Wall Street Journal reports OpenAI is considering steep price cuts, a move expected to spark a user-acquisition battle with ANTHROPIC.

Kuwait Civil Aviation Authority announced flights suspended after an Iranian attack have resumed.

Henry McVey, KKR's balance-sheet CIO and head of global macro and asset allocation, said in a report that inf in most major economies is likely to remain persistently above market expectations. Geopolitical shocks, including the Iran conflict, are occurring more frequently. The commodities sector, after six years of deflation before COVID, is now showing clearer inflationary trends. KKR projects US CPI at 3.6% in 2026 and 2.5% in 2027 versus market consensus of 3.3% and 2.4%; its inf forecasts for Europe and Japan are also above consensus.