US sends Iran first nuclear deal proposal
The US sent Iran a proposal for a nuclear deal on Saturday, hours after a new report found Tehran has dramatically boosted its supply of enriched uranium.
Washington's proposition, its first formal overture to Iran since negotiations began in April, calls for the country to cease uranium enrichment and for the creation of a regional nuclear power consortium.
US President Donald Trump said Friday that the countries were close to a deal, warning Iran's nuclear program would be eliminated if no agreement is reached.
But experts are skeptical Tehran would agree to essentially shut down its nuclear facilities: New IAEA revelations showing Iran has surged ahead in production could give the regime leverage in talks, The New York Times reported.
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New York Times
12 minutes ago
- New York Times
2025 NCAA baseball Super Regionals set: What are the most intriguing matchups?
By Mitch Light, Joe Rexrode, Lindsay Schnell and Mitch Sherman The 2025 NCAA baseball Super Regional field is set following six winner-take-all games on Monday. Top seed Vanderbilt and No. 2 seed Texas were both eliminated on Sunday, but five of the six other top-eight national seeds advanced and will serve as hosts next weekend. Advertisement The story on Monday night was Murray State, which became the 10th No. 4 seed to advance to the Super Regionals since the current format was instituted in 1999. The Racers, the champions of the Missouri Valley Conference tournament, held on for a 12-11 win over Ole Miss in Game 7 of the Oxford Regional on Monday night. Ole Miss trimmed a 12-3 deficit to 12-11 with five runs in the seventh and three in the eighth but went down quietly in the ninth. Little Rock, one of two teams in the field with a losing record, almost became a second No. 4 seed to advance, but the Trojans lost to LSU in the Baton Rouge Regional championship game. Here are the matchups in the Super Regionals: No conference has more teams in Super Regionals than the ACC 😤 — ACC Network (@accnetwork) June 3, 2025 Is this the year Duke finally gets over the hump? The program has reached the Super Regional three previous times under coach Chris Pollard but had to play each time on the road, losing at Texas Tech in 2018, Vanderbilt in 2019 and Virginia in 2023. Duke took the first game in each of those Supers but ultimately fell short. Now, the Blue Devils finally get to play at home, thanks to Murray State's magical run through the Oxford Regional. And how about those Racers! Murray State won the Regional in dramatic fashion, beating Ole Miss twice at Swayze Field to advance to the Supers for the first time in program history. The Racers got it done offensively, scoring a total of 42 runs in their four games in Oxford — three vs. Ole Miss and one vs. Georgia Tech. They will be facing a Duke pitching staff that gave up 10 total runs in three games at the Athens Regional, including only three to a powerful Georgia offense that leads the nation in home runs. — Light THAT moment… #GoRacers🏇 — Murray State Baseball (@RacersBaseball) June 3, 2025 This is a showcase of two of the SEC's — and by definition, the nation's — most talented teams. They might be the top two. Tennessee has prospects such as pitchers Liam Doyle and Marcus Phillips, and infielders Andrew Fischer and Gavin Kilen. Arkansas counters with star shortstop Wehiwa Aloy, outfielder Charles Davalan and pitchers Gage Wood and Zach Root. It's a talent bonanza. Advertisement It's also a continuation of the SEC's disappointment after an underwhelming performance in the Regionals. That one of these teams definitely won't get to Omaha is a downer for the league, especially considering some of the national seeds that didn't make it to the Supers. Tony Vitello returns to his former home to take on mentor Dave Van Horn in one of the sport's great environments. Arkansas took two out of three at home against Tennessee to end the regular season and had no issues cruising through the first weekend, but the Vols seem to have their edge back. — Rexrode The eight-nine matchup is always intriguing, but this one is especially so because after a wild Regional round, we don't have that many Supers featuring two top-16 seeds. And neither team had an easy path to get here. After Oregon State's opening home loss, the Beavers' chances were shaky, but OSU responded by scoring 43 (43!) runs in its final three Regional games. FSU needed some magic of its own to pull off a late-game comeback against Mississippi State and advance to its 19th (19th!) Super Regional, the most of any program in the country. Florida State has one of the top prospects in the country in junior left-hander Jamie Arnold. The Beavers boast one of the best freshmen in the nation in right-hander Dax Whitney. Though they aren't likely to start the same game — Arnold should be the Game 1 guy while Whitney is likely for Game 2 — we are probably in for a masterclass in pitching. — Schnell This battle of the four-letter state schools is a historical mismatch. The Roadrunners are in the NCAA postseason for the first time since 2013 — which happens to be the year that the Bruins last qualified for the College World Series. UCLA won it all 12 years ago. Coach John Savage, in his 21st season, aims to take a fourth UCLA team to Omaha. But UTSA will not be intimidated by the iconic jersey or the setting after it rolled Texas twice en route to sweeping the Austin Regional. It was one of several black eyes for the SEC in the opening weekend of the tournament. When it's over in Westwood, we'll see a representative from the American Athletic Conference or the Big Ten at the CWS. — Sherman (Photo of Murray State: Petre Thomas / Imagn Images)


CNBC
14 minutes ago
- CNBC
European markets are set to open higher ahead of flash inflation data
London was the No. 2 most-visited city in the world for 2023, according to Euromonitor International. Karl Hendon | Moment | Getty Images Good morning from London, welcome to CNBC's live blog covering all the action in European financial markets, as well as business news, analysis, earnings and data. Futures data from IG on Tuesday morning suggests London's FTSE will open 6 points higher at 8,787, Germany's DAX 42 points higher at 23,984, France's CAC 40 up 6 points at 7,741 and Italy's FTSE MIB up 106 points at 40,073. The specter of U.S. tariffs has returned to the fore for markets this week, after President Donald Trump said Friday that he will double tariffs on steel imports from 25% to 50% on June 4. Investors will also be monitoring any developments in trade talks between the U.S. and China, which soured last week. National Economic Council Director Kevin Hassett suggested Sunday that Trump and China's President Xi Jinping could have a conversation as soon as this week — Holly Ellyatt A cafe bar near the Eiffel Tower on Oct. 5, 2020, in Paris, France. Kiran Ridley | Getty Images News | Getty Images Investors in Europe will be keeping a close eye on the latest inflation data from the euro zone. Flash data from the single currency area is expected to show inflation cooled toward 2% in May, paving the way for the European Central Bank to deliver a widely expected 25 basis point rate cut at its next meeting on Thursday. Euro zone inflation was unchanged at 2.2% in April, missing expectations for a move lower. — Holly Ellyatt Traders work on the floor of the New York Stock Exchange on June 2, 2025. NYSE U.S. stock futures slipped on Tuesday morning after the major averages began June's trading on a positive note. In the regular session, the S&P 500 climbed 0.41%. The Nasdaq Composite advanced 0.67%, and the Dow added 35.41 points, or 0.08%. Stocks ended Monday higher despite rising tensions between China and the United States, with Beijing countering President Donald Trump's accusations that it had violated a temporary trade agreement. Investors had grown hopeful that the two countries could work out a trade deal, but this latest development points to negotiations taking a turn for the worse. Meanwhile, Asia-Pacific markets mostly rose overnight after China's manufacturing activity in May shrank at the fastest pace since September 2022, a private survey showed. The Caixin/S&P Global manufacturing purchasing managers' index came in at 48.3, missing Reuters' median estimate of 50.6 and dropping sharply from 50.4 in April, as a sharper decline in new export orders highlighted the impact of prohibitive U.S. tariffs. — Holly Ellyatt, Amala Balakrishner and Lisa Kailai Han
Yahoo
16 minutes ago
- Yahoo
5 Home Renovation Projects That Are Most Tariff-Proof
Even home renovation projects aren't immune to global politics. President Donald Trump's tariffs have shaken up the world economic order, and according to Better Homes and Gardens, they could cause the prices of construction and renovation materials to rise. But not every project is equally affected. 'When thinking about projects that aren't going to be as impacted by tariffs, you'll want to think about projects where the materials are typically sourced in the U.S.,' Angie Hicks, co-founder of home services website Angi (formerly Angie's List), wrote in an email. Read Next: Find Out: For homeowners looking to protect their budgets, these five renovation projects are among the most tariff-proof. Also see four ways the middle class can tariff-proof their wealth. 'Many maintenance and repair projects are tariff-proof in that they are unavoidable,' explained Marine Sargsyan, staff economist at Houzz, an online platform for home remodeling and design. 'Considering that more than half of U.S. homes were built before 1980 (51%), it's no surprise that dated exterior features and core systems require attention.' Unlike elective renovations, these projects are driven by necessity. Homeowners are more likely to prioritize them regardless of rising material costs. 'We always recommend tackling maintenance projects first to help prevent surprise expenses later,' Hicks said. 'This means making sure your roof is in good shape, getting an HVAC tune-up or taking care of any plumbing issues.' Check Out: Another type of renovation project homeowners should consider is a home system upgrade. 'While tariffs may impact some of the materials required to complete these projects, labor has a more significant implication on project budgets and timelines,' Sargsyan said. According to the 2025 U.S. Houzz & Home Study, some system upgrades, such as plumbing and electrical, have consistently been the second-most-frequent type of project for the past few years. 'Median spend for home system projects remained relatively stable year over year across almost all categories, with the exception of plumbing systems, for which spend jumped by 25%, to $1,500,' she added. Hicks wrote that a great example of a home renovation project that uses locally sourced materials is painting. While many American manufacturers of paint import ingredients, not all do. For example, Benjamin Moore's website states that the company makes all of its own resins and pigments in the U.S. Miller Paint is another American paint company that makes premium paints in the U.S. formulated specifically for the Pacific Northwest. 'You could also consider projects that are using locally sourced lumber for building things like shelves, cabinets and flooring,' Hicks explained. The U.S. obtains most of its lumber domestically, but it also imports a significant portion from Canada. 'The Q2 2025 Houzz U.S. Renovation Barometer found that construction professionals are most concerned about tariffs on lumber (83%),' Sargsyan explained. 'While a proposed additional 25% tariff on Canadian lumber was delayed and ultimately exempted, the dust hasn't settled and policy direction remains uncertain.' You can check where the lumber was sourced by its grading stamp, shelf tag at the store or lumberyard, or request the supplier or contractor to provide a certificate of origin. Some wood species are predominantly U.S.-grown, such as Southern Yellow Pine (SYP). You can also verify lumber origin using the FSC Search tool. 'Landscaping could be a great project as long as you're using plants and trees that are sourced in the U.S.,' Hicks recommended. Houzz found that more than half of renovating homeowners (53%) improved their outdoor spaces and typically completed nearly two outdoor projects on average. 'As we enter the summer season, it's a great time to invest in outdoor areas to extend the livable space of your home,' Sargsyan said. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates I'm a Retired Boomer: 6 Bills I Canceled This Year That Were a Waste of Money These 10 Used Cars Will Last Longer Than an Average New Vehicle This article originally appeared on 5 Home Renovation Projects That Are Most Tariff-Proof Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data