Politics

Oscars 2026: Hollywood Celebrates Itself amid ‘Existential Crisis,’ Looming Strikes, and Steep Decline

The film industry is suffering an “existential crisis” over its rapid decline as film studios rack up billions in debt; actors, crews, and producers lose work; streaming services nickel and dime producers; labor unions strike ahead of major contract negations, and more Americans go to the theater — not to mention the avalanche of taxes California Democrats continue to pile on the industry.

An Oscar statue is seen under plastic ahead of the 98th Annual Academy Awards at the Dolby

Iran’s ‘Crown Jewel’ Hit — Trump: U.S. ‘Obliterated Every Military Target’ on Kharg in Historic Mideast Raid

President Donald Trump announced Friday that the United States carried out what he described as “one of the most powerful bombing raids in the History of the Middle East,” declaring that U.S. forces “totally obliterated every MILITARY target” on Iran’s strategic Kharg Island — the regime’s so-called “crown jewel” and primary oil export hub — while warning Tehran its vital energy infrastructure could be targeted next if it interferes with shipping through the Strait of Hormuz.

President Donald J. Trump speaks with members of the media after disembarking from Air For