Fars News Agency, a state-run Iranian media outlet, has reported that a United States Navy patrol boat has been hit by two Iranian missiles not far from the Strait of Hormuz after it ignored warnings to stay out of the critical waterway. The media outlet claimed that the boat was “forced to retreat,” without providing information on the damage. Iran had warned the US to stay out of the Strait of Hormuz. Trump: US Will “Guide” Neutral Ships Through Strait of Hormuz Far News Agency, which is also said to be closely affiliated with the Islamic Revolutionary Guard Corps (IRGC), reported…

NEWYou can now listen to Fox News articles! Seattle’s new mayor is facing growing scrutiny over her approach to public safety after an internal police email outlined how most drug possession and public use cases are being directed toward diversion rather than prosecution — prompting backlash from critics who say…

The rhetoric about the takeover of Greenland by the United States has ramped up at the same time that a military operation in Venezuela leaves the U.S. “running” the socialist nation. And now, a top aide to President Donald Trump has said that “obviously Greenland should be part of the…

In his 1982 article, “Monetary Policy: Theory and Practice,” Nobel laureate Milton Friedman—no friend of gold—said that, If a domestic money consists of a commodity, a pure gold standard or cowrie bead standard, the principles of monetary policy are very simple. There aren’t any. The commodity money takes care of itself. (emphasis added) It…