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The labor market rebounded in March as U.S. employers added 178,000 jobs.

Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.

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A search is underway for two crew members after a U.S. fighter jet was reportedly shot down in Iran.

Iran shot down a U.S. fighter jet over the country, U.S. officials and Iranian media said. The fate of the crew was unclear.

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Trump asks Congress to boost defense spending to $1.5 trillion, the largest such request in decades

Trump is calling on Congress to back a $1.5 trillion defense budget alongside major cuts to domestic programs

The U.S. unemployment rate dips to 4.3% as employers added a surprisingly strong 178,000 new jobs and fewer people were competing for jobs.

U.S. adds 178,000 jobs in March as unemployment drops in surprise turnaround

The White House said it would ask Congress for about $1.5 trillion for defense in 2027, its highest level in modern history.