Brazil stocks hover near record highs as commodities, banks drive gains

As investors balanced optimism over a potential de-escalation in the Middle East with ongoing geopolitical uncertainty, Brazil’s benchmark Ibovespa index posted a modest gain on Tuesday, remaining above the 181,000-point threshold. However, the early optimism faded as fresh reports of targeted strikes in southern Lebanon emerged, limiting further advances in stocks. The Ibovespa reflects the […]

Rand Paul to oversee confirmation hearing of Trump’s DHS pick who once blasted him as a ‘snake’

President Donald Trump’s pick to lead the Department of Homeland Security (DHS) has a confirmation hearing ready to go, and he will have to reckon with an intraparty feud in the process. Sen. Markwayne Mullin, R-Okla., will soon undergo the rigorous confirmation process in the Senate after being tapped by Trump to replace embattled DHS […]

Gas prices surge, pinching Americans and handing the GOP a new midterm headache

President Donald Trump, who rode promises of affordability back to the White House, is now confronting Iran-driven volatility that’s undermining that message as fuel costs rise nationwide — and putting fresh pressure on Republicans heading into the midterms. With the Iran conflict rattling oil markets and raising fears of supply disruptions, gas prices are climbing […]

Cole on paying for the war

House Appropriations Chair Tom Cole doesn’t think Congress should find spending cuts to offset the total cost of the Middle East war and the military spending request lawmakers expect from the administration in the coming days. “I think war is never paid for when you fight it, it’s paid for over time,” the Oklahoma Republican […]

House Budget chair eyes more safety-net cuts for second megabill

DORAL, Florida — “Fraud prevention” in federal and state safety-net programs should be the main target of a new Republican reconciliation bill, House Budget Chair Jodey Arrington said in an interview Tuesday where he also called for reviving Medicaid spending cuts provisions that fell out of last year’s GOP megabill. “The whole kit and caboodle […]

Trump’s revised SAVE America Act faces headwinds in the House

DORAL, Florida — President Donald Trump’s call for congressional action on an updated elections overhaul is facing serious doubts from senior House Republicans who aren’t convinced it can pass the chamber a third time. Trump’s demand for a near-total ban on mail voting, in particular, remains an obstacle. When GOP leaders put a version of […]