President Donald Trump has once again brought up his call for the U.S. to control Greenland, telling reporters at the NATO summit that kicked off today that the dispute over the territory is what hurt his relationship with NATO.  Greenland is currently autonomous territory of Denmark and is self-governing but Trump has argued that the U.S. should control it because the island territory is surrounded by Russian and Chinese ships. These claims have previously been rejected by Nordic diplomats. Trump went on to suggest that he could pull American soldiers from bases in Europe. In June, Defense Secretary Pete Hegseth announced a review of deployments in Europe, but did not confirm if it would lead to reduction in troops. In May, 4000 personnel were pulled from Poland and Germany but another 5,000 were deployed to Poland just a few weeks after.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Coffee and chocolate, two of the world’s most widely consumed and traded commodities, soared in value as investors appeared concerned El Niño weather patterns could disrupt harvests across Brazil and West Africa, with analysts warning that coffee has approached “meme-stock territory.” Coffee futures jumped as much as 18.5% on Monday, hitting $3.57 per pound in the commodity’s largest intraday gain since 2000, and extending a 48% rally since June 10, before stumbling by more than 7% in early trading Tuesday. Monday’s “historic session” pushed coffee futures into “meme-stock territory,” according to the financial services group StoneX, which said aggressive buying by institutional investors and computer-driven trading funds overwhelmed heavy selling from coffee-producing countries. Learn more about your ad choices. Visit megaphone.fm/adchoices

A leak of private information purportedly related to an ultra-secret society called “Dialog” founded by PayPal billionaire Peter Thiel has revealed the inner workings of an elite group to which hundreds of global leaders, business executives and billionaires belong. The documents, examined and revealed by Wired this week, show Thiel and investor Auren Hoffman co-founded Dialog in 2006 as a private, invitation-only and “bipartisan” network of influential people in technology, politics, academia, finance, government and beyond.  Dialog describes itself as a place for off-the-record relationships among leaders from different fields and ideological backgrounds, and the group hosts at least one in-person retreat per year at at lavish locations like the Ritz-Carlton Dove Mountain in Arizona, the Ritz Carlton in Santa Barbara, California and the San Clemente Palace in Venice. Learn more about your ad choices. Visit megaphone.fm/adchoices

Iran could have access to up to $300 billion in reconstruction funds if it adheres to a peace agreement it recently struck with the U.S., according to Vice President JD Vance and multiple reports, though official terms of the deal remain scarce as President Donald Trump has seemingly denied the payout as “fake news.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Fox Corporation on Monday announced it reached an agreement to buy the streaming service Roku for $22 billion, expanding Fox’s streaming portfolio in a transaction the companies said would create the “third-largest player in U.S. television.” Fox said it would acquire Roku for $160 per share in a deal the companies expect to include $400 million in savings. Fox CEO Lachlan Murdoch, the eldest son of billionaire Rupert Murdoch, called the deal a “defining moment” for Fox that brings “together the most valuable live content portfolio and video consumption with the preeminent streaming platform through which America watches it.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Elon Musk just became the first trillionaire in world history. SpaceX’s stock began trading on the Nasdaq Friday at $150 per share, implying a nearly $2 trillion market cap for the company. Forbes estimates that Musk is now worth $1.1 trillion as of just before noon eastern Friday, up from $982 billion on Thursday, when SpaceX priced its IPO at $135 share. The IPO pricing boosted Musk’s fortune by $188 billion yesterday, according to Forbes’ calculations.  Musk, who serves as chairman, CEO and chief technical officer of SpaceX, owns 4.8 billion shares of the rocketmaker, worth $715 billion. He has another 350 million stock options with an exercise price of $8.40 per share, worth $50 billion, giving him a 38% stake in the company, worth $765 billion. Before SpaceX priced its IPO on Thursday, Forbes had been valuing Musk’s estimated 40% stake (before dilution from the offering) at around $500 billion, based on the $1.25 trillion valuation of SpaceX’s merger with Musk’s artificial intelligence and social media company xAI in February. (xAI previously merged with X–formerly Twitter–in March 2025.)  Musk also owns just over 10% of $1.5 trillion (market cap) Tesla, worth $163 billion, plus options to acquire another nearly 8% stake, worth $113 billion. Rounding out his net worth are smaller stakes in his brain interface startup Neuralink and his tunneling firm Boring Company, plus several billion dollars’ of wealth from previous Tesla share sales. Learn more about your ad choices. Visit megaphone.fm/adchoices

Larry Ellison’s fortune declined by more than $10 billion on Tuesday, dropping him behind Jeff Bezos to the No. 5 spot among the wealthiest as Oracle shares stumbled amid another broad decline for tech stocks. Shares of Oracle dropped by more than 4% as of Tuesday afternoon, extending losses of 17% over the last week, as other tech stocks headlined declines across the stock market, including Marvell (11.5%), AMD (7.2%), Micron (5.9%), Apple (3.8%) and Nvidia (2.6%). The latest intraday slide for Oracle lowered Ellison’s net worth by $10.4 billion, valued at $249.7 billion, ranking him behind Amazon’s Bezos ($252 billion) and Google cofounders Sergey Brin ($272.7 billion) and Larry Page ($295.6 billion), according to Forbes’ Real-Time Billionaires list. Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation rose to its highest annual rate in three years in May, as surging oil costs once again fueled broader price increases amid a persistent conflict in the Middle East, according to federal data released Wednesday. Consumer prices increased 4.2% from May 2025 and 0.5% between April and May, the Bureau of Labor Statistics reported, matching consensus economist estimates, according to FactSet. That’s the first time inflation crossed the 4% annual rate since May 2023 (4%), and it’s the highest rate since April 2023 (4.9%). Learn more about your ad choices. Visit megaphone.fm/adchoices

OpenAI has confidentially filed an S-1 form for an initial public offering, the company said in a brief statement on Monday, about one week after artificial intelligence rival Anthropic did the same as several of the largest companies in the industry prepare to go public. In a brief statement released on Monday evening, OpenAI said it expected news of the confidential filing to leak, prompting it to announce the filing early. The company said it hasn’t decided when the highly anticipated IPO would take place, warning that quote “it may be a while because there are things we want to do that are likely easier as a private company.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Elon Musk early on Monday boosted unsubstantiated claims questioning the results of the primary elections in California, focusing specifically on the Los Angeles Mayoral primary, as the progressive Democratic candidate Nithya Raman overtook Republican Spencer Pratt's vote count, putting her on track to join incumbent mayor Karen Bass in a runoff. According to the Associated Press, 83% of the votes have been tallied so far in the Mayoral primary and Raman has secured 27.1% of the vote, putting her narrowly ahead of Pratt, who has 26.7%. AP has already called the race for Bass, who is moving ahead to the runoff, where she will be joined by either Pratt or Raman. Pratt, a former reality star whose campaign borrowed President Donald Trump’s playbook and leaned on dissatisfaction over Bass’ handling of last year’s wildfires, was leading Raman when the first tranche of votes was released last Tuesday night. Learn more about your ad choices. Visit megaphone.fm/adchoices