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U.S. military launches second night of strikes against Iran

▶ Watch Video: U.S. launches another round of strikes against Iran, CENTCOM says

Washington — The U.S. military launched another round of strikes against Iran late Wednesday night, U.S. Central Command said, in the second night of attacks as diplomacy between the two countries appears to collapse. 

CENTCOM said on X that Wednesday’s strikes are intended to “further degrade [Iran’s] ability to threaten freedom of navigation in the Strait of Hormuz.” It said the strikes were ordered by President Trump in response to Iranian attacks on three commercial oil tankers earlier this week.

The military said it hit about 90 Iranian targets, including air defenses, drone and missile storage, naval targets and logistics infrastructure on Iran’s coast. Iranian state media outlets reported that explosions were heard in several cities, including the southern port city of Bandar Abbas.

Early Thursday morning, Kuwait said it was “confronting hostile missile and drone attacks.” Emergency sirens also sounded in Bahrain. The two countries did not specify the source of the threats, but Iranian counterattacks against U.S.-allied Gulf states have closely followed previous U.S. strikes on Iran. 

Hours earlier, Mr. Trump had vowed to “hit [Iran] hard again tonight.” Asked about the three-month-old ceasefire between the two countries, which has repeatedly been mired by on-and-off fighting, he told reporters: “As far as I’m concerned, it’s over.”

After Wednesday’s strikes began, Mr. Trump wrote on Truth Social that “it will get much worse” if Iran attacks more ships.

This week’s back-and-forth began with Iranian attacks on three oil tankers in the Strait of Hormuz on Monday and Tuesday. The Trump administration retaliated by striking dozens of targets inside Iran on Tuesday and rescinding a sanctions waiver that allowed Iran to sell its oil abroad. Iran then fired drones and missiles at U.S.-allied Kuwait and Bahrain.

The latest round of fighting could endanger already tenuous peace negotiations between the U.S. and Iran. The two sides signed a memorandum of understanding last month to extend their ceasefire by 60 days, reopen the Strait of Hormuz, end a U.S. blockade on Iranian ports and begin easing sanctions on Iran. The two countries also agreed to hold two months of further talks to tackle thorny issues like the fate of Iran’s nuclear program.

Since then, there have been a handful of military exchanges between the U.S. and Iran, and both countries have accused each other of violating the deal. Commercial ships have begun returning to the Strait of Hormuz, easing oil prices, but Iran has continued to push for some degree of control over the strait — a demand the U.S. has rejected.

On Wednesday, Mr. Trump appeared pessimistic about diplomatic talks with Iran, calling the country’s leaders “sick” and saying “it’s just a waste of time dealing with them.”

“I’ll let our wonderful negotiators keep talking if they want, but I don’t see it,” he told reporters during a NATO summit in Turkey. “I don’t like these people, you know that.”

Later in the day, after Wednesday’s strikes began, Mr. Trump told reporters that Iran wants “to make a deal so badly,” but he doesn’t know if Iran is “worthy of making a deal.”

“I don’t know if they’ll honor a deal,” he said.

Young Americans have higher credit scores today than before Covid

New York (CNN) — Kelly Klein graduated from college with $100,000 in student loans that she feared would haunt her forever.“I expected I’d never pay off my student debt,” said Klein, who is 31 years old.But flash forward 10 years and Klein is now debt-free, her retirement account is flush and her credit score is pristine.“Every commission check I earned for the first six years went to paying off my debt. Every single penny,” said Klein, who is based in Nashville, Tennessee, and works as a loan officer at a community development financial institution.While millions of Americans are hurting from high prices and low hiring, new research suggests the finances of younger generations are displaying surprising resilience.Americans between the ages of 18 and 29 have higher credit scores today than they did just before Covid-19, according to FICO research shared first with CNN.Not only that, but that youngest generation’s 17-point increase in average credit scores since 2019 is the biggest among any age group FICO measured. The second biggest increase in credit scores over that timeframe was for the 30-to-44 cohort, otherwise known as Millennials.Most of the gains occurred during the initial stages of the health emergency when student loan payments were paused.Experts say younger Americans have benefited from access to better education about the importance of protecting credit scores to hold down payments later in life.“Gen Z is pretty savvy about credit. And they are more aware of credit scores, in part because there have been so many economic headwinds during their lives,” said Matt Schulz, chief credit analyst at LendingTree.‘A lot more knowledge’Overall FICO scores fell slightly between April 2025 and April 2026. However, credit scores for Gen Z are up by one point over that timeframe and roughly half have a very strong FICO score of 700 or above.Klein, who is a Millennial, said she learned valuable lessons about finance and investing from experts on social media. Klein also said she joined a free webinar on opening a brokerage account and familiarized herself with tax strategies and how to maximize credit card rewards.“We have a lot more knowledge than previous generations did. A lot of it was gate-kept, especially from women, and tailored toward men. Luckily, I feel like financial education is more available,” she said.Another factor: Younger borrowers are at or near the beginning of their credit journeys, giving them the most room to grow their credit scores. FICO said it doesn’t take into consideration age when scoring borrowers, but it does evaluate how long someone has been able to successfully make payments on time.As consumers take on different kinds of debt — moving from just credit cards and student debt to car loans and mortgages — they open themselves up to being better borrowers. That’s a key factor in determining credit scores.Schulz compared younger Americans increasing their credit scores with a new driver borrowing Mom or Dad’s car.“The first few times they might put some real restrictions on you. But if you show you can handle it over time, they might not think at all about letting you borrow the car. Credit is very similar,” Schulz said. “Having time and experience handling credit responsibly leads to credit scores being higher.”K-shaped economy is evidentMore emphasis on being responsible borrowers may help explain why, at a high level, average credit scores for younger Americans have held up better than might be expected in today’s economic environment, where high-income earners have seen their wealth grow faster than low-income earners.As of April, nearly half (49.6%) of borrowers aged 18-29 had a strong credit score of 700 or above, according to FICO. That’s up from 41.4% in April 2020.However, there are disparities beneath the surface that underscore the K-shaped economy.For instance, FICO said the score distribution for 18-29 year olds has shifted toward both higher and lower scores “rather than clustering in the middle.”In other words, high credit scores today for young people are higher than in 2019 — but so are low ones.“There’s a lot of fragmentation among Gen Z. Many of them are thriving. Some are struggling and relying on support from parents. We’re definitely seeing a K-shaped economy,” said Tommy Lee, senior director at FICO.3.2 million borrowers are behind on student debtOne pressure facing younger Americans is the spike in housing costs driven by elevated mortgage rates and record-high home prices.The average monthly mortgage payment for a first-time homebuyer is 57% higher than in 2019, according to FICO.Another arguably bigger factor is the return of student debt payments and credit bureau reporting after a Covid-era pause.As of April, about 3.2 million Americans of all ages with a student loan payment due (or 14%) had a recent delinquency (30 days or more past due) reported in the prior six months, according to FICO.Those borrowers who fell behind on their student loans and were deemed delinquent saw their FICO score decline by an average of 38 points.By contrast, another 4.9 million borrowers either resolved a delinquency or moved into another repayment status, such as starting a repayment plan. Those consumers experienced an average credit score increase of 16 points, according to FICO.Schulz, the LendingTree expert, stressed that missed payments carry severe consequences that can haunt borrowers for many years — especially when they need to get a mortgage.“It really only takes one payment 30 days or more late to really do damage to your credit score,” he said.The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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