Markets & Fed Watch: Wall Street is digesting the record-setting SpaceX IPO afterglow, with investors now focused on the Fed’s next meeting and Kevin Warsh’s first press conference as a potential swing factor for U.S. indexes. Inflation & Energy Costs: New data shows U.S. inflation jumped to 4.2% in May, driven largely by higher energy prices tied to the Iran war—fueling fresh affordability pressure for households and businesses. AI Policy Clash: States are moving ahead with more targeted AI rules even as the White House signals it wants Congress to set the framework, raising the odds of a new fight over who regulates AI use. Tech & Legal Pressure: A U.S. quantum sensor firm, SeeDevice, sued KBS over alleged misleading reporting about its technology, with a trial set for January 2027. National Security & Surveillance: Homeland Security says the lapse of FISA Section 702 makes it harder to monitor threats as major events approach. Corporate & Travel: United is rolling out chef-curated inflight meals for select long-haul Polaris routes, betting on premium dining to stand out. Streaming & M&A Buzz: Roku shares surged after reports of preliminary talks about a potential sale or strategic combination. Sports & Politics: A judge cleared the way for UFC Freedom 250 on the White House lawn for Trump’s 80th birthday, while protests and legal challenges continue to swirl around the spectacle.