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Today: April 14, 2026
Today: April 14, 2026

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Political|US

Reps. Eric Swalwell and Tony Gonzales resign from Congress under threat of expulsion

Reps. Eric Swalwell and Tony Gonzales resigned from Congress Tuesday, moments before their House colleagues were prepared to set in motion their swift removal.The Democrat and Republican escaped the almost certain public embarrassment of an expulsion vote on the House floor. But while they narrowly avoided the most severe consequence possible for a member of Congress, they are still exiting their positions on Capitol Hill engulfed in separate scandals resulting in high-profile political free falls.The pair of resignations, the intentions of which were announced in quick succession Monday night
Reps. Eric Swalwell and Tony Gonzales resign from Congress under threat of expulsion
Political

Swalwell and Gonzales resign from Congress under threat of expulsion

Reps. Eric Swalwell and Tony Gonzales resigned from Congress Tuesday, moments before their House colleagues were prepared to set in motion their swift removal.The Democrat and Republican escaped the almost certain public embarrassment of an expulsion vote on the House floor. But while they narrowly avoided the most severe consequence possible for a member of Congress, they are still exiting their positions on Capitol Hill engulfed in separate scandals resulting in high-profile political free falls.The pair of resignations, the intentions of which were announced in quick succession Monday night
Swalwell and Gonzales resign from Congress under threat of expulsion
Business|Economy|World

7-Eleven expects to close hundreds of its stores in North America this year

Convenience chain 7-Eleven expects to close hundreds of its locations this year. According to earnings filings published last week, 7-Eleven's North American operator plans to close 645 stores in the 2026 fiscal year — outpacing the 205 locations it forecasts it will open during that same time. Seven & i Holdings Co., the Japan-based parent of the convenience chain, noted that these closures “include the conversion to wholesale fuel stores.” Financial documents show that 7-Eleven Inc. has steadily opened new wholesale fuel stores in North America over rec
7-Eleven expects to close hundreds of its stores in North America this year

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Trump tips DoorDash driver $100 for delivering McDonald's to Oval Office

President Donald Trump had two bags of McDonald’s delivered to the Oval Office on Monday by a DoorDash driver he tipped $100, using his favorite food and a reality TV flourish to promote a tax policy he says has meant big rebates for Americans who earn gratuities. Sharon Simmons, dressed in a "DoorDash Grandma” T-shirt, walked up to the Oval Office’s exterior door and knocked as media cameras rolled. Trump popped out and said, “Hello. Nice to see you,” before proclaiming, “Look at this!” and then, glancing toward a pack of nearby reporters, offering, “This doesn�
Trump tips DoorDash driver $100 for delivering McDonald's to Oval Office
Election|Finance|Political|US

Olivia Troye, former Pence adviser turned Trump critic, launches Democratic bid for US House from Virginia

Olivia Troye, a former adviser to Vice President Mike Pence, announced Tuesday that she would run for Congress as a Democrat in Virginia’s proposed new 7th District, pending passage of a sweeping redistricting referendum this month.Troye publicly broke with the Republican Party in 2020 after serving in political and national security roles, signing onto a letter with more than 130 fellow GOP officials endorsing Joe Biden’s campaign and arguing that “Donald Trump has failed our country.”In the years since, Troye has emerged as an outspoken critic of the Republican Party under Trump. She
Africa|Asia|Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation

The Iran war has stalled the world's economic momentum this year, likely pushing growth lower compared to 2025, the International Monetary Fund warned Tuesday. The IMF downgraded its forecast for global growth to 3.1% in 2026 from the 3.3% it had forecast back in January. The expected growth would mark a deceleration from a 3.4% expansion in 2025. U.S. and Israeli strikes on Iran — and Tehran's closing of the Strait of Hormuz and retaliatory strikes on oil refineries and other energy infrastructure in neighboring countries — have driven oil and gas prices sharp
Citing fallout from the Iran war, IMF cuts the outlook for global growth, expects higher inflation
Crime|Political|US

Embattled GOP Rep. Tony Gonzales announces he’s stepping down from Congress

Embattled Republican Rep. Tony Gonzales announced Monday that he would step down from Congress, just days before he faced the possibility of a high-stakes vote that could have made him the seventh member to ever be expelled from the House.The Texas Republican said he planned to “file my retirement from office” on Tuesday, which GOP leadership sources confirmed to CNN meant that he would resign. Gonzales had been under investigation by the House Ethics Committee for having a relationship with a former senior aide in his congressional office.It was not immediately clear when the resignation

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Wholesale inflation rose in March to three year-high

Fast-rising oil prices sent US businesses’ costs higher in March, lifting wholesale inflation to 4%, the highest annual rate in three years, according to Bureau of Labor Statistics data released Tuesday.The Producer Price Index, which measures the average change in prices received by producers of goods and services, rose 0.5% from February, the same pace seen the month before. A 15.7% rise in gasoline prices accounted for nearly half of last month’s increase.“The quickening can be attributed to energy inflation, or the oil shock associated with the war in Iran; but wholesale inflation wa
Wholesale inflation rose in March to three year-high
Europe|Political|World

British leader’s complacency on defense puts country ‘in peril,’ former NATO chief warns

It’s not just the US President Donald Trump criticizing the British prime minister for being weak on defense. On Tuesday his own adviser George Robertson joined in, accusing Keir Starmer of a “corrosive complacency” that puts the United Kingdom “in peril.”Speaking to the Financial Times Robertson, a former NATO chief, said there was a gap between Starmer’s rhetoric and his actions. He said the prime minister was unwilling to make the necessary investment to keep the UK safe, choosing instead to put money into “ever expanding welfare budget.”Robertson is a key government adviser
Business|Economy|Environment|Political|World

Economists are putting a price on the Iran war fallout in Asia. It doesn’t look good.

The fallout of the US and Israel’s war with Iran is poised to cost the Asia-Pacific economy hundreds of billions of dollars and plunge millions into poverty, a United Nations report said Tuesday.Military escalation in the Middle East could cause output losses of between $97 billion and $299 billion in the Asia Pacific, due to rising costs for transportation, electricity and food, according to an estimate from the United Nations Development Programme.That would equal about 0.3% to 0.8% of regional GDP, the report said. The UNDP also predicted that the war puts 32 million people at risk of fal
Economists are putting a price on the Iran war fallout in Asia. It doesn’t look good.
Business|Economy|Finance|Political|Stock Markets|World

Wall Street rallies to the edge of its all-time high as oil prices ease

U.S. stocks rallied to the edge of an all-time high Tuesday, and oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war and avoid a worst-case scenario for the global economy. The S&P 500 added 1.2% to its leap from the day before, and the index at the heart of many 401(k) accounts is just 0.2% below its record set in January. The Dow Jones Industrial Average rose 317 points, or 0.7%, and the Nasdaq composite climbed 2%. They followed gains for stock markets worldwide as diplomats worked through back channels

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Business|Economy|Political

Confirmation hearing set for Trump’s Fed chair nominee

Confirmation hearing set for Trump’s Fed chair nominee
Political

Swalwell and Gonzales resign from Congress under threat of expulsion

Swalwell and Gonzales resign from Congress under threat of expulsion

Political

Early voting points to an edge for Virginia Democrats trying to enact a US House map that could flip four seats

Early voting points to an edge for Virginia Democrats trying to enact a US House map that could flip four seats

Europe|Political|Travel|World

Pope Leo reacts to Trump comments

Pope Leo reacts to Trump comments
Business|Economy|World

Oil prices jump on US plans to blockade Iranian ports in Strait of Hormuz

Oil prices jump on US plans to blockade Iranian ports in Strait of Hormuz

Americas|Crime|Europe|MidEast|Political|World

Pope Leo responds to Trump's criticism

Pope Leo XIV responded to criticism from President Trump and defended his position of seeking peace and opposing violence amid the war in Iran.

Arts|Business|Celebrity|Economy|Entertainment

Hollywood heavyweights voice 'unequivocal opposition' to Paramount-Warner merger in open letter

Hollywood heavyweights voice 'unequivocal opposition' to Paramount-Warner merger in open letter
Economy|Europe|Political|World

Who is Péter Magyar, the candidate who ousted Hungary’s Orbán?

Who is Péter Magyar, the candidate who ousted Hungary’s Orbán?

Business|Economy|Political|World

Oil prices rise after Trump threatens to block passage through Strait of Hormuz

Oil prices rise after Trump threatens to block passage through Strait of Hormuz

Business|Economy|Environment|Lifestyle

Commercial salmon fishing to open in California for the first time since 2022 as population rebounds

Waters off the coast of California will soon be open to commercial salmon fishing for the first time since 2022