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Pentagon poised to ask Congress for up to $200B to fund Iran war

The Pentagon is preparing a supplemental request to Congress of up to $200 billion to finance U.S. operations in the Iran conflict as strikes hit energy infrastructure and markets react.

Number

6.22% - US 30-year fixed mortgage rate as Iran war boosts inflation fears

Quote

“We wanted it to be a surprise. Who knows better about surprise than Japan?” — Donald Trump

SPX 6,606 ↓ 0.27% Dow 46,021 ↓ 0.44% Nasdaq 22,091 ↓ 0.28% Gold 4,651 ↑ 0.98% BTC 70,218 ↑ 0.42%

24 Hours

US targets mine-laying vessels in Strait of Hormuz amid Iran disruption

The U.S. and allies are escalating military and security moves around the Strait of Hormuz as Iran and Israel trade strikes, threatening shipping and energy infrastructure across the region.

Iran strikes Qatar’s natural gas plant after Israeli attack on key gas field

Iran’s retaliatory attacks on regional energy and infrastructure are driving immediate market pressure and raising the risk of further escalation involving multiple countries.

US intelligence chief admits US and Israel not aligned on Iran war goals

Defense officials and national security leadership are arguing about war goals and troop posture as U.S. policy narratives shift between lawmakers, intelligence testimony, and battlefield updates.

Republicans balk at going it alone on Iran war funding

Pentagon funding and congressional approval are in focus as the administration seeks major supplemental money and Republicans debate how far to go without a clear mandate.

Central banks brace for faster inflation as energy prices surge

Market volatility is spreading through inflation, bonds, commodities, and household economics as Iran-related energy shocks feed into pricing across the economy.

Average US long-term mortgage rate rises to 6.22%

Housing costs are reacting to the Iran-driven energy shock, with mortgage rates climbing and pressuring buyers.

FBI shuts down Iran-linked hacker group websites

Cyber operations tied to Iran are prompting FBI takedowns and heightened security concerns over broader digital disruption.

DHS shutdown drags on as DHS funding talks get serious

Domestic security and law-enforcement turbulence are hitting federal agencies, including DHS funding fights, TSA staffing, and ICE detention controversies.

Judge denies asylum claim of family of Liam Ramos paving way for deportation

Federal immigration enforcement and asylum rulings remain in the headlines, with court decisions and custody controversies drawing national scrutiny.

Nashville immigration reporter Estefany Rodríguez released from ICE custody

A high-profile dispute over press freedom and immigration custody is unfolding after a Nashville immigration reporter is released from ICE custody.

Comey subpoenaed in DOJ’s Trump “grand conspiracy” investigation

U.S. intelligence and Justice Department actions involving former FBI Director James Comey are expanding in a “grand conspiracy” investigation tied to Trump-era disputes.

Senate Homeland Security advances Markwayne Mullin nomination 8-7

Federal homeland security leadership is moving through confirmation politics while DHS remains unfunded and contentious.

Thousands of Moldovans cut off from water after Russian strike on Ukrainian hydropower plant

Global incidents and tensions in Europe and the UK are emerging alongside the Iran conflict, including strikes, energy impacts, and defense planning.

Alaska Airlines jet nearly collides with FedEx cargo plane at Newark

Air and maritime incidents are linked to the broader security environment, including near-misses and emergency landings tied to Iran hostilities.

WTO chief most worried about food disruption as Middle East war drags on

International energy and trade disruptions are reshaping currency, commodity supply, and global trade flows as the Middle East conflict deepens.

White House eyes Friday rollout for AI framework

Technology and AI policy are heating up, with enforcement changes and regulatory frameworks under development.

US charges three people with conspiring to divert AI tech to China

US AI and chip policy are moving from talk to charges, as prosecutors target alleged diversion of AI technology to China.

FCC greenlights Nexstar $6.2B merger with Tegna

Major corporate and regulatory changes are hitting media markets, with the Nexstar Tegna merger facing lawsuits and FCC approval.

Treasury taking over federal student loans amid dismantling of Dept. of Education

The federal student loan portfolio is being shifted out of the Education Department as management responsibilities move to Treasury.

ABC pulls Bachelorette season with Taylor Frankie Paul after domestic abuse video

Press and social institutions are colliding with legal and political fights, including major cancellations and high-stakes investigations.

NASA moving Artemis II back onto launchpad after moon mission delays

Aspirational Hollywood and culture events are still making headlines, including major scientific and cultural announcements amid the news cycle.

Body of missing Illinois student found in waters off Barcelona

A tragic missing-student case in Spain is ending with a confirmed body recovery and identification.

LA scammers used fake death certificates and Costco cards to steal identities and score millions

High-impact public safety and criminal justice cases continue, including violent crime investigations and legal outcomes.

California moves to rename Cesar Chavez Day after sexual abuse allegations

Cesar Chavez-related allegations and the resulting push to remove honors are driving a rapid national reckoning over legacy and public symbols.