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Global markets edged up amid anticipation of the Federal Reserve’s imminent rate cuts, with Nasdaq hitting record highs fueled by tech and AI optimism. The S&P 500 remained mostly flat, while the Dow Jones fell 270 points amid defensive sector weakness. Volatility remained subdued as investors digest mixed economic data and geopolitical tensions.
Boeing’s defense workers defy new contract offer, extending their strike in Midwest plants amid declining shares. The ongoing labor unrest underscores tensions between the aerospace giant and its workforce.
32% – Gemini’s stock surge in Nasdaq debut reflects bullish crypto IPO momentum.
Charlie Kirk’s assassination leads to suspect identification and arrest, fueling political tensions and calls for enhanced security measures across Congress.
OpenAI and Microsoft solidify partnership with agreements paving way for OpenAI’s transition to a for-profit entity and potential IPO.
Polymarket Sees Surge With $9 Billion Valuation Amid U.S. Comeback
Polymarket’s valuation nears $9 billion following user surge and CFTC approval, positioning it at the forefront of the resurgent prediction market sector.
More on coindesk.com
Crypto exchange Gemini debuts strongly on Nasdaq, signaling renewed investor enthusiasm as fintech IPO market heats up.
Tesla faces scrutiny over workforce and pay practices amid stock volatility; board chair publicly defends CEO Elon Musk’s massive compensation package.
Tesla Board Chair Defends Musk’s Pay as Sales and Profits Shrink
Despite shrinking sales and profits, Tesla’s board chair justifies Elon Musk’s enormous compensation, raising shareholder concerns amid stock volatility.
More on nytimes.com
Fed Governor Lisa Cook’s property declarations come under scrutiny, refuting accusations while spotlighting political tensions connected to administration claims.
North Korea announces plans to pursue nuclear and conventional weapons, signaling escalation ahead of their party congress.
FTC opens probes into Amazon and Google advertising practices; U.S. government sues Uber over disability discrimination; California bans masked law enforcement officials; plans for expanded federal cockpit trials for eVTOL aircraft progress.
Political violence after Charlie Kirk’s assassination triggers nationwide debate on security, rhetoric, and polarization impacting America’s public discourse.
Hong Kong overtakes Singapore as Asia’s top talent hub, highlighting the city’s growing appeal amid evolving regional economic dynamics.
“We got him: This is our moment to choose a darker or brighter future.”
— Utah Governor Spencer Cox on Charlie Kirk shooting suspect arrest
Federal Trade Commission investigates alleged deceptive advertising by Amazon and Google, intensifying regulatory scrutiny on tech giants.
Federal government sues Uber, alleging discrimination against passengers with disabilities; legal actions underscore ongoing regulatory clashes.
Fed’s interest rate cuts loom amid inflation concerns; consumer sentiment drops as fears of stagflation rise among economists and markets.
South Korean workers detained in U.S. immigration raid return home amid diplomatic tensions over enforcement actions at Hyundai plant.
Major media mergers and acquisitions shake entertainment industry as Oracle’s Larry Ellison eyes Hollywood dominance following Musk’s media moves.
Crypto markets gain momentum with Solana surging on institutional buys and new ETF interest, signaling renewed confidence in digital assets space.
Bank of America shakes up leadership with co-presidents named, hinting at succession planning amid pressures on major financial institutions.
Texas Senate GOP primary heats up with poll spotlight on Ken Paxton’s chances against John Cornyn, influencing the 2026 general election map.
Federal Reserve board nominations remain uncertain as key seats await confirmation, with market focus on upcoming policy decisions.
Political tensions escalate as Trump calls for death penalty in Charlie Kirk shooting and debates on ‘radical left’ violence intensify.
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