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World Economy Mar 29, 2026

US-Iran Conflict Drives Up Living Costs, Squeezing American Budgets

The US-Israel war against Iran has led to a significant increase in living costs in the US, affecti…
The ongoing US-Israel war against Iran has sent shockwaves through global markets, resulting in a substantial increase in everyday living costs for many Americans. Following the US-Israeli strikes on Iran, which prompted retaliatory attacks on US allies in the region and Iran's decision to close the Strait of Hormuz, a critical maritime passage, costs have surged across the US. In particular, gas prices have spiked sharply, with the national average rising by roughly 30% over the past month. Additionally, grocery bills, mortgage rates, and fertilizer costs have also climbed. As a result, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing, and electricity. Individuals from various parts of the country, including Indianapolis, Massachusetts, New York, and Pennsylvania, have shared their struggles with rising costs and how they are impacting their daily lives and long-term financial planning. For instance, an Indianapolis bank employee named Lore has had to reduce his commuting and is holding on to his old car for as long as possible to avoid the financial burden of a new one. A Massachusetts-based librarian's husband has had to take on extra work to keep up with rising expenses, often working 12 to 14 hour days. An elderly woman in New York described living a very frugal existence and struggling to make ends meet each month. The strain is also hitting small business owners, with a tattoo artist and father in Pennsylvania forced to shut down his private studio after three years due to decreased demand. Rising costs are also intensifying anxieties around healthcare, with a bread factory worker in Michigan expressing concerns about his health and the potential risks he faces simply getting to work.
#costs #car #gas
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Sports Mar 28, 2026

Iran Football Team Pays Emotional Tribute to School Strike Victims Amid War

The Iranian men's national football team paid tribute to the victims of a school strike in Minab, I…
The Iranian men's national football team made a poignant gesture before their friendly match against Nigeria in Turkey, wearing black armbands and posing with pink and purple school bags with ribbons on them. This powerful display was a tribute to the victims of a devastating air strike on a primary school in Minab, Iran, which occurred on the first day of the Middle East war on February 28. The air strike killed at least 170 people, including students and teachers. The attack happened on the day the United States and Israel launched the war with attacks across Iran. Iran's foreign minister accused the US of a "calculated, phased assault" on the school. According to The New York Times, preliminary findings of a US military investigation indicate that a US Tomahawk cruise missile hit the school due to a targeting mistake. The US military had been bombing an adjacent Iranian base, of which the school building was formerly a part, using outdated data to set the target coordinates. US President Donald Trump initially suggested that Iran itself may have been responsible for the attack, despite the country not having Tomahawk missiles. The incident has added to the tensions between Iran and the US, with Iran qualifying for the World Cup finals this summer but asking for its matches to be moved from the US to Mexico due to concerns over player safety. In the friendly match, Iran lost 2-1 to Nigeria. The team's gesture was a powerful reminder of the human cost of conflict and the impact on innocent civilians, particularly children.
#Iran national football team #Minab school strike #Nigeria
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Politics Mar 28, 2026

FBI Foils Assassination Plot Against Palestinian Activist Nerdeen Kiswani

The FBI has foiled a plot to assassinate Palestinian activist Nerdeen Kiswani, 31, co-founder of Wi…
The Federal Bureau of Investigation (FBI) has successfully thwarted a plot to assassinate prominent Palestinian activist Nerdeen Kiswani, co-founder of the activist group Within Our Lifetime. According to authorities, a suspect, Andrew Heifler, 26, was taken into custody for allegedly planning to throw Molotov cocktails at Kiswani's home in New York City.Kiswani, 31, was informed by the FBI's Joint Terrorism Task Force on Thursday of a threat against her life. The arrest was the result of an undercover law enforcement operation. Heifler was reportedly part of an offshoot of the far-right Jewish Defense League (JDL), an extremist group known for violent attacks against Arab American activists during the 1970s and 1980s.New York City Mayor Zohran Mamdani condemned the incident, stating, 'We will not tolerate violent extremism in our city. No one should face violence for their political beliefs or their advocacy.' Heifler had planned to flee to Israel after carrying out the attack. Authorities recovered eight Molotov cocktails from his residence during a search.The incident highlights the increasing harassment and surveillance faced by Palestinian rights activists in the US, both from government authorities and far-right pro-Israel groups. Kiswani had previously reported receiving threats, stating that 'Zionist organizations like Betar and politicians like Randy Fine have encouraged violence against my family and me' for several months.This foiled plot is part of a broader pattern of heightened tensions and threats against Muslim and Palestinian communities in the US, with advocates noting an increase in hateful rhetoric from US lawmakers.
#FBI #Nerdeen Kiswani #Andrew Heifler
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News Mar 27, 2026

US Judge Questions Trump's Decision to Bar Venezuelan Funds for Maduro's Defense

A US judge has declined to dismiss charges against former Venezuelan President Nicolas Maduro and h…
A United States judge has ruled that he will not dismiss the drug-trafficking and weapons possession charges brought against former Venezuelan President Nicolas Maduro and his wife Cilia Flores.In a Thursday court hearing, Judge Alvin Hellerstein questioned whether the US government has the right to bar Venezuela from funding Maduro's legal expenses. The hearing was the first for Maduro and his wife since a brief January arraignment, where they pleaded not guilty.Maduro and Flores have sought to have the charges against them thrown out. Hellerstein declined to do so, but he pressed the prosecution on some of the issues Maduro's legal team raised in its petition to dismiss the case. Among them was a decision by the administration of US President Donald Trump to prevent the Venezuelan government from financing Maduro's defence.Federal prosecutors argued that national security reasons prevented the US from allowing such payments. They also pointed to ongoing sanctions against the Venezuelan government. But Hellerstein pushed back against that argument, noting that Trump had eased sanctions against Venezuela since Maduro's abduction on January 3. He also questioned how Maduro might pose a security threat while imprisoned in New York.“The defendant is here. Flores is here. They present no further national security threat,” said Hellerstein. “I see no abiding interest of national security on the right to defend themselves.”Hellerstein emphasised that, in the US, all criminal defendants have the right to a vigorous defence, as part of the US Constitution's Sixth Amendment. Maduro, who led Venezuela from 2013 to 2026, has been charged with four criminal counts, including “narco-terrorism” conspiracy, conspiracy to import cocaine, the possession of machine guns and the conspiracy to possess machine guns and other destructive devices.He and his wife were taken into US custody on January 3, after Trump launched an attack on Venezuela. The Trump administration has framed the military operation as a “law enforcement function”, but experts say it was widely considered illegal under international law, which protects local sovereignty.Trump himself weighed in on the proceedings during a Thursday US Cabinet meeting, hinting that further charges could be brought against Maduro. “He emptied his prisons in Venezuela, emptied his prisons into our country,” Trump said of Maduro, reiterating an unsubstantiated claim. “And I hope that charge will be brought at some point. Because that was a big charge that hasn’t been brought yet. It should be brought.”
#maduro #trump #his
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Politics Mar 27, 2026

The Trump Coin Conundrum: Exploring Alternative Designs for a Commemorative Coin

The article discusses the proposed commemorative gold coin featuring Donald Trump's image and sugge…
The introduction of a commemorative gold coin featuring Donald Trump's image has sparked controversy, with many questioning the decision to put his face on a US coin. The coin, worth $1, depicts Trump sitting at the Resolute Desk in the Oval Office, a classic pose designed to make him appear intimidating. The Commission of Fine Arts recommended that the coin be 'as large as possible', which has raised eyebrows among critics. The article's author, Dave Schilling, argues that this decision is a reflection of Trump's ego and desire for attention. Schilling suggests that the coin's design could have been more creative and meaningful, paying tribute to Trump's legacy in a more nuanced way. American coins typically feature the faces of prominent individuals, such as Lincoln and Franklin Roosevelt. However, the reverse side of the coin often features symbols of American history and culture, such as the Liberty Bell or a buffalo. Schilling argues that the Trump coin's design could have followed this tradition, rather than featuring a generic bald eagle on the reverse side. Schilling proposes alternative designs that could have been used for the coin, such as: The Trump Tower in Manhattan, which was a seminal purchase for Trump and cemented his reputation as a shrewd businessman. The Central Park Five advertisement, which Trump took out in four separate New York City newspapers, although this would have been a more contentious choice. The Apprentice, Trump's popular NBC reality show that helped him become a household name. Ultimately, Schilling suggests that the defining image of Trump's presidency should be the bank statement of the average American citizen, reflecting the economic challenges faced by many during his term in office, including stagnant job growth, rising inflation, and high energy costs.
#Donald Trump #United States Mint #Presidential Coin Program
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Business Mar 27, 2026

Trump's Iran Stance Loses Steam as Markets See Through Tactics

The article discusses how US President Donald Trump's tactics of making threats and then backing do…
The recent developments in the conflict between the US and Iran have left global markets reeling. President Donald Trump's threat to attack Iran's civilian power infrastructure led to a surge in oil prices, a plummet in stock futures, and a climb in bond yields. However, the president quickly walked back his statement, announcing that talks with Iran were going well. This move, dubbed 'Taco' (Trump Always Chickens Out), was first seen during the tariffs crisis last year. The immediate market reaction was significant, with bonds and stocks recovering rapidly after Trump's statement. The S&P; 500 stock index jumped 1.5% by 9:30 am in New York, defying earlier futures contracts that signaled a 1% daily decline. However, Iran's response has shown that Trump's tactic may be losing steam. Iranian officials denied the 'productive conversations' Trump claimed had taken place, and launched missile attacks on Israel, Iraq, and other American allies in the Gulf. This has led to renewed market volatility, with oil prices rebounding and stocks giving up their gains. The article suggests that Trump no longer has control of events in Iran and that the conflict's outcome will likely be decided by Tehran. The Iranian regime has little incentive to back down, having already suffered significant losses but still capable of imposing enormous costs on the world by throttling the Strait of Hormuz and depriving the global economy of 12.5 million barrels of oil and 11.5 billion cubic feet of gas per day. As markets continue to react to the situation, it appears that Trump's 'Persian Tacos' may not be enough to calm investor nerves. The S&P; index lost 1.78% on Thursday, closing at a new low for the year, and the price of Brent crude hovered around $108.
#trump #iran #war
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Economy Mar 27, 2026

California and New York Push for $30 Minimum Wage by 2030

Campaigns in California and New York aim to increase the minimum wage to $30 an hour by 2030, citin…
Mark Dorsey, a 35-year-old resident of East Oakland, works two jobs to make ends meet, often relying on minimum wage or close to it. The current minimum wage in Oakland is $17.34 an hour, higher than California's $16.90 an hour, but still insufficient for Dorsey.Dorsey is part of a campaign to almost double California's minimum wage to $30 an hour by 2030. A similar initiative has been tabled in New York City, backed by Mayor Zohran Mamdani.The initiatives face opposition from business interests, but have widespread public support. The federal minimum wage has remained at $7.25 an hour since 2009.The Oakland and Alameda Living Wage for All campaign has filed two ballot initiatives for the November 2026 ballot to increase the minimum wage in Oakland and Alameda county to $30 an hour by 2030 for large employers.Zach Norris, co-executive director of the Black Organizing Project, emphasizes that the ballot initiatives are also racial justice issues, as Oakland has seen a 46% decline of Black residents since 2000.In New York City, Councilor Sandy Nurse has introduced a bill to increase the minimum wage to $30 an hour by 2030 for large employers, with small businesses given more time to adapt.The Economic Policy Institute projects that 1.68 million New York City residents, 36.7% of the city's wage-earning workforce, will earn less than $30 an hour by 2030.Business groups have voiced opposition, but a 2023 study found that minimum wage increases do not result in job losses or small business closures.
#California #New York #Minimum Wage
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Books Mar 27, 2026

Adele Bertei's Memoir: A Vivid Portrait of New York's No Wave Scene

Adele Bertei's memoir, 'No New York', offers a vivid and vibrant account of her experiences in New …
Adele Bertei's memoir, 'No New York', provides an essential slice of New York's bohemian history, particularly its no wave music scene in the late 1970s. Bertei, a relative unknown, brings a fresh perspective to the era, unencumbered by cultural baggage.Bertei's journey begins with her arrival in Manhattan in 1977, a city struggling with a municipal debt crisis and frequent fires. However, this period also saw a creative explosion, with the avant-garde art scene thriving post-Warhol. Bertei immerses herself in the alternative scene, crossing paths with future counter-culture icons like Joey Ramone and Alan Vega.Her writing vividly captures the era's spirit, describing the no wave music scene as "Dada brutalism" and a "negation of every way that had come before". As a member of the Contortions, Bertei experiences firsthand the challenging nature of the music, which was an expression of a darker collective reality. She also highlights the barriers faced by women and queers in the music industry, where sexism and homophobia were prevalent.Bertei's memoir is not without its challenges, as the focus shifts post-no wave, and she becomes a witness to subsequent cultural moments rather than a central figure. Despite this, her vivid and visceral account remains essential reading for anyone interested in alternative music.No New York: A Memoir of No Wave and the Women Who Shaped the Scene by Adele Bertei is published by Faber (£20).
#she #bertei #her
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Business Mar 26, 2026

New York City Hospitals Drop Palantir Amid UK Controversy

New York City's public hospital system has decided not to renew its contract with Palantir, a data …
New York City's public hospital system has announced that it will not be renewing its contract with Palantir, a data analytics and AI firm, amid growing controversy over its government contracts in the UK. The decision comes as health officials in the UK express concerns over data privacy issues related to Palantir's £330m agreement with the National Health Service (NHS).The contract between NYC Health + Hospitals and Palantir, which focused on recovering money for insurance claims, was set to expire in October. According to documents shared with the Guardian, Palantir has paid nearly $4m to the hospital system since November 2023. The contract allowed Palantir to review patient health notes and help the hospital claim more money in public benefits through programs like Medicaid.Despite assurances from NYC Health + Hospitals that there was an 'absolute firewall' preventing Palantir from sharing information with US Immigration and Customs Enforcement (ICE), activists and data privacy experts have raised concerns over the potential risks of Palantir accessing de-identified patient data for purposes other than research.As New York City prepares to part ways with Palantir, the company is expanding its influence in the UK, despite backlash from activists and lawmakers. Palantir has contracts with the British government's Ministry of Defence and is seeking access to sensitive national financial regulation data through a contract with the Financial Conduct Authority.Medact, a health justice charity, has raised concerns that Palantir's software could enable 'data-driven state abuses of power', including US-style ICE raids. In response, Palantir has denied that its data could be used in this way, citing that it would be illegal and a breach of contract.The decision by NYC Health + Hospitals to drop Palantir has been hailed as a victory by activists, who are now calling on the NHS to follow suit and terminate its £330m contract with the company. The 'Purge Palantir' campaign, which involves nurses, pro-Palestinian activists, and social and climate justice groups, aims to stop Palantir from contracting with government agencies, universities, and corporations.
#Palantir #NYC Health + Hospitals #UK government
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