May 13 Watch 8:43 Trump arrives in China for high-stakes talks on trade, Taiwan and Iran war By Nick Schifrin, Veronica Vela, Zeba Warsi President Trump is in Beijing for a state visit to America’s chief global competitor, and increasingly, its chief geopolitical rival. Trump has long targeted China as an economic foe of the U.S. while cultivating a relationship with President Xi Jinping,… Continue watching
May 12 Watch 4:42 Hegseth grilled over direction of Iran war and costs for Americans By Stephanie Sy, Winston Wilde Defense Secretary Pete Hegseth testified in back-to-back Capitol Hill hearings where he faced bipartisan frustration about the Iran war and its rising costs. With neither the Americans nor the Iranians softening their demands, the President left for a high-stakes visit… Continue watching
May 12 Watch 5:18 Inflation could hit 4% next month and stay elevated for rest of year, economist warns By Geoff Bennett, Jackson Hudgins The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to… Continue watching
May 12 WATCH: 'I don't think about Americans' financial situation' when negotiating with Iran, Trump says By Maria Ramirez Uribe A reporter asked Trump on Tuesday to what extent Americans' financial straits are motivating him to make a deal. Continue reading
May 12 WATCH: Murray calls Pentagon's Iran war cost estimate 'suspiciously low,' presses for damage price tag By Maria Ramirez Uribe Jules Hurst, the Pentagon comptroller, told members of Congress at an earlier hearing before a House Appropriations panel, that the cost of the war had risen to $29 billion. Continue reading
May 12 Ship operators fear fuel shortages as Iran war squeezes supply By Anton L. Delgado, Chan Ho-him, Associated Press Experts say consumers and companies should brace for price spikes to shipping costs and impacts to bottom lines. Continue reading
May 12 Kuwait says Iran attacked an island where China is helping to build a port By Jon Gambrell, Melanie Lidman, Associated Press Iran didn't immediately acknowledge the allegation by Kuwait, which came under attack by Iran in the war and during the shaky ceasefire still holding. But that allegation and ongoing attacks throughout the region have threatened to reignite open warfare. Continue reading
May 12 Trump and Xi appear intent on keeping Iran war from overshadowing China summit By Aamer Madhani, Associated Press The White House has set low expectations that Trump will be able to persuade Xi to change China's posture on Iran. Continue reading
May 12 Iran war hits home as gasoline prices fuel significant U.S. inflation jump By Paul Wiseman, Associated Press The Labor Department's consumer price index rose 3.8% from April 2025 and up from a 3.3% year-over-year gain in March. Continue reading
May 12 WATCH: Hegseth, Caine testify on Capitol Hill as Trump says Iran ceasefire is weak By Ben Finley, Konstantin Toropin, Bill Barrow, Stephen Groves, Associated Press Defense Secretary Pete Hegseth faced tough questions Tuesday from Republican and Democratic lawmakers about the Trump administration's end game for the Iran war, the cost of the conflict and its impact on diminishing U.S. weapons stockpiles. Continue reading