Russia and Ukraine reported air attacks after Putin-Trump call. REUTERS/Alina Smutko |
- Several US national security agencies have halted work on a coordinated effort to counter Russian sabotage, disinformation and cyberattacks, easing pressure on Moscow as the Trump administration pushes Russia to end its war in Ukraine.
- Russian President Vladimir Putin agreed to stop attacking Ukrainian energy facilities temporarily but declined to endorse a full 30-day truce that President Donald Trump hoped would be the first step toward a permanent peace deal.
- Just hours after the limited ceasefire was agreed, Russia and Ukraine accused each other of launching air attacks that sparked fires and damaged infrastructure.
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- A federal judge blocked billionaire Elon Musk and the Department of Government Efficiency from taking any more steps to shut down the US Agency for International Development, saying their efforts to close the foreign aid agency likely violated the US Constitution.
- The Trump administration has removed an explicit ban on "segregated facilities" like waiting rooms, restaurants and drinking fountains for federal contractors, a memo issued by the US General Services Administration showed.
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- Israel's sudden onslaught of air strikes overwhelmed Gaza hospitals already reeling from weeks of an aid blockade. Bureau Chief James Mackenzie tells the Reuters World News podcast that the key question being asked is whether these latest airstrikes are a definite end to any attempts to reach a ceasefire agreement or a way of pressuring Hamas. Follow the latest.
- The US launched airstrikes on multiple targets across Yemen overnight, including Saada province, which Yemeni sources say is a long-time hideout for Houthi leaders, and the Red Sea port city of Hodeidah, Houthi media reported.
- Turkish authorities detained Istanbul Mayor Ekrem Imamoglu on charges including corruption and aiding a terrorist group, in what the main opposition party called "a coup attempt against our next president." A leading figure in the opposition, Imamoglu has long been seen as Erdogan's most formidable rival.
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- Investors' attention looks set to switch to monetary policy for the rest of the week. The Bank of Japan kept interest rates steady earlier today, as policymakers chose to spend more time gauging how prospects of higher US tariffs would affect the economy.
- The Federal Reserve is up next, later today, followed on Thursday by the Bank of England, Sweden's Riksbank and Swiss National Bank. New economic projections from Fed officials will provide the most tangible evidence yet of how US central bankers view the likely impact of Trump administration policies.
- Wall Street heavyweight Morgan Stanley is planning to lay off about 2,000 employees later this month, a person familiar with the matter told Reuters. Here are some of the US companies that announced job cuts so far in 2025.
- Ben & Jerry's said its parent, Unilever, decided to oust the ice cream maker's chief executive, Dave Stever, escalating a battle over the subsidiary's independence on social policy issues.
- Bankrupt drugmaker Purdue Pharma filed a new bankruptcy plan, a major step towards finalizing a proposed opioid settlement of at least $7.4 billion after a setback in the US Supreme Court last year.
- In a keynote address in front of a packed hockey stadium, Nvidia CEO Jensen Huang said he believes humanoid robots are less than five years away from wide use in manufacturing facilities.
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Los Angeles continues cleanup after Palisades fire. REUTERS/Daniel Cole |
Members of the US Army Corps of Engineers remove debris two months after the Palisades fire burned more than 23,000 acres in Los Angeles County. |
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Support teams work around a SpaceX Dragon spacecraft shortly after it landed. NASA/Keegan Barber/Handout via REUTERS |
NASA astronauts Butch Wilmore and Suni Williams returned to Earth in a SpaceX capsule with a soft splashdown off Florida's coast, nine months after their faulty Boeing Starliner craft upended what was to be a week-long stay on the International Space Station. |
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