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Iran's nuclear chief not expected to attend IAEA General Conference, official says
2+ hour, 38+ min ago (378+ words) VIENNA – The head of Iran’s Atomic Energy Organization is not expected to attend the annual gathering of the U.N. nuclear watchdog’s member nations in Vienna for the first time in years because he is banned from international travel, an…...
Somalis rethink trade routes as Houthis disrupt established shipping channels
7+ hour, 50+ min ago (76+ words) WSLS House Speaker Mike Johnson says Trump's $5,000 'dividend' needs congressional approval Trump says he plans to remove a 10% tariff on Irish whiskey Russian drone hits train near Ukraine-Poland border soon after visiting dignitaries passed through Trump downplays the need to…...
Iran-backed Houthis in Yemen claim new attacks on Saudi Arabia
16+ hour, 19+ min ago (685+ words) CAIRO – Iran-backed Houthis in Yemen overnight claimed new attacks on neighboring Saudi Arabia, as Yemen's Saudi-backed government described the rebels' swift advance along the Red Sea coast as a “painful” development in a new front in the Iran war. The…...
Iranian media say 1 killed in ship strike on the Strait of Hormuz, and other Mideast developments
18+ hour, 13+ min ago (641+ words) An Iranian commercial ship was struck early Sunday near the Strait of Hormuz, with one person killed, Iranian state media say. Meanwhile, the Iranian-backed Houthi rebels in Yemen said they fired drones and missiles toward southern Saudi Arabia, putting new…...
European Central Bank raises interest rates a quarter point to quell energy-fueled inflation
3+ day, 8+ hour ago (376+ words) FRANKFURT – The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran war. The decision was supported by a stronger-than-expected economy that suggests businesses can weather the higher borrowing…...
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
3+ day, 19+ hour ago (405+ words) WASHINGTON – Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated. In a striking acknowledgment Wednesday, Trump said that oil prices likely won’t come down…...
Iran-backed Houthi rebels take over a strategic port city in Yemen, posing a new threat to shipping
3+ day, 11+ hour ago (445+ words) ADEN – The Iran-backed Houthi rebel group on Thursday took over Yemen’s port city of Mokha, an area vital to controlling shipping through the Red Sea, Houthi and Yemeni officials said. Mokha is about 80 kilometers (50 miles) from the Bab el-Mandeb Strait,…...
US home sales weaken to slowest pace in more than a year as mortgage rates, home prices climb
3+ day, 13+ hour ago (222+ words) Sales of previously occupied U.S. homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising mortgage rates and home prices. Existing home sales fell 2% last month from July to a seasonally…...
Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York
4+ day, 6+ hour ago (451+ words) NEW YORK – A racketeering conspiracy trial of Huawei Technologies began in New York on Wednesday with federal prosecutors accusing the Chinese tech company of a litany of crimes, including stealing technology from American companies, abusing the U.S. financial system and…...
Asian shares fall and oil prices hold steady above $100 a barrel
3+ day, 23+ hour ago (677+ words) BANGKOK – Asian shares skidded Thursday following a retreat on Wall Street as the price of crude oil again traded above $100 a barrel. U.S. futures were modestly higher. The price of Brent crude jumped 3.4% on Wednesday, surging above $100 a barrel for…...