A 17th-century Italian painting looted by Nazis from a prominent Jewish Dutch art collector must be returned to the rightful owner’s heir, a judge in Argentina ruled on Friday. Judge Santiago Inchausti approved a deal in which the daughter of a fugitive Nazi official agreed to give up her claim to the painting rather than…
5m ago Diesel hits an all-time high as U.S. gas prices surge ahead of Labor Day weekend U.S. gas prices surged ahead of Labor Day weekend, with diesel hitting a record of $5.85 a gallon Friday, eclipsing its prior mark of $5.81, set in June 2022. The AAA has predicted that travelers will face…
The Justice Department is attempting to revive a centuries-old law to speed up efforts to claim Iranian oil tankers seized during the war with Iran, but maritime law experts say the plan could face hurdles. The top federal prosecutor in southern Texas confirmed last month that his office is involved in the effort to revive…
10m ago Iranian state TV says 4 killed by U.S. strike on wedding party in country’s south Iran’s IRIB state television network reported Wednesday that a wedding celebration in the southern province of Hormozgan was struck by three missiles, killing at least four people and leaving dozens more wounded. The Iranian foreign ministry earlier…
A federal appeals court on Friday rejected Kalshi’s efforts to stop Nevada from regulating speculation on sporting events on its platform, handing states an important win in the battle over which level of government has authority to oversee the rapidly growing prediction-markets business. The 9th Circuit Court of Appeals said Kalshi failed to show that…
Long lines formed at gas stations in Tehran Tuesday after the United States announced fresh sanctions aimed at pressuring Iran into submission. Washington has turned to pulling economic levers six months into a war on Iran that has ground to a stalemate militarily, with peace talks stalled and most traffic through the crucial Strait of…
The language used Monday by Treasury Secretary Scott Bessent as he announced a new raft of sanctions against Iran was apocalyptic. The measures are part of the Trump administration’s plan to use economic pressure to force Iran to capitulate, to bring an end to the nearly six-month war and reopen the Strait of Hormuz. The…
Washington — Treasury Secretary Scott Bessent is holding a press conference Monday at the Treasury Department as the Trump administration announces the details of what it’s calling “economic D-Day” for Iran. Bessent is expected to broaden the administration’s current sanctions regime with the threat of stronger secondary sanctions on entities and countries that transact with…
President Trump threatened this week to wield an “unprecedented” level of economic warfare against Iran, and Treasury Secretary Scott Bessent vowed to “collapse” the Islamic Republic regime with the “toughest sanctions in history.” But the effectiveness of a bolstered economic campaign against Iran may rest largely on one close U.S. ally in the Persian Gulf,…
Iran’s parliament passed a resolution early this week that would increase punishments for Iranians who interact in any way with foreign media outlets, organizations or individuals. If the legislation is approved by higher authorities as expected, any contact with U.S. media entities, foreign embassies or institutions — whether it takes place inside or outside Iran…
