The Trump administration will combine two agencies that were split up after the infamous 2010 Deepwater Horizon oil spill. The spill, which released millions of gallons of oil into the Gulf of Mexico and killed 11 people, brought national attention to the safety and environmental implications of offshore drilling. In the wake of the incident,...
President Trump will hold a news conference Monday afternoon, hours before his deadline for Iran to reopen the Strait of Hormuz. Tehran has shown little sign of bending to U.S. terms. On Monday it rejected the U.S. 15-point proposal for peace as "excessive" and "unreasonable." Trump is slated to hold a press conference with military...
JPMorgan Chase CEO Jamie Dimon is warning that the Iran war could lead to prolonged inflation and higher interest rates that ultimately could tip the U.S. economy into a recession. “The skunk at the party — and it could happen in 2026 — would be inflation slowly going up, as opposed to slowly going down....
1994—Justice Harry Blackmun announces his impending retirement after 24 years on the Court. His majority opinion in Roe v. Wade (1973) is rivaled only by Dred Scott as...