The Bulletin

• Pope Francis funeral update: The list of celebrities and world leaders who will be attending the funeral for Pope Francis is currently short but expected to grow as more details emerge. Here's who will be attending.

• China encounter with US aircraft carrier: Footage recently released by Chinese state media appears to show a close encounter between Chinese and American carrier-based fighter jets over an undisclosed location in waters. See the video.

• Home sale cancellations surge nationwide: Tens of thousands of pending home sales across the U.S. fell through in March, according to a new report by Redfin, as growing economic uncertainty is leading many aspiring buyers to double-guess whether they should be making such an important investment.

• Trump Tower project in Moscow: The Kremlin is weighing offering President Trump an opportunity to resurrect plans for a Trump Tower in Moscow—reviving a dream that fizzled out nearly a decade ago—according to an independent Russian newspaper.

• German tourists deported from US: Two German teenage girls were detained and deported from the United States after arriving in Hawaii without a hotel reservation. Find out more.

• FDA to suspend milk quality tests: A quality control program for testing fluid milk and other dairy products at the Food and Drug Administration is reportedly suspended as the agency faces capacity issues following recent cuts. Learn more.

The rundown: Seals have been placed on the apartment where Pope Francis had resided as cardinals meet to decide on the arrangements for the funeral of the pontiff. Know more.

Why it matters: The Vatican News reported that the rite confirming the death and the placement of Pope Francis's body in the coffin took place on Monday in the chapel of the Casa Santa Marta in Vatican City. The Vatican's top doctor Andrea Arcangeli said that Pope Francis had died from a stroke, followed by a coma and irreversible cardiocirculatory collapse. The Vatican has released images of Pope Francis in an open coffin in the chapel of Casa Santa Marta during which the declaration of death was read aloud. Cardinals were meeting Tuesday morning in the Vatican to decide on arrangements including the date for Francis' funeral and when his body will be moved into St Peter's Basilica before burial so the public can pay their respects.

Read more in-depth coverage:
Who Picks the Next Pope? The 135 Cardinals Who Make Up Papal Conclave

TL/DR: Italian media citing Vatican sources have reported that the funeral is likely to take place on Saturday, April 26.

What happens now? Mourners from around the world have been queueing to visit St Peter's Square in Vatican City on Tuesday. The funeral is likely to take place this weekend and will be attended by world leaders, including French President Emmanuel Macron and U.S. President Trump, whose Vice President JD Vance spoke with the pontiff just before he died.

Deeper reading Pope Francis Death Update: Seals Placed on Pope's Residence

The rundown: Harvard is suing the Trump Administration to lift the $2.2 billion funding freeze imposed after the Ivy League college defied a list of demands for sweeping changes to its governance and admissions. Read Harvard's full complaint here.

Why it matters: Harvard's suit called the funding freeze "arbitrary and capricious," saying it violates First Amendment rights and the statutory provisions of Title VI of the Civil Rights Act. Within hours, the White House hit back. "The gravy train of federal assistance to institutions like Harvard, which enrich their grossly overpaid bureaucrats with tax dollars from struggling American families is coming to an end," White House spokesman Harrison Fields said on Monday. "Taxpayer funds are a privilege, and Harvard fails to meet the basic conditions required to access that privilege." The White House has also asked the IRS to revoke Harvard's tax-exempt status and threatened to bar the university from enrolling international students unless it provides certain student records.

Read more in-depth coverage:
Which Universities Have Faced Funding Dilemma Under Trump?

TL/DR: The Trump Administration's demands relate to antisemitism on campus around protests related to the war in Gaza and its push against diversity, equity, and inclusion programs.

What happens now? The clash is putting serious strain on the traditionally cooperative relationship between the federal government and universities that rely on federal funding to drive scientific research and innovation. Once viewed as a vital investment in the public good, that funding has now become a powerful tool of leverage for the Trump administration.

Deeper reading Harvard Sues Donald Trump: Read Complaint in Full

The rundown: A federal judge has ordered Immigration and Customs Enforcement (ICE) to restore the legal status of 133 students stripped of their F-1 visas and left facing deportation. Here's what to know.

Why it matters: Judge Victoria M. Calvert of Georgia's Northern District issued a temporary restraining order on Friday against the Trump Administration to stop it from taking the visas away from the students. The order will last 14 days. The lawsuit argued that by terminating the records, ICE is effectively stripping students of their legal status and rendering them subject to deportation. "DHS's act of unlawfully terminating SEVIS records appears to be designed to coerce students, including each Plaintiff, into abandoning their studies and 'self-deporting' despite not violating their status," the lawsuit reads. More than 1,500 student visas have been revoked as part of Trump's crackdown on immigrants engaged in political activism, according to data reported by Inside Higher Ed.

Read more in-depth coverage:
Student Visa Crackdown Hits Huge Milestone

TL/DR: "We believe this ruling shows the students are likely to prevail on their claims and we are pleased the court ordered the government to halt its unlawful actions while the lawsuit continues."

What happens now? The order gives the Trump administration until 5 p.m. on April 22 to restore the visas.

Deeper reading ICE Ordered to Reinstate Legal Status of Over 100 Students

The rundown: A White House strategy to strong-arm trade partners into joining its efforts to isolate China economically is far from assured of success, economic analysts said.

Why it matters: The administration's tariff rollout has been inconsistent, with some tariffs walked back within hours and a 90-day window given to many countries for negotiations. China was the exception, hitting back with its own hefty tariffs and prompting Trump to announce a further tit-for-tat hike. To further turn up the heat on China, Trump administration officials are pressuring over 70 U.S. trade partners to scale back trade with the world's second-largest economy and even introduce their own tariffs, The Wall Street Journal wrote last week. But rather than negotiating, Chinese President Xi Jinping is in the midst of a charm offensive, seeking to rally support from nearby Southeast Asia to Europe.

Read more in-depth coverage:
Donald Trump Issues Warning to China Over 'Cheating' Around Tariffs

TL/DR: President Trump's rollout of "reciprocal" tariffs—or taxes on imported goods—has roiled markets, raised the risk of recession at home and sowed uncertainty around the world.

What happens now? George Magnus, an associate at the University of Oxford's China Centre and the former chief economist at UBS, predicted they will adopt a "sit on the fence" approach—aiming to continue deepening ties into the China-centered trade and supply chain while at the same time retaining their access to the U.S., which accounts for nearly one-third of the world's consumer market.

Deeper reading Trump Tries To Isolate China

The rundown: The Miami housing market's pandemic boom is finally coming to a slowdown, as inventory rises and sales fall amid growing uncertainty over the impact of Trump's tariffs on the U.S. economy and Americans' personal finances. Get more details.

Why it matters: According to a recent Redfin report, 17.9 percent of pending home sales in Miami fell through in March, when spring homebuying season started to heat up, up from 16.1 percent a year earlier. The city had the 20th-highest share of cancellations in the country among the 50 most populous U.S. metropolitan areas. The number of listings on the Miami market in March, at 7,653, was up 4.7 percent from a month earlier, "a bigger increase than normal for this time of the year," according to a recent report by Realtor.com. It was also, significantly, 47 percent higher than in March 2024. Meanwhile, homes were also selling slower than at the same time last year, going under contract after an average of 66 days on the market, compared to 53 at the national level.

Read more in-depth coverage:
Florida Residents Struggling to Sell Their Homes—'Not Getting Any Showings'

TL/DR: As unsold inventory piles up in the state's market, prices are starting to fall in some of the most overvalued markets in Florida.

What happens now? The Florida markets that are undergoing a "price correction" are among the ones that were the most overvalued during the pandemic. According to Gerli, prices in Miami-Dade County are 20.3 percent overvalued "compared to the long-run norms, indicating some major downside risk."

Deeper reading Miami Housing Market Suffers 'Breathtaking' Collapse in Demand