China disagreed with the U.S. decision to put several Chinese companies on a list of military-related firms. The U.S. added these companies to limit their access to defense contracts, but China said this went against agreements made during President Trump and Xi Jinping’s recent meeting.
Key Facts
The U.S. Pentagon added companies like BYD, Alibaba, and Baidu to a list of Chinese firms linked to the military.
Being on this list stops the companies from getting U.S. defense contracts.
China says this move ignores promises made during President Trump and Xi Jinping’s summit in Beijing last month.
China claims the U.S. is unfairly using national security as a reason to target Chinese businesses.
BYD, Alibaba, and Baidu stated there is no real reason for them to be on the list.
During the summit, both leaders agreed to improve trade and economic relations, including more Chinese purchases of U.S. goods.
The U.S. trade restrictions could affect future cooperation and trade between the two countries.
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SpaceX’s stock began trading on Wall Street with a value of $2.1 trillion, rising 19.2% on its first day. Because many investment funds follow major stock indexes, SpaceX’s inclusion in these indexes could affect many investors’ retirement accounts, like 401(k) plans.
Key Facts
SpaceX’s market value reached $2.1 trillion on its initial public offering (IPO).
Its stock rose 19.2% during its debut on the stock market.
Stock indexes track groups of large companies to show how the market is doing overall.
Many investors use index funds that copy these indexes because they cost less and often perform better than actively managed funds.
SpaceX is likely to join major stock indexes soon if it meets size and other rules.
When a company joins an index, its stock price often goes up.
Index funds have grown more popular than actively managed funds, with more money invested in them since 2024.
Nasdaq changed rules to allow very large companies, like SpaceX, to join its Nasdaq 100 index quickly after just 15 trading days.
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President Donald Trump will talk with allies at the upcoming G7 summit in France about clearing mines from the Strait of Hormuz, a key waterway. Meanwhile, Pakistan says a deal to end the war involving Iran is very close, with plans for signing soon, though Iran remains cautious about the timing.
Key Facts
President Trump plans to discuss removing mines from the Strait of Hormuz at the G7 summit.
Britain and France are interested in helping clear the mines once fighting stops.
Trump will also meet leaders from Egypt, Qatar, and the UAE to discuss ending the Iran conflict.
Pakistan’s Prime Minister Shehbaz Sharif said a peace deal is closer than ever and might be signed within 24 hours.
The deal aims to end the war but does not address Iran’s nuclear program at this stage.
Iran’s foreign ministry says the agreement might not happen immediately but could occur soon.
Funeral ceremonies for former Iranian Supreme Leader Ayatollah Ali Khamenei are scheduled for July.
The White House has not publicly commented on the peace deal reports.
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New York passed a law requiring 3D printers sold for home and business use to have technology that blocks the printing of gun parts. This law aims to stop the production of untraceable "ghost guns," which have been increasingly used in crimes. California is considering a similar law, and experts will develop software to detect and reject gun designs before printing.
Key Facts
Some people use 3D printers to make guns or gun parts, often called "ghost guns" because they lack serial numbers.
Ghost guns avoid background checks and are hard for police to trace.
New York’s law focuses on the printer technology, not people who print guns.
About one-third of U.S. states regulate or ban homemade guns without serial numbers.
3D printers can cost a few hundred to thousands of dollars and make many items, including firearms.
The number of homemade guns used in crimes grew from about 1,600 in 2017 to nearly 27,500 in 2023.
New York and California plans involve using software to detect gun parts in designs before printing.
This new technology could become a standard for 3D printers and influence other states’ gun regulations.
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Comedian Bill Maher criticized the plan to hold a UFC fight event at the White House on President Donald Trump’s 80th birthday. He made these remarks during his Friday night show, commenting on the unusual choice of celebration.
Key Facts
Bill Maher is a late-night TV host and comedian.
A UFC fight event is scheduled to take place at the White House.
The event is planned for Sunday, which is President Trump’s 80th birthday.
Maher mocked the event, calling it a strange way to celebrate.
This UFC event at the White House is a notable and rare occasion.
President Donald Trump is the 47th president and was recently re-elected in 2024.
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Workers have started removing President Donald Trump's name from the John F. Kennedy Center for the Performing Arts in Washington, DC, following a court decision. A judge ruled that only the US Congress has the power to rename the building and ordered the name removal within 14 days.
Key Facts
A US District Judge, Christopher Cooper, ruled that renaming the Kennedy Center without Congress’s approval was illegal.
The judge set a 14-day deadline for removing President Trump's name from the building.
The Kennedy Center’s board, stacked with Trump supporters, had added his name in December 2023.
Some artists canceled performances after the center was renamed.
Judge Cooper also blocked President Trump's plan to close the center for two years for renovations.
President Trump said he no longer wants to be involved with the Kennedy Center after the court ruling.
President Trump has a history of putting his name on buildings and projects across the US.
The removal work is being done behind a white awning to keep it out of public view.
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Young the Giant is a band that became popular in 2010 with songs like "My Body" and "Cough Syrup." They have a new album called "Victory Garden," and they performed their song "Mind Over Matter" in a CBS News Saturday Sessions video.
Key Facts
Young the Giant became well-known in 2010.
Their hits include "My Body" and "Cough Syrup."
These songs have over 400 million streams on Spotify.
Their latest album is called "Victory Garden."
They performed "Mind Over Matter" on CBS News Saturday Sessions.
The video is available on the CBS News app and website.
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Young the Giant is a band known for popular songs like "My Body" and "Cough Syrup." They have more than 400 million streams on Spotify. The band recently released a new album called "Victory Garden" and performed the song "Evergreen" on CBS News Saturday Sessions.
Key Facts
Young the Giant gained popularity starting in 2010.
Their songs "My Body" and "Cough Syrup" have over 400 million streams on Spotify.
The band’s latest album is called "Victory Garden."
"Victory Garden" is currently available to listen to.
Young the Giant performed the song "Evergreen" on CBS News Saturday Sessions.
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The band Young the Giant performed their song "Different Kind of Love" on CBS News Saturday Sessions. Young the Giant became popular in 2010 with hits like "My Body" and "Cough Syrup," which have been streamed over 400 million times on Spotify. Their latest album, "Victory Garden," is currently available.
Key Facts
Young the Giant performed the song "Different Kind of Love" on CBS News Saturday Sessions.
The band first gained attention in 2010 with songs "My Body" and "Cough Syrup."
Those two songs have more than 400 million streams on Spotify.
Their newest album is called "Victory Garden."
The performance was shared through the CBS News app and website.
Young the Giant continues to be active in the music scene with new work.
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About 200 people protested on Albania’s Adriatic coast by taking down fences around a luxury resort construction site. They are upset because the land was taken from local villagers and is in an environmentally sensitive area.
Key Facts
The protest happened near Vlora, Albania, known for flamingos and turtle nesting sites.
The protesters are mostly villagers from Rrjoll who say their land was seized.
Some clashes happened with police, but the protesters removed the fences.
The luxury resort is backed by an Albanian company and has support from the government as a “special status investor.”
The villagers want compensation and say the investors refused to talk with them.
The protests have been ongoing for weeks due to concerns about environmental damage and land rights.
The resort project is considered a five-star tourist development.
The project is linked to a company connected to Jared Kushner, the son-in-law of President Donald Trump.
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The UFC is hosting an event called Freedom 250 on the White House lawn to celebrate President Donald Trump’s 80th birthday. CBS News provided a behind-the-scenes look at how the event area was set up.
Key Facts
The event is called UFC Freedom 250.
It will take place on the White House lawn.
The occasion is President Donald Trump’s 80th birthday celebration.
CBS News shared a behind-the-scenes report on the setup.
The event is scheduled for Sunday evening.
The UFC is a mixed martial arts organization known for fighting competitions.
The White House lawn is typically used for official ceremonies and special events.
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The Pentagon released a new set of UFO files on Friday. This is part of ongoing efforts by the Trump administration to share information about unidentified flying objects with the public.
Key Facts
The Pentagon unveiled a third group of UFO files.
The release happened on a Friday.
These disclosures come during President Donald Trump’s administration.
The files provide more information about unidentified flying objects (UFOs).
CBS News covered the release and offers videos to watch.
The disclosures are part of a larger effort to make UFO information public.
The files are available through various platforms, including the CBS News app.
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Senator John Fetterman criticized Graham Platner, the Democratic nominee for the Maine Senate race, saying Platner is not a true Democrat. Fetterman expressed this opinion during an interview on Fox News.
Key Facts
Senator John Fetterman represents Pennsylvania as a Democrat.
Graham Platner is the Democratic candidate in the Maine Senate race.
Fetterman said Platner is “not even a Democrat.”
Fetterman made the comments during an interview with Laura Ingraham on Fox News.
Fetterman mentioned the Democratic Party is reluctantly supporting Platner due to limited options.
Platner has faced scandals, according to Fetterman’s statement.
The comments highlight divisions or tensions within the Democratic Party.
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Senator Adam Schiff criticized the economic system for creating very wealthy individuals like Elon Musk while many Americans still do not have access to health care. He highlighted a problem where wealth is concentrated at the top but basic needs for many are unmet.
Key Facts
Senator Adam Schiff made the statement on Friday.
He called the system "corrupt" for producing extreme wealth.
Elon Musk is the first person to become a trillionaire.
Many Americans lack access to health care.
Schiff spoke about the economic inequality in the U.S.
The comment was posted on the social media platform X.
Schiff is a Democratic senator from California.
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Elon Musk became the first person in the world to have a net worth of one trillion dollars. This happened after SpaceX, his space company, sold shares to the public for the first time, in what became the biggest stock market offering ever.
Key Facts
Elon Musk reached a net worth of one trillion dollars.
SpaceX had its initial public offering (IPO), which is when a company sells shares to the public for the first time.
The SpaceX IPO was the largest in the history of the stock market.
This milestone made Musk the richest individual globally.
The event was reported recently on a Friday.
Shares of SpaceX are now available for public trading.
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Reports and testimonies show that sexual violence occurs in Israeli prisons. Investigations and witness accounts indicate this abuse is part of a larger, ongoing problem.
Key Facts
Sexual violence has been reported inside Israeli prisons.
The abuse is documented through testimonies and official reports.
The pattern of abuse is widespread and not isolated.
Some reports suggest that offenders act without facing punishment.
The issue is part of a broader concern about prisoner treatment in Israel.
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The U.S. government led by President Trump is close to signing a deal with Iran that would reopen an important shipping route and end a conflict. The agreement would involve Iran reducing its nuclear materials used for weapons, but exact details are still being finalized.
Key Facts
The U.S. expects to sign a deal with Iran soon to end the war between them.
The deal could reopen the Strait of Hormuz, a key waterway for trade and oil shipments.
The U.S. would lift its blockade on Iranian ships as part of the agreement.
Iran would have to destroy or remove its enriched uranium, which can be used to build nuclear weapons.
Enriched uranium means uranium that has been processed to increase a special part called uranium-235.
President Trump has demanded Iran hand over this "nuclear dust" for destruction.
Iran previously rejected stopping uranium enrichment completely, calling that a violation of their rights.
The 2015 nuclear deal limited Iran’s uranium enrichment and stockpiles but was abandoned by President Trump in 2018.
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New York City Mayor Zohran Mamdani is actively supporting other left-wing candidates in upcoming elections. He endorses politicians who share his progressive and socialist values, aiming to build a stronger group of lawmakers like himself and advance his policies.
Key Facts
Zohran Mamdani is the mayor of New York City and was elected six months ago.
He supports leftist politicians aligned with socialist and pro-Palestinian views.
Mamdani has endorsed candidates challenging current officeholders backed by established Democrats.
These include Brad Lander, Claire Valdez, and Darializa Avila Chevalier.
Mamdani's backing has caused some criticism within his own political group, the Democratic Socialists of America (DSA).
He believes that electing more like-minded politicians is needed to pass his agenda on affordability and other issues.
Mamdani’s support is part of a wider effort to grow the number of democratic socialist legislators in New York.
His endorsements are seen as strategic moves to consolidate power and influence across key districts in the city.
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Haji Najibullah, a former Taliban commander, faced court in Manhattan for his role in the 2008 kidnapping of US journalist David Rohde. Najibullah pleaded guilty to hostage-taking and supporting terrorism, culminating in a 42-year prison sentence after Rohde and two others were held hostage for seven months.
Key Facts
Najibullah was a Taliban commander involved in violent attacks and the kidnapping of David Rohde in 2008.
Rohde, a former New York Times reporter, was held hostage for about seven months along with two Afghan associates.
Najibullah pleaded guilty on April 25, 2025, to hostage-taking and providing material support to terrorism that caused deaths.
Rohde was forced at gunpoint to make ransom videos and was moved between safe houses.
The kidnapping began after a planned interview that Najibullah used to capture Rohde and his team.
Rohde left letters for his family before the kidnapping, warning them not to publicize if he was taken.
Najibullah used the kidnapping to demand ransom and the release of Taliban prisoners.
The court sentenced Najibullah to 42 years in prison, ending a long legal case.
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