Live updates: US and Iran will extend ceasefire and start nuclear talks if Trump approves
AP News • • business
Key Points:
- U.S. and Iranian negotiators have tentatively agreed to extend the ceasefire by 60 days and begin talks on Iran's nuclear program, but the deal awaits final approval from President Trump amid ongoing ceasefire violations and regional tensions.
- The U.S. military reported Iran launched missile and drone attacks on Kuwait, a close U.S. ally, marking a significant breach of the fragile ceasefire and escalating conflict risks in the Persian Gulf.
- Inflation in the U.S. rose to 3.8% in April, the highest since May 2023, raising concerns about persistent inflation pressures and potential Federal Reserve interest rate hikes.
- The Justice Department has filed lawsuits against four Democratic-led states for allegedly obstructing federal immigration enforcement, reflecting ongoing conflicts between the Trump administration and state governments over immigration policy.
- U.S. President Trump is considering attending the NBA Finals to support the New York Knicks, who have reached the finals for the first time since 1999, highlighting his continued engagement with major sporting events.