RNN August 3rd 2026

US-Iran Peace Talks: President Donald Trump announced he is pausing planned major strikes on Iran, citing requests from Gulf allies including Saudi Arabia. He indicated that talks aimed at ending the five-month U.S.-Israeli conflict with Iran are expected to resume. DOJ Nomination Support: Republican Senators John Cornyn and Tom Tillis agreed to support acting Attorney General Todd Blanche's nomination to lead the Justice Department after Blanche officially rescinded the $1.8 billion anti-weaponization fund for Trump allies. Wall Street Rally: U.S. stock markets rose across major indexes as falling crude oil prices helped alleviate inflation concerns following President Trump's pause on Iran strikes. Florida Turnpike Traffic Delay: A vehicle fire on the southbound lanes of the Florida Turnpike near Winter Garden in Orange County blocked three lanes early Monday morning, causing heavy traffic delays.