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Israeli Strikes Level Gaza City Towers Amid Mass Evacuations

  Smoke and flames rise after an Israeli military strike on a building in Gaza City, Friday, Sept. 12, 2025. Israeli forces have destroyed multiple high-rise buildings in Gaza City following evacuation warnings to residents, as the military intensifies its campaign to seize control of the area. The Israel Defense Forces (IDF) confirmed striking three towers on Sunday — including the Kawthar Tower, Mahna Tower, and a building on the Islamic University campus — which it said were being used by Hamas for surveillance and operational planning. The demolitions come days after the IDF ordered the entire population of Gaza City to evacuate ahead of a planned ground offensive. Israeli officials estimate that more than 300,000 Palestinians have fled so far, though hundreds of thousands remain. The United Nations and aid agencies warn that the displacement of such large numbers will worsen an already dire humanitarian crisis, with overcrowding and shortages reported in southern Gaza. Loca...
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Market Jitters: U.S. Stock Futures Slide Amid Trump’s Criticism of Fed Chair Powell

U.S. stock futures took a hit early Monday as investors reacted to President Donald Trump’s escalating criticism of Federal Reserve Chair Jerome Powell. The remarks, which included renewed calls for Powell’s removal, have raised concerns about the central bank’s independence and its ability to navigate monetary policy effectively.

Trump’s latest comments follow reports that his administration is exploring whether firing Powell is an option. The uncertainty surrounding the Fed’s leadership has added to market volatility, with Dow E-minis dropping 344 points (0.87%), S&P 500 E-minis falling 53.75 points (1.01%), and Nasdaq 100 E-minis declining 209.25 points (1.14%).

Investors are already grappling with broader economic concerns, including ongoing trade tensions and the potential for further interest rate cuts. The dollar weakened against major currencies, while safe-haven assets like gold saw gains. Meanwhile, major tech and growth stocks, including Tesla and Nvidia, also faced premarket declines.

With uncertainty looming over both trade policy and monetary decisions, market participants will be closely watching upcoming economic data and corporate earnings reports for further direction.

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