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Elon Musk Becomes The World's First Trillionaire
Elon Musk has become the world's first trillionaire on paper after SpaceX completed a record $75 billion IPO, valuing the company at roughly $1.77 trillion.
Trump cancels Iran strikes, says a deal is at the signing stage
President Trump called off planned strikes on Iran after claiming a peace deal has been approved at the highest levels of Iranian leadership. Markets rallied on the news, with stocks rising, oil falling, and crypto turning broadly green.
US CPI Surges to 4.2% in May as Inflation Reaches Three-Year High
US consumer price inflation climbed to 4.2% in May 2026, the highest reading since April 2023 and more than double the Federal Reserve's 2% target, as energy costs and broader price pressures continue to weigh on the domestic economy.
$7T Japanese Banking Giants Unite For Stablecoin Push
Japan's three largest banks, Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho, are joining forces to issue a fiat-backed stablecoin by March 2027, with Japan's Financial Services Agency backing the initiative.
U.S. Apache Helicopter Goes Down Near Hormuz
A U.S. Army AH-64 Apache helicopter went down near the Strait of Hormuz on Monday. Both crew members were rescued safely. The cause remains under investigation.
Putin names digital assets in BRICS' push off the dollar
Russian President Vladimir Putin cited digital financial assets and CBDCs as part of BRICS nations' accelerating shift away from the US dollar at the St. Petersburg International Economic Forum.
Iran and U.S Close to Agreement...
President Trump confirms Israel and Iran are pursuing an immediate ceasefire to halt active hostilities, while the U.S. naval blockade remains in place pending a final agreement.
Trump Says Iran Has Agreed They Will Not Have A Nuclear Weapon
President Trump confirms Iran has agreed not to pursue a nuclear weapon, with the US naval blockade potentially lifted by Labor Day as talks advance toward reopening the Strait of Hormuz.
Iranian Attack Strikes Kuwait Airport
Iranian drones and missiles struck Terminal 1 at Kuwait International Airport on June 3, 2026, causing injuries, severe infrastructure damage, and forcing Kuwait Airways to suspend all operations.
Brian Armstrong Backed Startup Raises $435M
NewLimit, the longevity biotech co-founded by Coinbase CEO Brian Armstrong, has closed a $435 million Series C round led by Founders Fund, valuing the company at $3.1 billion as it prepares to take its first age-reprogramming drug into human trials.
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