Trump’s Megabill on Course for Final House Vote
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The U.S. House of Representatives is heading toward a final vote in the coming hours to pass President Trump's tax and spending bill. That's after party leaders worked through the night to change the minds of a handful of rank-and-file Republicans, allowing the bill to clear a procedural vote. House Speaker Mike Johnson predicted a final vote by about 8 a.m. Eastern, potentially teeing up the legislation to be signed by the president before his self-imposed July 4th deadline.

Well, Trump voters now see the president as more responsible for the state of the economy than former President Joe Biden, putting them on the same page as people who voted for Kamala Harris in November. That's according to YouGov survey data gathered for the journal late last month. However, voters' opinion on the president's handling of jobs in the economy remains divided along partisan lines, with some 84 percent of Trump voters approving versus almost 9 in 10 Harris voters disapproving.

And the Pentagon says that U.S. strikes on Iran set back the country's nuclear ambitions by up to two years. That assessment by intelligence officials falls somewhere between President Trump's claim that the attack obliterated Iran's nuclear program and the more cautious view by the U.N.'s atomic agency that Iran could resume enriching uranium in a matter of months.

Asian markets have end-of-the-day mixed, European shares are inching higher in midday trading, and U.S. stock futures are muted ahead of an all-important June jobs report due out at 8.30 a.m. Eastern. And remember, today's trading session will be a short one, ending at 1 p.m. ahead of tomorrow's Independence Day holiday.

And we have got a lot more coverage of the day's news on the WSJ's What's News podcast. Add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.