Here’s your daily news wrap for Tuesday, May 31:

Duran Duran cancels upcoming shows due to lead singer Simon Le Bon’s throat problems.

Angelina Jolie and Brad Pitt have hinted at a possible engagement.

Lady Gaga reveals that she went bankrupt in the middle of her Monster Ball tour.

Katie Holmes and daughter Suri hit the beach in Malibu Beach during a Memorial Day beach party.

Nicole Scherzinger and her boyfriend, Lewis Hamilton, boarded a yacht in Monaco over the weekend.

Prince William and Kate Middleton cover the July issue of Vanity Fair.

Kourtney Kardashian celebrated Scott Disick’s birthday this weekend in Las Vegas and the Hamptons.

U.S. Representative Michele Bachmann has stated that there is plenty of room for her and former governor of Alaska Sarah Palin in the 2012 Republican field.

The University of Virginia won its fifth Division I lacrosse national title game, defeating Maryland by a score of 9-7.

Check out some tips to help your child read more.