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The Latest Breaking News from Iran

US-Iran Peace Hopes Push the S&P 500 and Nasdaq 100 to Record Highs

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.80%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.40%. June E-mini S&P futures (ESM26 ) rose +0.79%, and June E-mini Nasdaq futures...

Barchart

Trump is sending 10,000 more troops to the Middle East as Iran standoff deepens - REPORT

The Trump administration is sending roughly 10,000 additional U.S. troops to the Middle East, a major military reinforcement that signals Washington is preparing for a deeper and potentially longer confrontation with Iran even as President Donald Trump insists the crisis could end soon.

Latin Times

Chevron executive asks Americans to drive less amid Iran war

Chevron executive Andy Walz suggested Americans could save money by driving less and trying to conserve energy. "People should try to drive less. They should try to conserve energy," Walz told CBS News when asked how Americans could try saving money at the pump. "We should be doing that all…

The Times of India

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‘Close to being over’: Donald Trump is speed running a peace deal with Iran as the war he chose is costing him everything

The naval blockade is still on, though.

We Got This Covered

Pentagon ramps up plans for military operation in Cuba in case Trump orders direct intervention: report

Earlier this week, Trump said ‘we may stop by Cuba’ after the Iran war is resolved

The Independent UK

Wall Street scales fresh record high as investors bet on end of Iran war

The S&P breached 7,000 points for the first time in history, in a rally that erased stark losses incurred at start of war

The Guardian - US

S&P 500, Nasdaq Composite Reach Record-High On Hopes End Of Iran War is Near

The S&P 500 reached a new record on Wednesday, extending gains seen throughout the week on investors' hopes that an end to the war in Iran could be near.

International Business Times

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Trump-loyalist Vance sees no problem in telling the Pope to ‘stick to matters of morality’ while he continues to promote his own book on Catholicism

Vice President J.D. Vance just drew a hard line between the Vatican and the White House, telling Pope Leo XIV to “stick to matters of morality” and leave American public policy to the president. The clash comes after the first American pope publicly criticized the administration’s stance on Iran and…

The Mary Sue

Major humiliation for Donald Trump as ships ignore his Hormuz blockade bluff and sail right through

Donald Trump’s high-stakes gamble to squeeze Iran by blockading the Strait of Hormuz just got a reality check. Within hours of the U.S. Navy’s supposed ironclad blockade taking effect, multiple ships — including some linked to Iran and even a Chinese tanker — sailed right through the waterway like it…

The Mary Sue

Elizabeth Warren on her proposal to bring back IRS Direct File: ‘For just one day of bombing Iran, we could pay for 20 years’

“For years, giant tax prep companies like TurboTax and H&R Block have rigged our system so they can cash in on your hard-earned dollars.”

Fortune

Trump would "welcome" Israel-Lebanon ceasefire: U.S. official

Trump would "welcome and be happy with an end of hostilities."

Axios

‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion

Linda Bilmes, along with economist Joseph Stiglitz, previously calculated the true cost of the 2003 Iraq war was at least fourfold greater than initially projected.

Fortune

Dollar Eases as S&P 500 Posts a Record High

The dollar index (DXY00 ) on Wednesday fell by -0.07%. The dollar fell slightly on Wednesday after the S&P 500 rallied to a new all-time high, reducing liquidity demand for the dollar. Also, geopolitical tensions eased and weighed on the dollar after the AP reported that the US and Iran...

Barchart

'Discussions are being had' on second round of Iran talks in Pakistan, White House says

Negotiators are focusing on three key points that derailed last weekend's talks, including Iran's nuclear programme, the Strait of Hormuz and compensation for wartime damages.

Euronews

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The Independent UK

Senate once again refuses to restrain Trump in Iran war powers vote

IN FULL

The Guardian - UK

US and Iran in indirect talks to extend two-week ceasefire

White House feels ‘good about the prospects of a deal’ as Pakistani officials launch new round of diplomacy

Latin Times

Defense Secretary Pete Hegseth Faces Impeachment Case in the House

Rep. Yassamin Ansari today formally introduced articles of impeachment against Defense Secretary Pete Hegseth, accusing him of violating his oath of office, endangering U.S. servicemembers and authorizing or enabling unlawful military actions tied to the ongoing conflict with Iran.

Barchart

Possible US-Iran Ceasefire Extension Knocks Crude Prices Lower

May WTI crude oil (CLK26 ) on Wednesday closed down -0.05 (-0.05%), and May RBOB gasoline (RBK26 ) closed up +0.0297 (+0.98%). Crude oil and gasoline prices settled mixed on Wednesday, with crude falling to a 3-week low. Crude prices came under pressure on Wednesday after the AP reported that...

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The Independent UK

Live Nation and Ticketmaster found to be an illegal monopoly by jury in antitrust trial

Live Nation executive Benjamin Baker apologized on the stand for internal messages between colleagues calling customers ‘so stupid’ for paying the ticket prices

The Independent UK

Teen whose eye was surgically removed after DHS shot him files civil rights complaint: ‘I’m in no way an agitator. I just had my camera’

Tucker Collins seeks $100M in damages after less-lethal munition struck his face and destroyed his eye

The Independent UK

A teenage US soldier went missing during the Korean War. Now, 75 years later, his remains have been accounted for

U.S. Army Sergeant Celestino Chavez Jr. of Gallup, New Mexico, had left a letter with his mother telling her not to cry if he didn’t make it back from the war

Space

Space combat was 'critical to mission success' in US war in Iran, Space Force chief says

The head of the U.S. Space Force said the United States' ongoing war in Iran shows the service has become a fully "combat credible" force.

The Independent UK

Senate votes against restraining Trump on Iran after Fetterman crosses Democrats once again

Democrat resolution fails as GOP Senate caucus remains in near lockstep support of Iran war

Roll Call

Theological squabble distracts from Tax Day messaging

On a day when they had hoped to focus messaging on last year’s tax cut law, congressional Republicans spent Tax Day focusing on theology. A dayslong spat between the Trump administration and the Vatican left lawmakers urging the White House to stay in its lane on matters of liturgy and…

The Conversation

Iran’s military forces combine state-of-the-art drones and hackers with out-of-date conventional weapons

Six weeks of U.S. and Israeli bombardment have served to degrade Iran’s nuclear facilities and cripple parts of its military.

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