Opinion

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U.S. Department of the Treasury

Oil up, but stocks hold near-record highs as AI optimism trumps Iran tensions

Global stocks held near record highs on Monday even as oil prices climbed on renewed U.S.-Iran tensions, with AI optimism helping offset geopolitical worries.

Police stand behind their shields as they prepare to clash with protesters outside the Delaney Hall detention center during a protest against the transfer of detainees and federal immigration policies on Saturday, May 30, 2026, in Newark, N.J. (AP Photo/Andres Kudacki)

Protests continue under curfew near Newark ICE facility after weekend clashes

Newark kept a nightly curfew in place around Delaney Hall after weekend clashes outside the ICE detention facility, with officials citing public safety and renewed unrest continuing into Monday.

Climate Prediction Center - Atlantic Hurricane Outlook

Today is the 1st day of the 2026 Atlantic hurricane season

June 1 marks the start of the 2026 Atlantic hurricane season, and NOAA’s preseason outlook calls for a below-normal season with 8 to 14 named storms, 3 to 6 hurricanes and 1 to 3 major hurricanes.

The John F. Kennedy Center for the Performing Arts is seen, Friday, May 29, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)

Judge Orders Trump’s Name Removed From Kennedy Center, Blocks Planned Closure

A federal judge ordered Donald Trump’s name removed from the Kennedy Center and blocked a planned closure for renovations, setting up an appeal and fresh uncertainty over the institution’s future.

Attorney General Bonta Issues Consumer Alert on Price Gouging Following State of Emergency Declaration in Orange County Due to Chemical Incident

Criminal investigation expands into OC chemical tank crisis

Orange County prosecutors have widened their criminal probe into the Garden Grove GKN Aerospace chemical tank crisis to include possible price gouging and predatory attorney practices, while ordering records preserved.

Freeman K. Johnson, a 106-year-old Pearl Harbor survivor, listens to a question during an interview at his home, May 6, 2026, in Centerville, Mass. (AP Photo/Charles Krupa)

Oldest Pearl Harbor survivor is keeping memory of the surprise bombing alive at 106

Freeman Johnson, a 106-year-old Massachusetts resident and Pearl Harbor survivor, is being remembered for helping keep the history of the attack alive as the eyewitness generation fades.

Juvenile boy in custody after threat reported at Plainfield school

Will County authorities said a juvenile boy was taken into custody Friday after a threat tied to a Plainfield-area school. Officials said there is no threat to the public and that school facilities took precautionary measures during the investigation.

Football charity trustees "let down players" after £2.5m is recovered by regulator

Football charity report finds mismanagement and orders trustee ban

The Charity Commission has published a report finding serious mismanagement at The Players Foundation, including improper transfers to the PFA and free use of charity property. It said about £2.5m was recovered during the inquiry and trustee Darren Wilson was banned for four years.

Texas Attorney General

Texas attorney general opens investigation into SPLC funding of extremist groups

Texas Attorney General Ken Paxton says his office has opened a civil investigation into the Southern Poverty Law Center’s fundraising and whether it misled donors about funding violent extremist groups.

Man shot, killed in Philadelphia's Kensington section

Investigation underway after man killed in hail of gunfire in Kensington

Philadelphia police are investigating a fatal shooting near Kensington Avenue and East Clearfield Street after a man was struck multiple times, taken to a hospital and later pronounced dead. Investigators recovered at least 15 shell casings and have not made any arrests.

Company/partner announcement on the proposed onchain yield fund

Galaxy Digital and SharpLink plan $125M institutional onchain yield fund

Galaxy Digital and SharpLink are planning an institutional onchain yield fund with $125 million in commitments, according to company materials and Reuters reporting. The proposal would use SharpLink’s Ethereum treasury as the initial anchor asset, but it has not yet been confirmed as a completed launch.

Trump administration aims broad censorship campaign at Disney, FCC commissioner says

Democratic FCC commissioner tells Disney it is the target of a 'censorship' campaign

FCC Commissioner Anna M. Gomez has accused the Trump administration and FCC leadership of running a coordinated campaign of censorship and control against Disney and ABC. The dispute centers on recent agency scrutiny of ABC stations and broader concerns over broadcaster independence.

A person walks over the Ohio State University's emblem in the campus student union, May 18, 2019, in Columbus, Ohio. (AP Photo/John Minchillo, File)

More than a dozen former NFL players join sex abuse lawsuits against Ohio State University

Thirty former Ohio State football players, including more than a dozen former NFL players, are joining a federal lawsuit over alleged sexual abuse by Richard Strauss.

Trump pardon recipients face congressional investigation over "pay-to-play" questions

Democratic lawmakers launch probe on some Trump pardon recipients, process

House and Senate Democrats have opened an inquiry into whether some Trump pardons and commutations were influenced by pay-to-play dynamics, sending letters to more than a dozen recipients.

Microsoft and OpenAI joint statement on continuing partnership

Markets Trade a Peace Dividend While AI Builds a Debt Fueled Empire

A Reuters-reported rally driven by oil’s retreat and tech strength is colliding with a longer-running AI spending boom that is increasingly financed with debt and outside capital.

Body found in Portland roadway

Investigation launched after man’s body found in street in Portland

Police in Portland are investigating after a man’s body was found in the street on Elm Street near Oxford Street. Officials say there is no known threat to the public.

Stocks gain and oil slides after Iran peace deal report

Stocks gain and oil slides after Iran peace deal report

Stocks rose and oil fell after reports of a possible U.S.-Iran memorandum, even though the deal has not been confirmed.

Japan-U.S. Finance Ministerial Meeting (April 15, 2026)

Could USD/JPY Break the 155 Handle?

USD/JPY is testing the 155 level as traders weigh intervention speculation, softer dollar sentiment and Middle East headlines.

S&P 500 and Nasdaq notch records as AI chip stocks surge

S&P 500 Hits Record Highs on AI-Led Rally

The S&P 500 closed at a record high on May 5, with AI-related stocks and semiconductors helping lift the broader market.

Threat Actors Use Swatting to Target Victims Nationwide

FBI investigating swatting calls targeting schools across the Philadelphia region

FBI Philadelphia is investigating a series of swatting and hoax threat calls that hit schools across the Philadelphia region and prompted emergency responses.

Oil rises as US-Iran deal remains elusive

WTI Crude Oil: Up on May 4

WTI crude rose on May 4, with Reuters reporting it up about 0.6% to $102.59 and later about 1% to $102.94 a barrel. The move came as traders watched Strait of Hormuz risk and U.S. efforts to support shipping through the waterway.

Oil rises as US-Iran deal remains elusive

Morning Market Setup: Tech-led close, tariffs, and oil risk

Markets head into the next session with U.S. stock futures mixed, oil prices elevated and trade tensions rising again after Washington said it would move forward with EU car tariff hikes. The prior session ended with tech strength and record highs in the S&P 500 and Nasdaq.

Ukrainian police raid dozens of draft officials over suspected corruption

Ukrainian police raid dozens of draft officials over suspected corruption

Ukrainian police carried out dozens of searches across 16 regions targeting current and former draft officials suspected of corruption-related offenses. Police say they seized money, cars and motorcycles and filed more than 150 administrative charges.

TODAY

TODAY podcast features Jenna Bush Hager's conversation with Queen Camilla

The TODAY podcast released a new episode featuring Jenna Bush Hager's conversation with Queen Camilla during the royal couple's U.S. state visit.

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