AI Canadian Employers Are Rehiring After AI Failed to Replace Laid-Off Staff A Robert Half survey shows over a third of Canadian employers who cut jobs to deploy AI are rehiring, as oversight needs and quality gaps outpaced expected savings.
Geopolitics Pentagon Raises Israeli Espionage Threat to ‘Critical,’ Top Tier The Pentagon's DIA has reportedly raised its counterintelligence threat level on Israeli espionage against the US to ‘critical,’ the highest tier, as Trump and Netanyahu clash over Iran policy.
Markets Trump to Attend Knicks Game 3 at MSG, Watch Party Canceled President Trump will attend Game 3 of the NBA Finals at Madison Square Garden as the Knicks host the Spurs, with heightened security canceling the outdoor MSG watch party and locking down surrounding blocks.
Markets Top 1% of U.S. Earners Now Hold More Wealth Than Entire Middle Class The top 1% of U.S. earners now control 31.7% of the nation's wealth, surpassing the middle class's share. This shift has significant implications for markets and policy.
Geopolitics US shoots down Iranian drones over Strait of Hormuz, strikes radar sites US Central Command says it shot down Iranian drones launched at the Strait of Hormuz and struck Iranian radar sites in response, keeping oil markets on edge as a fragile ceasefire frays.
Politics Iran's World Cup Team Faces Same-Day U.S. Entry and Exit Mandate Iran's World Cup squad must enter and exit the U.S. on match days, impacting logistics and performance. Key officials denied visas amid diplomatic tensions.
AI US Officials in Talks to Have Government Acquire Shares in AI Giants Senior US officials have held preliminary talks with major AI firms about the federal government acquiring equity stakes, with OpenAI's Sam Altman pushing the idea directly to Trump.
Markets Pimco's Ivascyn: First Sustained Credit Default Cycle Has Begun Pimco CIO Daniel Ivascyn says the first sustained credit default cycle in years has begun, with losses set to exceed what investors are pricing in. Private credit and leveraged loan vintages from 2021–2022 are in focus.
AI Trump Admin in Talks for U.S. Government Stake in OpenAI The Trump administration and OpenAI are in early talks about a possible U.S. government equity stake, potentially seeded by donated shares for a Public Wealth Fund. Tech and chip stocks sold off on the news.
Markets Trump Criticizes Market Reaction to Strong Jobs Report President Trump questions market sell-off following strong May jobs report, emphasizing that economic growth doesn't necessarily lead to inflation.
Markets SpaceX tells banks it won't budge on $135 IPO price SpaceX has told its banks it will not move off the $135-a-share IPO price disclosed in its amended filing, with sources describing roadshow demand as insatiable ahead of a June 12 debut.
Tech Anthropic Calls for Global AI Development Pause Amid Self-Improvement Concerns Anthropic warns that AI systems like Claude are nearing autonomous self-improvement, urging a global development pause to assess potential risks.
Markets SEC Officially Kills the $25,000 Pattern Day Trader Rule The SEC has officially eliminated the $25,000 pattern day trader minimum, replacing it with a real-time intraday margin framework. Retail brokers like HOOD and BULL are the most direct beneficiaries.
Markets Fidelity Lowers SpaceX IPO Minimum to $2,000 Fidelity reduces minimum account requirement for SpaceX IPO from $500,000 to $2,000, making it more accessible to retail investors.
Politics Trump ballroom donors landed $50B in federal contracts, watchdog says Public Citizen says 14 of 27 known corporate donors to Trump's White House ballroom project have won over $50 billion in new federal contracts in six months, led by Lockheed Martin, Booz Allen, and Palantir.
Tech Opal Electronics Secures $40M from OpenAI for AI Audio Device Opal Electronics, formerly Opal Camera, rebrands and secures $40M from OpenAI to develop AI-powered audio devices, signaling a strategic shift in consumer electronics.
Geopolitics Rubio Tells Congress: The War in Iran Is Over Secretary of State Marco Rubio told Congress the war in Iran is over, even as strikes continue and the House moved to limit Trump's war powers in Iran.
AI Gartner: AI-driven layoffs aren't producing ROI for big companies A Gartner survey of 350 executives at $1B+ companies found 80% cut jobs while deploying AI, but those layoffs aren't translating into ROI. The AI productivity narrative is getting tested.
Geopolitics Trump says Iran ‘really wants’ a deal as strikes continue Trump says Iran ‘really wants’ a deal with the US, even as fresh strikes hit Iranian sites and Iran targets US forces in Kuwait. Here is what traders should watch.
Markets Master's Degrees No Longer Guarantee Job Security Unemployment rates for workers under 35 with master's degrees are at a 20-year high, signaling a shift in the job market's valuation of advanced degrees.
Markets Kevin O’Leary: Gen Z stays poor by spending $28 on lunch making $70K Kevin O’Leary said Gen Z stays poor because they spend $28 on lunch while earning $70,000. The resurfaced clip has 62M+ views and reignited the spending-vs-wages debate.
Markets Billionaire Dylan Taylor: Leasing a Car Is the Biggest Middle-Class Trap Voyager Technologies CEO Dylan Taylor says leasing a car is the biggest red flag you will stay middle class, pointing to a record $1.66T U.S. auto loan stack as evidence.
Markets AMC Posts Highest May Attendance Since 2019, Stock Surges AMC Entertainment drew 25.5 million guests in May 2026, its best May since 2019, sending shares up roughly 20% as “Backrooms” and a stacked 2026 slate fuel the theatrical rebound.
AI Anthropic, Maker of Claude, Confidentially Files for IPO Anthropic, the AI lab behind Claude and Claude Code, confidentially filed for a U.S. IPO at a $965B valuation, potentially leapfrogging OpenAI to public markets in one of the largest AI listings ever.
Politics Trump Drops $1.8B DOJ 'Anti-Weaponization' Fund After GOP Revolt The Trump administration is scrapping its $1.8B DOJ anti-weaponization fund after a federal court block and a rare bipartisan revolt on Capitol Hill.
