The Big Picture
OECD warns global growth will slow significantly due to the U.S.-Iran war and its impact on energy prices.
OECD warns global growth will slow significantly due to the U.S.-Iran war and its impact on energy prices.
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Ukrainian President Zelensky has proposed a ceasefire and a meeting with Russian President Putin. Putin, however, claims that Russian forces are advancing. The situation in the Russia-Ukraine War is being debated as either a stalemate or an escalation.
Members of the actors' union have ratified a new four-year contract with major studios and streaming services. The agreement includes improvements in pay, AI protections, and a pension merger. This ratification brings an end to labor disputes that had impacted the entertainment industry.

Madonna held a surprise concert in Times Square to celebrate Pride Month and promote her upcoming album. The performance featured new music and celebrated New York City. The event drew attention for the artist's attire.
President Trump announced his intention to nominate Todd Blanche as the next Attorney General. The nomination is expected to face a contentious Senate confirmation process. Blanche is intended to serve as the permanent Attorney General.
SpaceX is preparing for its Initial Public Offering (IPO), aiming for a valuation of up to $1.77 trillion. The company plans to raise approximately $75 billion, which would make it the largest IPO in history. This move could potentially make Elon Musk a trillionaire.
The House of Representatives passed a war powers resolution directing President Trump to end hostilities with Iran. This bipartisan vote, which included some Republicans, served as a rebuke to the president's military campaign in Iran. The resolution aims to curb the president's war powers concerning Iran.