World News
U.S. and Iran trade peace terms as fighting continues
Reuters reports Washington sent Tehran a 15-point proposal to end the war while President Trump said talks were progressing and Pakistan offered to host negotiations. Iranian leaders publicly denied direct talks as strikes continued and fears of a wider regional conflict remained high.
U.N. General Assembly approves a resolution calling for slavery reparations
NPR reports the General Assembly voted 123-3 to declare the trafficking of enslaved Africans a grave crime against humanity and called for reparative measures and restitution of cultural items. The United States, Argentina, and Israel voted no, while the U.K. and EU members abstained.
U.S. Politics
Senate Republicans launch a new reconciliation push on immigration, war funding, and election rules
NBC News reports Senate Budget Committee Republicans began preparing a party-line package to fund ICE operations, support military spending tied to the Iran war, and advance parts of the SAVE America Act. GOP leaders say they have momentum, but major procedural limits and unified Democratic opposition could strip or block key provisions.
Tech & AI
Nvidia says its AI chip opportunity could reach $1 trillion through 2027
Reuters reports Nvidia used its GTC conference to project at least a $1 trillion near-term market and unveil new inference-focused hardware, including a CPU and systems linked to Groq technology. The company is signaling a strategic shift toward real-time AI workloads as competition in inference intensifies.
Arm unveils its first in-house AGI CPU with Meta as lead partner
Reuters reports Arm introduced a new data-center chip aimed at agentic AI, marking a major move beyond its long-standing licensing-only model. Arm said the chip could eventually add about $15 billion in annual revenue and plans volume production later this year with TSMC manufacturing.
Business
Oil shock is forcing a rethink of Wall Street’s 2026 earnings assumptions
Reuters reports analysts sharply raised crude forecasts after supply disruptions tied to the Iran war, challenging earlier expectations of much cheaper energy in 2026. Higher fuel and transport costs are expected to squeeze consumers and pressure profit margins across much of the economy.
Weather
Catastrophic flooding on Oahu prompts rescues and evacuation orders
CNN reports severe flooding in Hawaii triggered at least 236 rescues, emergency evacuations near the Wahiawa dam, and major damage to homes, roads, and critical infrastructure. State officials warned the event could exceed $1 billion in losses as multiple islands remained under flood alerts.
Culture
BTS returns with its first full-group concert in nearly four years
CNN reports BTS staged a major comeback show in Seoul tied to the new album Arirang, drawing huge local crowds and global streaming attention. The performance marked the group’s first full reunion concert since military service and kicked off promotion ahead of a large world tour.