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Global oil prices jumped after Israel said it had struck Iran, in a dramatic escalation of tensions in the Middle East. Benchmark oil contracts, Brent Crude and Nymex light sweet, were up by more than 10% after the news emerged. Traders are concerned that a conflict between Iran and Israel could disrupt supplies coming from the energy-rich region. The cost of crude oil affects everything from the price of food at the supermarket to how much it costs to fill up your car.

Iran has launched at least 100 suicide drones against Israel. Iran's retaliation may be underway.

US stock futures fell Thursday as an Israeli attack on Iran shook global markets, leading oil prices to spike as the Israeli defense minister declared a state of emergency. Futures attached to the Dow Jones Industrial Average (YM=F) dropped 1.5%. S&P 500 futures (ES=F) plunged 1.6%, and those attached to the tech-heavy Nasdaq 100 (NQ=F) sank 1.7%. On Thursday night, Israel conducted what it called a "preemptive strike" against Iran, citing fears over development of nuclear weapons in Tehran. Explosions erupted across the Iranian capital, reports said. Crude oil (CL=F) soared 8% as the strikes hit the third largest producer...

A federal judge has ruled that President Donald Trump acted illegally when he seized control of California’s National Guard during ICE-related riots in Los Angeles. U.S. District Judge Charles R. Breyer issued the decision Thursday, siding with Governor Gavin Newsom and ordering Trump to return control of the Guard to the state "forthwith." "His actions were illegal—both exceeding the scope of his statutory authority and violating the Tenth Amendment to the United States Constitution," Breyer wrote. "He must therefore return control of the California National Guard to the Governor of the State of California forthwith." "Federalism is not optional," the...

Seems Trump is crawfishing on immigration as he said maybe we need to allow them to stay and overlook their legal status...

When immigration agents pulled up outside a Los Angeles car wash on a quiet Sunday afternoon, it sparked instant chaos. Some customers at the Westchester Hand Wash, which sits in the centre of a busy shopping area just blocks from the city's airport, froze as the officers in olive-green uniforms approached, CCTV footage obtained by the BBC shows. Two employees who spotted them ducked behind a luxury SUV they were wiping down with a rag. Another worker halfway through cleaning the back window of a car looked up. Then all at once they scattered and ran, some jumping over a...

pharmacy benefit managers keep a big chunk for themselves — on average, $0.42 of every $1 spent on brand-name drugs in the commercial market, by one estimate .... “Shark Tank” entrepreneur Mark Cuban launched the Cost Plus Drug Company in 2022 to bypass these middlemen....The company tacks on 15 percent for overhead and a $5 filling fee.

President Trump told Israeli Prime Minister Benjamin Netanyahu in their Monday phone call that he believes there's a chance of reaching a nuclear deal with Iran and he therefore opposes military action at this time, an Israeli official and a U.S. official tell Axios. Why it matters: The call between Trump and Netanyahu took place several days before the expiration of the two-month deadline Trump gave Iran for reaching a deal. Iranian officials have been finalizing their response to the U.S. nuclear deal proposal, and are expected to deliver a formal rejection this week. A sixth round of nuclear talks...

In a nutshell * Steroid injections were associated with faster arthritis progression compared to no treatment or hyaluronic acid injections * Hyaluronic acid injections showed signs of slowing disease progression while still providing pain relief * Both treatments reduced pain, but only steroid shots were linked to concerning structural changes on MRI scans ============================================================ SAN FRANCISCO — Getting a cortisone shot for knee arthritis might provide quick pain relief, but new research reveals a troubling association: those steroid injections may be linked to faster joint damage over time. A surprising study found that patients who received corticosteroid injections showed more...

Vice President JD Vance acknowledged the deepening feud between Elon Musk and President Trump but emphasized his hope that Musk could eventually reconcile with the Trump administration, praising Musk’s past efforts with DOGE and calling him a “transformational entrepreneur.” While defending Trump and dismissing Musk’s Epstein-related claims as baseless, Vance warned that Musk’s aggressive political stance could backfire, both for his companies and the broader national interest.It’s been pointed out by many spectators that the feud between the world’s richest man, Elon Musk, and arguably the world’s most powerful man, Donald Trump, is not going to end well for any...

Donald Trump has frequently poured scorn on those who served in the US military. Even though he avoided serving after obtaining a note from a friendly doctor who said he had bone spurs, he famously mocked late Republican John McCain, the 2008 presidential candidate and a prisoner-of-war, saying he preferred people who did not get captured. He would later stun his chief of staff, former Marine General John Kelly, during a visit to France for the centennial anniversary of the end of the First World War, when he allegedly claimed those who gave their lives were “suckers” and “losers”. Now,...

Donald Trump warned Elon Musk on Saturday that he faces “very serious consequences” if he funds Democratic candidates following the pair’s epic public bust-up this week. The warning, delivered in an interview with NBC News scheduled to broadcast on Sunday, follows days of feuding and threats after Musk called Republicans’ budget legislation an “abomination”. Trump told interviewer Kristen Welker his relationship with the tech mogul was over and warned Musk against choosing to fund Democrats after spending close to $300m in support of Trump’s re-election last year. “If he does, he’ll have to pay the consequences for that,” Trump told...

Musk and Gor disliked each other since before Trump reclaimed power on Jan. 20 — with the Tesla and SpaceX CEO describing Gor as “sleazy” during the transition and questioning his staffing picks. But the world’s richest man had the president’s ear and friendship through last week. Simmering behind the scenes was a grudge nursed by Gor over a March 6 Cabinet meeting, during which Musk “humiliated” him by slamming the pace of staffing the administration, said the sources, each of whom have interacted closely with Gor. “He was bragging to other people that he was going to get one...

Elon Musk posted a poll on X on Thursday asking followers whether they support the idea of a new political party to take on the Republicans and Democrats. Why it matters: The richest man in the world is publicly feuding with the most powerful man in America, whom he spent record-setting sums to elect. We're about to find out what Musk is prepared to do about it. Driving the news: Trump told reporters in the Oval Office on Thursday that he was "disappointed in Elon" for coming out against his "Big Beautiful Bill." Trump speculated it was because the bill...

PULSE POINTS:❓What Happened: The Office of Management and Budget (OMB) says its analysis of President Donald J. Trump’s “One Big Beautiful Bill” finds the legislation introduces historic fiscal reforms, achieving $1.7 trillion in mandatory savings and reducing the deficit by $1.407 trillion. This analysis contradicts a fiscal score released by the Congressional Budget Office (CBO) that claims the bill would increase the deficit by $2.4 trillion.👥 Who’s Involved: President Donald J. Trump, the Congressional Budget Office (CBO), the Office of Management and Budget (OMB), OMB Director Russ Vought, Elon Musk, and the U.S. Congress.📍 Where & When: The OMB’s top-line...

President Trump is planning on parting ways with all traces of Elon Musk — including the Tesla he bought at full price on March 11. The president is looking to now sell or give away his red Tesla, a White House official confirmed to The Post. The vehicle is currently parked in the White House parking lot and was intended for staff use. Trump made a big show of buying the Tesla weeks ago to support Musk, who was suffering from nation-wide attacks on Tesla vehicles and buildings. But Trump is still hot over his massive fight with Musk that...

*** Driving the news: In a letter to Attorney General Pam Bondi and FBI Director Kash Patel first obtained by Axios, Reps. Stephen Lynch (D-Mass.) and Robert Garcia (D-Calif.) asked that they "immediately clarify whether this allegation is true." The lawmakers asked for a timeline of the DOJ's declassification and publication of the Epstein files, an explanation for why they haven't turned over any new documents since February. And they requested a description of Trump's role in reviewing the files, a list of personnel involved in their release and an answer for why files previously released to Congress contained "significant...

“Sometimes you see two young children fighting like crazy,” Mr. Trump said on Thursday in an Oval Office news conference. “They hate each other, and they’re fighting in a park, and you try and pull them apart. They don’t want to be pulled. Sometimes you’re better off letting them fight for a while and then pulling them apart.” “And I gave that analogy to Putin yesterday,”“I said, ‘President, maybe you have to keep fighting and suffering a lot, because both sides are suffering, before you pull them apart, before they’re able to be pulled apart.’” Merz had come to Washington...

Stephen K. Bannon, one of Elon Musk’s most vocal critics, said he was advising the president to cancel all of the tech billionaire’s contracts and launch several investigations into the world’s richest man. “They should initiate a formal investigation of his immigration status, because I am of the strong belief that he is an illegal alien, and he should be deported from the country immediately,” Mr. Bannon, the former top aide to President Trump who is now an influential ally and informal adviser, said in an interview. ...Mr. Bannon said the Trump administration should also investigate Mr. Musk’s drug use,...

When it comes to sharing his opinions on pretty much any topic, Steve Bannon has never been shy, and today, in defense of his good friend, Donald J. Trump, Bannon eviscerated the world’s wealthiest man, calling him ‘incompetent,” and suggesting Musk had no business receiving the kind of trust or praise Trump bestowed upon him. Today, while speaking with two of his co-hosts, former US Congressman Dave Brat and social media personality Jack Posbiec, Steve Bannon appeared to have had enough of the very public feud between Elon Musk and President Trump and mercilessly unloaded on Musk. “Elon Musk is...