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After Trump warns there's "much more to follow" after an Iranian bridge is blown up, Iran targets key oil, gas and water infrastructure in the Persian Gulf.
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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.
The White House said it would ask Congress for about $1.5 trillion for defense in 2027, its highest level in modern history.
An Iranian state TV affiliate says a U.S. fighter pilot ejected from an aircraft in Iran. The U.S. did not immediately respond to the claim.
Hiring rebounded in March, even as the nation weathered a global oil shock set off by the war in Iran
The U.S. added 178,000 jobs in March, an indication of resilience in what has been a muddled labor market
Employers added 178,000 jobs last month and the unemployment rate fell to 4.3 percent, a much stronger showing than expected.
Despite the labor market bouncing back from a rough February, the unemployment rate for recent college grads aged 22 to 27 stood at 5.7% in the fourth quarter of 2025, up from 5.3% in the prior quarter, according to the Federal Reserve Bank of New York’s latest data release.
