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Trumps says Israel and Hezbollah will stop fighting after Iran stops talks with U.S. over Israeli operations in southern Lebanon, Gaza
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Earlier Israel's PM ordered strikes on Beirut's southern suburbs in response to Hezbollah rocket and drone attacks on Israeli civilians.
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;Resize=(620)) The U.S. Justice Department said Monday it will comply with a court ruling temporarily blocking a nearly $1.8 billion US fund meant to compensate allies of U.S. President Donald Trump, effectively agreeing to pause the plan for at least two weeks.
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Despite a U.S.-brokered ceasefire for Lebanon reached in April, the Israeli military's campaign against Iran-backed Hezbollah is expanding.
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Oil prices rose on Monday after Israel instructed troops to push deeper into Lebanon amid renewed clashes with the Iran-backed Hezbollah group.
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The latest attacks came just before Lebanon and Israel hold their next round of direct talks in Washington starting Tuesday.
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Former Federal Reserve chairman Jerome Powell was honored with the "Profile in Courage" award for helping to safeguard the central bank from political pressure from the White House.
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Iran on Monday suspended talks with the United States to protest Israel's expanding offensive in Lebanon, according to government-aligned media.
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The AI revolution will be 50 times bigger than the dot-com revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday.
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The seizure of Beaufort in southern Lebanon called up bitter memories in both countries amid a widening Israeli conflict with Hezbollah that seems far from over.
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