Venezuela on Wednesday said its Navy and Air Force would escort Iranian tankers arriving with much needed fuel, after Tehran warned of “consequences” if the U.S. stopped the ships from reaching their destination. “We’re ready for whatever, whenever,” President Nicolas Maduro told state-run media, thanking “all the support” from itsContinue Reading

Sectors of the U.S. economy are starting to show signs of a rebound, with more retailers reporting strong quarterly sales and weekly mortgage applications pointing to a remarkable recovery in the housing market. Wall Street later Wednesday gets a more detailed look at the Federal Reserve’s most recent decision, with theContinue Reading

Dr. Anthony Fauci (R), director of the National Institute of Allergy and Infectious Diseases, looks on as U.S. President Donald Trump delivers remarks about coronavirus vaccine development in the Rose Garden of the White House on May 15, 2020 in Washington, DC. Drew Angerer | Getty Images President Donald TrumpContinue Reading

WASHINGTON: US President Donald Trump on Thursday threatened to cut off ties with China in response to its role in spreading the coronavirus pandemic as relations between the two largest economies in the world went into a tailspin following a raft of punitive measures by Washington and counter-threats by Beijing.Continue Reading