Clockwise US News

Clockwise General News — Cristiano Ronaldo made history today, becoming the first player to score in six different World Cup tournaments. This is Clockwise general news, 6 AM Eastern. The Portuguese superstar scored two goals in his team's match against Uzbekistan, cementing his legendary status on the global stage. Fans celebrated his record-breaking performance. Shifting to international relations, the U.

Clockwise Business News — Big Tech stocks are leading a broad market sell-off today, driven by concerns over massive AI infrastructure spending. This is Clockwise business news, 6 PM Eastern. 4%, with chipmakers like Micron Technology and Nvidia seeing significant declines. Investors are questioning AI's profitability and valuation.

Clockwise Politics News — The Pentagon has requested an additional $80 billion from Congress to cover the costs of the ongoing Iran war. This is Clockwise politics news, 4:30 PM Eastern. The massive funding proposal, largely for replenishing stockpiles, comes amidst President Trump's bid for a 50% increase in the Defense Department's budget this year. Lawmakers express skepticism over the war-ending deal and next steps. This significant request highlights the financial burden of the recent conflict.

Clockwise General News — A bipartisan housing bill aimed at lowering costs just passed the Senate. This is Clockwise general news, 2 PM Eastern. The legislation, designed to reduce federal regulations and expand local control, passed with an 85-5 vote and heads to the House next. It is considered one of the most significant efforts in decades to increase housing supply. The Federal Reserve maintained its target range for the federal funds rate at 3.

Clockwise General News — Turkish security forces have detained over 200 individuals with suspected extremist links ahead of next month's NATO summit in Ankara. This is Clockwise general news, 6 AM Eastern. The sweeping raids targeted suspected members of groups including the Islamic State.

Clockwise Business News — The Dow Jones Industrial Average gained 0. 3% today, while the Nasdaq composite slumped 1. 3% following a dip in Big Tech stocks. This mixed market movement comes after an impressive run for the S&P 500. This is Clockwise business news, 6 PM Eastern.

Clockwise Politics News — A major bipartisan housing bill just passed the Senate, aiming to tackle rising costs and increase supply across the nation. This is Clockwise politics news, 4 PM Eastern. The legislation, approved today, bans corporate investors from single-family home purchases and expands federal financing for affordable manufactured homes. This marks a significant effort to reduce federal regulations and increase local control over housing. In executive action, the administration's new energy order is poised to challenge state climate laws, aiming to invigorate energy production.

Clockwise General News — A federal judge has halted the Trump administration's attempt to subpoena Minnesota Governor Tim Walz in an immigration probe. This is Clockwise general news, 2 PM Eastern. District Judge Patrick Schlitz blocked the subpoenas, citing them as an effort to harass and retaliate against state officials.

Clockwise General News — The Supreme Court today upheld a landmark climate regulation, strengthening federal power to combat emissions nationwide. This is Clockwise general news, 6 AM Eastern. The 5-4 decision affirmed the Environmental Protection Agency's authority in a case watched closely by environmental groups and industry leaders. Legal experts predict widespread impacts. Global oil prices have surged this hour following new supply chain disruptions reported in the Middle East.

Clockwise Business News — The Federal Reserve's new communication strategy is sparking market volatility, with yields on the 10-year Treasury jumping recently. This is Clockwise business news, 6 PM Eastern. New Fed Chair Kevin Warsh has sharply reduced the central bank's forward guidance, aiming for less market dependency. Analysts warn this could lead to more pronounced swings in stock and bond prices. Global oil prices dipped below $80 a barrel this week, following a tentative US-Iran deal and the reopening of the Strait of Hormuz.