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New Mexico is raking in oil profits from Iran War, gaining $59 million for every $1 added to the price of a barrel

“It’s hard for people to think about, ‘Oh great, we have this windfall,’ and children are getting killed on the other side of the world.”

By Morgan Lee and The Associated PressMay 15, 2026
boeing
Jury 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
ratcliffe
CIA 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
Pope 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
Democrats 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
The 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
Law
More in Law
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses

The agreement comes just one month after IBM agreed to pay $17 million in damages to the DOJ over its DEI programming.

By Kristen Parisi and HR BrewMay 14, 2026
The ‘Knight Rider’ replica car got a $50 speeding ticket in New York despite never leaving Chicago museum

“We want to find out who this Knight Rider guy is,” said the Chicago museum’s marketing director.

By The Associated Press and Dave CollinsMay 14, 2026
Parents want less screen time in schools. Administrators say opting out isn’t feasible

“There is not an option for us to not have technology in schools,” said a Lower Merion School Board member, facing down a petition from 600 parents.

By Sharon Lurye and The Associated PressMay 14, 2026
‘Ocean Dream’ diamond, largest blue-green stone of its kind in the world, sells for $17.3 million

Christie’s called it a record price for a stone of its kind sold at auction.

By The Associated PressMay 14, 2026
More in Law
Politics
More in Politics
Senators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown
Senators are ‘putting our money where our mouth is’ and approve withholding their pay during government shutdown

Shutting down the government should not be the default, said Louisiana Sen. John Kennedy, who sponsored the bill.

By The Associated Press, Joey Cappelletti and Mary Clare JalonickMay 14, 2026
Starmer sees open rebellion break out, challenge incoming from former Health Secretary

Health Secretary Wes Streeting became the first senior minister to quit Starmer ’s Cabinet on Thursday.

By Danica Kirka, Brian Melley, Pan Pylas and The Associated PressMay 14, 2026
Trump tells Xi, ‘It’s an honor to be your friend.’ Xi responds by talking about Taiwan

Xi asked “whether the two countries can transcend the ‘Thucydides Trap’ and forge a new model for relations between major powers.”

By Will Weissert, Aamer Madhani and The Associated PressMay 14, 2026
Wall Street no longer believes Kevin Warsh can do what President Trump wants

Everything you need to know before you reach the office this morning.

By Jim EdwardsMay 14, 2026
More in Politics
Latest Stories
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, and US President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports "very shortly" but spare goods from companies like Apple Inc. that have pledged to boost their US investments. Photographer: Will Oliver/EPA/Bloomberg via Getty Images
Big TechHow Trump’s ‘unusual’ brokerage account traded around his own market-moving decisions—selling hyperscalers and buying energy stocks during the war
By Eva RoytburgMay 15, 2026
Berkshire triples Alphabet stake and buys Delta stock while dumping Amazon in Greg Abel’s first quarter as CEO
InvestingBerkshire triples Alphabet stake and buys Delta stock while dumping Amazon in Greg Abel’s first quarter as CEO
By Josh Funk and The Associated PressMay 15, 2026
SpaceX said to plan public IPO filing as soon as Wednesday
Big TechSpaceX said to plan public IPO filing as soon as Wednesday
By Anthony Hughes, Bailey Lipschultz and BloombergMay 15, 2026
America’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why
Future of WorkAmerica’s productivity boom started before AI, and a Stanford economist who decoded the Great Resignation says working from home is the reason why
By Marco Quiroz-GutierrezMay 15, 2026
A man stands looking out over his front porch where a sign reads, "No data centers."
EnvironmentStartups are installing tiny data centers in people’s homes to reduce strain on the beleaguered electrical grid
By Sasha RogelbergMay 15, 2026
deep-sea mining equipment
EnvironmentChina dominates the minerals that power AI. But one company claims there’s enough supply on the ocean floor to last for hundreds of years
By Jake AngeloMay 15, 2026
Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay
EconomyDemand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay
By Jason MaMay 15, 2026
texas
North AmericaThe new American Dream doesn’t live in a big city. It lives in Celina, Texas
By Nick LichtenbergMay 15, 2026
More NewsPage 11 of 100
Iran’s foreign minister returns to Pakistan as Islamabad races to save U.S. ceasefire talks while Tehran seeks Hormuz toll with Oman
PoliticsIran’s foreign minister returns to Pakistan as Islamabad races to save U.S. ceasefire talks while Tehran seeks Hormuz toll with Oman
By Munir Ahmed, Samy Magdy, Melanie Lidman and The Associated PressApril 26, 2026
Sen. Thom Tillis says he’s ready to move ahead with confirming Warsh as Fed chair after DOJ drops probe on Powell
BankingSen. Thom Tillis says he’s ready to move ahead with confirming Warsh as Fed chair after DOJ drops probe on Powell
By The Associated PressApril 26, 2026
Here’s how the ‘multi-layered protection’ at the White House correspondents’ dinner worked and how the hotel added security after Reagan was shot
PoliticsHere’s how the ‘multi-layered protection’ at the White House correspondents’ dinner worked and how the hotel added security after Reagan was shot
By Konstantin Toropin and The Associated PressApril 26, 2026
Accused gunman at correspondents’ dinner was likely targeting Trump and top officials after traveling by train to D.C., Blanche says
PoliticsAccused gunman at correspondents’ dinner was likely targeting Trump and top officials after traveling by train to D.C., Blanche says
By Eric Tucker, Alanna Durkin Richer and The Associated PressApril 26, 2026
POLAND - 2026/03/16: In this photo illustration, the Polymarket logo is displayed on a smartphone with stock market percentages in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)
InvestingKalshi and Polymarket are racing to ban insider trading. The economist who built the theory behind prediction markets says it’s the whole point
By Eva RoytburgApril 26, 2026
Fortune Archives: The Buffett Indicator, explained by the Oracle of Omaha himself
NewslettersFortune Archives: The Buffett Indicator, explained by the Oracle of Omaha himself
By Shawn TullyApril 26, 2026
Photo: Donald Trump
PoliticsWhat’s known about the man charged with attempting to assassinate President Trump at the White House Correspondents’ Dinner
By Jim EdwardsApril 26, 2026
Trump says shooting by ‘would-be assassin’ points to need for White House ballroom as questions are raised about security at correspondents dinner
PoliticsTrump says shooting by ‘would-be assassin’ points to need for White House ballroom as questions are raised about security at correspondents dinner
By Jason MaApril 26, 2026
Trump uninjured and other top officials evacuated after a shooter opened fire in hotel where White House correspondents dinner held
PoliticsTrump uninjured and other top officials evacuated after a shooter opened fire in hotel where White House correspondents dinner held
By Collin Binkley, Alanna Durkin Richer, David Bauder and The Associated PressApril 25, 2026
From maritime trench warfare to a ‘sloppy peace’: Here’s how the Strait of Hormuz standoff could play out, according to Goldman Sachs
EnergyFrom maritime trench warfare to a ‘sloppy peace’: Here’s how the Strait of Hormuz standoff could play out, according to Goldman Sachs
By Jason MaApril 25, 2026
SpaceX, Anduril among companies to win Golden Dome contracts
PoliticsSpaceX, Anduril among companies to win Golden Dome contracts
By Tony Capaccio and BloombergApril 25, 2026
U.S. Air Force, Navy plan to boost F-35 fleet after record budget
PoliticsU.S. Air Force, Navy plan to boost F-35 fleet after record budget
By Tony Capaccio and BloombergApril 25, 2026
Musk drops fraud claims against OpenAI, Altman ahead of trial
LawMusk drops fraud claims against OpenAI, Altman ahead of trial
By Madlin Mekelburg, Robert Burnson and BloombergApril 25, 2026
Russia’s economy minister admits ‘reserves have largely been used up’ while communist lawmaker warns of 1917-style revolution as GDP shrinks
EconomyRussia’s economy minister admits ‘reserves have largely been used up’ while communist lawmaker warns of 1917-style revolution as GDP shrinks
By Jason MaApril 25, 2026
U.S. wheat crops wither, herds thin as spring drought deepens
LawU.S. wheat crops wither, herds thin as spring drought deepens
By Lauren Rosenthal, Erin Ailworth, Ilena Peng and BloombergApril 25, 2026
Trump calls off sending Witkoff and Kushner to Pakistan as Iran ceasefire talks fail before they even began. ‘Too much time wasted on traveling’
PoliticsTrump calls off sending Witkoff and Kushner to Pakistan as Iran ceasefire talks fail before they even began. ‘Too much time wasted on traveling’
By Munir Ahmed, Samy Magdy, Jon Gambrell and The Associated PressApril 25, 2026
U.S. oil producers aren’t coming to the rescue despite high prices as mistrust and chaos hit outlook. The ‘market is being manipulated’
EnergyU.S. oil producers aren’t coming to the rescue despite high prices as mistrust and chaos hit outlook. The ‘market is being manipulated’
By Jason MaApril 25, 2026
U.S. considers using Defense Production Act for Spirit bailout
PoliticsU.S. considers using Defense Production Act for Spirit bailout
By Allyson Versprille and BloombergApril 25, 2026
Trump reports flurry of March bond purchases in new disclosure
PoliticsTrump reports flurry of March bond purchases in new disclosure
By Josh Wingrove, Gregory Korte and BloombergApril 25, 2026
Mine warfare and mind games: ‘You just have to make people believe that you’ve laid mines’
PoliticsMine warfare and mind games: ‘You just have to make people believe that you’ve laid mines’
By Ben Finley, Konstantin Toropin, David McHugh and The Associated PressApril 25, 2026
Trump’s hatred for ‘windmills’ threatens Republicans in coastal Virginia who now face more political peril after the state’s redistricting vote
PoliticsTrump’s hatred for ‘windmills’ threatens Republicans in coastal Virginia who now face more political peril after the state’s redistricting vote
By Matthew Daly and The Associated PressApril 25, 2026
Kevin Warsh is poised to lead the Fed with none of the gravitas Greenspan had but plenty of baggage from Trump, former Powell adviser says
EconomyKevin Warsh is poised to lead the Fed with none of the gravitas Greenspan had but plenty of baggage from Trump, former Powell adviser says
By Christopher Rugaber and The Associated PressApril 25, 2026
A teen boy lays on a bed looking at his phone.
LawMost Australian teens admit the social media ban isn’t working as they try to sidestep age verification blocks with face masks and their parents’ IDs
By Sasha RogelbergApril 25, 2026
A replica of a Lockheed Martin missile
Politics‘A golden opportunity right now based on who’s in government.’ Trump’s bellicose presidency means defense firms are raking it in
By Tristan BoveApril 25, 2026
A container ship in the canal
EnergyEven as businesses spend $4 million to cross Panama Canal, they say ‘it’s safer and less expensive’ than the Strait of Hormuz
By Alma Solis, Megan Janetsky and The Associated PressApril 24, 2026
investors
EconomyIntel’s blowout quarter just sparked its best day since 1987
By The Associated Press and Stan ChoeApril 24, 2026
US President Donald Trump.
PoliticsTrump’s own judge just sided against his asylum crackdown—White House blames ‘political lens’
By Michael Kunzelman, Lindsay Whitehurst and The Associated PressApril 24, 2026
Ron Kaz wears a hat outside the department of corrections before the scheduled firing squad execution of South Carolina inmate Mikal Mahdi on April 11, 2025 in Columbia, South Carolina.
LawFiring squads are back: Trump’s DOJ revives rarely used execution method once limited to five states
By The Associated Press and Alanna Durkin RicherApril 24, 2026
Hallucinogenics are illegal under federal law but that isn’t stopping the FDA from fast tracking 3 psychedelic drugs to treat mental health
PoliticsHallucinogenics are illegal under federal law but that isn’t stopping the FDA from fast tracking 3 psychedelic drugs to treat mental health
By Matthew Perrone and The Associated PressApril 24, 2026
exterior of supreme court
LawProsecutors used rap lyrics to help sentence a man to death in Texas. That strategy is more common than you may think
By Maria Sherman, Claudia Lauer and The Associated PressApril 24, 2026
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