Author: Rana McCallister

Liquidators of China Evergrande are pursuing 57 billion yuan from PwC, and the dispute landed in a Hong Kong courtroom, touching on audit responsibility, creditor recoveries, and the wider fallout from the developer’s collapse. Liquidators of the failed Chinese property developer China Evergrande are seeking 57 billion yuan ($8.4 billion) from accounting firm PwC over its auditing work, a Hong Kong court was told on Monday. That single line sums up a legal fight with big-dollar implications for creditors, auditors and the market that once treated Evergrande as a pillar of China’s real estate boom. Everyone watching sees a test…

Two Navy jets collided and crashed during an air show at Mountain Home Air Force Base in western Idaho on Sunday, and all four crew members ejected safely, officials said. The collision happened during a public air show at Mountain Home Air Force Base in western Idaho on Sunday, when two Navy jets came together and crashed. Emergency crews moved quickly to the scene, and the four aircrew escaped by ejecting from their aircraft. Officials confirmed the ejections and the survival of all four service members. Witnesses at the event reported a sudden impact in the sky and then debris…

Rep. Thomas Massie is battling to hold his House seat in a hot primary, openly accusing the American Israel Public Affairs Committee and “a group of wealthy Jews” of attempting to “buy a se” Rep. Thomas Massie finds himself in a tight primary fight and has turned the spotlight on outside influence and big money in politics. He publicly blamed the American Israel Public Affairs Committee and what he called “a group of wealthy Jews” for trying to shape the outcome. The charge has made national headlines and pushed debates about foreign policy influence and donor power into the campaign…

Supreme Court action in Virginia delivered a clear win for fair maps and a setback for Democrats hoping to lock in advantage through redistricting, and the ruling sharpens the stakes for control of state legislatures and Congress. “Democrats are losing the war, and Friday’s decision may seal their fate.” The decision underscores that courts remain a critical check when one party pushes partisan maps too far. The ruling this week has immediate political consequences inside Virginia and signals broader implications for nationwide redistricting battles. Republicans see the decision as a corrective against blatant partisan mapmaking that distorts voter representation. The…

The United States is reportedly preparing criminal charges against 94-year-old former Cuban leader Raúl Castro for the 1996 shootdown of two civilian planes that killed four people, a development that would mark Washington’s most forceful legal move against a Castro in decades. The reported case centers on a February 1996 incident when Cuban MiG-29 fighter jets destroyed two unarmed Cessna aircraft flown by Brothers to the Rescue, killing four people. A Department of Justice official told Newsmax that the United States plans to indict Raúl Castro while the U.S. Attorney’s Office for the Southern District of Florida examines potential charges…

The State Department’s language shift signals a new phase in U.S. immigration policy and a clearer effort to prioritize orderly returns over unlimited inflows. State Department Says Remigration, Not Replacement Migration is the line now being used inside the building that handles our foreign policy, and it changes the conversation. This phrasing swaps a vague fear-driven idea for a concrete policy focus, and it matters politically and practically. Republicans will read it as an opening to demand enforcement and accountability from agencies that for years treated the border as optional. “The Biden administration helped nearly ten million migrants get into…

Congress returned from recess with an aggressive agenda that mixed high-profile bipartisan gestures and predictable political theater in the run-up to the midterms. In 1948 President Harry Truman labeled the 80th Congress the “do-nothing Congress” even though it passed 906 bills and created major institutions like the DOD, CIA, and Air Force while backing the Marshall Plan, the Truman Doctrine, the Taft-Hartley Act, and joining the United Nations. That historical contrast hangs over the current 119th Congress, which after 2025’s slow start and the longest partial government shutdown in US history seemed stalled heading into 2026. Lawmakers failed to pass…

New polling shows many Democrats back redistricting moves that could erase black-majority congressional districts, and Democratic leaders frequently call any move away from race-based mapmaking racist while accusing opponents of prejudiced motives. Unsurprisingly, Democrats are willing to eliminate black-majority congressional districts through redistricting in order to gain more political power, a new poll finds. This pattern is not accidental: party leaders often treat district lines as a tool to lock in advantage rather than to reflect population changes. Voters who want fair maps that respect communities and the law are left hearing partisan spin instead of a clear case for…

The Justice Department on Thursday accused Yale University of illegally considering race in admissions to its medical school — the second institution to face discrimination allegations by the federal government. The Justice Department moved on Thursday with a formal accusation that Yale University factored race into admissions decisions at its medical school. This action names Yale as the second institution targeted in recent federal efforts challenging what the government calls race-conscious admissions. The announcement has stirred a broader debate over admissions policy, fairness, and the proper role of federal civil-rights enforcement. Republicans who favor a merit-based system see this as…

The war in Iran is shifting the inflation picture by adding cost pressure to energy, shipping, and risk premiums, and those effects are now showing up in official readings and markets. This article lays out how those channels work, which price measures are rattled, and why policy choices matter for keeping inflation from becoming entrenched. It also flags where the pain is most likely to be felt and what to watch next. “The second major inflation report of the war in Iran is showing signs of concern.” That line captures the immediate headline: conflict around Iran is no longer a…