Pres. Trump Sends Mixed Iran Signals With Ceasefire Hint
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Kenneth Pollack, Vice President for Policy at the Middle East Institute, discusses President Trump's two week delay on deciding whether or not the US will strike Iran. PWC National Tax Office Co-Leader Rohit Kumar shares his thoughts on the latest with the Tax Bill & the US Senate. Rebecca Shi, American Business Immigration Coalition Executive Director, discusses the impact ICE raids are having on the US labor force. (Source: Bloomberg)
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21 minutes ago
- Yahoo
James Carville Calls Out Fox News On Live TV For Playing Into This 'Giant Lie'
James Carville on Friday took on Fox News after host Martha MacCallum tried to push back at his criticism of President Donald Trump as he weighs U.S. military action against Iran amid Israel's war on the country. The longtime Democratic strategist, when asked about Trump's decision-making in a live Fox News appearance, reminded MacCallum of the network's history covering the lead-up to the U.S. invasion of Iraq (and the resulting war). 'I'm old enough to remember 2002 when this network and everybody else was beating war drums as loud as you could beat war drums, that there was every evidence of weapons of mass destruction. Of course, it turned out to be a giant lie,' he said of the Bush administration's pretext for the invasion. MacCallum interjected, 'You think this is like that?' Carville chimed back in, 'I don't know but I do know the government lied to me profoundly 22 years ago, that I do know, why would I trust this government more than I trust —.' MacCallum pointed to a clip she played earlier of David Albright, a nuclear weapons expert, who argued that there's not a sort of 'redux' of the Iraq War claims when it comes to the Iranian nuclear program. Carville jumped back in, 'Again, you are free to beat the war drums as loud as you want to —.' MacCallum replied, 'I'm not beating any war drums, I'm just reporting the facts.' Another panelist, OutKick founder Clay Travis, hopped into the crosstalk before Carville hit back. 'Excuse me for speaking while you're interrupting me,' Carville said. He later continued by noting that Director of National Intelligence Tulsi Gabbard testified to the Senate in March that Iran wasn't building a nuclear weapon, a comment that Trump has since dismissed. 'I think that he needs to take his time, they need to assess it and they need to give us a very clear rationale for why this step is necessary to start a war with 92 million people, that's all I'm saying,' added Carville of Trump, who has stressed that Iran is a matter of weeks away from completing a nuclear weapon. 'And that country has 92 million people, half have a college degree, half of those are women and I just don't think it's a good idea to rush headlong into a war. I'm sorry. I was skeptical in 2002 and I'm skeptical in 2025.' Carville: I'm old enough to remember in 2002 when this network was beating war drums as loud as you could beat war drums about WMDs— of course, it turned out to be a giant We just heard from an expert who said there's so much You are free to… — Acyn (@Acyn) June 20, 2025 Trump's Plan To Stop Harvard From Hosting Foreign Students Blocked CNN Data Chief Exposes How Trump Totally Lost This 'Political Battle' Trump Shuts Down Tulsi Gabbard On Iran: 'She's Wrong'
Associated Press
22 minutes ago
- Associated Press
Many Americans are witnessing immigration arrests for the first time and reacting
SAN DIEGO (AP) — Adam Greenfield was home nursing a cold when his girlfriend raced in to tell him Immigration and Customs Enforcement vehicles were pulling up in their trendy San Diego neighborhood. The poet and podcast producer grabbed his iPhone and bolted out the door barefoot, joining a handful of neighbors recording masked agents raiding a popular Italian restaurant nearby, as they yelled at the officers to leave. An hour later, the crowd had grown to nearly 75 people, with many in front of the agents' vehicles. 'I couldn't stay silent,' Greenfield said. 'It was literally outside of my front door.' More Americans are witnessing people being hauled off as they shop, exercise at the gym, dine out and otherwise go about their daily lives as President Donald Trump's administration aggressively works to increase immigration arrests. As the raids touch the lives of people who aren't immigrants themselves, many Americans who rarely, if ever, participated in civil disobedience are rushing out to record the actions on their phones and launch impromptu protests. Arrests are being made outside gyms, busy restaurantsGreenfield said on the evening of the May 30 raid, the crowd included grandparents, retired military members, hippies, and restaurant patrons arriving for date night. Authorities threw flash bangs to force the crowd back and then drove off with four detained workers, he said. 'To do this, at 5 o'clock, right at the dinner rush, right on a busy intersection with multiple restaurants, they were trying to make a statement,' Greenfield said. 'But I don't know if their intended point is getting across the way they want it to. I think it is sparking more backlash.' Previously many arrests happened late at night or in the pre-dawn hours by agents waiting outside people's homes as they left for work or outside their work sites when they finished their day. When ICE raided another popular restaurant in San Diego in 2008, agents did it in the early morning without incident. White House border czar Tom Homan has said agents are being forced to do more arrests in communities because of sanctuary policies that limit cooperation with ICE in certain cities and states. ICE enforces immigration laws nationwide but seeks state and local help in alerting federal authorities of immigrants wanted for deportation and holding that person until federal officers take custody. Vice President JD Vance during a visit to Los Angeles on Friday said those policies have given agents 'a bit of a morale problem because they've had the local government in this community tell them that they're not allowed to do their job.' 'When that Border Patrol agent goes out to do their job, they said within 15 minutes they have protesters, sometimes violent protesters who are in their face obstructing them,' he said. 'It was like a scene out of a movie' Melyssa Rivas had just arrived at her office in the Los Angeles suburb of Downey, California one morning last week when she heard the frightened screams of young women. She went outside to find the women confronting nearly a dozen masked federal agents who had surrounded a man kneeling on the pavement. 'It was like a scene out of a movie,' Rivas said. 'They all had their faces covered and were standing over this man who was clearly traumatized. And there are these young girls screaming at the top of their lungs.' As Rivas began recording the interaction, a growing group of neighbors shouted at the agents to leave the man alone. They eventually drove off in vehicles, without detaining him, video shows. Rivas spoke to the man afterward, who told her the agents had arrived at the car wash where he worked that morning, then pursued him as he fled on his bicycle. It was one of several recent workplace raids in the majority-Latino city. The same day, federal agents were seen at a Home Depot, a construction site and an LA Fitness gym. It wasn't immediately clear how many people had been detained. 'Everyone is just rattled,' said Alex Frayde, an employee at LA Fitness who said he saw the agents outside the gym and stood at the entrance, ready to turn them away as another employee warned customers about the sighting. In the end, the agents never came in. Communities protest around ICE buildings Arrests at immigration courts and other ICE buildings have also prompted emotional scenes as masked agents have turned up to detain people going to routine appointments and hearings. In the city of Spokane in rural eastern Washington state, hundreds of people rushed to protest outside an ICE building June 11 after former city councilor Ben Stuckart posted on Facebook. Stuckart wrote that he was a legal guardian of a Venezuelan asylum seeker who who went to check in at the ICE building only to be detained. His Venezuelan roommate was also detained. Both men had permission to live and work in the U.S. temporarily under humanitarian parole, Stuckart told The Associated Press. 'I am going to sit in front of the bus,' Stuckart wrote, referring to the van that was set to transport the two men to an ICE detention center in Tacoma. 'The Latino community needs the rest of our community now. Not tonight, not Saturday but right now!!!!' The city of roughly 230,000 is the seat of Spokane County, where just over half of voters cast ballots for Trump in the 2024 presidential election. Stuckart was touched to see his mother's caregiver among the demonstrators. 'She was just like, 'I'm here because I love your mom, and I love you, and if you or your friends need help, then I want to help,'' he said through tears. By evening, the Spokane Police Department sent over 180 officers, with some using pepper balls, to disperse protesters. Over 30 people were arrested, including Stuckart who blocked the transport van with others. He was later released. Aysha Mercer, a stay-at-home mother of three, said she is 'not political in any way, shape or form.' But many children in her Spokane neighborhood -- who play in her yard and jump on her trampoline -- come from immigrant families, and the thought of them being affected by deportations was 'unacceptable,' she said. She said she wasn't able to go to Stuckart's protest. But she marched for the first time in her life on June 14, joining millions in 'No Kings' protests across the country. 'I don't think I've ever felt as strongly as I do right this here second,' she said. _____ Offenhartz reported from Los Angeles and Rush from Portland, Oregon.
Yahoo
24 minutes ago
- Yahoo
Here are 10 stocks Goldman Sachs expects to be winners after a wild first half for the market
Goldman Sachs just updated one of its stock baskets with its picks for the highest risk-adjusted returns. The basket has outperformed the S&P 500 so far this year, gaining 3% year-to-date. The S&P 500's overall risk-adjusted return has been lower than usual so far this year, strategists said. It's been a volatile year for stock traders, but there are a handful of new winners in the S&P 500 that could be poised for big gains over the next 12 months, according to Goldman Sachs. In a note to clients on Friday, the bank said it updated its Sharpe Ratio basket, a list of 50 stocks with the highest expected risk-adjusted returns. So far, the basket has gained 3% year-to-date, edging past the S&P 500's 1.7% gain. The S&P 500's overall risk-adjusted return has been "lower than usual" so far in 2025, the strategists said, pointing to increased volatility and lower-than-average returns stemming from fears around tariffs. The bank rebalanced its portfolio by choosing stocks with a high prospective Sharpe Ratio, a gauge for risk-adjusted returns calculated by dividing a percentage return to a stock's consensus 12-month price target by its six-month option-implied volatility. "Currently, the median S&P 500 stock is expected to post an 11% return to its 12-month consensus price target with a 6-month implied volatility of 28, yielding a prospective risk-adjusted return of 0.4," the bank wrote. Here are the top 10 newest additions to Goldman's Sharpe basket. Ticker: MRNA Return to consensus price target: 88% Expected return over implied volatility: 1.3 Ticker: VTRS Return to consensus price target: 61% Expected return over implied volatility: 1.5 Ticker: ENPH Return from consensus price target: 45% Expected return over implied volatility: 0.6 Ticker: PCG Return to consensus price target: 45% Expected return over implied volatility: 1.1 Ticker: TMO Return to consensus price target: 42% Expected return over implied volatility: 1.2 Ticker: FI Return to consensus price target: 37% Expected return over implied volatility: 1.2 Ticker: COO Return to consensus price target: 37% Expected return over implied volatility: 1.2 Ticker: CRM Return to consensus price target: 37% Expected return over implied volatility: 1.1 Ticker: LEN Return to consensus price target: 34% Expected return over implied volatility: 0.9 Ticker: EPAM Return to consensus price target: 33% Expected return over implied volatility: 0.8 Read the original article on Business Insider
