By LINDSAY WHITEHURST, Associated Press

WASHINGTON (AP) — The Supreme Court said Monday it will hear from a faith-based pregnancy center in New Jersey challenging a state investigation alleging it misled people into thinking its services included referrals for abortion.

The justices agreed to consider an appeal from First Choice Women’s Resource Centers, which wants to block a 2023 subpoena from New Jersey Attorney General Matthew Platkin seeking information about donors, advertisements and medical personnel. It has not yet been served.

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Attorneys for First Choice Women’s Resource Centers describe the organization as a “faith-based, pro-life pregnancy center.” The organization generally seek to women facing an unwanted pregnancy away from choosing an abortion.

The group challenged the subpoena in federal court, but a judge found that the case wasn’t yet far enough along to weigh in. An appeals court agreed.

First Choice Women’s Resource Centers appealed to the Supreme Court, saying the push for donor information had chilled its First Amendment rights.

“State attorneys general on both sides of the political aisle have been accused of misusing this authority to issue demands against their ideological and political opponents,” its lawyers wrote. “Even if these accusations turn out to be false, it is important that a federal forum exists for suits challenging those investigative demands.”.

Meanwhile, Platkin, a Democrat, has sought to enforce the subpoena in state court, but the judge there has so far refused the state’s push to require the group to turn over documents and told the two sides to negotiate instead.

The state asked the justices to pass on the case, saying the it doesn’t present the kind of significant lower-court controversy that requires the justices to step in.

“The decision below is correct and does not have the impacts petitioner alleges,” state attorneys wrote.

By STAN CHOE, Associated Press Business Writer

NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back some of their initial spurts following Israel’s attack on Iranian nuclear and military targets at the end of last week.

The S&P 500 was 0.7% higher in early trading and on track to reclaim more than half of its drop from Friday. The Dow Jones Industrial Average was up 280 points, or 0.7%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.9% higher. They joined a worldwide rise in stock prices, stretching from Asia to Europe.

Israel and Iran are continuing to attack each other, and a fear remains that a wider war could constrict the flow of Iran’s oil to its customers. But past conflicts in the region have seen crude prices spike only temporarily. They’ve receded after the fighting showed that it would not damage the flow of oil, either Iran’s or other countries’ through the narrow Strait of Hormuz off Iran’s coast.

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Hopes that the fighting could remain similarly contained this time around sent the price of a barrel of benchmark U.S. oil down 1.6% to $71.82 on Monday. Brent crude, the international standard, fell 1.7% to $72.97. Both had jumped roughly 7% on Friday after the initial attacks.

In another signal of calming worries, the price of gold also gave back some of Friday’s knee-jerk climb, when investors were looking for someplace safe to park their cash. An ounce of gold slipped 0.5% to $3,433.90.

Wall Street has plenty of other concerns in addition to the fighting in Iran and Israel. Key among them is President Donald Trump’s tariffs, which still threaten to slow the economy and raise inflation if trade deals aren’t made with other countries to reduce Trump’s taxes on imports.

The United States is meeting with six of the world’s largest economies in Canada for a Group of Seven meeting, with the specter of tariffs looming over the talks.

Later this week, the Federal Reserve is set to discuss whether to lower or raise interest rates, with the decision due on Wednesday.

The Federal Reserve has been hesitant to lower interest rates, and it’s been on hold this year after cutting at the end of last year, because it’s waiting to see how much Trump’s tariffs will hurt the economy and raise inflation. Inflation has remained relatively tame recently, and it’s near the Fed’s target of 2%.

While lower rates can goose the economy by encouraging businesses and households to borrow, they can also accelerate inflation.

In the bond market, the yield on the 10-year Treasury rose to 4.43% from 4.41% late Friday. The two-year Treasury yield, which more closely tracks expectations for what the Fed will do with its overnight interest rate, was holding steady at 3.96%, where it was late Friday.

In stock markets abroad, indexes rose modestly across Europe and jumped a bit more in much of Asia.

Stocks climbed 0.7% in Hong Kong and 0.3% in Shanghai after data showed stronger Chinese consumer spending for May but slower growth in factory activity and investment.

South Korea’s Kospi climbed 1.8%, and Japan’s Nikkei 225 rallied 1.3% for two of the world’s bigger gains.

AP Writer Jiang Junzhe contributed.

By BERNARD CONDON, Associated Press Business Writer

NEW YORK (AP) — The Trump family said it is licensing its name to a new mobile phone service, the latest in a string of ventures that have been announced while Donald Trump is in the White House despite ethical concerns that the U.S. president could mold public policy for personal gain.

Eric Trump, Don Hendrickson, Eric Thomas, Patrick O’Brien and Donald Trump Jr., left to right, participate in the announcement of Trump Mobile, in New York’s Trump Tower, Monday, June 16, 2025. (AP Photo/Richard Drew)

Eric Trump, one of President Donald Trump’s sons running The Trump Organization, said the new venture called, Trump Mobile, will sell phones that will be built in the U.S., and the phone service will maintain a call center in the country as well.

The announcement of the new mobile phone and service, called T1 Mobile, follows several real estate deals for towers and resorts in the Middle East, including a golf development in Qatar announced in April. A $1.5 billion partnership to build golf courses, hotels and real estate projects in Vietnam was approved last month, but the deal was in the works before Trump was elected.

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“Hard-working Americans deserve a wireless service that’s affordable, reflects their values, and delivers reliable quality they can count on,” said Eric Trump in a statement.

Trump criticized Apple last month because it planned to make most of its U.S. iPhones in India, and threatened to slap a 25% tariff on the devices unless the tech giant starts building the product in its home country.

The Trump family company said the new, gold-colored phone available in August, called T1 Phone, won’t be designed or made by Trump Mobile, but by another company. The Trump Organization did not respond immediately to a request for more details.

The service, which will cost $47.45 a month, is partnering with existing cellular carriers with access to a 5G network. The Trump service will offer free texts and calls, and unlimited data. It will also offer free roadside assistance and a telehealth service that will allow callers to get prescriptions.

By SCOTT BAUER, Associated Press

MADISON, Wis. (AP) — A Wisconsin dairy farmer alleged in a federal lawsuit filed Monday that the Trump administration is illegally denying financial assistance to white farmers by continuing programs that favor minorities.

The conservative Wisconsin Institute for Law and Liberty filed the lawsuit against the U.S. Department of Agriculture in federal court in Wisconsin on behalf of a white dairy farmer, Adam Faust.

A farmer harvests crops in Wisconsin on Monday, Dec. 4, 2017. (Eileen Meslar/Telegraph Herald via AP, File)

Faust was among several farmers who successfully sued the Biden administration in 2021 for race discrimination in the USDA’s Farmer Loan Forgiveness Plan.

The new lawsuit alleges the government has continued to implement diversity, equity and inclusion programs that were instituted under former President Joe Biden. The Wisconsin Institute wrote to the USDA in April warning of legal action, and six Republican Wisconsin congressmen called on the USDA to investigate and end the programs.

“The USDA should honor the President’s promise to the American people to end racial discrimination in the federal government,” Faust said in a written statement. “After being ignored by a federal agency that’s meant to support agriculture, I hope my lawsuit brings answers, accountability, and results from USDA.”

Trump administration spokesperson Anna Kelly did not immediately respond to an email Monday seeking comment.

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The lawsuit contends that Faust is one of 2 million white male American farmers who are subject to discriminatory race-based policies at the USDA.

The lawsuit names three USDA programs and policies it says put white men at a disadvantage and violate the Constitution’s guarantee of equal treatment by discriminating based on race and sex.

Faust participates in one program designed to offset the gap between milk prices and the cost of feed, but the lawsuit alleges he is charged a $100 administrative fee that minority and female farmers do not have to pay.

Faust also participates in a USDA program that guarantees 90% of the value of loans to white farmers, but 95% to women and racial minorities. That puts Faust at a disadvantage, the lawsuit alleges.

Faust has also begun work on a new manure storage system that could qualify for reimbursement under a USDA environmental conservation program, but 75% of his costs are eligible while 90% of the costs of minority farmers qualify, the lawsuit contends.

A federal court judge ruled in a similar 2021 case that granting loan forgiveness only to “socially disadvantaged farmers” amounts to unconstitutional race discrimination. The Biden administration suspended the program and Congress repealed it in 2022.

The Wisconsin Institute has filed dozens of such lawsuits in 25 states attacking DEI programs in government. In its April letter to the USDA, the law firm that has a long history of representing Republicans said it didn’t want to sue “but there is no excuse for this continued discrimination.”

Trump has been aggressive in trying to end the government’s DEI efforts to fulfill a campaign promise and bring about a profound cultural shift across the U.S. from promoting diversity to an exclusive focus on merit.