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The Latest Breaking News from the Wall Street Journal

Pepsi drops Wireless sponsorship amid criticism of Kanye West booking

Sponsor pulls out after Keir Starmer calls decision to book rapper who wrote song titled Heil Hitler ‘deeply concerning’

The Guardian - UK

Iran drone strike on US Embassy in Saudi Arabia hit CIA station: Report

A recent Iranian drone attack on the US Embassy in Riyadh, Saudi Arabia, inflicted far more damage than initially reported, striking a CIA facility and causing extensive destruction. The incident, part of a wider regional escalation involving Iran and the US, saw multiple drones intercepted, highlighting Iran's growing capabilities and…

The Times of India

Brain behind GrubHub looking to launch new service to help when your car breaks down

Following a merger last month, several former Grubhub leaders are now heading up a combined digital platform to take on the roadside assistance market

The Independent UK

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Why Pakistan’s bid to broker US-Iran peace fell apart

Efforts led by Pakistan to broker peace between Iran and the United States have faltered. According to a report by The Wall Street Journal, Tehran has formally informed mediators that it will not attend proposed talks with American officials in Islamabad. Iranian officials have also rejected Washington’s conditions outright, calling…

The Times of India

Harvard faculty to vote on proposal to limit number of A grades in each course

Effort to curb grade inflation, by limiting top marks to 20% of students in a course, is opposed by most students

The Guardian - US

Bye-Bye, Bondi

Plus: pro-tech media sells to big tech, Trump's new tariffs, jobs numbers, and more...

Reason

The tax escape map: Billionaires are bolting for Florida from the West Coast and taking billions in tax revenue with them

Driven partly by proposed wealth taxes, some of America’s richest people have poured millions into waterfront Florida real estate.

Fortune

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Paradigm, a major investor in Kalshi, is building its own prediction markets trading terminal, sources say

The longtime crypto venture firm has invested three times over into Kalshi, and Paradigm’s managing partner Matt Huang is on the startup’s board.

Fortune

Is it wrong for me to want to see Kanye West perform at Wireless?

Ye will return to the UK for the first time in over a decade to perform on all three days of Wireless Festival 2026. But can I compartmentalise my feelings about him enough to cop a ticket?

Evening Standard

Warren Buffett says he stopped talking to Bill Gates over Epstein—and worries he could be called as a witness

“I don't want to be in the position where I know things,” Buffett said.

Fortune

Social Media Is Not Tobacco

Plus: Hollywood is over, the war in Iran is not, Democrats are fighting about affordability, and more...

Reason

Prosecutors Allege Former Venezuelan First Lady Built Family-Run Network That Gave Relatives Control of Drug Routes

Prosecutors allege that Cilia Flores, the former Venezuelan first lady, built a family-run network that granted relatives control over drug routes, state contracts and key government positions.

Latin Times

Rubio makes bold claim on when Iran war will end: ‘Weeks, not months’

US Secretary of State Marco Rubio has suggested a potential de-escalation of the Iran war, saying it would last "weeks, not months". He also noted Iran's willingness to discuss "certain things". However, Mr Rubio's comments contradict reports from the Wall Street Journal that Donald Trump is considering deploying an additional…

The Independent UK

Dollar Advances as Iran War Rages

The dollar index (DXY00 ) rose to a 1-week high on Friday and finished up by +0.27%. The dollar moved higher on Friday as the risk of a protracted Iran war boosts safe-haven demand for the dollar. Also, Friday's +5% rally in crude oil prices is pushing inflation expectations higher,...

Barchart

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Barchart

Dollar Gains on Concerns Over a Protracted Iran War

The dollar index (DXY00 ) today rose to a 1-week high and is up by +0.05%. The dollar is slightly higher today as the risk of a protracted Iran war boosts safe-haven demand for the dollar. Also, today’s +3% rally in crude oil prices is pushing inflation expectations higher, potentially...

Roll Call

Transportation Chair Graves will retire after 26 years in House

Rep. Sam Graves, who chairs the House Transportation and Infrastructure Committee, is joining a growing list of lawmakers deciding not to seek reelection this year. “After considerable reflection, 2026 will be my final year in Congress,” Graves, 62, said in a Friday statement. “This wasn’t an easy decision, but it’s…

Reason

10 Boats, 10,000 Troops

Plus: a pause on power plant bombing, an executive order to fund the TSA, a tentative plan to end the DHS shutdown, and more…

The Independent UK

Kanye West premieres new album amid ongoing controversies

Kanye West premiered his long-awaited album, Bully, live on YouTube on 26 March, featuring Travis Scott and Nine Vicious. The album has been teased since September 2024, following his Vultures 2 release, with previews and a short film Bully V1 starring his son, Saint. West initially claimed a significant portion…

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The Independent UK

Nation’s ‘fanciest’ restaurant fuming over California apartment complex NIMBY battle

After transforming a Napa Valley town into a global culinary destination over three decades, the French Laundry owner is now leading a local revolt against plans for 120 worker apartments

The Times of India

Iran’s Trump? Ghalibaf emerges as Tehran’s hardline dealmaker

The White House says talks with Iran are alive, even as Tehran publicly denies direct negotiations and keeps up military pressure across the region. White House press secretary Karoline Leavitt said, “The United States has been engaged over the last three days in productive conversations,” while adding: “You’re beginning to…

The Independent UK

Kalshi and Polymarket are using influencers to lure in the 50% who don’t bet on sports gambling sites: women

IN FOCUS: Prediction markets like Kalshi and Polymarket have shifted their business model to lure in younger women through a network of social media influencers, reports Rhian Lubin

Barchart

Stocks Settle Lower as Iran War Boosts Crude Oil and Bond Yields

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.77%. June E-mini S&P futures (ESM26 ) fell -0.35%, and June E-mini Nasdaq futures...

Barchart

Dollar Advances Amid Concerns About Escalation of the Iran War

The dollar index (DXY00 ) on Tuesday rose by +0.42%. The dollar moved higher on Tuesday as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, Tuesday's +4% jump in crude oil prices may stoke inflation and prompt the Fed to tighten monetary policy, a...

Fortune

Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’

Billionaire Alex Karp tells Gen Z to skip elite college degrees, as one-fifth of Fortune 500 companies recruit more neurodivergent talent by 2027.

Barchart

Stocks Rally as President Trump Eases Iran Threats

The S&P 500 Index ($SPX ) (SPY ) today is up +2.10%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.30%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.19%. June E-mini S&P futures (ESM26 ) are up +2.14%, and June E-mini Nasdaq futures...

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