U.S. inflation rose to 4.2% in May, the highest level in three years, as energy costs tied to the Iran war continued to climb. Core inflation increased 2.9%, while wage growth lagged behind the broader rise in prices.
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A fragile U.S.-Iran ceasefire collapsed after an American Apache helicopter was downed near the Strait of Hormuz, prompting U.S. strikes on Iranian targets. Iran responded with attacks targeting U.S.-linked military sites in Bahrain, Kuwait and Jordan, with air defenses reporting interceptions.
Iran’s Revolutionary Guards said they struck US military targets in Bahrain, Kuwait and Jordan after American attacks on Iranian sites near the Strait of Hormuz. Jordan said it intercepted five missiles, while US officials told Reuters nearly all Iranian missiles and drones were stopped.
Vice President JD Vance said the United States is “very close” to a long-term nuclear deal with Iran, though an agreement could come next week or months from now. His comments came as tensions rose after an Apache helicopter crashed near the Strait of Hormuz and U.S. forces reportedly launched retaliatory strikes.
The FDA has approved bemotrizinol, the first new sunscreen ingredient for the U.S. market in more than two decades. The broad-spectrum UV filter has been used for years in Europe and other countries and is expected in U.S. products by year’s end.
Trump said a deal to end the war with Iran is close, but Israeli strikes in Lebanon and warnings from Tehran are straining a fragile ceasefire. Israel ordered evacuations in Tyre’s Christian Quarter before launching a heavy strike, Lebanese state media reported.







