US and Iran near final peace deal to end war
Pakistan's prime minister announced that the US and Iran have agreed on the wording of a deal to end their war. Iran's foreign minister confirmed a ceasefire has never been closer, and a senior US official said there is 80-85% confidence a peace deal will be signed. President Trump suggested the signing could happen within days, though some reports indicate the terms may favor Tehran. Diplomatic momentum has accelerated sharply in the past week.
SpaceX shares surged 19% on their first trading day following the largest IPO in history, catapulting Elon Musk to become the world's first trillionaire. The landmark IPO has sparked debate about the wealth gap and whether traditional rules of capitalism still apply. Market analysts are closely watching how Musk's unprecedented fortune reshapes global wealth dynamics.
The US Justice Department under the Trump administration has approved the $111 billion merger of Paramount and Warner Bros., combining two of Hollywood's biggest studios and putting CNN and CBS News under the same corporate roof. The deal still faces potential legal challenges from state lawsuits. Industry observers say the merger will fundamentally reshape the media and entertainment landscape.
Thailand's Princess Bajrakitiyabha has died at age 47 after spending three years in a coma. Crowds gathered across the country to mourn and pay tribute to the beloved royal figure. Her death marks a significant moment for the Thai monarchy and has prompted an outpouring of national grief.