US, Iran receive draft ceasefire proposal: Reports

Oil and gas prices could see little to no movement in the event of an Iran ceasefire unless the Strait of Hormuz is open and proves stable, experts say, as reports of a Middle East ceasefire swirl. “A cease-fire itself would do little or nothing to impact oil prices directly, unless it directly and clearly […]

The Supreme Court tossed an appeals court ruling that upheld the conviction of Trump ally Steve Bannon on Monday, paving the way for the contempt case against him to be dismissed. Bannon was convicted in federal court in 2022 for defying a subpoena issued by the now-defunct House Jan. 6 committee, and he ultimately served […]

JPMorgan Chase CEO Jamie Dimon is warning that the Iran war could lead to prolonged inflation and higher interest rates that ultimately could tip the U.S. economy into a recession. “The skunk at the party — and it could happen in 2026 — would be inflation slowly going up, as opposed to slowly going down....

The California congressman discusses the Iran war, unchecked executive power, California’s wealth tax debate, and the search for a shared American identity.