Jul 15 U.S. reimposes blockade and steps up strikes as Iran threatens to halt all energy exports from the region By Jon Gambrell, Associated Press Iranian officials said Wednesday that the American strikes hit an Iranian army barracks, killed at least seven troops and wounded more than 260 people across the country. Continue reading
Jul 14 Watch 3:15 U.S. launches more strikes, tightens naval blockade as Iran hits Gulf allies By Nick Schifrin, Eliot Barnhart, Unda Dittaboot The U.S. launched a fourth straight night of strikes and is reimposing its naval blockade of all Iranian ports, its most formal step toward resuming full-scale war with Iran. President Trump says the move is designed to starve Iran’s regime… Continue watching
Jul 14 Watch 7:42 Middle East experts assess latest escalation in U.S.-Iran conflict By Nick Schifrin, Eliot Barnhart, Unda Dittaboot As the U.S. and Iran battle for control of the Strait of Hormuz, Nick Schifrin discusses the latest developments with Alan Eyre and Miad Maleki. Eyre was part of the Obama administration's negotiating team for the Iran nuclear deal and… Continue watching
Jul 14 Watch 5:34 News Wrap: Fed Chair Warsh pledges inflation will be 'thing of the past' In our news wrap Tuesday, Federal Reserve Chair Kevin Warsh told the House Financial Services Committee that inflation will be "a thing of the past," the CDC says there are now nearly 7,000 confirmed or suspected cases of cyclosporiasis nationwide… Continue watching
Jul 14 WATCH: Trump says he's reversing course on Strait of Hormuz fees because Gulf states will invest in U.S. By Associated Press The president explained his thinking in backing away from a 20% toll on cargo passing through the Strait of Hormuz, saying he was called by “kings and emirs” and other leaders who suggested an alternate arrangement. Continue reading
Jul 14 U.S. launches additional strikes on Iran ahead of restoring blockade, official says By Jon Gambrell, Collin Binkley, Josh Boak, Associated Press The U.S. carried out another wave of strikes ahead of its planned reimposition of a blockade on Iran's ports, a U.S. official told The Associated Press on condition of anonymity to discuss a sensitive military operation. Continue reading
Jul 14 The highs and lows of the World Cup By Geoff Bennett Simon Kuper is one of the few sports journalists who has now attended 10 World Cups. The author of “World Cup Fever: A Soccer Journey in Nine Tournaments” and co-author of “Soccernomics” joins Geoff Bennett to share the highs and… Continue reading
Jul 14 Why it's so difficult for the U.S. to fully reopen the Strait of Hormuz By Ben Finley, Farnoush Amiri, Konstantin Toropin, Associated Press Commercial vessels have been avoiding traditional routes through the strait out of fear of Iranian mines. Continue reading
Jul 14 Inflation cools more than expected in June as gas costs fall and underlying prices ease By Christopher Rugaber, Associated Press Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation. Continue reading
Jul 14 Trump backs away from plans to charge fees in the Strait of Hormuz By Jon Gambrell, Associated Press President Donald Trump on Tuesday announced a reversal of plans to charge a 20% toll on cargo going through the Strait of Hormuz, saying that Middle Eastern countries will instead make investment and trade deals with the U.S. Continue reading