Tom Howell Jr.

Third Senate Republican joins Democratic bid to constrain Trump’s war powers

Another Senate Republican joined Democrats' quest Wednesday to end the U.S. war with Iran, as Congress grappled with its role in authorizing military force and leaders in both nations confronted mounting economic woes from the standoff.

May 13, 2026

Wholesale prices rise at highest annual pace since late 2022

Wholesale prices rose at the highest annual rate in over three years, the government said Wednesday in another sign of stubborn inflation.

May 13, 2026

Republicans pivot to emergency gas tax holiday, affordability agenda as soaring prices anger voters

Soaring inflation, rising gasoline prices and crushing housing costs have pressured Republicans in Congress to make an emergency pivot to affordability measures as they face an increasingly dissatisfied electorate that could boot them out of the majority after November.

May 12, 2026

Trump says he doesn’t need China’s help in resolving Iran conflict

President Trump said he does not need China's help to achieve victory in the U.S. conflict with Iran.

May 12, 2026

Sen. Lindsey Graham: Can’t trust Pakistani mediators

Sen. Lindsey Graham on Tuesday cast grave doubts on Pakistan's ability to mediate a lasting peace between the U.S. and Iran.

May 12, 2026

Prices rose at 3.8% for the year ending in April as energy spikes with Iran war

Consumer prices rose at a yearly rate of 3.8% in April, driven by high fuel costs alongside the conflict in the oil-rich Middle East.

May 12, 2026

Ceasefire near collapse amid ‘stupid’ Iran proposal, Trump says, raising specter of new fighting

The ceasefire between the U.S. and Iran hung by a thread Monday after President Trump panned Tehran's latest proposal as a "piece of garbage" and met with military leaders to plot his next move.

May 11, 2026

Treasury sanctions Iranian oil sales to China that fund the Tehran regime’s military

The Treasury Department said Monday it is sanctioning 12 persons or entities for their roles in helping Iran's Islamic Revolutionary Guard Corps sell and ship oil to China.

May 11, 2026

Trump pushes for suspension of federal gas tax during war with Iran

President Trump said Monday he would like to suspend the federal gas tax to alleviate costs during the war with Iran.

May 11, 2026

Trump says Iran ceasefire is ‘on life support’ after rejecting peace proposal

President Trump said Monday the ceasefire with Iran is "on life support" and he will meet with a large group of U.S. military advisers to discuss the next steps.

May 11, 2026

In meeting with VP Vance, Qatar stresses importance for Pakistani mediation of U.S.-Iran war

A top Qatari official stressed the need for "all parties" to cool down tensions in the Middle East during a meeting with Vice President J.D. Vance.

May 8, 2026

U.S. added 115,000 jobs in April, surpassing expectations

The U.S. added 115,000 jobs in April, the government said in a report that far exceeded forecasts and marked the second straight month of large gains.

May 8, 2026

Trade court strikes down Trump’s second attempt at global tariffs

A federal trade court on Thursday invalidated President Trump's attempt to impose a global tariff of 10% after he faced a loss at the Supreme Court over a separate set of broad levies.

May 7, 2026

Iran considers U.S. peace proposal; Pakistani mediators ‘optimistic’

President Trump and his team on Thursday awaited Iran's response to a U.S. proposal to end the war and restart negotiations, a potential sign of progress even as the nations traded fire in the region and Wall Street pulled back from recent gains.

May 7, 2026

Whirlpool Corp. says Iran war caused ‘recession-level’ collapse in consumer confidence

Whirlpool Corp. blamed a first-quarter revenue drop on a collapse in consumer confidence stemming from the war in Iran, an unusually blunt appraisal of the ripple economic fallout from the conflict that extends beyond oil and gas.

May 7, 2026

Markets cheer signs of a possible U.S.-Iran deal

Oil prices plummeted and Wall Street stocks surged on Wednesday after President Trump pointed to "great progress" in reaching a deal that would end the U.S. war with Iran.

May 6, 2026

Iran weighs new U.S. ceasefire-negotiation proposal amid Trump threats to restart bombing campaign

Iranian officials are considering a new proposal from the U.S. that could jump-start peace negotiations as President Trump threatens to resume a devastating bombing campaign if Tehran does not agree.

May 6, 2026

Trump warns that time is running out for Iran to make a deal

President Trump said Wednesday he is waiting to see if Iran can make a "satisfactory" deal and warned he would make Tehran agree to his terms, one way or another, if they don't strike an agreement now.

May 6, 2026

Trump to Iran: Accept the terms of an emerging deal or face unprecedented bombing

President Trump threatened Wednesday to bomb Iran at a "much higher level" if Tehran does not agree to emerging terms to end the war.

May 6, 2026

Markets cheer signs of a possible U.S.-Iran deal

Oil prices plummeted and Wall Street stocks surged on Wednesday after President Trump pointed to "great progress" toward reaching a peace that ends the U.S. war with Iran.

May 6, 2026