Sgt. Benjamin N. Pennington. Pennington, of Glendale, Ky., died Sunday from injuries sustained during the March 1 attack at Prince Sultan Air Base. He had been assigned to 1st Space Battalion, 1st Space...
President Trump on Sunday said the decision to end the war in Iran will be a “mutual” decision with Israel. "I think it’s mutual … a little bit. We’ve been talking. I’ll make a decision at the right time, but everything’s going to be taken into account," Trump told the Times of Israel newspaper in...
Defense Secretary Pete Hegseth is refusing to rule out U.S. boots on the ground in Iran as the joint military operations with Israel against the country enter a second week. During a “60 Minutes” interview with CBS News’s Major Garrett that aired late Sunday, Hegseth confirmed that U.S. forces were not on the ground in...
A federal judge gave the Trump administration some breathing room to process tariff refunds after Customs and Border Protection (CBP) indicated it needed 45 days to set up an automated system. U.S. Court of International Trade Judge Richard Eaton had ordered immediate compliance, but he pushed back the timeline after fielding CBP officials’ concerns at a Friday hearing. The judge has now ordered a...
President Trump on Monday is scheduled to address Republicans at their annual retreat in Miami. House Republicans are gathering at Trump’s Doral, Fla., resort for a three-day issues conference aimed at charting their legislative agenda for the year ahead and sharpening their message for the 2026 midterm elections. The meeting comes after a turbulent week for...
Policymakers, pundits and the press go on TV to strenuously assert that the president “owes” the American people an explanation. But in reality, it is wholly unrealistic to expect the president to fully disclose the totality of American objectives for all the world to see.
Travelers are complaining about hours-long delays at airports across the country as the partial government shutdown affecting the Department of Homeland Security (DHS) stretches into its fourth week. Major airport hubs including Charlotte Douglas International, William P. Hobby Airport in Houston and New Orleans International Airport are urging passengers to arrive hours ahead of their...
Senate Democratic Leader Chuck Schumer (N.Y.) on Sunday called on President Trump to immediately release oil from the Strategic Petroleum Reserve amid rising oil and gas prices caused by the military conflict in Iran. Oil prices jumped to nearly $120 a barrel before dropping some on Monday as missile strikes on Iran and Tehran's retaliatory...
