South Korea has a big household debt problem. The country's unique rental system may be to blame

Oil prices surged and stock futures declined amid rising concerns over economic repercussions from U.S. strikes on Iran's nuclear facilities, with fears about access to the Strait of Hormuz, a crucial oil transit route. Analysts warned that disruptions could lead to significant increases in oil and gas prices, while Iran's parliament considered closing the strait, despite potential harm to its economy and ties with China. Need More Context? 🔎

President Trump has launched airstrikes on Iranian nuclear facilities, claiming significant damage, but the aftermath remains uncertain. Potential market impacts include oil price fluctuations and broader economic consequences, particularly if Iran escalates tensions or retaliates; scenarios range from negotiated peace to sustained military conflict. Need More Context? 🔎

Aerial assaults between Iran and Israel escalated early Monday following U.S. airstrikes that targeted Iranian nuclear sites, with both sides exchanging fire and Iran vowing retaliation. U.S. President Trump claimed significant damage to Iran's nuclear capabilities, while Iranian leaders condemned the attacks and promised a response amid rising tensions and global concerns over regional stability. Explain It To Me Like I'm 5: Iran and Israel are fighting each other, and the U.S. helped Israel by...

Mahmoud Khalil, a pro-Palestinian activist and Columbia University graduate student, was released from ICE custody after over three months, following a judge's ruling that deemed him a low flight risk despite government claims of him being a national security threat. In an upcoming interview, Khalil plans to address these allegations and continue advocating for Palestinian rights. Need More Context? 🔎

Donald Trump's recent bombing of Iranian nuclear facilities marks a significant risk in U.S.-Iran relations, heightening tensions in the Middle East. As NATO leaders prepare for a summit to discuss defense spending amidst this crisis, European foreign ministers are concerned about potential Iranian retaliation and economic repercussions, including rising oil prices and trade route disruptions. Need More Context? 🔎

Kevin Durant TradeThe Phoenix Suns are trading 15-time All-Star Kevin Durant to the Houston Rockets for Jalen Green, Dillon Brooks, the 10th pick in the upcoming draft, and future picks. Durant, who averaged 26.6 points per game for Phoenix last season, will be joining his fifth NBA franchise after a challenging tenure with the Suns. Need More Context? 🔎