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Hegseth turns tables on Dems as sparks fly during hearing clash: 'I put this on you'
Defense Secretary Pete Hegseth clashed with Democratic senators over Iran war strategy and military funding amid a record $1.5 trillion budget request.
WATCH: 'You, sir, are the failure,' Sen. Peters tells Hegseth over lack of U.S. strategy in Iran war
Senators grilled Hegseth on Iran. Here are 3 big moments from the hearing
Hegseth said at the top of the hearing that the supplemental funding was an “urgent, necessary injection of resources” for the department’s needs. He didn’t directly mention the Iran war in his opening statement.
What to watch for in Arizona tonight: From the Politics Desk
Plus, an uncertain new phase of the Iran war.
WATCH LIVE: Hegseth, Caine testify on Trump's funding request before Senate as Iran war reignites
When US troops die, Trump often reaches quickly for politics
The Iran war has now seen the first US troop deaths since March, with the announcements that three service members have died in recent days.
Trump enters an uncertain moment in Iran war that threatens to become a quagmire
Angered by the deaths of three U.S. service members but facing the war’s unpopularity at home, Trump has limited options before him.
G.O.P. Boxed In on Iran War as Trump Sidelines Congress
Republicans now face a worst-case political scenario of being asked to fund an unpopular war over which they have exercised little oversight.
How the Iran war’s unpopularity compares to Iraq, Afghanistan and Vietnam
An increasing volume of data suggests the Iran war has become about as unpopular as Iraq and Vietnam ever were — and it became so much more quickly.
Politics around Iran war are quite negative prior to midterms, says PIMCO's Libby Cantrill
Libby Cantrill, PIMCO head of public policy, joins 'The Exchange' to discuss the impact of the Iran war on midterms, the United States' weapons capabilities and much more.
Two US service members killed, one missing following Iranian strikes in Jordan
Two US service members were killed and one is missing in action, US Central Command announced Saturday, marking the first American military deaths in the Iran war since March.
GOP Package to Fund Iran War Runs Into Republican Doubts
The package is much smaller than the broader boost President Trump has been seeking, and its passage remains uncertain due to divides in the party.
IRS raises business mileage deduction rate amid fuel price surge
The IRS raised its standard business mileage deduction to 76 cents per mile amid surging gas prices linked to the Iran war's disruption of oil flows.
Maker of Drone Boats Used in Iran War to Open New Texas Shipyard
Saronic Technologies will make naval and commercial vessels at the facility. The company’s naval drone helped rescue the crew of a downed Apache helicopter last month.
What to Know Ahead of Trump’s Primetime Speech | WSJ Politics Newsletter for July 16
Plus, President Trump weighs expansion of the Iran war, and more than 100 House Democrats vote against $3 billion in military aid to Israel.
Trump approval stuck in the 30s amid pessimism on Iran and economy, poll finds
Americans give President Trump broadly negative assessments, including on the Iran war and the economy, a Washington Post-Ipsos poll finds.
Iran, Epstein, Space Travel: 5 Takeaways From JD Vance’s Interview With Joe Rogan
In his first on-air conversation with the popular podcaster since 2024, the vice president cautiously defended the Iran war while also hinting at skepticism about it.
Shipping Choke Points Raise Business Costs Even After The Iran War
Shipping choke points like Hormuz and Malacca keep raising business costs after the Iran War, forcing companies to pay more for reliable supply chains
House Republicans unveil $95B plan for Iran war, farm aid and elections
The package would be a sequel to the massive tax and spending cut bill President Donald Trump signed into law last year
House G.O.P. Releases Budget to Unlock $95 Billion for Iran War and SAVE Act
The plan faces a rocky path amid Republican divisions and would pave the way for votes months before the midterm elections to fund a war that polls show is deeply unpopular.
Pennsylvania Republicans won on lowering prices. Then came the Iran war.
Two Republicans who unseated House Democrats in 2024 after promising to lower the cost of living are fighting to keep their seats amid rising prices.
Gold ‘Iran war participation trophy’ appears in DC for Trump
A protest group called The Secret Handshake placed a 10-foot-tall gold trophy on the National Mall for President Trump. In a press release, the group said the trophy is intended for de-escalating the ongoing conflict through “positive reinforcement.”
The Trump team’s worst predictions about the Iran war
Over the last four and a half months, President Donald Trump and those around him have confidently made predictions that quickly fell apart.
WATCH LIVE: Senate Democrats block $1 trillion annual defense bill in protest over Iran war
Trump revives his decades-old Iran warning as US ramps up military pressure: 'remarkably consistent'
A 1980 video clip shows Trump urging the U.S. to send troops into Iran during the hostage crisis, resurfacing as CENTCOM resumes a naval blockade.
Consumer inflation cooled more than expected in June as gas prices fell
The Bureau of Labor Statistics found that the consumer price index (CPI) eased in June as consumer price growth slowed after a recent surge caused by the Iran war.
Is the Iran war back on for real?
After days of newly intense fighting, Trump asserted he’ll take control of the Hormuz Strait — and charge for access.
Republicans feel increasingly upbeat about their chances in the midterms
GOP strategists who spoke to NBC News said they are less worried than they were a few months ago about the Iran war and rising prices hurting their party.
Assassinations unleashed under Trump haunt Iran war endgame
U.S. law enforcement and intelligence agencies have tracked evidence for years of Iranian efforts to target President Trump, with signals only increasing since the start of the war.
Trump says the Iran ceasefire is ‘OVER.’ What now?
The Iran war has apparently entered a new phase. But the president isn’t being clear about what that means.
Hegseth pushes for action after sailors appear to flout his beard policy
As the US-Iran war risked reigniting in recent weeks, Defense Secretary Pete Hegseth boarded a Navy ship for what was supposed to be a routine visit with sailors.
How Mitch McConnell’s absence complicates the Senate’s business and war funding
The 84-year-old's hospital stay may make it harder for Republicans to break a stalemate over funding, including $87 billion for the Pentagon as the Iran war reignites.
Trump reopens the Iran war — and a political problem he can’t shake
Republicans face fall elections tied to a conflict most voters oppose, unable to end it and mostly unwilling to break with the man who started it.
IMF exepcts world economy to grow a sluggish 3% this year
The group cited the energy shock caused by the Iran war
Türkiye’s Foreign Policy Success Is Reshaping Politics at Home
The most significant political consequence of Türkiye’s handling of the 2026 Iran war may not be what it achieved abroad, but how it continues to reshape politics at home. President Recep Tayyip Erdogan emerged from the crisis with enhanced regional standing after Ankara helped facilitate de-escalation efforts while maintaining relations across competing camps. At a time when the Middle East… Continue reading Türkiye’s Foreign Policy Success Is Reshaping Politics at Home
UK business morale slumps as Iran war pushes up costs, survey shows
British business confidence fell to its lowest since 2022 as the Iran war, which pushed up costs, saps expectations for future sales, a survey of accountants showed on Thursday.
Business Jet Departures in Middle East Drop 30% During Iran War
Business jet departures in the Middle East declined about 30% in the aftermath of the Iran war, a trend that’s at risk of continuing until a peace deal is signed.
How the Iran War Ignited a Clash Between Trump and the Saudi Crown Prince
Crown Prince Mohammed bin Salman pressed President Trump earlier to cripple Iran. But as Iran asserted its power, the prince urged a cease-fire, and is now pursuing his security priorities.
Bill Cassidy accuses Trump of treating Congress as ‘merely an appendage’
Out-going Louisiana senator’s rebuke over Iran war is rare instance of a Republican politician standing up to Trump
Costs of Iran war will linger despite conflict's end, experts say
The effects of the war and other factors driving inflation are likely to stick around for months, experts say, presenting an ongoing challenge to American households.
We're trimming a health-care stock into strength and raising our price target
It's been a remarkable turnaround for a name we started to buy a little too high and a little too fast when the Iran war broke out.
Fed's favored inflation gauge accelerated in May amid energy price shock
The Commerce Department PCE inflation report for May showed the Federal Reserve's favored inflation gauge rose higher amid the energy price shock caused by the Iran war.
Oil price falls to lowest level since before the US-Iran war; UK firms hope Burnham will ease burden
Rolling coverage of the latest economic and financial news
Senate walks back rebuke of Trump over Iran war
One day after adopting a resolution aimed at removing US military forces from the conflict with Iran, the Senate walked back its rebuke of President Donald Trump’s handling of the war, rejecting an attempt to advance a similar war powers measure.
Senate walks back rebuke of Trump over Iran war
One day after adopting a resolution aimed at removing US military forces from the conflict with Iran, the Senate walked back its rebuke of President Donald Trump’s handling of the war, rejecting an attempt to advance a similar war powers measure.
As Trump kicks off state fair festival, he once again says Iran war is ‘done’
The president made his declaration before a mix of locals and tourists at a scaled-down version of the event after some performers canceled.
Closed-door outburst turns into victory for Trump’s Iran negotiations
Senate Republicans flipped to reject Democrats' Iran war powers resolution, handing Trump a key win as U.S.-Iran peace deal talks continue on.
White House asks Congress for $88 billion for Iran war
The request mostly includes money for the Pentagon, with $67 billion going toward replenishing the military’s stocks of munitions and the cost of sending so many forces to the Middle East.
Trump berates Senate Republicans over Iran war vote, calls off bill signing
Trump canceled a scheduled signing ceremony on a housing bill that passed both chambers overwhelmingly this week
‘He named names’: Trump’s Senate meeting explodes into shouting match over Iran
Trump's meeting with Senate Republicans devolved into a shouting match over Iran war powers, with Sen. Bill Cassidy confronting the president directly.
The 4 GOP senators who broke ranks and voted to block Trump from resuming Iran war
The president seethed at Susan Collins, Bill Cassidy, Lisa Murkowski and Rand Paul after the war powers resolution passed, saying: "I will get it done, one way or the other."
German Business Outlook Improves Slightly as Uncertainty Wanes
Germany’s business outlook brightened slightly in June, easing worries about the knock-on effects of the Iran war on Europe’s largest economy.
In symbolic vote, Congress directs Trump to remove forces from Iran war
The measure to remove U.S. armed forces from hostilities with Iran does not require the president's signature, nor does it carry the force of law. But it reflects bipartisan frustration with the war.
Senate votes to block Trump from resuming Iran war
The Senate passed the first war powers resolution since the start of the Iran conflict, but Republicans argue it does not have the force of law.
Senate votes to limit Trump’s Iran war powers in rare rebuke
The Senate adopted a resolution on Tuesday directing the president to remove military forces from the conflict with Iran, a significant rebuke to Donald Trump and a strong message that the war lacks support in Congress.
Pentagon asks Congress for roughly $80 billion to cover cost of Iran war
The request adds to an already sizable military spending boost sought by President Donald Trump.
Pentagon seeks $80 billion from Congress for Iran war
Senate Majority Leader John Thune said he's expecting a supplemental spending request from the administration
Goldman Sachs analysts say EV adoption set to hammer demand for oil
Goldman Sachs says a shift spurred by the Iran War and its disruption to energy markets will put downward pressure on crude prices through 2027.
Euro-Zone Business Activity Shows Resilience to Iran War Fallout
Business activity in the euro area shrank less than anticipated in June, feeding optimism that the region’s economy can weather faster inflation and the jolt to confidence dealt by the Iran war.
German Business Activity Unexpectedly Worsens on Services Slump
Germany’s private sector shrank for a third month as sagging confidence over the Iran war sent services activity sinking at its fastest pace since 2022.
French Business Activity Extends Drop With Economy ‘Frail’
French business activity shrank for a sixth month after higher energy costs sparked by the Iran war hurt confidence and consumer spending.
Pentagon seeks $80 billion from Congress for Iran war
The Pentagon has told lawmakers it needs roughly $80 billion, mostly to cover the cost of the war in Iran
Congress is on the brink of a rare bipartisan victory: From the Politics Desk
Plus, the latest on the talks to end the Iran war.
The scale of Trump’s political blunder in Iran is coming into focus
The first major poll conducted since the Trump administration signed a memorandum of understanding shows Americans just want to be done with the Iran war.
What the Iran war cost the Pentagon, the economy
With an agreement signed, the US war with Iran is at a halt, at least for now, and President Donald Trump is telling Americans they have won.
Trump wanted out of the Iran war. The aftermath is pulling him back in.
The ceasefire reopened diplomacy, but it also left Washington to manage Iran’s leverage, Israel’s attacks and a MAGA backlash.
Trump deepens the dustup with Italy's Meloni, who says his 'unprovoked attacks are senseless'
President Donald Trump on Saturday lashed out at Italian Prime Minister Giorgia Meloni, insisting that she asked “over and over” for a photo with him at the recent Group of Seven summit and criticizing what he said was Italy’s lack of cooperation during the Iran war.
Trump says Meloni 'wants to be friends again' after Italy refused to help US amid Iran war
President Donald Trump said Giorgia Meloni did not let the U.S. use Italy's landing strips in its war against Iran and rejected being friends with her.
Congress wonders as the Iran war draws to a close: Was it worth it?
The question hangs in the halls at the Capitol: Was the war with Iran worth it
Obama says U.S. may be ‘worse off’ now than before Iran war
The former president told NBC’s “TODAY” show he questioned the rationale for President Donald Trump’s war on Iran.
Exclusive | Pentagon Tells Lawmakers It Needs $80 Billion for Iran War and Other Bills
Military officials say the services could run out of money for operations this summer unless Congress passes a new wartime spending bill.
Warner says Iran war is driving up Virginia costs, warns Trump is playing politics with intelligence post
Senator points to higher fertilizer and energy prices, touts housing bill and warns of risks to elections and kids online
WATCH LIVE: Vance holds White House briefing after Trump signs Iran war agreement
Trump invokes law to increase weapons production after Iran war depleted US stocks
President Donald Trump has invoked the Defense Production Act to force defense companies to manufacture more weapons after the war with Iran depleted stockpiles
Japan hikes interest rates to highest since 1995 to fight inflation from Iran war; Thames Water rescue in doubt
Rolling coverage of the latest economic and financial news
‘Trump has surrendered to Iran’: Some prominent GOP hawks fear Trump just caved
When President Donald Trump launched the Iran war in February, he risked alienating the non-interventionist base he had spent a decade cultivating.
The Iran war’s end is being greatly exaggerated
There are many questions unresolved in the latest ceasefire deal and many ways the conflict could begin again.
Politics chat: Trump promises end to Iran war; White House to host UFC fight
President Trump is again promising an end to the war with Iran.
US consumer sentiment improves in June due to easing gas prices
Consumer sentiment still remains at historically low levels amid Iran war and rising inflation, new survey shows
UK Economy Shrinks as Iran War Damages Business Output After Earlier Growth
UK economy shrank in April on Iran war; West Ham’s ownership in question
How to judge Trump’s claims he’s ended the Iran war
The world whiplashed Thursday between an apparently imminent, dangerous escalation of the war in Iran and a claim of peace in our time.
US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs
US businesses’ input costs are rising rapidly as the Iran war’s oil shock continues to ripple through the economy.
South African business confidence edges up in May after April slump
South African business confidence edged up in May after a sharp fall in April, as companies adjusted to the oil price shock triggered by the Iran war and vehicle sales remained buoyant, data showed on Thursday.
Why a frustrated Trump is turning again to bombs to force Iran’s hand
The Trump administration is making a new bid to prove a core assumption the Iran war so far suggests is flawed: that punishing strikes from a far superior US military force will force Tehran to capitulate.
Trump’s most tone-deaf comments on Iran and the economy, ranked
President Donald Trump has repeatedly dismissed Americans’ economic pain and military casualties from the Iran war with comments critics call insensitive.
The limits of self-funding: From the Politics Desk
Plus, Iran war whiplash.
How the Iran war could drive conflicts in countries thousands of miles away
Fuel and food prices are rising. Mass protests could follow.
Iran war ripple effects are increasing risks of acute hunger for millions, World Food Program chief says
Ripple effects from the war in Iran are threatening millions more of the most vulnerable people with crisis levels of hunger or worse, World Food Program (WFP) acting Executive Director Carl Skau told CNN.
Nebraska Sen. Pete Ricketts fields questions on Iran, women’s sports during tele-town hall
Nebraska U.S. Sen. Pete Ricketts was asked about the Iran War, social programs, women's sports, and the SAVE Act.
The political consequences of the Iran war
When wars are undertaken without initial public support, the public reaction against those who started and supported it can be harsh.
US consumers are rethinking their spending, retailers say
U.S. consumers haven’t stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts. The behavior changes observed so far are subtle, such as altered routines for buying gasoline and fewer visits to clothing and furniture stores. They […]
China's global e-commerce push stalls as Iran war lifts costs, dampens demand
China's e-commerce export engine is faltering as surging jet fuel costs and weak demand from lower-income consumers in the West linked to the Iran war threaten profits for big online platforms like Temu , Shein and AliExpress .
Global airlines slash 2026 profit forecast on fuel shock from Iran war
The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins.
Fact-checking Trump’s interview with NBC News’ ‘Meet the Press’
Digging into some of the president’s claims on the Iran war, the Jan. 6 riots, California’s primary elections and more.
From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending
U.S. consumers haven’t stopped spending since the Iran war drove up fuel prices.
America In Focus: US job market is rebounding, but economic frustration persists
U.S. employers added a surprising 172,000 jobs in May as the labor market continued to show resilience in the face of rising costs from the Iran war.
In roundtable, Eugene and Springfield business leaders raise concern about federal policies economic impact
Several business owners at the roundtable, convened by Oregon Democratic Sen. Jeff Merkley, said customers are spending less. Merkley said higher prices are linked to tariffs, inflation and the Iran war.
Iran war piles pressure on Germany
"It’s scary because we don’t know what’s going to happen next.” Fruitsellers, industry bosses, and shoppers in eastern Germany reflect on 100 days of the Iran war, and the rise of the far-right.