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The Latest Breaking News from the Wall Street Journal

DOJ Drops Subpoenas Targeting Journalists in Classified Leak Investigation After Press Freedom Backlash

The U.S. Department of Justice has withdrawn subpoenas that sought to force reporters from The Washington Post and The Wall Street Journal to testify before a federal grand jury as part of an investigation into leaks of classified information, marking a significant reversal in one of the Trump administration's most…

Latin Times

Justice Department withdraws subpoenas that sought reporters' grand jury testimony, sources say

The Justice Department has withdrawn subpoenas that sought to compel reporters at The Washington Post and The Wall Street Journal to testify before a grand jury

The Independent UK

Fed Governor Under Scrutiny Over Closed-Door Dinner Including Remarks During Blackout Period

Federal Reserve Vice Chair for Supervision Michelle Bowman attended a private dinner hosted by Bank of America for a group of Wall Street clients during the period in which officials are not supposed to make remarks.

International Business Times

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Tim Cook Warns Apple Product Price Hikes Are Unavoidable Due to Higher Chip Costs. What That Means for AAPL Stock.

Apple's outgoing CEO says the iPhone maker has tried to absorb rising memory chip costs but can no longer protect customers from the financial pressure.

Barchart

iPhone 18 Pro Price Update: Analyst Ming-Chi Kuo Reveals Why Imminent Apple Smartphone Is Bleeding Cash

Apple's iPhone 18 Pro may see a price increase to $1,399 due to rising component costs and new features, sparking debate on consumer acceptance.

International Business Times UK

Apple Price Hike on iPhone, Mac and iPad 'Unavoidable' as AI Drives Memory Chip Costs Up Fourfold

Apple CEO Tim Cook says iPhone, Mac, and iPad price hikes are 'unavoidable' as memory chip costs quadruple, leaving US buyers facing a $540-plus Christmas upgrade hit.

International Business Times UK

Apple price rises are ‘unavoidable’, CEO warns, as AI chip costs surge

Tim Cook says Apple can no longer absorb soaring memory-chip costs driven by the artificial intelligence boom, signalling higher prices for consumers and raising concerns about broader inflation across the technology sector.

Euronews

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Apple CEO Tim Cook says AI boom makes price increases 'unavoidable'

Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase the prices of its products, according to an interview with the Wall Street Journal published Wednesday.

The Economic Times

Federal prosecutors subpoena banks over alleged closure of accounts

In this week’s edition of Economy and Society:

Ballotpedia

China's Fortune Teller Purge: Xi Targets Officials Who Seek Psychic Advice

Xi Jinping's anti-corruption campaign in China has evolved to target political loyalty and personal conduct, punishing nearly one million officials in 2025 for various offences.

International Business Times UK

Meet Gina Rinehart: Australia’s richest woman who just invested $1.4 billion in Elon Musk’s SpaceX

For decades, the fortune of Australia's wealthiest citizen has been tied to iron ore buried deep beneath the country's red earth. Yet in recent years, Gina Rinehart has gradually expanded her interests far beyond mining, backing sectors she believes will shape the decades ahead. Space exploration now appears to sit…

The Times of India

Rivian Lays Off Hundreds Of Workers A Week After R2 Launch

Rivian cut employees from its service and customer division on Tuesday, the The Wall Street Journal reported.

InsideEVs

Anthropic Reportedly Sued For Misleading Subscribers About Premium Claude Plans

Anthropic has been sued in federal court over access to its premium Claude AI subscription plans, according to a new report.

International Business Times

Anthropic Sends Tech Staff To Washington As White House Dispute Over AI Models Deepens: Report

Anthropic has dispatched senior technical staff to Washington as the artificial intelligence company seeks to resolve a dispute with the Trump administration that led to restrictions on its latest AI models, according to a new report.

International Business Times

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International Business Times UK

Trump Secretly Pushing GOP to 'Void' Impeachments as Raskin Exposes Deep 'Shame and Disgrace' over Jan. 6

Donald Trump is reportedly urging Republicans to pass a resolution that would symbolically 'void' his two impeachments, despite constitutional experts saying such a move has no legal effect.

International Business Times UK

Anthropic's Top AI Scientist Locked Out of His Own Company's Most Powerful AI Because He's Not American

US Commerce Department forced Anthropic to disable Claude Fable 5 and Mythos 5 worldwide, locking out top AI scientist Andrej Karpathy, along with hundreds of millions of users.

The Independent UK

Jeff Bezos rejects fear that AI will take humans’ jobs

Jeff Bezos said that young people’s pessimism about artificial intelligence is the ‘opposite of reality’

AAP

Trump, allies working on plan to void his impeachments

The Wall Street Journal reports US President Donald Trump and his allies want a resolution aimed at voiding his first-term impeachments.

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news in one place.

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The Economic Times

BlackRock seeks to buy at least $5 billion in SpaceX IPO shares: Report

Asset manager BlackRock sought to buy at least $5 billion worth of shares in the initial public offering of Elon Musk's SpaceX , the Wall Street Journal reported on ‌Thursday, ⁠citing people ⁠familiar with the matter.

International Business Times

OpenAI Reportedly Considering Slashing Prices To Compete With Anthropic

OpenAI is considering slashing prices to lure consumers using Anthropic, according to a new report.

The Guardian - UK

Is the Iran ceasefire over? What the latest US attacks tell us

A wave of US strikes represents the gravest test yet of the fragile truce. Here’s what happened, what officials are saying and whether the deal can survive

Latin Times

World Cup Hotel Demand Falls Short of Expectations Across North America

Those who are making the trip are increasingly bypassing traditional hotels in favor of less expensive short-term rentals. Those properties are seeing a significant boost in demand, the report said.

Reason

Maine Kampf

Plus: Risky play, strikes on Iran, Steve Hilton advances, and more...

International Business Times UK

Mexican Immigrant Earned $28 an Hour at SpaceX — The IPO Could Make Him a Millionaire

SpaceX's historic $75 billion IPO on Nasdaq could transform the lives of its employees and propel Elon Musk towards becoming the world's first trillionaire.

International Business Times UK

OpenAI Files for IPO Just Days After Anthropic — The AI Arms Race Is Now a Wall Street Arms Race

OpenAI filed a confidential S-1 with the SEC on 8 June, a week after Anthropic, as both AI giants race to go public first and set the terms for how investors value the sector.

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