The global airline industry is bracing for a major financial hit as rising fuel costs tied to the war involving the United States, Israel and Iran threaten profitability. Industry leaders say jet fuel prices could surge 70% year over year, adding billions in costs and potentially driving up airfares for travelers.

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Qween Jean made Tony Awards history as the first openly transgender person to win a Tony, earning Best Costume Design of a Musical for “Cats: The Jellicle Ball.” The activist and designer used her acceptance speech to celebrate queer and trans communities while helping the production cap off a successful night on Broadway.

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Bitcoin has dropped to its lowest level since 2024, marking a dramatic decline from its record highs and adding to concerns about the state of the cryptocurrency market. The downturn comes amid broader economic uncertainty and as Congress delays consideration of major cryptocurrency legislation, including the CLARITY Act. Analysts are closely watching whether the latest selloff signals a temporary correction or a deeper shift in investor sentiment.

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A federal judge has struck down a Trump administration immigration policy that affected multiple stages of the legal immigration process, including asylum applications, work permits, green cards and citizenship. The ruling comes as immigrant advocacy groups continue to challenge broader immigration policies affecting communities across the country, including African and Caribbean immigrants.

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The U.S. economy added more jobs than expected in May, but the benefits were not evenly distributed. New labor market data shows Black workers continue to experience higher unemployment rates than white workers, while economists point to declining labor force participation and rising long-term unemployment as ongoing concerns. The report highlights persistent disparities that have remained in place for decades.

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Prince Rogers Nelson remains one of the most influential artists in music history. From redefining the boundaries of funk, rock, soul and pop to fighting for artistic ownership and creative freedom, Prince left a legacy that continues to inspire generations. As fans mark what would have been his 68th birthday, his music and message remain as powerful as ever.

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A new report from Citibank finds that racial disparities in income, wealth and business ownership continue to have far-reaching consequences for Black Americans and the broader economy. The analysis shows significant gaps in earnings and family wealth while estimating that closing those disparities could create millions of jobs and generate trillions of dollars in economic activity.

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John Bolton, who served as President Donald Trump's national security adviser, has agreed to plead guilty to a single felony count related to retaining classified national security information. Under the plea agreement, Bolton will pay $2.25 million and could face a sentence ranging from probation to five years in prison. The case centers on diary entries containing top-secret information that prosecutors say he improperly shared while working on his memoir.

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A bipartisan coalition in the House of Representatives voted to advance a resolution aimed at limiting President Donald Trump's ability to wage war against Iran without congressional authorization. Supporters argue Congress must reassert its constitutional role in decisions involving military action, while opponents question the measure's practical effect and legal authority.

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Peabo Bryson, the Grammy-winning singer known for timeless hits including "If Ever You're in My Arms Again," "Can You Stop the Rain," "Beauty and the Beast" and "A Whole New World," has died at 75. The South Carolina native built a remarkable career across R&B, pop and adult contemporary music, earning acclaim for his solo work and unforgettable duets with artists including Roberta Flack, Regina Belle, Angela Bofill and Celine Dion.

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