U.S.-Iran strikes, Wall Street fears, Paramount lawsuit and Cape Verde

U.S. forces strike Iranian radar sites after Iran fired drones toward the Strait of Hormuz. Wall Street falls sharply after a hot jobs report stokes fears of a Fed rate hike. California and New York prepare a lawsuit to block Paramount Skydance's takeover of Warner Bros. Plus, Cape Verde gets ready for its World Cup debut. Listen to the Morning Bid podcast ⁠⁠⁠here⁠⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠⁠here⁠⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠⁠here⁠⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices