US Treasury Secretary Scott Bessent said Washington is preparing the “toughest sanctions in history” against Iran and warned other countries not to continue trading with Tehran. The measures follow months of war, broken ceasefires and disruptions in the Strait of Hormuz.
News Mash
Ghent University has suspended Nathan Cofnas, an academic who publicly accused the late former Cambridge professor Jason Arday of plagiarism. The university said academic freedom is important but “not unlimited” and must protect the rights of others.
The first 20 deportees from the United States have arrived in Liberia under a new agreement that could bring up to 1,200 people to the country. Liberia says the deportees may seek asylum or leave, while critics question the expanding use of third-country removals.
Philadelphia police have identified Zymire Hughes, 22, as the suspect accused of wearing a “Chucky-style” mask while threatening and chasing people near City Hall. Authorities said he may have fled Pennsylvania and has ties to California and Nevada.
North Korea launched around 10 or more short-range ballistic missiles as the U.S. and South Korea prepare to end scaled-back military drills. The launches came as President Donald Trump said he wants to meet Kim Jong Un again this year.
A global bond sell-off has pushed U.S. long-term borrowing costs to their highest levels since 2007, raising concerns about mortgages, loans and government debt. The Treasury Department moved to stabilize the market, but yields remain elevated.
FBI agents seized former Rep. Eric Swalwell’s electronic devices at San Francisco International Airport and searched his Washington home as part of a sexual misconduct investigation, according to CBS News and NBC News. Swalwell has previously denied criminal wrongdoing.
Walmart says it has received nearly all of $2.9 billion in tariff refunds and is using the money to lower prices as shoppers face inflation and higher fuel costs. The company’s profit rose, but slower U.S. comparable sales sent shares sharply lower.