Politics
All the latest news stories about politics, from elections and law-making to the subtle shifts that change our lives—and our finances
Hormuz Showdown Puts Global Shipping on Edge
Iran is rejecting a proposed new transit route through the Strait of Hormuz, calling it “unacceptable and dangerous” unless vessels coordinate directly them.
Trump Says Iran Backs Off Strait of Hormuz Tolls
President Donald Trump says Iran has assured the United States that it will not impose tolls or fees on ships passing through the critical Strait of Hormuz.
Oil Traders on Edge: Is This Ceasefire Real or Just a Pause Before the Next Shock?
James Bikales, Energy Reporter at POLITICO, breaks down the Middle East agreement, oil market risks, the Strait of Hormuz, and what's next.
The Fed Legend Who Shaped Modern Markets Dies at 100
The financial world is mourning the loss of Alan Greenspan, who has died at the age of 100.
Britain Prime Minister Keir Starmer Resigns
Britain is once again searching for a new leader after Prime Minister Keir Starmer announced his resignation.
Oil Markets Watch Iran Agreement Closely
Energy traders spent the day evaluating how the U.S.-Iran agreement could affect global oil supplies.
Trump’s France Trip Ends with Controversial Iran Deal
President Trump wrapped up meetings in France following the G7 summit with a major focus on the Middle East.
Fed Holds Rates Steady but Signals Tougher Road Ahead
The Federal Reserve left interest rates unchanged at its June meeting, the first chaired by Fed Chair Kevin Warsh.
Britain to Ban Social Media for Children Under 16
British Prime Minister Keir Starmer announced plans to prohibit children under 16 from accessing major social media platforms.
White House Says Iran Deal is Nearly Complete
The White House signaled that a U.S.-Iran agreement is nearing completion, with President Trump stating that the deal is effectively “signed” and awaiting.
Oil Prices Plunge as Hormuz Reopening Looms
Energy markets saw one of their biggest moves in weeks after news of the Iran agreement.
Trump Announces Preliminary Iran Peace Deal, Oil Markets Rally
President Trump announced Sunday that the U.S. and Iran have reached a preliminary peace agreement aimed at ending months of conflict and reopening the Strait.
Sam Bankman-Fried Seeks Presidential Pardon in Dramatic Legal Gambit
Disgraced FTX founder Sam Bankman-Fried has formally applied for a presidential pardon from President Donald Trump while serving a 25-year prison sentence.
All Eyes on Fed Chair Kevin Warsh as Rate Debate Intensifies
Investors are closely watching new Federal Reserve Chair Kevin Warsh ahead of his first policy meeting, looking for clues about the future direction.
Inflation Heats Up at Highest Rate in Three Years
The latest inflation report delivered a number consumers were hoping not to see.
Social Security's Clock is Ticking Faster
America's biggest retirement program is moving closer to a financial crossroads.
Oil Prices Surge as U.S.-Iran Conflict Escalates Again
Oil traders woke up to another reminder that geopolitics can move markets faster than earnings reports.
