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Oil prices fall sharply as Trump signals Iran deal on Hormuz Strait
Oil prices fell on Monday as markets embraced hopes for the de-escalation of the Iran war, despite uncertainty over the prospects for a Federal Reserve interest rate hike. President Donald Trump on Sunday signaled he was holding off on ordering fresh strikes…
Pentagon boosting THAAD interceptor production with Northrop Grumman, Lockheed Martin deal
President Donald Trump’s War Department is supercharging missile-defense production, signing framework agreements with Lockheed Martin and Northrop Grumman to expand production capacity for components used in two defense systems. The deals aim to quadruple…
California Democratic Party backs controversial billionaire wealth tax proposal that’s on state’s 2026 ballot
The California Democratic Party is supporting a proposed one-time wealth tax on billionaires of up to 5%. Californians will decide whether to adopt the proposal during the 2026 midterm election. The party’s executive board voted in favor of backing the…
Myspace seeking a revival as its owners plan comeback effort for once-popular social media platform
Myspace could soon make a comeback after nearly two decades on the decline, as its owners seek a fresh start to compete with the current social media giants. The owners of the once-popular social media platform, brothers Tim and Chris Vanderhook, announced…
Coldcard wallet attack drains up to $89M in Bitcoin from 1,200+ addresses
Owners of a popular bitcoin storage device are being urged to protect their cryptocurrency after security researchers said a software flaw may have allowed attackers to steal roughly $70 million worth of bitcoin in less than an hour. Forbes first reported the…
Nearly 23,000 pounds of Ukrop’s baked spaghetti and chicken cobbler recalled over metal sliver concerns
Nearly 23,000 pounds of Ukrop’s Homestyle Foods baked spaghetti and chicken cobbler products are being recalled over concerns they may be contaminated with metal slivers, federal regulators said. The U.S. Department of Agriculture’s Food Safety and Inspection…
Minnesota’s ban on crypto ATMs goes into effect after citizens report losing nearly $1 million in scams
Minnesota’s ban on cryptocurrency ATMs took effect Saturday after state officials said residents had reported losing nearly $1 million in scams involving the machines since 2023. Democratic Gov. Tim Walz signed legislation on May 4 banning the installation of…
Nearly 12 million bottles of Rohto eye drops over sterility concerns, FDA announces
Nearly 12 million bottles of Rohto eye drops have been recalled over concerns they may not be sterile, according to a Food and Drug Administration (FDA) enforcement report. The voluntary recall was issued by Vietnam-based Rohto-Mentholatum and includes eye…
LARRY KUDLOW: How about a Reagan-style reconciliation tax cut? All right?
Now, in case you didn’t see it, please rush out, get today’s Wall Street Journal, and read James Freeman’s fabulous column: “How about Reagan-Style Reconciliation?” All right. I was there as a young man, deputy in the Office of Management and Budget, and it’s…
Frozen burritos sold at Costco prompt public health alert over undeclared allergen
The U.S. Department of Agriculture has issued a public health alert for a frozen burrito sold at Costco because officials claim it contains an undeclared allergen. A product labeled as Red’s Steak Cilantro and Lime Burrito, which was produced on June 19…