Ed Kalecki

The A-10 Warthog went down near the Strait of Hormuz around the same time that Iran shot down a U.S.

F-15E fighter jet.

The U.S.

has rescued one of the two-man crew from the F-15 incident, this according to a U.S.

official.

who spoke on condition of anonymity to detail sensitive matters.

The official said a search operation is underway for the second crew member.

The Pentagon's proposed fiscal 2027 budget would significantly ramp up its military firepower.

Bloomberg's Monica Ricks reports.

It was a good Friday for the labor market.

Bloomberg's Mike McKee takes a look at the numbers.

Bloomberg's Mike McKee on Bloomberg Surveillance.

Bloomberg opinion contributor and former New York Fed President Bill Dudley says that with the current uncertainty, it's best for the Fed to do nothing.

Dudley spoke on Bloomberg surveillance.

Bloomberg opinion contributor and former New York Fed President Bill Dudley on Bloomberg surveillance.

French President Emmanuel Macron is calling on medium-sized powers to join forces and stand up to the U.S.

and China.

Macron hammered the message during his tour of Asia this week where he discussed maritime security in the Strait of Hormuz and closer cooperation with South Korea and Japan, two countries badly suffering from high energy costs as the war in Iran keeps the Strait closed.

European countries, he said, have a shared agenda with places like Japan and South Korea on issues like international law, democracy, climate change and global health.

According to a US Supreme Court spokeswoman, Justice Samuel Alito was examined by a doctor last month after falling ill during an event in Philadelphia.