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Saudi Arabia has few options as it faces mounting threats from Iran and its allies - Boston News, Weather, Sports | WHDH 7News
1+ day, 7+ hour ago (1065+ words) A lightning advance by Houthi rebels threatens a crucial Red Sea shipping route. Drone attacks blamed on Iraqi militias have forced the closure of a major pipeline, and Iran is still disrupting the Strait of Hormuz. It’s a nightmare scenario…...
Trump, hoping to salvage midterms, makes dubious pledge to give every US adult $5,000 if GOP wins - Boston News, Weather, Sports | WHDH 7News
3+ day, 21+ hour ago (601+ words) President Donald Trump pledged Wednesday to send every American adult $5,000 if Republicans retain control of the House and Senate in the midterm elections, an extraordinary gambit to reverse his party’s sagging fortunes in November. The dubious promise would likely cost…...
Republicans begin two-day midterm convention billed as a ‘Trump-a-Palooza’
4+ day, 9+ hour ago (1060+ words) Many party members, including those facing tight races, are skipping the two-day affair, citing conflicting obligations or balking at demands that they pony up for access. Others are hoping an appearance alongside President Donald Trump will put them in the…...
Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
4+ day, 14+ hour ago (479+ words) The S&P 500 index fell 0.3%. The Dow Jones Industrial Average fell 311 points, or 0.6%, as of 10:45 a.m. Eastern time. The Nasdaq composite fell 0.4%. The losses were broad, with retailers among the companies leading the market lower. Amazon fell 1.8% and Starbucks fell 1.5%. Nearly…...
Iran accuses the US of targeting a tanker near Kharg Island, and other key Mideast developments
1+ week, 1+ day ago (731+ words) Iran has accused the U.S. of attacking an Iranian tanker near Kharg Island in the Persian Gulf. The U.S. did not immediately comment, and there was no sign of retaliation. The past week saw the first exchange of fire after a month…...
Wall Street rises as tech stocks climb and oil prices, bond yields hold relatively steady
1+ week, 4+ day ago (872+ words) U.S. stocks snapped a three-day losing streak Wednesday as gains by big technology companies and relatively steady oil prices and bond yields helped lift the market after a downbeat start to the week. The S&P 500 index rose 0.5%. The Dow Jones…...
United Arab Emirates says it has intercepted an Iranian drone over its territorial waters
1+ week, 6+ day ago (599+ words) During the lull in fighting, the U.S. has been ratcheting up economic pressure on Iran with the hope of forcing concessions out of Tehran, including reopening the vital Strait of Hormuz to shipping. In a short statement, the Defense Ministry said…...
Trump used to say he saw a quick end to his Iran war, but 6 months later he claims he’s in no hurry
2+ week, 2+ day ago (932+ words) The war isn’t over, though Trump claims that through bombs and blockade, he has already devastated Iran’s leadership, military and economy. And this week his administration said it would turn its focus to increasing economic pressure — rather than military action…...
Tech stocks lead Wall Street after Nvidia, Salesforce and others say AI is creating big growth
2+ week, 3+ day ago (589+ words) The S&P 500 added 0.7% and pulled closer to its all-time high set earlier this month. The Dow Jones Industrial Average was up 160 points, or 0.3%, as of 2:01 p.m. Eastern time, and the Nasdaq composite was 1.4% higher. “AI has reached its inflection point,…...
Iran and Oman hold talks on managing the Strait of Hormuz and other news from around the Middle East
2+ week, 5+ day ago (889+ words) The top diplomats of Iran and Oman met on Tuesday to discuss a phased approach to managing ship traffic through the Strait of Hormuz, which remains largely shut down nearly six months after the Iran war began. The talks came…...