Straight from CNBC…
- "We're living in a world where it's almost impossible for smaller entrants to come in and build healthier spaces," Bluesky's COO, Rose Wang, told CNBC.
- Oil prices would spike if Iran's Houthi allies started attacking ships passing through the Bab el-Mandeb Strait.
- The move highlights the growing importance of the technology sector to the stock market.
- The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
- President Trump's comments are sure to roil members of Congress who criticized the appointment of Bill Pulte as acting national intelligence director.
- OpenAI CEO Sam Altman first shared the idea with the Trump administration in 2025, according to a source.
- What the first of several trillion-dollar companies going public will mean for a stock market that's already at all-time highs.
- Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.
- The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.
- The artificial intelligence-driven rally is different from previous market bubbles, according to Siegel, who likened it to the Industrial Revolution.
- From two free checked bags to new rideshare credits, Delta SkyMiles cards now offer hundreds of dollars in added value each year — for the same annual fees.
- Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
- Mythos gave the cybersecurity sector a boost, but upbeat earnings weren't enough for investors in search of an AI payoff.
- All three major averages closed out a losing week.
- Meta shares dropped after the Financial Times reported the company could potentially raise tens of billions of dollars in a stock offering to help its AI push.
- Alphabet expects capex to reach up to $190 billion this year, double last year's spending, and the company is turning to investors to help fund its expansion.
- Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
- Companies are shifting from running everything on the most powerful AI model to matching each task to the right one, a practice called model routing.
From NPR…
- The red-hot Knicks are going home, two wins away from an NBA championship that the capital of the world has been waiting to see for generations.
- The exchange of strikes comes as the Trump administration ramps up pressure on Iran to make a deal to end the conflict.
- Former Health and Human Services Secretary Xavier Becerra has clinched the top spot on California's ballot for governor. With millions of ballots still to be counted, his November challenger is unknown.
- The Lincoln Memorial Reflecting Pool is refilling after President Trump had it painted "American flag blue." Some visitors say the results of the project — which reportedly cost millions — are subtle.
- New modeling from the CDC shows that if measures aren't taken immediately, this outbreak could sicken more than 20,000 people in the next three months.
- Graham Platner is denying accusations of being physically rough with former girlfriends saying that report in The New York Times and other controversies are a sign his campaign is gaining momentum.
- The announcement was made by both countries Friday a day after North Korea unveiled a new facility to produce nuclear fuel.
- A new twice-yearly HIV prevention injection could transform South Africa's fight against the epidemic — but U.S. aid cuts and limited doses threaten to slow its impact.
- U.S. employers added jobs for the third month in a row in May, while the unemployment rate held steady at 4.3%. But wage gains softened and likely failed to keep pace with rising prices.
- A link to the highway that cuts travel times from hours to just minutes, and a symbol of a flow of investment that has provided unprecedented access to high-speed internet in this remote region.
From The NY Times…
- The latest violence between the United States and Iran threatened a cease-fire and risked further stoking tensions in the region.
- Stephen Buyer, a former Republican representative from Indiana, was convicted of trading stock related to two deals before they were made public.
- Robin Pendery, 33, who was part of a climbing patrol, was near a camp at about 14,000 feet on the mountain in Alaska when she fell, the National Park Service said.
- President Trump was in Wisconsin to reassure farmers who have been stung by his tariff policies and rising fuel prices from the war in Iran.
- The presumptive Democratic Senate nominee in Maine said the state would have his back in the face of accusations he has denied.
- Mr. Becerra was long dismissed in the contest until the abrupt departure of Eric Swalwell created a surprise path for an experienced Democrat.
- The president suggested that employees who worked for previous Democratic presidents were among those who should be fired.
- The infections are the first detected in the United States since the 1960s. Officials are aggressively trying to prevent the parasite from spreading in the nation’s largest cattle-producing state.
- It is the administration’s latest effort to force out law enforcement personnel it accuses of “weaponizing” the government against President Trump and his supporters.
- The 81-year-old had parts in films including “Top Gun: Maverick” and “Arachnophobia.” The son of his girlfriend was arrested and charged with murder.
- The Federal Aviation Administration advised that if the Trump administration adds red obstruction lights to the arch design, it is likely to pose no risk to local aviation.
- Still, the risk to people in the United States remains low, the Centers for Disease Control and Prevention said in a report Friday.
- It was the department’s clearest statement to date that it was pulling back from a plan to use taxpayer money to make payments to people who claimed to have been politically persecuted.
- New revelations about Graham Platner have left Democrats anxious.
- The new policy, which the Pentagon framed as a largely administrative action, leaves just 31 religious categories to choose from, 22 of which are Christian.
- The party’s politicians, officials and strategists wrestled with how to respond to new reporting about Graham Platner, with worries rising about his vulnerabilities in a general election.
- A judge asked what speedy legal recourse people might have if the government decided to bulldoze the Statue of Liberty. A government lawyer said he thought there was none.
- Brendan Banfield was found guilty of murdering his wife and another man, who was lured in through a fetish website. The plan involved his lover, who is now serving 10 years in prison.