Author: Leslie Stewart

An Iranian salesman sits next to a portrait of Iran’s late Supreme Leader Ayatollah Khamenei at a fruit shop in the Shahid Boroujerdi residential complex in southern Tehran, Iran, on April 14, 2026. Morteza Nicobazul | Nur Photo | Getty ImagesThe war in the Middle East has sent Iran’s already fragile economy into free fall.Tehran’s main war tactic is economic damage. Iran’s attacks targeted energy infrastructure in neighboring countries and closed off the vital Strait of Hormuz, through which about 20% of the world’s oil and gas was transported before the war, causing the worst energy shock in decades.However, its…

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Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, told lawmakers he wants the central bank to change its strategy for measuring inflation.But Aditya Bhave, an economist at Bank of America, warned on Wednesday that such a reconfiguration, part of a broader “systemic change” that Warsh has promised the central bank, may not work out as he hoped.The Fed has long favored a core price index of personal consumption expenditures, known as core PCE, because it excludes volatile food and energy prices.But Warsh wants to go a step further by eliminating extreme price shocks when calculating overall inflation.”What…

Two University of South Florida doctoral students are missing, the school’s police department said in a statement Tuesday. Subscribe to read this story without ads Get unlimited access to ad-free articles and exclusive content.Zamir Limon and Nahida S. Bristi, both 27, were last seen on Thursday, according to US FPD. Police said Limon, a doctoral student pursuing a degree in geography, environmental science and policy, was last seen at his home in Tampa at 9 a.m. Thursday. There has been no contact with him since then, and the Hillsborough County Sheriff’s Office filed a missing persons report on his behalf.…

Subscribe to read this story without ads Get unlimited access to ad-free articles and exclusive content. 民主党が提案した地図は、州内の11の選挙区のうち共和党が堅調な選挙区を1つだけ残すように設計されている。 There are currently six Democrats and five Republicans in the Virginia House of Representatives. But the battle over Virginia’s maps and the broader redistricting battle won’t end Tuesday.Republicans challenged the legality of the constitutional amendment that Democrats had rushed through.バージニア州最高裁判所は、特別選挙の続行を認めると同時に、この法案をめぐる問題について選挙後に判決を下す権利を留保する判決を下した。 “At the end of the day, it’s the people who hold all the power,” he said. 「これらの選挙区とマイクロターゲットを描き、すべてをうまく機能させる方法を見つけ出し、そこにひどい候補者を立てれば、突然、青い選挙区はもう青ではなくなります。」

Federal Reserve Chairman candidate Kevin Warsh said on Monday that the central bank must be largely independent of political influence, but must remain focused on its core goals.Follow CNBC’s live coverage of Kevin Warsh’s confirmation hearingIn remarks scheduled to appear before the Senate Banking Committee on Tuesday, Mr. Warsh expressed a firm commitment to fighting inflation, mentioning the labor market only once.”Simply put, the Fed’s independence depends primarily on the Fed,” the former central bank president said.Warsh’s talk also addressed familiar criticisms he has raised in recent years, namely that the Fed has repeatedly crossed boundaries and expanded into areas…

It’s hard to find a truly cozy and comfortable blanket that will give you peace of mind during your busiest weeks, and without breaking the bank. Lola Blankets has some of NBC Select’s editor-favorite blankets, and while they may be quite a splurge, we think they’re worth it. And now, the popular ultra-soft blankets are on sale.With this brand, you can get up to 50% off blankets of all sizes in all kinds of styles, textures, and prints with the code SPRING50.Made from a blend of polyester and spandex, Lola blankets are known for their ultra-soft, smooth, bubbly knit texture.…

The front page of Java Newspaper (L) and the front page of Jam Jam newspaper, which features a caricature of US President Donald Trump drowning in the Strait of Hormuz under the heading “Marine Bluff”, are on sale at newsstands in Tehran on April 13, 2026. Atta Kenare | AFP | Getty ImagesThe United States and Iran have intensified their war of words as the deadline for a fragile ceasefire approaches, with both sides raising the stakes for a second attempt at a peace deal. Mohammad Berger Ghalibaf, the speaker of Iran’s parliament, appeared to pick up steam on Tuesday…

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The US importers are: target to walmartthe Trump administration launched an insurance claims portal on Monday seeking more than $160 billion in tariff refunds following a February Supreme Court ruling.Hopes are high that the program will start smoothly, but companies and Wall Street analysts have tempered expectations that companies will issue refunds quickly.Trade lawyers have warned of bureaucratic hurdles, legal vulnerabilities and the possibility of a last-minute appeal by the Trump administration.”(Importers) are pessimistic that the government will make this easier. They expect the government to make it as difficult as possible to get refunds,” said Matthew Seligman, chief trade…