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A one-vote defeat in Washington exposed how unsettled the rules of the digital economy remain, while policymakers and business leaders elsewhere are competing for the investment shaping what comes next.

Meanwhile, the people building the most powerful AI systems are increasingly debating whether faster is always better. Plus: Treasury yields hover around 5%, the Brewers clinch, and a 132-year-overdue magazine finally makes it home.

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The House passed a war powers resolution 220-204 late Tuesday demanding an end to the Iran war, with a few more Republicans joining every Democrat; Trump would almost certainly veto. "Remember when Donald Trump said that this war would last just a few weeks?" said Rep. Seth Moulton, while Republican Brian Mast called Iran "a continuous ongoing threat" and added, "Enough is enough."

The war launched February 28 is still producing casualties at sea: two sailors are missing after the Panama-flagged tanker El Gaia was hit off Musandam in the Strait of Hormuz, with 23 rescued and an engine-room fire, and the IMO now counts at least 22 seafarers killed in 79 confirmed incidents in the strait.

Senate Democrats blocked the Clarity Act 49-50, leaving the $2.3 trillion crypto market without the rulebook it has chased for years; Elizabeth Warren said the bill would "let Donald Trump continue to rake in billions of dollars in crypto profits." Coinbase fell 10.1% and Robinhood 3.4% on the vote.

The 600-plus-page bill also lost four Republicans: Collins, Hawley, Moran and Tillis. The fight turned on a provision barring federal officials from issuing their own coins, aimed at the $TRUMP meme coin, after Trump disclosed he and his family earned $1.4 billion from crypto ventures last year. The White House says it will turn to agencies instead.

The administration has informally notified Congress of a $2.8 billion weapons package for Israel that includes 40,000 2,000-pound bombs, 20,000 Mk84s and 20,000 BLU-117s, mostly paid for through US foreign military financing, meaning American taxpayer dollars. The sale is not yet final.

These are the same munitions Biden paused in 2024 over fears of mass casualties in Gaza. The package signals the US-Israel alliance is intact despite visible strains between Trump and Netanyahu since the Iran war began in February, and it lands the same day at least 12 people died when a war-damaged building collapsed in Gaza City.

Saudi Arabia said Houthi rebels targeted Mecca with a drone, a claim the Iran-backed group rejected, drawing OIC condemnation over Islam's holiest site.

Britain is in talks to join a Canada-led Defense, Security and Resilience Bank, as NATO chief Mark Rutte arrives in London saying the alliance "will not be intimidated by Russia's campaign of hostile actions."

Chile is the first South American country to eliminate dog-transmitted rabies in humans, the WHO certified, after five decades of door-to-door pet vaccination and no case since 1972.

Kash Patel told Cory Booker he was "the biggest mockery" in the Senate during a Judiciary hearing over fired agents, polling-place deployments and lifted hiring bans.

An NBC-Telemundo news helicopter crashed in Los Angeles' Chatsworth neighborhood while covering a bus crash, killing three, including reporter Eliana Moreno and pilot George Marciniw; the NTSB is investigating.

Federal employees were paid $9.5 billion not to work last year as DOGE's workforce cuts pushed administrative leave costs up 435 percent, records show.

Dave & Buster's plunged 19% on a weak quarter, Chipotle lost 5.9%, and Dollar Tree fell 5.4% as the S&P 500 slipped 0.4% to 7,585.73 and the Dow fell 328, while Nvidia steadied at +0.6%.

The 10-year yield stayed above 5% for a second day, closing at 5.00% after an overnight high of 5.04%, its highest since 2007, while Brent topped $109 ahead of today's 2 p.m. Fed decision.

Mark Carney pitched Canada as a "safe harbor" to 100-plus global investors at a Toronto summit targeting C$1 trillion in investment over five years, with 160-plus projects and a "mega deduction" tax break, as Trump works to pull capital south.

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Air pollution rose 24% to 33% in cities like Manila and Rangoon within months of the State Department ending embassy air monitoring in March 2025.

Google's digital fruit fly brain models have been trained to solve Rubik's Cubes, play video games, and even parallel park a car, blurring the line between biology and AI.

Researchers say a new catalyst breakthrough could let astronauts brew rocket fuel from Mars' thin carbon dioxide atmosphere, potentially solving one of the biggest hurdles to a return trip.

The Anaheim Ducks signed 22-year-old winger Cutter Gauthier to a six-year contract after clearing salary cap space, with GM Pat Verbeek calling him central to the young core.

The Brewers clinched a fourth straight NL Central title, a first since the division was created in 1994, behind five shutout innings from Jacob Misiorowski and a Cubs loss to Atlanta.

Brayan Rocchio walked off the White Sox again, an 0-2 hit off a 100 mph Grant Taylor fastball for a 7-6 Guardians win that cut Chicago's AL Central lead to half a game with one game left in the series.

The PGA Tour unveiled its 2028 lineup with new Championship and Challenger Series membership tiers, rewriting how players qualify, earn points and move between competitive levels.

Amanda Seyfried and Thomas Sadoski are splitting after nearly a decade of marriage and two children, the actor couple confirmed, ending one of Hollywood's more low-key long-running unions.

"American Idol" is relocating production from Los Angeles to Georgia, dealing another blow to LA's shrinking production sector as tax incentives continue pulling shows toward the Southeast.

Prosecutors won't seek death for Nick Reiner, 33, in the killings of Rob Reiner and Michele Singer Reiner, after consulting siblings Jake and Romy, leaving life without parole as the maximum.

What it is: A rare public split among the people building AI. Anthropic's Dario Amodei, OpenAI's Sam Altman and Elon Musk have all said development should slow in recent days, after an Anthropic researcher resigned with a dire warning about where the technology is heading.

The detail: Amodei's weekend essay called on the industry to slow "the pace at which we improve the capabilities of AI models." Mark Zuckerberg pushed back on X, arguing labs that fail to "focus on alignment will fall behind" and face "significant liability if their models cause harm," while Nvidia's Jensen Huang called regulation "just completely unnecessary."

Altman, meanwhile, told a San Francisco crowd the world is right to be afraid but "should trust that we are going to do the right thing."

Why it matters: The incentives all cut the other way: fierce competition at home and abroad, profit motives, and a White House that doesn't want to lose its edge over China. Anthropic and OpenAI are racing toward potentially record IPOs, though OpenAI says it is holding off on going public this year to focus on safety work. As former DHS official Nick Reese put it, "We don't tolerate commercial airline crashes, but we do tolerate significant AI failures."

What to watch: Whether words become mechanisms. Markets already twitch on the debate — SoftBank fell 1.5% overnight after a 7.5% jump the day before — and a bipartisan House bill making 100-megawatt-plus data centers pay for their own power lines shows Congress is circling the industry's costs, if not yet its pace.

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A New Hampshire library got back a magazine 132 years overdue this week, narrowly avoiding a theoretical $12,055 fine thanks to a mercifully timed fine freeze.

A three-month-old bodega cat named Jabal was reunited with his Park Slope owner after a grassroots Brooklyn campaign tracked down the culprits behind Manhattan's most emotional catnapping.

New Mexico police on motorbikes chased down a runaway horse that bolted from its owner before a parade, corralling the unharmed animal in a scene begging for a soundtrack.

The Mayflower departs Plymouth, England (1620) · The Cherokee Strip land run opens seven million acres in Oklahoma (1893) · William Durant founds General Motors (1908) · A cart bomb outside J.P. Morgan kills more than 30 on Wall Street (1920) · B.B. King is born near Itta Bena, Mississippi (1925) · FDR signs the first peacetime draft (1940) · Ford offers conditional clemency to Vietnam draft evaders (1974)

"America has adopted selective service in time of peace, and, in doing so, has broadened and enriched our basic concept of citizenship." — Franklin D. Roosevelt, signing the Selective Training and Service Act, September 16, 1940

Five Minute Daily brings the biggest developments across world affairs, money, science, sports and culture into one concise morning read. Share today’s edition with someone who wants to stay informed, and subscribe for the next briefing.

—The Five Minute Daily Team