Iran Condemns US Attacks, NYC Heatwave, Tesla Robotaxis, and More Bloomberg News

Middle East Conflict and Diplomacy

• 💥 Iran is accusing the U.S. of violating the U.N. charter after U.S. strikes on its nuclear facilities, stating Iran reserves the right to self-defense.
• 🇺🇸 President Trump vowed that any retaliation by Iran would be met with force, warning of greater tragedy for Iran.
• 📉 Bloomberg's Ethan Bronner reports that Iran is militarily weakened, but the stances of Iran, the U.S., and Israel remain far apart regarding uranium enrichment.
• ☢️ The U.N. nuclear watchdog is calling for a ceasefire to inspect the situation more closely after strikes, noting no increase in offsite radiation levels.
• 🇾🇪 Yemen's Houthi rebels are promising to target U.S. ships in the Red Sea.

Economic and Financial Markets

• 📈 Financial markets showed calm and optimism, with stocks in the Middle East mixed to higher.
• 🛢️ Crude oil and gold could jump temporarily on headlines, but sustained higher crude prices might make it harder for the Fed to cut interest rates.
• 🗣️ Federal Reserve officials, including San Francisco Fed President Mary Daly and Fed Chair Jay Powell, are scheduled to speak this week.

Domestic and Global News

• ☀️ Eastern states are facing the first major heatwave of the summer, with New York City expecting triple-digit temperatures and Mayor Eric Adams urging residents to use cooling centers.
• 🚗 Tesla has launched its first robotaxis in Austin, a crucial test for its autonomous driving and AI ambitions.
• 🤖 Pope Leo issued a warning about the future of artificial intelligence.
• 🚚 Fred Smith, founder and executive chairman of FedEx, has died at the age of 80, recognized for transforming the parcel shipping industry with overnight delivery.

Sports and Entertainment

• 🏀 The NBA Finals will feature Game 7 tonight between the Indiana Pacers and Oklahoma City Thunder.
• ⛳ The KPMG PGA Championship concludes today, with Minjee Lee leading the leaderboard by four strokes.