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Hormuz closure threatens the global food supply – why grocery price hikes are coming

The global energy crisis caused by the closure of the Strait of Hormuz is only the beginning of the economic cost of the war with Iran. I study how institutions affect businesses and supply chains, and I expect food prices to rise next, with high prices lasting even after whatever point hostilities end. Along with about 20% of the world’s crude oil trade and a similar share of the world’s liquefied natural gas shipments, shipping traffic through the strait also carries roughly a third of internationally traded fertilizer, which is key to bountiful crops around the world. Modern agricu

ICE agent allegedly rams immigrant's vehicle, leaving him injured

Key Fed official sees possible rate hike amid higher gas prices, inflation concerns

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JPMorgan CEO Dimon: Iran war could reignite inflation and keep Fed rates higher for longer

JPMorgan Chase CEO Jamie Dimon warned in his annual shareholder letter that a “resilient” U.S. economy could face renewed inflation pressures if the war in Iran disrupts global energy markets. Dimon described inflation as the potential “skunk at the party” this year, cautioning that turmoil in oil and commodity markets could ripple through the economy, affecting everything from gasoline prices to manufacturing costs. He also warned that sustained inflation could force the Federal Reserve to keep interest rates higher for longer, posing risks to the broader economy and fi

2 US lawmakers visiting Cuba denounce island's 'economic bombing' under energy blockade

Samsung is discontinuing its texting app, tells impacted users to switch to Google Messages

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Shield of Sisters aids military sexual trauma survivors at Fort Hood and beyond

KILLEEN, Texas (KXXV) -- For many survivors of sexual assault and military sexual trauma, it can be a long road to healing. During Sexual Assault Awareness Month and every month, the nonprofit Shield of Sisters is working to help by raising awareness and providing support and resources for survivors.This includes women impacted by a former Fort Hood doctor accused of secretly recording his patients. The Army notified thousands of women who were previously under the care of ex-Fort Hood doctor Blaine McGraw about the criminal investigation into him. McGraw was suspended

Family fights state over oil leaking into their home

Tampa Bay marinas, boaters feeling gas price pains

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Voters in Georgia have moved on from Marjorie Taylor Greene. On Tuesday, they finally fill her seat

Finally, Marjorie Taylor Greene’s seat will be filled in Congress.Three months after Greene abruptly left Washington in the midst of a remarkably bitter feud with President Donald Trump, voters in northwest Georgia on Tuesday are poised to cast their ballots — again — in a runoff election to replace her.Republican Clay Fuller, a former district attorney, and Democrat Shawn Harris, a retired Army officer, emerged as the top two contenders from a crowded special election March 10. They have been locked in a head-to-head battle for the last month that will be resolved Tuesday.Republicans ar

Crime|Political|US

‘They’ve lost the jury pool’: Jeanine Pirro’s office is struggling to win trials this year

The DC US attorney’s office under Jeanine Pirro has had an unusually low win rate in trials in Washington’s federal district court this year, at a moment when the White House has been clamoring for President Donald Trump’s Justice Department to deliver on prosecutions.In its first eight criminal trials this year, the DC US attorney’s office has won only half of them — far below the national average.The dicey record appears to stem from several issues in court, including a jury pool that has lost trust in the Trump administration, the FBI and the Justice Department, according to rough

Trump endorses Republican Steve Hilton in California governor’s race

Iran rejects temporary ceasefire proposal: What we know about the war, now in its 6th week

Oil prices climb after Trump threatens Iran over Strait of Hormuz

Oil prices pushed higher Sunday after President Donald Trump threatened to strike Iranian energy facilities if the Strait of Hormuz is not reopened.Brent crude, the global benchmark, rose 1.4% to $110.60. US crude rose 1.8% to $113.60.“Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the Fuckin’ Strait, you crazy bastards, or you’ll be living in Hell - JUST WATCH!” Trump posted to Truth Social on Sunday morning.A senior Iranian official responded Sunday that the strait won’t be reopened until the country is “full

Savannah Guthrie returns to 'Today' anchor desk for first time since mother's disappearance

Savannah Guthrie was back and almost all business at NBC's “Today” show anchor desk on Monday, marking a return for the first time in more than two months since her mother's disappearance. “Here we go, ready or not," Guthrie said as the show opened. “Let’s do the news.” After running through a series of news headlines, Guthrie said that “we are so glad that you started our week with us and it's good to be home.” Her co-host, Craig Melvin said that “it's good to have you back at home.” She greeted longtime co-worker Al Roker with “Good morning,

Missing service member rescued by US forces after jet downed in Iran, Trump announces

‘It’s good to be home’: Savannah Guthrie returns to ‘Today’ show as search for mom continues

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Pressure mounts on Ye to be pulled from his headline role at a summer festival in London

Pressure was mounting Sunday on American rapper Ye to be pulled from his headline role at a London music festival this summer, after criticism from U.K. Prime Minister Keir Starmer. Pepsi already has withdrawn its lead sponsorship role of the Wireless Festival at Finsbury Park in north London between July 10-12. Other sponsors of the event, including Budweiser and PayPal, are being urged to follow suit. Pepsi didn't provide an explicit reason for its decision to pull out of the event, even though publicity for the festival promoted the event under the branding �

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Iran rejects latest ceasefire proposal as Trump's deadline approaches

Iran on Monday rejected a 45-day ceasefire proposal and said it wants a permanent end to the war, while President Donald Trump appeared to widen his threat from civilian targets to the whole Islamic Republic and his ultimatum ticked closer. “The entire country can be taken out in one night, and that night might be tomorrow night,” Trump told a news conference at the White House. He has called his Tuesday 8 p.m. deadline for Iran to make a deal final. The U.S. stepped up threats against Iran to open the Strait of Hormuz or face a barrage of attacks on civilian t

A freakishly dry spring is literally changing the landscape in Colorado

As 4 astronauts aim to make history at the moon, Trump recommends slashing NASA’s budget

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Priced out by the ‘escalating insanity’ of life in California, she moved to rural France for a tranquil new life

During a storm in a quiet village in southern France, artist MB Boissonnault couldn’t stop herself crying as years of stress from living in Los Angeles finally began to surface. As the rain fell, she says she saw a ball of light moving toward her.“It was not a hallucination, or drugs, or French wine,” she recalls. “It was a vision.”For Boissonnault, 57, the moment felt like a message, that this ancient place, far from the noise and pressure of Venice Beach, California, was where she was meant to be.A year later, priced out of her rented home and studios and exhausted by what she desc

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Alleged explosives find near gas pipeline raises heat days before Hungary’s pivotal election

Hungary and Ukraine are again trading accusations after two backpacks containing explosives were allegedly found by a gas pipeline near the Hungarian border, days before the country’s election.The devices were found in northern Serbia on Sunday, according to Serbian President Aleksandar Vučić, close to the pipeline that carries Russian gas to Hungary.In posts on social media, Hungarian officials sought to link Ukraine to the incident.“Just a series of coincidences,” wrote Balázs Orbán, a senior official in Prime Minister Viktor Orbán’s office, before listing the pipeline incident,