Economy

2026-06-16 12:00:58.772267

Bank of Japan raises interest rates to 31-year high … of 1%

The Bank of Japan (BOJ) raised its so-called policy rate to 1% from 0.75% - a level not seen since 1995. Deputy Governor Shinichi Uchida indicated the BOJ would continue to raise rates, focusing on the risk of inflation deviating upward from its 2% target.

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2026-06-16 12:02:03.793931

The Iran War Permanently Altered the Global Economy

The region has emerged from one of its most dangerous crises in decades with the balance of power broadly unchanged. Gulf confidence in U.S. protection has been deeply shaken, sources say. The agreement may end this phase of the conflict, Gulf sources say, but it does not resolve the strategic dilemma it has exposed. The assumptions underpinning Gulf economies look more fragile than at any point in recent memory.

Sources

2026-06-16 12:04:52.602667

To be America's Top State for Business in 2026, 'speed to market' wins

CNN.com will feature iReporter photos in a weekly Travel Snapshots gallery. Please submit your best shots of the U.S. for next week. Visit CNN.com/Travel next Wednesday for a new gallery of snapshots. Please share your best photos of the United States with

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2026-06-16 12:05:48.989619

Here’s the latest.

Melania Trump fails to publicly wish Donald Trump on 80th birthday. Other family members of the US President, including his children, showered him with birthday wishes on social media platforms. Donald Trump Jr. shared a post on the same social media platform featuring family photos, expressing his enthusiasm for his dad's birthday.

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2026-06-16 12:07:53.903047

Gas Prices May Remain High Despite US-Iran Deal

The U.S. and Iran signed the deal Monday, reopening the Strait of Hormuz. The Strait is a crucial waterway for global oil and gas transport. Any reopening of the strait would help ease global supply constraints. The physical flow of oil takes days or weeks to reach refineries.

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Entertainment

2026-06-16 12:01:24.881419

South African jazz legend Abdullah Ibrahim dies at 91

Abdullah Ibrahim, who helped define a genre of South African jazz music, has died at the age of 91. He was discovered by jazz great Duke Ellington, becoming highly influential with a distinct musical style. The political situation in South Africa led to the break-up of the band, and Ibrahim moved to Switzerland.

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Politics

2026-06-16 12:00:31.637832

Russian artist and critic of Putin shot dead in ⁠eastern Poland

Russian artist critical of Putin shot dead in eastern Poland. Robert Kuzovkov, known as the artist Semyon Skrepetsky, was shot dead on Monday morning. Local media identified the victim as Robert, who was also known by his artistic pseudonym. The victim engaged in public artistic activities and used among other t

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2026-06-16 12:00:45.297446

Gavin Newsom says Trump ordered DOJ to investigate him and his wife

"Donald Trump picked the wrong target," Newsom said. Newsom stated that Trump targeted them because "I am considering running for President" He is doing it openly. He did it last night on the White House lawn. He is simply the most corrupt President in American history," he said.

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2026-06-16 12:02:34.671286

What to Watch in Primary and Runoff Elections in Georgia, Alabama and Oklahoma

Rep. Barry Moore is facing off with former Navy SEAL sniper Jared Hudson in the GOP Senate runoff, in the race to succeed Republican Sen. Tommy Tuberville. Moore, who founded a waste hauling company and later served as a state lawmaker before first winning election to the U.S. House in 2020, was one of the first politicians to endorse Trump in 2015.

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2026-06-16 12:03:44.856462

How Kratom, an Addictive Gas Station Drug, Found Allies in Trump’s Cabinet

The administration’s receptiveness to kratom comes as Trump has also expressed a willingness to loosen rules covering other drugs. In court filings, prosecutors cited “serious safety concerns,” saying kratom had been linked to “addiction’ and “liver toxicity”

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2026-06-16 12:04:28.537833

Trump says Iran ‘will never have a nuclear weapon’ and that deal is ‘going to second stage’ – Middle East crisis live

President Donald Trump says Iran won't have nuclear weapon ahead of peace deal. Trump slammed the idea that the deal will bring Iran an influx of cash. The president’s comments follow earlier White House statements that Iran had agreed to further talks on its nuclear program following the deal signing.“We are not investing any money” in Iran, Mr. Trump said at the G7 summit.

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2026-06-16 12:05:07.793887

The U.S.-Iran Deal: What to Know

Strait of Hormuz to be "completely open" by Friday, President Trump says. U.S. and Iran agree to end hostilities in exchange for end of naval blockade. But shipping groups warn it would still be "very risky" to try to transit the Strait. Both sides also agree to a 60-day extension of the already perpetual cease-fire.

Sources

2026-06-16 12:06:02.855913

Netanyahu Says Israel Will Keep Forces in Lebanon, Despite U.S.-Iran Deal

Iran says a "mechanism set out in" deal with U.S. would be triggered by any Israeli violation. Deputy Foreign Minister Majid Takht-Ravanchi said Iranian officials had explained to foreign diplomats in Tehran. Iran's foreign minister told the diplomats earliWhile the agreement is between Iran and theU.S., Iran's deputy foreign minister said.

Sources

2026-06-16 12:06:59.907854

U.S.-Iran Agreement Leaves Lebanon’s Fate Murky

Iran says a "mechanism set out in" deal with U.S. would be triggered by any Israeli violation. Deputy Foreign Minister Majid Takht-Ravanchi said Iranian officials had explained to foreign diplomats in Tehran. Iran's foreign minister told the diplomats earliWhile the agreement is between Iran and theU.S., Iran's deputy foreign minister said.

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Sports

2026-06-16 12:01:37.597203

Woman, 21, dies after being thrown from Brazil rope jump bridge without harness

Maria Eduarda Rodrigues de Freitas, 21, plunged to her death after bungee jumping staff allegedly forgot to attach a rope to her before throwing her from a 130ft foot high bridge. Three men were arrested for "homicide with dolus eventualis" – meaning they were aware of the risk of death but went ahead anyway.

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2026-06-16 12:02:20.539430

Why Team Iran Is in a Tough Spot at the World Cup

Cape Verde's 40-year-old goalkeeper became a legend over night for the tiny African nation after his incredible performance against Spain. He was called up to Brazil's World Cup squad but was forced to miss their first game against Morocco due to a calf injury. The goalkeeper's full name is Josimar Jose Evora Dias, though he is better known as Vozinha.

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2026-06-16 12:03:20.152172

The Knicks’ Championship Run, in 5 Voices

The New York Knicks ended 53 years of title drought when they completed the closeout. Knicks superfan Spike Lee made sure that he reached out to one of the Knicks' long-known tormentors in NBA legend Michael Jordan. "We haven't talked in a minute" was Lee's voice message to Jordan.

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Technology

2026-06-16 12:03:34.287821

Ukraine Targets Moscow Oil Facility With Drones as G7 Leaders Meet

Russia’s Defense Ministry said the strikes targeted defense and industrial facilities in Kyiv, Kharkiv, and Dnipro. It said that a workshop producing medium- and long-range drones located on the premises of the Dovzhenko film studios was among the targets hit. Russia fired the barrage of hundreds of drones and dozens of missiles at the capital of Kyiv and the second-largest city of Kharksiv.

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2026-06-16 12:05:21.220555

After Russia Attacks Kyiv With Missiles and Drones, Historic Orthodox Cathedral Burns

Moscow strike on Kyiv-Pechersk Lavra 'one of Russia’s most serious crimes against Christian culture' Oleksandra Matviichuk, co-recipient of the 2022 Nobel Peace Prize, said Russia 'deliberately struck the Lavra' with a Russian drone.

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World

2026-06-16 12:01:09.095684

Married at First Sight Australia allegations 'disturbing', says country's watchdog

MAFS UK is made by a different production company to the Australian version. Channel 4 says it has "no editorial control or input" into its making. Ofcom has called the claims "deeply concerning" Channel 4 has commissioned an external review into contributor welfare on MAFS UK.

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2026-06-16 12:01:49.273021

Norwegian crown princess's son found guilty of two counts of rape

Marius Borg Høiby, the 29-year-old son of Norway's Crown Princess Mette-Marit, has been found guilty of two counts of rape and sentenced to four years in prison. One alleged rape took place in the basement of the crown prince’s family home.

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2026-06-16 12:03:59.835329

Half of world’s children exposed to at least three climate hazards, Unicef says

Nearly half the world's children exposed to three or more climate risks: UNICEF. Almost every child worldwide faces at least one climate hazard, report says. More than four million children are living in areas affected by as many as six overlapping threats. According to the report, more than 95 percent of kids in Africa are at risk.

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2026-06-16 12:04:14.608359

Singer Oliver Tree Presumed Dead After Helicopter Crash in Brazil

The USPA confirmed that the aircraft involved in the crash was operating "in support of skydiving operations at Skydive Kansas City" The crash sparked a fire that destroyed the aircraft, according to the NTSB. The fatal crash, which authorities said involved multiple experienced jumpers, shocked the skyd diving community. Skydiving plane made multiple flights prior to crash.

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2026-06-16 12:04:44.867145

U.S. and Iran Reach Agreement to Reopen Strait and Begin Nuclear Talks

Iran and U.S. reach an initial deal to end the war and open the Strait of Hormuz. Details of the deal have not been made public but may be released after the formal signing. In the short-term, the deal is expected to extend the U.s.-Iran ceasefire.

Sources

2026-06-16 12:05:36.445467

Shipping companies remain cautious about the Strait of Hormuz.

Lebanese Shia militant group Hezbollah is the most powerful component of what Iran calls the Axis of Resistance. Iran-backed Hezbollah militants launched rockets at Israel after the killing of Iran's Ayatollah Ali Khamenei, prompting Israeli strikes and a ground invasion. Hezbollah thanked Tehran for insisting Lebanon be included in the deal.

Sources

2026-06-16 12:06:17.611573

The (Mostly) Unanswered Questions at the Heart of a U.S.-Iran Accord

The U.S. and Iran have reportedly signed on to some kind of agreement to end the war. No one has yet seen the interim agreement they e-signed, both sides seem to be making incompatible claims about what’s in it. Israel doesn’t seem to agree with the agreement, and nothing has taken effect or will until the agreement is actually physically signed.

Sources

2026-06-16 12:06:30.439747

U.S. and Iran Sign a Framework Deal, Leaving Major Issues for Future Talks

There were suggestions that the text of the agreement would be released within 24 to 48 hours, but it’s not out yet. Trump has indicated the text won’t be released until Friday. Congress could also seek to reimpose sanctions, limit funding related to implementation, or use hearings and investigations.

Sources

2026-06-16 12:06:45.138681

Why the U.S.-Iran Deal Might Work, and Why It Might Not

"Pre-implementation discussions' means no deal has officially been reached," user @destroyedthee wrote on the social media platform. Trump claimed Monday on the sidelines of the G7 summit that the Iranians “fully agree’ they won’t ever develop a nuclear weapon and will allow “strong policing powers”

Sources

2026-06-16 12:07:12.174938

Many Iranians Express Relief Over Agreement to End the War

President Donald Trump touted his preliminary deal to end the war on Iran as he joined global leaders at the Group of Seven summit in France. “The Iran deal that we made is going to bring a lot of success to the world,” Trump said. Trump made clear that he arrived at the summit with the wind at his back for talks.

Sources

2026-06-16 12:07:27.941276

World leaders welcome news that the Strait of Hormuz could soon reopen.

“They should have been able to deal with them faster,” he said. “It just goes on forever,’ he added about Israeli operations to target Hezbollah. The status of the agreement between Israel and Hezbollah is also not clear. But Israeli Prime Minister Benjamin Netanyahu said the country's forces would remain in Lebanon, Syria and Gaza "as long as necessary"

Sources

2026-06-16 12:07:41.416033

Trump Claims Strait Will Be ‘Permanently Toll-Free’ Under Agreement With Iran

President Trump says the Strait of Hormuz will be "permanently toll-free" Iran says it will continue to charge fees for passage through the waterway. The deal is expected to be completed by the end of the year. The U.S. and Iran have been at odds over the Strait since the 1980s.

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