Monica Ricks

In a phone interview with NBC, President Trump didn't discuss the operation, but did say the events wouldn't affect ongoing negotiations with Iran.

The U.S.

is doubling its commitment now to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz to $40 billion, with the additions of new insurance partners including AIG and Berkshire Hathaway.

That move announced yesterday is the latest U.S.

effort to ease worries over the vital waterway and encourages traffic to resume despite an effective Iranian blockade and continued hostilities in the war.

Wall Street will have a few days to digest the latest jobs report, which shattered expectations Friday.

Job growth rebounded, with U.S.

employers adding 178,000 jobs in March, and the unemployment rate unexpectedly fell to 4.3%.

But as the war in Iran continues, economist Stephanie Roth tells us there's still a lot of uncertainty that could affect jobs.

Stephanie Roth with Wolf Research on Bloomberg Surveillance.

The solid increase will likely reinforce the Fed's focus on inflation risks amid a run-up in energy prices.

United Airlines announced it's raising its bag fees to offset rising fuel costs driven by this war.

Customers will now pay $10 more to check their luggage, with the first bag costing $45 and $55 for a second.

President Trump's asking for a massive increase to defense spending next year.

Bloomberg's Dan Schwartzman has details.

The White House is also asking Congress to slash NASA's science budget, cutting roughly $6 billion in total spending on programs, including 40 missions.

The administration's previously referred to programs like Mars exploration, X-ray telescopes and research satellites as wasteful spending.

The Justice Department has lost its bid to continue investigations into the Federal Reserve's building renovations.

A judge has quashed two grand jury subpoenas issued to the central bank by U.S.

Attorney Jeanine Pirro.