Bomb Iran? Trump needs to think about what happens next.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
19 minutes ago
- Yahoo
Stock market today: Dow, S&P 500, Nasdaq futures rise as Trump's tax bill heads to House
US stock futures rose as President Trump's sweeping spending bill headed to the House after narrowly passing the Senate. Futures attached to the Dow Jones Industrial Average (YM=F) ticked up 0.2%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) rose 0.3%. On Tuesday, stocks were mixed as Trump's "One Big Beautiful Bill" cleared the Senate, with Vice President JD Vance casting the tie-breaking vote. The bill now heads to the House, where Speaker Mike Johnson aims to pass the legislation by Thursday, July 4. Economists estimate the bill's final price tag could top $4 trillion. Meanwhile, Trump's pause on his "reciprocal" tariffs is set to expire on July 9, and the president has said he isn't considering an extension. The administration is now reportedly trying to close smaller trade deals before the deadline, after which the president has said he will send letters to countries assigning tariff rates. "I'll be writing letters to a lot of countries," Trump said on Tuesday. Read more: The latest on Trump's tariffs Finally, Wall Street is looking forward to the release of the June jobs report on Thursday as investors bet a rate cut from the Federal Reserve could land sooner rather than later. Any labor market weakness will be closely watched as it could strengthen the case for a cut. Markets across the Asia-Pacific region saw mixed trading early morning on Wednesday, with investors eyeing the potential of US interest rate cuts and the fast-approaching July 9 tariff deadline for deals to be struck between the US and major trading partners worldwide. Singapore's benchmark, the Straits Times Index (^STI), gained 0.5% to hit a record high of 4009.15 points as of 00:20 (UTC-4). The move saw the index crossing past the 4000 threshold for the second time on record. Australia and Hong Kong led gains as Australia's S&P/ASX 200 (^AXJO) rose 0.4% and the Hang Seng Index (^HSI) popped 0.7%. Japan saw loss in the country's major gauge as the benchmark Nikkei 225 (^N225) slipped 0.7%. Korea's Kospi (^KS11) cratered 1.2% as Trump ratcheted up pressure on the country to finalize a trade deal. Mainland China's CSI 300 ( hovered near the baseline. Reuters reports: Markets across the Asia-Pacific region saw mixed trading early morning on Wednesday, with investors eyeing the potential of US interest rate cuts and the fast-approaching July 9 tariff deadline for deals to be struck between the US and major trading partners worldwide. Singapore's benchmark, the Straits Times Index (^STI), gained 0.5% to hit a record high of 4009.15 points as of 00:20 (UTC-4). The move saw the index crossing past the 4000 threshold for the second time on record. Australia and Hong Kong led gains as Australia's S&P/ASX 200 (^AXJO) rose 0.4% and the Hang Seng Index (^HSI) popped 0.7%. Japan saw loss in the country's major gauge as the benchmark Nikkei 225 (^N225) slipped 0.7%. Korea's Kospi (^KS11) cratered 1.2% as Trump ratcheted up pressure on the country to finalize a trade deal. Mainland China's CSI 300 ( hovered near the baseline. Reuters reports: 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
Yahoo
21 minutes ago
- Yahoo
Post office in Plains, Georgia, to be renamed to honor Jimmy and Rosalynn Carter
A small-town post office is about to see a big change. The post office in Plains, Georgia — home to just over 500 people — is set to be renamed in honor of the town's most famous residents: the late former President Jimmy Carter and First Lady Rosalynn Carter. The Plains Post Office will be renamed the Jimmy and Rosalynn Carter Post Office on Wednesday after Congress passed a bill last year implementing the change. The post office's new name will be celebrated with a ceremony at the Plains Community Center. "This dedication ceremony will celebrate the Carters' significant contributions to society, and the building will serve as a lasting symbol of their legacy and inspire future generations to engage in service and advocacy for those in need," the Post Office said in a statement, according to Fox 5 Atlanta. The former president grew up in Plains and returned there after losing his reelection bid in 1980. The Carters are buried on the grounds of the former president's childhood home and farm, which has since been preserved as a national historical park. The couple's son, James 'Chip' Carter III, is expected to attend the Wednesday celebration. Rosalynn Carter's sister, Lillian Allethea Smith Wall, is also set to make an appearance, according to local outlet 11Alive. Georgia Representative Sanford Bishop introduced a bill to rename the post office in September. Georgia Senators Jon Ossoff and Raphael Warnock seconded the bill. "Renaming the post office in Plains, Georgia, in honor of President Jimmy Carter and First Lady Rosalynn Carter is a tribute to their lifelong service," Ossoff said at the time. "The Carters have left an indelible mark on our nation and the world. A post office named in their honor in Plains is a small but fitting tribute to their legacy." The former president died at 100 in December 2024, one month before the bill was signed into law. The former first lady died at 96 in November 2023. Jimmy Carter, a Democrat, served in the White House from 1977 to 1981. He is known for both his political career, and humanitarian service after leaving Washington, including building homes for Habitat for Humanity. Former President Joe Biden hailed Jimmy Carter's 'strength of character' as he delivered his eulogy in January. 'A white southern Baptist who led us on civil rights, a decorated Navy veteran who brokered peace, a brilliant nuclear engineer who led on nuclear nonproliferation, a hard-working farmer who championed conservation and clean energy ... through it all, he showed us how character and faith start with ourselves and then flows to others,' Biden said of the former president.
Bloomberg
21 minutes ago
- Bloomberg
Trump Says Israel Agreed to Terms for 60-Day Gaza Ceasefire
By Updated on Save President Donald Trump said Israel has agreed to the conditions needed for a 60-day ceasefire in Gaza, adding that the plan would now be presented to Hamas. 'Israel has agreed to the necessary conditions to finalize the 60 Day CEASEFIRE, during which time we will work with all parties to end the War,' Trump said in a post on Truth Social, adding that Qatar and Egypt will deliver the final proposal.
