Trump said in a social media post that he made the move after a breakthrough in negotiations, and that significant points under discussion "have been brought to the highest level of Iranian leadership and approved."
The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday ahead of Kevin Warsh’s first Federal Open Market Committee meeting as chair of the Federal Reserve next week. “The war in the Middle East is generating inflation pressures and the decision to raise rates is robust across a range of scenarios…
The European Central Bank (ECB) raised interest rates by 25 basis points on Thursday ahead of Kevin Warsh’s first Federal Open Market Committee meeting as chair of the Federal Reserve next week. “The war in the Middle East is generating inflation pressures and the decision to raise rates is robust across a range of scenarios…
President Donald Trump said in a social media post that the U.S. would hit Iran "VERY HARD TONIGHT" and would "assume total control" of Iran's oil and gas industries, including the key Kharg Island oil terminal, in the "not too distant future."
The U.S. is again striking targets in Iran after missile launches targeting U.S. bases in the region. President Trump revealed the U.S. has been helping stranded vessels transit the Strait of Hormuz, asserting American control over the vital waterway. Ali Rogin reports.
Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices, was up a more modest 2.9%. Geoff Bennett discussed more with Roben Farzad of Full Disclosure.
Defense Secretary Pete Hegseth said the military would strike Iran "hard" Wednesday night following threats for more strikes from Trump earlier in the day.
The president said that U.S. forces have been removing millions of barrels of oil on a nightly basis, and he had previously "wanted to say it so badly."
Former Rep. Marjorie Taylor Greene (R-Ga.) slammed President Trump over the economy and inflation on Wednesday, saying the U.S. was “IN DECLINE.” “Unbelievable!! Here is exactly what Trump’s war on Iran, costing billions everyday, is doing to Americans. MAGA used to call this Biden inflation and scream from the rooftops over this garbage,” Greene wrote…
Former Rep. Marjorie Taylor Greene (R-Ga.) slammed President Trump over the economy and inflation on Wednesday, saying the U.S. was “IN DECLINE.” “Unbelievable!! Here is exactly what Trump’s war on Iran, costing billions everyday, is doing to Americans. MAGA used to call this Biden inflation and scream from the rooftops over this garbage,” Greene wrote…
President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May. “No, I love it. The numbers were great,” Trump said when asked if he was concerned about the latest data, which showed the consumer price index rising to 4.2 percent over the past 12 months — with…
President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May. “No, I love it. The numbers were great,” Trump said when asked if he was concerned about the latest data, which showed the consumer price index rising to 4.2 percent over the past 12 months — with…
President Trump told reporters on Wednesday that the U.S. military could continue strikes against Iran after targeting about two dozen sites, mostly near the Strait of Hormuz, in retaliatory attacks on Tuesday. Trump said he still wanted to work toward a “meaningful deal” with Iran but wasn’t done punishing Iran for shooting down an Apache…
President Trump told reporters on Wednesday that the U.S. military could continue strikes against Iran after targeting about two dozen sites, mostly near the Strait of Hormuz, in retaliatory attacks on Tuesday. Trump said he still wanted to work toward a “meaningful deal” with Iran but wasn’t done punishing Iran for shooting down an Apache…
Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.
President Trump late Tuesday shared a clip from the series “The West Wing” dismissing the concept of a “proportional response” after the U.S. launched a new round of strikes on Iran in retaliation for an attack on an Apache helicopter. The president first shared on Truth Social the statement issued by U.S. Central Command (Centcom)…
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