Welcome to the beat. It is Friday. We got a lot. We got important stuff by the end of the hour.

I think we have some interesting fun stuff in a way. But we begin with the Trump economy in turmoil for most people, for regular people, for people who go to real jobs and drive around and deal with life.

The president can't contain this crisis. At times, he doesn't even seem to acknowledge the crisis he created with the war

or care about the fallout. I could tell you tonight, as we report, officials in the U.S. and Iran

are confirming that the Strait of Hermuz is back fully open, at least as of this hour. That's a

contentious issue, and one, of course, that became a problem only when the U.S. started this war under

Trump. Many view it as a potential step towards de-escalation and ultimately a kind of peace,

but, and I will tell you, and there's good news, there's good news. I'm not trying to reign on that

parade, but the way it's come out from the Trump side and this administration has at least

involved some

confusion. The president is saying that the U.S. blockade is still in place. So you have dueling

headlines and claims, but you also have as has happened so many times in this seven to eight

week war. We have reality on the ground. The straight was shut for weeks,

and that caused serious harm to the global economy. It is not the kind of thing, as we have

reported and experts have really emphasized across many hours of our reporting. You don't just

flip it back on, everything goes back to the way it was. Everyday Americans already can feel this,

whether they follow foreign policy closely or not. We know it with the gas, we know it with the high prices, and we've seen other warnings about a cascade of

inflation to come, even if we get through this energy crisis right now. We're already seeing

the pinch with Americans who were trying to get by before this war, and this energy crisis

pushed them over. People turning to local food

banks, scenes reminiscent of the COVID era where people who worked hard to get by suddenly were

faced with an external event that made them more food insecure, having a tighter budget. Not because

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