US denies Iranian report warship was struck by missiles

Archie Mitchell,Business reporterand Natalie Sherman,Business reporter Reuters Donald Trump has vowed to tap into Venezuela’s oil reserves after seizing President Nicolás Maduro and saying the US will “run” the country until a ‘safe’ transition. The US president wants American oil firms to pile billions of dollars into the South American country, which has the largest…

Shanaz Musaferand Natalie Sherman AFP via Getty Images Venezuelan leader Nicolás Maduro says escalating pressure from the US comes down to one thing: Washington wants to grab the South American nation’s vast oil reserves. This week the American military seized an oil tanker, which was allegedly carrying Venezuelan oil being shipped in violation of US…

Warsh, a 55-year-old economist, is a fellow at the right-leaning Hoover Institution and serves on the board of courier UPS. He has been an outspoken Fed critic, lambasting everything from the central bank’s heavy reliance on data to its use of assets on its balance sheet.