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AXIOS (Josephine Walker) - Trump backs ban on diesel exports

President Trump said during a Tuesday press interview alongside Ukrainian President Volodymyr Zelensky that he has also 'called for' a ban on U.S. diesel exports, joining other conservative voices who endorse the policy. Why it matters: Trump's endorsement marks a shift for an administration that has resisted calls to restrict fuel exports, as record diesel prices squeeze farmers and truckers and fuel Republican concerns ahead of the midterms . - Economists and energy analysts say the move could benefit America in the short term but would likely raise prices globally, including in the U.S. This is a breaking news story and will be updated.

NYTIMES (David McCabe, Benjamin Mullin and Shawn Hubler) - How Paramount Won Warner Bros.

Inside the settlement talks between the media mogul David Ellison and the coalition of states seeking to block his $111 billion deal.

AXIOS (Madison Mills) - Cheap, powerful AI models are increasing usage, a bullish sign for the AI boom

AI companies have competed on having the best and often most dangerous models for years. Now, they're pivoting to a new focus: cost. Why it matters: The biggest risk to the AI boom is demand, and recent innovations to make models cheaper while maintaining powerful levels of intelligence have offered a bullish signal. - As the prices of top models from OpenAI, Anthropic and others come down, usage is increasing dramatically, a trend that points to the kind of demand that will be necessary to justify trillions of dollars in spending. State of play: It's modelpalooza in the AI world this week, with OpenAI, Anthropic, SpaceX and some Chinese model providers all offering new releases. Most of them are offering shocking levels of intelligence…

WASHINGTONPOST (Joanna Slater) - Man convicted of shooting Palestinian students in U.S. after Oct. 7 attacks

Jason Eaton pursued an insanity defense in the 2023 shooting in Vermont, which spread fear through Arab and Muslim communities in the United States.