5 things to know for June 24: Israel-Iran, Immigration ruling, Trump megabill, NYC mayoral race, Credit scores

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"Escalating Israel-Iran Tensions and Domestic Policy Changes Highlight Key National Issues"

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In recent developments, tensions have escalated between Israel and Iran following a series of military actions. President Donald Trump ordered U.S. airstrikes on Iranian nuclear sites, which prompted Iran to retaliate by attacking a major U.S. airbase in the Middle East. Trump announced a ceasefire between the two nations, but this was soon contradicted by accusations from Israel, which claimed that Iran had violated the ceasefire by launching missiles. Iran denied these claims, asserting that Israel had conducted strikes on Tehran prior to the ceasefire. During a press briefing, Trump expressed dissatisfaction with both countries, indicating that both had failed to adhere to the ceasefire agreement and criticizing Israel's military actions immediately following the announcement of the ceasefire.

In the realm of domestic policy, the Supreme Court has ruled in favor of President Trump’s request to expedite the deportation of migrants to countries other than their own, including conflict-ridden regions such as South Sudan. This decision faced dissent from the court's liberal justices and drew criticism from immigration advocates, who labeled the ruling as horrifying. Meanwhile, the Republican Party is grappling with internal disagreements over Trump's comprehensive budget proposal, particularly regarding Medicaid changes and green energy tax credits. As the New York City Democratic mayoral primary approaches, two candidates are emerging as frontrunners: Zohran Mamdani, a democratic socialist appealing to younger voters, and former Governor Andrew Cuomo, who is attempting a political comeback despite his controversial resignation. Additionally, the increasing popularity of 'Buy Now, Pay Later' loan options raises concerns about consumer debt and credit scoring, as these financial products may lead to unsustainable spending habits among users. The implications of these developments are significant for both national and local political landscapes, as well as for the financial well-being of consumers in the U.S.

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(CNN) —When the weather maps are colored inbright yellow, orange and red, you just know it’s going to be a scorcher. To avoid overheating on a hot summer day, here are14 ways to stay cool— even without air conditioning.

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In thepast 48 hours, President Donald Trump ordered US warplanes to drop massive bombs on three nuclear sites in Iran and Tehran retaliated by attacking one of the largest US air bases in the Middle East. Trump thenannounced that a ceasefirebetween Israel and Iran was “in effect.” However, earlier today, Israel accused Iran of an “utter violation” of the ceasefire for launching a “barrage of missiles.” Irandenied violating the ceasefireand said that Israel had engaged in multiple strikes on Tehran before the ceasefire went into effect. Speaking to reporters at the White House this morning before departing for the NATO summit in the Netherlands, President Trump said both Iran and Israel violated the terms of the ceasefire. “Israel, as soon as we made the deal they came out and they dropped a load of bombs, the likes of which I’ve never seen before,” he said, adding, ”I’m not happy with Israel.”

The Supreme Court on Mondaygranted President Trump’s emergency requestto resume deporting migrants to countries other than their homeland, including war-torn South Sudan, with minimal notice. The court’s three liberal justices – Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson –dissented. Trina Realmuto, executive director of the National Immigration Litigation Alliance, which represents several of the migrants in the case, described the court’s order as “horrifying.” The Trump administration hailed the ruling on social media. “Fire up the deportation planes,” a Department of Homeland Security spokeswoman wrote on X.

As Congress closes in on the July 4th recess, Republican senators remain at odds over several issues in President Trump’ssweeping budget bill. Key sticking points include: concerns about rural hospitals amid changes to Medicaid, state and local tax deductions and the fate of green energy tax credits. When asked if a vote would take place this week, Sen. John Kennedy of Louisiana said, “Right now, the billis held together with happy thoughts and spit. I think we’ll eventually pass something, I just can’t tell you when.”

The future of the Democratic Partymay depend on who wins the New York City Democratic mayoral primarytoday. Although 11 candidates are running, two are leading the polls. One isZohran Mamdani, a democratic socialist and three-term state assemblyman who has the backing of liberals like Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez, and is popular with younger voters. If Mamdani were to be elected, he would be the city’s first Muslim mayor. Vying for a comeback is former New York Gov. Andrew Cuomo, whose supporters include establishment Democrats, like former President Bill Clinton and Rep. Jim Clyburn, and Black voters. But Cuomo needs to overcome the fact that he resigned from office in 2021 amid a sexual harassment scandal. Although incumbent Mayor Eric Adams is seeking reelection as an independent, his administration has also been mired in scandal. Voters will be asked to rank up to five candidates.

Buy Now, Pay Later (BNPL) installment loans have become an increasingly popular way for many Americans to buy the things they want and need. However, these loans come with some downsides:

  • BNPL loans appear to be disproportionately used bypeople facing financial difficulties.

  • Many consumers are using installment financing for everyday purchases, such as groceries.

  • These loans are so easy to get that people can quickly spend well beyond their means.

In the past, consumers’ repayment behavior may not have been reflected in their credit scores. But in the fall, FICO plans to launch a suite of credit scores thatwill incorporate BNPL data. While such information could help serve as a credit builder for those who lack credit histories, for others, the new data could negatively impact their credit scores.

Real estate ruckusCompass hasfiled a lawsuitagainst Zillow, claiming it’s engaging in an anticompetitive conspiracy to maintain its dominance over online home listings.

Closing timeKroger announced plans toclose 60 storesin the next year and a half.

Selfie screwupA visitor to the Uffizi Galleries in Florence, Italy,damageda 17th-century painting after stumbling back into it while posing for a photo.

‘Crazy In Love’Beyoncé closed out the international portion of her Cowboy Carter tour in Pariswith a special guest.

Tired of the same old salad options?Then bringone of these tasty offeringsto your next potluck.

Guitarist and singer/songwriter Mick Ralphs dies at 81Ralphs was a founding member of the classic British rock bandsBad Company and Mott the Hoople. He was slated to be inducted into the Rock & Roll Hall of Fame in November.

155,000That’s how manywomen crossed state lines for an abortionin 2024, according to new estimates from the Guttmacher Institute — more than twice as many as in 2019.

“It was a particular difficult time. I needed rebooting. I needed to wake the f**k up in some areas.”

— Actor Brad Pitt, onattending his first Alcoholics Anonymous meeting.

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The fight against plastic pollutionScientists around the world arelooking for new waysto tackle the problem of microplastics.

5 Things AM is edited by CNN’s Andrew Torgan.

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Source: CNN