Karen Moscow

The rally comes after Axios reported the Trump administration is closer to a major war in the Middle East than most expect.

Axios says a U.S.

operation would likely be a weeks-long campaign.

And we get more from Bloomberg's managing editor, Paul Wallace, in Dubai.

And Bloomberg's Paul Wallace says the U.S.

has announced visa restrictions on Iranian officials and executives for repressing recent anti-regime protests and cutting off Internet access.

Well, Nathan, Meta CEO Mark Zuckerberg testified in a social media and safety trial in Los Angeles that it's, quote, very difficult to enforce Instagram's age limits.

But he says Meta has introduced some proactive tools to try to identify and remove accounts violating the rules, but called it a challenging problem.

Bloomberg's Kurt Wagner says this is a signature moment for this industry.

And Bloomberg's Kurt Wagner says the trial centers on a 20-year-old woman who blames Meta's Instagram and Google's YouTube for her years of mental health struggles.

Time now for the Bloomberg Sports Update, and we bring in John Stashower.

John.

Thanks, John.

And that's news when you want it with Bloomberg News Now.

I'm Karen Moscow.

And I'm Karen Moscow.

Now, Nathan, to the latest fallout from the Jeffrey Epstein files.

Billionaire retail mogul Les Wexner testified behind closed doors about his relationship with the late sex offender to Democrats on the House Oversight Committee.

The former CEO of L Brand said he visited Epstein's private island once with his wife and children, but was unaware of any sex trafficking operation.

And he repeatedly said he could not recall details.