Despite uncertainty over the Iran war, the S&P 500 and Nasdaq hit record highs. Here’s why. – CBS News Watch CBS News The S&P 500 and Nasdaq hit record highs on Wednesday despite the economic uncertainty caused by the Iran war. CBS News business analyst Jill Schlesinger explains what’s driving the upward trend. Source link
Spirit Airlines could be in trouble as Iran war spikes fuel prices – CBS News Watch CBS News Sources tell CBS News that Spirit Airlines’ creditors are concerned about the company’s ability to stay afloat amid rising jet fuel prices due to the Iran war. CBS News’ Kris Van Cleave reports. Source link
Defense Secretary Pete Hegseth, the U.S. military’s highest-ranking officer and U.S. Central Command’s Admiral Brad Cooper are holding a news conference on the war with Iran early Thursday. Hegseth said that the U.S. will maintain the “successful blockade” of the Strait of Hormuz., adding that the U.S. military can “make the transition” from this blockade … Read more
President Trump says leaders of Israel and Lebanon will speak Thursday, as Washington pushes to ease hostilities after the rivals’ first direct talks in decades on Tuesday. “Trying to get a little breathing room between Israel and Lebanon,” Mr. Trump said late Wednesday on his Truth Social platform, apparently referring to the meeting held in … Read more
NEWYou can now listen to Fox News articles! Former Vice President Kamala Harris is blaming President Donald Trump as Americans feel pain at the pump amid high fuel prices. “Here in North Carolina and around the country, gas prices are too high,” Harris wrote in a post on X. “This is a direct result of … Read more
Washington — As fallout from the war with Iran keeps fuel prices high, few states are making moves to suspend their gas and diesel taxes. Tax policy experts say suspending the state and federal motor fuel taxes wouldn’t be as effective in lowering prices at the pump as one might think, and could come at … Read more
China reports its economy grew 5% in the January-March quarter, largely shrugging off initial impact from the Iran war Source link
ATHENS, Georgia — Fresh from a marathon trip to Pakistan that failed to reach a deal for ending the war with Iran, Vice President JD Vance jetted to this Georgia college town for a campus tour organized by the conservative powerhouse Turning Point USA. But instead of showcasing the youthful energy that the organization harnessed … Read more
Welcome to From the Politics Desk, a daily newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In today’s edition, Andrea Mitchell examines the upcoming dates … Read more
For the fourth time, the Senate on Wednesday failed to pass a Democrat-led war powers resolution aimed at curbing President Trump’s ability to use further military force against Iran. CBS News congressional reporter Taurean Small has the details. Source link