Iran war threatens Trump’s affordability push as rising energy prices complicate Fed rate cuts

The war with Iran is quickly becoming an economic problem for the United States — and a policy dilemma for the Federal Reserve. Rising oil prices, shipping disruptions in the Middle East and fresh signs of weakness in the U.S. labor market are creating a complicated backdrop just as inflation had begun to show some … Read more

Dealing with Iran war is ‘easy,’ Trump says. College athlete pay? Not so much

WASHINGTON — President Donald Trump said Friday that questions about the war in Iran were “easy” compared to efforts to better regulate college sports and rein in high salaries for football players — an extraordinary suggestion that even he himself seemed to think better of a short time later. Trump convened a roundtable of experts … Read more

Iranian says old regime is at fault for war with U.S. and Israel

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Iranian says old regime is at fault for war with U.S. and Israel 02:07 UP NEXT Clinton recalls his friendship with Rev. Jesse Jackson 00:40 Epstein files released related to allegations against Trump 00:28 Biden honors Rev. Jesse … Read more

Iran’s foreign minister denies seeking war with its neighbors

Since the U.S. and Israel launched attacks across Iran last weekend, the Islamic Republic has retaliated by firing missiles and drones across the region, striking Bahrain, Qatar, the United Arab Emirates and other countries. But Iranian Foreign Minister Abbas Araghchi said Thursday in an interview with “NBC Nightly News” anchor Tom Llamas that Iran had … Read more

Hegseth says anyone helping Iran’s war efforts will be “confronted strongly”

Defense Secretary Pete Hegseth said the U.S. will confront “anything that shouldn’t be happening” in response to reports that Russia is providing intelligence to Iran on U.S. movements in the region. CBS News national security analyst Aaron MacLean joins to unpack Hegseth’s remarks. Watch more of his interview Sunday on 60 Minutes. Source link

War with Iran fuels mounting concern for safety of Americans jailed in the country

Advocates for at least four American nationals who were jailed in Iran before the U.S.-Israeli strikes started are growing increasingly concerned about their safety, as intense bombing continues across the country. Two of those U.S. nationals have been named publicly: 49-year-old Journalist Abdolreza “Reza” Valizadeh, whom the U.S. State Department formally designated as “wrongfully detained” … Read more

United Airlines CEO said U.S. airfares could soon rise as Iran war drives up oil prices

Travelers could soon see a rise in U.S. airfares as rising global oil costs due to the Iran war boost the cost of jet fuel. Speaking at an industry event on Thursday, United Airlines CEO Scott Kirby said rising fuel costs will have a “meaningful” impact on the carrier’s financial results this quarter, CNBC reported. He also … Read more

U.S. turns to Ukraine for drone defense expertise in Iran war, but solutions may take time

A week into the U.S.’s war in Iran, American drone expert Brett Velicovich joined Fox News anchor Jesse Watters to tout the role of advanced American drone defense technology used in the operation. In the split-screen beside him, footage of air defenses downing Iranian Shahed drones appeared to underscore his point. Except they weren’t American … Read more