Latest The Wall Street Journal News & Updates

Washington, April 6 (IANS) US forces carried out a high-risk rescue of a downed American airman inside Iran, using a deception campaign and a complex military operation to extract him from hostile territory, according to multiple media reports.The mission followed the downing of a US F-15E fighter jet over Iran, leaving one crew member stranded for nearly two days as Iranian forces searched for him.US intelligence officials launched a deception effort to buy time, spreading false information tha…

Jerusalem, April 6 (IANS) US President Donald Trump told Israeli media that the United States is engaged in “deep” negotiations with Iran to secure a ceasefire, while stressing that Washington will not “leave in the middle” of the conflict.Trump said his administration is maintaining contacts with Iran through multiple channels, led by his advisors Steve Witkoff and Jared Kushner, Xinhua news agency reported.According to sources briefed on the talks, communication is being conducted through two …

Washington, April 4 (IANS) US President Donald Trump has proposed a record $1.5 trillion defence budget for fiscal 2027, a 44 per cent jump that would sharply expand Pentagon spending while cutting several domestic programmes.“The Budget builds upon the historic $1 trillion topline provided for the national defense by requesting $1.5 trillion for 2027, a 44-percent increase,” the White House said in its official budget document proposal for the fiscal 2027.The administration said the request…

Washington, April 2 (IANS) US President Donald Trump has removed Attorney General Pam Bondi from office after a year-long tenure marked by controversy and internal friction, naming Deputy Attorney General Todd Blanche as Acting Chief of the Justice Department.Announcing the move on social media, Trump praised Bondi but confirmed her exit.”Pam Bondi is a Great American Patriot and a loyal friend, who faithfully served as my Attorney General over the past year,” he said.He added that she would be …

Washington, March 31 (IANS) US President Donald Trump has told aides that he’s willing to end the US-Israeli war with Iran even if the Strait of Hormuz remains largely closed, The Wall Street Journal reported, citing Trump administration officials.Trump and his aides recently assessed that a mission to pry open the crucial global energy waterway would push the war with Iran beyond his timeline of four to six weeks, said the report.As a result, Trump decided that the United States should focus on…

New York, March 31 (IANS) A broker for US Defence Secretary Pete Hegseth explored a multimillion-dollar investment in defence stocks just weeks before a US-Israel strike on Iran.The broker at Morgan Stanley approached BlackRock in February about allocating funds into a defence-focused ETF tied to contractors like Lockheed Martin and Northrop Grumman. Such companies typically benefit from rising military spending amid geopolitical tensions and military activity, Xinhua news agency reported quotin…

Washington, March 30 (IANS) Iran has warned it would retaliate if the United States launches a ground invasion, even as President Donald Trump weighs a risky military operation to seize Tehran’s uranium and regional powers push for talks to contain the conflict, according to reports by US media.The warning from Tehran comes amid signs of a potential escalation. The 31st Marine Expeditionary Unit has already “arrived in the Middle East,” while US military planners are preparing options that…

Washington, March 25 (IANS) The United States has sent Iran a sweeping 15-point plan to end the war and dismantle its nuclear programme, media reports said, as President Donald Trump claimed Tehran “would like to make a deal.”The proposal, sent through intermediaries, outlines a broad framework to halt hostilities, curb Iran’s nuclear ambitions, and reshape its regional posture, according to officials cited by The Wall Street Journal.The document calls for Iran to dismantle its three main …

Washington, March 24 (IANS) A series of backchannel talks helped shape President Donald Trump’s decision to pause planned strikes on Iran, according to US media reports.The Wall Street Journal reported that officials from Egypt, Saudi Arabia, Turkey, and Pakistan were involved in closed-door discussions to find a way out of the conflict.The White House, however, refrained from giving any details. “These are sensitive diplomatic discussions and the United States will not negotiate through the…

Washington, March 24 (IANS) Global markets rallied after President Donald Trump signalled a pause in strikes on Iran, but analysts warned that the underlying energy crisis remains unresolved.Stocks surged, and oil prices fell sharply after Trump said the United States was holding talks with Iran. The S&P 500 and Dow Jones Industrial Average both rose more than 1 percent, while Brent crude dropped below $100 a barrel, The Washington Post reported.The Wall Street Journal reported that markets …