FIVE MINUTE DAILY

In partnership with

Trump pays E. Jean Carroll after years of legal battles, Supreme Court justices warn Congress that threats are escalating, and cooler inflation offers consumers a welcome break. Plus, Ukraine intercepts Russian missiles, Wall Street posts strong bank earnings, and new Alzheimer's research shows promise.

Forward this to a friend who wants the world in five minutes.

Try the AI that knows your customers. No commitment.

Most platform evaluations start with a demo request and end three weeks later in a conference room. This one takes 15 minutes and puts you directly inside Gladly's interface — navigating it on your own terms.

See how AI surfaces real-time customer context before a conversation starts. Watch how a single conversation thread pulls in purchase history, channel history, and account details without a handoff.

No installation. No commitment. Start the interactive demo and see the platform for yourself.

The Big Read

E. Jean Carroll Collects $5.6 Million From Trump

E. Jean Carroll has received the $5.6 million she was awarded after a federal jury found President Trump liable for sexually abusing and defaming her. The payment landed after Trump exhausted his appeals last month, prompting the judge to order the funds released.

The sum covers the smaller of two verdicts against Trump in Carroll's litigation, with a separate $83.3 million defamation judgment still working through the courts. It closes a chapter that began with a magazine excerpt and ended, seven years later, with a wire transfer from a sitting president.

Supreme Court Justices Tell Congress Their Safety Is at Risk

Members of the Supreme Court warned lawmakers that threats against them have surged to alarming levels, pressing for an additional $15 million to bolster security for the justices and their families. The unusual, direct appeal to Congress underscores how sharply the climate around the federal judiciary has darkened amid a run of politically explosive rulings.

Justice Amy Coney Barrett said the danger facing judges is now "really high," a blunt assessment echoed by colleagues who described a steady drumbeat of intimidation and harassment. The funding request lands as the court weighs a string of high-stakes cases involving executive power, immigration, and the administration's agenda.

Inflation Cools Sharply, Handing Consumers a Rare Break

Consumer prices rose just 3.5% in June, marking the biggest monthly decline in six years as gas costs tumbled and underlying pressures on housing and services eased. The reading came in well below what most economists on Wall Street had forecast, offering households a welcome reprieve after a long stretch of stubbornly elevated costs.

Falling energy prices did much of the heavy lifting, but analysts caution that the slowdown may not last if oil spikes on the widening Iran conflict. Investors cheered the data and pushed stocks higher, though Federal Reserve officials pointedly offered no hints about whether it would change their next move on interest rates.

World View

Ukraine Downs Five Russian Ballistic Missiles Over Kyiv

Ukraine said it shot down five Russian ballistic missiles aimed at the capital, a rare and difficult feat that highlights how far Kyiv's air defenses have come. The interceptions arrive as Washington weighs allowing Ukraine to produce its own Patriot systems, a step that could reshape the war's trajectory over the long run.

Police Say Ann Widdecombe Killed in 'Targeted Attack'

UK counter-terror police said former politician and television personality Ann Widdecombe was killed in a "targeted attack," and have secured a warrant to detain a 28-year-old suspect for up to seven days. Investigators are still working to establish a motive, and the killing of such a well-known public figure has sent a jolt through British political and media circles.

Caribbean Leaders Renew Push for Slavery Reparations

Caribbean leaders pressed Britain for slavery reparations and an end to the islands' remaining territorial status, reviving a long-running campaign with fresh political momentum. The demands put renewed pressure on London and the Church of England to reckon with their historical roles in the transatlantic slave trade.

Need To Know

Senate Democrats Block $1 Trillion Defense Bill Over Iran

Senate Democrats blocked a sweeping defense bill in a pointed protest over the administration's rapidly expanding war with Iran. The move leaves a nearly $1 trillion spending package stalled and sets up a tense standoff over military funding and war powers.

Social Security's 2027 Raise Shrinks as Inflation Cools

The estimated Social Security cost-of-living adjustment for 2027 fell as inflation eased, pointing to a smaller annual raise for the tens of millions of Americans who rely on the program. The projection is a direct byproduct of the same cooling prices that cheered markets, showing how the slowdown cuts both ways for households.

Environmental Groups Sue to Block Endangered Species Rule Change

Conservation groups filed suit against the government to stop a major rewrite of how the Endangered Species Act defines "harm" to protected wildlife. Critics warn the change could gut habitat protections nationwide by allowing development that destroys the places endangered animals need to survive.

PRESS PAUSE

Refinance and pay nothing for up to 90 days

Here's something most drivers don't know: when you refinance your auto loan, you could qualify to delay your next payment — with no payment due for up to 90 days.

That's three months of breathing room, on top of a potentially lower monthly payment going forward. RefiJet customers who refinance to reduce their payment save an average of $150/month*.

The process is fast and free to apply. You can check your pre-qualified terms in minutes, with no impact on your credit score. RefiJet's expert Financial Services Representatives handle the heavy lifting, and the company has held an A+ BBB rating since 2016.

Lower payment. A few months off. No application fee. Worth a look.

Check your terms in minutes

*Monthly Payment Claim: This average monthly auto loan payment savings reflects loans where the borrower chose to lower their monthly payment. Not every auto refinance is intended to lower monthly payment. These savings are not guaranteed. Individual savings and rates may differ

Please support our sponsors!

Money & Markets

Big Banks Post Blowout Profits as Wall Street Stays Strong

JPMorgan, Bank of America, and Citi reported robust quarterly earnings as buoyant Wall Street trading desks and a resilient US consumer both held up better than expected. Goldman Sachs and JPMorgan are increasingly being framed as unexpected winners of the AI boom, cashing in on deal fees and a surge in technology-driven activity.

Goldman and JPMorgan Emerge as AI Winners

Goldman Sachs and JPMorgan Chase both posted record revenue driven by surging trading and investment banking, quietly positioning Wall Street as an unexpected beneficiary of the AI boom. Turns out arming the diggers has a Wall Street version too.

Buffett Accelerates Giving but Omits Gates Foundation

Warren Buffett is speeding up his charitable donations with a stated goal of giving away his Berkshire Hathaway fortune by 2034. Notably, he left out a customary gift to Bill Gates' foundation after the Microsoft cofounder's ties to Jeffrey Epstein were disclosed, a pointed omission from one of the world's most closely watched philanthropists.

Future Frontiers

Experimental Alzheimer's Drug Shows Promise on New Target

A new study found that an experimental drug showed promise by targeting a different brain protein than most current treatments, which focus largely on amyloid plaques. Researchers say the alternative approach could open a fresh avenue for slowing a disease that has frustrated drug developers for decades.

New York Becomes First State to Pause Big AI Data Centers

New York imposed a year-long moratorium on building large data centers as it weighs the enormous energy demands and climate costs of the AI boom. It is the first US state to take such a step, a decision that could ripple across an industry racing to build ever-bigger computing hubs.

Apple Explores Shrinking AI Models to Run on an iPhone

Apple is in talks with a startup whose technology compresses AI models small enough to run directly on a phone rather than in distant data centers. The move could push more artificial intelligence onto devices themselves, promising faster performance and stronger privacy while easing reliance on the cloud.

The Score

Spain Beats France to Reach the World Cup Final

Spain advanced to the World Cup final with a commanding 2-0 win over France in Texas, powered by a Mikel Oyarzabal penalty and a second-half strike from Pedro Porro. La Roja never trailed and now awaits the winner of England versus Argentina for a shot at the title on Sunday.

Elfath to Referee a Charged England vs. Argentina Semifinal

FIFA named US referee Ismail Elfath to take charge of the semifinal between England and Argentina, a fixture loaded with decades of bitter football history. The winner books a place opposite Spain in Sunday's final, and all eyes will be on how the officiating holds up in one of the tournament's most emotionally charged matchups.

Scheffler and McIlroy Brace for a Sun-Baked Open

Scottie Scheffler and Rory McIlroy both warned that "weird stuff" could unfold on the firm, fiery links of Royal Birkdale during this week's Open Championship. Scheffler arrives hoping to reset after a rare missed cut, while the baked-out conditions promise to test every player's patience and creativity.

Life & Culture

Blue Beetle Returns in 'Man of Tomorrow'

Xolo Maridueña will reprise his role as Blue Beetle in James Gunn's Superman sequel Man of Tomorrow, now in production. First real sign that Gunn's rebooted DC universe intends to actually connect its films, rather than shelve half of them.

A First Look Inside Christopher Nolan's 'The Odyssey'

As anticipation builds toward its release, a fresh breakdown walks through Nolan's "The Odyssey" by the numbers, from its sprawling cast to its staggering production scale. The director is betting big on the ancient Greek tale despite a casting controversy, and the early details suggest one of his most ambitious projects yet.

'If We Die, We Die Together': A Ryanair Passenger's Ordeal

The wife of a man nearly sucked out of a Ryanair jet described the terrifying moments the couple endured mid-flight to Serbian media. She said her husband was seriously injured and left in shock after the emergency, recounting how they clung to each other believing they might not survive.

DOUBLE POTENTIAL AHEAD

Zacks just released a free report featuring 5 stocks its experts believe could have the potential to double over the next 12 months.

Each pick was selected for long-term upside and a strong Zacks Rank, meaning earnings estimates are already moving in the right direction.

Past editions of this report have featured major winners including gains of +143.08%, +175.3%, and even +340.3%.

See the 5 stocks now.

*This free resource is being sent by Zacks. We identify investment resources you may choose to use in making your own decisions. Use of this resource is subject to the Zacks Terms of Service.

*Past performance is no guarantee of future results. Investing involves risk. This material does not constitute investment, legal, accounting, or tax advice. Zacks Investment Research is not a licensed dealer, broker, or investment adviser.

Please support our sponsors!

Deep Dive

The Fastest-Growing Ebola Outbreak in History

What happened: The outbreak in eastern Congo has become the fastest-growing Ebola epidemic on record, with the majority of new cases now emerging from unknown chains of transmission. Health responders say the virus is spreading faster than they can trace it, a worrying sign that the outbreak has slipped beyond the reach of standard containment. Case counts are climbing in areas that lack the clinics, cold-chain storage, and trained staff needed to mount a swift response, leaving officials scrambling to catch up.

Why it matters: When most infections can't be linked to a known source, it signals that disease surveillance has fallen dangerously behind the virus itself. That gap makes containment far harder, drives up the death toll, and sharply raises the risk of the outbreak jumping to new regions or spilling across international borders. Ebola's high fatality rate and the region's dense, mobile population mean a slow response now could translate into a much larger emergency within weeks.

The key variables: Success hinges on rapidly ramping up contact tracing, vaccinating frontline health workers and communities, and reaching remote areas that fighting has cut off from aid. Insecurity in eastern Congo has repeatedly disrupted past responses, slowing the delivery of care and allowing the virus precious time to spread unchecked. Funding, vaccine supply, and the trust of wary local communities will all shape whether responders can regain the upper hand.

What to watch: Watch whether responders can close the gap on those untraced cases over the coming weeks, the single clearest measure of whether the effort is finally working. If unknown chains keep dominating the numbers, the outbreak could outpace the global health system's ability to respond and force a far larger international mobilization. Any spread toward major cities or neighboring countries would be an especially ominous turn.

Extra Bits

  • A grateful owner described a dramatic mountain rescue of his dog after the pup apparently ingested cannabis on a Scottish hillside and had to be carried to safety.

  • A Tyrannosaurus rex nicknamed "Gus" sold for a record $50 million, becoming the most expensive dinosaur fossil ever sold at auction and reigniting debate over private collectors buying up prehistoric treasures.

  • Archaeologists uncovered a mathematical formula on a Maya wall in Guatemala that rivals the insights of the era's greatest astronomers, hinting at just how sophisticated ancient Maya science truly was.

Today’s Trivia

Login or Subscribe to participate

Thanks for spending five minutes with us. If you found today's edition useful, share it with someone who likes staying informed without the noise.

—The Five Minute Daily Team

Keep Reading