U.S. Consumer Prices Rise Amid Iran Energy Turmoil

 

Washington — The U.S. Labor Department reported Tuesday that consumer prices rose 3.8% year‑over‑year in April 2025 and climbed 0.6% from March as gasoline prices surged 5.4% for the month amid the 10‑week war with Iran. Labor Department figures showed gasoline up more than 28% compared with a year earlier,...

Trump Announces Talks With Cuba Amid Sanctions, Shortages

 

WASHINGTON on May 12 — President Donald Trump announced that the United States will hold talks with Cuba after posting on Truth Social that 'Cuba is asking for help, and we are going to talk.' He described Cuba as 'a failed country' and provided no further details while preparing to...

Israel alleges Pakistan-based AI bots target Americans

 

In a recent CBS 60 Minutes interview aired this week, Israeli Prime Minister Benjamin Netanyahu claimed that Pakistan is serving as a key hub for large-scale, AI-driven bot farms seeking to influence U.S. public opinion about Israel. Netanyahu said Israeli intelligence, in cooperation with private cybersecurity firms, traced coordinated social...

Omaha Primary Centers on Nebraska's Crucial 'Blue Dot'

 

Omaha — Democratic voters held a divisive primary Tuesday to select a nominee for Nebraska's 2nd Congressional District after Republican Rep. Don Bacon announced his retirement, with state Sen. John Cavanaugh, activist Denise Powell and district court clerk Crystal Rhoades emerging as the leading contenders in a contest focused on...

Washington investigates $2.5 billion Nvidia chip smuggling

 

U.S. authorities are investigating an alleged $2.5 billion smuggling ring that prosecutors say funneled restricted Nvidia artificial intelligence chips into China in violation of export controls. The Department of Justice and the Department of Commerce are focusing on OBON Corp, a Bangkok-based company accused of running a “shadow supply chain”...

Regional Forecast: Heat Returns Across Multiple U.S. Regions

 

United States — National Weather Service offices in North Carolina, Wyoming and northern California forecast rising temperatures this week, with midweek highs near 90°F in parts of central Wyoming and northern California and a heat surge expected across the Carolinas by this weekend; Tuesday through Friday remain mild to warm...

Multiple Corporates Report Quarterly Results, Mixed Market Reactions

 

Baltimore and other U.S. cities on Tuesday saw corporate quarterly releases as Under Armour reported a $43.4 million fiscal fourth-quarter loss and provided full-year guidance, while Alliance Laundry, Vestis and Aramark reported quarterly profits and revenue figures. Each report listed EPS, adjusted EPS, and revenue metrics tied to analyst estimates. The...

Multiple companies report stronger-than-expected Q1 earnings this week

 

ARLINGTON, Va. Venture Global Inc. reported first-quarter profit of $556 million on Tuesday, or $0.19 per share, and generated $4.6 billion in revenue. The Arlington-based exporter of liquid natural gas said the results surpassed Wall Street expectations: the average earnings estimate of seven analysts surveyed by Zacks Investment Research was...

Cavaliers rally past Pistons in overtime, lead series

 

DETROIT - The Cleveland Cavaliers rallied past the Detroit Pistons 117-113 in overtime on Wednesday night, erasing a late nine-point deficit to seize a 3-2 lead in the Eastern Conference semifinal series. James Harden scored 30 points and Donovan Mitchell added 21 as Cleveland completed the comeback at Little Caesars...

Rain Clearing, Heat Rising Across Gulf To Midwest

 

Baton Rouge: After overnight and early-morning downpours, local weather teams reported rain exiting Tuesday across the Gulf Coast and parts of the Midwest, with scattered showers persisting into the morning commute and skies clearing into the afternoon as high pressure builds and temperatures rise into the 70s and low 80s. Mobile...