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The president said more countries should be required to recognize Israel as part of a deal to end the war with Iran. Analysts say the chances of that happening are close to zero.
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Israel's air force struck a southern suburb of Beirut on Thursday afternoon, its military said, amid a broader escalation in southern Lebanon where Israeli troops have crossed the Litani River over the past days and warned residents to leave much of the area.
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Iran's Revolutionary Guards said it had targeted an American military base, without saying where, in retaliation for strikes in the country's south.
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The Personal Consumption Expenditures price index rose 3.8 percent in April from the same time last year.
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The hostilities come during a fragile ceasefire between the US and Iran, and protracted negotiations to end the three-month war.
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A major review examining the causes of rising youth unemployment says getting on the career ladder is now "out of reach" for many.
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