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Trump's Pentagon-first presidency

  • Zachary Basu
Trump threatens Iran with "hell" if Hormuz strait isn't open in 48 hours
Trump threatens Iran with "hell" if Hormuz strait isn't open in 48 hours
They stole $10 million worth of artwork, but they may not make a dime.
They stole $10 million worth of artwork, but they may not make a dime.
Your tax dollars are helping House members get reelected
Your tax dollars are helping House members get reelected
Judge rejects DOJ's bid to reinstate Powell subpoenas
Judge rejects DOJ's bid to reinstate Powell subpoenas
    • Kelly Tyko
    23 hours ago
    -
    Business
    Why Easter candy still costs more — even as cocoa prices drop
    Store shelf of Easter candy featuring a tall purple chocolate bunnies sign; shelves hold bunnies, Lindt eggs, Reese's minis, and other treats in bright packaging.

    The prices of chocolate bunnies for Easter is higher than last year, data shows. Photo: Smith Collection/Gado/Getty Images

    Cocoa prices have plunged from last year's record highs — but shoppers are still paying more for Easter chocolate, Wells Fargo says.

    Why it matters: Once food companies raise prices, they're slow to bring them back down when ingredient costs fall — even as consumers are expected to spend a record $24.9 billion on Easter this year, according to the National Retail Federation.

    Go deeper (1 min. read)
    • Barak Ravid
    Updated Apr 3, 2026
    -
    World
    U.S. fighter jet shot down in Iran: Search ongoing for missing crew member
    An F-15 fighter jet.

    An F-15 fighter jet. Photo: Dan Kitwood/Getty Images

    One of two crew members of a U.S. fighter jet that was shot down over Iran was located and rescued by U.S. special forces, and the search for the second is ongoing, an Israeli official and a second source with knowledge of the situation told Axios.

    The latest: Iran is also hunting for the crew and has asked civilians in the area to join the search, offering a reward if they're found.

    Go deeper (2 min. read)
    • Courtenay Brown
    Apr 3, 2026
    -
    Economy
    America's yo-yo job market

    The economy has spent much of the past year lurching between job gains and losses. Call it the yo-yo job market.

    Why it matters: For years, the labor market reliably added jobs every single month, even as hiring cooled.

    • The economy has entered a more volatile state, with March's blockbuster jobs report arriving in a more unsettling pattern of sharp gains followed by outright losses.
    Go deeper (2 min. read)

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