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/ International Affairs

Iran war risks resuming after newest peace offer deemed β€œinsufficient”

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As both sides continue trying to negotiate an end to the war, the Trump administration rejected Iran’s newest proposal to end the ongoing conflict, viewing it as an β€œinsufficient” offer.

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It's time for the Iranians to throw a bit of candy out. We need some real, sturdy and granular conversation.

A senior US official told Axios

Ticking time bomb

The news broke just one day after President Trump threatened a renewed war with the country on social media, saying Iran must compromise quickly β€œor there won’t be anything left,” adding that β€œthe Clock is Ticking” (see post).

Despite the threat, Trump reportedly still wants a diplomatic resolution. However, if Iran isn’t able to make meaningful concessions, it could mean war will break out again. According to US officials:

  • Later today, Trump is expected to meet with his top national security advisers in the Situation Room to review military options regarding Iran.

  • Officials say that if Tehran does not change its position, the US will have β€œa conversation through bombs.”

What did Iran ask for in its offer? The nation reportedly demanded an end to all military operations and blockades, guarantees against future attacks, the ability to resume oil exports, and delayed talks over its nuclear program.

Why did the US deny it? Administration officials believe Iran’s latest offer failed to address core US demands, particularly surrounding its nuclear program, including strict limits on uranium enrichment and overall nuclear activities. Trump recently said a 20-year suspension would be enough.

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Why should you care?

The collapse of nuclear-focused negotiations all but ensures that the maritime blockade of the Strait of Hormuz will continue into the near future, directly threatening Americans with sustained inflation and higher prices for gasoline, groceries, and consumer goods.

We’re tracking this issue live on NextGen+. Click the button below to see its status, momentum, and other key developments.

/ Economy

Almost all US workers want to find a new job

Designed by NextGen News

Nearly 8 in 10 professionals in the US are searching for new work opportunities, with roughly half actively looking to switch jobs this year, according to a recent survey by the job board site FlexJobs.

What’s that about?

US workers are entering what researchers call the β€œJob-Ready Era,” with employees increasingly open to leaving their current roles for potentially better opportunities. The survey also found that:

  • 41% have recently quit or are considering quitting their jobs.

  • Many workers are willing to leave without having another position lined up.

But why? People mainly want career changes for things like remote work, better salaries, and healthier work-life balance; however, layoffs in tech and media are also forcing many to look elsewhere.

Who wants a new job the most? Many of the career changers are millennials, with the average pivot happening around age 39. Gen X workers are next up, with Americans between ages 45 and 54 having held an average of 2.2 jobs, according to government data.

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Why does this matter?

The shift should give young workers more leverage as American employers are forced to compete on flexibility and work-life balance to retain talent, but at the same time, fewer positions are left open for them since more baby boomers are working longer to afford retirement as the cost of living continues to rise.

/ Technology

OpenAI wants you to hand over your financial info to ChatGPT

OpenAI

OpenAI will now let ChatGPT users connect their financial accounts directly to the chatbot, sparking immediate concerns about privacy, security, and how sensitive financial data could eventually be used.

Financial fabricant

The announcement came with the release of a suite of personal finance tools designed to let ChatGPT users (many of whom already ask financial questions) turn ChatGPT into a personalized financial assistant.

According to the company:

  • Users can connect accounts from over 12,000 financial institutions, including Schwab, Fidelity, Robinhood, and more, to the chatbot.

  • Currently, the feature is only available to those in the US who are subscribed to ChatGPT’s $200-per-month Pro tier.

Once connected, users can ask questions about budgeting, subscriptions, debt, spending habits, investments, or long-term financial goals using real transaction data instead of general advice.

Why release this? The rollout reflects a wave of people increasingly using AI for money-related guidance. According to OpenAI, over 200 million users already ask financial questions to ChatGPT every month, making the feature a natural fit.

But can you trust ChatGPT with your bank info?

That’s the exact question many critics are raising with the new release. While OpenAI says ChatGPT will not be able to move money or make transactions, it will have access to balances, transactions, portfolios, mortgages, credit card debt, and much more.

That being said, OpenAI says users must opt into sharing sensitive information. According to the tech giant:

  • Users will control whether their financial data is used to improve AI models and can disconnect accounts at any time.

  • However, the company notes it may take up to 30 days to fully delete synced financial data from its systems.

Does that mean your financial info is safe? Well… The Verge noted that OpenAI has not fully explained what additional protections exist against hacks or how the company may use financial information beyond model training. Do with that what you will.

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Why is this important?

The update will give consumers a way to bypass traditional budgeting apps and banks and unprecedented convenience to personalized financial advice at a fraction of the typical cost. However, it will also force them to weigh ease of access against significant data privacy risks.

In partnership with Tipsy Putt

Why β€˜Eatertainment’ Brands Are Worth Billions

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The result?

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/ Automotive

Honda reported its first loss in over 70 years

Dan Kitwood / Getty Images

Last week, Japan’s second-biggest carmaker just reported itsΒ first annual lossΒ since going public in 1957, as its big bet on electric vehicles failed to pay off and resulted in a $2.7 billion loss.

Low power

Back in 2021, Honda said all of its vehicles would be electric or hydrogen-powered by 2040, leaning on both its own tech and partnerships with GM and Sony to get there.

However, the automaker vastly overestimated EV demand. Honda said that the end of EV tax credits and tariffs increased competition and put a damper on customers’ willingness to switch to electric.

Now, Honda is completely reversing its EV ambitions. According to execs:

  • The company said its abandoning its goal for EVs to make up 20% of sales by 2030.

  • It also no longer plans to phase out combustion-engine vehicles by 2040.

So what will it do now? Honda still plans to invest in electrification long term, but the company wants to expand on its hybrid lineup rather than racing toward a fleet of fully electric models.

Well, at least Honda still has its… motorcycles? The company’s motorcycle division, which dominates nearly a third of the global market, ended up generating about half the company’s profits after an 11% jump in sales last year.

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Why should you care?

Honda’s shift away from EVs isn’t unique to them; Ford, GM, Volkswagen, Nissan, and others are scaling back, pausing, or stopping EV projects outright. The trend means Americans will see far fewer electric options on the market, and areas heavily invested in EV production (like the Midwest and South) will bear the brunt of the downturn.

/ Education

Harvard to decide if it should give out fewer A’s

Kevin Fleming / Getty Images

Tomorrow, a Harvard University faculty committee will decide whether to limit the number of A’s professors can give out per course as part of an effort to rein in rampant grade inflation.

Capping excellence

Under the proposal, professors would be limited to awarding flat A grades to no more than 20% of a class, plus four additional students. But it might not stop there:

  • Faculty are also considering a separate measure that would base honors on class rank rather than GPA.

  • Additionally, some professors could opt into a simplified β€œsatisfactory-plus/satisfactory/unsatisfactory” grading system.

But why cap students’ success? Supporters say the changes are necessary to make grades meaningful again, as AI and chatbots have contributed to massive grade inflation (see more), which has weakened the value of high grades.

Harvard has seen its fair share of this phenomenon:

  • A’s made up over half of the marks given to undergraduates last year, up from just 25% in 2005.

  • Meanwhile, 55 students shared the university’s top GPA award last year, an honor that usually goes to just one or two students.

While some faculty say the changes could make it easier for employers to gauge students’ performance and make them work harder, critics warn that the changes could increase stress, damage collaboration among students, and hurt Harvard undergraduates’ competitiveness.

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Why is this important?

Observers say that Harvard’s decision could push other Ivy League schools (and beyond) to institute measures to mitigate grade inflation too. If the proposal is passed, students may face higher academic pressure and have to deal with tougher grading standards to stand out.

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/ Fast Facts

Catch up on this week’s weird news

Gif by vidiots_official on Giphy

> An AI app designed to analyze photos of users’ poop for health insights reportedly offered a reporter access to a database of highly sensitive stool images and medical information.

> Researchers uncovered a copy of the earliest surviving English poem, β€œCaedmon’s Hymn,” a foundational work in English literature. The discovery comes just weeks after archaeologists found part of The Iliad buried with a Roman-era Egyptian mummy.

> Scientists in Thailand have found a new massive, long-necked "titan" dinosaur species that stretched nearly 89 feet long and weighed the equivalent of nine adult elephants.

> The James Webb Space Telescope captured images of what is likely one of the universe’s earliest galaxies, dating back over 13 billion years.

> Researchers are puzzled after a fisherman caught an American eel in the Chicago River, since the species is typically found in the Atlantic Ocean, nearly 3,000 miles away.

> NASA’s Psyche spacecraft is on its way to study an extremely metal-rich asteroid located between Mars and Jupiter, which could potentially offer clues into our early solar system.

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