World
President Donald Trump signed a tentative agreement with Iran to end months of war, reopening the Strait of Hormuz and sending oil prices to three-month lows. The deal includes diluting Iran's uranium stockpile, lifting the US naval blockade, and ensuring toll-free passage through the strategic waterway. A signing ceremony is set for Friday in Switzerland. Iran's supreme leader endorsed the deal, calling it a move made 'out of desperation' by the US. Global markets soared on the announcement, though analysts question whether oil prices will stay low given supply uncertainties.
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Politics
Georgia Republicans delivered a split decision in Tuesday's runoff elections, backing Trump's preferred Senate candidate Mike Collins but rejecting his choice for governor, Burt Jones, in favor of billionaire Rick Jackson. Jackson spent more than $100 million, largely from his own pocket, to defeat the Trump-endorsed candidate. The results highlight the limits of Trump's endorsement power in a state that has become a key battleground ahead of the 2026 midterms. Collins will now face Democratic Senator Jon Ossoff in November.
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Business
The Federal Reserve held interest rates steady under new Chair Kevin Warsh, signaling that higher rates may be ahead despite the cooling effect of the US-Iran deal on oil prices. Warsh promised a new vision for the Fed while his colleagues eyed a potential rate hike. Gas prices fell below $4 on average after the Iran deal, but small businesses report relentless pressure from tariffs and higher energy costs. Fox announced a $22 billion acquisition of streaming giant Roku, making it the third-largest player in US television.
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Technology
SpaceX acquired AI coding startup Cursor for $60 billion in stock, just days after its record-breaking IPO valued the company at $1.77 trillion. The acquisition marks one of the largest AI deals in history and signals SpaceX's push beyond aerospace into artificial intelligence. Meanwhile, Google's Gemini co-lead Noam Shazeer is leaving to join IPO-bound OpenAI, and Anthropic suspended access to its Mythos model after the US government banned foreign nationals from using it.
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Science
An artificial intelligence system has solved a longstanding mathematics problem tied to the legendary Hungarian mathematician Paul Erdos, sparking fresh debate about the need for guardrails in AI research. The achievement marks a milestone in AI's ability to tackle abstract mathematical reasoning that has stumped humans for decades. Science experts are now calling for new frameworks to oversee AI-driven discoveries, as concerns grow about the pace of AI advancement outpacing oversight. The breakthrough was reported by Science News.
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Sports
The 2026 FIFA World Cup is in full swing with Argentina rolling past Algeria 3-0 in Group J, while Ronaldo and Messi kicked off their tournament campaigns in what could be their final World Cup appearances. Serena and Venus Williams announced they will play doubles together at Wimbledon. The Knicks' Game 5 victory in the NBA Finals set a ratings record dating back to the 1990s, while Iran's World Cup team found itself at the center of political controversy.
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Health
A copper-based compound has restored the brain's ability to clear toxic Alzheimer's proteins, dramatically reducing amyloid buildup and improving memory in laboratory experiments, pointing to a potentially fast-tracked new treatment. Separately, GLP-1 drugs like Ozempic and Wegovy were linked to a 30% lower breast cancer risk, while semaglutide showed stronger protection against bone fractures. An AI-designed universal coronavirus vaccine passed its first human trial, generating immune responses against multiple variants.
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Environment
El Nino has officially arrived and forecasters say this one could be a strong event, threatening global crop production and boosting temperatures worldwide. Australia declared the El Nino pattern the strongest in decades. Meanwhile, Tropical Storm Arthur formed near the Texas coast, bringing life-threatening flooding to the Gulf region. Separately, scientists identified 64,000 square miles of coral reef capable of surviving climate change, and UNICEF reported that almost all of the world's children are now exposed to at least one climate hazard.
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