AP Afternoon Wire

"Key inflation gauge worsens, US-Iran tentative deal, Gamification of gaming."

Views expressed in this World and US news update are those of the reporters and correspondents.  Accessed on 28 May 2026, 2012 UTC.

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By Sallee Ann Harrison May 28, 2026

Hello and welcome to your afternoon news update from The Associated Press. Today, a key inflation gauge worsens as Americans' income and spending power erodes; U.S. and Iranian negotiators reach a tentative deal to extend the ceasefire and launch nuclear talks; and gamification and memes lure young people to sports-wagering apps and prediction markets.   But first, we’re working on a new iteration of Afternoon Wire and can’t wait to bring it to you. Afternoon Wire will be on a hiatus for a bit while we fine tune some things, but we’re still covering all the news at AP. There’s never been a better time to make sure you’re signed up for Morning Wire and AP News Alerts.  UP FIRST People shop at a grocery store in Schaumburg, Ill., on May 14. (AP Photo/Nam Y. Huh) Key inflation gauge worsens as Americans' income and spending power erodes A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans’ finances and creating political challenges for President Donald Trump and congressional Republicans with midterm elections just five months away. The report also showed, in addition to gasoline, prices for groceries, clothing and electricity are also on the rise, indicating that inflation may be growing more entrenched. Read more. RELATED COVERAGE ➤ Average US long-term mortgage rate climbs to 6.53%, highest level in nine months Judge refuses to block Trump order to limit mail voting Newsom seeks to shield California elections from federal interference before Tuesday primary  Justice Department opens investigation into E. Jean Carroll, who accused Trump of assault: AP source Trump's DOJ sues 4 Democratic-run states over denying undercover license plates for federal agents Treasury Department confirms it has taken limited steps toward a $250 bill featuring Donald Trump Milli Vanilli and Morris Day say they won’t perform at Trump-linked Freedom 250’s DC shows Bruce Springsteen calls out the White House and announces a protest festival

TOP STORIES US and Iranian negotiators reach tentative deal to extend ceasefire and launch nuclear talks U.S. and Iranian negotiators reached a tentative agreement Thursday to extend the ceasefire in the 3-month-old war by 60 days and launch talks on Iran’s nuclear program, according to a U.S. official familiar with the matter. Iran did not immediately confirm any deal, and the official noted that President Donald Trump has yet to sign off on it. The tentative agreement comes at a moment when the fragile ceasefire between the U.S. and Iran appeared to be wavering. Read more. RELATED COVERAGE ➤ Israeli military strikes southern suburb of Beirut before crucial Lebanon-Israel talks in Washington Plans for the Gaza International Stabilization Force are in question as troop pledges stall Gamification and memes lure young people to sports wagering apps, prediction markets Some sports wagering platforms, as well as popular prediction markets Kalshi and Polymarket, are touting their availability to users starting at age 18 despite most U.S. states restricting gambling to 21 and older. The companies often use memes to advertise their platforms, then keep users hooked with what they market as low-stakes, casual opportunities to make an easy buck. That creates an environment that some say feels more like a game and less like a risky financial transaction. Read more. RELATED COVERAGE ➤ Google employee charged with using confidential search data to make $1.2 million on Polymarket One Tech Tip: Your next job interview could be with an AI bot

ADVERTISEMENT IN OTHER NEWS Jannik Sinner of Italy reacts as he cools himself with the water during a break at the second round men's singles tennis match at the French Open tennis tournament in Paris on Thursday. (AP Photo/Thibault Camus) French Open stunner: No. 1 Jannik Sinner struggles with dizziness during heat wave in 2nd-round loss At least 16 students dead: Fire rips through a dormitory at a girls' school in Kenya Eras Tour planned attack: Court finds man guilty in plot to attack Taylor Swift concert in Austria Shortened workweek: Brazil is set to join other Latin American countries with a 40-hour, 5-day workweek Da Pope: Chicago mayor invites Pope Leo XIV to visit his native city next year ‘Death with Dignity Act’: Michigan lawmakers revive push to legalize physician-assisted suicide Las Vegas Strip icon: Caesars Entertainment is sold for $6 billion Female viewership: More women are watching the NHL's Stanley Cup Playoffs. There are many reasons why WATCH: Caregiving robot helps disabled American couple without home support TRENDING (AP Illustration / Peter Hamlin) Why your co-worker might be listening to music tuned to 432 hertz Music recorded in 432 hertz is taking off on social media platforms and music streaming services. Many avid listeners assign healing properties to music tuned to 432 hertz or believe the frequency is more aligned with nature than standard 440 tuning. There's no robust scientific evidence to support such claims, but fans say that listening to it at work helps them focus and feel grounded.

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