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The U.S. launched a "heavy wave" of strikes against Iran in retaliation for its missile attacks on American forces in the region.
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The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending picked up steam.
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Gross domestic product grew at a slower rate in the second quarter and persistent price pressures are unsettling financial markets.
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;Resize=(620)) Iran launched a barrage of missiles at American forces in the Middle East early Wednesday as the U.S. partnered with Saudi Arabia to strike Tehran-backed militias in neighbouring Iraq, killing at least 20 fighters.
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The US military called the strikes "a powerful response" to Tuesday's firing by Iran on US bases in Jordan.
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The U.S. military says it has completed what it describes as "a heavy wave of strikes against Iran" conducted in response to an earlier Iranian missile attack on a U.S. base in Jordan.
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