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Budget Airline Model Under Pressure Amid Rising Costs

2 weeks ago
The budget airline model is struggling under a perfect storm of soaring fuel costs, fierce competition from mainline carriers (like Delta and United), and a post-pandemic shift where travelers increasingly favor premium cabins over low fares, reports CNBC.

Olympian Arrested in Reflecting Pool Incident

2 weeks ago
The Trump administration's restoration of Washington's National Mall and iconic monuments sparked another issue Friday after a three-time Olympian was arrested at the Lincoln Memorial's Reflecting Pool amid repairs and efforts to combat an algae bloom.

Tech Investors Face New Reality: AI Runs on Debt, Power, Copper

2 weeks ago
The AI boom is pushing tech investors into unfamiliar territory, CNBC reported Saturday. For years, big tech companies could rely on huge cash reserves and steady profits. That let investors focus mostly on growth. But the race to build AI data centers is changing that.

Trump: Iran Deal Is Surrender, Sees Regime Change

2 weeks ago
President Donald Trump defended his administration's agreement with Iran, arguing that the accord amounts to an "unconditional surrender" by Tehran and saying the Islamic Republic has effectively undergone a form of regime change following the recent conflict.

DOJ: Judge's Order Does Not Require New Kennedy Center Shows

2 weeks ago
The Trump administration told a federal judge late Friday that the Kennedy Center will remain open past July 5 but will not book new shows or hire additional staff, leaving the venue's future programming to a board vote scheduled for mid-July. In a joint status report,...

Iran Hawks in Both Parties Say Trump Capitulated to Tehran

2 weeks ago
Iran hawks on both sides are accusing President Trump of capitulating to Tehran after signing a ceasefire and agreement lifting sanctions on oil exports, with critics arguing he backed down amid falling approval ratings and fears of political fallout before midterms.

Report: Qatar, US Eye $6 Billion Iran Release as Talks Stall

2 weeks ago
The Trump administration is working with Qatar on a mechanism that would let Iran tap roughly $6 billion in frozen oil revenue to buy food, medicine, and other humanitarian goods, an early financial sweetener under the 14-point MOU signed Wed. with Tehran.

Iran Announces Strait of Hormuz Closure After US 'Breach'

2 weeks ago
Iran's Khatam al-Anbiya Central Headquarters said in a statement posted Saturday that the Strait of Hormuz has been closed to vessel traffic, accusing the U.S. of violating the recently negotiated MOU intended to end the U.S.-Iran war and restore maritime access.

US Wins World Cup Group D, Advances to Knockout Round

2 weeks ago
Christian Pulisic's injury absence didn't hurt the United States one bit. The Americans advanced to the knockout round of the World Cup without their injured star forward, beating Australia 2-0 on Friday for their second straight victory in the expanded 48-team tournament....

A Top Banker Tried to Sway Pope Leo XIV on Rare Earth Mining

2 weeks ago
The head of Latin America’s top development bank made a pitch to Pope Leo XIV this week in the face of the Vatican’s call to divest from the mining industry: that the mistakes of the past can be avoided in extracting rare earth minerals to supply a global tech boom.
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