NEW - Iran's Foreign Minister Araghchi: "As long as the aggression and attacks continue, there is simply no room for talk of dialogue or diplomacy."

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Wake me up when something happens

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NOW - Trump says "intelligence community is wrong" that Iran is not building nuclear weapons

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Shocking stat of the day:

Annual interest expense on US debt has reached $1.2 TRILLION over the last 12 months.

In other words, the US is now paying $3.3 BILLION in interest per day.

Annual interest expense has now surpassed health and defense expenditures by ~$300 billion.

Interest costs are also now the second-largest government expense, just ~$300 billion below Social Security.

As a result, interest payments reflect ~18% of all taxes paid, just shy of a record 19% seen in the 1980s when interest rates were as high as 19%.

Interest on federal debt is our biggest crisis.

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JUST IN - Trump says he might support Iran-Israel ceasefire

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IRAN FEEDS: "Large forces of the police were dispatched to the beach in Rishon Lezion after identifying a suspicious vessel."

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IRAN FEEDS: "The event in Roshaniec involves a suspicious drone.

There is no concern about infiltrating . "

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JUST IN: 🇮🇷🇺🇸 Iran says "we do not know how we can trust the Americans anymore."

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🎯🎯 SanchezMemez

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The US labor market is deteriorating beneath the surface:

Full-time employment plummeted by 623,000 in May, posting the 4th largest monthly decline in 5 years.

This was also the 2nd monthly drop this year.

As a result, full-time employment's share of the labor force fell to 79%, the lowest since August 2021.

This ratio has been declining for 3 years now.

Declining labor intensity indicates softening demand for full-time workers.

Cracks in the US job market are becoming increasingly apparent.

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