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UN experts say two U.S. strikes in Iran may amount to war crimes after at least 177 civilians were killed, while the White House rejects the findings. Meanwhile, Wall Street rebounds after the Fed’s first hike since 2023, ICE loses another nominee, and diesel climbs to a record $6.40.

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A UN fact-finding mission said Thursday there are "reasonable grounds to believe" the US committed war crimes in two Feb. 28 strikes that killed at least 177 civilians, including a Tomahawk strike on a Minab primary school the experts concluded "was the intended point of impact."

The White House rejected the findings, with spokesperson Anna Kelly saying "the only party in this conflict that has committed war crimes is the Iranian regime." The same non-binding report accused Iran's government of crimes against humanity in its winter protest crackdown.

Stocks bounced back from Wednesday's selloff, which followed the Fed's first rate hike in three years: the Dow added 316 points to 51,778, the S&P 500 rose 1.1% and the Nasdaq 1.7%, while the 10-year Treasury yield slipped to 4.93%, back under 5%.

Chair Kevin Warsh's Fed raised its benchmark rate Wednesday to about 3.9% by a unanimous vote and signaled a second increase is likely this year, as Middle East fighting pushed gasoline to $4.44 a gallon. President Trump called the board "very hostile" and "very political."

The White House withdrew Lance Schroyer on Thursday, a former Oklahoma state trooper with little immigration experience, as its nominee to lead ICE, offering only a brief statement. The agency has lacked a Senate-confirmed director since the Obama administration and is run by acting chief David Venturella.

Senate Homeland Security Chair Rand Paul had refused to schedule a hearing until DHS answered his questions about civilian deaths during enforcement operations, saying "I'm still waiting." ICE arrests hit nearly 51,000 in August, a second-term high.

A Saudi F-15 downed over Yemen was confirmed and geolocated by BBC Verify to hills about 25 miles west of Marib after Houthis claimed a locally made missile hit, with the crew's fate unknown.

Mark Carney told European lawmakers that Canada is not seeking full EU membership a day after Brussels floated making it the bloc's first "associate member," citing a "geopolitical rupture" after US tariffs.

Ukraine has a new prosecutor general after Volodymyr Zelensky named Anton Kovalskyi acting chief to replace Ruslan Kravchenko, who resigned and left the country after anti-corruption agencies searched his offices.

Russia and China vetoed a US resolution Thursday that would have extended a UN expert panel monitoring the reimposed Iran sanctions, an 11-2 vote that leaves the sanctions in force but untracked.

An F-16 from a Texas fighter wing crashed in rural northern Michigan during training, and the pilot ejected and was hospitalized as witnesses described "big billowing black smoke" and repeated explosions.

The Grand Canyon flood death toll rose to three after remains found near Crystal Rapids were identified as Timothy Allen Smith, a Wyoming pilot and the last person missing from the Aug. 29 floods.

The SEC opened a regulatory path for tokenized versions of US stocks with an order that took effect immediately, a five-year exemption that keeps token holders' dividend and voting rights intact.

Jensen Huang expects Nvidia to sell twice as many chips next year as it does this year, he told a summit in Scotland, and the shares rose more than 2% Thursday.

GM is betting on gasoline V-8s for its 2027 Silverado and Sierra pickups, unveiling two new small-block engines as President Mark Reuss vowed to "stomp the competition" in the truck wars.

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King Charles warned AI executives including Nvidia's Jensen Huang that the technology risks "developing darker capacities", while Demis Hassabis put artificial general intelligence "probably only a few short years away."

Some 37,000 AI agents organized like a biotech company flagged a lung-cancer drug target after analyzing 55,000 clinical trials, Stanford researchers report, though nothing has been lab-tested yet.

New gravity and radar surveys around Tutankhamun's tomb "strongly suggest" a hidden complex of corridors and rooms predating the boy king's burial, though Nature cautions it is too early for conclusions.

The Dodgers clinched the NL West for a fifth straight year with an 8-2 win over the Reds, tying the Braves' record of 14 straight postseason trips as they chase a three-peat.

Steve Belichick resigned as North Carolina's defensive coordinator as the school closed an internal culture investigation that found conduct "isolated in scope and not a systemic failure."

Christian Pulisic was left off Mauricio Pochettino's 28-man US roster while 16-year-old Cavan Sullivan earned his spot among 13 uncapped players, the coach noting "the World Cup is in four years."

The champion Knicks paused ticket sales after a pricing error pushed the opening-night get-in price past $1,000, promising refunds and a rollback to last year's prices plus 12%.

The Heartbreakers reunited onstage for the first time in 24 years at Nashville's Ryman, where Chris Stapleton sang "American Girl" and, by his own account, was so enthralled he forgot the first line.

Greta Gerwig confirmed Meryl Streep will voice Aslan in her "Narnia" film, seeking someone "profound but not pretentious" for a movie she says is inspired by David Bowie.

The National Book Awards longlists landed Thursday with Marlon James, Louise Erdrich and Edwidge Danticat among the ten fiction contenders, while Salman Rushdie receives the Distinguished Contribution medal.

What it is: Diesel hit an all-time high of $6.31 a gallon Wednesday and, by AAA's count, reached $6.40 on Thursday, with California already at $8, according to Norfolk Southern's chief commercial officer. Gasoline is $4.44, but diesel is the fuel that moves freight, farm equipment and the trucks that stock every store.

The detail: The squeeze is in refining, not crude. Roughly 20% of global refining capacity is offline in Russia and the Middle East, says the University of Denver's Jack Buffington, who thinks it could take a year or longer to get diesel back to $4 even if the fighting stopped tomorrow.

Retailers are eating about 15 cents a gallon in margin, roughly their normal profit, per the National Association of Convenience Stores. J.B. Hunt's CFO called the swings "some of the most radical and abnormal" he has seen, at least a $10 million headwind.

Why it matters: Northeast households heating with oil could pay up to 31% more this winter, says Mark Wolfe of the National Energy Assistance Directors Association: "Families are going to get hit three ways." Fed Chair Kevin Warsh named refining "crack spreads" as an inflation driver, and AP notes inflation has outpaced average incomes for five straight months.

What to watch: Whether the extra Saudi crude cargoes reportedly moving via ship-to-ship transfers near Oman keep easing prices, as they did Thursday; the Fed's signaled second hike; and the winter heating season, when household demand meets a market that Ship4wd's CEO calls "the price nobody watches until it's already inside everything else."

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The American Airlines passenger who was duct-taped to his seat mid-flight told a judge he doesn't remember any of it, then asked whether that was really what the charges said.

Britain's 97-year-old wing walker strapped herself to a biplane again, this time to deliver a check to the hospital that treated her. Retirement is apparently for other people.

Brisbane organizers approved a Northern Territory river home to about 500 saltwater crocodiles as the 2032 Olympic rowing venue. That should keep the pace lively.

The US Constitution is signed in Philadelphia (1787) · The Battle of Antietam becomes the bloodiest single day in American military history (1862) · MAS*H premieres on CBS (1972) · NASA unveils the Space Shuttle Enterprise (1976) · The Camp David Accords are signed at the White House (1978) · Vanessa Williams is crowned the first Black Miss America (1983)

"It is therefore that the older I grow, the more apt I am to doubt my own judgment." — Benjamin Franklin, Pennsylvania delegate, in a speech read to the Convention by James Wilson on Sept. 17, 1787

That’s the world in five minutes. Forward today’s edition to someone who likes starting the day one step ahead.

—The Five Minute Daily Team