NPR News: 07-11-2026 5PM EDT
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What is the main topic discussed in this episode?
Live from NPR News in Washington, I'm Janine Hurst.
What did Iran's new leader say in his second public address after Khamenei's funeral?
In a new public statement, Iran's leader delivered a defiant message days after his father, Ayatollah Ali Khamenei, was buried. He was killed in U.S.-Israeli airstrikes in February. His son, Moshtaba Khamenei, has not been seen publicly since he took power in March. NPR's Hadil Al-Cholchi has more.
In his second audio address, Iran's current leader, Ayatollah Moshtaba Khamenei, called his father's killers, quote, criminals and promised to uphold the late supreme leader's legacy. We pledge to take revenge for your pure blood and all the martyrs of these two wars, Moshtaba Khamenei said, referring to Iran's war with Israel in June 2025 and the current war with the U.S. and Israel. Like his first address in March, Moshtaba Khamenei's speech was read by a news anchor on Iranian state media, and the leader did not appear on camera. Three of Ayatollah Ali Khamenei's sons attended his funeral this week, but his fourth son and successor Moshtaba Khamenei was not seen publicly during the days-long procession.
Hadil Al-Shalchi, NPR News, Istanbul.
The biggest housing bill in 30 years became law at midnight without President Trump's signature. He refused to sign the bipartisan bill, saying it was a protest against the Senate for not passing his voter ID bill. The housing bill contains dozens of provisions aimed at driving down the price of housing by boosting supply. Democratic Congresswoman Maxine Waters says the bill addresses the nation's housing crisis.
In Los Angeles, over 70,000 people are on the street every night. In this country, over 700,000. And so now in this bill, we're going to make it possible for people to have affordable housing.
Trump's refusal to sign the housing bill, which he called a big yawn shortly after Congress passed it, represents a growing rift between him and Senate Republicans who didn't pass the voter ID measure earlier. which includes strict ID requirements along with other measures the president has demanded, saying they didn't have enough votes to override Democratic opposition. It was a mixed week on Wall Street. As NPR's Scott Horsley reports, traders mostly shrugged off the renewed fighting in the Strait of Hormuz and the effect on retail gas prices has been limited.
Crude oil prices jumped after President Trump declared an end to the U.S. ceasefire with Iran. Bond yields rose, and so did mortgage rates. The average rate on a 30-year home loan is just under 6.5%. The National Association of Realtors says home sales dropped in June, which is ordinarily one of the busiest months for selling. The average sales price of a home jumped to a record high, at more than $440,000. The Nasdaq got a boost on Friday when shares of the giant South Korean memory chip maker SK Hynix began trading there for the first time. For the week, the Nasdaq rose 1.75%. The S&P 500 index rose 1.25%. And the Dow Jones Industrial Average fell about four-tenths of a percent.
NPR Scott Horsley, this is NPR. Today, a World Cup doubleheader starts at this hour with Norway facing England in Miami in the quarterfinal matchup. Later, Argentina and Lionel Messi will face Switzerland in Kansas City in another do-or-die match to decide the last two semifinalists. Kayvon Antonio Hederi has more from Miami.
Norway, a nation of 5.5 million people, faces England, a former world champion and home to the birthplace of the sport. But Norway, absent from the World Cup since 1998, has been a dark horse with one spearhead, Erling Haaland, whose two goals helped eliminate Brazil. He's tallied seven goals so far. England eliminated Mexico 3-2. The 5 o'clock Eastern time start means the heat and afternoon storms of the South Florida summers could be a factor. The winner will face Argentina or Switzerland in next week's semifinal in Atlanta. If England and Argentina advance, it will be a repeat of one of the game's fiercest World Cup rivalries. They faced off in 1966, 86, 1998, and 2002. For NPR News, I'm Kevan Antonio Haidari in Miami.
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