Clockwise US News

Clockwise General News — Israel's Cabinet has formally approved a proposal recognizing the World War I violence against Armenians as genocide, signaling a significant shift in international relations. This is Clockwise general news, 6 AM Eastern. The decision, which still needs parliamentary approval, reflects ongoing diplomatic tensions between Israel and Turkey. Turkey has long resisted international recognition of the 1915 mass killings. In the South Pacific, Australia and Vanuatu have signed a new security and economic treaty.

Clockwise Business News — Nasdaq dropped over one percent today, with technology stocks coming under pressure amidst questions about AI spending and valuations. This is Clockwise business news, 6:30 PM Eastern. Investors are growing nervous about whether massive AI investments can deliver the expected profits. This sentiment is affecting market confidence and influencing broader market trends. Adding to tech sector dynamics, Apple and Microsoft have raised product prices due to soaring memory chip costs.

Clockwise Politics News — President Trump's approval rating has dipped further amidst ongoing economic concerns and the protracted conflict in Iran. This is Clockwise politics news, 4 PM Eastern. A recent AP-NORC poll shows the President's economic approval at 30%, down from 38% last month. Seventy-six percent of Americans disapprove of his handling of the cost of living. The decline is partly attributed to rising gas prices and persistent inflation, coupled with public fatigue over the Iran conflict.

Clockwise General News — Supreme Court has rejected a major bankruptcy settlement shielding the Sackler family from opioid lawsuits. This is Clockwise general news, 2 PM Eastern. The 5-4 ruling found the settlement, involving Purdue Pharma, violated U.

Clockwise General News — Diplomatic efforts between the U. and Iran have hit a major snag, with Vice President Vance canceling a crucial meeting in Switzerland. This is Clockwise general news, 6 AM Eastern. The cancellation follows recent escalating exchanges of fire in the region, complicating efforts to negotiate a long-term agreement.

Clockwise Business News — The Federal Reserve's preferred inflation gauge soared to a new three-year high of 4. This is Clockwise business news, 6 PM Eastern. The Commerce Department reported consumer prices rose 4. 1% annually, the largest increase since April 2023.

Clockwise Politics News — A landmark bipartisan infrastructure package narrowly passed the Senate just hours ago, marking a significant legislative victory. This is Clockwise politics news, 4 PM Eastern. The $500 billion bill, targeting vital upgrades for roads, bridges, and crucial broadband expansion, secured 61 votes. This critical margin exceeded the 60-vote threshold after intense overnight debate. The legislation now faces an uncertain path in the House, where deep internal party divisions could necessitate further amendments.

Clockwise General News — Fresh clashes are testing the fragile ceasefire between the U. and Iran, with Iran targeting U. assets in the Middle East.

Clockwise General News — launched targeted strikes against Iran overnight in response to a drone attack on a cargo ship in the Strait of Hormuz, marking a significant escalation. This is Clockwise general news, 6 AM Eastern. These military actions severely test a fragile interim understanding between the two nations.

Clockwise Business News — A key inflation gauge has unexpectedly jumped to a three-year high, rekindling concerns about persistent price pressures. This development is now heavily influencing market expectations for the Federal Reserve. This is Clockwise business news, 6 PM Eastern. Minneapolis Fed President Neel Kashkari now forecasts one rate hike in 2026, projecting the policy rate will reach 3.