Suspect Captured, Ending Two-Day Manhunt - CNN This Morning with Audie Cornish - Podcast on CNN Audio
Suspect Captured, Ending Two-Day Manhunt CNN This Morning 47 mins
Following an intense manhunt, law enforcement apprehend Vance Boelter, the man accused of killing a Minnesota state representative and wounding another. Plus, Israel and Iran trade attacks overnight as the world calls for diplomacy. Is there any hope for de-escalation? Then: Is the Trump Administration feeling the backlash from its immigration crackdown?
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Yahoo
29 minutes ago
- Yahoo
Oil prices fall and stocks rise, despite ongoing Israel-Iran conflict
Oil prices fell and stocks climbed on Monday, indicating optimism among investors about the limits of economic fallout from the ongoing Israel-Iran conflict. The Dow Jones Industrial Average jumped 361 points, or 0.8%, by midday erasing much of the losses suffered on Friday as back-and-forth strikes broke out between the two countries. The S&P 500 climbed 0.9% on Monday, while the tech-heavy Nasdaq increased 1.4% by midday. In each case, the gains erased nearly all of the losses suffered as the conflict began days earlier. MORE: Israel-Iran live updates: Israel claims 'full' aerial control over Tehran Oil prices, meanwhile, ticked slightly lower on Monday, easing a surge in prices set off late last week as investors feared a wider regional war in the oil-rich Middle East. The U.S. West Texas Intermediate futures price -- a key measure of U.S. oil prices -- dropped 1.8% on Monday. Brent crude future prices, another top measure of oil prices, also fell about 1.9%. Each index had climbed as much as 10% in the immediate aftermath of the conflict. Aerial attacks between Israel and Iran continued overnight into Monday, marking a fourth day of strikes following Israel's Friday attack. That surprise operation hit at the heart of Iran's nuclear program, striking key facilities and killing several nuclear scientists as well as high-ranking military leaders, according to Israeli officials. The U.S. did not provide any military assistance or have any involvement in Israel's Friday strikes, a U.S. official told ABC News. President Donald Trump told ABC News on Sunday, "It's possible we could get involved." The U.S. did provide assistance in shooting down incoming missile and drone attacks from Iran in response to Israel's initial barrage, officials said. The drop in oil prices may ease a potential uptick in the price of gasoline for U.S. drivers. Since crude oil makes up the top ingredient in car fuel, the Israel-Iran conflict threatened to modestly increase prices over the coming days and significantly hike them in the event of a wider war, experts previously told ABC News. MORE: Trump says 'it's possible' US gets involved in Israel-Iran conflict 'By later this week, we'll likely see nearly all states with price increases as retail gas prices rise following Iran/Israel attacks,' Patrick de Haan, the head of petroleum analysis at GasBuddy, said on Monday in a post on X. The move higher for U.S. stocks mirrored gains in markets across Asia and Europe. The STOXX Europe 600 index ticked up 0.3% by mid-afternoon local time. In Japan, the Nikkei 225 in Tokyo climbed 1.2% on Monday. ABC News' David Brennan contributed to this report.. Oil prices fall and stocks rise, despite ongoing Israel-Iran conflict originally appeared on 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
Bloomberg
29 minutes ago
- Bloomberg
Harvard Judge Says Foreign Student Ban Likely to Harm School
A federal judge said that Harvard University is likely to show that it will suffer irreparable harm if the government is able to stop international students from attending the Ivy League school. US District Judge Allison Burroughs said at a hearing Monday that the government has an 'uphill battle' on the issue, a key factor in whether she will extend her temporary order preventing the Trump administration from refusing to give foreign students visas to attend the university. Burroughs said she would rule on whether to issue a preliminary injunction by June 23.
Fast Company
30 minutes ago
- Fast Company
New Trump Mobile brand offers 5G plan and MAGA-themed gold phone
For years, President Trump has had a famous affinity for his personal cell phone. He's been known to rely on the device to contact world leaders, arrange business deals, and answer calls from a flurry of daily unknown numbers —often in spite of potential security threats. Early this month, The Atlantic called him 'the ultimate Phone Guy' in an article detailing his aides' concerns around his phone use. Now, The Trump Organization appears to be spinning Trump's 'Phone Guy' reputation into yet another business venture: a mobile service and smartphone brand called Trump Mobile. According to a press release published Monday, Trump Mobile—also known as 'T1 Mobile'—is a 'new cellular service designed to deliver top-tier connectivity, unbeatable value and all-American service.' The release notes that the brand will provide 5G service through all three major cellular carriers (AT&T, T-Mobile, and Verizon). Its flagship offering, 'The 47 Plan,' costs $47.75 per month and includes features like roadside assistance, unlimited data, and telehealth services. Alongside the cellular plan, Trump Mobile is debuting a $499 gold smartphone called the 'T1 Phone,' slated for release this fall. Gold all the way down The site itself features an ultra-simple, almost bare-bones design—including a blocky, all-caps sans-serif font, gold accents, and several stock images of smiling customers. Along a similar vein, available renderings of the T1 Phone include a mocked-up home screen with the slogan ' Make America Great Again ' rendered beneath a 'Trump Mobile' logo, as well as the back of the phone, which is embossed with an image of the American flag and the 'T1' symbol. The phone's operating system is an Android 15. While it's unclear exactly how the phone's gold hue has been achieved, the look echoes an emerging design theme from Trump's second term. In 2004, Trump told reporters that the reign of Louis XIV represented his 'favorite style,' and since taking office this January, echoes of that gilded inspiration have appeared in several places around the President. In the Oval Office itself, Trump has implemented a slew of gold decor. Last month, he accepted a luxury jet from Qatar that's decked out in gold furniture. And last week, Trump debuted a physical 'gold card' visa scheme as a dubious way to allow wealthy immigrants into the U.S. Now, the T1 Phone, like the countless other pieces of Trump merch before it, will serve as a piece of walking advertising for the President's personal brand. Blurred lines between office and profit The Trump Organization's new phone business is the most recent in a large existing catalog of licensing deals and branded-merch agreements that rely on the President's likeness—from guitars and Bibles, to watches, sneakers, and fragrances. According to a financial disclosure form filed last Friday, these income streams represented more than $8 million in profits for the President in 2024. In order to avoid potential conflicts of interest, The Trump Organization (which manages the majority of Trump's business ventures) reported ahead of Trump's inauguration that control of the company would be given to his children for the duration of his term. Based on the press release, Trump Mobile will be spearheaded by Donald Trump Jr. and Eric Trump. And, because the brand uses the Trump name through a trademark license, its website notes that 'its products and services are not designed, developed, manufactured, distributed or sold by The Trump Organization or any of their respective affiliates or principals.' Still, experts say there are still plenty of ethical concerns around Trump's business ventures. This term, Trump stands to profit from holdings in cryptocurrency, real estate, social media, and consumer products, all of which are bolstered by his status as President. In an interview with Reuters, Paolo Pescatore, TMT analyst at PP Foresight, explained that this new cellular business presents new questions, given that Trump Mobile's actual commercial relationship with telecom players is 'unclear.' In a series of interviews this morning, Trump's sons indicated that Trump Mobile phones would be 'American-made,' with a call center located in St. Louis, Missouri. This emphasis on American manufacturing, echoed on the website, comes in the wake of Trump's sweeping tariffs, which has put phone manufacturing in its crosshairs, given that most phones (and phone components) purchased in the U.S. are made in China, Vietnam, South Korea, and India. Trump Mobile did not immediately respond to Fast Company 's request for clarification on the phones' manufacturers, designers, and distributors. 'No one who has been paying attention could miss that President Trump considers the presidency a vehicle to grow his family's wealth,' Lawrence Lessig, a law professor at Harvard Law School, told Reuters of Trump Mobile. 'Maybe this example will help more come to see this undeniable truth.'
