U.S. strikes Iran after Trump accuses Tehran of ceasefire violation in Strait of Hormuz
The attack comes as the United States and Iran are supposed to be engaging in a 60-period of no hostilities as they hold talks to end their war.

The attack comes as the United States and Iran are supposed to be engaging in a 60-period of no hostilities as they hold talks to end their war.
President Donald Trump's economic advisors are giving Warsh space, as the new Fed chairman, on interest rates as the president repeats calls to cut.
Oracle's surging spending, negative free cash flow and $130 billion debt pile are weighing on the stock.
Jeremy Grantham says soaring valuations around AI makes the U.S. stock market historically expensive.
Israel and Lebanon agreed to implement a ceasefire. But that is contingent on the paramilitary group Hezbollah agreeing to halt hostilities.
Lukas Walton is the 39-year-old grandson of Walmart founder Sam Walton. He and his wife, Samantha, are residents of Chicago.
California Gov. Gavin Newsom said he supports imposing "a true minimum tax on billionaires" and closing "tax-free lifestyle loan" loopholes for the rich.
"This TARIFF will supersede Trade Deals made with the Country, whether implemented, signed, or not," President Donald Trump wrote in a Truth Social post.
OpenAI said it confidentially filed its prospectus with the SEC earlier this month, but noted it "may be a while" before it goes public.
OpenAI said it previewed the new models' capabilities with the government ahead of the launch.
Kashkari said he sees a hike likely this year as the economy continues to feel the hit from spiking inflation.
Jeremy Grantham renewed his long-running criticism of bitcoin, predicting it will gradually fade into irrelevance over decades.
"I knew Jekyll. I didn't know Hyde," Leon Black says about Jeffrey Epstein in his prepared statement to the House Oversight and Government Reform Committee.
John Bolton is one of several foes of President Donald Trump who has been indicted since Trump regained the White House.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
"Thai Union doubled down on a campaign to squeeze out every drop of value that it could," creditors said
Companies are tightening their AI budgets to focus on getting a return on their investment, and that could dampen growth rates at OpenAI and Anthropic.
Speculators think the OpenAI IPO will come early next year, with only one-in-three odds it happens in 2026 but a high likelihood it is done by June 2027.
The pivot into physical AI grows On Semi's addressable market by an additional $30 billion, the company said.
There were plenty of reasons for stocks to post a big move on Thursday, but the S&P 500 ended almost exactly where it closed Wednesday.
The World Cup winners and losers in advertising may be indicative of a broader trend of how people are responding to authentic branding.
Auto giant Volkswagen is reportedly planning to cut 100,000 jobs and end production at four German plants over the coming years.
Micron Technology's shares tumbled on Friday amid a global sell-off in chip stocks.
World Cup trading and the end of its U.S. waitlist are driving rapid growth for Polymarket's prediction market platform.