Seoul stocks crash 10 percent as leveraged chip ETFs unwind

 

South Korea’s KOSPI index suffered its largest recorded one-day fall on Tuesday, June 23, 2026, dropping 9.99% to close at 8,203.84 and triggering two circuit breakers in a single session. The selloff was led by technology shares after a rapid and disorderly unwinding of newly launched leveraged single-stock exchange-traded funds...

United States SpaceX shares steady after record IPO slide

 

SpaceX shares stabilized on Tuesday, June 23, 2026, after a sharp three-day decline that wiped out about $600 billion in market value. Trading under the ticker SPCX, the stock closed at $156.11, up nearly 1%, following a 16% drop on Monday that took it below its post-IPO closing price of...

France: Whitney Houston estate disputes Oprah drug claim

 

France – Whitney Houston’s estate has publicly challenged a recent account by U.S. television host Oprah Winfrey concerning the late singer’s condition and behavior during a 2009 appearance tied to the promotion of Houston’s final studio album, “I Look to You.” Speaking on June 23, 2026, at the Cannes Lions...

Newark man indicted over multimillion-dollar insider trading

 

NEWARK, N.J. — Federal prosecutors have unsealed a criminal indictment and parallel civil charges accusing Justin Jennings, 27, of Rockaway Township, of orchestrating a $2.7 million insider trading scheme. The U.S. Attorney’s Office for the District of New Jersey and the Securities and Exchange Commission filed the charges on Wednesday,...

Cities Adjust Parking Policies Amid Rising Local Demands

 

United States municipal officials adjusted parking policies this week after local developments and policy reviews prompted congestion, revenue and access concerns. In Casper on Tuesday, city staff proposed permanent changes following a March surge tied to a new drive-through soda shop; Cleveland implemented rate hikes effective Jan. 1, 2026; Carbondale...

DOJ and States Unveil Coordinated Medicaid Fraud Enforcement

 

Portland, Oregon. Oregon Attorney General Dan Rayfield on Tuesday announced new criminal charges against four people alleged to have filed fraudulent Medicaid reimbursement claims, highlighting the state Medicaid Fraud Control Unit's recent work and statistics. Federal authorities this week likewise publicized a national health care fraud takedown that led to...

Midwest primaries drive increase in absentee, early voting

 

Lansing election officials prepared 22,000 absentee ballots weeks before the August primary as volunteers and clerks processed mail ballots and drop-box logistics. This week Michigan jurisdictions, including Detroit, began mailing absentee ballots — Detroit expects about 99,000 — while local offices activated early-voting options expanded by 2018 and 2022 reforms. Monona...

Utah Jazz select Kansas guard Darryn Peterson No.2

 

New York. The Utah Jazz selected Kansas freshman guard Darryn Peterson with the No. 2 overall pick in the 2026 NBA Draft on Tuesday, while AJ Dybantsa went No. 1 to the Washington Wizards. Peterson averaged 20.2 points and 4.2 rebounds per game at Kansas and set the program freshman...

Johnson drafted No. 9, reunited with coach Dusty May

 

New York — The Dallas Mavericks selected Morez Johnson Jr. with the No. 9 overall pick in the 2026 NBA Draft on Tuesday, reuniting the 6-foot-9 forward with Dusty May, who was hired as the Mavericks’ head coach the same day. Johnson transferred from Illinois to Michigan and started on...

Wizards draft Dybantsa; Ament selected amid Antetokounmpo trade

 

Brooklyn — The NBA held its 2026 draft Tuesday at Barclays Center, where the Washington Wizards selected BYU forward AJ Dybantsa with the No. 1 overall pick and the Utah Jazz took Kansas guard Darryn Peterson at No. 2. Miami formally presented Tennessee freshman Nate Ament as the No. 13...