The Bank of Japan raised its benchmark rate to 1%, the highest since 1995, citing energy-driven price pressures and rising inflation expectations. The move continues Japan’s shift away from decades of ultra-low borrowing costs.
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A federal judge ordered 16-year-old Timothy Hudson jailed until trial on charges that he sexually assaulted and killed his stepsister, Anna Kepner, aboard a cruise ship. Hudson has pleaded not guilty to first-degree murder and aggravated sexual abuse.
Alaska Elections Director Carol Beecher ruled that Daniel J. Sullivan cannot appear on the U.S. Senate primary ballot, finding his candidacy was filed to confuse voters. The candidate denies wrongdoing and can appeal the decision.
California Gov. Gavin Newsom accused President Donald Trump of directing the Justice Department to investigate him and his wife as he considers a 2028 presidential run. The Justice Department has not confirmed any investigation.
Trump arrived at the G7 summit in France touting a signed Iran memorandum and saying the Strait of Hormuz is partially reopening. The summit is also expected to focus on Ukraine, AI, economic issues, immigration and supply chains.
A U.S. Air Force B-52 Stratofortress crashed shortly after takeoff Monday at Edwards Air Force Base in California. Officials said emergency crews responded, the airfield was closed and no immediate information was available on casualties or the cause.
California Gov. Gavin Newsom said President Donald Trump directed the Justice Department to investigate him and his wife, calling the inquiry politically motivated. Newsom said federal agents have contacted family friends and former employees and demanded records.
U.S. officials say Washington and Tehran have digitally signed a memorandum to extend a ceasefire, reopen the Strait of Hormuz and begin nuclear negotiations. The deal’s effect on Lebanon remains uncertain as Israel says it is not bound by the agreement.