iran
Americans’ view of the economy sinks to the lowest level since 2014, Conference Board survey says
WASHINGTON | Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war. The Conference Board said Tuesday that its consumer confidence index tumbled 6.7 points to 81.9 in September, down from 88.6 in August. That’s the […]
Americans’ view of the economy sinks to the lowest level since 2014, Conference Board survey says
WASHINGTON | Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war. The Conference Board said Tuesday that its consumer confidence index tumbled 6.7 points to 81.9 in September, down from 88.6 in August. That’s the […]
Trump administration lowers fuel economy standards, critics say at a significant environmental cost
NEW YORK | The Trump administration on Monday released new fuel economy standards that relax regulatory requirements for automakers to control pollution from gasoline-powered cars and light trucks. The new rules were released shortly after President Donald Trump rejected an Iranian proposal to open the Strait of Hormuz, sending oil prices soaring. Fuel economy requirements […]
Yemen’s civil war returns and overwhelms hospitals with ‘a very dangerous situation’
ADEN, Yemen | Tarek al-Salami, aged 7, sat in a diaper, looking frail. Normally, the malnutrition and diarrhea that weakened his tiny frame would have been treated within a few days, but nothing is normal in Yemen anymore. Tarek’s father carried him on foot from the southwestern city of Mokha as Iran-backed rebels swept in […]
Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%
The average long-term U.S. mortgage rate rose this week above 7% for the first time since January 2025, the latest affordability setback for prospective homebuyers following a five-week run of rate increases. The weekly average rate on a 30-year fixed-rate home loan rose to 7.03% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. […]
8 sailors in Lincoln carrier group attempted suicide on extended deployment, Navy leader says
WASHINGTON | Eight sailors attempted suicide while deployed with the USS Abraham Lincoln aircraft carrier strike group, which spent a record-setting uninterrupted time at sea supporting the Iran war, the Navy’s top civilian leader said this week. Acting Navy Secretary Hung Cao provided the information to Sen. Kirsten Gillibrand in a letter dated Tuesday after […]
Iran has suggested a deal to reopen the Strait of Hormuz in 7 days
Iran has offered to reopen the Strait of Hormuz and resume talks on its nuclear program in seven days if the United States lifts its naval blockade, waives sanctions on Iranian oil sales and observes a ceasefire that would include Lebanon. Iran’s Foreign Minister Abbas Araghchi detailed the proposal in a private gathering on Thursday […]
Israel’s Netanyahu says at UN that attacking Iran was ‘one of the easiest decisions’ he’s ever made
Israeli Prime Minister Benjamin Netanyahu told world leaders Thursday that attacking Iran “was one of the easiest decisions I’ve ever had to make” and denounced as “moral cowards” a mass of delegates who walked out of the U.N. General Assembly when he took the podium to speak. “In defending itself, Israel is also also defending […]
Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare
WASHINGTON | Fewer people applied for U.S. unemployment benefits last week, as U.S. jobless claims remain at historically low levels and most Americans enjoy job security. The Labor Department said Thursday that 197,000 applied for unemployment checks last week, the fewest since mid-July and down from a revised 198,000 the week before. The four-week average […]
Iran’s president delivers defiant UN speech, and other Mideast developments
Iranian President Masoud Pezeshkian delivered a defiant speech at the United Nations on Wednesday as Tehran downplayed talks with the United States. Meanwhile, another ship attempting to transit the Strait of Hormuz was struck by a projectile, highlighting the dangers that continue to restrict traffic through the critical waterway as the seven-month war grinds on. […]