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OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

OPEC+ is set to agree on Sunday a modest oil output hike, sources said, but the increase will remain largely on paper as long as the U.S.-Iran war continues to disrupt Gulf oil supplies.Seven OPEC+ countries have agreed to raise oil output targets by about 188,000 barrels per day in June, the third consecutive monthly increase, the sources said and a draft OPEC+ statement showed.The move is designed to show the group is ready to raise supplies once the war stops. It is also pressing on with plans to raise output targets despite the departure of the United Arab Emirates from the group this wee

US Secretary of State to travel to Vatican and Italy, newspapers report

China, Philippines trade accusations over South China Sea

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Cubans struggle to survive on pocket-size government ration books as products dwindle

José Luis Amate López hasn’t had a customer in almost two weeks, not counting the scrawny brown kitten that slinks around the bodega where he works in central Havana. The shelves once laden with goods during his childhood sat nearly empty in late April, with barely anything to offer the 5,000 clients who depend on the state-run store for subsidized food. Government ration books that once provided for a healthy diet and kept families fully fed for a month are now shrinking. As the economy collapses and prices soar, a growing number of Cubans find

Spain should get new seat on ECB board, outgoing VP says

Taiwan president defiant as begins Eswatini trip; China calls him a 'rat'

Inside the complex, secretive business of buying ube, the internet’s new favorite food

Jeffrey Cesari grew up eating ube, a purple yam native to the Philippines, whenever he visited his relatives there. But seven months ago, when he encountered it in a latte at a Turkish cafe, it suddenly sparked a business idea.The 31-year-old former auditor thought if people in Istanbul were drinking ube lattes, he could launch a similar product in his hometown of Paris. But in joining a growing global hunt for ube, whose signature violet hue has taken over social media in drinks, cakes, and other sweets, Cesari realized that the actual root vegetable was much more elusive, particularly in the

Motor racing-Miami F1 Grand Prix brought forward by three hours to beat storm threat

Peru's electoral board calls for audit of election results

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The Reds tie an MLB record by walking 7 straight batters in a 17-7 loss to the Pirates

The Cincinnati Reds issued a Major League Baseball record-tying seven straight walks during the second inning of a 17-7 loss to the Pittsburgh Pirates on Saturday. It was the third time in major league history that a team had walked that many batters consecutively — and the first time in more than four decades, according to the Elias Sports Bureau and Sportradar. Pittsburgh also was at bat when Atlanta walked seven straight in the third inning on May 25, 1983. The only other time it happened was on Aug. 28, 1909, when the Chicago White Sox issued seven straight b

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US bypasses congressional review for military sales of $8.6 billion to Middle East allies

U.S. President Donald Trump's administration has bypassed congressional review to approve military sales totaling over $8.6 billion to Middle Eastern allies Israel, Qatar, Kuwait and the United Arab Emirates.The State Department announcements on Friday came as the U.S. and Israel's war against Iran marked nine weeks since its start and more than three weeks since a fragile ceasefire came into effect.The State Department said U.S. Secretary of State Marco Rubio determined that an emergency existed that required immediate sales to those countries and waived the congressional review requireme

Trump says a Spirit bailout still is possible as doubts about the airline's survival mount

Gone are the days when California had a Republican governor – or are they?

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Breaking down video of the White House Correspondents’ Dinner shooting

A federal judge privately admonished prosecutors for attempting to grandstand Thursday at a detention hearing for the White House Correspondents’ Dinner gunman, according to a transcript first obtained by CNN.“I don’t know what’s going on here. I know that you want to present your case, I guess, to some audience other than the Court,” Magistrate Judge Moxila Upadhyaya told three prosecutors in the courtroom on Thursday out of earshot of the public and press. “I don’t want this to turn into a circus.”Upadhyaya’s comments highlight a dynamic that has arisen in the six days sinc

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Spirit Airlines shuts down

Spirit Airlines, the pioneering discount airline that shook up the budget travel business, is shutting down its operations.The company is in its second bankruptcy and was in serious financial trouble well before the Iran war sent jet fuel prices surging. America’s eighth-largest carrier tried to reach a deal with the Trump administration on an 11th-hour rescue package, but a key group of creditors balked at the proposal.Spirit is the first major US airline in 25 years to go out of business because of financial problems. Its demise has stranded thousands of passengers who have to adjust plans

Iran standoff could leave Trump worse off than before he went to war

Trump says US Navy acting 'like pirates' to carry out naval blockade of Iranian ports

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Airlines scramble to help stranded Spirit passengers after budget carrier collapses

Major airlines and the U.S. government scrambled to help stranded passengers and employees after bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war. The collapse overnight of the carrier following a doubling in jet fuel prices during the two-month-old Iran war will cost thousands of jobs. It is a blow to President Donald Trump, who had proposed $500 million to save Spirit despite opposition from some of his closest advisers and many Republicans in Congress.Spirit's demise highlights the unintended consequences of the

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Mexican governor and mayor indicted by US for drug trafficking step down

Two members of Mexican President Claudia Sheinbaum’s party in the northwestern Sinaloa state said they would temporarily step down from their posts after the United States charged them and eight other politicians and security officers with drug trafficking. The bombshell indictment against the 10 has shaken Mexico's political establishment. In a short video announcement at midnight on Friday, Gov. Rubén Rocha Moya, the highest-ranking official named in the indictment, denied accusations that he protected the Sinaloa cartel and helped it smuggle vast quantities

President Trump says he is reviewing a new Iranian proposal to end the war

After Spirit collapse, Duffy says no need for US budget airline bailout

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Trump flexes executive power with unprecedented flouting of lower court rulings

When a federal judge shot down a Trump administration policy of holding immigrants without bond last December, it seemed like a serious blow to the president's mass deportation effort. Instead, a top Justice Department official insisted the ruling wasn't binding, and the administration continued denying detainees around the country a chance for release. By February, the district court judge, Sunshine Sykes, was fed up. Sykes, a nominee of President Joe Biden, accused Trump officials in a ruling that month of seeking “to erode any semblance of separa

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Here’s how Berkshire Hathaway did in its first quarter without Warren Buffett as CEO

Berkshire Hathaway (BRK.B) on Saturday reported $11.35 billion in operating earnings and a record cash pile in the first quarter under CEO Greg Abel, the successor to famed investor Warren Buffett.Berkshire Hathaway’s massive cash pile rose to more than $397 billion in the first quarter, up from the $373 billion at the end of 2025. Operating earnings were up nearly 18% from last year, but fell short of estimates that Berkshire would earn $11.56 billion, according to FactSet data.Net income attributable to Berkshire shareholders in the first quarter rose to roughly $10.1 billion, more than do