Author: Press Room

Officials say pirates have become emboldened as naval forces patrolling the Red Sea area are distracted by the blockade of the Strait of Hormuz and civilian maritime routes diverted.Published On 2 May 20262 May 2026Yemen’s Coast Guard has said that it is attempting to recover an oil tanker that was hijacked off the coast and is now heading towards Somalia.The “M/T Eureka” was seized off Yemen’s southeastern Shabwa province as armed assailants boarded and took control of the vessel, the coastguard said in a statement on Saturday. The hijackers then steered the tanker to the Gulf of Aden towards the…

NEWYou can now listen to Fox News articles! President Donald Trump’s effort to broadly pull U.S. troops from key NATO allies over resistance to the Iran war could run into new limits imposed by Congress, but the administration may have a way around them. Trump ordered the withdrawal of 5,000 troops from Germany Friday, a drawdown which will happen over the next six to 12 months, according to Pentagon spokesperson Sean Parnell. Lawmakers have restricted large-scale troop reductions in Europe below 76,000. But Trump still retains broad authority as commander in chief to move forces between countries, opening the door to shifting troops…

NEWYou can now listen to Fox News articles! A grand jury indicted a Salvadoran national residing in the U.S. illegally on federal assault charges Thursday after he allegedly rammed Immigration and Customs Enforcement (ICE) agents with his car.The federal grand jury returned the indictment for Carlos Ivan Mendoza Hernandez on Thursday, levying two charges of assaulting a federal officer with a deadly weapon and one count of destruction of government property, the U.S. Attorney for the Eastern District of California announced Friday.ICE agents shot Hernandez, a suspected gang member, in April after he allegedly refused to comply with law enforcement…

A Wall Street Journal investigation has found that World Liberty Financial, the Trump crypto venture, partnered with a virtual-currency company called AB whose key figures were sanctioned by the U.S. Treasury for alleged ties to a transnational pig butchering scam network that stole billions from Americans.The partnership, which enabled WLF’s USD1 stablecoin to operate on AB’s network, was announced less than a month after the October 14 sanctions. Chase Herro and Zachary Folkman, identified as central to WLF’s operational strategy, are now facing a DOJ Investigation into prior entities linked to the same fraud infrastructure.The question this story forces is…

Risk in the credit markets has received a lot of attention in 2026, from fears about private credit stress to the head of the nation’s biggest bank, JPMorgan CEO Jamie Dimon, warning this week — though not pointing to any specific current credit market signal — “We haven’t had a credit recession in so long, so when we have one, it would be worse than people think. It might be terrible.” Dimon isn’t the only Wall Street veteran worried about the longer-term outlook for the bond market. But as investors focus on the likely confirmation of a new Federal Reserve chair,…

5/2: Saturday Morning – CBS News Watch CBS News Spirit Airlines announced it will cease operations after failing to secure a federal bailout. Meanwhile, President Trump rejected Iran’s latest peace proposal.

NEWYou can now listen to Fox News articles! With all of the playoff basketball going on, it seems like I’ve forgotten all about baseball. However, that’s not the case. I’ve still been monitoring it, and we’ve collected some cash on the few bets I’ve put out on the game lately. Today, I have a really strong look at the game between the Reds and Pirates that takes place in Pittsburgh.The Reds are one of the best teams in baseball, which is not exactly something that I expected to write this season. They made the postseason last year, but considering the…

Prime Minister Mark Carney is headed to Armenia on Saturday for a visit his office says is framed around Ukraine’s defence and drumming up more trade and investment in Europe. Jean-François Ratelle, an international studies professor at the University of Ottawa who specializes in the Caucasus region, said it’s disappointing that the visit doesn’t seem to be aimed at continuing Canada’s years of advocacy for democracy and peace in Armenia.“We are witnessing a complete change of our foreign policy and what are our general interests,” Ratelle told The Canadian Press.“It’s looking for our own interests and our own opportunities, and…

Israeli air strikes on southern Lebanon have killed at least seven people and wounded others.

Ruben Rocha Moya again denies allegations he shielded cartel, says taking ‘temporary leave’ to defend self.The governor of Mexico’s Sinaloa state has temporarily resigned days after being charged by United States authorities in a sweeping drug trafficking indictment that has further strained relations between the two countries.In a brief video statement posted late Friday, Ruben Rocha Moya again denied any wrongdoing, but said he was taking “temporary leave” to defend himself against the US allegations.Recommended Stories list of 3 itemsend of listThe indictment unsealed by US prosecutors earlier this week claimed that Rocha Moya and nine other officials directly aided…