Category Archives: World/National

Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

NEW YORK (AP) — Oil prices are flip-flopping, and the U.S. stock market is drifting higher following the United States’ bunker-busting entry into Israel’s war with Iran. Oil jumped as much as 4% shortly after trading began on Sunday night, but it quickly pared all of the gain by Monday morning. The S&P 500 rose 0.4%, the Dow Jones Industrial Average added 156 points and the Nasdaq composite rose 0.3%. Markets calmed amid hopes that Iran will not retaliate in a way that disrupts the global flow of crude, which would hurt economies worldwide but also its own. Treasury yields eased in the bond market.… Continue Reading

Iran launches missile attacks on US bases in Qatar and Iraq

Iran launches missile attacks on US bases in Qatar and Iraq

DUBAI, United Arab Emirates (AP) — Iran said its missile attack on Al Udeid Air Base in Qatar matched the number of bombs dropped by the United States on its nuclear sites this weekend, signaling Iran’s likely desire to de-escalate. Iran made the announcement Monday night in a statement from its Supreme National Security Council after the attack, which Qatar said caused no injuries. Iran also said it targeted the base because it was outside of populated areas.… Continue Reading

Israel targets Iran’s government and a key Tehran prison as Iran launches more attacks on Israel

Israel targets Iran’s government and a key Tehran prison as Iran launches more attacks on Israel

DUBAI, United Arab Emirates (AP) — Israel says it hit Iranian government targets in Tehran in a series of strikes that followed a salvo of missiles and drones fired by Iran at Israel earlier in the day in the wake of the Trump administration’s massive strikes on Iranian nuclear sites over the weekend. Israel’s Defense Ministry said it hit targets in Tehran, including the notorious Evin Prison and the security headquarters of the paramilitary Revolutionary Guards. The Israeli military also confirmed it hit roads around Iran’s Fordo enrichment facility to obstruct access to the site on Monday. The underground site was one of those hit in Sunday’s attack by the U.S. The Israeli military did not elaborate.… Continue Reading

What to know about the conflict between Israel and Iran, and the US intervention

What to know about the conflict between Israel and Iran, and the US intervention

ATHENS, Greece (AP) — The United States has inserted itself into Israel’s war against Iran, bombing three of the Islamic Republic’s nuclear sites overnight. U.S. President Donald Trump asserted Iran’s key nuclear sites were “completely and fully obliterated,” and warned there would be additional strikes if Iran retaliates. The U.S. attacks came after a week of open conflict between Israel and Iran, sparked by Israel’s sudden barrage of attacks against Iran’s nuclear and military structure. Iran insists its nuclear program is only for peaceful purposes. Israel views Iran’s nuclear program as an existential threat and has said its military campaign is necessary to prevent Iran from building an atomic weapon.… Continue Reading

What to know about the conflict between Israel and Iran, and the US intervention

What to know about the conflict between Israel and Iran, and the US intervention

ATHENS, Greece (AP) — The United States has inserted itself into Israel’s war against Iran, bombing three of the Islamic Republic’s nuclear sites overnight. U.S. President Donald Trump asserted Iran’s key nuclear sites were “completely and fully obliterated,” and warned there would be additional strikes if Iran retaliates. The U.S. attacks came after a week of open conflict between Israel and Iran, sparked by Israel’s sudden barrage of attacks against Iran’s nuclear and military structure. Iran insists its nuclear program is only for peaceful purposes. Israel views Iran’s nuclear program as an existential threat and has said its military campaign is necessary to prevent Iran from building an atomic weapon.… Continue Reading

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

US steps into war between Israel and Iran, strikes 3 Iranian nuclear sites

TEL AVIV, Israel (AP) — The U.S. military struck three sites in Iran, inserting itself into Israel’s war aimed at destroying the country’s nuclear program in a risky gambit to weaken a longtime foe amid Tehran’s threat of reprisals that could spark a wider regional conflict. President Donald Trump said Iran’s key nuclear sites were “completely and fully obliterated.” He also warned Tehran against carrying out retaliatory attacks against the U.S., saying Iran has a choice between “peace or tragedy.” Iran’s nuclear agency confirmed that attacks hit its Fordo, Isfahan and Natanz atomic sites, but insisted that its work will not be stopped.… Continue Reading

ICE raids and their uncertainty scare off workers and baffle businesses

ICE raids and their uncertainty scare off workers and baffle businesses

WASHINGTON (AP) — Farmers, cattle ranchers and hotel and restaurant managers breathed a sigh of relief last week when President Donald Trump ordered a pause to immigration raids that were disrupting those industries and scaring foreign-born workers off the job. But the respite didn’t last long. On Wednesday, Assistant Secretary of the Department of Homeland Security Tricia McLaughlin declared that worksite enforcement “remains a cornerstone of our efforts to safeguard public safety, national security and economic stability” and that there will be “no safe spaces for industries who harbor violent criminals” or undermine enforcement efforts. The flipflop has baffled businesses trying to figure out the government’s actual policy.… Continue Reading

Fed leaves key rate unchanged as it awaits the impact of tariffs and Trump again scolds Powell

Fed leaves key rate unchanged as it awaits the impact of tariffs and Trump again scolds Powell

WASHINGTON (AP) — The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other potential disruptions will affect the economy this year. The Fed’s policymakers signaled they still expect to cut rates twice this year, even as they also project that President Donald Trump’s import duties will push inflation higher. They also expect growth to slow and unemployment to edge up, according to their latest quarterly projections. Fed policymakers had cut their rate three times late last year but have since have been on hold.… Continue Reading

US unemployment ticked down, hovering at historically low levels

US unemployment ticked down, hovering at historically low levels

WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week amid uncertainty over President Donald Trump’s trade policies. U.S. jobless claims ticked down from 250,000 the week before. Economists had forecast 250,000. The four-week average of claims, which smooths out week-to-week volatility, rose to 245,500, the highest since August 2023. The number of Americans collecting unemployment benefits the week of June 7 slid to 1.95 million.… Continue Reading

Supreme Court OKs Tennessee ban on gender-affirming care for kids, a setback for transgender rights

Supreme Court OKs Tennessee ban on gender-affirming care for kids, a setback for transgender rights

WASHINGTON (AP) — An American Civil Liberties Union lawyer says the Supreme Court decision upholding Tennessee’s ban on gender-affirming care for transgender minors is “a devastating loss for transgender people” and “everyone who cares about the Constitution.” The justices’ 6-3 decision Wednesday effectively protects from legal challenges many efforts by President Donald Trump’s Republican administration and state governments to roll back protections for transgender people. Another 26 states have laws similar to Tennessee’s. Chief Justice John Roberts writes for a conservative majority the law does not violate the Constitution’s equal protection clause. Justice Sonia Sotomayor writes in a dissent the majority “abandons transgender children” to political whims.… Continue Reading

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