Jim Taiclet spoke in earnings call as company expands contracts with the US government amid the Iran warLockheed Martin’s CEO has called the Trump administration a “golden opportunity” for the company as it expands its contracting work for the federal government amid the conflict in the Middle East.In an earnings call on Thursday covering the first quarter of 2026, Lockheed Martin CEO Jim Taiclet told investors that the company is well positioned “based on more available resources for us”. Continue reading...
Marijuana had same classification as heroin, LSD and others before Trump signed an order to move it to schedule IIISign up for the Breaking News US email to get newsletter alerts in your inboxThe Trump administration has moved to reclassify marijuana, more than four months after Donald Trump signed an executive order directing the attorney general to move it from schedule I to schedule III under the Controlled Substances Act.The schedule I classification meant marijuana was alongside heroin, LSD, MDMA and synthetic opioids, whereas a schedule III classification put it in the same category as ketamine, anabolic steroids and testosterone. Continue reading...
Conservative host says he’s ‘tormented’ by previous support for Trump – could this presage his own run for president?He can’t live with him and can’t live without him. But, finally, the conservative podcaster Tucker Carlson seems to have made up his mind about Donald Trump. Their up-and-down marriage of political convenience is heading for the divorce court.On Tuesday Carlson admitted that he will be “tormented” for a long time by his support for Trump in the 2024 US presidential election “and I want to say I’m sorry for misleading people”. What he did not say is whether this presages his own run for president in 2028. Continue reading...
• President Trump expressed optimism that an Iran peace deal is 'looking very good,' signaling potential near-term resolution to the US-Iran conflict that has destabilized financial markets.
• Investors are actively weighing the likelihood and terms of a potential Iran truce as a key variable influencing near-term market direction and energy price trajectories.
• Geopolitical risk premiums embedded in oil prices and equity valuations could face significant repricing if a comprehensive ceasefire agreement is formally announced.
US president told reporters he was ‘not happy with Australia because they were not there when we asked them to be there’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastDonald Trump has again accused Australia of not doing enough to help him in the Middle East war, claiming the US “asked them to be there” despite Australia’s defence minister saying there had been no “specific request”.The US president made the comments while taking questions from reporters, including Australian correspondents, as he left the White House on Thursday. Continue reading...
The defence minister insists that increases in spending did not happen because of thinktanks, retired generals ‘or washed-up bureaucrats’Get our breaking news email, free app or daily news podcastIf there’s anyone who knows just how much pressure Donald Trump is heaping on allies to lift defence spending, it’s Richard Marles.The message was received loud and clear when he met his US counterpart, Pete Hegseth, in Singapore nearly a year ago. Continue reading...
• A defiant House incumbent facing low polling numbers and a fragmented base has announced he will not yield to pressure to step aside for another centrist candidate, Zohran Mamdani, in an upcoming primary.
• The incumbent's decision to remain in the race despite weak polling reflects confidence in his political base despite internal party divisions.
• The contested primary underscores Democratic Party tensions between progressive and centrist factions as ambitious candidates position themselves for the upcoming midterm cycle.
President has long been a fan of mixed martial artsIvanka and Donald Trump Jr also at eventDonald Trump and US secretary of state Marco Rubio attended a UFC event in Miami night on Saturday as peace talks with Iran failed on the other side of the world.Trump entered the Kaseya Center shortly after 9pm alongside several members of his family and UFC chief Dana White, who has been a supporter of the president since his first term. Seated nearby was Rubio as well as US ambassador to India Sergio Gor, the rapper Vanilla Ice and former FBI deputy director Dan Bongino. Continue reading...
• The White House touted a robust March 2026 jobs report on April 3, signaling accelerating economic momentum under President Trump.
• Specific figures highlight gains in employment and wage growth amid policy implementations.
• The data bolsters Trump's economic narrative ahead of midterm elections.
Anger in France after US president puts on French accent and mocks Macron during private lunch in WashingtonEurope live – latest updatesEmmanuel Macron has said Donald Trump’s comments about his marriage were “neither elegant nor up to standard” after the US president put on an accent and mocked his French counterpart and his wife during a private lunch in Washington.Arriving in South Korea on Thursday, Macron made clear his displeasure at Trump’s comments, which appeared briefly in a video on the White House YouTube channel before being removed. Continue reading...
Brent crude jumps 6.5% as US president vows to hit Iran ‘extremely hard’ over coming weeksBusiness live – latest updatesOil prices soared and stocks sank after Donald Trump vowed in a televised speech to hit Iran “extremely hard” over the coming weeks, knocking investors hopes of a near-term end to the conflict in the Middle East.Brent crude prices jumped by 6.5% on Thursday morning to more than $107.6 a barrel, reversing Wednesday’s drop when hopes of a de-escalation pushed the international benchmark below the $100-a-barrel mark at one point. Continue reading...
Court case will weigh the constitutionality of his contentious bid to end birthright citizenship President Donald Trump will watch the US supreme court hear a landmark case today weighing the constitutionality of his contentious bid to end birthright citizenship – an extraordinary and possibly unprecedented move for the nation’s highest office.Trump signed an executive order on his return to the White House decreeing that children born to parents in the United States illegally or on temporary visas would not automatically become US citizens.Trump signed an executive order seeking to restrict mail-in voting across the US with a series of new requirements, including the establishment of a national voter list.The move was unprecedented and likely unconstitutional, according to experts. The Brennan Center said in response, “He has no lawful authority to write the rules that govern our elections. He tried a year ago; we sued him; we won. A year later, he has tried again. He can expect the same result.”Several states and Democratic officials criticized the order, describing it as an illegal attack that amounted to voter suppression ahead of the midterms, and said they will take legal action to stop the president, including California.Trump continued to fume over today’s ruling from a US judge that halted the construction of his $400m White House ballroom, and sharply criticized the decision during a press briefing and on social media.Pete Hegseth lifted the suspension of the crew of the military helicopters that hovered near the home of singer Kid Rock, and said there would be no investigation. Continue reading...
US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in AsiaBusiness live – latest updatesOil prices tumbled and stock markets rallied across the world on Wednesday after Donald Trump said the war in Iran would end in “two to three weeks”.Brent crude, the international benchmark for oil, dropped to $99.78 a barrel, down more than 15% compared with its price on Tuesday – its lowest level in a week. Continue reading...
• The S&P 500 rose over 1.5% and Nasdaq climbed nearly 2% Monday after the White House signaled it may abandon America's role in reopening the Strait of Hormuz, with Trump telling allies on Truth Social to "build up some delayed courage" and secure the strait themselves.
• Trump wrote on social media: "You'll have to start learning how to fight for yourself, the U.S.A. won't be there to help you anymore, just like you weren't there for us," signaling a potential shift toward military disengagement despite ongoing operations.
• The mixed messaging coincides with U.S. gas prices crossing $4 per gallon Tuesday—up more than $1 from February 27—marking the first time since 2022's Ukraine crisis energy shock, while Trump's approval rating has dropped to -16.7, a record low for his second term.
• President Trump's hold on the Republican Party faces its first major test in 2026 with upcoming primaries and special elections in Indiana, Georgia, Louisiana, and Kentucky.
• In North Georgia's special election runoff on April 7, Trump-backed Clayton Fuller competes against Democrat Shawn Harris in a district Trump won by nearly 70% in 2024, where a narrow win could signal waning GOP enthusiasm.
• Efforts to unseat Rep. Thomas Massie (R-Ky.), a vocal Trump critic, intensify with funding from Chris LaCivita's groups and the Republican Jewish Coalition targeting his Northern Kentucky district.
The US president thumbs his nose at concerns about the most serious energy crisis in global history. But Australia, like other countries, is paying a high priceGet our breaking news email, free app or daily news podcastGently, about 10 days ago, Anthony Albanese tried to send Donald Trump a message about the escalating war in Iran.In a Hobart radio interview, the prime minister said the US had achieved its original justifications and should bring hostilities in the Middle East to an end. Continue reading...
Pontiff’s unusually pointed comments come after Pete Hegseth’s prayer for violence against enemies ‘who deserve no mercy’Pope Leo has said God ignores the prayers of leaders who wage war and have “hands full of blood” in an apparent rebuke to the Trump administration.The pontiff made the comments on Sunday as thousands of US troops arrived in the Middle East and days after the US defence secretary, Pete Hegseth, prayed for violence against enemies who deserved “no mercy”. Continue reading...
• Over 3,000 'No Kings' protests are planned across the U.S. and worldwide on March 28, potentially marking the biggest day of protest in U.S. history against the Trump administration.
• Organizers like Leah Greenberg of Indivisible state participants are rallying in every state and county to oppose illegal war abroad and secret police at home.
• Protests echo the rallying cry 'In America, we have no kings,' building on prior nationwide demonstrations amid geopolitical tensions.
• Democrat Emily Gregory, a first-time fitness business owner, defeated Republican Jon Maples in a Florida State House special election for a district encompassing President Trump's Mar-a-Lago home.
• Maples was endorsed by Trump and aligned with his policies, yet Gregory flipped the seat previously won by 19 points by Republican Mike Caruso in 2024.
• The stunning upset signals building Democratic momentum ahead of the 2026 midterms in Trump's backyard.
• Democrat Emily Gregory won a special election on March 24, 2026, flipping a solidly Republican Florida state legislative district that includes President Trump's Mar-a-Lago estate in Palm Beach.
• The victory serves as a warning sign for Republicans amid high gas prices driven by the Iran war, unprecedented airport security delays from a five-week partial government shutdown, and voter concerns over living costs and inflation.
• President Trump rallied the GOP at the National Republican Congressional Committee's fundraising dinner on March 25 in Washington, promising 'bigger majorities' despite polling showing public disapproval of U.S. military action in Iran and weakening labor market.
Emily Gregory defeats Republican Jon Maples in district that is home to US president’s Palm Beach estateDemocrats managed to flip a seat in the Florida state house in the district that is home to Donald Trump’s Mar-a-Lago.Emily Gregory, a Democrat, defeated Republican Jon Maples, who had an endorsement from the US president. The Associated Press called the race on Tuesday evening. Continue reading...
Incumbent Mette Frederiksen widely predicted to continue as PM but neither bloc expected to be able to form majorityDenmark election: far right has slowed under Frederiksen – but at what cost?After votes in France, Germany, Italy, Slovenia over the weekend, it’s now time for Denmark, as Danes go to the polls today amid the backdrop of (waves arms) everything, everywhere, all at once.As our Nordic correspondent Miranda Bryant explains, the incumbent, Mette Frederiksen, has been widely predicted to continue as prime minister after the election. Continue reading...
Oklahoma senator, confirmed in 54-45 vote, replaces Kristi Noem to lead president’s immigration crackdownSign up for the Breaking News US email to get newsletter alerts in your inboxThe US Senate on Monday confirmed Markwayne Mullin to serve as secretary of the Department of Homeland Security, elevating the Republican senator to a role where he will be among the public faces of Donald Trump’s crackdown on undocumented immigrants.The Republican controlled chamber confirmed Mullin largely along party lines, with a vote of 54-45. Continue reading...
Tehran denied negotiations that delayed US strikes and Trump was vague on the details, but talks signal renewed push for peace from regional powersThere have been so many abortive rounds of diplomacy between the US and Iran – the latest appearing to be led by Pakistan after Washington has burned through many other regional mediators – that it was hardly a surprise that President Trump’s claims of “very good” talks with Tehran initially provoked disbelief – especially after Iran denied that any negotiations were taking place at all.Nonetheless, standing beside Air Force One, Trump did his best to sell the sudden detente with little detail as a US ultimatum to bomb Iran’s power plants loomed unless Tehran opened up the strait of Hormuz. It was lost on few that the sudden about-face came just hours before US markets were to open for what promised to be another punishing round of trading on Monday. Continue reading...
• US stock markets rallied sharply on Monday after President Trump announced a postponement of threatened strikes on Iran's power plants, citing 'very good and productive' talks that eased Middle East escalation fears.
• The Dow Jones Industrial Average rose 2% (approximately 900 points), while the S&P 500 and Nasdaq Composite both jumped around 1.9% and 2.1% respectively, with Russell 2000 futures up 3%.
• The rally was triggered by Trump's Truth Social post reversing his earlier 48-hour ultimatum for Iran to reopen the Strait of Hormuz by 7:44 p.m., which had previously sent markets into decline on Friday.
Stocks slump in Asia and Europe, gold slides and investors brace for higher oil prices after US president’s threatBusiness live – latest updatesMiddle East crisis – live updatesGlobal stock markets dropped sharply on Monday after Donald Trump threatened to “obliterate” Iran’s power plants unless the strait of Hormuz is opened.Stock markets in Asia and Europe slumped at the start of the week. Japan’s Nikkei share index dropping by 3.4%, China’s CSI 300 down 2.8%, and the South Korean Kospi fell 6.5%. Continue reading...
• President Donald Trump issued a 48-hour ultimatum demanding Iran reopen the Strait of Hormuz or face U.S. "obliteration" of key energy infrastructure, escalating the ongoing conflict into its fourth consecutive week.
• U.S. stock index futures fell sharply Sunday evening: S&P 500 futures declined 0.3% to 6,542.25 points, Nasdaq 100 futures fell 0.4% to 24,008.0 points, and Dow Jones futures dropped 0.16% to 45,821.0 points, reflecting market anxiety over potential military escalation.
• Major indexes have posted cumulative losses of 4-7% over the past 30 days as concerns mount over the long-term economic impact of prolonged conflict, compounded by stronger-than-expected inflation data reducing expectations for Federal Reserve rate cuts this year.
• The US is deploying 2,200 Marines and thousands of sailors aboard three Navy warships, including the USS Boxer, from San Diego to the Middle East to support operations in the Iran conflict and reopen the Strait of Hormuz.
• President Trump announced the US is 'getting very close' to meeting objectives in Iran and considering 'winding down' military efforts, while claiming to have decimated Iran's navy, air force, and anti-aircraft capabilities.
• Despite Trump's signals, Iran continues firing missiles at Israel and tightening control over the Strait of Hormuz, driving global oil prices higher and causing US stock market declines; death toll exceeds 1,300 in Iran and 1,000 in Lebanon.
Copenhagen was so shaken that it sent blood supplies in readiness for battle, according to Danish mediaDenmark reportedly readied itself for potential attack from the US in January – flying bags of blood to Greenland and explosives to blow up runways in case of battle with its former closest ally.During the tense days when Donald Trump threatened to take over Greenland, a largely autonomous territory that is part of the Danish commonwealth, “the hard way”, Copenhagen was so shaken that it started preparing for US invasion, according to Danish public broadcaster DR. Continue reading...
• Markwayne Mullin appeared before the Senate Homeland Security Committee on March 18 for his confirmation hearing as Trump's DHS nominee, replacing fired Secretary Kristi Noem, and pledged to secure funding for the department amid a Democratic standoff over immigration enforcement constraints.
• Mullin defended Trump's mass deportation agenda against Democratic concerns about aggressive enforcement operations, while Republican Sen. Rand Paul challenged Democrats' criticism and Mullin stated "We just don't get along" with Paul during heated exchanges.
• Democrats, led by Sen. Gary Peters of Michigan, expressed reservations about Mullin's readiness, citing reports that DHS officers have been accused of smashing car windows, roughing up bystanders recording activities, and detaining immigrants in poor conditions.