Several

• The US Federal Reserve announced on June 24 that 32 of the nation's largest banks are well-positioned to continue lending despite a severe hypothetical economic downturn. • The annual "stress test" revealed that while banks' capital levels dropped by 1.6 percentage points, they remained above the minimum regulatory requirements. • These results indicate that the banking sector could absorb over US$700 billion in hypothetical losses without failing.

• The U.S. Supreme Court is nearing the end of its current term with several high-profile rulings still pending before the summer recess. • These outstanding decisions are expected to address critical issues regarding federal authority, government regulation, and constitutional interpretation. • The rulings are significant because they will likely shape legal, political, and policy debates across the United States for months to come.

Firings come less than a week after US president appointed Bill Pulte as acting director after Tulsi Gabbard left the postSeveral staff members have reportedly been fired from the US office of the director of national intelligence (DNI), multiple outlets have reported. These firings come less than a week after Donald Trump appointed Bill Pulte as the acting director after former director Tulsi Gabbard left the post in late May.According to CNN, who was first to report the firings on Monday, political appointees with ties to Gabbard were among those purged. ABC News reported that cuts to the National Terrorism Center were expected to be particularly large. Continue reading...

Building had been vulnerable before it collapsed in the middle of the night, killing 98 people in 2021The deadly destruction of a Florida beachfront condominium actually started weeks before it collapsed into a pile of rubble in the middle of the night, killing 98 people in 2021 – but the building had been vulnerable from the start, federal investigators found in a final report issued on Monday.The National Institute of Standards and Technology (NIST) said in the report that two connections between garage columns and the pool deck started to fail around early June. The combination of a structure design that did not meet building codes and alterations made to it over its 40 years meant that the other parts of the pool deck weren’t strong enough to withstand the extra load, leading to the type of slow-motion collapse. Continue reading...

Officials say Sarita Kimble, 62, and Delores Shelton, 83, killed in Mount Vernon as several buildings destroyedAuthorities in Illinois say that two older residents were killed and at least five other people were injured in a tornado that ripped through a rural county and destroyed several buildings on Sunday evening.The fatalities occurred in Mount Vernon, sheriff Jeff Bullard of Jefferson county said on Monday. He identified the victims as Sarita Kimble, 62, and Delores Shelton, 83, who were inside separate structures leveled by the tornado. Continue reading...

• A data breach at market research firm Klue has resulted in the theft of sensitive data from several prominent cybersecurity companies. • Affected firms include Huntress, HackerOne, Jamf, Recorded Future, and Tanium, who were compromised via their relationship with Klue. • This incident highlights a critical supply chain vulnerability, as the breach of a single research vendor exposed multiple security-focused organizations.

Trump’s immigration agenda is on the supreme court docket with rulings still to come on birthright citizenship and TPS for Haitian and Syrian immigrantsSign up for the Breaking News US emailHello and welcome to the US politics live blog.The supreme court is expected to render at least one judgment today as the term is set to come to an end later this month. There are a series of cases yet to be decided that are relevant to Donald Trump, including his attempt to limit birthright citizenship and plan to remove legal protection from Haitian and Syrian immigrants.Donald Trump has signed a 14-point agreement with Iran, claiming it delivered a “major win” for the US. The Guardian’s Andrew Roth argues that the US entered war with maximalist goals and exited it with a pragmatic decision to end conflict despite political cost.A teenager has died after being thrown to the ground on Wednesday when a Central Park carriage horse bolted away from its driver, police in New York have said.On Wednesday, court proceedings revealed that Luigi Mangione’s legal team plans on pursuing a psychiatric defense during his upcoming Manhattan state court trial over the killing of UnitedHealthcare executive Brian Thompson. Continue reading...

Two friends found Kathryn Woessner, 68, in wooded area almost entirely submerged in mud puddleA woman has been rescued from a mud pit in Minnesota after becoming trapped for several days.On 6 June, two friends, Adam Sandbeck and Mike Gravalin, were riding their all-terrain vehicles through a wooded area near Backus and Hackensack in northern Minnesota when they discovered Kathryn Woessner, 68, almost entirely submerged in a mud puddle. Continue reading...

Firings are part of a broader personnel purge under under the leadership of director Kash Patel, a Trump loyalistSeveral FBI analysts tied to the creation of a 2023 memo warning of a potential threat from Catholic “violent extremists” were fired on Friday, according to their lawyer, the latest wave of terminations under the leadership of its director Kash Patel.The fired employees included four intelligence analysts and a supervisory analyst. The FBI declined to comment. Continue reading...

• ECB economists have issued a warning via their official blog that current economic conditions may lead to stronger inflationary pressures than markets currently anticipate. • While some indicators suggest inflation risks are lower than they were in 2022, the bank identifies several emerging factors that could drive prices higher. • This assessment matters as it signals a potential shift in the European Central Bank's outlook, potentially influencing future interest rate decisions.

Dozens reportedly arrested for defying curfew at Delaney Hall in Newark amid hunger and labor strikes at facilityOfficials in New Jersey said Monday that several protesters were arrested overnight for defying a curfew at Delaney Hall, the Newark immigration detention center that has seen more than a week of chaotic and often violent clashes.The state’s Democratic attorney general, Jennifer Davenport, posted on X that a group of individuals “had come to the protest armed with helmets, shields, or gas masks, [and] deliberately refused to comply with repeated orders to leave the area”, resulting in their arrest. Continue reading...

Police are searching for at least four individuals responsible for ‘terrifying signals of hatred and threats of violence’Sign up for the Breaking News US email to get newsletter alerts in your inboxSeveral synagogues and homes in the New York borough of Queens were vandalized overnight Monday with swastikas, according to the city council speaker.On Monday, Julie Menin, along with other city council members including Lynn Schulman and Phil Wong, visited Congregation Machane Chodosh, one of the sites targeted in Forest Hills. Continue reading...

Victim in her 20s was attacked after leaving Labyrinth Epsom nightclub between 2am and 4am on SaturdayA woman was raped by several men outside a church after leaving a nightclub in Surrey, police said.The woman in her 20s reported she was attacked after being followed leaving Labyrinth Epsom between 2am and 4am on Saturday. Continue reading...

Shooting under investigation but no details yet released about a suspect, a possible motive or any arrestsAt least six people were shot, including one fatally, at a fast-food chain restaurant in Union Township, New Jersey, on Saturday night, according to preliminary reports.The Gun Violence Archive, a nonpartisan reference resource, listed the reported shooting at the Chick-fil-A restaurant in the 2300 block of Route 22 as the 100th mass shooting documented in the US this year, as of Sunday. The archive defines mass shootings as cases in which four or more victims are wounded or killed. Continue reading...

Delta, United and JetBlue hiked rates even as Delta announced $1bn pre-tax profit in quarter ending JuneMiddle East crisis – live updatesSign up for the Breaking News US newsletter email Several major US airlines have raised their baggage fees in recent days, blaming ongoing volatility in oil markets caused by the US-Israeli war in Iran that has almost doubled jet fuel prices.On Tuesday, Delta followed the lead of United Airlines and JetBlue, which announced last week that they were hiking baggage prices because of the ongoing war. Continue reading...

Federal agency, which normally supports state and local public health labs, has been hobbled by staff departuresSign up for the Breaking News US email to get newsletter alerts in your inboxThe US federal agency responsible for monitoring diseases has temporarily halted certain diagnostic testing, including those for rabies, human herpesvirus and several other infectious illnesses.The Centers for Disease Control and Prevention (CDC) released a list on Monday showing that more than two dozen types of testing are now unavailable. Continue reading...