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Lead U.S. stock futures rose Friday as reports emerged of a draft Iran–U.S. memorandum that could reopen the Strait of Hormuz and lead to the lifting of U.S. oil sanctions, and as markets awaited SpaceX’s highly anticipated IPO. S&P 500 futures gained about 0.6%, Nasdaq-100 futures rose roughly 0.6% and Dow futures climbed 0.7% (about … Read more

On Thursday, June 12, 2026, President Donald Trump declared that the United States had “ended the war with Iran,” saying negotiators had agreed a “very strong memorandum of understanding” that would stop the fighting and reopen the Strait of Hormuz. He said a signing ceremony could occur in Europe within days and that Vice President … Read more

President Trump told reporters on June 11, 2026, that the United States and Iran have reached a “settlement” and that a memorandum of understanding could be signed as soon as this weekend, possibly in Europe; Iran and other parties have not confirmed a final deal. The announcement followed renewed U.S. strikes on Iranian targets, Iranian … Read more

Lead: SpaceX priced 555.6 million shares at $135 each late Thursday, raising roughly $75 billion and arriving on the public market with an implied valuation near $1.75 trillion. The offering, set to begin trading on the Nasdaq under the ticker SPCX on Friday, June 12, followed an unusual roadshow and a single, firm offer price. … Read more

Who: The White House and the UFC, when: the weekend leading to President Donald Trump’s 80th birthday, where: the South Lawn, and what: a temporary, eight-sided MMA Octagon and towering lighting structure erected for a series of fights tied to the nation’s 250th Independence anniversary. Organizers say the arena will seat more than 4,000 and … Read more

U.S. producer prices surged in May, registering the fastest year-over-year increase since November 2022 as an energy price spike following the Iran conflict pushed wholesale costs sharply higher. The Labor Department reported the producer price index rose 6.5% from May 2025 and 1.1% from April — the same monthly pace as the prior month. Wholesale … Read more

On Thursday, June 11, 2026, firefighters and hazardous‑materials teams converged on the Pentagon in Arlington, Virginia, after building systems detected an air‑quality issue that prompted a shelter‑in‑place order for the affected area. Pentagon spokesman Sean Parnell said the department activated standard protection procedures while crews work to identify the cause and scope of the problem. … Read more

iFixit, working with NBC, has dismantled a Trump T1 handset and determined it is functionally the same as the HTC U24 Pro. The teams CT-scanned both devices, disassembled them into components and successfully reassembled a working device by placing the U24 Pro board into the T1 chassis. While small cosmetic and supply-chain differences exist — … Read more

Lead On June 11, 2026 at Madison Square Garden, the San Antonio Spurs surrendered a 29-point lead and fell 107-106 to the New York Knicks in a dramatic Game 4 of the NBA Finals. The comeback, capped by OG Anunoby’s tip-in, became the largest in NBA Finals history and left the Spurs trailing 3-1 in … Read more

At Madison Square Garden on June 10, 2026, the New York Knicks completed the largest comeback in NBA Finals history, erasing a 29-point deficit to beat the San Antonio Spurs 107-106 in Game 4. Jalen Brunson paced New York with 36 points and seven assists, while OG Anunoby scored 33 and finished the night with … Read more

Lead: U.S. forces completed a round of strikes against targets in Iran late Wednesday at the direction of President Donald Trump, and futures trading opened higher on Thursday as markets digested the action. S&P 500 futures rose 0.4%, Nasdaq 100 futures added 0.6% and Dow-linked futures gained about 110 points (roughly 0.2%). At the same … Read more

Lead: The New York Knicks hosted the San Antonio Spurs for Game 4 of the 2026 NBA Finals at Madison Square Garden on June 10, tipping at 8:30 p.m. ET on ABC. San Antonio built a commanding first-half advantage — at one point leading 71-47 with 1:35 remaining in the second quarter — while the … Read more

Lead: Sony Pictures is developing a new entry in the Jump Street comedy franchise titled 24 Jump Street, with Jonah Hill and Channing Tatum expected to return and Ice Cube reportedly in talks to reprise his role. Rodney Rothman is attached to direct a script he co-wrote with Hill and Meghan Malloy, and producers Phil … Read more

This preview collects a range of Guardian writers’ forecasts for the 2026 World Cup, synthesising who they think will reach the final, who will claim individual honours and which dark horses could upset expectations. Contributors frequently name Spain, France and Argentina among the favourites, with many singling out Kylian Mbappé, Harry Kane and Mikel Oyarzabal … Read more

Lead: U.S. stocks slid on Wednesday as the Dow Jones Industrial Average dropped about 400 points amid a renewed sell-off in semiconductor-linked names, rising geopolitical tensions with Iran and a hotter-than-expected inflation reading for May. Investors also reacted to corporate news flows, including Amazon’s expansion of trucking services and several large premarket earnings and financing … Read more