US Politics

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Kevin Warsh, incoming chairman of the US Federal Reserve, left, and US President Donald Trump during a swearing-in ceremony in the White House.

The Federal Reserve must soon give Donald Trump bad news

Kevin Warsh, the unlucky new chairperson, has seen his case for lower interest rates disintegrate.

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Donald Trump has hinted at a major back flip with Iran as tensions soar and attacks rain down.

‘Stupid’: Trump’s shock Iran ceasefire deal backflip

US President Donald Trump has shocked with fresh comments about abandoning a peace deal with Iran, as war between the two nations intensifies.

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The Foreign Minister has issued a defiant warning to Iran, declaring Australia is determined to “stand up”.

Wong vows Australia will ‘stand up’ to Iran threat

Australia has joined more than 20 nations condemning Iran, with Penny Wong vowing to ‘stand up’ to the regime’s interference.

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US President Donald Trump says Iran’s government has already agreed to not obtain a nuclear weapon.

Trump’s stern warning for Iran after his shocking confession

US President Donald Trump says Iran has taken too long to negotiate a deal as a nuclear watchdog urged it to declare its uranium and allow in inspectors.

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Shoppers at a grocery store in Brooklyn on March 19, 2026. US inflation accelerated for a third-straight month in May amid a stalemate in negotiations to end the war with Iran, adding to the price pressures confronting consumers.

US inflation spikes as Iran war intensifies price squeeze

America’s consumer prices rose at a faster rate for a third-straight month in May, to 4.2 per cent annually, as the energy shock put more pressure on the US economy.

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The conflict in Iran has helped push US inflation to its highest pace in three years.

Iran war pushes US inflation to highest pace in three years

America’s inflation level hit 4 per cent for the first time in three years in May, driven by surging gas prices from the Iran war.

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Many traders on Wall Street expect the Fed will need to hike interest rates to curb inflation. (AP PHOTO)

Iran war pushes US inflation to highest pace in three years

America’s inflation level hit 4 per cent for the first time in three years in May, driven by surging gas prices from the Iran war.

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US has completed its strikes in response to Iran’s downing of Army Apache chopper.

US ramps up strikes on Iran after army chopper downed

The exchange of fire between the US and Tehran presented a new test for the increasingly tenuous ceasefire in the volatile region.

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Donald Trump vows to strike back after Iran helicopter attack.

Trump vows revenge after Iran downs US helicopter

Donald Trump has vowed the US will respond after claiming Iran shot down an American Apache helicopter over the Strait of Hormuz.

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A rare public rift is emerging between Donald Trump and Benjamin Netanyahu.

Trump flexes power, leaving Netanyahu with limited room

A rare public rift is emerging between Donald Trump and Benjamin Netanyahu as the US president asserts unprecedented control over Israel’s military and diplomatic decisions on Iran.

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U.S. President Donald Trump at Madison Square Garden.

Trump booed as security tightened for NBA Finals blockbuster

WATCH: US president Donald Trump has received a largely negative reaction amid an appearance at an NBA Finals game that saw security ramped up in New York City.

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Donald Trump scrambles to save fragile ceasefire.

‘Stop shooting’: Trump’s demand as Iran and Israel back down

US President Donald Trump warned that ‘ignorance or stupidity’ could derail peace efforts as Iran and Israel agreed to halt fresh attacks.

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A poll in late May found that roughly 60 percent of Israelis say Israel should intensify its fight against Hezbollah in Lebanon.

Why war-weary Israelis want to keep fighting in Lebanon

When asked about the IDF’s occupation in Lebanon, a former Israeli general was blunt: “Is it going to last 10 years or more? I don’t know.”

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