The US launched new airstrikes against Iran early Thursday, and Tehran responded by targeting Bahrain, Kuwait and Qatar in an exchange threatening an interim deal to end the war.
President Trump capped a NATO summit in Turkey by meeting with Ukrainian President Zelenskyy and saying the US will give Ukraine a license to make Patriot air defense systems.
Ukraine launched drone attacks on 21 vessels and Russian refineries in three days, intensifying long-range strikes on energy infrastructure and causing fuel shortages across Russia.
World
Trump told Ukraine at NATO summit he will license Patriot air defense system production after meeting Zelenskyy in Turkey.
U.S. launched new airstrikes against Iran early Thursday, with Tehran responding by striking targets in Bahrain, Kuwait and Qatar, threatening a ceasefire deal.
Marine Le Pen says she will run for French presidency next year despite being sentenced to wear an electronic monitor for embezzlement.
Business
SK Hynix priced its US IPO at $149 per share, raising $26.5 billion in a major AI chip offering.
Stocks rose as semiconductor gains led the way, with the Nasdaq Composite gaining 1.30%, S&P 500 up 0.81%, and Dow Jones adding 139 points despite Middle East tensions.
Steel Partners Holdings made an unsolicited bid to acquire InMode for $16.75 per share in cash, according to a letter to the company's board.
Technology
OpenAI publicly released GPT-5.6 with new conversational AI models on Wednesday, expanding its latest frontier model capabilities to broader audiences.
Microsoft replaced select OpenAI and Anthropic models with its own MAI family in Excel and Outlook, routing tens of thousands of weekly prompts to cut costs.
Blue Origin raised $10 billion in its first external funding round at $130 billion valuation, with Coatue leading a $4 billion check and Bezos adding $2 billion.
Science
Harvard scientists created a silicon chip that writes dozens of DNA sequences simultaneously using electricity and water-based enzymes.
Silica nanoparticles engineered to target prostate cancer caused tumor cells to self-destruct and supercharged the immune system in mice, producing complete remissions when combined with immunotherapy.
Researchers filmed a goblin shark alive in the deep ocean for the first time, greatly expanding the shark's known range and depth.
Economy
Inflation in the United States increased to 4.20 percent in May from 3.80 percent in April 2026, with energy costs jumping 23.5% due to the energy shock triggered by the conflict with Iran.
Nonfarm payroll employment added 57,000 jobs in June with the unemployment rate at 4.2 percent, and leisure and hospitality employment declined by 61,000 in June, reflecting weaker than usual seasonal hiring.
The Fed kept the federal funds rate unchanged at 3.50%-3.75% for a fourth consecutive meeting in June 2026, with Fed Chair Kevin Warsh presiding over his first meeting, and new economic projections showed 9 officials see at least one rate hike this year, with 6 anticipating at least two.
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