screenshot 2026 09 03 072259

U.S. sinks second “floating refueling station” used by alleged drug traffickers

The United States military intercepted and sank a vessel that was allegedly being used to support at-sea drug trafficking by the Ecuadorian criminal organization Los Choneros, officials said on Wednesday. It came after a similar operation on Friday that destroyed another vessel linked to the gang, one of Ecuador’s main drug trafficking and extortion groups….

Read More
gettyimages 2290743252

Rising bond yields threaten to push up U.S. borrowing costs, experts say. Here’s what to know.

Treasury yields edged higher on Tuesday, extending a global bond sell-off and threatening to raise borrowing costs for millions of Americans. The yield on the 10-year Treasury, which influences mortgage rates, rose to 4.78%, up from 4.75% late Monday and the highest level since January 2025. The yield on the 2-year Treasury, which closely tracks…

Read More
screenshot 2026 08 29 at 7 56 26 am

U.S. military takes out ship used as refueling station for alleged drug-trafficking boats

The U.S. military, in conjunction with Ecuadorian officials, boarded and later sank a vessel on Friday allegedly used as a refueling station for drug-trafficking boats in the eastern Pacific Ocean, according to U.S. Southern Command. The vessel, which was in international waters near Ecuador, was allegedly used as a floating ship-to-ship refueling station for drug…

Read More