U.S.-Iran Conflict Escalates; Trump Vows War End “Very Soon”
While the Pentagon deploys thousands more troops to the Middle East, President Trump stated he expects operations to finish within two to three weeks, with or without a deal. Meanwhile, Iran threatened U.S. tech giants like Apple and Meta if more of its leaders are assassinated.
U.S. Stocks Rally on Hopes for End to War; Oil Near $105
Wall Street saw its best day since last spring, and Asian markets surged, following President Trump’s comments suggesting an end to the conflict with Iran is near. Despite the rally, crude oil prices remain high, trading around $105 per barrel.
Supreme Court Strikes Down State Bans on LGBTQ+ “Conversion Therapy”
In a significant ruling on a Colorado law, the High Court rolled back protections, casting doubt on similar prohibitions in nearly 30 other states. The decision is the latest in a series rolling back rights for LGBTQ+ individuals.
Federal Judge Halts Trump’s $400M White House Ballroom Project
A U.S. District Judge ruled that the president lacks the authority to fund the massive construction project through private donations, stating Congress must decide on the matter. This halts a key, controversial infrastructure plan of the administration.
U.S. Hiring Drops to Pandemic Lows, Signaling Job Market Stagnation
New data shows private payroll growth has averaged just 18,000 monthly, a sharp decline mirroring a slowing labor market. Economists express concern that the job market is stagnating amidst broader economic and geopolitical uncertainty.