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U.S. allows Russia oil sales waiver to expire despite tight market
U.S. allows Russia oil sales waiver to expire despite tight market

The expiration effectively ends for now a brief period where the administration eased sanctions on some Russian oil, enabling purchases that would otherwise be barred.

By Jennifer A. Dlouhy and BloombergMay 16, 2026
U.S., Iran stall on Hormuz reopening as oil supplies tighten
U.S., Iran stall on Hormuz reopening as oil supplies tighten
By Skylar Woodhouse, Jeff Mason, Arsalan Shahla and BloombergMay 16, 2026
Former top Russian official admits the country is over Putin and can ‘imagine a future without him’ — even elites bail as Kremlin seizes their assets 
Former top Russian official admits the country is over Putin and can ‘imagine a future without him’ — even elites bail as Kremlin seizes their assets 
By Jason MaMay 16, 2026
Ray Dalio says China’s ascent ushers in era of ‘tribute system’
Ray Dalio says China’s ascent ushers in era of ‘tribute system’
By David Westin, Edward Dufner and BloombergMay 16, 2026
Trump’s IRS suit may end with a $1.7 billion compensation fund
Trump’s IRS suit may end with a $1.7 billion compensation fund
By Zoe Tillman, Chris Strohm, Hadriana Lowenkron and BloombergMay 16, 2026
World’s largest aircraft carrier returns from 11-month deployment, longest since Vietnam, after supporting Iran war and Maduro raid
World’s largest aircraft carrier returns from 11-month deployment, longest since Vietnam, after supporting Iran war and Maduro raid
By The Associated PressMay 16, 2026
Latest Stories
AI poised to tilt job market leverage toward older workers
AIAI poised to tilt job market leverage toward older workers
By Victor Swezey and BloombergMay 16, 2026
Oil markets could be a month away from the moment of truth. Brace for a ‘non-linear’ price spike and panic buying, analysts warn
EnergyOil markets could be a month away from the moment of truth. Brace for a ‘non-linear’ price spike and panic buying, analysts warn
By Jason MaMay 16, 2026
SpaceX heads into a record-shattering IPO with the ‘deepest moat that exists today’ as investors vow to ‘never bet against Elon’
InnovationSpaceX heads into a record-shattering IPO with the ‘deepest moat that exists today’ as investors vow to ‘never bet against Elon’
By Jason MaMay 16, 2026
tarot
AIWe talked to 12 tarot card readers who are using AI. They split in 2 camps, with big implications for the technology
By Ziv Epstein, Farnaz Jahanbakhsh, Vana Goblot and The ConversationMay 16, 2026
trump
PoliticsTrump voter remorse is almost entirely concentrated in the swing voters who gave him a shot in 2024
By Tatishe Nteta, Adam Eichen, Jesse Rhodes and The ConversationMay 16, 2026
yale
LawDOJ accuses Yale of discriminating against Asian, white students with ‘race-based admissions program’
By Dave Collins and The Associated PressMay 16, 2026
hoeg
HealthRFK ally confirms she was fired by FDA: ‘I learned so much and leave with no regrets’
By Matthew Perrone and The Associated PressMay 16, 2026
lirr
EconomySpring Hamptons traffic nightmare as Long Island Rail Road workers go on strike
By Philip Marcelo, Nick Lichtenberg and The Associated PressMay 16, 2026
More Politics
iran
PoliticsIran foreign minister on dealings with Trump: ‘We are in doubt about their seriousness’
By Sheikh Saaliq, Adam Schreck and The Associated PressMay 16, 2026
  • arcadia
    LawMayor of a city about 13 miles from Los Angeles pleads guilty to spying for China
    By Jaimie Ding and The Associated PressMay 12, 2026
milei
North AmericaArgentinians wage inflation strike on red meat sending beef consumption to 20-year low
By Clara Preve and The Associated PressMay 16, 2026
olivier
CommentaryI’ve been studying Big Tech for a long time. What just happened with Anthropic and the Pentagon terrifies me
By Olivier SylvainMay 16, 2026
greg
Personal FinanceMamdani’s New York is coming to tax your private jet. Here’s how to prepare
By Greg RaiffMay 16, 2026
new mexico
North AmericaNew Mexico is raking in oil profits from Iran War, gaining $59 million for every $1 added to the price of a barrel
By Morgan Lee and The Associated PressMay 15, 2026
boeing
LawJury awards $49.5 million to family of 24-year-old who died in Boeing 737 Max crash in 2019
By Rio Yamat and The Associated PressMay 15, 2026
  • robot
    AIThis South Korean hotel worker is training a robot to fold a banquet napkin: ‘I’ve been doing this about once a month’
    By Kim Tong-Hyung and The Associated PressMay 12, 2026
ratcliffe
PoliticsCIA director traveled to Cuba and met with Raul Castro’s grandson, officials confirm
By Andrea Rodriguez, Eric Tucker and The Associated PressMay 15, 2026
leo
EuropePope Leo warns of ‘spiral of annihilation’ as AI warfare leads to symphony of destruction
By Nicole Winfield, Paolo Santalucia and The Associated PressMay 15, 2026
osborn
PoliticsDemocrats are looking for conservative versions of Bernie Sanders in states like Nebraska and Alaska
By Steve Peoples, Mike Catalini and The Associated PressMay 15, 2026
krishna
CommentaryThe U.S. has 1,200 AI bills and no good test for any of them
By Jeffrey Sonnenfeld, Gary Marcus and Stephen HenriquesMay 15, 2026
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
LawPayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
By Kristen Parisi and HR BrewMay 14, 2026
  • starmer
    PoliticsKeir Starmer’s deputies are starting to quit. Some are urging him to ‘do the right thing for the country’
    By Brian Melley, Pan Pylas and The Associated PressMay 12, 2026
Senators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown
PoliticsSenators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown
By The Associated Press, Joey Cappelletti and Mary Clare JalonickMay 14, 2026
starmer
PoliticsStarmer sees open rebellion break out, challenge incoming from former Health Secretary
By Danica Kirka, Brian Melley, Pan Pylas and The Associated PressMay 14, 2026
trump
AsiaTrump tells Xi, ‘It’s an honor to be your friend.’ Xi responds by talking about Taiwan
By Will Weissert, Aamer Madhani and The Associated PressMay 14, 2026
Wall Street no longer believes Kevin Warsh can do what President Trump wants
EconomyWall Street no longer believes Kevin Warsh can do what President Trump wants
By Jim EdwardsMay 14, 2026
trump
CommentaryThe deficit just grew by $955 billion in 7 months. It’s time for a constitutional fix to control the budget
By Steve H. Hanke and David M. WalkerMay 14, 2026
Photo: Elevate Jet CEO Greg Raiff
EnergyThe airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
By Jim EdwardsMay 14, 2026
Sens. Tim Scott (R-S.C.) and Elizabeth Warren (D-Mass.) whisper to each other during a Senate committee meeting
CryptoThe crypto industry’s Clarity Act hits a critical juncture: Where things stand going into Senate markup
By Jack KubinecMay 13, 2026
America’s data centers are thirsty. Rural towns are paying the price—from tanked water pressure to stolen desert groundwater
EnvironmentAmerica’s data centers are thirsty. Rural towns are paying the price—from tanked water pressure to stolen desert groundwater
By Catherina GioinoMay 13, 2026
spencer
PoliticsLos Angeles may have its own Zohran in the form of ex-reality star Spencer Pratt
By Jonathan J. Cooper and The Associated PressMay 13, 2026
charles
PoliticsKing Charles lays out government agenda as Starmer fights for survival: ‘absolutely preposterous’
By Pan Pylas, Danica Kirka and The Associated PressMay 13, 2026
malaysia
EnergyMalaysia is shocked, shocked to find Iranian-linked tankers slipping through its waters
By Eileen Ng and The Associated PressMay 13, 2026
trump
AsiaTrump asks Xi to ‘open up’ China so that ‘brilliant people can work their magic’
By Aamer Madhani, Will Weissert, Josh Boak and The Associated PressMay 13, 2026
President Donald Trump pictured in front of an American flag.
EconomyNational debt fears are where Democrats and Republicans are most aligned—more so than on inflation, healthcare, or even the jobs market
By Tristan BoveMay 13, 2026
Targeted by Trump, Soros’ foundation answers with a $30 million bet on fighting antisemitism—and Islamophobia
PoliticsTargeted by Trump, Soros’ foundation answers with a $30 million bet on fighting antisemitism—and Islamophobia
By James Pollard and The Associated PressMay 13, 2026
White House names former prison executive to become ICE acting leader
PoliticsWhite House names former prison executive to become ICE acting leader
By The Associated PressMay 13, 2026
frazier
CommentaryYour grandma should be using AI. really
By Kevin FrazierMay 13, 2026
Activists display banners referring to the shutting down of existing oil pipelines in the northern United States in Washington, DC on April 1, 2021 one block from the White House. (Photo by Daniel SLIM / AFP) (Photo by DANIEL SLIM/AFP via Getty Images)
EnergyFrankenpipelines: Inside Trump’s bid to resurrect Keystone XL and stretch Dakota Access north
By Jordan BlumMay 13, 2026
Musk stands with his arms cross next to Trump who sits a table.
PoliticsElon Musk, Tim Cook and Larry Fink expected to join Trump’s entourage to Beijing this week
By Michelle Chapman and The Associated PressMay 12, 2026
cam
PoliticsCameron Hamilton, fired by Trump for defending FEMA’s right to exist, tapped to lead FEMA by Trump
By Gabriela Aoun Angueira and The Associated PressMay 12, 2026
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AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AIplaceholder alt text
By Jake AngeloMay 16, 2026
Politics
Former top Russian official admits the country is over Putin and can 'imagine a future without him' — even elites bail as Kremlin seizes their assets placeholder alt text
By Jason MaMay 16, 2026
Future of Work
Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisisplaceholder alt text
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