US inflation rose to 2.4% in May, slightly below analysts’ expectations of 2.5%, while the core measure remained steady at 2.8%. The rise is attributed to the impact of President Trump’s trade tariffs, with further increases anticipated as costs are passed to consumers. Following the report, US Treasury yields fell, stock futures rose, and the Federal Reserve is expected to maintain current borrowing rates, amid pressure from Trump for rate cuts.
On Thursday, Google Cloud, Spotify, and YouTube experienced significant outages, with over 13,000 and 27,000 reports of issues respectively, as noted by Downdetector. Users reported login problems and service crashes across multiple platforms, including Discord and Amazon Web Services, with the cause of the disruptions remaining unknown. More Context
Read moreMoninder Singh, of the BC Gurdwaras Council and Sikh Federation Canada, announced potential disinvitation of Liberal MPs from Sikh temples to protest Prime Minister Mark Carney's invitation to Indian PM Narendra Modi for the G7 summit, following allegations of India's involvement in violence against Sikhs in Canada. Sikh leaders are demanding the withdrawal of Modi's invitation and expressing concerns over the government's handling of these issues, organizing protests in response. More Context
Read moreUS President Donald Trump urged Israel not to attack Iran's nuclear sites, suggesting a deal is near if Tehran compromises. While acknowledging Israeli Prime Minister Netanyahu's consideration of a strike, which could escalate tensions, Trump emphasized his preference for a peaceful negotiation with Iran, highlighting that Iran must offer more concessions for an agreement to be reached. More Context
Read moreNewsFeedYasemin Acar, a member of the Gaza Freedom Flotilla, criticized Germany for prioritizing arms sales over humanitarian aid to Palestinians after her deportation from Israel, stating, “I’m doing what my country, what my government is supposed to do. But Germany chooses to starve children.” More Context
Read moreThe Justice Department has directed its 93 federal prosecutors' offices to enhance preparations for criminal cases related to unrest over immigration enforcement, citing incidents of violence and obstruction. Federal prosecutors are instructed to prioritize legal actions against individuals involved in such activities, including a union leader and a New Jersey lawmaker facing charges for interfering with immigration operations. More Context
Read morePolice in Ballymena, Northern Ireland, have faced violent riots following peaceful protests supporting a teenage girl allegedly sexually assaulted, with rioters targeting homes and businesses thought to belong to immigrants. The unrest reflects rising anti-immigrant sentiment, raising concerns about the motivations behind the violence and the selective outrage regarding sexual assault. More Context
Read more
News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.
