Nation Apr 18 Federal judge blocks Nexstar-Tegna merger until antitrust lawsuit is resolved By Rebecca Boone, Associated Press
Economy Apr 17 Oil prices plummet as Wall Street rallies to new record following Strait of Hormuz reopening Oil prices are falling by more than 10%, and Wall Street is rallying toward another record after Iran said the Strait of Hormuz is fully open, which would allow oil tankers to exit the Persian Gulf again and carry crude… By Stan Choe, Associated Press
Economy Apr 16 What lagging jet fuel supplies could mean for airlines and travelers A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn't start flowing again soon — meaning higher airfares and flight cancellations as the… By Mae Anderson, Cathy Bussewitz, Wyatte Grantham-Philips, Associated Press
Politics Apr 16 WATCH: Trump attends Tax Day roundtable in Las Vegas as he touts 'no tax on tips' policy President Donald Trump is betting that the tax cuts he signed into law last year will resonate with voters in Las Vegas, where he highlighted his tax breaks for tipped workers in an appeal targeted at this year's midterm elections. By Michelle L. Price, Jessica Hill, Associated Press
Economy Apr 15 Wall Street hits record as S&P 500 continues 2-week rally, boosted by hopes for Iran war's end The S&P 500 rose 0.8% and eclipsed its prior all-time high set in January. Whether Wall Street is correct to have so much hope for peace and whether stocks should be the highest they’ve ever been remains to be seen. By Stan Choe, Associated Press
Apr 15 WATCH: Bessent warns that U.S. is launching 'financial equivalent' of bombing Iran By Associated Press The warning comes the day after Treasury Department sent a letter to financial institutions in China, Hong Kong, the United Arab Emirates, and Oman, threatening to levy secondary sanctions for doing business with Iran. Continue reading
Apr 15 As Trump threatened to fire Powell, federal prosecutors showed up unannounced at the Federal Reserve building By Paul Wiseman, Michael Kunzelman, Associated Press Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office were turned away on Tuesday by a building contractor and referred to Fed attorneys, according to someone familiar with the visit. Continue reading
Apr 14 Watch 7:44 Who is benefiting the most from the Trump administration's tax cuts By Stephanie Sy, Courtney Norris Tax Day is on Wednesday, and President Trump and Republican lawmakers are trying to draw attention to new tax cuts and increased deductions approved last year. But with the war, higher gas prices and other economic costs, some polls suggest… Continue watching
Apr 14 IMF cuts the outlook for global growth in the fallout from from Iran war By Paul Wiseman, Associated Press The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday. Continue reading
Apr 14 U.S. wholesale prices surged 4% last month during the Iran war By Paul Wiseman, Associated Press The surge in prices complicates the work of the inflation fighters at the Federal Reserve, who have faced intense pressure from President Donald Trump to lower their benchmark interest rate. But some Fed policymakers are inclined to raise rates instead,… Continue reading