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The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

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The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

1

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

2

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

Energy

Energy

All things energy: oil, natural gas, renewable energy, electricity, and other sources of power.

Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states

Largest U.S. reservoir plummets to lowest level since it was filled some 90 years ago as water crisis deepens for western states

Water levels at Lake Mead hit 1,040.4 feet (317.1 meters) above sea level on Friday.

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China’s export engine is cooling—but high-tech demand isn’t.

China’s export engine is cooling—but high-tech demand isn’t.

By Elaine Kurtenbach and The Associated PressAugust 7, 2026

A view of commercial cargo vessels and crude oil tankers are anchored in the Gulf of Oman, off the coast of Muscat, Oman

Iran says agreement on Hormuz shipping reached with Oman

By Bloomberg and Eltaf NajafizadaAugust 7, 2026

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

By Jason MaAugust 7, 2026

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By Andrea Rodriguez and The Associated PressAugust 7, 2026

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The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

placeholder alt text

By Jason MaAugust 7, 2026

How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

placeholder alt text

By Eva RoytburgAugust 8, 2026

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner

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By Sydney LakeAugust 8, 2026

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