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Hormuz choke point persists as Iran halts oil traffic despite Trump ceasefire

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The Strait of Hormuz remains effectively closed despite a ceasefire deal, with 800 tankers among 3,200 vessels backed up and mariners stranded.
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Bessent, Powell summon Wall Street CEOs for emergency meeting over Anthropic AI risks amid Pentagon dispute

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Treasury’s Bessent and Fed’s Powell reportedly called a flash meeting with Wall Street bank heads to warn of cybersecurity risks from Anthropic’s AI.
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Navy scraps Biden-era submarine contract as overhaul costs surge toward $3B

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The Navy is canceling the troubled USS Boise submarine overhaul after costs neared $3 billion, redirecting resources to newer Virginia-class submarines.
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WATCH: America250 backdrop topples near Shapiro, Revolutionary War reenactors

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A falling backdrop nearly hit Gov. Josh Shapiro and actors portraying Betsy Ross and Ben Franklin at Pennsylvania’s America250 concert announcement.
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