Axios

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.

The State Department expelled Iran's deputy ambassador to the UN last December, citing national security concerns, according to a U.S. official and a source with knowledge of the incident.

The intrigue: The U.S. decision was kept discreet at the time. It was one of at least three expulsions of Iranian diplomats in New York over the last six months.

NATO is a promise, and now it's broken.

The big picture: The alliance was built on the premise that an attack on one member is an attack on all. President Trump has made that conditional: if you won't help me in my war, I might not show up for yours.

Defense Secretary Pete Hegseth has asked Army Chief of Staff Gen. Randy George and two other military leaders to leave their posts, two Defense officials confirmed to Axios.

Why it matters: George is the Army's most senior general and is being removed during the Iran war. Axios could not immediately confirm the reasons for his ouster, which was first reported by CBS.

The U.S. military on Thursday attacked major civilian infrastructure in Iran for the first time, hours after President Trump threatened in a prime-time address to bomb the country "back to the Stone Ages."

Why it matters: The attack on the B-1 bridge near Tehran signals a widening of the U.S. military's targets and could be a first step toward attacks on energy, water and transportation infrastructure.

One year after "Liberation Day," the global economy is still reckoning with the fallout of a trade policy that has since been diluted.

Why it matters: President Trump's tariff wall has been torn down by the court, watered down by exemptions and scaled back under trade agreements.

President Trump said in a prime time address that the U.S. was close to ending its war in Iran but would spend the next two to three weeks bombing the country "back to the stone ages."

The big picture: If a deal to end the war cannot be reached, he said, the U.S. would bomb all of Iran's power plants and perhaps its oil fields. That would have devastating consequences for Tehran's civilian population and the future of the country, while likely inciting retaliation on America's allies in the region.