• During a heated Senate Armed Services Committee hearing, Senator Kirsten Gillibrand directly challenged Defense Secretary Pete Hegseth over rising Iran war costs, specifically questioning reports of a potential $200 billion additional spending request.
• Gillibrand pressed Hegseth on the lack of evidence that military operations have made Americans safer, arguing the massive spending burden conflicts with domestic economic pressures and inflation affecting citizens.
• Hegseth defended the campaign as a necessary and "defined mission" with strategic objectives, comparing it to long-term conflicts like Iraq and Afghanistan, highlighting growing Washington tension over war costs and direction.
• The American Heart Association released a Presidential Advisory on April 30, 2026, declaring U.S. health care affordability at a crisis point due to rising costs driven by chronic diseases.
• Costs are forcing Americans to delay or avoid care, worsening health outcomes and increasing medical debt; a Gallup survey shows widespread worry about accessing affordable care.
• A McLaughlin & Associates poll found 51% of voters cite health insurance as their top concern, followed by hospital bills (11%) and medicine costs (10%).
Shares in Domino’s Pizza, KFC operator Collins Foods and multi-brand food franchise owner Retail Food Group have all suffered double-digit fallsGet our breaking news email, free app or daily news podcastOnce a symbol of cheap eating, fast food is transforming into a luxury many can no longer afford due to resurgent living costs.This shift is reflected on the ASX, where major pizza, fried chicken and doughnut outlets are seeing significant price drops, raising the question: are consumers so downbeat that they are even giving up on fast food? Continue reading...
Defense secretary to be quizzed by lawmakers on Senate armed services committee after bad-tempered session in House yesterdaySign up for the Breaking News US email Hello and welcome to our US politics coverage as Pete Hegseth faces a second day of grilling from Democrats on Capitol Hill, with senators getting their first opportunity to confront or praise the Pentagon chief over his handling of the Iran war.The defense secretary battled with Democrats - and some Republicans - yesterday during a nearly six-hour House armed services committee hearing, where he faced questioning over the war’s costs in dollars, lives and the diminishing stockpiles of critical weapons.US economic growth likely accelerated in the first quarter on a rebound in government spending after a crippling government shutdown. The anticipated increase in gross domestic product last quarter also would reflect robust growth in business investment in equipment, fueled by an artificial intelligence spending boom and the building of data centers underpinning the technology. Figures will be out at 8.30am ETKing Charles and Queen Camilla are expected to make stops in Virginia before wrapping up their US visit back at the White House on Thursday with a formal farewell from Trump. Charles will then travel solo to Bermuda on his first visit as king to a British overseas territory.Senate minority leader Chuck Schumer said that Democrats will once again force a vote on a war powers resolution on Iran, the sixth time in recent weeks. “This week, Democrats will force a vote on our war powers resolution for the sixth time. We’ll continue to force votes every week as this war rages on,” Schumer said from the Senate floor.The House approved a three-year reauthorization of a divisive US surveillance program ahead of its expiration on Friday, adding new oversight measures but stopping short of the warrant requirement that critics have demanded. A large group of Democrats joined most Republicans in passing the bill by a 235-191 vote.Trump once again reinforced his feelings towards James Comey in a social media post. Commenting on the accusation that the former FBI director called for him to be killed after posting a picture of some seashells in a pattern showing 86 47, Trump wrote: ““86” is a mob term for “kill him.” They say 86 him! 86 47 means “kill President Trump.”James Comey, who is a Dirty Cop, one of the worst, knows this full well! EIGHT MILES OUT, SIX FEET DOWN! Didn’t he also lie to the FBI about this??? I think so!”. Trump is the 47th president of the US.The US supreme court’s conservative majority struck down a major element of the Voting Rights Act which protects against racial discrimination in redistricting, in a ruling that paves the way for aggressive gerrymandering in states across the nation that could affect elections for years to come.The Florida Legislature approved a new congressional map intended to maximize Republicans’ advantage in the state as part of the national redistricting battle that Republicans launched ahead of this year’s midterms.Outgoing Federal Reserve chair Jerome Powell said he will stay on as a central bank governor when his leadership term ends in just over two weeks.The Department of Justice announced on Wednesday that three anti-ICE protesters have been charged with allegedly assaulting Savannah Hernandez, a rightwing video journalist who was shoved to the ground during a skirmish with three members of a family outside an immigration detention facility in St Paul Minnesota this month. Continue reading...
Consumer insight tracker shows 85% are worried about food prices and a majority think the economy will deteriorateThree million UK households are being forced to skip meals as consumers resort to drastic measures to deal with rising costs, according to a Which? report published on Thursday.The conflict in the Middle East and subsequent surge in oil and raw material prices has led to businesses preparing to raise prices, putting more pressure on household finances and hitting consumer confidence. Continue reading...
• Gas prices have surged above $4 per gallon and flights skyrocketed as the Strait of Hormuz blockade impacts energy markets amid the US-Israel war with Iran, eroding Trump's key political advantage.
• More than three-quarters of registered voters—including over half of Republicans and 82% of independents—now blame Trump for the cost-of-living crisis affecting fuel, groceries, housing, and healthcare.
• Trump's second-term approval ratings have fallen far faster than previous presidents after a government shutdown, tariffs, and the joint US-Israel attack on Iran, with Federal Reserve Chair Jerome Powell warning the war is fueling inflation.
• Nearly two-thirds (64%) of U.S. adults worry about affording health care costs, with 30% very worried, topping affordability concerns over gas prices.
• Health care affordability remains the public's primary worry despite other economic pressures.
• Poll highlights ongoing financial strain on households amid rising medical expenses.
As his defense secretary testified before House committee, Trump posted AI-generated image of himself with a weapon and a caption saying ‘NO MORE MR. NICE GUY’Pete Hegseth has denied that the US-Israel war on Iran is “a quagmire” and claimed critics of the operation posed a greater threat to the US than Iran itself, as he came under pressure to set out Washington’s strategy for the conflict.Appearing before the House armed services committee alongside Gen Dan Caine, chair of the joint chiefs of staff, the US defense secretary asked lawmakers to approve a $1.5tn budget in military spending – and then described some of them as “the biggest challenge” to the war effort. Continue reading...
Brown calls for police to look into former prince’s use of public funds as he says he had colleague raise issue in 2008Gordon Brown has revealed he ordered that Andrew Mountbatten-Windsor be questioned about incurring “unacceptable costs” as a trade envoy in 2008, as he called for the police to widen their inquiry to include the use of public funds.The former prime minister said he asked a colleague from the business department to question Mountbatten-Windsor about his travel expenses. Continue reading...
Insolvency firm points to tax rises, staff costs and shaky consumer confidence after number increases to 62,193The number of UK businesses in “critical financial distress” has risen by more than a third over the past year, according to insolvency practitioners, as companies contend with a “slew of increased taxes” and the impact of the Middle East conflict.Hospitality and leisure firms have been faring particularly badly because of shaky consumer confidence, and rising taxes and staff costs, according to research by the restructuring company Begbies Traynor. Continue reading...
