Middle Eastern Headlines at 3:01 a.m. GMT
'No sign of life' at crash site of helicopter carrying Iran's president, others
Recommended Stories
Yahoo FinanceTrump-friendly billionaires from Elon Musk to Bill Ackman offer new support following conviction
Donald Trump’s conviction on falsifying business records led to an immediate reaction from his stable of friendly billionaires.
- Yahoo News
Trump verdict: Here's how newspapers across the world covered the historic hush money trial
Trump is the first former U.S. president to be convicted of a crime. Here's how publications around the world announced the guilty verdict.
- Yahoo Finance
US consumers show the Fed its backward problem with high rates: Morning Brief
Consumer confidence rebounded in May, but there are signs this data is being driven by wealthier consumers enjoying the spoils of high rates, presenting a new challenge for the Fed.
- Yahoo Finance
Trump’s new image: Corporate cheat
After the criminal conviction on 34 counts of falsifying business records, Trump's image as a savvy businessman is up in smoke. Will voters care?
- Yahoo Finance
Biden's coming new tariffs on China reflect 'lessons learned'
A sweeping White House move on China tariffs that is expected to be unveiled early next week "reflects lessons learned," according to a former official who was involved in the process.
- Autoblog
California launching pilot program to charge drivers for miles driven
California will soon begin testing a pilot program that will tax drivers based on the miles they log to offset the loss of gas tax revenues from EVs.
- Yahoo Finance
White House: Extending Trump’s tax cuts would be an 'inflation bomb'
The White House is releasing a new public memo Thursday that seeks to link the extension of Trump-era tax cuts to inflation, a top-of-mind issue for voters.
- Yahoo Finance
Some Americans live in a parallel economy where everything is terrible
Many Americans mistakenly think the economy is shrinking and the stock market is tanking. What gives?
- Yahoo Finance
8 Trump losses in a row, and counting
Trump's latest legal defeat extends a remarkable losing streak.
- TechCrunch
Chinese EV makers, and their connected vehicles, targeted by new House bill
Chinese EV manufacturers face a new challenge in their pursuit of U.S. customers: a new House bill that would limit or ban the introduction of their connected vehicles. The bill, introduced by U.S. Rep. Elissa Slotkin, comes as the trade war between the U.S. and China heightens in the aftermath of the Biden administration’s decision to quadruple import duties on Chinese electric vehicles to 100%. The bill’s goal appears to curb manufacturers before they can flood the American market with smart, cheap cars.
- Yahoo News
Nikki Haley writes 'finish them' on Israeli artillery shell: A look at her trip to Israel and her past comments on the war in Gaza
Nikki Haley was visiting an Oct. 7 attack site in Israel and signed the shell less than 24 hours after an Israeli strike killed 45 Palestinians at an encampment in Rafah.
- Yahoo Finance
This week in Bidenomics: 4 more years … of inflation?
Voters don't just blame Biden for current inflation. They think he'll cause future inflation, too.
- TechCrunch
President Biden vetoes crypto custody bill
President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission's current approach to banks and crypto. Specifically, the resolution targeted the SEC’s Staff Accounting Bulletin 121, which presents guidance around how banks can handle customers’ crypto assets — in effect, they must treat those assets as liabilities.
- Yahoo Finance
Fed's Williams and Barkin soothed worries about any rate hikes in 2024
New York Fed president John Williams and Richmond Fed president Thomas Barkin offered comments Monday that soothed any concerns the Fed might be considering a rate hike.
- Yahoo Finance
Fed study offers new clues that help explain America’s gloomy mood
Many Americans say they were better off, financially, during the COVID years, when stimulus funds were flooding the economy.
- Yahoo Finance
The coming Supreme Court decisions that could ripple across the business world
The nation's highest court is expected to make rulings that could limit the reach of social media, the ability of federal agencies to crack down on companies, and the power of bankruptcy courts to shield powerful parties from liability.
- Yahoo News 360
What a justice's upside-down flag means for the Supreme Court
The revelation that a symbol of the “Stop the Steal” movement flew outside Supreme Court Justice Samuel Alito's home has reignited debates about his ability to rule impartially on Jan. 6-related cases.
- Yahoo News
3 Americans accused of involvement in Congo coup attempt. Here's what we know about what happened.
A spokesperson for the Congo army said three Americans from Utah were detained following the foiled coup on May 19.
- Yahoo Finance
This week in Bidenomics: Something bigger than 'Bidenflation'
Donald Trump's conviction on 34 felony counts might finally distract voters from thinking about what they don't like about Joe Biden.
- Yahoo News
Here's why you're seeing the 'All eyes on Rafah' image shared across social media
The phrase “All eyes on Rafah” originated from a World Health Organization director’s comments back in February.