The White House proposes cutting 9,400 TSA employees and $1.5 billion. - The White House is proposing to cut more than 9,400 employees and just over $1.5 billion from the Transportation Security Administration's budget,

Dallas Fed: Extended Hormuz closure could push oil prices to $167 - A prolonged closure of the Strait of Hormuz due to the war with Iran could push overall US inflation above 4% by year-end,