President Donald Trump said Thursday that Iran may be linked to the FlyDubai copilot who tried to crash an Israel-bound plane as investigators worked to determine why the copilot stabbed the flight’s captain, causing the plane to plummet before others on board landed it in Saudi Arabia.
Inflation didn’t cool at all last month.
Iranian officials indicated Wednesday they have received an official U.S. response to Tehran’s latest proposal to end the seven-month war, which U.S. President Donald Trump had publicly rejected just days earlier.
Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war.
Stocks held steady on Wall Street Tuesday as falling oil prices and stable Treasury yields took some pressure off the market.
Mediators are working with Iran and the United States on trying to broker a deal to end the fighting and open the Strait of Hormuz, three regional officials and two U.S. officials told The Associated Press.
AAA reports the cost of regular gas is on track to set a new September record.
Iran has offered to reopen the Strait of Hormuz and resume talks on its nuclear program in seven days if the United States lifts its naval blockade of Iranian ports.
U.S. stocks are falling on Wednesday after oil prices halted their weeklong run of easing and a surprisingly strong report on U.S. business activity raised worries about inflation.
Oil prices are at their lowest levels in about two weeks.
