May 01 Profit for the biggest U.S. oil companies declined in 1st quarter – but only on paper By Michelle Chapman, Associated Press With energy prices depressed at the start of the year, Exxon Mobil and Chevron had arranged hedges to offset volatility, a standard practice in the industry. Continue reading
May 01 4 takeaways from Hegseth's hearings on historic defense budget request, Iran war By Ben Finely, Stephen Groves, Meg Kinnard, Associated Press Defense Secretary Pete Hegseth appeared before Congress at a pair of hourslong hearings this week for the first time since the Trump administration went to war against Iran, with the Pentagon chief facing tough questions from skeptical Democrats. Continue reading
Apr 30 Watch 3:49 Oil prices surge again as Trump weighs options to end Iran war and Hegseth faces lawmakers By Nick Schifrin, Winston Wilde On Thursday, the top U.S. commander in the Middle East briefed Trump on potential military options and the ongoing blockade of the Persian Gulf while talks to end the war with Iran remain at a standstill. Meanwhile, Defense Secretary Hegseth… Continue watching
Apr 30 Watch 9:07 Germany builds up its military to prepare for a potential future without U.S. support By Malcolm Brabant, Mike Muhlberger Despite Trump's repeated threats to withdraw the United States from NATO, Germany’s top military officer claims relations with American military leaders are as strong as ever, but he also says that the threat from Russia means Germany’s push to strengthen… Continue watching
Apr 30 1st direct U.S.-Venezuela commercial flight in 7 years lands in Caracas By Associated Press The resumption of a nonstop commercial flight between the two countries comes months after the U.S. capture of then President Nicolás Maduro in a stunning nighttime raid on his residence in Caracas in early January. Continue reading
Apr 30 Trump says he's lifting certain tariffs on Scotch whisky after royal visit By Josh Boak, Associated Press “The King and Queen got me to do something that nobody else was able to do, without hardly even asking!” President Donald Trump posted on social media. Continue reading
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: Hegseth and Caine face 2nd day of questioning on defense budget, Iran war By Ben Finley, Stephen Groves, Meg Kinnard, Associated Press Defense Secretary Pete Hegseth clashed with Democratic lawmakers in Congress for a second day Thursday, rejecting senators’ accusations that the Iran war was launched without evidence of an imminent threat and waged with no coherent strategy. 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