US and Israel pound Iran as Trump signals willingness to talk to new leaders after Khamenei's death
DUBAI, United Arab Emirates (AP) — The U.S. and Israel are pounding targets across Iran, dropping massive bombs on its ballistic missile sites and wiping out warships. Sunday's bombardment was part of an intensifying military campaign following the killing of Iran's Supreme Leader Ayatollah Ali Khamenei, and the conflict threatened to widen beyond the U.S., Israel and Iran. The Lebanese militant group Hezbollah claimed strikes on Israel, which fired back, and Gulf states warned that they could retaliate against Iran after strikes that hit key sites and killed at least five civilians. European powers offered to help American forces in their effort to stop Iran from attacking other countries.
US futures and Asian shares open lower, oil prices soar as US and Israel attack Iran
BANGKOK (AP) — The U.S. and Israeli attacks on Iran have sent a chill through world markets, with U.S. futures initially falling more than 1%. Oil prices were sharply higher, with U.S. crude up 5.8% and Brent crude gaining 6%. Shares opened sharply lower in Tokyo early Monday and oil prices soared. Japan's Nikkei 225 index was down 1.4% by midday. Traders were betting the supply of oil from Iran and elsewhere in the Middle East would slow or grind to a halt. On Friday, the S&P 500 fell 0.4% to finish just its second losing month in the last 10. The Dow industrials dropped 1.1%, and the Nasdaq composite fell 0.9%.
What to know about the latest US-Israeli attacks on Iran
The U.S. and Israel have launched major attacks on Iran whose state media say Supreme Leader Ayatollah Ali Khamenei is dead. Iran counterattacked and exchanges of fire escalated. U.S. President Donald Trump said the attacks that began on Saturday aim to crush Iran’s military and stop the production of a nuclear weapon. Iran fired drones and missiles at Israel and aimed strikes at U.S. military installations in Bahrain, Kuwait and Qatar. Several countries have closed their airspace. Three U.S. service members have been killed. Iranian state media says more than 200 people have been killed. Others have died in Israel and several countries.
Some celebrate in Iran after supreme leader's death, but deep fear and uncertainty remain
CAIRO (AP) — Some of the jubilation was open and even raucous. People danced in Iranian streets, honked car horns in celebration and screamed joyfully from windows and rooftops over the killing of the country’s supreme leader. But as bombardment by the United States and Israel fell from the air for a second day Sunday, many expressed fear and uncertainty over what direction Iran will take. The death of Ayatollah Ali Khamenei, who stood at the pinnacle of Iran’s Islamic Republic for nearly four decades, along with a number of top military leaders in the first day of the U.S.-Israeli campaign, stunned Iranians and stirred a mix of complex emotions in a divided nation.
FBI probes Texas bar shooting that killed 2 and wounded 14 as possible terrorist act
AUSTIN, Texas (AP) — Authorities say a gunman wearing clothes with an Iranian flag design and the words “Property of Allah” killed two people and wounded 14 at a Texas bar. The FBI said the shooting in Austin is being investigated as a potential act of terrorism. Police shot and killed the man, who had used both a pistol and a rifle early in the shooting early Sunday, a day after the U.S. and Israel launched an attack on Iran. The Department of Homeland Security identified the gunman as 53-year-old Ndiaga Diagne. Multiple people briefed on the investigation say Diagne is originally from Senegal. Austin Mayor Kirk Watson says a fast police response in confronting the gunman saved lives.
Trump's Medicaid work mandates are meant to save money. But first states will have to spend millions
JEFFERSON CITY, Mo. (AP) — New Medicaid work requirements signed into law by President Donald Trump are meant to save money. But states first will have to spend millions of dollars to implement them. An Associated Press analysis finds that states are projected to spend over $1 billion on technology improvements and additional staff needed to carry out the requirements. The Medicaid changes were included in Trump's big tax-cut law passed by Congress last year. States are still waiting on federal rules to provide further guidance. But they face a time crunch because the Medicaid work requirements are supposed to be enforced next January.
Trump expects his Fed pick and AI to deliver a replay of the '90s boom. Economists have doubts
WASHINGTON (AP) — President Donald Trump, his Treasury secretary and his choice to lead the Federal Reserve believe they can coax the U.S. economy into partying like it’s 1999. They are putting their faith in artificial intelligence to duplicate what happened when another technology arrived in the 1990s: the internet. Back then, the American economy surged as businesses became more productive, unemployment tumbled and inflation remained in check. Trump is confident that his nominee to become Fed chair, Kevin Warsh, can unleash an even greater economic bonanza by jettisoning what the president sees as the central bank’s hidebound reluctance to slash interest rates. But many economists are skeptical.
Gaza's ceasefire had some momentum. Now, some fear a new war will distract the world
DEIR AL-BALAH, Gaza Strip (AP) — Palestinians in Gaza are reacting to a possible shift in the world's attention from the Israel-Hamas ceasefire to a new regional conflict with Iran. Israel closed all crossings into the territory of over 2 million people in the wake of its new strikes on Tehran. It's not clear how long they will be closed. Palestinians fear new lack of access to food and other basic necessities from the outside world. Memories of hunger during last year's Israeli blockade remain fresh. The latest conflict comes days after President Donald Trump rallied billions of dollars in pledges for Gaza’s reconstruction.
At least 22 people killed in Pakistan as protesters try to storm US Consulate
KARACHI, Pakistan (AP) — Authorities say at least 22 people were killed and more than 120 wounded in clashes with police on Sunday after protesters tried to storm the U.S. Consulate in the Pakistani port city of Karachi and U.N. offices in the north of the country. The violence came after the United States and Israel attacked Iran and killed Iranian Supreme Leader Ayatollah Ali Khamenei. Police said the protesters have been dispersed, and the situation is under control.
'Sinners' takes top prize at the Actor Awards, setting up an Oscar showdown
After a near awards-season sweep by “One Battle After Another,” “Sinners” won best ensemble at the Screen Actors Guild’s 32nd Actor Awards on Sunday, setting up a potential nail-biter finale in two weeks at the Academy Awards. Michael B. Jordan won best male actor, upsetting the category favorite, Timothée Chalamet, and handing the 39-year-old Jordan the most significant prize of his acclaimed career. As expected, Jessie Buckley won best female actor for her performance in “Hamnet.” Sean Penn won best supporting male actor for “One Battle After Another” and Amy Madigan won best supporting female actor for “Weapons.” A month after her death,
