As the Middle East war entering a sixth day with Israel and Iran launching new strikes, the top leadership at the Pentagon has claimed that with crushing dominance and devastating force, U.S. warfighters are systematically dismantling the Iranian regime's ability to ever again threaten the United States, its allies, and global security.
Wednesday, Secretary of Defense Pete Hegseth and Chairman of the Joint Chiefs of Staff General Dan Caine provided an update from the Pentagon on the extraordinary progress of the U.S.- Israeli joint military strikes against Iran, codenamed, "Operation Epic Fury."
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.