Top Stories
TOP STORY
TOP STORY
Trump 'angry' at Putin’s Zelensky criticism
President Trump said he was “angry” at Russian President Putin for his criticism of Ukrainian leader Volodymyr Zelensky.
“If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia's fault — which it might not be — but if I think it was Russia's fault, I am going to put secondary tariffs on oil, on all oil coming out of Russia,” Trump said.
The president added that entities that buy oil from Russia would not be able to do business in the United States and said there would be a 25% tariff on all Russian oil if Russia does not reach a ceasefire deal with Ukraine within a month.
Trump said the leaders had "a very good relationship" and that his anger would dissipate quickly "if he does the right thing." He noted plans to speak with Putin again this week.
Putin has repeatedly and often called Zelensky the "illegitimate" leader of Ukraine. His remarks include a Russian state media report that Putin said Zelensky could not sign any peace documents because of his "illegitimacy" and because Ukraine does not have sovereignty.
Running Stories
LAW
LAW
Frank founder convicted of $175M fraud
Charlie Javice, founder of Frank, was convicted of defrauding JPMorgan Chase of $175M by lying about her customer base.
Javice, 32, an Ivy League graduate, was found guilty by a New York City jury after a five-week trial and faces a potentially lengthy prison term. Frank, founded in 2017, had software to simplify the FAFSA application process for college financial aid.
JPMorgan bought Frank for $175 million in 2021, believing the company had over 4 million clients. However, it was later discovered that there were only about 300,000 customers.
Javice's lawyer argued that JPMorgan had buyer's remorse due to regulatory changes and knew the actual customer numbers.
Frank's chief of engineering testified that Javice asked him to create synthetic data to support her false customer claims, which he refused. Prosecutors revealed Javice paid a college friend $18,000 to generate fake customer data to deceive a third-party data provider. Sentencing is scheduled for July 23.
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AVIATION
AVIATION
A first-of-its-kind mission around the poles
A SpaceX capsule is due to launch today for a mission over Earth's poles, marking the first human flight of its kind.
Experts are skeptical about the scientific value of a polar orbit but acknowledge the mission's potential to advance private space travel.
The crew of four, led by cryptocurrency billionaire Chun Wang, will oversee 22 science and research experiments, including MRI scans, sleep pattern studies, and hormone level monitoring for female crew members.
The crew will also attempt to exercise in the confined space of the SpaceX Crew Dragon capsule and grow mushrooms to study agricultural possibilities in space.
The mission includes observing polar light shows like auroras and the light phenomenon known as Steve, with public participation encouraged for simultaneous observations from Earth.
Fram2 is expected to spend three to five days in space before returning home with a splashdown landing off the coast of California.
BUSINESS & ECONOMICS
BUSINESS & ECONOMICS
Top bank sees tariffs raising recession risks
Investment bank Goldman Sachs expects tariffs to raise inflation and unemployment and cut economic growth to a near-standstill.
When the new trade moves are enacted, the Goldman economic team sees a broad, negative impact on the economy. “We continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
On inflation, the firm sees its preferred core measure, excluding food and energy prices, hitting 3.5% in 2025, a 0.5 percentage point increase from the prior forecast and well above the Federal Reserve’s 2% goal.
That will come with weak economic growth: Just a 0.2% annualized growth rate in the first quarter and 1% for the full year when measured from the fourth quarter of 2024 to Q4 of 2025, down 0.5 percentage points from the prior forecast.
Goldman sees unemployment reaching 4.5%, a 0.3 percentage point raise from the previous forecast. Altogether, Goldman now expects a 35% chance of recession in the next 12 months, up from 20% in its prior outlook.
SOCIETY
SOCIETY
America’s ‘most average’ states
On examining the middle of the rankings of the best states to live in, the 25th state is actually in the middle — Kansas.
There are multiple ways to measure the concept of “average” in the context of the rankings’ methodology, in which states are ranked relative to one another based on their performance across 71 metrics in eight weighted categories.
Kansas ranked 27th in the 2023 Best States rankings and was one of 19 states to jump at least one spot year over year. In 2024, Kansas also landed in the middle of the economy and crime and corrections categories, ranking 27th and 29th, respectively.
Another state in the running for “most average” is Rhode Island at 26th in the overall rankings. The Ocean State climbed six spots from last year’s rankings. It landed around the middle of the economy and opportunity categories, ranking 18th and 33rd, respectively.
Kansas fared worst in fiscal stability (40th) and natural environment (40th) and best in infrastructure (5th) and opportunity (7th). Rhode Island scored 45th in infrastructure and 47th in fiscal stability but 3rd in natural environment, 5th in health care, and 7th in crime and corrections.
Taking a slightly broader view of the middle of the overall rankings, the states at the spots of 23rd (New York), 24th (Montana), 27th (Tennessee), and 28th (Maine) also could be considered average.
OTHER NEWS
OTHER NEWS
Woman pulled out of earthquake rubble
A woman was rescued alive from the rubble in Mandalay, Myanmar, nearly 60 hours after a devastating earthquake.
The earthquake, which struck on Friday, has killed over 1,700 people in Myanmar and at least 18 in Thailand. Rescue efforts are ongoing, with many volunteers working without proper equipment, facing power and communication outages, and damaged infrastructure.
In Bangkok, 76 workers are believed to be trapped under a collapsed 30-storey tower.
The US Geological Service estimates Myanmar's death toll could exceed 10,000, with economic losses surpassing the country's annual output. Foreign aid has begun arriving, with contributions from China, Russia, India, Thailand, Malaysia, Singapore, and the US.
Myanmar's junta, which seized power in 2021, continues to face armed resistance and has been accused of weaponizing aid. Rights groups urge that aid be directed through community-based groups or the National Unity Government to avoid misuse by the junta.
OFFBEAT
OFFBEAT
Communion wafer not ruled ‘a miracle’
Red marks found on a Communion wafer at a Catholic church in Indiana had a chemical rather than a holy explanation.
The Archdiocese of Indianapolis said the discovery at St. Anthony of Padua Catholic Church in Morris was unusual enough to warrant a formal inspection.
There have been well-documented miracles and apparitions, and each has been thoroughly and carefully reviewed,” the archdiocese said.
The wafer with red marks had fallen out of a Mass kit. The discovery caused excitement about what might be found. “We have such a little town. You can drive through and blink, and you’re through it,” Shari Strassell, a church member, said. “I think there is something special about our church up here.”
But a biochemical analysis revealed only “fungus and three different species of bacteria, all of which are commonly found on human hands,” the archdiocese said.
The Catholic faith teaches that wine and a bread wafer signify the body and blood of Jesus Christ. Typically, they’re consecrated by a priest at Mass.
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