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AP NewsCast 6 p.m. EDT

Sep 30, 2026 · 2m

Summary

Defense Secretary Pete Hegseth announced sweeping military reforms, including a 20% reduction in senior leadership and the elimination of diversity initiatives, while establishing a new drone warfare command. The report also covers a security incident on a Dubai-to-Tel Aviv flight where a pilot was subdued by passengers, and the completion of the U.S. troop withdrawal from Iraq. In markets, stocks fell as rising bond yields pressured equities despite better-than-expected inflation data, with Brent crude oil settling above $98 per barrel.

Topics discussed

Defense Secretary Hegseth's military reforms and leadership cuts New drone warfare command and ongoing Iran conflict Knife incident on Dubai to Tel Aviv flight and security alerts US troop withdrawal from Iraq and UK-Iran security incident AP Markets Report: Stock declines and rising bond yields
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