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Tuesday, June 2, 2026 |
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Good Morning! On this day in 1953, Princess Elizabeth was crowned Queen Elizabeth II at Westminster Abbey, the first coronation ever televised, watched by an estimated 27 million people in Britain alone. Tens of thousands are making a yearly pilgrimage to one spot in Michigan to catch the country's most spectacular display of peonies in full bloom. Check out our story below. Grocery prices just hit a four-year high, and your beef, tomatoes, and morning coffee are leading the charge. What is actually driving these numbers? Will the high prices continue? On today's episode of The Flyover Podcast, Ayla has the scoop. Plus, stick around for exclusive tips on how to keep more money in your pocket at the checkout line. Tune in here! Later today, you’ll receive a message from our sponsor, Doroni Aerospace, about a current investment opportunity and its work to bring flying cars to neighborhoods as soon as 2028. Today's sponsor, Anchor Point, is offering a free guide explaining how investors age 59½ and older can use existing retirement accounts to own physical gold ahead of major changes that could expand precious metals access inside retirement portfolios |
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Trump Unfazed as Iran Suspends Talks
Iran's state media said Monday that Tehran is suspending talks with the U.S. over Israel's offensive in Lebanon, and warned it could move to close the Strait of Hormuz. President Trump said Iranian officials didn't warn him of any change in negotiations and wasn't worried, telling reporters, "If they don't want to talk, that's OK with me." Oil jumped more than $6 a barrel. Hours later, Trump posted on Truth Social that Israel and Hezbollah had agreed to stop fighting after his calls, and that no Israeli troops would enter Beirut. He added that talks with Iran were actually "continuing, at a rapid pace," capping a chaotic day in the three-month war. |
Florida Sues ChatGPT Maker OpenAI
Florida sued ChatGPT maker OpenAI and its CEO, Sam Altman, on Monday, accusing the company of prioritizing profit over safety and of pushing a product it knew could harm users. The suit claims ChatGPT aided and abetted mass shooters, alleging the Florida State University gunman consulted it about firearms and campus locations before an attack that killed two. It's the first such state lawsuit and seeks to hold Altman personally liable. A number of other families have also sued, tying the chatbot to suicides and delusions. It lands as a new study finds one in five young people, about 8 million, lean on chatbots for mental health advice. |
List: World's Largest Armies
The world's largest army in 2026 isn't China, Russia, or the U.S. It's Bangladesh, which tops a new ranking of total military personnel with about 7 million. The catch is that Bangladesh fields only around 204,000 active troops. Its No. 1 spot comes almost entirely from a vast network of reserves and paramilitary forces. Vietnam ranks second, and war-torn Ukraine third, both built on huge reserve systems rather than large standing armies. Counting only active-duty troops flips the list: China leads with roughly 2 million, followed by India, Russia, and the U.S., which still holds the world's largest defense budget. Here's the full ranking of national armies.
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The following stories are featured exclusively on The Flyover Podcast—a daily show that gives you the most important headlines in under 15 minutes. Clicking the links will take you directly to these stories: ➤ Grocery prices just hit a four-year high, and experts say relief is unlikely soon. (Hear Details) ➤ President Trump's Pentagon ban on transgender troops was ruled likely unconstitutional by a federal appeals court. (Hear Episode) ➤ A tunnel stretching nearly 900 feet toward the U.S. border has been uncovered beneath a Tijuana neighborhood. (Listen Now) 
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➤ The Trump administration said Monday it would temporarily pause a $1.8 billion fund meant to compensate people who feel they were “victims of lawfare and weaponization," complying with a court order issued last week. (More) ➤ Californians vote today in primaries for key races, including governor, where former HHS Secretary Xavier Becerra, a Democrat, leads the crowded early field to succeed Gov. Gavin Newsom. (More) ➤ The Trump administration proposed new rules that would allow officers to reject immigration asylum claims without doing interviews first when migrants fail to meet initial screening criteria, speeding up the process. (More) ➤ Tina Peters, the former Colorado county clerk convicted of tampering with election equipment, was released from prison Monday after Gov. Jared Polis commuted her sentence last month. (More) |
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| Flying together with our sponsor 
Executive Order #14330 Could Impact Your Retirement Account Here's What Happens Next President Trump signed Executive Order #14330 — a sweeping change that could forever alter retirement accounts. For the first time ever, physical precious metals like gold are being formally opened to retirement portfolios. The order is set to take effect in 2027, and J.P. Morgan projects a massive wave of demand could send gold prices toward $8,500 per ounce. But here's what most people don't realize: you don't have to wait. If you’re 59½ or older, you can move part of your 401(k) or IRA into gold, today — tax-deferred and penalty-free. Meaning you can beat the rush to gold, AND preserve the tax advantages of your account. With Executive Order #14330 now signed, the timing has never been clearer:
Gold prices rose 64% in 2025
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Ray Dalio recommends a 10-15% gold allocation for all portfolios
We've created a free guide that explains how to buy physical gold with your retirement account. Yes, Send Me My FREE Retirement-to-Gold Guide. |
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➤ The Cleveland Browns traded Myles Garrett, two-time Defensive Player of the Year, to the Los Angeles Rams yesterday for Jared Verse, a 2027 first-round pick, and additional draft assets. Garrett set the NFL's single-season sack record last year with 23. (More) ➤ Serena Williams is returning to tennis on June 8. The retired 23-time Grand Slam champion accepted a doubles wild card at the Queen's Club Championships, her first competitive match since the 2022 U.S. Open. (More) ➤ The Stanley Cup Finals open tonight in Raleigh as the Carolina Hurricanes host the Vegas Golden Knights. Carolina has lost just one game this postseason, but Vegas arrives on a six-game winning streak after sweeping the Colorado Avalanche. (More) ➤ NFL quarterback Russell Wilson accepted a broadcasting role with CBS, ending his 14-year playing career. The 37-year-old turned down a backup offer with the Jets. (More) ➤ Denny Hamlin won the rain-delayed Cracker Barrel 400 at Nashville Superspeedway on Sunday night after a start penalty dropped him from the pole to last in the 38-car field. He fought back to lead 57 laps and beat Christopher Bell by 0.115 seconds. (More) ➤ Yesterday's Results: MLB | Soccer | NCAASB | NCAAB | WNBA | Tennis |
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Daily Market Report 06/01/2026
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NASDAQ National Association of Securities Dealers Automated Quotations |
27,086.81 |
0.42%
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SPX S&P 500 |
7,599.96 |
0.26%
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DJI Dow Jones Industrial Average |
51,078.88 |
0.09%
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BTC Bitcoin |
$71,474.98 |
-2.86%
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GOLD Per Ounce |
$4,513.60 |
-1.03%
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SILVER Per Ounce |
$75.11 |
-0.67%
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OIL West Texas Intermediate Crude |
$92.28 |
5.63%
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FLNC Fluence Energy Inc. |
$27.13 |
+43.70%
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Bitcoin, gold, silver, and oil are traded 24 hours a day. ➤ Big Stock Move: Fluence Energy stock jumped over 43% Monday on news that it would provide battery energy storage systems to help AI data centers operate reliably in limited power environments. (More) ➤ Barry Diller's media company People Inc. submitted an $18 billion offer Monday to acquire all remaining shares of MGM Resorts at $48.30 per share, a 24% premium, with MGM's stock jumping more than 10% on the news. (More) ➤ Retailers had a surprisingly solid first quarter, but analysts warned the boost may be fading, as higher-than-usual tax refunds run out and fuel prices climb. (More) ➤ Red Lobster is closing its Times Square flagship on June 14 after more than 20 years, citing ongoing construction that hurt foot traffic and the building's planned conversion to residential use. (More) Flying together with our sponsor ➤ The $100 Billion IPO Everyone Is Watching. Elon Musk’s Starlink project could become one of the biggest IPOs in history, and investor James Altucher says there may still be a way for regular investors to position early for less than $100. He’s even revealing the free ticker behind his top pick. (More) |
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| Flying together with our sponsor The IRS loves it when you pass down cash to your kids or grandkids. Bank accounts and brokerage statements are reported. Easy to track. Easy to tax. But certain gold coins are classified as non-reportable under IRS rules—no tax forms, no CPAs, nobody notified when you sell. These assets sit outside the banking system. Yet… you can buy them using your retirement account, tax-deferred and penalty-free. The Quiet Wealth Playbook reveals which coins qualify and how to get started. |
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➤ Nvidia unveiled Cosmos 3, an AI that helps robots and self-driving cars understand how the physical world works so they can better predict what's around them and move through it. (Read More) ➤ Researchers tracked nearly 200,000 adults for about 30 years and found that diet quality mattered more than whether the diet was low-carb or low-fat. The key to heart health was eating more whole grains, vegetables, and healthy fats, and fewer processed foods. (See Details) ➤ Three factors make some people far more likely to see ghosts: sensitivity to environmental cues, neurological events like sleep paralysis, and a personality prone to magical thinking and belief in the paranormal, a psychologist says. (See Factors) Flying together with our sponsor ➤ Eye Doctors Alarmed by Vision Threat Standard Exams Miss. More people now suffer age-related vision loss than ever—yet routine exams don't screen for it. A study found four specific nutrients improved tear production by 10%, cut dryness in half, and
sharpened vision by a full eye-chart line. Learn More |
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➤ Boomers are choosing family trips over leaving inheritances for their heirs, with nearly half saying they'd rather fund a vacation of a lifetime than leave money behind. (See Ideas) ➤ Four Seasons, the luxury hotel brand, launched its first-ever cruise ship from Spain, a 95-suite yacht with 11 restaurants and a 10,000-square-foot suite that spans four decks. Seven-night sailings start at $22,900. (See Ship) ➤ Route 666 to Hel returns to Poland's coast, ferrying summer travelers from Kraków to the seaside town of Hel three years after religious objections forced a rename. (See Route) Flying together with our sponsor ➤ It's a bad time to be a mosquito...This powerful anti-mosquito device is transforming backyards by silently eliminating thousands of mosquitoes overnight, without chemicals or noise. Learn More |
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➤ Red stripes once dismissed as a natural quirk on a Welsh cave wall have been declared Britain's oldest known art, painted by human fingers 17,100 years ago. (See Art) ➤ Peony lovers flock to the University of Michigan each spring, where a historic garden draws some 100,000 visitors to one of the world's largest collections of pre-1950 blooms. (See Garden) ➤ Menswear pros have decided on the appropriate length for men's shorts this summer: right around the knee, with a 7- to 9-inch inseam. (See Verdict) |
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Daily Quote
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"Sam Altman and ChatGPT have chosen the AI race over the safety and security of our kids." — James Uthmeier, Florida attorney general, announcing the state's lawsuit against OpenAI |
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