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Dow soars 1,000 points on strong corporate earnings and hopes of Iran deal

The U.S. stock market approached record highs on Tuesday after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could be reached within days. Investors were also cheered by strong corporate profits, with companies ranging from equipment maker Caterpillar to software company Palantir Technologies reporting second-quarter results that exceeded analysts’ expectations. …

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Lawyer for GOP Rep. Max Miller’s ex-wife files for restraining order as abuse allegations against congressman swirl

The ex-wife of Republican Rep. Max Miller asked a court Thursday to issue a restraining order blocking the two-term Ohio congressman from contacting her lawyer, as her allegations that he assaulted her — which Miller denies — continue to plague his contentious reelection campaign. In court filings, ex-wife Emily Moreno alleged that Miller has repeatedly…

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Inflation held steady in February before Iran war drove up gas prices, CPI report shows

The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors.  “Inflation was starting to ease in…

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Zelenskyy accuses Russia of assisting Iran with satellite imagery of U.S. bases in Middle East

Ukrainian President Volodymyr Zelenskyy said on Saturday he will share evidence with the United States showing Russia is assisting Iran in targeting U.S. bases in the Middle East via satellite surveillance. “Since the beginning of July, we have recorded active Russian satellite surveillance of the Gulf states and U.S. military facilities located there,” Zelenskyy said…

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