CAIRO — Iranians were already reeling from a shattered economy and the mass killing of protesters when the first U.S. and Israeli bombs slammed into Tehran a month ago. Now they are struggling to get by through a war with no end in sight, wrestling with lost livelihoods, damage to homes and the stress of … Read more
The world is now facing price rises and perhaps even shortages for energy and food that are already baked in — and that’s if the conflict ended tomorrow. “The Iran crisis is an epoch-defining event, similar in scale to the fall of the Berlin Wall or 9/11,” believes Peter Frankopan, a professor of global history … Read more
WASHINGTON — President Donald Trump has listed five objectives that the U.S. wants to achieve before ending its war with Iran. Now, one month into the conflict, he has suggested the U.S. may soon be “winding down” the operation, even though some of his key aims remain undefined or unfulfilled. Trump last week outlined five … Read more
US targets Iran’s military sites, Pentagon mulls deploying more troops to Middle East US Central Command releases footage of targeted Iranian military sites. The Pentagon is considering sending 10,000 additional ground troops to the Middle East, including the 82nd Airborne, to secure the Strait of Hormuz. President Donald Trump has extended a pause on striking … Read more
Washington — The U.S. has so far used hundreds of Tomahawk cruise missiles against Iran, according to two sources familiar with the matter, several times more than the number procured for the military each year. One of the sources said over 850 have been used so far in the conflict, a figure that is roughly … Read more
Stocks tumbled on Friday amid the uncertainty in Iran, marking the fifth consecutive week of declines. It’s the longest stretch of weekly losses in nearly four years. CBS News business contributor Javier David has more. Source link
Dow drops more than 700 points as Iran war uncertainty continues – CBS News Watch CBS News The Dow Jones dropped more than 700 points on Friday, while the S&P 500 posted its fifth straight weekly drop. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss. Source link
Welcome back to ON THE LOT. In today’s edition: Paris Jackson’s fight with the producers of the Michael Jackson movie, former “Bachelor” producer Michael Carroll and contestant Kelley Flanagan on the Taylor Frankie Paul fallout, Colorado Attorney General Phil Weiser‘s probe of the Paramount-Warner Bros. deal, directors Daniel Roher and Charlie Tyrell on keeping it … Read more
The war with Iran is pushing up oil and gas prices, creating widespread financial strain on U.S. motorists, food delivery drivers, farmers as well as the U.S. Postal Service. Analysts say prices are likely to remain elevated until shipping resumes in the Strait of Hormuz, a key waterway between the Persian Gulf and the Gulf of Oman through … Read more
A flurry of bets made prior to major announcements about the Iran war has ramped up speculation that individuals or groups with advance knowledge of U.S. military plans are cashing in on insider information. And while prediction market platforms Polymarket and Kalshi now say they are taking more proactive measures designed to prevent such illicit … Read more