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• Indian stock markets plummeted on Tuesday, with the Sensex falling over 400 points and the Nifty dropping below 23,250. • The downturn was driven by escalating US-Iran tensions and persistent selling by foreign institutional investors (FIIs), causing declines of over 1% in the Auto, Realty, and Consumer Durables sectors. • Despite the broader crash, Nifty IT gained nearly 2%, while 1,650 stocks on the NSE declined compared to 887 that advanced.

• Multiple stars have withdrawn from the Great American State Fair, a Trump-aligned celebration intended to commemorate the 250th anniversary of the United States. • The departures have sparked significant backlash and "meltdowns" within the MAGA community, with some critics questioning why performers cannot associate with those of differing political views. • This trend highlights the deepening political polarization surrounding high-profile cultural events and the difficulty of securing non-partisan entertainment for partisan celebrations.

• Multiple artists, including Young MC, Poison frontman Bret Michaels, and country singer Martina McBride, have withdrawn from the US Freedom 250 concert. • The performers cited concerns that the event would be overly political and claimed they were misled regarding the festival's political affiliations. • This mass departure highlights tensions surrounding the celebration of America's 250th birthday and the intersection of entertainment and political messaging.

• Several artists, including singer Morris Day and Milli Vanilli's Jodie Rocco, are withdrawing from a concert series after being listed in the lineup without prior consent. • The event is organized by Freedom 250, a public-private partnership established by President Donald Trump to celebrate the 250th anniversary of the Declaration of Independence. • Scheduled to run from June 25 to July 10 on the National Mall, the festival aims to feature patriotic tributes, immersive exhibits, and live entertainment.

Treasury secretary says banknote would celebrate US’s 250th anniversary but Democrats vow to block moveThe White House is pushing Congress to approve a $250 bill bearing Donald Trump’s portrait, US treasury secretary Scott Bessent said, which would require changing longstanding federal law that prohibits any living person from appearing on US currency.Speaking from the White House at a news conference, Bessent said the bill would be in celebration of the country’s 250th anniversary of independence, and that the treasury has already started preparing for the possibility of the new currency. Continue reading...

• OpenAI’s non-profit foundation will allocate $250 million toward research analyzing how artificial intelligence affects the global economy. • This initiative marks the first specific deployment of funds following the organization's March pledge to distribute $1 billion over a 12-month period. • The research is critical for understanding the systemic shifts in labor markets and economic productivity caused by the rapid adoption of AI.

Approval marks key step forward for project dubbed ‘Arc de Trump’, which will be near Arlington National CemeteryThe Commission of Fine Arts on Thursday approved designs for Donald Trump’s proposed 250-ft triumphal arch in Washington DC.The vote on Thursday by the panel, which is made up of Trump appointees, marks a key step forward for the project. Next month, the proposed design is set to be reviewed by the National Capital Planning Commission, another federal panel that oversees planning for federal buildings and land. Continue reading...