Live from NPR News in Washington, I'm Ryan Lynn Barton.
The terms of a ceasefire between the U.S. and Iran are now public and PR's Quill Lawrence
“reports they would reopen the Strait of Hormuz and and hostilities between the U.S.”
Iran, Israel, and Hezbollah. A senior Trump administration official whom reporters agreed not to identify, read out the memorandum of understanding that is expected to be signed soon. It would reopen the Strait of Hormuz to oil tankers, an urgent economic and political priority as oil and other commodities have surged in price.
Iran could begin to sell its own oil and billions of dollars in frozen Iranian assets could be released if subsequent agreements like Iran ending its nuclear weapons program are followed. The official also said if Iran doesn't live up to its end, the U.S. could easily resume bombing. Israel is not a party to the agreement, but it could be a spoiler if Washington cannot
restrain the Israeli government from attacking Iran's proxy force in Lebanon. With inflation at its highest level in more than three years, the Federal Reserve held its benchmark interest rate steady today, and the Fed hinted its next move could be a rate increase.
“It was the first rate decision under the leadership of the new Fed Chairman Kevin”
Warsh, President Trump expressed disappointment in the decision today. Trump nominated Warsh and hopes he would push for lower interest rates, but a wartime spike in energy prices has pushed rate cuts off the table for now. Luigi Manjiani will assert a psychiatric defense at his murder trial for the killing of United Healthcare CEO Brian Thompson.
Manjiani's lawyers told the court they will attempt to show that he was suffering from "extreme emotional disturbance" at the time of the occurrence. If a jury agrees it could convict him of manslaughter instead of murder, meaning he'd be sentenced to less time in prison. The cost to rent an apartment was down in May, one and a half percent from a year ago,
according to a new report from Realtor.com, and here's a Stephen Bassaha says that's due to an apartment construction boom. The U.S. built more than 600,000 apartments in 2024, the most in almost 40 years. That's caused a jump in vacancies and deals for renters. Mason Cummins got two plus months of free rent to move into his national area apartment.
I even saw some places doing three months, three and a half months free. But other cities still have a housing shortage. Like when Chloe Trub toward a Chicago apartment, it was told there were 12 other showings lined up after her. Like 12?
He goes, "It's a rat race out there and I go, "exactly what I've been saying, like, you know."
Realtor.com reports rent is still up 17 percent since pre-pandemic times.
Zillope puts that rent hike even higher at 37 percent.
“Do you remember Sahah and P.R. News, U.S. stocks dropped today on speculation the Fed may”
raise interest rates this year to keep a lid on inflation. This is NPR News. The Trub administration says it's buying back another energy company's leases for wind projects, as it seeks to discourage the expansion of wind, energy, and favor of fossil fuels. That brings the total amount spent on these arrangements to nearly $2.6 billion.
Chicago base in Venergies wind projects were very early in development and will invest in natural gas and geothermal projects instead. A Seattle non-profit has returned free world cup tickets meant for children. It's in protest to the U.S. denying entry to a popular Somalian referee, Freddie Monade of Member Station K and KX has more.
African-Use sports academy runs a soccer league for children of African descent. It received 20 free world cup tickets from a city initiative to send Seattle area kids to matches. But now, it's returned those tickets to show support for Somalia's Omar Artan, a top soccer official in Africa who has denied entry to the U.S. for the tournament.
Alia Abdullah founded the African-Use sports academy. "So us, it was like a Somalian soccer team made it to the workout. We were just trying to send him message to show him that we loved him, to show him that we were willing to sacrifice one life opportunity for him." Seattle partnered with non-profits in the business community to provide 1,400 tickets
to children in the region. For NPR News, I'm Freddie Monadez in Seattle. An archaeological dig that at the site of the Battle of Bunker Hill has revealed ammunition used in the fight along with the outlines of an earthen fort built to protect the Patriots fighting the British.
Celebrations will soon take place commemorating the 250 first anniversary of the battle.
This is NPR. We'll take to be curious and indulge your cultural curiosity.
