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Israel makes fresh hits on Iran following the weekend strike by U.S. B-2's. The administration says it's not about regime change. Oklahoma City thunders to its first NBA title. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
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In the wake of President Donald Trump’s decision to bomb Iranian nuclear facilities and the continuation of missile exchanges between Iran and Israel, stock, bond, and oil markets are in a holding pattern. This morning, we'll unpack how financial markets are responding to war headlines. Plus, the big tax and spending legislation includes a ban on state AI regulation and would override more than 100 local laws already on the books.
From the BBC World Service: We're tracking volatility in global oil prices following U.S. attacks on Iran over the weekend. There's a renewed focus on a key oil transport waterway, the Strait of Hormuz, which Iran’s parliament voted to shut down. U.S. Secretary of State Marco Rubio has also called on China to influence the situation there. Plus, the Spanish city of Seville carried out a pilot project naming heat waves to raise public awareness and better prepare local economies.
After America’s strikes intended to destroy Iran’s nuclear programme, one question is whether they succeeded. Another is how Iran will respond; all of its options are bad ones. In the West people have been shedding religion for decades, but that secularist shift now seems to be slowing. And what is driving the decline of inverted commas (aka “quotation marks”).
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Runtime: 22 min
Plus: Trump’s ‘Big, Beautiful Bill’ gets paired back in the Senate as GOP leaders aim to get it to the president's desk by July 4th. And Tesla’s robotaxis hit the streets in Austin. Luke Vargas hosts.
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In California, the state Senate has voted in favor of a so-called AI Bill of Rights, which would establish new guardrails around automated decision systems. To learn more about them, Marketplace’s Nova Safo spoke with Kate Brennan, associate director of the think tank AI Now Institute.
A Pasadena immigration raid is rippling across L.A., where bus ridership has dropped amid growing fear of ICE enforcement on public transportation. A new study finds that plastic bag bans and fees are making a real difference—coastal cleanups show a sharp drop in bag pollution where policies are in place. The robotaxi wars are intensifying as Waymo, Zoox, and Tesla race toward a driverless future. Microsoft is planning another wave of job cuts, this time targeting sales roles as it pivots heavily toward AI.