has told senators , mostly to cover the cost of the , adding to an already sizable military spending boost sought by . Defense Secretary has been making the rounds on Capitol Hill ahead of a formal request as Iran鈥檚 president is in Pakistan to facilitate negotiations on ending the war.
Trump will visit a Mack Truck facility in a battleground district , shifting attention to the U.S. economy in his first major public event beyond the capital since .
National Guard members and U.S. Park Police have been patrolling as the Trump administration faces a self-imposed deadline to fix a botched renovation before the nation鈥檚 250th anniversary celebration.
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Justices give US corporations big wins
The Cisco and ExxonMobil rulings, issued the same day, open U.S. courts in one case involving a foreign government while shutting the door in another. But they involved very different statutes.
The Cisco decision was the latest to rule against plaintiffs seeking to use U.S. courts as a venue to seek justice over the acts of foreign governments, especially those that took place abroad. Falun Gong members sought unsuccessfully to overcome that skepticism by arguing that a substantial portion of Cisco鈥檚 activities involving China took place in the United States.
The Cuba case hinged on whether the 1996 Helms-Burton law removes the shield from lawsuits in U.S. courts that typically cover foreign countries and state-owned businesses. The justices reversed a lower-court ruling that found that the Cuban state-owned companies are immune from lawsuits in U.S. courts.
Supreme Court OKs ExxonMobil suit over property seized by Castro鈥檚 government
The has ruled that ExxonMobil can sue Cuban state-owned companies in American courts over property on the island nation that was seized after Fidel Castro took power.
The 6-3 decision was in favor of U.S. owners of Cuban property confiscated by the Communist government more than 65 years ago.
The outcome in the two cases could be an additional lever for the Trump administration to exert pressure on Cuba, which is already being squeezed by a U.S. oil embargo.
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Supreme Court kills suit claiming Cisco鈥檚 technology helped China persecute Falun Gong members
The on Tuesday granted tech giant to shut down a lawsuit that claimed the company鈥檚 technology was used to persecute members of the Falun Gong spiritual movement in China.
The justices ruled that American courts are the wrong forum, rejecting plaintiffs鈥� attempts to litigate under the 18th-century Alien Tort Statute (ATS) and the Torture Victim Protection Act (TVPA), first enacted in 1991.
showed that American tech companies, to a large degree, designed and built China鈥檚 surveillance state, encouraged by both Republican and Democratic administrations, even as activists warned such tools were being used to , and . Last month, AP won the Pulitzer Prize in international reporting for its stories.
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Wall Street points to another day of losses, led by an ongoing sell-off in tech
Futures for the S&P 500 fell 1.2% before the opening bell Tuesday, while futures for the Dow Jones Industrial Average retreated 0.4%. Futures for the technology-heavy Nasdaq tumbled 2.6% following a 1.3% loss Monday. The Nasdaq has suffered heavy selling for days as investors grow anxious over massive spending by artificial intelligence companies and looming interest rate hikes in the U.S., which will make it more expensive for companies to fund growth through borrowing.
Chip companies were among the biggest losers in overnight trading, with Micron and Intel both down more than 7%. Qualcomm fell 6.3%. Companies that specialize in memory and data storage were also taking a beating. Sandisk fell nearly 9% and Seagate was down 7.2% early.
And Elon Musk鈥檚 SpaceX, which owns xAI, slipped another 1% before the bell after a 16.4% tumble to start the week.
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Iran鈥檚 president visits Pakistan for crucial talks on ending war
Iranian Foreign Minister Abbas Araghchi also joined the delegation in Masoud Pezeshkian鈥檚 first visit to Islamabad since the conflict started with the U.S. and Israeli attack on Iran on Feb. 28.
Iran鈥檚 talks Tuesday with officials mediating negotiations between Tehran and Washington on a come as discrepancies emerge on what has been agreed to so far, and as more violence broke out in Lebanon.
following high-level negotiations in Switzerland Monday led by Vance and Iran鈥檚 parliamentary speaker, Mohammad Bagher Qalibaf.
Iran Foreign Ministry spokesperson Esmail Baghaei told reporters that no visits were scheduled for the U.N. watchdog 鈥� the International Atomic Energy Agency 鈥� to examine Iranian nuclear sites bombed by the United States last year. Vance previously said the negotiations in Switzerland won an agreement for the inspectors to visit the sites.
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Discrepancy on Iran鈥檚 use of unfrozen funds
Following the high-level talks in Switzerland, Vice-President JD Vance had said if Iranian financial assets were unfrozen, they 鈥渨ould actually go to buy American soy, American corn and American wheat for the benefit of the Iranian people.鈥�
However, Iran has no current demand for U.S. crops, and Foreign Ministry spokesperson Esmail Baghaei said on Tuesday that Tehran鈥檚 decisions on what to import would be based on 鈥減rices and quality.鈥�
鈥淚t is interesting that the philosophy and goal of the war, which was the destruction of the Iranian civilization and the collapse of Iran, has become enriching American farmers,鈥� Baghaei said in Tehran.
Iran鈥檚 ambassador in Geneva, Ali Bahreini, also questioned Vance鈥檚 contention that the U.S. and Qatar would have to approve how Iran uses unfrozen funds. 鈥淚ran is the only country who decides what to do with those assets,鈥� he told reporters.
Trump says Iran will buy US corn, soy and wheat. It won’t likely happen soon
Trump has heralded the peace talks with Iran as a win for U.S. farmers, saying that the unfreezing of sanctioned Iranian money will be tied to that country buying American-grown corn, soybeans and wheat.
鈥淭hese are things that are desperately needed by Iran,鈥� Trump posted on social media. 鈥淭his is a humanitarian crisis, and I feel it is necessary to help.鈥�
But Iran is unlikely to start buying a vast amount of U.S. farm products.
鈥淚 don鈥檛 expect that trade would be very large in the short run,鈥� said Joseph Glauber, a research fellow emeritus at the International Food Policy Research Institute.
Glauber noted that Iran was 鈥渦nlikely鈥� to abandon its other trade partners on food for America. He said Iran鈥檚 major suppliers include Brazil, India, Turkey, the European Union, Canada, Australia and Argentina and that Trump鈥檚 demand to buy from the U.S. would 鈥渃reate some hard feelings with some of our competitors.鈥�
Authorities arrest 2 more suspects in planned attack on Trump鈥檚 UFC show
Two more people in Missouri and Washington state have been arrested in connection with what authorities say was a planned attack targeting Trump鈥檚 UFC cage-fighting show at the White House earlier this month.
Law enforcement officials disrupted the plan a few days before the June 14 White House event, according to court documents.
William Lee Spartacus Falkner of Belfair, Washington, was arrested Friday and charged with conspiracy to commit murder, according to court documents filed Monday in the Western District of Washington. Jordan W. Rincker, 28, was arrested Sunday and charged with conspiracy to commit murder in the Western District of Missouri. A defense attorney appointed to represent Falkner did not immediately respond to an email requesting comment, and court records do not reveal if Rincker has obtained an attorney. Neither man has had the opportunity to enter a plea.
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Judge blocks use of federal database to check citizenship, saying it could wrongly purge voters
A federal judge on Monday ruled that a recently revamped version of a federal tool central to the Trump administration鈥檚 efforts to nationalize elections can no longer be used.
U.S. District Court Judge Sparkle L. Sooknanan sided with advocacy groups that argued the recent upgrades to the program, called Systematic Alien Verification for Entitlements, or SAVE, aggregated Americans鈥� sensitive personal data in a way that could result in voters being wrongly purged from voter rolls.
She said Congress had expressly prohibited the government from centralizing Americans鈥� personal identifying information and that the federal agencies that created the SAVE program 鈥渒new that the database violates those statutory protections.鈥�
The decision is a major for Trump in to use federal agencies to encourage a nationwide on state voter rolls. The modified SAVE system had been a key pillar of the the Republican president signed earlier this year. The ruling leaves its future uncertain.
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Patrols and nanobubbles at the Reflecting Pool as Trump seeks a renovation do-over
National Guard members and U.S. Park Police patrolled the deck around the Lincoln Memorial Reflecting Pool on Monday as President Donald Trump鈥檚 administration faces a self-imposed deadline to fix a botched renovation before the nation鈥檚 250th anniversary celebration.
The patrols came two days after Trump said authorities had made 鈥渕ultiple arrests鈥� of people he insisted were responsible for damage to the peeling coating after an algae bloom occurred. The liner was installed as part of his $14 million-plus project.
The president has confirmed the problems most likely require draining the pool again for liner repairs and he promised a quick fix. Without offering substantiation, he also said vandals dumped fertilizer in the pool and slashed the coating with a box cutter.
But the timeline was not clear Monday, with the White House saying damaged areas are still being assessed. Contractors and federal workers in recent days have been using chemicals and ozone nanobubbles to combat the algae.
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Trump will visit a Mack Truck facility in swing state Pennsylvania, casting attention on the economy
Trump is going to a Mack Truck facility in a battleground district in swing state Pennsylvania Tuesday, shifting attention to the U.S. economy in his first major public event beyond the capital since .
Trump鈥檚 trip to the Allentown-area business comes as he works to try to put the conflict 鈥� and the higher gasoline prices it caused 鈥� in the rearview mirror as draw closer.
It鈥檚 the president鈥檚 fifth second-term visit to Pennsylvania, a key state whose support in 2016 and 2024 helped him to the White House. The Macungie, Pennsylvania, facility is in the 7th Congressional District, where incumbent Republican Rep. Ryan Mackenzie faces Democratic challenger Bob Brooks in November.
The visit comes amid that could color the verdict voters render on Trump鈥檚 stewardship in the fall. About one-third of U.S. adults approved of Trump鈥檚 approach to the economy, according to a June poll. That鈥檚 in line with last month for Trump on the issue.
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Pentagon seeks $80 billion from Congress for Iran war
has told senators it needs roughly $80 billion, mostly to cover the cost of the , adding to what is already a sizable military spending boost being sought by .
The White House Office of Management and Budget has yet to make a formal request to Congress. But Defense Secretary has been making the rounds on Capitol Hill, including Monday evening. A top deputy defense secretary told senators about the Iran funding request last week, according to two people familiar with the situation but not authorized to discuss it publicly.
The Wall Street Journal first reported on the developments.
The push for billions of dollars in Iran war funding comes at a . Lawmakers are skeptical of to bring an end to the war, and wary of next steps. The White House has requested a remarkable 鈥� a nearly 50% increase over the current fiscal year鈥檚 funding levels.
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