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Fortune

Jim Edwards

Markets tumble worldwide as Fed resets interest rate expectations: $400 billion wiped off SpaceX stock

SpaceX US Federal Reserve

Photo: SpaceX HQ. (Credit: Photo by Miguel J. Rodriguez Carrillo / AFP)

**Good morning. On Fortune’s radar today:**

Markets: Down across the board; SpaceX takes heavy losses.
The Fed will hike rates three times this year, BofA warns .
Ship owners navigate confusion and threats in the Strait of Hormuz.
The Iran war boosted electric vehicle sales.
What companies are paying per worker for AI tokens.
Alan Greenspan’s hot tub.
Why men are giving up on work .

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Top stories on inkl right now

Senators alarmed at Trump administration website Moms.gov promoting anti-abortion facilities

Administration claims website is resource for ‘new and expecting mothers’ but group of senators says it raises ‘profound’ health and safety concerns

The Guardian - US

Trump says he’s ordered investigation into oil companies over alleged price gouging

Trump says he instructed justice department to investigate oil firms over high gas prices amid Middle East conflict

The Guardian - US

‘Suffered a heatstroke’: Italy rebuts Nato chief Rutte's claim on US flights supporting Iran strikes

Italy has refuted Nato chief Mark Rutte's claim that hundreds of US aircraft flew from Italian bases for operations against Iran. Rome insists only technical and logistical support was authorized, not combat missions. This clarification follows Rutte's remarks to Fox News, which sparked political backlash in Italy. The government maintains…

The Times of India

Hungarian 'Cannibal' Hospital Worker 'Prepared Food From Corpses' After Raiding Graves and Morgues

A Hungarian hospital worker accused of cannibalism allegedly ate human remains collected from graves and hospitals, as police uncovered skulls, limbs, and a face made from skin.

International Business Times UK

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Hegseth’s Air Force quietly brings back flu vaccine rule for recruits after more than 200 fall sick at base

As of June 19, around 222 flu cases were reported on Lackland Air Force Base in San Antonio, Texas

The Independent UK

Trump admin forces chemical giant to pay $450M in toxic pollution settlement

The Trump administration has reached a multi-state settlement with chemical giant Chemours Co. over years-long, illegal discharges of synthetic “forever chemicals” used to make products resistant to water, grease and stains

The Independent UK

Top stories on inkl right now

Senators alarmed at Trump administration website Moms.gov promoting anti-abortion facilities

Administration claims website is resource for ‘new and expecting mothers’ but group of senators says it raises ‘profound’ health and safety concerns

The Guardian - US

Trump says he’s ordered investigation into oil companies over alleged price gouging

Trump says he instructed justice department to investigate oil firms over high gas prices amid Middle East conflict

The Guardian - US

‘Suffered a heatstroke’: Italy rebuts Nato chief Rutte's claim on US flights supporting Iran strikes

The Times of India

Hungarian 'Cannibal' Hospital Worker 'Prepared Food From Corpses' After Raiding Graves and Morgues

A Hungarian hospital worker accused of cannibalism allegedly ate human remains collected from graves and hospitals, as police uncovered skulls, limbs, and a face made from skin.

International Business Times UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Hegseth’s Air Force quietly brings back flu vaccine rule for recruits after more than 200 fall sick at base

As of June 19, around 222 flu cases were reported on Lackland Air Force Base in San Antonio, Texas

The Independent UK

Trump admin forces chemical giant to pay $450M in toxic pollution settlement

The Independent UK

Our Picks

Expert Issues Warning After Man Reveals Result Of Eating 224 Eggs In A Single Week

In today’s episode of “just because you can doesn’t mean you should,” a man ate over 30 eggs a day for a week and filmed the results for the world to see.

Bored Panda

What James Burrows Once Said About Flopping With The Big Bang Theory Pilot, Then Trying Again

Round 2 went better than Round 1.

Cinemablend

Dominatrix Claims Kristi Noem's 'ICE Barbie' Makeover Fueled Husband's Obsession in Becoming a 'Pretty Girl'

A dominatrix who says she had a nine-year online relationship with Bryon Noem claims Kristi Noem's public transformation influenced his fascination with hyper-feminine aesthetics.

International Business Times UK

Texans puzzled after Gracie the giraffe escapes, disappears: ‘How the hell do you lose a giraffe?’

Have YOU seen this giraffe?

We Got This Covered

Should Couples Share Passwords? Experts Weigh In

In a world where much of our lives exist online, passwords have become the keys to our personal spaces. From social media accounts and email inboxes to banking apps and photo galleries, our digital presence contains a significant amount of private information. As relationships grow deeper, many couples eventually face…

MyLifeXP

James Franco Sparks Wild Alien Conspiracy Theories Over Cryptic TikToks: 'It's an ALIEN!!!!'

James Franco's TikTok videos claiming an alien encounter in his garage have sparked speculation online, with fans debating whether it's genuine or a marketing stunt.

International Business Times UK

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