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From NPR News: 06-12-2026 12AM EDT — Jun 12, 2026
NPR News: 06-12-2026 12AM EDT — Jun 12, 2026 — starts at 0:00
Live from NPR News in Washington. I'm Dan Roman. President Trump said Thursday the U. S. cancelled planned military strikes against Iran because he said a peace agreement is imminent. However, he said a naval blockade will remain in effect until the deal is finalized. When asked if negotiators had secured an agreement to stop Iran from having a nuclear weapon, he responded yes conceptually . Speaking to reporters , Trump insists a deal is close. We just made a great settlement of the war with Iran , and we're going to be subject to finalization of documents. We should get done over the next few days . We probably have a signing maybe in Europe . There's been no official confirmation from Iran that an agreement is close. It's official Ivon Musk's SpaceX. It's pulled off the biggest IPO in history NPR's John Rudich has more. The previous record holder for the biggest IPO was the Saudi oil company Saudi Aramco. It raised nearly thirty billion dollars when it listed in twenty nineteen. SpaceX will more than double that with a seventy five billion dollars payload. The company has confirmed that it will sell more than five hundred fifty five million shares at one hundred thirty five dollars each. SpaceX has big plans for spending the money to grow its rocket, satellite communications and artificial intelligence businesses . The listing will open SpaceX up to a new level of scrutiny though, because it'll have to publish quarterly and annual financial reports. Some analysts say investing in SpaceX is a bet on Elon Musk, who will be firmly in control. He is CEO, board chairman, and holds more than eighty percent of voting power among shareholders. John Ruich and PR news. Pope Leo is focusing on refugees as he wraps up his visit to Spain this week. NBR's Jason Durose reports the pontiff says the gospel demands the world must take action. Pope Leo's visit to Spain's grand canary off the coast of Africa highlights a central theme of his papacy the care Christians are called to extend to migrants in need , in this case people fleeing famine, war and abuse. The Pope spoke at a port where refugees arrived, notorious for its squalid conditions known as the Dock of Shame. Speaking in Spanish, Leo said here there are people rescued from the sea and lifeless bodies recovered from the waters. Popleo said humanity shouldn't grow accustomed to counting the dead and that human dignity has no passport . Jason Derose NPR News The average thirty year mortgage rate increas ed this week to six point five two percent just below its high for the year. That's according to mortgage buyer Freddie Mac. It's another sign the U. S. Israeli war against Iran is impacting the economy. Wall Street rallied Thursday amid lower oil prices in a possible peace deal between the United States and Iran, the Dao, the NASDAQ, and the SNP all had strong gains. This is NPR. The Carolina Hurricanes now lead hockey's Stanley Cup final, three games to two after defeating the Las Vegas Golden Knights by the score of four to two Thursday in Raleigh. Carolina can win its first Stanley Cup since two thousand six Saturday night if they win that next game. The twenty twenty six World Cup is underway. Mexico, one of the three host nations, beat South Africa to nothing in the famed Aztec stadiuma in Mexic o on Thursday . In Los Angeles, thousands of Mexican fans attended a watch party at the Colosseum. Steve Butterman was there . It was a festive gathering the fans, most dressed in the Mexican team colors of green, white, and red cheered wildly when Mexico jumped in front one to nothing. El Tree, as the Mexican team is called, ended up beating South Africa two to nothing. One of those attend ing was Victor Torres. His parents were both born in Mexico. Very happy, very happy. We're excited to be here, excited for the opening of the World Cup. And hopefully Mexico keeps going up. Around three and a half million people of Mexican descent live in Los Angeles County, and it's possible the Mexican team could play a match in LA as the World Cup progresses. For NPR news, I'm Steve Futterman in Los Angeles. Canadian Prime Minister Mark Carney says it may take a little longer to open the new Gordiha Bridge that connects the US and Canada along a major trade route. A scheduled ribbon cutting ceremony for Friday is still on, but it's not clear when cars and trucks will be allowed to use the
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