Inflation eased more than expected in June, CPI report shows
Lower gasoline prices slowed inflation in June, though many household costs remained stubbornly high.
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Lower gasoline prices slowed inflation in June, though many household costs remained stubbornly high.
U.S. forces conducted more rounds of strikes on Iran this week, one of which was in retaliation for an attack on a commercial ship in the Strait of Hormuz, the Pentagon said.
The U.S. began a second night of strikes Wednesday and Iran responded in kind after President Trump declared earlier in the day that the ceasefire was "over."
The U.S. is "going to win one way or the other," President Trump said Monday, as Iran held a colossal public funeral for its slain supreme leader.
The Islamic Revolutionary Guard Corps struck a cargo ship near Oman on Thursday, further complicating the Iran-U.S. negotiations.
The Trump administration on Wednesday sent Congress a long-awaited supplemental funding package to help cover the cost of the Iran war.
Iran insists there are no plans for inspections of its bombed nuclear sites, but Trump says Tehran "fully and completely" agreed to let inspectors return.
The negotiations were expected to start as soon as this weekend, but Vice President Vance's trip there was put off and Switzerland said the negotiations have been postponed.
The agreement, as read by senior U.S. officials, allows Iran to immediately begin exporting oil and petroleum products.
President Trump warned he could order new strikes if Iran's leaders "don't behave." The U.S. and Iran signed the memo of understanding remotely, a White House official said.
Senior U.S. officials say President Trump and Iran's top negotiator have already remotely signed a memorandum of understanding ahead of an expected signing ceremony.
Pakistan's prime minister said Sunday the U.S. and Iran had reached a deal that includes "the immediate and permanent termination of military operations on all fronts, including in Lebanon."
An Iran-linked hacker group claims to have breached FBI drones and has threatened to target the World Cup, a monitoring group says. The monitor disputes some of the other group's claims.
President Trump said earlier Thursday he called off new military strikes on Iran, hours after threatening to escalate the war.
The vice president says the U.S. and Iran are "very close" to a deal, but are "not there yet." Meanwhile, the U.S. struck Iran, which retaliated against a U.S. base.
As Iran accuses the U.S. of a "grave violation" of the fragile ceasefire, Rubio says a deal is still possible despite the latest clash.
As the Trump administration signals hope for a possible deal, Iran says obstacles linger and that "frequent changes" in U.S. positions aren't helping.
There is broad commitment on the principles of a deal, a senior Trump administration official said, and the administration feels positive about where things stand.
Republicans are struggling to find the votes to dismiss legislation that would compel President Trump to withdraw from the war with Iran.
Asked what he said to Israel's leader about a decision to hold off on new Iran strikes, Trump said Netanyahu will "do whatever I want him to do."
President Trump had warned Sunday that "the Clock is Ticking" for Iran to accept a peace agreement.
President Trump said "there won't be anything left of them" if Iranian leaders do not "get moving, FAST."
A deal is taking shape for the U.S. and Ukraine to jointly develop and build weapons that have been at the forefront of the wars in both Ukraine and Iran.
President Trump said Americans' financial situation isn't motivating him to make a deal, "Not even a little bit," and that he is only focused on preventing Iran from getting nuclear weapons.
U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.
