

President Donald Trump is poised to make a "final determination" on an Iran deal, having publicly outlined several stringent conditions for its approval. These demands include Iran's commitment to never possess a nuclear weapon, the immediate and toll-free opening of the Strait of Hormuz for unrestricted shipping, and the lifting of the retaliatory U.S. naval blockade. Trump also mandated that enriched material from last year's attacks on Iran's nuclear facilities be unearthed and destroyed by the U.S. in conjunction with Iran and the IAEA. He emphasized that no money would be exchanged until further notice, with other, less significant points already agreed upon, ahead of a critical meeting in the Situation Room.
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CNBCThis article, presented as a live blog, covers multiple significant developments across the Middle East. President Trump announced the U.S. would lift its naval blockade on Iranian ports as part of potential deal conditions, while Iran's top negotiator, Mohammad Bagher Ghalibaf, expressed deep distrust in U.S. promises. Concurrently, Israeli Prime Minister Netanyahu stated Israeli forces had crossed the Litani River into Lebanon, intensifying operations against Hezbollah despite an existing ceasefire. The article also notes Israel's strong reaction to a UN blacklisting for sexual violence and its intention to expand control in Gaza, alongside reports of an Israeli-Lebanese military meeting in the U.S. and a denied claim of a U.S. aircraft downed in Iran.
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Deutsche WelleShrey Parikh, a 14-year-old eighth-grader from California, won the 98th annual Scripps National Spelling Bee after a spell-off against 12-year-old Ishaan Gupta. Shrey correctly spelled 32 words to Ishaan's 25, with "bromocriptine" securing his victory. He will receive a $52,500 cash prize, along with other awards. This marks a triumphant return for Shrey, who finished third in 2024 but lost his school bee last year due to illness, and has since dominated online competitions. The bee, which featured 247 spellers globally, returned to Constitution Hall in Washington D.C. this year.
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CBS NewsThree people, including a child, tragically died after falling from a high-rise apartment block in south London, prompting a police investigation. Emergency services, including London Ambulance Service and Air Ambulance, responded to Churchyard Row in Elephant and Castle, where a man, woman, and child were pronounced dead. Authorities are currently treating the deaths as unexpected, with no other injuries reported. Formal identification of the deceased is in progress, and their families are receiving support from specialist officers. The building's management has assured residents of the property's safety, emphasizing no risk to others.
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BBCA federal judge in Virginia has issued a temporary injunction, blocking the Department of Justice from establishing or disbursing funds from its $1.8 billion 'Anti-Weaponization Fund.' This action comes as a lawsuit challenging the fund proceeds, brought by Andrew Floyd, a former federal prosecutor who handled Jan. 6 cases. Acting Attorney General Todd Blanche created the fund as part of a settlement with Donald Trump, intending to compensate alleged victims of prosecutorial overreach. Critics, including Senate Minority Leader Chuck Schumer, have labeled it a "slush fund" for Trump allies, raising significant controversy.
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CNBCTwo men, Muhammad Amaad and Mohammed Fahir Amaaz, will not face a second retrial for allegedly assaulting a police officer during a widely publicized brawl at Manchester Airport. The Crown Prosecution Service decided against further proceedings after two juries previously failed to reach verdicts. Amaaz was already convicted of assaulting two female officers and a Starbucks customer in the same incident and awaits sentencing. The case, which garnered significant public interest and social media attention due to leaked footage, also involves an ongoing investigation by the Independent Office for Police Conduct into the officers' use of force.
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BBCSEC Commissioner Greg Sankey staunchly maintains the Southeastern Conference is the "strongest league" in college football, despite the Big Ten securing three consecutive national championships. Sankey referenced College Football Playoff metrics and the SEC's perceived "breadth and depth" as evidence, dismissing recent on-field setbacks as mere "oddball" occurrences. This assertion follows a period where the SEC had a poor bowl record and failed to reach the championship game for three years, including a blowout loss for Alabama in the Rose Bowl. Critics contend the league often inflates the standing of teams based on historical brand names rather than current performance, leading to disagreements with selection committees.
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Fox NewsBlue Origin's New Glenn rocket exploded on the launchpad during a hot-fire test at Cape Canaveral, Florida, marking a significant setback for Jeff Bezos's space company. Despite the incident, Bezos confirmed all personnel were safe, emphasizing the company's commitment to rebuilding and continuing its work on reusable rockets. The Brevard County Emergency Management office described it as an "anomaly" posing no public threat, while the FAA stated it was outside their licensed activities. NASA Administrator Jared Isaacman acknowledged the difficulty of spaceflight and pledged support for an investigation, noting Blue Origin's role in the Artemis program and a recent Moon Base contract.
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CNBCDell Technologies shares surged 32%, marking its best day ever, after the company reported unprecedented revenue growth driven by soaring demand for its AI servers. First-quarter revenue increased by nearly 88% year-over-year, with AI server revenue specifically skyrocketing by 757% to $16.1 billion, significantly beating analyst expectations. This financial success is partly attributed to Chairman and CEO Michael Dell's strong ties with President Donald Trump, who recently purchased Dell shares and publicly endorsed the company. Dell also secured a $9.7 billion Pentagon contract for software, further boosting its market position. (not investment advice)
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CNBCFormer Attorney General Pam Bondi defended the Department of Justice's handling and release of Jeffrey Epstein files before a House panel, asserting that all documents were publicly released as mandated by the Epstein Files Transparency Act. She conceded "redaction errors" in the release, explaining she delegated oversight of the process to Deputy Attorney General Todd Blanche. Democrats on the committee criticized the decision not to videotape her testimony, alleging a "White House cover-up" and demanding greater transparency for survivors and the public. Bondi, who was previously dismissed by President Trump due to dissatisfaction with her management of Epstein-related issues, expressed pride in the Department's record on transparency.
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CNBCA catastrophic bus accident on Interstate 95 in Stafford County, Virginia, has claimed five lives and left dozens injured after a bus crashed into six vehicles near a work zone. The incident, which occurred in the early morning, is believed to have happened because the bus "failed to slow for traffic" as it approached the construction area. All fatalities were reported from the vehicles struck by the bus, while 34 individuals received hospital treatment, with three remaining in critical condition. Virginia State Police are continuing their investigation, indicating that charges are pending as they piece together the full details of this tragic event.
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CBS NewsRicardo Hernandez-Navarrete, an 18-year-old Colombian soccer player, was unexpectedly released from ICE custody and was able to attend his high school graduation in Chicago. He had spent over two months detained after being arrested with his mother during a routine immigration appointment. Despite his release, Ricardo and his mother still face potential deportation, as the Department of Homeland Security states they entered the U.S. illegally in 2022. Ricardo, who is committed to playing college soccer, is appealing to officials, emphasizing his clean record and academic pursuits as reasons to be allowed to stay.
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CBS NewsSentinelOne's shares dropped 12% following the cybersecurity company's announcement of an 8% workforce reduction, aimed at reallocating resources towards artificial intelligence and data investments. CEO Tomer Weingarten described the layoffs as a "deliberate evolution" to enhance agility and productivity, citing initial gains from increased AI integration. The company expects a $25 million charge related to these cuts. This move reflects a broader trend in the tech industry where companies are optimizing workforces and shifting investments to adapt to rapid AI innovation, despite SentinelOne also providing a lackluster financial outlook for the current quarter and full year. (not investment advice)
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CNBCResidents of New York City, particularly on the Upper East Side, are growing increasingly irritated by the rapid expansion of exclusive London private members' clubs into their neighborhoods. Several high-profile British clubs, including Maxime's, The Twenty Two, and Annabel's, have opened or plan to open New York outposts, sparking local opposition. Community boards have voted against liquor license requests, citing concerns about noise, privacy, and the residential character of the area. This trend reflects a broader "British culture" vogue in NYC and is partly driven by challenging economic conditions for hospitality operators in London, prompting them to seek opportunities abroad.
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The GuardianThe article delves into the concept of "vanity projects," particularly in the context of political architecture, often resurfacing with proposals like President Trump's for Washington D.C. Experts define political vanity projects by their intent to fulfill a leader's ego rather than public service, often characterized by scale for its own sake. Historically, rulers from Louis XIV to 20th-century totalitarian regimes used monumental architecture to project authority. Modern leaders also instrumentalize architecture to shape identity and legacy, sometimes through entire urban visions. The piece warns that democracies are increasingly adopting tactics associated with authoritarian playbooks, bypassing due process for high-budget projects.
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Deutsche WelleRising fuel prices and fare surges in Lagos, Nigeria, are transforming ride-hailing services from a convenience to a potential luxury for many residents. Following the removal of petrol subsidies in 2023, transportation and living costs have significantly increased. While some residents still rely heavily on ride-hailing, often switching between apps for better prices, others are reducing their usage or reverting to public "danfo" minibuses. Drivers report a sharp shift in the economics of their job, with demand concentrated during peak hours and riders increasingly negotiating fares outside the apps, highlighting the economic pressures on both consumers and service providers.
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Deutsche WelleAt 26, Kai Havertz has established himself as a player for crucial moments, renowned for his game-winning goals, including a Champions League final strike for Chelsea and a League Cup semifinal winner for Arsenal. Despite missing significant time due to injuries, the German forward has consistently delivered under pressure, recently helping secure Arsenal's Premier League title. His return to form and decisive contributions have raised hopes for Germany's performance in the upcoming World Cup. Havertz's career trajectory, from a young talent at Leverkusen to a pivotal figure for top clubs, positions him as one of the most successful German footballers, with a chance to further cement his legacy in the Champions League final.
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Deutsche WelleIn Newry Crown Court, Sir Jeffrey Donaldson's lawyer claimed a letter written by the former DUP leader to a woman accusing him of sexual assault was unrelated to her allegations. Complainant A interpreted the June 2020 letter, which expressed "regret" for "hurt, pain and distress," as an apology for the abuse. However, the defense argued it pertained to other "behaviour" and accused Complainant A of not providing proper context to the police. Complainant A rejected the defense's claims that the incidents never happened and maintained that Lady Eleanor Donaldson witnessed one alleged incident without intervening.
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BBCFederal student loan borrowers will gain access to two new repayment options starting July 1: the Repayment Assistance Plan (RAP) and the Tiered Standard Plan. RAP is an income-driven repayment plan with a $10 minimum monthly payment, $50 dependent credit, and forgiveness after 30 years, offering some principal reduction for those keeping up with payments. The Tiered Standard Plan offers fixed payments over 10 to 25 years, depending on debt amount. Existing IDR plans like IBR remain, while ICR and PAYE will no longer lead to forgiveness after a period. Borrowers are advised to compare options based on income, debt, and forgiveness goals. (not investment advice)
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CNBCA Kenyan High Court judge has temporarily blocked the Trump administration's plan to establish an Ebola quarantine facility on a Kenyan air base. The non-profit Katiba Institute filed the restraining order, citing a lack of transparency, public participation, and "constitutional recklessness" with grave public health implications. The proposed 50-bed facility, intended for asymptomatic U.S. citizens exposed to Ebola in Congo, was meant to be operational immediately. The U.S. State Department has since pledged $13.5 million to Kenya for Ebola defense, as a separate constitutional petition against the center is also underway.
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CBS NewsSpaceX investors are facing new concerns after Elon Musk's comments on X appeared to contradict details in the company's initial public offering filing regarding a significant deal with AI startup Anthropic. The IPO prospectus stated Anthropic would pay SpaceX $1.25 billion monthly through May 2029 for compute capacity, with a 90-day termination clause. However, Musk later described it as a "180 day lease with 90 day notice mutual cancellation thereafter," creating ambiguity about a potentially material revenue stream. This discrepancy adds to existing investor skepticism about the valuation and financial disclosures of the largest anticipated IPO on record. (not investment advice)
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CNBCKenneth Law, a Canadian man, has pleaded guilty in an Ontario court to aiding suicides by selling a toxic chemical online, following a deal that withdrew more serious murder charges. Authorities allege Law distributed approximately 1,200 packages of poison to individuals in 41 countries, including 73 deaths linked in the UK. Families of British victims have expressed anger over the decision by UK prosecutors not to charge Law, citing legal complexities. This case has prompted calls for a public inquiry in the UK to address the issue across government departments, highlighting the global impact of online sales of lethal substances.
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BBCDecades after the unsolved Austin yogurt shop murders, a theory suggests two never-identified customers seen in the shop just before closing might be crucial to solving the case. Former lead investigator John Jones and defense attorney Amber Farrelly highlight that multiple witnesses described two "out of place" men who only bought a drink and were seen whispering. Despite extensive efforts, these men were never identified, raising suspicion. This theory resurfaces as the case has seen prior arrests and convictions overturned, and DNA evidence from the scene did not match the initial suspects, leading to their exoneration and a recent settlement for the wrongfully accused.
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CBS NewsFour men wrongfully accused in the 1991 Austin yogurt shop murders have been formally declared innocent by a Texas judge, marking a pivotal moment in the decades-long unsolved case. This declaration, crucial for the men to seek financial compensation, follows the identification of Robert Eugene Brashers, a serial killer who died in 1999, as the actual perpetrator through new DNA evidence. Two of the exonerated men, Michael Scott and Forrest Welborn, were present for the ruling, which aims to close a dark chapter for them and the shaken city. The City of Austin has agreed to pay a $35 million settlement to be split among the men.
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CBS NewsOne gold miner has been safely rescued from a flooded cave in Laos after being trapped for over a week by monsoon rains. The rescue organization announced the successful extraction of an unnamed individual, while five of the original seven artisanal miners have been located, with two still missing. Conditions inside the cave are extremely hazardous, making rescue efforts complex and dangerous. Despite previous attempts to pump out water failing, the rescue team is now considering the risky option of teaching the trapped miners to scuba dive, underscoring the severe challenges and ticking clock posed by the monsoon season.
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CBS NewsEight students were safely rescued without injury after being stranded for nearly four hours at the apex of the Iron Shark rollercoaster at Pleasure Pier in Galveston, Texas. The ride experienced a malfunction during its initial ascent, causing it to stop at the top of a steep drop, leaving the students suspended high above the Gulf of Mexico under the hot sun. Firefighters employed a large rescue ladder and harnesses to meticulously bring each individual down to safety. Officials confirmed the students were unharmed, though shaken, and the amusement park stated that the ride's emergency stop system functioned as intended, with a comprehensive inspection planned before it reopens.
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The GuardianThe article examines the current interest-earning potential of a $70,000 Certificate of Deposit (CD) account, noting that high fixed interest rates, some reaching 6-7% previously, make them attractive amidst current economic conditions. It provides specific projections, showing that a $70,000 CD could earn between $672.74 over three months and $5,945.14 over two years, depending on the term and rate. Savers are cautioned about early withdrawal penalties, which can be substantial for such a large sum. The article also advises moving funds from low-yield traditional savings accounts to CDs or high-yield alternatives to combat inflation and maximize returns. (not investment advice)
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CBS NewsWedbush Securities analyst Dan Ives predicts that Anthropic's near-$1 trillion valuation, following a successful funding round, is merely the beginning of a massive AI market rally. Ives asserts that the U.S. is currently leading China in technology for the first time in three decades, urging investors to focus on data layer companies like Snowflake and Datadog. He forecasts the Nasdaq could reach 30,000 points by 2027, anticipating a "historic" period driven by upcoming mega-IPOs from companies like SpaceX, Anthropic, and OpenAI. Despite some analysts drawing parallels to the dot-com bubble, Ives maintains the market resembles 1997, not 1999, in terms of bubble risk. (not investment advice)
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CNBCFederal Reserve Governor Michelle Bowman has advised against raising interest rates in response to the current inflation spike, particularly when driven by energy prices. Despite inflation running above the central bank's 2% target, Bowman argued that aggressive policy adjustments to temporary energy shocks are often ineffective and could unnecessarily restrain economic activity and labor markets. Her remarks follow a Commerce Department report showing the personal consumption expenditures price index rose 3.8% in April. Bowman supported maintaining the central bank's statement indicating that the next rate move could be a cut, while acknowledging that a prolonged conflict with Iran could shift her approach. (not investment advice)
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CNBCSamsung Electronics' shares surged by over 6% after the company announced it had begun shipping samples of its advanced 12-layer HBM4E high-bandwidth memory chips to global customers. Described as an industry first, these chips offer speeds up to 16 Gigabits-per-second with improved energy efficiency, crucial for advanced artificial intelligence systems and accelerators like Nvidia's Rubin. The 48-gigabyte capacity HBM4E chip represents a significant increase over previous generations, with plans for further expansion of the lineup. This move aims to strengthen Samsung's position in the competitive AI memory market, narrowing the gap with rivals like SK Hynix. (not investment advice)
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CNBCA Russian drone crashed onto the roof of a 10-story apartment building in Galati, southeastern Romania, injuring two people and sparking international condemnation. Romania's Defense Ministry confirmed the drone entered Romanian airspace during renewed Russian attacks on Ukrainian targets near the border. This incident marks the latest reported violation of NATO member airspace by Russian drones. The Romanian Foreign Ministry called it a "grave and irresponsible escalation," prompting calls for accelerated anti-drone capabilities and strong solidarity from EU and NATO leaders, who vowed to defend alliance territory. Russia, however, has denied any involvement and dismissed the accusations as unsubstantiated.
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Deutsche WelleThe upcoming Call of Duty: Modern Warfare 4 game has generated discussion due to its campaign setting, which depicts a fictional renewed conflict on the Korean Peninsula. While some experts, like Dr. Sarah Son, consider the move potentially "controversial" for turning an unresolved war into entertainment, many Koreans have reacted positively to their country's inclusion in a major gaming franchise. The trailer, viewed millions of times, focuses on South Korean conscripts facing a North Korean missile attack. Developer Infinity Ward aims for military authenticity, with players also experiencing missions as Captain Price in other cities. The game will launch on current-generation consoles, PC, and Nintendo Switch 2.
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BBCNvidia has committed at least $6.5 billion to companies developing photonics technology, aiming to overcome significant energy consumption bottlenecks in the rapidly expanding artificial intelligence industry. Photonics, which uses light for data transmission, offers a more efficient alternative to traditional electrical data transfer. Nvidia's investments include Lumentum, Coherent, Marvell, Corning, and Ayar Labs, underscoring its strategy to scale AI infrastructure without incurring prohibitive energy costs. CEO Jensen Huang highlighted the need for substantially greater silicon photonics capacity than currently available. While the technology is sound, challenges remain in achieving large-scale production, with widespread adoption expected from 2028 onwards. (not investment advice)
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CNBCA Los Angeles man, Ruben Fregosojuarez, faces charges of murder and misdemeanor child abuse after allegedly killing his girlfriend and abducting their 5-year-old daughter before escaping to Mexico. The Los Angeles Police Department initiated a welfare check, discovering the woman deceased from violence and her child, Daleza, missing. An Amber Alert was subsequently issued, and images reportedly show Fregosojuarez with the girl in San Ysidro. Although the suspect's vehicle has been recovered, both the man and the child are still missing. Authorities are actively continuing their search for the pair, with the girl described as 3 feet tall and 45 pounds.
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LA TimesEngland cricket head coach Brendon McCullum acknowledges the "backlash" following the team's dismal 4-1 Ashes defeat in Australia, accepting responsibility for overestimating his squad's readiness for intense pressure. Despite widespread criticism of their "Bazball" approach and off-field conduct, McCullum retains his position and will lead England against New Zealand. He emphasizes the need for the team to learn from their mistakes, rebuild trust with supporters by winning key moments, and refine their aggressive style. Adjustments include additional coaching staff, a midnight curfew, and a full-time chef, as England aims to reclaim the Ashes in 2027.
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BBCAn inquest has opened into the tragic deaths of three sisters, Jane Adetoro (36), Christina Walters (32), and Rebecca Walters (31), who died in the sea off Brighton beach on May 13. The senior coroner expressed condolences to their father and hoped the inquest would "stop social media speculation" surrounding their deaths. Sussex Police confirmed no third-party involvement, with medical investigations ongoing to determine the cause of death. The RNLI recovered two bodies, while the third washed ashore. A fundraiser for the family has raised over £44,000, as authorities continue to investigate the circumstances leading to this profound loss.
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BBCSouth Korea has announced ambitious plans to develop nuclear-powered attack submarines, with the first vessel expected by the mid-2030s, significantly bolstering its naval capabilities. This initiative, known as the Jangbogo-N Project, aims to counter North Korea's advancing submarine technology and enhance monitoring. The United States has endorsed Seoul's pursuit of these conventionally armed submarines, pledging assistance for their construction, despite earlier reports of U.S. President Trump suggesting they would be built in Philadelphia. Analysts view this development as an escalation in an ongoing undersea arms race in Northeast Asia, also involving China and Japan, driven by regional security concerns and the expansion of South Korea's nuclear industry.
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