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Watch Live: Fed Chair Powell's Last Press Conference
Watch Live: Fed Chair Powell's Last Press Conference
With Kevin Warsh having won the backing of the Senate Banking Committee on a 13-11 party-line vote to be the next chair of the Federal Reserve, it's pretty much a done deal that this will be Jerome Powell's final press conference as Fed Chair.
And while The Fed took no action - as 100% expected - the question remains whether Powell will lean hawkish (oil crisis means inflation tsunami) or dovish (higher costs drag on economy and need support) despite the most dissents (3...
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Sep 9, 2026 / Tyler Durden
US Sanctions Dozens Of Iranian Airlines As Tehran-Favored Mahan Air Defiant, Expands Flights
US Sanctions Dozens Of Iranian Airlines As Tehran-Favored Mahan Air Defiant, Expands Flights
As part of the latest in the Trump-Bessent "asphyxiation of this regime" approach to Iran after six months of military action failed to accomplish most White House aims, the Trump administration on Tuesday announced it is sanctioning all Iranian airlines in a massive aviation crackdown.
The Treasury statement listed 27 Iranian air carriers and nine entities as part of an effort to deny the Iranian government the ability to move "weapons, personnel, and illicit cargo".
via IRNA
"Let this be a warning...
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May 6, 2026 / Dave DeCamp
US CENTCOM Says It Attacked and Disabled an Iranian Oil Tanker in the Gulf of Oman
US Central Command said on Wednesday that its forces attacked and disabled an Iranian-flagged oil tanker, the M/T Hasna, in the Gulf of Oman, which it claimed was attempting to bypass the US blockade of Iranian ports. CENTCOM said that after issuing warnings to the ship, a US Navy F/A-18 fighter jet launched from the aircraft carrier […]
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Jul 12, 2026 / Tyler Durden
US Engaged In Sustained Attack Waves On Iran As Trump Boasts 'We Bombed The Hell Out Of Them'
US Engaged In Sustained Attack Waves On Iran As Trump Boasts 'We Bombed The Hell Out Of Them'
update(1745ET): The Pentagon has confirmed late in the day Sunday that US forces have continues launching more strikes on Iran throughout the day, describing that the latest wave of strikes are aimed to "degrade Iran's ability to attack civilian mariners."
US Central Command has been providing more frequent updates throughout the day, as the conflict intensifies. "At 5 p.m. ET today, U.S. Central Command forces began launching more strikes against Iran to continue degrading...
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