A U.S.-brokered, three-day ceasefire between Russia and Ukraine begins, as Moscow marks WWII Victory Day with a scaled-back parade. Virginia's Supreme Court strikes down a Democratic congressional map, while Louisiana's redistricting battles roiling early voting. Reform UK emerges as the big winner in British local elections. Plus, the fate of LIV Golf's players after Saudi Public Investment Fund pulls funding.

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President Donald Trump insists the ceasefire is holding after U.S. and Iranian forces clash in the Gulf. A Reuters investigation reveals $7 billion of well-timed bets on falling oil prices were placed just before Trump’s Iran announcements. UK Prime Minister Keir Starmer's Labour party hemorrhages support in local elections. Tennessee Republicans carve up Memphis's majority-Black congressional district. And Sir David Attenborough celebrates his 100th birthday.  Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

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Iran weighs a U.S. peace proposal, but negotiators say the gulf between Tehran and Washington remains wide. Brazil’s President Luiz Inacio Lula da Silva heads to the White House for a high-stakes meeting. A note, purportedly written by Jeffrey Epstein, surfaces. Ted Turner, the man who built CNN, has died. And Diet Coke parties become all the rage in India as the Iran war sparks a can shortage.  Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

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U.S. President Donald Trump says there’s progress on ending the Iran war and pauses a mission to escort ships through the Strait of Hormuz. Democrats see veteran populist Sherrod Brown as their best bet to retake Ohio, and the Senate. Millions of soccer fans in India and China might not be able to watch next month’s World Cup. And the world’s most consumed staple – rice – is under threat because of fertilizer shortages and soaring fuel costs from the Iran war.  Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

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U.S. intelligence says months of war with Iran have barely dented Tehran's path to a nuclear bomb. Meanhile both countries launch new attacks as they wrestle for control of the Strait of Hormuz. Around 150 passengers are confined to their cabins amid a hantavirus outbreak on board a cruise ship. The collapse of Spirit Airlines sparks a Washington blame game. Stars walk the carpet at the Met Gala on fashion's big night. Plus, Reuters wins two Pulitzer Prizes. Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

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President Donald Trump says the United States will start helping to free ships stranded in the Gulf by the U.S.-Israeli war on Iran. A tense ceasefire with Israel frays in Lebanon. Former New York City Mayor Rudy Giuliani has been hospitalized. Plus, the fashion world gears up for the Met Gala – as protesters object to Jeff Bezos’ involvement.

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President Donald Trump says the U.S. could restart strikes on Iran if Tehran “misbehaves.” Europe reckons with the withdrawal of thousands of U.S. troops. Airlines work to help stranded Spirit passengers after the budget carrier collapses. Robotic legs help Hong Kong fire survivors climb to retrieve their possessions from the damaged residential towers. Plus, Timmy the whale is transported from near Germany’s coast to the open ocean.

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The Pentagon says its pulling 5,000 troops from Germany, while the White House is fast-tracking $8.6 billion in weapons sales to Israel and Middle East allies, bypassing Congress. U.S. President Donald Trump is raising tariffs on EU cars and trucks to 25%. Al Qaeda-linked insurgents have seized territory in Mali, threatening Russia's influence in West Africa. Spirit Airlines is shutting down following the economic shock of the Iran war. Plus, a new Banksy statue appears in London.

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The White House says the U.S.-Iran war is “terminated” for the purposes of an approaching congressional war powers deadline, even as President Donald Trump huddles with military leaders over potential new strikes. Oil briefly spiked past $126 a barrel, pushing U.S. inflation to its highest year-on-year rise since May 2023. Trump signs an end to the 11-week partial government shutdown, restoring funding to most of Homeland Security. And in Australia hundreds clash with police demanding retribution for the murder of a five-year-old Indigenous girl.  

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Federal Reserve Chair Jerome Powell’s last act: holding rates and a pledge to stick around as a governor. The Pentagon puts a $25 billion price tag on the Iran war so far. The U.S. Supreme Court guts a key provision of the Voting Rights Act, in a move that could reshape voting across the South. And for the average price of a car in the U.S., you could buy five brand new Chinese EVs. Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

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Former FBI Director James Comey faces charges over a deleted Instagram post showing the numbers "86 47" arranged in seashells. U.S. President Donald Trump’s approval rating drops to its lowest point this term. King Charles makes a speech to Congress. And the FCC orders a review of Disney’s ABC station licenses as the White House turns up the heat on late-night host Jimmy Kimmel over a joke about Melania Trump. Listen to the Morning Bid podcast ⁠⁠here⁠⁠.

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