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;Resize=(620)) June 12, 2026 | Fan frenzy in Toronto as Team Canada gets its first-ever FIFA World Cup point in a draw against Bosnia-Herzegovina. A massive SpaceX IPO makes Elon Musk a trillionaire. And the U.S. and Iran both say a peace deal is near.
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After days of uncertainty and tit-for-tat military strikes, "text of the peace deal has been reached," according to Pakistan's prime minister.
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A deal to end the Iran war could be signed soon, a senior Trump administration official said, following recent conflicting statements from the warring nations.
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The $111 billion deal would unite two major movie studios and put CNN under the same roof as CBS News.
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President Trump has canceled planned strikes in Iran, claiming, once again, that a peace deal is near. This is just the latest salvo in a series of whiplash proclamations when it comes to the U.S.-Israel-led war in Iran.
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