By January of 1980, gold had risen to an all-time high of $875, meaning the dollar fell to all-time lows amid Volcker’s vain attempt to use interest rate intervention to shrink inflation. This is notable in an oil sense in that while the average price of a barrel was $15 in 1979, in 1980 (Carter’s last year in office), the average price was $36.

After failing to pass a spending bill for the 11th time, the U.S. has entered its third week of the government shutdown.

As of Monday, Nov. 3, the shutdown marked the second longest in history. Here's when it could mark the longest shutdown ever.

At least two U.S. presidents — Theodore Roosevelt and Jimmy Carter — personally conducted negotiations that led to peace agreements between warring nations. Both negotiations resulted in Nobel Prizes for some of the participants. Several other ...

On 'The View', Ethan Hawke weighed in on reports that Donald Trump demanded $230 million from the DOJ over past investigations into him

On a September night 47 years ago, I sat in a packed House Press Gallery as waves of applause hailed President Jimmy Carter and the leaders of Egypt and Israel for the Camp David accords ending decades of enmity between the two Middle East neighbors.

Having brokered what appears to be a groundbreaking ceasefire leading to a longer-term Middle East peace settlement, supporters of President Donald Trump, and the president himself, are lobbying the Nobel committee to bestow a 2026 Nobel Peace Prize on Trump.

The federal government has been partially shuttered since Oct. 1. See how 2025 shutdown compares in length to previous shutdowns.

Donald Trump has reduced the White House’s historic East Wing to nothing but mangled metal and rubble. New photos from the scene capture the violent ferocity with which the president demolished the century-old building to carve space for his gigantic $300 million ballroom.