• Trump administration to pay French company $1B to walk away from US offshore wind leases
  • Iran Rejects US Ceasefire Plan
  • Record-Smashing Heat Across Entire US
  • Trump Showed off Classified Map in 2022
  • Rubio Travels to France to Sell Iran War
Central banker thinks businesses may be quicker to raise prices due to Iran war

FRANKFURT, Germany (AP) – The head of the European Central Bank says that businesses may be quicker to raise prices in response to the oil shock from the Iran war due to bitter memories of the inflation spike after Russia’s invasion of Ukraine in 2022. If oil and gas prices continue to rise, “the response of firms and workers may be faster than last time.”

Iran War: The Latest Updates

Pakistan’s prime minister says his country is ready to “facilitate meaningful and conclusive talks” to end the Iran war. Pakistan is one of the countries pushing diplomatically for talks between Iran and the United States after President Donald Trump said Monday there were ongoing negotiations between Washington and Tehran.

Warning signs flash red for Republicans as Florida district flips

WASHINGTON (AP) – Political warning signs that have privately worried some Republicans for months are starting to flash red ahead of November’s midterm elections, as the war in Iran keeps gas prices high, travelers face unprecedented airport security wait times and Americans remain concerned about steep costs of living.

Amazon buys Fauna Robotics, maker of the Sprout humanoid robot

NEW YORK (AP) – Amazon has acquired Fauna Robotics, just under two months after the startup introduced a humanoid robot called Sprout designed to be a friendly addition to social spaces like homes and schools.

Central banker thinks businesses may be quicker to raise prices due to Iran war

FRANKFURT, Germany (AP) – The head of the European Central Bank says that businesses may be quicker to raise prices in response to the oil shock from the Iran war due to bitter memories of the inflation spike after Russia’s invasion of Ukraine in 2022. If oil and gas prices continue to rise, “the response of firms and workers may be faster than last time.”

Merck buying Terns in $6.7B deal to bolster its cancer portfolio

Merck is buying oncology company Terns Pharmaceuticals in a deal valued at approximately $6.7 billion as the pharmaceutical giant works on beefing up its cancer portfolio before a key patent on its cancer drug Keytruda expires in two years.

Iran rejects US ceasefire plan, issues its own demands

DUBAI, United Arab Emirates (AP) – The United States sent a 15-point plan to Iran for a possible ceasefire, an official said, even as it began to move paratroopers to the Mideast to back up a contingent of Marines heading there Wednesday.

Warning signs flash red for Republicans as Florida district flips

WASHINGTON (AP) – Political warning signs that have privately worried some Republicans for months are starting to flash red ahead of November’s midterm elections, as the war in Iran keeps gas prices high, travelers face unprecedented airport security wait times and Americans remain concerned about steep costs of living.

Russia shoots down 400 Ukrainian drones as aerial barrages escalate

Russian air defenses downed 389 incoming Ukrainian drones, Russia’s Defense Ministry said Wednesday, in what was the largest reported overnight attack on Russian regions and Crimea since Moscow’s forces invaded Ukraine more than four years ago.

DUBAI, United Arab Emirates (AP) – Long before he became Iran’s parliamentary speaker, Mohammad Bagher Qalibaf went on a charm offensive for almost two decades, portraying himself as a hard-liner the West could do business with in the Islamic Republic. “I would like the West to change its attitude to Iran and trust Iran.”