What's American Dream's plan for its escalator to nowhere?

Associated Press
US shifts assault ship to the Mediterranean to deter risk of Israel-Lebanon conflict escalating
The amphibious assault ship USS Wasp entered the eastern Mediterranean Sea this week as the U.S. positions warships to try to keep fighting between Israel and Hezbollah in Lebanon from escalating into a wider war in the Middle East. While the Wasp has the capability to assist in the evacuation of civilians if full-scale war breaks out between Israel and Hezbollah along the Lebanon border, that’s not the primary reason it was rotated in, a U.S. official said.
Associated Press
Shares of Trump Media & Technology rise following first presidential debate
Shares of Trump Media, the owner of social networking site Truth Social, jumped 5% at the opening bell Friday after the first U.S. presidential debate, with some investors believing it could become a bigger mouthpiece for the former president if he is re-elected. President Joe Biden and former President Donald Trump clashed Thursday evening on topics including abortion, immigration and the Jan. 6, 2021 attack on the U.S. Capitol. Biden's performance was largely seen as uneven, particularly early on.
Yahoo Finance
Stock market today: Stocks rise as key Fed-watched inflation data keeps cooling
Investors are watching for a cooling in the Fed-favored PCE print to boost rate-cut hopes, as they assess Biden's faltering performance in the Trump debate.
Reuters
Nigeria's northeast risks mass hunger as UN funding dwindles
The United Nations humanitarian agency is struggling to secure funding to combat severe food insecurity in Nigeria's insurgency-hit northeast, raising fears of mass hunger and deaths, its resident coordinator warned. In April, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) launched a $306 million appeal alongside Nigeria on behalf of 2.8 million people in Borno, Adamawa and Yobe states, regions ravaged by a 15-year Islamist insurgency, during the lean season, a period of peak food scarcity. OCHA chief Mohamed Malick Fall told Reuters that, despite an initial $11 million commitment from Nigeria and another $11 million from the UN's central pool, the target remained far off due to reluctance among international donors.
Reuters
Right-wing shift may slow, not reverse climate action
A political tilt to the right in Europe and a potential Trump presidency in the U.S. will not derail climate efforts as businesses are increasingly locked into green strategies, delegates at London Climate Action Week heard. A big election year, globally, has seen right-wing and populist parties return to power or gain ground in the European Union, India, Indonesia and Argentina, and potentially France, which heads to the polls at the weekend. The greatest shake-up looms with the November election in the United States, where national polls have showed a tied race, but with President Joe Biden trailing Republican candidate Donald Trump in most of the battleground states that traditionally decide presidential elections.
AFP
US Fed's favored inflation measure cools slightly in May
The US Federal Reserve's favored measure of inflation eased slightly in May, according to government data published Friday, as goods prices cooled. Stripping out volatile food and energy prices, the closely watched "core" measure of inflation eased to an annual rate of 2.6 percent in May, in line with expectations -- a sign that underlying prices cooled further.
NBC News
Presidential debate takeaways and Oklahoma schools required to teach Bible: Morning Rundown
President Joe Biden’s debate performance amplifies Democrats’ biggest fears about his candidacy.
CNN
His wife died. Then he unexpectedly found a second chance at love on vacation
When John Nears’ wife passed away, he struggled to imagine a world without her. Then he unexpectedly met fellow widow American Judy Curtis on a vacation to Peru.
Politico
Biden surrogates wake up to post-debate panic: ‘Can he run for president?’
One surrogate conceded that the president “lost the debate on style.”
NBC News
The smallest victims: Why does America keep allowing toddlers to shoot themselves?
Three-year-old Skye McBride survived after accidentally shooting herself in the head on Valentine's Day. Her father faces charges under Michigan’s new gun storage law.
NBC News
How to store guns safely to prevent unintentional shootings
A person is killed or injured almost every day in the U.S. because a child has unintentionally fired a gun. Here are experts' tips to prevent these shootings.
Associated Press
Bolivian government says it detained 4 more people in connection with a failed coup attempt
Bolivian government officials said Friday they arrested four more people in connection with Wednesday's failed coup attempt against President Luis Arce, bringing the total detained to 21. Government Minister Eduardo del Castillo said that among those arrested were military officers, including the driver of an armored vehicle that rammed into the government palace. “He had the audacity to use an armored vehicle against the patrimony and put the life of the president at risk,” del Castillo said.
Associated Press
A decade after the Islamic State group declared a caliphate, it's defeated but remains lethal
A decade after the Islamic State militant group declared its caliphate in large parts of Iraq and Syria, the extremists no longer control any land, have lost many prominent leaders and are mostly out of the world news headlines. Its sleeper cells in Syria and Iraq still carry out attacks against government forces in both countries as well as U.S.-backed Syrian fighters, at a time when Iraq’s government is negotiating with Washington over a possible withdrawal of U.S. troops.
Yahoo News
Supreme Court decision guide: A breakdown of major cases and rulings expected in June and early July
Here's a guide to some of the major cases the justices will rule on in the coming weeks.
Reuters
Huge mounds of rotting trash pile up around Gaza camps, UNRWA says
Mounds of trash rotting in the heat are piling up close to where displaced people are sheltering in Gaza, a U.N. official said on Friday, raising fears about the further spread of disease. Hundreds of thousands of Gazans who had fled to southern Gaza earlier in the more than 8-month conflict have been uprooted again since Israel expanded its military operations against Hamas to the southern city of Rafah in early May. Louise Wateridge, an aid worker with United Nations Palestinian refugee agency (UNRWA), said that a pile of waste weighing an estimated 100,000 tonnes was building up near people's tents in central Gaza.
USA TODAY
Storms threatens Upper Midwest communities still reeling from historic flooding
Thunderstorms are expected to lash parts of the Upper Midwest region still reeling from historic flooding.
CNN
Takeaways from CNN’s presidential debate with Biden and Trump
Takeaways from CNN’s presidential debate with Biden and Trump
Associated Press
Argentine Congress seals 1st legislative win for President Milei after months of debate and protests
Argentina's lower house on Friday approved President Javier Milei's sweeping economic overhaul bills, sealing a much-needed legislative victory for the libertarian leader after six months of bruising negotiations and raucous protests that had raised questions about his ability to govern. Milei's landmark legislation, which seeks to trim Argentina's fiscal deficit and attract foreign investment, passed a final vote in the lower house to become law on Friday. Milei's administration hailed the law's passing as putting Argentina “on the path toward the free and prosperous country that Argentines chose” in last November's election.
Reuters
Turkey's Erdogan does not rule out meeting Syria's Assad to restore ties
Turkish President Tayyip Erdogan said on Friday he did not rule out a possible meeting with Syrian President Bashar al-Assad to help restore bilateral relations between the neighbours. Turkey severed ties with Syria after the 2011 Syrian civil war and supported rebels looking to oust Assad. It has carried out several cross-border military operations against militants it says threaten its national security and formed a "safe zone" in northern Syria where Turkish troops are now stationed.
Associated Press
Federal Reserve's preferred inflation gauge shows price pressures easing further
A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. Friday's Commerce Department report showed that consumer prices were flat from April to May, the mildest such performance in more than four years. Excluding volatile food and energy prices, so-called core inflation rose 0.1% from April to May, the smallest increase since the spring of 2020, when the pandemic erupted and shut down the economy.

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