The Spin newsletter
Trump says Iran and Israel to have a phased-in ceasefire over 24 hours • Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran
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The Spin

Monday, June 23, 2025

CTU President Stacy Davis Gates rebukes Trump administration, urges district to prioritize union contract

Chicago Teachers Union President Stacy Davis Gates delivered a scathing rebuke of the Trump administration and urged prioritizing CTU’s new contract and other investments in public education.

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Trump says Iran and Israel to have a phased-in ceasefire over 24 hours

President Donald Trump on Monday declared the “12 day war” between Israel and Iran as likely ending in a ceasefire.

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Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

U.S. stocks rallied, and the price of oil tumbled Monday on hopes that Iran will not disrupt the global flow of crude.

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Supreme Court allows Trump to restart swift deportation of migrants away from their home countries

A divided Supreme Court on Monday allowed the Trump administration to restart swift removals of migrants to countries other than their homelands, lifting for now a court order requiring they get a chance to challenge the deportations.

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Mayor Brandon Johnson firm on ending tipped subminimum wage as restaurant group calls for reversal

Restaurant groups argue the ordinance has forced businesses to shutter and led to a decrease in hospitality jobs.

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Jewel-Osco pharmacy division argues National Labor Relations Act unconstitutional

The company joins a lengthy and growing list of employers including SpaceX, Amazon, Trader Joe’s, the University of Southern California, dating app Grindr and Oak Brook-based hot dog empire Portillo’s that have made similar arguments.

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President Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane

President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile following U.S. strikes on Iranian nuclear facilities.

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The number of abortions kept rising in 2024 because of telehealth prescriptions, report finds

The number of abortions in the U.S. rose again in 2024, with women continuing to find ways to get them despite bans and restrictions in many states, according to a report out Monday.

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GOP tax bill would ease regulations on gun silencers and some rifles and shotguns

The massive tax and spending cuts package that President Donald Trump wants on his desk by July 4 would loosen regulations on gun silencers and certain types of rifles and shotguns, advancing a longtime priority of the gun industry as Republican leaders in the House and Senate try to win enough votes to pass the bill.

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