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FBI says it thwarted plot to use drones, snipers to attack White House UFC event

The FBI said on Tuesday it thwarted a planned attack on the ‌Ultimate Fighting Championship mixed martial arts event on the White House lawn on the weekend, taking five people into custody, according to court documents.

June 16, 2026
News

Lawmakers in the dark on Iran deal as Trump says he will send it to Congress

President Donald Trump said on Tuesday he was willing to send his interim deal to end the war with ​Iran for review by the U.S. Congress, as lawmakers, including many of his fellow Republicans, said they were largely in the dark ‌about the pact.

June 16, 2026
News

Exclusive: Iran deal includes $300 billion fund, more than half of which already committed, source says

A $300 billion private fund designed ​to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with ‌direct knowledge of the deal told Reuters.

June 16, 2026
News

US single-family housing starts slide to eight-month low; imported inflation increases sharply

U.S. single-family homebuilding fell to an eight-month low in May, pressured by higher mortgage rates and building material prices, suggesting the housing market could remain a drag on economic growth in the second quarter.

June 16, 2026
News

Bacardi loses US appeal in long-running ‘Havana Club’ trademark dispute

A U.S. appeals court ruled against Bacardi [RIC:RIC:BCARDB.UL] on Tuesday in the company’s long-running dispute with the Cuban government over the trademark rights to “Havana Club” ​rum in the United States.

June 16, 2026
News

Yum Brands to sell struggling Pizza Hut chain for $2.7 billion as demand slumps

Yum Brands said on Tuesday it would sell its Pizza Hut chain for $2.7 billion, as the fast-food ​business struggles with stiff competition and cautious consumer spending.

June 16, 2026
News

Workday will likely face California claims in sprawling AI bias lawsuit

A federal judge has signaled that she will likely order Workday, the maker of popular AI-powered human resources software, to face claims that it violated California law thousands of times by ​weeding out job applicants at many major companies for discriminatory reasons.

June 16, 2026
News

Some at Fed may pencil in a hike. Most won’t. Warsh is a question mark

The anticipated adjustments to the Federal Reserve’s so-called dot plot would mark a hawkish shift from where officials ‌were just three months ago.

June 16, 2026
News

Mapping the Market: Signs of relief at US gasoline pumps, possibly more to come

U.S. gasoline prices have fallen more than 20% since their Iran-war peak in April, with the latest declines encouraged by the announcement of a deal to ​end hostilities, and they could slide further if a pattern forming on ‌the charts comes to fruition.

June 16, 2026
News

Oil drops about 4% to three-month low as markets weigh US-Iran deal

Oil prices fell about 4% on Tuesday to ​fresh three-month lows as markets weighed prospects for a resumption of supplies through the Strait of Hormuz alongside weaker ‌physical demand and scant details on a preliminary deal to end the Iran war.

June 16, 2026

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