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Trump: I Must Pick Iran's Next Leader... + Iran War Spreads: Europe Drawn In... + New York, California Sue Trump Over 'Illegal' Tariffs...

U S and Israel Step Up Strikes on Iran - War Escalates

U S and Israeli forces have intensified coordinated strikes across Iran as the campaign widens to civilian and military targets The escalation has sparked regional retaliation raised market volatility and prompted global evacuations

Number

1 013 points - Size of the Dow's single day drop as oil spiked amid Iran conflict

Quote

I have to be involved in the appointment — President Donald Trump


SPX 6,811 ↓ 0.86% Dow 47,855 ↓ 1.81% Nasdaq 22,658 ↓ 0.66% Gold 5,090 ↓ 0.87% BTC 71,141 ↓ 2.18%


24 Hours

U S and Israel Step Up Strikes on Iran

U S and Israeli forces have increased air strikes across Iran as the campaign enters a new phase. Reporting highlights rising damage, civilian impact, and the broadening scope of targets inside Iran.

Iran Targets Israel US Bases and Azerbaijan - Wave of Strikes

Iran has widened its retaliation with missile and drone barrages striking regional targets. Attacks have hit Israel, U S bases, and transport hubs, raising the risk of further escalation across neighboring states.

Iranian Warship Sunk After US Naval Strike

U S forces have struck Iranian naval and military assets at sea while denying Iranian battlefield claims. Washington says control of airspace and key maritime actions are shaping the campaign at sea.

Pentagon Releases Names of Six US Soldiers Killed in Kuwait

The Pentagon confirmed multiple American combat deaths and released names of service members killed in the regional operations. The losses are fueling domestic scrutiny of the campaign.

Kristi Noem Removed as Homeland Security Secretary

President Trump removed Kristi Noem as Homeland Security secretary and tapped Senator Markwayne Mullin as his nominee. The move follows contentious hearings and internal White House frustration.

Senate Democrats Block DHS Funding Bill

Congressional leaders are battling over DHS funding as Democrats refuse to reopen the department without changes. Funding votes and committee fights are unfolding amid administration turnover.

House to Vote on Limiting Trump's War Powers

Lawmakers move to constrain presidential war powers even as the conflict widens. The House and Senate are voting on competing measures amid fierce floor debate over military authority.

Oil Jumps Stocks Drop as Iran War Rattles Markets

Markets reeled as oil surged on the widening conflict. Major indexes plunged intraday with investors pricing in prolonged disruption to energy and trade.

China Halts Diesel and Gasoline Exports Amid Iran Shock

Energy supply chains and global fuel flows face disruption as nations reroute exports and refine domestic priorities. Analysts warn of knock on effects for food and fertilizer markets.

NATO Won't Trigger Article 5 After Turkey Airspace Incident

Allies and international bodies are calibrating responses to avoid wider NATO commitments while enhancing regional defenses. Diplomatic warnings and defence posture shifts are underway.

More Than 11 000 Flights Canceled as Middle East Travel Collapses

Travel chaos intensified as airlines canceled thousands of flights and governments scrambled evacuations. Hundreds of thousands of civilians and tourists remain stranded across the region.

Israel Orders Mass Evacuation of Beirut Southern Suburbs

Israel's warnings and evacuation orders have sparked panic in Lebanon as civilian displacement surges. Urban centers face gridlock and humanitarian strain amid intensifying strikes.

Trump Backs Kurdish Air Support and Militia Operations in Iran

Reports indicate the U S is exploring partnerships with Kurdish forces and backing local militias to open a new front against Tehran. The strategy carries high operational and political risk.

Twenty Four States File Suit to Block Trumps Section 122 Tariffs

States led by Democrats have filed suits challenging the administration's tariff regime. The legal battles target sweeping import taxes and seek to curtail executive trade actions.

OpenAI Launches GPT 5.4 for Professional Workflows

OpenAI released GPT 5.4 with expanded professional features while touting improved accuracy and image tools. The launch signals fresh AI capability for enterprises and creative work.

US Proposes Global Permits for Nvidia and AMD Chip Exports

Washington weighs tighter export controls for advanced AI chips while the Pentagon flags a major AI firm as a supply chain risk. The moves could reshape global AI supply lines and defense contracts.

Oracle Plans Thousands of Job Cuts Amid AI Data Center Push

Major tech and finance firms are preparing cuts as AI expansion strains balance sheets and data center spending balloons. Investors are pricing labor reductions and sector rebalancing.

Investors Sue Trump and Bondi Over TikTok Asset Sale

Legal challenges target the administration's TikTok asset sale and deal approvals with claims of favoritism and law violations. Investors and watchdogs are mounting suits.

LNG Shipping Rates Soar 650 Percent to 300 000 Per Day

Energy shipping and tanker congestion are driving extraordinary freight costs and supply risk. Analysts warn higher LNG and tanker rates will pressure markets and consumers.

US and Spain in Standoff Over Use of Military Bases

A diplomatic rift with Spain over NATO basing and the Iran strikes is widening. Madrid has resisted US requests and the feud has prompted public rebukes from the White House.

Suspect Arrested After Three Women Found Dead in Utah

Authorities arrested a suspect in a multi state killing spree and moved quickly to secure evidence across jurisdictions. The case has prompted a regional manhunt and urgent prosecutions.

Supreme Court Refuses to Overturn High Stakes AI Copyright Ruling

Courts and regulators are grappling with prediction markets and AI copyright rulings as new technologies collide with law. Lawmakers are proposing bans for officials trading event contracts.

Watchdog Warns of Massive Deferred Maintenance on Federal Buildings

Federal watchdogs warn of staggering deferred maintenance on taxpayer owned buildings and failing asset management. Reports quantify billions in backlog and call for immediate reforms.

Trump Says He Must Be Involved in Picking Iran Next Leader

President Trump publicly asserted he must help choose Iran's next leader after Khamenei's death, a stance that risks deeper regime change involvement and diplomatic fallout.