Airlines will see elevated costs until the oil supply stabilizes. United Airlines’ CEO has been telling people to book their tickets for summer travel as soon as possible. Jet fuel makes up roughly 30 percent of the cost of an airline ticket, and much of that increase is getting passed on.
Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike. Powell spoke on Monday at an introductory macroeconomics class at Harvard University. His remarks will draw scrutiny for how he may answer the classic textbook question: how does a central bank respond to a shock that simultaneously feeds inflation and slows the economy?
Any ECB reaction to this new price shock will clearly depend on whether soaring energy prices will find their way into the rest of the economy or not. A broadening of inflationary pressures and a de-anchoring of inflation expectations could trigger an ECB rate hike. For now, however, the energy price shock falls under the label of ‘transitory’
Swift released her twelfth album, The Life of a Showgirl, last year. Maren Flagg, also known as Maren Wade, accuses Swift of ignoring her trademark. Swift faces the option of buying out Flagg’s claim to the name or fighting the case in court.
President Donald Trump said Sunday night that Iran had agreed to allow 20 more oil cargo ships to pass through the Strait of Hormuz. Lebanese fears that a protracted Israeli occupation may be looming increased Sunday, after the Israeli military said that troops were “expanding the security zone” over the border in southern Lebanon.
More than 16,000 apartments are now in the pipeline from office conversions alone in the years following COVID-19. The office-to-apartment pipeline has reached a record of approximately 90,000 units — roughly four times the volume of just a few years ago. Former office buildings now account for nearly 62% of that total.
Iran has repeatedly warned that as its infrastructure is attacked, it will retaliate. The country has even published evacuation orders in some cases. Iran says it is focused on hitting US military bases in the Gulf, not the countries themselves. The U.S. claims it is having “serious discussions” with Iran.
Artemis II is scheduled to take humans farther into space than ever before as part of a 10-day test flight around the far side of the moon. Four astronauts will travel ~685,000 miles on a trajectory around the Moon and back to Earth. The Artemis II mission will send humans back to the moon for the first time in more than 50 years.
Dern is set to star in the drama, which based on Miami Herald investigative reporter Julie K. Brown’s book Perversion of Justice: The Jeffrey Epstein Story. Sony describes the limited series as “an explosive account of an investigative reporter exposing the secret plea deal between Epstein and federal prosecutors.
Israeli airstrike on a Beirut suburb kills 1 and wounds 17. At least six Israeli soldiers have been killed in Lebanon over the last month, including an American-born service member whose death was announced on Sunday. Two civilians have also killed by Hezbollah strikes on Israel amid the war. According to Lebanese national health officials, more than 1,200 people has been killed by Israel's actions in the country.
Two Air Canada pilots were killed last week when their jet collided with a fire truck at New York’s LaGuardia Airport. Air Canada CEO Michael Rousseau responded and expressed his condolences in a video message on social media. Rousseau has reportedly been criticized before for not speaking French, and reportedly promised to learn the language when he was appointed president.
Myanmar's new president, Aung San Suu Kyi, has been in office for just over a year. The country has been through a series of ups and downs since the country's civil war in the 1980s. The new president is expected to be in office until the end of 2015.
Actor and director Robert De Niro said he felt it was imperative to get out and protest against Trump. "I think more people are starting to see that with this guy, it gets worse and worse and Worse every day," he said. Trump last month called the high-profile actor "a sick and demented person"
In the lead-up to the current war, Trump said that a change in Iran’s power structure “would be the best thing that could happen” Still, in the early days after the war broke out on Feb. 28, Defense Secretary Pete Hegseth said that the operation is “not a so-called regime change war.”
Matt Schlapp, chairman of the Conservative Political Action Conference, teed up the audience Friday with a question about impeachment against President Donald Trump. Schlapp: “No,” Schlapp said, shaking his head, “That was the wrong answer.” He repeated the question a second time, receiving a mixture of applause and boos.
State Democrats had not submitted anyone for their own primary so the Republican candidate could go directly to the general election. “He is running to trick voters,” said a source close to the candidate. ‘He’s not running to win,’ said the source, ‘he’ is campaigning to win.’
The Department of Homeland Security revealed plans to build a border wall running through Big Bend National Park in Texas. In March, the sheriffs of five adjacent counties wrote a letter to CBP expressing their concerns. The sheriffs said building a wall in the region would harm the region's wild scenery and tourism economy.
Trump signed an executive order on the first day of his second term which established that children of temporary visitors and illegal immigrants are not U.S. citizens by birth. Trump's view, asserted in the order titled “Protecting the Meaning and Value of American Citizenship” and backed by some conservative legal scholars, is that people here illegally or temporarily are not “subject to the jurisdiction” of the United States.
Democratic candidates need to keep in mind that their wins in these elections mean nothing if they don’t carry that momentum into the midterms come November. 50% of the respondents also said they would prefer Democrats to control Congress after the mid-terms. Republicans are also weak at the moment. Despite these wins, support for Democrats is still subpar.
Ukraine’s Prime Minister Yulia Svyrydenko praised the role of Ukrainian women. Rheinmetall responded Sunday on X, saying that the company has “the utmost respect” for Ukrainian people fighting Russia. “Every single woman and man in (Ukraine) is making an immeasurable contribution,” it said.
The Republic of Somaliland has publicly offered to coordinate with U.S. authorities on the potential extradition of Representative Ilhan Omar, D-Minn. The Vice President has not yet provided a specific timeline for any formal legal action or responded to the offer of extradition. They said, “Deportation?” the post read.
China views democratic Taiwan as its own territory. It refuses to speak to the government of President Lai Ching-te, who it calls a "separatist" But regularly welcomes senior KMT officials, and Cheng had said she was planning on going. Hsu Kuo-yung, Secretary-General of Taiwan's ruling Democratic Progressive Party, said he hoped Cheng would tell Xi that "Taiwan is a sovereign, independent country"
Pakistan said that it is ready to host talks between US and Iran, and has held a key meeting attended by foreign ministers of Egypt, Turkey, Saudi Arabia and itself in Islamabad. Pakistan’s foreign minister Ishaq Dar said that Islamabad will soon will host Talks between the U.S. and Iran.
Scores of FBI agents and other personnel in California were instructed to gather the documents. The investigation dates from more than a decade ago, when FBI counterintelligence agents looked into a Chinese woman. Swalwell has denied wrongdoing, and law enforcement officials have not presented any evidence that he knew of anything amiss about Fang.
The Centre for Democracy and Economic Development Initiatives (CDEDI) is demanding for an immediate investigation into questionable unusual billing practice. CDEDI Executive Director Sylvester Namiwa demands reactivation of a docket on a dubious US$105,650 EGENCO payment to AGA Limited.
Israeli army admits photshopping image of slain Lebanese journalist. Israeli army has admitted to photoshopping an image of Ali Shuaib, a journalist killed in an Israeli strike in south Lebanon on Saturday. Israel accused the veteran reporter of being affiliated with Hezbollah. The IDF said the strike that killed Shoaib “is being further investigated”
Iran threatens strikes on Israeli and US universities. Iran also threatens to attack homes of U.S. and Israeli “commanders and political officials” Israel claimed the universities were used for nuclear research and development. Iran’s government has become “the main threat” to Persian Gulf security, an official says.
Iran has effectively shut down the Strait of Hormuz, through which about 20% of the world's crude oil typically flows. Mr. Trump said Sunday that relief was on the way in the form of concessions from Iran, starting with the reopening of the strait. "Great progress has been made," declared Mr.Trump, adding that, "if for any reason a deal is not shortly reached, which it probably will be"
This is the second time in recent years that a natural gas war has caused prices to soar in many parts of the world. The U.S. will almost certainly benefit from this, at least in the short term. Other commodities like helium, plastics and aluminum stand to see supply shocks as the war goes on.
There will be no automatic recount in Florida's Senate District 14 race. The margin of victory was 405 votes. The winner will face off with the runner-up in a runoff on April 7. The result will not be known until after the April 7 primary. The loser will face the winner of the Democratic primary.
The Israeli government admitted that it had targeted Shoaib but has not provided evidence that he was a terrorist, or even a combatant in the war. The IDF said the strike that killed Shoab “is being further investigated.” Eleven media members have been killed in Lebanon since the Israel-Gaza war began in 2023.
If confirmed, the Lamerd incident would be the second American strike on an Iranian school or civilian educational and sports facility on February 28. At least 21 people were killed in the strikes, according to Iran’s state news agency, IRNA. The strikes on Iran are being conducted by a joint Israeli-U.S. coalition.
Chinese technology companies are using Hong Kong as a staging ground to raise international capital. But even if a mainland Chinese firm is successful in Hong Kong, it can still face barriers overseas. Hong Kong's role as a bridge for Chinese technology companies is likely to grow as the distance between the two shores continues to widen.
Spain has closed its airspace to U.S. planes involved in the Iran war. Defense Minister Margarita Robles said the same logic applied to the use of Spanish airspace in the conflict. Robles called the war in Iran "profoundly illegal and profoundly unjust" Spanish Prime Minister Pedro Sánchez has described the conflict as illegal, reckless and unjust.
Russian oil tanker reaches Cuba after Trump appears to loosen blockade. Oil the Russian tanker carries is expected to provide Cuba with a short-term lifeline. US President Donald Trump said that he had no problem with countries, including Russia, sending supplies to the island. Trump has effectively cut Cuba off from key oil shipments in an effort to force regime change.
Desmond “Dezi’ Freeman, 56, was killed by police during a confrontation at a rural property in Thologolong, in the north-east of Victoria state. Freeman, a well-known conspiracy theorist, gunned down two police officers on his property in the small Victorian town of Porepunkah last August, before fleeing into dense bushland.
Netanyahu said he instructed authorities that Cardinal Pizzaballa "be granted full and immediate access to the Church of the Holy Sepulchre in Jerusalem" Huckabee: "Statements from the Gov’t of Israel indicate the action was for safety reasons, but churches, synagogues, and mosques throughout Jerusalem have met with the restrictions of 50 or less"
A report by the Inter-Parliamentary Union and the African Parliamentary Union found that 46% had been the target of sexist attacks online. 42% said they had received threats of death, rape, beating, or abduction, often through social media.Extensive research conducted in Ethiopia over the past four years found that gendered abuse is so endemic online it has become normalised.
Thieves made off with three paintings by Renoir, Cézanne and Matisse. The paintings were stolen from a museum near the city of Parma in northern Italy. The museum believes a structured and organized gang was responsible for the theft. The theft took only three minutes to execute, police said Monday.
Pakistan says it will host US and Iran talks in ‘coming days’ Neither side has indicated they are ready to meet. ‘Pakistan is very happy that both Iran and the US have expressed their confidence in Pakistan to facilitate the talks,’ Foreign Minister Ishaq Dar said.
Australian sky turns an apocalyptic blood red ahead of tropical cyclone. High winds from the storm kicked up that soil into the atmosphere. While residents of the Shark Bay area saw a bright red sky, most of the region took on a softer orange hue. It is the first storm in more than 20 years to make landfall in three of Australia’s states and territories.
The Justice Department’s internal oversight offices have refused to pursue their traditional roles investigating senior officials. Whistleblower attorneys told Congress in a complaint chronicling the DOJ inspector general’S inaction during political controversies. They outlined the actions in a letter to Congress, which they sent to the inspector general.
US allows Russian oil tanker to reach Cuba amid blockade as Trump says island ‘has to survive’ The U.S. government will allow a Russian tanker full of crude oil to reached Cuba, effectively easing a blockade that has pushed the island into an energy crisis. Trump said: “I told them, if a country wants to send some oil into Cuba right now, I have no problem whether it’s Russia or not”
Bam Capital offers accredited investors a way to diversify beyond publity. Income-focused and growth-oriented funds provide exposure to real assets designed to be less tied to stock market volatility. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth.
Lebanon's Ministry of Public Health says more 1,240 people have been killed and 3,680 have been wounded in the country since March 2. The Hezbollah militant group began firing rockets into Israel in retaliation for the killing of Iran’s supreme leader, Ayatollah Ali Khamenei.
Those in the dock include four military personnel from France's foreign intelligence service (DGSE), two police officers, a retired domestic intelligence officer, a security guard and two business executives. Most of the accused, aged between 30 and 73, have no previous criminal records. The alleged ringleaders – Jean-Luc Bagur, Frederic Vaglio and Daniel Beaulieu – are all linked to the Athano.
CNBC's Jim Cramer said he wasn't ready to take Trump's comments as an all-clear sign to do some buying. "It's time to buy Meta," analysts argued, noting the stock has fallen on concerns about its massive AI investments. Jim has said investors would regret selling Meta on regulatory risk.
Iran fired a ballistic missile into Turkey before it was shot down by Nato. Incident marked the fourth such incident since the start of the Iran war. Donald Trump has threatened to blow up Iran's power and desalination plants as well as oil wells and Kharg Island unless a deal can be reached to reopen the Strait of Hormuz.
Italy formally protested to Israel on Sunday after Jerusalem police prevented top Catholic officials from reaching the Church of the Holy Sepulchre to celebrate Palm Sunday Mass. Italian Premier Giorgia Meloni condemned the incident as an “offense” to believers. “We are here for all the oppressed in the world,” she said.
The incident took place in Al-Amiriya on the Qalila-Sour road in southern Lebanon. Reports from Al Jazeera Arabic said explosions were heard in the Hezbollah-controlled districts. The army said most of the incoming drones were intercepted by air defence systems. It did not provide details on any damage or the fate of those that were not shot down.
Three U.N. peacekeepers have been killed in southern Lebanon in less than 24 hours. The deaths are part of an ongoing conflict between Israel and the Hezbollah militant group. More than 3,500 people have been wounded in the conflict since March 2, according to the U.S. State Department.
The United States and Israel launched joint strikes against Iran in what Trump dubbed “Operation Epic Fury’ Neustadt said the conflict is in response to years of Iranian aggression against the West. “I believe that this was the circle closing off after the terrorist attacks on Oct. 7, and after Iran constantly, constantly threatening to destroy Western interests and Western values,” he said.
Houthis say attack on Israel comes in response to continued targeting of infrastructure in Iran, Lebanon, Iraq and the Palestinian territories. Houthis in Yemen had held back for a month since the U.S. and Israel launched attacks on Iran on Feb. 28. Yemen's Houthi movement warned Friday it would join the Middle East war if US-Israeli attacks continue.
Italy formally protested to Israel on Sunday after Jerusalem police prevented top Catholic officials from reaching the Church of the Holy Sepulchre to celebrate Palm Sunday Mass. Italian Premier Giorgia Meloni condemned the incident as an “offense” to believers. Dozens of Christian faithful gathered Sunday in the Holy Family Church in Gaza.
I don’t think any of these are going to have war-ending implications, even if the tactical objectives are achieved. The traditional way of ending a war — negotiations — probably makes more sense. It just shows this dynamic of how missions tend to expand beyond what you think they're going to be when you start a war.
At least two dozen U.S. Immigration and Customs Enforcement employees and contractors have been charged with crimes since 2020. The wrongdoing includes patterns of physical and sexual abuse, corruption and other abuses of authority. At least five journalists were killed in Israeli strikes in the south in that conflict, including a correspondent for Al-Mayadeen TV.
President Obama has said he wants to open the Strait of Hormuz. The Iranian government has asked for it to be opened. Obama says he is open to any solution to the crisis. The president says a potential ceasefire would shift the situation back to a cold war, but there is no possibility of that.
The official Cuban news outlet Cubadebate called the Russian shipment a direct challenge to the U.S. oil blockade. The Russian navy escorted the sanctioned vessel through the English Channel on its way to the Caribbea. "If a country wants to send some oil into Cuba right now, I have no problem with that," Trump said.