World
President Trump threatened additional military strikes against Iran on Wednesday, saying Tehran has taken too long to negotiate a deal and will now 'have to pay the price.' The warning came as Iran launched attacks on US bases in Jordan and the Gulf, and after Trump ordered strikes near the Strait of Hormuz. The escalating conflict, now in its fourth month, has driven gasoline prices up 40.5% year-over-year and pushed US consumer inflation above 4%. Meanwhile, a 7.8 magnitude earthquake in the Philippines killed at least 35 people and collapsed buildings, while the Iran war's economic shockwaves threaten farms as far away as England.
AP News, Reuters
Politics
President Donald Trump signed a nearly $70 billion immigration enforcement package into law, giving his administration's deportation and border security agenda a massive funding boost. The Senate approved the funding for Trump's immigration agencies in a bipartisan vote. Separately, Trump-backed candidate Steve Hilton advanced in the California governor's race, and the House panel is seeking testimony from Alan Dershowitz regarding Jeffrey Epstein. The White House also named Brian Johnson to head the consumer watchdog agency.
AP News, Reuters, Punchbowl News
Business
US consumer inflation hit 4.2% in May, the fastest pace in three years, driven by a 23.5% surge in energy prices from the Iran war. The Consumer Price Index rose 0.5% month-over-month, with gasoline prices jumping 40.5% year-over-year. Real average hourly earnings fell 0.7%, squeezing household budgets. Amazon secured a $17.5 billion loan facility to fund AI infrastructure spending, while traders kept bets on a Fed rate hike by October. The Bank of Canada held rates steady, noting few signs of broad-based energy price spillover.
Reuters, TechCrunch
Technology
Google cut the price of its AI Plus subscription from $7.99 to $4.99 per month while doubling included storage to 400GB, firing a warning shot in the AI subscription price war. The move brings emerging-market pricing strategies to US consumers for the first time. Anthropic released Claude Fable 5, a public version of its Mythos model, and urged the US to require safety tests for advanced AI. OpenAI filed confidentially for an IPO. Apple's WWDC 2026 unveiled Siri AI with Google integration. Amazon borrowed $17.5B for AI spending.
TechCrunch, Reuters
Science
An AI model solved an 80-year-old geometry conjecture posed by Hungarian mathematician Paul Erdős, marking what researchers call AI's biggest math breakthrough yet. The problem, which stumped human mathematicians for decades, was solved via a straightforward query to an AI chatbot. The solution found a more complex way to arrange pairs of points than mathematicians had ever conceived. The breakthrough has reignited debates about AI's role in mathematical discovery and led to calls for 'guardrails' on AI use in research, with the Leiden Declaration urging caution.
Science News, Scientific American, WSJ
Sports
The New York Knicks return home for Game 3 of the NBA Finals against the San Antonio Spurs with the series tied 1-1. After the Spurs stole Game 3 on their home court 115-111, the Knicks' 13-game playoff winning streak ended due to turnovers. Meanwhile, Alexander Zverev won his first Grand Slam title at the French Open, Denmark's Christian Eriksen collapsed again during a match, and the 2026 FIFA World Cup kicked off with Iran's team arriving in Tijuana amid high US tensions.
Reuters, ESPN, AP News
Health
The FDA issued a safety alert on Wednesday requiring all orlistat products — including over-the-counter Alli and prescription Xenical — to carry new warnings about kidney stones and acute kidney injury. The label change follows a review of 12 cases of kidney complications linked to the drug, with patients averaging 61 years old and a median exposure of 2.5 months before injury. Eight patients required hospitalization and five needed dialysis. Separately, studies linked GLP-1 drugs to lower cancer risk and found glucosamine tied to faster Alzheimer's progression.
MedPage Today, FDA
Environment
Arctic sea ice reached its lowest winter maximum ever recorded in 2026, with the annual peak hitting just 13.76 million square kilometers on March 13, according to the US National Snow and Ice Data Center. The record low comes amid unprecedented global heat, with scientists racing to understand the implications for weather patterns, wildlife, and coastal communities. Meanwhile, the EPA eased limits on coal plant mercury emissions, and a California community faces glacial lake outburst flood threats for the third consecutive year.
NBC News, Reuters, Alaska Climate Research Center