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Investors now expect that the Fed will delay a rate cut until September instead of July, as they had before the war in Iran began.
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Iranians cowered under the barrage as Pete Hegseth, the U.S. defense secretary, said the U.S. aimed to wipe out Iran's capacity to obtain nuclear weapons "forever."
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President Putin pits himself as a potential mediator but that's not an easy sell, writes the BBC's Russia editor.
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Igor Tudor's Spurs tenure could already be on the line after a disastrous defeat against Atletico Madrid in the Champions League, says chief football writer Phil McNulty.
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Defense Secretary Pete Hegseth said the Pentagon was giving President Trump "maximum options" and that the war will not be "endless," a day after the president gave mixed signals about progress.
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;Resize=(620)) A Florida woman accused of firing gunshots at Rihanna's home in Los Angeles was charged Tuesday with one count of attempted murder and other felony offences, including 10 counts of assault on a person with a semi-automatic firearm.
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Defense Secretary Pete Hegseth says Tuesday marks the most intense U.S. bombing yet in the Iran war. The 11 days of fighting have spooked oil markets, and the Strait of Hormuz is effectively closed.
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Now 11 days into an expanding military campaign, President Trump and his officials have given conflicting indications on how long the United States intends the war to last.
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;Resize=(620)) No one was injured in the shooting. A 35-year-old woman was later taken into custody and the suspect has been booked on suspicion of attempted murder.
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