Apr 30 Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices By Christopher Rugaber, Associated Press A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. Continue reading
Apr 30 Iran's supreme leader vows to protect nuclear and missile capabilities By Jon Gambrell, Aamer Madhani, Associated Press Iran’s supreme leader vowed Thursday in a defiant tone to protect the Islamic Republic’s nuclear and missile capabilities, which U.S. President Donald Trump has sought to curtail through airstrikes and as part of a wider deal to cement the war’s… Continue reading
Apr 30 WATCH: Senate approves short-term extension of FISA hours before expiration By Joey Cappelletti, Associated Press The House sent the extension to President Donald Trump’s desk Thursday after the Senate cleared it earlier in the day. Continue reading
Apr 29 Watch 5:40 Hegseth's contentious hearing in Congress reveals partisan divide over Iran war By Nick Schifrin, Eliot Barnhart For the first time since the U.S. went to war with Iran, Defense Secretary Hegseth faced sharp questions on Wednesday from Congress. During the hearing, the Pentagon revealed that the war so far has cost $25 billion. The fighting is… Continue watching
Apr 29 WATCH: Hegseth calls congressional Democrats, some Republicans 'biggest adversary' in Iran war By Joshua Barajas “The biggest adversary we face at this point are the reckless, feckless and defeatist words of congressional Democrats and some Republicans,” Defense Secretary Pete Hegseth said in his opening remarks in Wednesday’s budget hearing before the House Armed Services Committee. Continue reading
Apr 29 WATCH: Hegseth, Caine testify for the 1st time since start of Iran war in House hearing By Ben Finley, Stephen Groves, David Klepper, Konstantin Toropin, Associated Press Defense Secretary Pete Hegseth faced withering questioning from skeptical Democrats Wednesday over a costly conflict being waged without congressional approval. Continue reading
Apr 28 Watch 6:41 How the UAE's departure from OPEC could impact oil markets By Amna Nawaz, Veronica Vela There seems to be little movement on the resumption of talks between the U.S. and Iran. There is also almost no movement through the Strait of Hormuz, the vital bottleneck that's essentially cut off 20% of the world's oil and… Continue watching
Apr 27 Watch 4:34 U.S.-Iran talks at impasse over nuclear program and Strait of Hormuz By Nick Schifrin, Veronica Vela The U.S. said it's discussing a new Iranian proposal to reopen the Strait of Hormuz but pause all negotiations over Iran’s nuclear program. Meanwhile, Lebanon marked the deadliest day since the fraying ceasefire in that country went into effect as… Continue watching
Apr 27 California oil fight tests state's right to push back against Washington during war By Julie Watson, Associated Press California continues to fight the Trump administration after it defied state officials to restart oil drilling off the Santa Barbara coast in the name of national security. Continue reading
Apr 27 Here's what to know about ceasefire negotiations between the U.S. and Iran By Jon Gambrell, Associated Press The continued closure of the strait has sent gas prices soaring and could cause further damage to the world economy ahead of U.S. midterm elections, while the blockade is strangling Iran's economy. Continue reading