Pentagon announces Randy George retiring from role as US army chief of staff, βeffective immediatelyβSign up for the Breaking News US email to get newsletter alerts in your inboxRandy George, the US armyβs top officer, is stepping down from his role after defense secretary Pete Hegseth reportedly requested that he retire immediately. The Pentagon confirmed on Thursday that George, who had been serving as the armyβs 41st chief of staff, is retiring.βGeneral Randy A. George will be retiring from his position as the 41st Chief of Staff of the Army effective immediately. The Department of War is grateful for General Georgeβs decades of service to our nation. We wish him well in his retirement,β Pentagon chief spokesperson Sean Parnell said in a statement shared on social media. Continue reading...
Senate-passed funding plan for DHS languishes despite agreement between Republican congressional leadersSign up for the Breaking News US email to get newsletter alerts in your inboxThe US House of Representatives on Thursday took no action on a compromise measure that would end the partial shutdown of the Department of Homeland Security (DHS), raising questions about how much longer the record-long funding lapse will persist.The department has been without funding since mid-February, after Democrats refused to vote for its appropriations unless Republicans agreed to new guardrails on federal agents involved in immigration enforcement operations. Continue reading...
β’ US stocks closed Q1 2026 attempting a rebound from the year's deepest downturn, with S&P 500 marking a second straight down month.
β’ Geopolitics and soaring oil prices dominated sentiment, boosting energy as the sole positive sector while industrials weakened most.
β’ Spot crude rallied 55.2% in March, the second-largest monthly gain in 40 years, lifting energy stocks significantly.
Measure that would fund homeland security but exclude money for ICE could conclude lengthy funding lapseAn end to the partial shutdown of the Department of Homeland Security (DHS) may be in sight, after Congressβs Republican leaders on Wednesday agreed to advance legislation that would fund the majority of the agencyβs operations, with the exception of those involved in immigration enforcement.The pact may conclude the longest such funding lapse in US history, which last month caused security lines to stretch for hours at some airports as employees of the Transportation Security Administration (TSA), a subagency of DHS, quit their jobs or called out of work after going weeks without pay. Continue reading...
β’ The U.S. Supreme Court ruled 6-3 on April 1, 2026, that state bans on conversion therapy for minors violate counselors' First Amendment rights.
β’ The decision overturns California's pioneering 2012 law and similar measures in over 20 states prohibiting practices aimed at changing sexual orientation.
β’ Chief Justice Roberts wrote the majority opinion, emphasizing licensed professionals' speech protections in private counseling.
Government keen to avoid panic as oil price surges, but perhaps households need advice on reducing consumptionLabour ministers sent out in recent days to respond to the looming energy crisis sparked by the Iran war have essentially stuck to that reassuring wartime slogan: keep calm and carry on.βI think people should go about their lives as normal, knowing that the government is taking action to bring energy bills down,β James Murray, the chief secretary to the Treasury, told BBC Radio 4βs Today programme on Tuesday. Continue reading...
Tabloid outlet has covered Republicans and Democrats relaxing at places like Disney World as shutdown drags onWhen US federal workers were missing paychecks and the partial government shutdown entered its seventh week, Lindsey Graham, a Republican senator from South Carolina, was doing what any responsible lawmaker would do: riding Space Mountain and carrying a bubble wand at Disney World in Florida.Naturally, TMZ had photos of the vacationing senator on its homepage a few days later. Continue reading...
β’ The Dow Jones Industrial Average and Nasdaq Composite have officially entered correction territory, each falling more than 10% from their recent peaks, signaling sustained market weakness across major indices.
β’ The S&P 500 declined 25.13 points to close at 6,343.72, down 0.4%, while deepening losses to 9.1% below its record set in early 2026; the Nasdaq composite fell 0.7% to 20,794.64.
β’ Wall Street has recorded its fifth consecutive week of losses, driven by rising geopolitical tensions from the US-Iran conflict combined with aggressive Trump administration tariff measures heightening market uncertainty.
Price of typical UK home increased by 0.9% in March, but surging mortgage rates amid conflict in Middle East is expected to put break on activityBusiness live β latest updatesUK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the Iran war is likely to lead to a slowdown in the market, according to Nationwide.The UKβs biggest building society said the price of a typical UK home increased by 0.9% month-on-month in March, the largest increase since December 2024. Continue reading...