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The Latest: US and Iran exchange fire after abrupt end to month without military action

1 day ago

The Latest: US and Iran exchange fire after abrupt end to month without military action

The U.S. military hit targets in Iran on Tuesday, leading Tehran to respond with missile and drone fire as hostilities flare once again between the two countries. U.S. Central Command said the latest strikes were in response to Iran trying to attack commercial ships and American forces in the Middle East. President Donald Trump offered an additional explanation, telling Fox News in a phone call that U.S. forces struck Iran’s radars.

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Bessent huddles with G20 to try to rally allies on Iran as tariffs strain ties

2 days ago

Bessent huddles with G20 to try to rally allies on Iran as tariffs strain ties

ASHEVILLE, N.C. (AP) — Treasury Secretary Scott Bessent is meeting with finance ministers of the world’s largest economies this week at a time when the United States has disrupted the international order with aggressive tariffs on major allies and an unpopular war on Iran that is keeping gas prices high for consumers.

Trump cannot deport students for criticizing Israel, judge rules

Trump cannot deport students for criticizing Israel, judge rules

SAN JOSE, Calif. (AP) — Citing the importance of the First Amendment, a federal judge in California says the U.S. government is unconstitutionally silencing critics of Israel's war in Gaza and others as part of the Trump administration 's quest to deport noncitizens who it says disrupted college campuses while expressing their views.

The bond market prepares for a hike to interest rates, while US stocks drift lower

The bond market prepares for a hike to interest rates, while US stocks drift lower

NEW YORK (AP) — The bond market swung Friday as investors built bets that the Federal Reserve may hike interest rates soon to get the nation’s high inflation under control. U.S. stocks, meanwhile, dipped but not by much after economists said a speech by Chairman Kevin Warsh helped strengthen faith that the Fed will do what’s needed to bring inflation down, even if it causes pain for the economy in the short term.