Today's Headlines: Spirit Airlines quietly ceased to exist overnight Saturday — no warning, no functioning customer service, just stranded pilots, crew members, and passengers. The real culprit is fuel costs, which are also why you're paying $4.45/gallon nationally and Californians are staring down $6+ at the pump — up over a dollar from a year ago. Speaking of costs, Trump's war with Iran rolls on: he told Congress Friday that hostilities are officially "terminated" thanks to an April ceasefire, while simultaneously keeping a full naval blockade running in the Strait of Hormuz because Iran still poses a "significant threat" — and could "misbehave." A British cargo ship was attacked in the strait yesterday, Iran is playing toll booth operator for non-US ships, and actual diplomats are quietly exchanging drafts of a peace framework while Trump posts on Truth Social that Iran "has not yet paid a big enough price." He also mentioned, fairly casually, that the US will be taking over Cuba "almost immediately," so stay tuned. Back home, a federal appeals court froze the rule allowing abortion medication to be prescribed via telehealth and shipped to patients — a major win for the anti-abortion movement — and Alabama and Tennessee are both calling special legislative sessions to redraw congressional maps and dilute Black voter representation, following the Supreme Court's recent green light to do exactly that. A summer water crisis is also taking shape across Texas, New Mexico, Colorado, Utah, Wyoming, and Nevada thanks to dangerously low snowpack, with Corpus Christi already under restrictions — largely because the petrochemical companies consuming most of the local water supply are still very much open for business. On a lighter note, a new JAMA Psychiatry study identified three distinct ADHD subtypes using brain scans from over 1,100 children, including a third type defined by emotional dysregulation that activates an entirely different part of the brain, which could meaningfully change how doctors diagnose and treat patients. GameStop's CEO is attempting a $56 billion hostile takeover of eBay, and finally, The Devil Wears Prada 2 opened to $77M domestically and $156M internationally in its debut weekend, driven overwhelmingly by women, and reportedly achieved profitability in roughly 48 hours.

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