The clock that was ticking toward a dramatic new escalation in the Iran war may now be counting down to a deal that would end it. That’s the latest stunning turn of events delivered by President Donald Trump’s social media account. Trump announced Monday that he was postponing his threatened military strikes against Iranian power
This article is part of “Unaffordable America,” a series examining rising economic inequality in the U.S. and the policies that drive it. How’s the economy? Not bad if you’re rich. Demand for luxury yachts and private jets is surging thanks to last year’s tax law. Sales of $10 million-plus mansions are booming as stocks hit
The Defense Department will remove media offices from the Pentagon after a federal judge sided with The New York Times in a lawsuit challenging limits on reporters’ access to the building, a department official announced Monday. An area of the Pentagon known as “Correspondents’ Corridor” that reporters have used for decades to cover the U.S.
U.S. stocks surged Monday, after President Donald Trump announced that he was postponing all military strikes on Iranian power plants for a five-day period. Trump said the U.S. and Iran had engaged in what he called “very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East.” Reporting
WASHINGTON — On Sunday, Senate Majority Leader John Thune, R-S.D., discussed an off-ramp with President Donald Trump to reopen TSA and end the long lines and delays at airports. It would fund all of the Department of Homeland Security except for ICE, which Democrats have refused to support without new limitations on immigration enforcement operations,
The surge in artificial intelligence investment is reshaping venture capital markets, but it is also concentrating funding in ways that may complicate progress for women founders. While female-founded startups in the United States raised a record amount of venture funding in 2025, much of the capital was concentrated in a handful of AI companies, highlighting
The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers. The agency that polices discrimination in the workplace filed an action in federal court in Missouri to compel the publicly traded athletic shoe and apparel giant to produce information in response to a subpoena the agency
The global financial landscape has been fixated on the Iran war in recent days. While the strikes that killed Tehran’s supreme leader and the nation’s subsequent “retaliation” were broadly expected to hurt stock prices, markets have actually shown a surprising level of resilience. Despite this apparent stability, however, investors remain in a state of purgatory,
LOS ANGELES — The world’s biggest social media companies face several landmark trials this year that seek to hold them responsible for harms to children who use their platforms. Opening statements for the first, in Los Angeles County Superior Court, begin this week. Instagram’s parent company Meta and Google’s YouTube will face claims that their
The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds. The bankruptcy filing marks the third time in a little over two decades for the storied-but-now-tired brand that began as a Seattle fishing shop, later