The top political leader of Hamas was killed in what appeared to be an Israeli airstrike in Tehran, Iran. The Iranian regime vowed retaliation against Israel.
President Joe Biden announced new rules that make millions more borrowers eligible for student loan debt relief. If the proposed rules are finalized, the total number of borrowers eligible for debt forgiveness will reach more than 30 million to date.
The Federal Reserve held interest rates steady following a two-day policy meeting. But officials signaled that a rate cut could be on the table as early as September, if inflation continues trending downward.