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Trump Announces Major Venezuela Oil Deal

WASHINGTON, DC - August 28, 2026 (STL.News) President Donald Trump announced Friday that the United States has reached a sweeping oil agreement with Venezuela that he says will give the…

By Martin Smith 12 Min Read

Wall Street Ends Week Higher as Fed Risks Rise

NEW YORK - August 28, 2026 (STL.News) Wall Street - U.S. stocks finished modestly lower Friday as investors weighed a tougher message on inflation from Federal Reserve Chair Kevin Warsh…

By Martin Smith 10 Min Read

Walmart to Pay $50 Million in Opioid Settlement

WASHINGTON, DC - August 28, 2026 (STL.News) Walmart Inc. has agreed to pay $50 million to resolve federal allegations that its pharmacies illegally filled thousands of invalid prescriptions for opioids…

By Martin Smith 13 Min Read

Iran Economy Strained as Hormuz Oil Flows Plunge

TEHRAN, Iran - August 28, 2026 (STL.News) Iran faces intensifying economic pressure six months into its conflict with the United States and Israel, while disruptions in the Strait of Hormuz…

By Martin Smith 13 Min Read