"Li from NPR News in Washington," on Core of a Coleman, President Trump says ...
launch heavier attacks on Iran tonight.
“He made the claim on social media this morning.”
The two countries have been trading military strikes since the downing of the U.S. Apache helicopter Monday. President Trump blamed that on Iran, and beer's Daniel Chris Lieben has more. The President has continually made threats and pronouncements about the war on social media and this latest post amps up his rhetoric.
He wrote that the U.S. will be "hitting Iran," adding later in all caps, "very hard tonight." Trump also threatened to attack Carg Island, which is central to Iran's oil exports. However, Trump told Fox News this morning that the U.S. and Iran are still in talks. He added that he doesn't want to have boots on the ground, but that if he wants, he could
send in "a small group of soldiers." President Trump has said many times that an end to the war could come imminently. Earlier this week, he said an agreement to end the war could be coming within days. Danielle Kurtzlevin and PR News the White House. Stocks opened higher this morning as the Labor Department reported a bigger than expected
jump in wholesale prices.
“And PR Scott Horsley reports the Dow Jones industrial average jumped more than 400 points”
in early trading. Inflation at the retail level hit a three-year high last month, but inflation at the wholesale level was even higher. The Labor Department says wholesale prices in May were up six and a half percent from a year ago, while retail prices rose just over four percent.
The news suggest businesses are absorbing some of those cost increases, for now, rather than passing them on to consumers. Prices around the world have been climbing since the U.S. and Israel launched a war against Iran disrupting shipping traffic through the straight-of-war moves. In response to higher inflation, the European Central Bank raised its benchmark interest
rate today by a quarter percentage point. In the U.S., the Federal Reserve is expected to hold interest rate steady when policy makers meet next week. Scott Horsley and PR News was Washington. Billionaire Elon Musk is preparing to launch the initial public offering of his company
SpaceX tomorrow. SpaceX seeks to raise $75 billion selling shares to the public. And PR's John Rooch says the company intends to massively grow. Its IPO plan says the company wants to grow and develop its rocket business. They plan to grow starling at constellation of communications satellites that they have.
And they're making a huge pivot into artificial intelligence earlier this year's SpaceX bought another Elon Musk company, XAI. The IPO perspective says SpaceX plans to grow its AI computing infrastructure on Earth, deploy orbital AI data centers, and even develop and manufacture AI chips. And PR's John Rooch reporting.
The co-founder of Microsoft Bill Gates testified behind closed doors with the House of Oversight Committee yesterday while makers questioned him about late-sex offender Jeffrey Epstein.
In prepared remarks, Gates said he never witnessed or knew about any of Epstein's crimes.
You're listening to NPR News. The National Park Service has reviewed the arch President Trump wants to build near the Lincoln Memorial in Washington, DC. The assessment says that workers could construct the arch working 20 hours a day over three years.
It would be 250 feet tall, but critics say the arch is a vanity project for President Trump that is too close to the entrance to Arlington National Cemetery. The men's World Cup Soccer Tournament opens in a few hours in Mexico City. The head of FIFA is defending high ticket prices, and Pierce Becky Sullivan reports this is the most expensive addition of the soccer tournament ever staged.
FIFA President, Johnny and Fentino, argued that World Cup ticket prices are in line with playoff games in North American sports. He pointed to the New York Knicks, whose NBA finals tickets have soared into the thousands of dollars.
The World Cup would be watched by six billion people.
“So in terms of importance, the World Cup is much, much more important.”
Fans have accused FIFA of deceptive sales practices such as selling tickets with a desirable category one designation, then assigning those buyers to seats it would later advertise as being an illusse appealing tier on Tuesday, Texas became the latest state along with California New Jersey and New York to open an investigation into those sales tactics, and Fentino says lawyers vetted FIFA's practices and will make their cases needed.
Becky Sullivan and PR news. The New York Knicks beat the San Antonio Spurs 107 to 106 last night in game four of the NBA championships. The New York Knicks were down 29 points in the third quarter before storming back to win. The next lead the NBA series, three games to one.
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