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Welcome back and thanks for joining us as we kick off the week. In the news today: Israel and Iran trade missile strikes in their first exchange of fire since the April ceasefire; Trump abruptly cuts off an interview with NBC’s “Meet the Press”; and how U.S. consumers have altered their spending habits as gas prices tax their budgets. Also, a look at who won big at the Tony Awards.
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People inspect the wreckage of an Iranian missile that landed near the West Bank city of Jericho Monday. (AP Photo/Mahmoud Illean)
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Israel and Iran trade strikes, threatening to drag the region back to full-scale war
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Israel launched strikes on central and western Iran early Monday in response to missile fire from Tehran, and Iran retaliated with waves of attacks. Read more.
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- It was their first exchange of fire since an April 8 ceasefire was reached. Iran warned that the United States would be responsible for any escalation. Two regional officials said concerted diplomatic efforts were underway Monday to salvage the ceasefire between Iran and the United States.
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Trump abruptly ends interview with NBC’s ‘Meet the Press’
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During the conversation President Donald Trump dismissed the idea that launching the war with Iran this year betrayed his campaign message of “No new wars.” At the end, Kristen Welker pressed Trump on the settlement fund and his claims about the California election. Read more.
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Trump raised his voice and began calling Welker and the media “crooked,” attacking her credibility and complaining about what he called “the fake, dirty press.” As Welker tried to switch subjects, Trump continued on and there was cross talk between the two before Trump ended the interview.
The interview, taped Friday in Wisconsin, was repeatedly interrupted as waves of heavy rain fell on the metal roof of the barn where the taping took place, making it difficult at times to hear. Welker later said that she spoke to Trump after and he agreed that heavy rain had caused complications during taping and said he would do another interview in the future.
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Consumers alter spending habits as gas prices strain their budgets
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U.S. consumers haven’t stopped spending money since the Iran war drove up fuel prices, but many shoppers are reassessing what they buy and where, according to company executives and retail analysts. Read more.
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Location intelligence company Placer.ai saw reduced foot traffic at clothing, electronics and home furnishing stores, and more trips to grocery stores and dollar stores. Executives from American mainstays like Walmart, McDonald's and Dollar General cited overall shopper resilience as well as noticeable cutbacks by lower-income customers.
The U.S. Commerce Department reported last week that higher prices, not more purchases, accounted for most of the growth in Americans’ spending in April.
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Pink performs during the Tony Awards on Sunday at Radio City Music Hall in New York. (Photo by Charles Sykes/Invision/AP)
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Broadway’s biggest night
Last night celebrated Broadway’s best at the most infectiously joyous of awards shows, the Tonys. Pink scored big with the opening number, featuring some 170 performers. “Schmigadoon!” — a Broadway musical that pays homage to, well, Broadway musicals — and “Liberation” were the best musical and best play winners. If you missed the show, watch the highlights and check out the full list of winners.
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That’s all from me today, thanks for reading. I’d love to hear your thoughts. You can invite a friend to subscribe here. For news in real time visit APNews.com. - Nadja
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That’s all from me today, thanks for reading. I’d love to hear your thoughts. You can invite a friend to subscribe here. For news in real time visit APNews.com. - Nadja
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