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News

Norwalk Hour
thehour.com > news > world > article > yemen-risks-a-return-to-civil-war-as-iran-backed-22425209.php

Yemen risks a return to civil war as Iran-backed rebels target a vital oil shipping route

2+ day, 6+ hour ago   (706+ words) Here’s a look at the intensifying conflict along the Red Sea that could tear the Arab world’s poorest country apart once more and potentially send oil prices even higher above the $100 per barrel mark. Yemen is home to over 40 million…...

Norwalk Hour
thehour.com > business > article > wholesale-prices-moved-higher-last-month-in-22425319.php

US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb

2+ day, 2+ hour ago   (379+ words) In a striking acknowledgment Wednesday, Trump said that oil prices likely won’t come down until after U.S. midterm elections, but added that prices will fall immediately after Nov. 3. “Right after the election, oil prices are going to be tumbling downward,…...

Norwalk Hour
thehour.com > business > article > us-home-sales-weaken-to-slowest-pace-in-more-than-22425483.php

US home sales weaken to slowest pace in more than a year as mortgage rates, home prices climb

2+ day, 4+ hour ago   (836+ words) Sales of previously occupied U.S. homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising mortgage rates and home prices. Existing home sales fell 2% last month from July to a seasonally…...

Norwalk Hour
thehour.com > news > world > article > houthi-rebels-reach-a-strategic-port-city-in-22425500.php

Iran-backed Houthi rebels take strategic port city in Yemen, raising threat to Red Sea shipping

1+ day, 18+ hour ago   (815+ words) The takeover gives Iran another potential point of leverage in its war with the U.S., analysts said, if the Houthis use their presence in Mokha to ramp up threats or attacks on shipping in the Red Sea. Mokha is about 80 kilometers…...

Norwalk Hour
thehour.com > news > politics > article > trump-wants-to-send-americans-money-congress-and-22425922.php

Trump wants to send Americans money. Congress and economists don't seem thrilled with the idea

2+ day, 2+ hour ago   (791+ words) Economists and other political observers are voicing concerns about the potential effects on inflation and the national balance sheet. Taken together, it's a swift reaction that makes clear that Trump's dubious election-year gambit is likely little more than another grand…...

Norwalk Hour
thehour.com > business > article > racketeering-conspiracy-trial-against-chinese-22424555.php

Racketeering conspiracy trial against Chinese tech giant Huawei begins in New York

3+ day, 46+ min ago   (405+ words) Huawei is the world’s biggest supplier of gear for wireless telecom networks, but it is banned from selling equipment to U.S. carriers over fears it poses a security risk. It has also been blacklisted by other Western allies, including Canada…...

Norwalk Hour
thehour.com > news > world > article > asian-shares-fall-and-oil-prices-hold-steady-22425022.php

Asian shares fall and oil prices hold steady above $100 a barrel

2+ day, 15+ hour ago   (654+ words) U.S. futures were modestly higher. The price of Brent crude jumped 3.4% on Wednesday, surging above $100 a barrel for the first time since July. It fell back slightly early Thursday to about $101 a barrel. The latest attacks between the U.S. and Iran are…...

Google News
thehour.com > news > politics > article > the-latest-trump-gave-45-000-cash-to-natalie-22423577.php

The Latest: Trump highlights his own record at midterm Republican convention

3+ day, 1+ hour ago   (1740+ words) Republicans are gathering in Dallas on Wednesday for a highly unusual two-day midterm convention, a first for the party, that will put President Donald Trump at the center of this fall’s midterm elections. Trump took the stage Wednesday to deliver…...

Norwalk Hour
thehour.com > news > politics > article > trump-says-oil-prices-that-spiked-because-of-iran-22424279.php

Trump says oil prices that spiked because of Iran war likely won't come down until after midterms

2+ day, 20+ hour ago   (568+ words) Oil prices on Wednesday jumped more than 3%, pushing international Brent crude past the $100 threshold for the first time since July as salvos between the U.S. and Iran escalated. “Right after the election, oil prices are going to be tumbling downward,” Trump…...

Google News
thehour.com > news > world > article > yemen-s-iran-backed-houthis-have-become-an-22421957.php

Yemen's Iran-backed Houthis have become an increasingly disruptive force in the Mideast

4+ day, 5+ hour ago   (708+ words) They have been at war with Yemen's internationally recognized government since 2014, when the rebels swept down from their mountainous heartland and seized much of northern and central Yemen. Saudi Arabia entered the war the following year on behalf of the…...