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Economic Spending and Severe Weather Updates

From NPR News: 06-11-2026 11PM EDTJun 12, 2026

Excerpt from NPR News Now

NPR News: 06-11-2026 11PM EDTJun 12, 2026 — starts at 0:00

This message comes from synchrony bank who wants to inspire you to stay flexible, save smart, and keep dreaming big. With their high yield savings account, you'll earn a great rate without monthly fees or minimums so you can reach your savings goals faster without the hassle. Open an account with a great rate in five minutes or less and dream on. Go to synchrony dot com slash NPR memberfdic . Live from NPR News in Washington , I'm Dan Ronan. President Trump says there will be no U. S. strikes on Iran tonight. On social media, he called off the operations. He also said, as he has before, a peace deal is imminent. NPR's Daniel Kurtzlabin has moored on this latest salvo in a series of whiplash proclamations from the president . Just hours ago, President Trump had said the U. S. would hit Iran, quote, very hard. But now in a post on social media, Trump says he's canceled the strikes as a result of talks with Iran. He wrote, quote, discussions and final points have been in both concept and great detail approved by all parties involved. He added that the U. S. Naval blockade of Iran will remain in effect until an agreement is signed. This week, the US and Iran traded strikes after a U. S. helicopter was downed near the Strait of Hormuz. Trump has announced several times that a peace deal in the war was imminent only for it not to materialize. Danielle Kurtzliban NPR News, the White House. President Trump today named J. Clayton to serve as Director of National Intelligence. Last week, he named another man to serve as acting DNI , and the ensuing fallout led to the looming lapse of a key spy tool. NPR's Eric McDaniel reports. Jay Clayton is a lawyer and federal prosecutor. He also served as Chairman of the Securities and Exchange Comm ission. It's unclear at this point whether Bill Polty, named by Trump to serve as DNI in an acting capacity, will still do so. In fact, Democrats sank the renewal of spy legislation that allows the government to collect the communications of hundreds of thousands of foreign nationals located outside of the US each year, in large part because they didn't trust Polti to oversee the program as well as other aspects of more than a dozen intelligence agencies. The program is due to laps tomorrow, but intelligence gathering under the tool will continue under the existing authorization, Eric McDaniel and Peer News, Washington. High inflation is not stopping U. S. households from spending. The Bank of America Institute reported credit card and debit card spending was up five point one percent in May from a year earlier. NBR's Stephen Bishaha has more. Even if you take gas out of the equation, spending was up three point nine percent. Consumers also bought more tickets to fly, despite airfare being up twenty seven percent from last year. David Tinsley is senior economist at the Bank of America Institute, and he says the spending is continuing despite economic tailwinds from inflation. Almost to a surprising extent, most consumers are weathering those , but there are some tension points for lower and middle income households. Their spending growth is actually running still a little bit ahead of their wage growth . Meaning some consumers have to make that up in other ways, like cutting into how much they're saving or what savings they have. Steven Missah NVR News. Severe weather Thursday evenings swept through the Midwest tornadoes dam age buildings in the city of Streeter that's about eighty miles southwest of Chicago. About two hundred forty thousand people are without power . This is NPR. The US Supreme Court tonight rejected a request from the state of Alabama to lift a state of execution and execute death row inmate Jeffrey Lee. A lower court ruled earlier that Alabama's method of execution using nitrogen gas to kill a prisoner constituted cruel and unusual punishment and violated the eighth amendment . The state was seeking to get that lower court ruling vacated . Federal forecasters say the cynical weather patternn know as El Nino has officially begun, and as NPR's Nate Rott reports, it could be one of the strongest on record. El Nino is a periodic weather pattern in the Pacific Ocean that can cause major shifts in global weather patterns, bringing hotter temperatures and more extreme weather to many parts of the world. The National Oceanic and Atmospheric Administration says there's a sixty three percent chance it becomes a very strong event what some scientists call a super elnino over the coming months. Forecasters warn it's impossible to predict how the shifting weather will play out exactly, but previous research has shown that El Ninos can exacerbate drought in some areas while bringing torrential rains to oth ers. Further complicating forecasts is global warming, and how El Nino plays out on top of an already

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