News To Know: Tuesday, June 24, 2025

Pres. Trump: “Ceasefire in Effect” as Iran and Israel Pause Attacks

ISRAEL is not going to attack Iran. All planes will turn around and head home, while doing a friendly “Plane Wave” to Iran. Nobody will be hurt, the Ceasefire is in effect!
President Donald Trump Tuesday morning on Truth Social after Iran (a U.S.-designated state sponsor of terror) and Israel violated the ceasefire terms announced on Monday evening. At the time of this writing, Iran and Israel have ended attacks against each other after 12 days of conflict.

What To Know: Israel accused Iran of breaking the ceasefire overnight Tuesday, which Iran denied. In response, the office of the Israeli prime minister said that Israeli “Air Force destroyed a radar installation near Tehran,” according to a statement. President Trump, on his way to the Netherlands for a NATO summit, demanded Israel stop attacks and not “drop those bombs,” and Israel confirmed it “has refrained from additional attacks.“

Why It Matters: As of now, active fighting between Israel and Iran is paused and details on a formal ceasefire have not yet been released. While President Trump maintains that a ceasefire is in place, Iranian Foreign Minister Seyed Abbas Araghchi posted on X: “there is NO ‘agreement’ on any ceasefire or cessation of military operations,” saying, “The final decision on the cessation of our military operations will be made later.”

Learn More:

Trump says Israel and Iran violating ceasefire he announced, demands Israel stop bombing (CBS News)
Iran attack targets U.S. Al Udeid Air Base in Qatar. Here’s what to know about the military base. (CBS News)
Opinion: Antony Blinken: Trump’s Iran Strike Was a Mistake. I Hope It Succeeds. (New York Times Gift Link)
Opinion: Trump and the ‘12-Day War’ (Wall Street Journal Gift Link)

Supreme Court Upholds Trump Administration’s Policy Deporting Noncitizens to Third-Party Countries

The application for stay … is granted.
A brief, unsigned order from the Supreme Court, temporarily lifting a lower court’s injunction and allowing the Trump administration to deport immigrants to countries they are not from. The justices gave no explanation for the majority opinion, which is common in emergency rulings. Justices Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson dissented, with Justice Sotomayor writing, “This Court now intervenes to grant the Government emergency relief from an order it has repeatedly defied. I cannot join so gross an abuse of the Court’s equitable discretion.” Meanwhile, DHS Assistant Secretary Tricia McLaughlin called the ruling “a victory for the safety and security of the American people.”

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Existing Home Sales Data: Slight Decrease in Sales, Slowest May Since 2009

The relatively subdued sales are largely due to persistently high mortgage rates. Lower interest rates will attract more buyers and sellers to the housing market.
National Association of Realtors Chief Economist Lawrence Yun, commenting on existing-home sales in May. Monday’s data marked the slowest May for existing home sales in 16 years, with experts noting the increase in inventory (20% more homes for sale this year compared to last) and higher mortgage rates causing a lull in buying. The housing market serves as an important indicator of the U.S. economy’s strength, and existing-home (aka previously owned) sales account for the largest portion of the nation’s housing market at more than 90%.

Learn More:

NAR Existing-Home Sales Report Shows 0.8% Increase in May (National Association of Realtors)
Home sales just posted their slowest May in 16 years (NPR)

Texas Gov. Signs Law Requiring Warning Labels on Food and Drinks Containing Specific Dyes and Additives

When a state as big as Texas requires a warning, that will have an impact on the entire marketplace. No question.
Senior vice president at the Environmental Working Group, Scott Faber, commenting on a new Texas law signed by Gov. Greg Abbott (R) requiring warning labels on packages for food and beverages that contain certain dyes or additives, including red dye 40 and yellow 5. The first-of-its-kind legislation in the U.S. potentially sets a precedent for other states, as the food industry will need to decide whether to add newly mandated language, change recipes or stop selling certain products in Texas. The law could also receive pushback in the courts, with critics pointing out flaws in the list of 44 dyes and additives. But as of now, the mandate goes into effect in 2027.

Learn More:

Texas will put warning labels on some foods, but its additives list has inaccuracies (The Associated Press)
What the Texas food label law means for the rest of America (The Washington Post Gift Link)

World’s Largest Digital Camera Unveils its First Photos of the Universe

NSF-DOE Rubin Observatory will capture more information about our Universe than all optical telescopes throughout history combined.
Brian Stone, performing the duties of the U.S. National Science Foundation director, regarding the new joint venture between the National Science Foundation and the Department of Energy in which the largest-ever digital camera has begun taking unprecedented images of the universe. The massive camera, located on top of a mountain in Chile, released its first images on Monday, showing millions of galaxies, Milky Way stars and asteroids after just 10 hours of operation. The observatory plans to photograph the whole southern sky over the next decade and help illuminate space mysteries, like dark matter and dark energy.

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Bacterial Contamination Leads to Recall of Children’s Cough Syrup

Medtech … is voluntarily recalling five lots of Little Remedies® Honey Cough Syrup (the “Product”) due to the presence of Bacillus cereus and loss of shelf-stability.
A press release concerning the Medtech Products recall of five lots of a popular cough medicine for kids due to bacterial contamination. The possible bacteria present in the Little Remedies Honey Cough Syrup could cause two types of food-borne illnesses and loss of shelf-stability. No serious adverse events have been reported thus far, but consumers should stop using the recalled product immediately and contact a doctor if symptoms like nausea, vomiting, stomach cramps or diarrhea occur within hours after digesting the contaminated item.

The impacted lot numbers: