Treasury Department says Iran's economy cratering, inflation at 90 percent

The Hill - Oct 30, 2026

The U.S.’s economic isolation campaign against Iran is “decimating” the country’s economy, according to a Treasury Department report released Friday. The Trump administration launched its sweeping economic pressure campaign, dubbed Operation Economic Outcast, at the end of August. During a Wednesday appearance on CNBC, Treasury Secretary Scott Bessent said the effort has been “very successful.”...

Read full article

More News

Oct 30, 2026

Crypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea

The cyber-attack, which the company describes as complex, is believed to be the largest ever of its kind.

Oct 30, 2026

New York Bought an Electric Ferry. The City Can’t Charge It.

Locations across the country want to launch electric ferries to cut carbon emissions, but there are challenges to the rollout.

Oct 30, 2026

Binance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.

Hackers made off with around $6 billion in digital currency in what could be the biggest crypto heist in history. Binance said it will cover the losses.

Oct 30, 2026

Yorkshire Water boss resigns after firm downgraded

Nicola Shaw, who has led the company since 2022, will step down in January, it is announced.

Oct 30, 2026

Binance Suspends Withdrawals After Crypto Hackers Steal $6.3 Billion

The crypto exchange said it was compromised in what could be the biggest crypto heist ever. One research lab attributed the theft to “North Korea’s elite hacking unit.”

Oct 30, 2026

A Powerful Mosquito-Hunting Laser Uses A.I. to Zap Winged Pests

Using sensors developed for self-driving cars, a Chinese start-up claims it can track and destroy tiny flying targets while avoiding people, pets and reflective surfaces.