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Mornly

Monday, June 22, 2026

Top news

  • JD Vance arrived in Switzerland for talks with Iranian officials to consolidate an interim deal ending the war and restart nuclear program discussions.
  • Ukraine suspended civilian gasoline sales in Russian-occupied Crimea as Ukraine ramped up attacks on fuel supplies across the Black Sea peninsula.
  • Al Jazeera cameraman Ahmed Wishah was killed in an Israeli attack in Gaza while covering the conflict.

World

  • China imposed sanctions on 10 American military-related companies, retaliating against U.S. restrictions on Chinese tech companies serving defense.
  • Vice President Vance and Iran's delegation made encouraging progress in Switzerland talks aimed at finalizing a war-ending agreement within 60 days.
  • Trump-backed Colombian opposition candidate Abelardo de la Espriella held a razor-thin lead with preliminary election results showing a sharp rightward political shift.

Business

  • Fox agreed to acquire Roku for $160 per share in a $22 billion cash-and-stock deal, combining Fox's sports, news and entertainment content with Roku's streaming platform reaching 100 million global households.
  • Intel surged 9% after President Trump announced the company will partner with Apple on designing chips in the U.S., with Apple agreeing to work with Intel to design and build chips in America.
  • A proposed $111 billion merger between Paramount and Warner Bros. won DOJ approval, uniting the studio giants that own CBS and HBO respectively.

Technology

  • Hackers breached Amazon's One Medical healthcare service, allegedly stealing sensitive customer data and issuing threats.
  • Waymo recalled approximately 3,900 robotaxis after some vehicles drove into freeway construction zones without proper safeguards.
  • Memory chip shortages have grown so severe that even Apple faces constraints on AI-driven device production.

Science

  • A study of long-lived families identified rare genetic variants that may help people stay healthier longer as they age.
  • Researchers found palmitic acid, a saturated fat common in foods, may trigger insulin resistance and type 2 diabetes by causing inflammation and cellular stress.
  • A Chinese sodium-ion battery performs as well as Tesla's batteries, with comparable production quality and design features.

Economy

  • The Fed held the federal funds rate at 3.50%-3.75% in its June meeting under new Chair Kevin Warsh.
  • Nine Fed officials now project at least one rate hike this year, with six anticipating at least two hikes by year-end.
  • The Fed sharply raised its inflation forecast for 2026 to 3.6% PCE from an earlier projection of 2.7%.

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