News Wrap: Trump says he called off strike on Iran planned for Tuesday

Geoff Bennett:

President Trump says he's called off a strike on Iran that was planned for tomorrow. In a social media post, Mr. Trump said he did so at the request of Gulf allies and because -- quote -- "Serious negotiations are now taking place."

Iran's Foreign Ministry also said today that dialogue is ongoing, with Iran's top diplomat meeting with Pakistani officials today in Tehran. Pakistan has been acting as a mediator in the talks.

Meantime, Treasury Secretary Scott Bessent is meeting with his G7 counterparts in Paris to address the economic challenges brought on by the war. Bessent says more pressure on Iran is a top priority.

Scott Bessent, U.S. Treasury Secretary:

We call upon all our G7 and indeed all of our allies and the rest of the world to follow the sanctions regime, so that we can crack down on the illicit finance that is fueling the Iranian war machine and give this money back to the Iranian people.

Geoff Bennett:

Separately, Israeli airstrikes continue to hit Southern Lebanon today, as health officials there say more than 3,000 people have now died during recent fighting between Israel and the Iran-backed Hezbollah group. The two sides agreed to a cease-fire last month, but have continued carrying out strikes ever since.

In California, a fast-moving brushfire north of Los Angeles is forcing tens of thousands of residents to flee their homes. Aerial footage shows smoke rising over Simi Valley earlier today as windy conditions fanned the flames. State fire officials say the fire started this morning shortly before 11:00 a.m. local time and quickly grew to more than 180 acres.

Local TV footage showed at least one home on fire, and nearby schools canceled outdoor activities because of poor air conditions.

In New York, hundreds of thousands of commuters were left scrambling today after negotiators failed to settle a strike at the Long Island Railroad.

Protester:

What do we want?

Protesters:

Contract!

Protester:

When do we want it?

Protesters:

Now!

Protester:

What do we want?

Protesters:

Contract!

Protester:

When do we want it?

Protesters:

Now!

Geoff Bennett:

Workers at the nation's largest commuter rail system are seeking higher wages, among other demands. They walked off the job shortly after midnight on Saturday after talks with transit officials fell apart.

Unions and the MTA have been negotiating a new contract since 2023. The strike has shut down the entire network, which serves more than 250,000 passengers each day between Long Island and New York City. Talks between the two sides are ongoing.

An investigation is under way into the collision of two Navy jets during an air show at a military base in Idaho yesterday. Eyewitness video shows the aircraft colliding midair near the base about 50 miles south of Boise before tumbling toward the ground. You see it there. Moments later, four parachutes deploy as the jets continued their descent, crashing and erupting on impact.

A Navy spokesperson says the aircraft, EA-18G Growlers, were performing an aerial demonstration at the time. Officials say the base was locked down following the crash. All four crew members are said to be in stable condition.

In Ukraine, military officials say a barrage of more than 500 Russian drones and missiles wounded more than two dozen people nationwide overnight. Most of the injuries were in the southeastern city of Dnipro. The strikes were in response to Ukraine's own attacks on Russia this weekend.

At least four people were killed, including three near Moscow. It was one of Kyiv's biggest attacks against the Russian capital in over a year, and it comes as Ukraine is expanding its long-range capabilities. Today Ukraine's Defense Ministry unveiled the country's first domestically produced glide bombs that can strike deep inside Russia.

Well, on Wall Street today, stocks ended mixed, as uncertainty over the Iran war keeps investors on edge. The Dow Jones industrial average gained more than 150 points to start the week, but the Nasdaq lost ground, falling more than 130 points. The S&P 500 ended a touch lower.