
Plus, microdramas are trying to go mainstream.
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Is America being run by a mob style regime that uses corruption and cruelty as tools of control? In her new book, the fix, Barbara McQuaid says yes and draws on her experience as a federal prosecutor, lessons from history and political analysis to show us how to fight back and win. Ben Rhodes calls the Fix a powerful guide to what has gone wrong in our democracy and how to reclaim power from a strong man. Published by Seven Stories Press, the Fix is available wherever books are sold.
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From the New York times, it's the headlines. I'm Traci Mumford. Today's Monday, June 29th. Here's what we're covering. Heading into the week, there are three key things to watch. First, in the Middle east, there's the question of how far the fragile two week old agreement between the US And Iran can bend. Iran has now struck two ships trying to pass through the Strait of Hormuz, and analysts say the country is risking the peace deal in order to show it still has power over the crucial waterway. The strikes set off a wave of back and forth attacks over the weekend as the US Responded, hitting Iranian targets. Still, analysts say neither side appears eager to return to full blown war. Iran is still seeking relief from years of punishing sanctions and President Trump may be reluctant to restart the conflict, which is unpopular with voters before the midterms next. In Washington, the Supreme Court is poised to make a big decision this week on birthright citizenship and whether President Trump can end that long standing guarantee for babies born to undocumented immigrants. Trump has been bracing for a likely defeat in the case. During the oral arguments, key justices appeared skeptical about the administration's efforts to limit who is automatically a citizen. The justices are set to issue rulings today and at least one other day this week before going on their traditional summer break. In that mix are a couple of other major cases, including decisions on who the president has the authority to fire. And last thing to watch for.
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I certainly want him to take the biggest, boldest marker that he has and do that big Trump signature proudly on that legislation because we're delivering for the people and that's what he wants to do.
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House Speaker Mike Johnson said he is sending President Trump the bipartisan housing bill that cleared Congress, though there's no word on whether Trump will sign it. He was supposed to sign it last week. There was a ceremony set for it and everything. But Trump abruptly canceled, saying he wouldn't act on it until the Senate passed an unrelated bill that would impose nationwide voter restrictions. Trump has called the housing bill, which is aimed at bringing down prices and is the first major housing legislation in decades. Quote, of minor importance, once Johnson formally transfers the bill to him today, it starts a clock and the president has 10 days to sign it or veto it. In Venezuela over the weekend, the search for survivors of the deadly back to back earthquakes turned increasingly frantic as first responders and volunteers picked through the rubble of flattened homes and high rises. There were some moments of relief as workers found victims and pulled them free. But rescuers were largely working without the heavy machinery that would have let them dig deeper. Instead, people used pickaxes and jackhammers to try and get through the crushed concrete. Some even used their bare hands. And crowds lined up to clear bucket after bucket of debris. At times, the rescuers called for silence, hoping to be able to hear anyone who might be shouting for help from underneath the collapsed buildings. The desperate search came in what's known as the golden window, the first 72 hours after an earthquake, when experts say there's the highest chance of locating victims alive. That window is now closed and scores of people are still believed to be trapped. According to Venezuelan authorities, the official death toll is more than 1400 and that number is expected to rise. Rescue workers and aid from many other countries have started flowing in. But the disaster is testing Venezuela's already fragile healthcare system. Officials say many hospitals have been damaged by the earthquakes. And according to a doctor, one of the facilities in the hardest hit area was operating without running water and patients were being treated in tents outside. Across the western and southwestern US at least a dozen new fires have erupted in Utah in just the last 24 hours. Wildfires are raging in Utah, Colorado, Arizona, New Mexico and Nevada.
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A huge smoke plume associated with that. This is a new one that while we've been on air has developed and now it is really taking off.
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According to the governor of Utah, one of the wildfires, the Cottonwood fire, is now the most destructive blaze in the state's history in terms of property loss. Burning rural cabins and mountain condos to the ground. And on the Colorado, Utah border, a series of fires have merged into a kind of mega blaze that killed three firefighters who were overwhelmed by fast moving flames.
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This is really just the latest sign of how devastating this wildfire season has become. Only just a few days into the
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official start of summer, my colleague Jack Healy has been covering the fires.
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Conditions across the west have been primed for a terrible fire season and we are starting to see that come to pass. Unfortunately, it was a very dry winter with limited snows and then things heated up extraordinarily. Quickly burning away the snowpack and really parching the ground. So what you have is a deadly tinderbox across multiple western states. And so it's going to be a very long and very difficult summer out here.
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As the AI boom continues to take off around the world, there's one place that can be considered ground zero. Taiwan. It's home to tsmc, which makes some of the most sought after chips that power AI systems. Amid the chip frenzy, Taiwan's economic growth has accelerated rapidly, shooting up to become one of the fastest in the world. And my colleague Megan Tobin has been reporting on what that looks like in TSMC's hometown, Hsinju.
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The area used to be farmland, and now when you get to town, you know, you can take the high speed rail there and there's luxury high rises, there's glittery Tesla dealerships, there's plastic surgery clinics and real estate offices and Pilates studios. You can feel the money. And beyond that, one super interesting thing that's happened here is as household incomes have gone up in the area, people are also having more kids. So there actually haven't been enough schools to educate all the children that have been born here in the last decade or so. While this small slice of people in Hsinju are doing really well, it kind of masks a deeper divide in the economy in Taiwan. You know, making chips does not really take that many people. And the wealth from the global interest in AI has not translated to broader wage gains across other industries. So this mirrors a trend that economists are observing around the world as a result of the rise in AI. They call it a K shaped divide, where people close to the industry are really benefiting and those who are not are struggling to find a way in.
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And finally, talk of microdramas has been around for years. The shows are designed to be watched on your phone. They're shot vertically and released in little bite sized episodes as short as a minute or two. They're huge in other countries, especially China. There's an $11 billion global market for them. In the US they've been slower to catch on. A few years ago, a startup devoted to them, Quibi, went down in flames so spectacularly that Quibi became kind of entertainment industry slang for a bad idea. But now we should just talk about everything, all of our secrets. Confess what we think you may know about us. Mainstream networks like Fox, Bravo and Lifetime are looking at microdramas with renewed interest. Hollywood actors like Taye Diggs and Issa Rae have thrown their weight behind producing them. The shows can be 57 episodes long, but then it takes less than two hours to watch the whole thing. You just flip through them like you would TikTok videos. The big companies looking at this aren't all necessarily creating new content. In one case, Fox struck a deal to slice up an existing reality show, Farmer Wants a Wife and release it as more than 100 micro series episodes. One TV executive told the Times that younger people are already consuming more and more content on their phones. So quote or just meeting audiences where they are, those are the headlines. I'm Tracy Mumford. We'll be back tomorrow.
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Podcast Summary: The Headlines – June 29, 2026
New York Times | Host: Traci Mumford
This episode of The Headlines highlights three major stories to watch: escalating tensions in the Middle East, a crucial upcoming Supreme Court decision in the U.S., and mounting humanitarian and environmental crises, including the frantic earthquake rescue effort in Venezuela and destructive wildfires across the Western U.S. The episode also explores Taiwan’s economic transformation amid the global AI boom and examines the resurgence of microdramas in the American entertainment industry.
[00:32–02:16]
“Iran is still seeking relief from years of punishing sanctions, and President Trump may be reluctant to restart the conflict, which is unpopular with voters before the midterms.”
— Traci Mumford [00:56]
[02:16–02:26]
“Trump has been bracing for a likely defeat in the case.”
— Traci Mumford [01:35]
[02:16–02:26]
“We certainly want him to take the biggest, boldest marker that he has and do that big Trump signature proudly on that legislation because we’re delivering for the people and that’s what he wants to do.”
— Mike Johnson [02:16]“Trump has called the housing bill, which is aimed at bringing down prices and is the first major housing legislation in decades, ‘of minor importance.’”
— Traci Mumford [02:33]
[02:26–05:13]
“At times, the rescuers called for silence, hoping to be able to hear anyone who might be shouting for help from underneath the collapsed buildings.”
— Traci Mumford [04:05]“According to a doctor, one of the facilities in the hardest hit area was operating without running water and patients were being treated in tents outside.”
— Traci Mumford [05:08]
[05:13–06:37]
“This is really just the latest sign of how devastating this wildfire season has become, only just a few days into the official start of summer.”
— Jack Healy [05:53]“Conditions across the west have been primed for a terrible fire season... things heated up extraordinarily quickly, burning away the snowpack and really parching the ground.”
— Jack Healy [05:58]
[06:37–08:29]
“You can feel the money. And beyond that, one super interesting thing that's happened here is as household incomes have gone up in the area, people are also having more kids.”
— Megan Tobin [07:25]“Making chips does not really take that many people. And the wealth from the global interest in AI has not translated to broader wage gains across other industries.”
— Megan Tobin [08:10]
[08:29–10:10]
“You just flip through them like you would TikTok videos. The big companies looking at this aren't all necessarily creating new content... We're just meeting audiences where they are.”
— Traci Mumford [09:20]
This episode provides a rapid yet textured scan of the day’s biggest international and domestic stories, blending Times reporting with urgent, on-the-ground insights and forward-looking analysis.