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Structural columns buckled at Manhattan office-to-residential conversion, forcing evacuations and emergency stabilization efforts.
Iran attacked a Qatari tanker using the Omani route in the Strait of Hormuz, escalating disputes over route control and tolls as negotiations pause during Khamenei's funeral.
White House AI Litigation Task Force pressures states to repeal AI laws, with Colorado's first-in-nation anti-discrimination statute repealed May 2026 after federal DOJ lawsuit, exemplifying administration's interstate commerce preemption strategy.
Shell on Tuesday raised its second-quarter gas production forecast and said gas trading would be significantly stronger than in the previous quarter, helping offset disruptions linked to conflict in the Middle East.
Samsung stock falls 8-10% despite record Q2 profit guidance of 89.4 trillion won, as investors fear the windfall was already priced in.
Canada selected Germany's ThyssenKrupp Marine Systems (TKMS) over South Korea's Hanwha Ocean to build up to 12 submarines, with the decision marking a major setback for the Korean shipbuilder in Canada's 60 trillion won project to replace the Royal Canadian Navy's aging fleet.
NATO announced the joint procurement of up to 10 Saab GlobalEye surveillance aircraft to replace aging E-3 Sentry planes, replacing a planned Boeing purchase.
Nasdaq 100 futures fell 0.9% as investors rotated out of AI and chip stocks despite strong Samsung earnings, citing sustainability concerns.
SK Hynix launched a $28 billion US share sale on Monday, drawing $7 billion in investor interest as it capitalizes on the global AI boom.
Trump officially launched Trump Accounts for children on July 4, 2026, promoting the program as a wealth-building initiative for all American children with a $1,000 federal seed contribution.
S&P 500 reaches record highs amid AI infrastructure boom and strong corporate earnings, though valuation concerns linger.
Trump imposed 100% tariffs on imported patented pharmaceuticals on April 2, 2026, to pressure drugmakers toward MFN pricing and domestic production commitments.
Chicken prices surge to $2.20 from 87 cents amid Iran war disruptions to global energy and fertilizer supplies.
Trump administration pursues AI deregulation through executive orders challenging state laws and removing Biden-era safeguards, while selectively directing companies to delay model releases.
CMS proposes 2027 outpatient payment rule with 2.4% base increase but steep 340B drug cuts and expanded site-neutral pricing that hospitals warn will push many into negative net payment territory.
U.S. employers added only 57,000 jobs in June, falling far short of expectations and signaling a sharp slowdown in the labor market amid inflation concerns.
U.S. employment growth cooled sharply in June with 57,000 jobs added, down from an initially reported 172,000 in May—later revised to 129,000—marking a deceleration from spring momentum.
U.S. added only 57,000 jobs in June, missing expectations by 50%, with prior months revised down—raising concerns about labor market momentum.
President Trump reported more than $1.4 billion in cryptocurrency-related income in his 2025 financial disclosure, with digital assets emerging as his largest source of earnings.
Supreme Court rejected Trump's attempt to fire Fed Governor Lisa Cook, while giving him broader powers over other independent agencies.
U.S. business investment surged over 10% in Q1 2026, driven by AI infrastructure spending and Trump administration policies, creating a growth divergence with struggling consumer spending and housing.
Real GDP increased at an annual rate of 2.1 percent in the first quarter of 2026, beating expectations but masking weaker consumer demand and narrow growth foundation.
U.S. current account deficit widened to $226.8B in Q1 2026, exceeding forecasts, driven primarily by a swing in investment income flows.
Initial unemployment claims edged higher last week but were close to consensus, with first-time filings at 226,000 for week ending June 13, just above the 225,000 consensus.
U.S. gas prices fall below $4 per gallon for first time since March as oil markets respond to Trump's Iran ceasefire deal reopening the Strait of Hormuz.
Markets rallied Thursday on oil declines and Iran peace deal despite Fed's hawkish inflation stance signaling potential rate hikes.
On June 18, 2026, Intel Corp shares jumped nearly 9% in pre-market trading following President Donald Trump's announcement that Apple has agreed to collaborate with Intel on chip design and production in the United States.
President Trump on Wednesday said he would "rather not have" the North American trade agreement that was negotiated during his first term.
California AG Rob Bonta said the Paramount-Warner merger "is not a done deal" hours after the DOJ approved the acquisition.
U.S. retail sales jumped 0.9% in May, surpassing expectations, but debate persists over whether gains reflect real consumer strength amid war-driven inflation.
Christopher Nolan's 'The Odyssey' broke IMAX advance presale records with $1.5 million in early sales, signaling strong theatrical demand but amid skepticism about hype-to-performance correlation.
U.S. purchasing and supply executives forecast manufacturing revenue will increase 8.4% and services revenue 8.6% through 2026, substantially revised upward from December projections.
Universal Studio Group consolidates from four to three divisions as Pearlena Igbokwe oversees the merger of UCP and Universal International Studios into Universal Global Television under Beatrice Springborn.
Yum Brands sells Pizza Hut for $2.7 billion to private equity firm LongRange Capital and Yum China, divesting a struggling brand to focus capital on faster-growing KFC and Taco Bell.
Stock markets rallied worldwide Monday after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz, with Brent crude oil falling 4.8% to $83.17.
A coalition of tribal, conservation, and environmental justice organizations has filed a federal lawsuit seeking to stop a land exchange that would transfer more than 700 acres of wildlife refuge land in South Texas to SpaceX.
SpaceX agreed to buy AI startup Cursor for $60 billion in stock, concluding a deal announced in April, signaling aggressive expansion into enterprise AI coding tools.
NAHB housing market index fell to 35 in June, marking 26 consecutive negative months as affordability crises and elevated mortgage rates dampen builder confidence.
The SBA announced March 9 it limits eligibility for SBA-backed lending programs to businesses fully owned by U.S. citizens or U.S. nationals, reversing an earlier policy that allowed lawful permanent residents to apply for federal small-business loans.
Kevin Warsh presides over first FOMC meeting June 16-17, likely to shift Fed language from easing to neutral bias as inflation surges despite White House rate-cut pressure.
Telehealth companies are facing heightened scrutiny over inadequate patient screening and monitoring practices before prescribing GLP-1 weight loss drugs.
Anthropic filed for IPO on June 1, 2026, and OpenAI followed a week later on June 8, sparking a high-stakes race to become the first frontier AI company to go public.
SpaceX completed the largest IPO in history at $75 billion, instantly making Elon Musk a trillionaire and handing IPO buyers a 19% first-day return.
Spurs implement restrictions preventing ticket sales for Game 5 to customers outside a 150-mile radius after roughly 45% of Game 5 ticket purchases came from New York and New Jersey billing zip codes.
DOJ approves Paramount's $111 billion Warner Bros. Discovery merger with no conditions, citing increased competition in streaming.
Sen. Ed Markey and Rep. Nydia Velázquez introduced a bill to restore legal permanent residents' eligibility for SBA loans after Kelly Loeffler, head of the SBA, stated SBA loans "are for American citizens, and we're unapologetic about it."
Mexico's Chamber of Deputies passed AI-related labor and copyright reforms on April 7, 2026, but critics raise concerns over its technical feasibility and alignment with USMCA 2026 review.
HHS watchdog finds major Medicare Advantage insurers deny post-acute care at extraordinarily high rates—with 95% of appeals overturned—sparking debate over insurer profit motives versus prior authorization necessity.
May PPI beat forecasts at 1.1%, showing strongest wholesale inflation pressures since November 2022 as Iran war disrupts energy markets.
Trump signed a proclamation June 11 reopening three Pacific marine monuments to commercial fishing, removing restrictions from Papahānaumokuākea, Mariana Trench, and Rose Atoll monuments.
Wholesale inflation in May surged to 6.5% annually, fastest since November 2022, driven by Iran war energy disruptions amid sharp policy disagreement.
Telehealth companies prescribing GLP-1 weight loss drugs face intensifying scrutiny over inadequate patient screening and monitoring, with medical experts and regulators citing dosing errors and safety risks.
House approves Faster Labor Contracts Act 230-193, forcing employers to negotiate first union contracts within 90 days with federal mediation and arbitration as backstops.
SpaceX set a record $75 billion IPO at $135/share, with Musk maintaining 85% voting power, spurring debate over valuation, governance, and whether retail investors are being exposed to massive risk.
New York legislature passes seven AI bills in June 2026 expanding regulation to chatbots, news transparency, surveillance pricing, and employment—shifting from frontier model safety to regulating AI applications.
The Energy Information Administration reported U.S. power consumption will rise further in 2026 and 2027, driven by AI-hungry data centers, forcing critical decisions on electricity system expansion financing and infrastructure investment.
House approved bill 230-193 to speed first union contract negotiations through federal mediation and arbitration.
OpenAI filed confidentially for an IPO, just over a week after rival Anthropic, escalating competition between the two AI firms for capital and valuation advantage.
Asian stocks fell sharply on Monday with technology and artificial intelligence stocks leading declines as investors collected big profits from a major rally in the sector, while worsening military tensions in the Middle East also weighed.
Italy's largest bank Intesa Sanpaolo launched a €30.6 billion ($35.3 billion) bid for rival Banca Monte dei Paschi di Siena, triggering a contested acquisition battle.
Broadcom's failure to raise its AI chip outlook Wednesday night caused chip stocks to lose ground, with Friday's selling reaching new intensity as traders fled the semiconductor sector.
Stock market fell on June 5 as a stronger-than-expected jobs report showing 172,000 payrolls increased sparked Treasury yield surges, raising Fed rate hike expectations.
Lululemon cut its fiscal 2026 revenue guidance to $11–$11.15 billion and saw shares drop 11% after blaming negative media commentary and failed product launches.
The economy added 172,000 jobs in May, shattering expectations and marking significant labor market growth.
FIFA's unprecedented dynamic pricing for 2026 World Cup tickets has sparked widespread outrage and regulatory investigations from multiple U.S. states over record-high costs that price out ordinary fans.
51% of returning marketplace enrollees in 2026 say their costs are "a lot higher," following the expiration of enhanced subsidies.
The May employment situation is scheduled for release Friday, June 5, 2026, at 8:30 a.m., with economists surveyed by Dow Jones expecting just 80,000 jobs added, marking a step down from the 150,000 average over the prior two months.
Scary Movie reboot opens with $7.5M in previews, signaling potential R-rated comedy resurgence and major franchise revival after 13-year hiatus.
Anthropic posted a blog on June 4, 2026, asking big AI companies to voluntarily slow down or pause work on their most advanced models, citing risks of uncontrolled AI self-improvement.
Quantinuum priced its $1.68 billion IPO at $60/share on June 3 and began trading on Nasdaq on June 4, closing flat despite investor demand, raising questions about quantum computing valuations amid a 450x revenue multiple.
Broadcom shares plunged by the most in more than 16 months after the company's forecast for sales of its artificial intelligence chips disappointed investors.
USDA confirmed the detection of a New World screwworm in a bovine in Zavala County, Texas, the first confirmed detection of New World screwworm in Texas since 1966.
Website traffic from AI agents and bots has eclipsed its human-generated counterpart for the first time, according to Cloudflare, with major implications for publishers and advertisers.
U.S. business investment surged over 10% in Q1 2026, driven by AI-related capital spending, marking a significant economic bright spot amid tariff and inflation concerns.
The 83-year-old director is backing and serving as an advisor for an AI upstart called Black Forest Labs and played with AI during preproduction on a new film.
AI-related capital investment drove 75% of Q1 2026 GDP growth, raising questions about economic concentration and monetization sustainability.
Telehealth GLP-1 companies face renewed scrutiny over inadequate patient screening and dosing errors, with medical experts citing lack of standardized evaluation criteria.
SpaceX filed to raise $75 billion at $1.77 trillion valuation in largest-ever IPO, potentially making Musk world's first trillionaire while maintaining 82% voting control.
Trump administration proposes 10% or more tariffs on dozens of major trading partners following forced labor import probe.
Two low-budget indie horror films from young YouTube creators beat Disney's $165 million Star Wars film at the box office, signaling major industry shift.
ADP chief economist Nela Richardson flagged part-time employment at 42% in May as a concern, noting it is higher than five years ago.
Stocks pulled back from record levels after a weak forecast from Broadcom Inc. dented momentum in the artificial-intelligence trade that has driven markets higher this year.
ADP chief economist Nela Richardson flagged part-time employment at 42% in May, a concerning high that exceeds levels from five years ago despite overall strong job growth.
CBS News fired veteran "60 Minutes" correspondent Scott Pelley on Tuesday, a day after he confronted the show's new executive producer at a heated staff meeting.
Canada formally submitted a proposal on Tuesday to renew the USMCA for 16 years, coinciding with Mexico's support for extension as the July 1 review deadline approaches.
SpaceX roadshow begins June 4 with pricing June 11 and Nasdaq trading June 12 under ticker SPCX at $1.75 trillion valuation.
Half of returning ACA Marketplace enrollees say their health care costs are "a lot higher" this year following expiration of enhanced premium tax credits in December 2025.
Trump signed an executive order asking tech companies to voluntarily submit AI models for 30-day government review before release, rejecting earlier mandatory vetting proposals after industry pushback.
President Trump signed an AI executive order on June 2, 2026 asking AI developers to voluntarily submit frontier models for 30-day federal review before public release.
Job openings surged to 7.6 million in April—highest since May 2024—but hiring collapsed and worker confidence hit pandemic lows.
Martin Scorsese has become an advisor to AI company Black Forest Labs, using its FLUX technology for storyboarding, sparking both endorsement and fierce backlash from Hollywood artists and filmmakers.
U.S. job openings surged to 7.6 million in April—highest since May 2024—but hiring fell sharply, deepening a low-hire, low-fire labor market.
Eli Lilly issued a June 1 ultimatum to multiple hospitals that have resisted its data submission policy, giving about 70%, or 2,350 distinct entities, compliance and around 1,000 covered entities a five-day deadline to submit claims data or lose 340B Drug Pricing Program discounts.
GLP-1 obesity drugs deliver significant lifetime health benefits but affordability barriers persist despite Trump administration pricing deals and Medicare's $50 copay bridge program.
Shifting U.S. trade policy has created uncertainty and led to higher prices for Americans who fill their prescriptions abroad.
FedEx completed the spinoff of FedEx Freight on June 1, 2026, distributing 80.1% of shares to shareholders and establishing an independent LTL carrier.
Powell warned about political pressure on the Fed while accepting a JFK Profile in Courage Award Sunday.
S&P 500 hits record high as Nvidia-led tech rally overpowers oil spike tied to Middle East tensions and Strait of Hormuz shutdown threats.
Berkshire Hathaway agreed to acquire Taylor Morrison for $72.50 per share in cash, representing approximately $6.8 billion in equity value and $8.5 billion in total enterprise value, marking Greg Abel's first major strategic deal as CEO.
The Department of Justice intervened in April 2026 on behalf of xAI in a federal lawsuit challenging Colorado's AI Act, marking the first time the federal government had sought to invalidate a state AI law.
Costco saw unprecedented gas demand requiring multiple daily tanker deliveries as prices surged above $4 nationwide and $6 on the West Coast.
Phia founders appeared on CBS Mornings May 29 revealing celebrity investors behind $35.5 million Series A round.
Blue Origin's New Glenn rocket exploded during a test firing at Cape Canaveral on May 28, destroying the vehicle and threatening the company's June satellite launch schedule.
CEO confidence plummeted 12 points in Q2 2026, falling back into negative territory as the Iran war disrupted energy markets and derailed optimism from earlier in the year.
CEO confidence fell to 47 in Q2 2026 from 59 in Q1, signaling economic deterioration amid Iran war disruptions to global energy markets and trade routes.
Trump's prescription drug price shifts through voluntary MFN deals and TrumpRx create uncertainty as drugmakers continue raising prices on most medications despite his promises.
US inflation hit 3.8% in April 2026, a three-year high driven by Iran war energy costs, with Commerce Department releasing the PCE price index data on May 28, 2026.
A Google software engineer was charged with using confidential company information to make $1.2 million on Polymarket prediction market.
A Google employee was charged with fraud for making $1.2 million off bets using insider information on Polymarket, marking the second major insider trading case on the prediction market platform.
PCE inflation hit 3.8% in April, the highest in three years, driven by Iran war energy shocks and tariffs, creating political headwinds before midterm elections.
Federal prosecutors charged a Google employee with fraud on Wednesday, alleging that he made $1.2 million off of bets using insider information on Polymarket.
Robinhood announced it will allow users to let AI make stock trades and credit card purchases on their behalf.
Kevin Warsh's first meeting as chair of the FOMC is scheduled for June 16-17, marking a critical early test of his leadership amid political pressure and inflation concerns.
Trump postpones signing AI cybersecurity executive order hours before ceremony after pressure from tech billionaires and advisers opposing pre-release model testing frameworks.
Trump postponed signing an executive order establishing a voluntary AI model review process hours before the planned ceremony, citing dislike of certain aspects.
Trump postponed signing an executive order on voluntary AI model review after saying he "didn't like certain aspects" of it, citing concerns about U.S. competitiveness with China.
Secretary of State Marco Rubio's India visit aims to repair U.S.-India trade tensions caused by Trump's tariffs and policies favoring Pakistan.
U.S. stocks rose Friday with the Dow reaching an intraday record high as investors cheered signs of progress in talks to end the Middle East conflict, while Kevin Warsh was sworn in as chair of the Federal Reserve on Friday at a pivotal moment for the U.S. economy as higher gasoline prices tied to the Iran conflict fuel inflation and weigh on consumer sentiment.
UBS tripled Micron's price target to $1,625, propelling the chipmaker above $1 trillion market cap amid claims of structural industry shift toward long-term supply agreements.
FDA expands scrutiny of AI use in drug manufacturing and regulatory processes, emphasizing companies remain accountable for AI-generated outputs.
Growing numbers of mental health therapists are using AI for session notes and admin work, raising sharp divisions over privacy risks and therapeutic trust versus efficiency gains.
NPR reported Delta Air Lines' AI baggage handling system at Atlanta improved transfer success rates by 20 percent while maintaining worker jobs.
FDA senior officials were blindsided by leadership's decision to publish new guidelines allowing more unauthorized e-cigarettes and nicotine pouches onto the market without full regulatory vetting.
As of late April 2026, the Commerce Department has not yet publicly released its evaluation of state AI laws, creating uncertainty about Trump's AI Litigation Task Force litigation timeline.
A gas explosion at the Liushenyu coal mine in Shanxi killed at least 90 people on Friday evening, the deadliest mining disaster in China in over a decade.
NEADA projects electricity bills 8.5% higher this summer than last, with Southern states seeing bigger increases, driven by rising prices and record heat.
Byron Allen's 'Comics Unleashed' filled Stephen Colbert's CBS late-night slot on Friday with a politics-free comedy format, marking a dramatic shift in network programming strategy.
SpaceX launched its biggest Starship rocket on a test flight Friday, an upgraded version that made its debut two days after CEO Elon Musk announced he's taking the company public.
Electricity costs have risen 39% over five years, and this summer's heat wave threatens to spike household bills 8.5% higher as cooling demands surge.
SpaceX launched its biggest Starship on a test flight two days after CEO Elon Musk announced the company is going public.
A gas explosion at a coal mine in China's Shanxi province killed at least 90 people, marking the country's deadliest mining disaster in over a decade.
FDA's tobacco center staff were blindsided by a decision opening the door to allowing more unauthorized e-cigarettes and nicotine pouches onto the U.S. market.
Kevin Warsh sworn in as Federal Reserve chair at White House, raising concerns about central bank independence amid Trump's long-standing demands for interest rate cuts.
Kevin Warsh was sworn in as the chairman of the Federal Reserve on Friday, taking the reins of the central bank from Jerome Powell after a ceremony at the White House, testing whether he can maintain independence amid Trump's demands for rate cuts and inflation pressures.
U.S. and China readouts of May 15 summit reveal minor inconsistencies on agriculture, tariffs, and rare earths—with each side claiming different agreements than the other.
FDA's new enforcement discretion guidance allows unauthorized e-cigarettes and nicotine pouches onto U.S. market before full regulatory vetting.
FDA approved a new higher dose (7.2 mg) of Wegovy (semaglutide) injection called Wegovy HD on March 19, 2026, just 54 days after filing under the Commissioner's National Priority Voucher pilot program.
Record 45 million Americans expected to travel Memorial Day weekend 2026 despite highest gas prices since 2022.
Gas prices reach $4.55 per gallon nationally as record 45 million Americans prepare for Memorial Day travel.
President Trump scrapped the signing of an executive order that was expected to lay out partnerships with leading AI companies to vet cutting-edge models, citing concerns about maintaining competitive advantage over China.
SpaceX files for record $75 billion IPO with controversial governance giving Musk 85% voting control and shareholder protections stripped, as company reports billions in xAI losses.
Eli Lilly's next-generation obesity drug retatrutide cleared a crucial late-stage trial, with the highest dose helping patients lose 28.3% of their weight over 80 weeks.
Walmart issued a forecast for the current quarter weaker than Wall Street expected, citing inflation and gasoline prices from the Iran war eating into consumer spending.
OpenAI is preparing to confidentially file for IPO as soon as Friday with a valuation of more than $850 billion, marking one of the largest public market debuts in history.
Meta laid off 8,000 workers (10% of its workforce) in May while reassigning 7,000 employees to AI-focused roles as part of a strategic pivot toward artificial intelligence infrastructure.
Minnesota Governor Tim Walz signed the nation's first law banning prediction market sites, prompting the Trump administration to sue, setting up a federal legal battle over state versus federal regulatory authority.
A California judge gave Kars4Kids 30 days to either take its ads off the air or update them to disclose its affiliations to a Jewish charity based in the Northeast.
Netflix's first MMA event with Rousey-Carano debut drew 12.4M average global viewers, peaking at 17M, marking highest US MMA viewership ever at 11.6M.
Bond markets are painting a different picture from stocks, with the growing divergence ringing alarm bells for investors amid mounting inflation fears, geopolitical tension and ongoing uncertainty around the Iran war.
Cava beat Q1 earnings expectations with 32% revenue growth and raised full-year guidance, signaling momentum despite industry headwinds.
Nvidia's fiscal 2026 first-quarter earnings report released May 20 is the market's focus, dominating stock market attention amid debate over dominance, valuation, and AI spending sustainability.
The FTC began enforcing the Take Down Act on May 19, requiring websites to remove nonconsensual deepfake media within 48 hours after victim notification or risk fines and FTC investigation.
DOJ bars IRS from examining Trump's past tax returns and those of his family and businesses in settlement terms signed Tuesday.
Toll Brothers reported fiscal Q2 2026 earnings on May 19, 2026, with EPS of $2.72 exceeding analyst expectations of $2.58 by 5.43%.
Nearly eight in 10 employers report that GLP-1s are driving an increase in their company's health care costs, leaving many to consider some difficult choices in balancing costs and care.
Stocks fell as a jump in bond yields threatened the bull market by adding pressure on the U.S. consumer and undermining the growth of technology stocks.
Home Depot beat Q1 2026 sales and earnings expectations despite a 4.2% drop in net earnings, signaling cautious consumer spending amid a weak housing market.
Trump expands TrumpRx platform with 600+ generic medications, amid debate over whether his drug pricing deals deliver real savings or mislead Americans.
Kevin Warsh is set to be sworn in on May 22, 2026, at the White House, with President Donald Trump swearing him in as Federal Reserve chair.
A California jury unanimously found Elon Musk was beyond the statute of limitations in his $150 billion lawsuit against OpenAI CEO Sam Altman, which Judge Yvonne Gonzalez Rogers dismissed.
NextEra Energy to acquire Dominion Energy in $67 billion all-stock deal creating world's largest regulated utility amid AI data center power demand surge.
A federal jury ruled against Elon Musk in his lawsuit against Sam Altman and OpenAI, with Musk calling the statute-of-limitations verdict a 'calendar technicality.'
Samsung Electronics and its labour union plan to hold more talks on Tuesday in a bid to avert the biggest strike in the tech giants history, amid concern that a walkout by more than 45,000 workers could hit South Korea's economy and disrupt global supply chains.
Trump's new financial disclosures show he made between $220 million and $750 million in securities trades in Q1 2026, raising ethics scrutiny over policy-timing correlations.
President Donald Trump moved to drop his $10 billion lawsuit against the Internal Revenue Service over the 2019 leak of his tax information, with the Department of Justice announcing an "anti-weaponization fund" as part of the settlement.
CBS poll shows 7 in 10 Americans frustrated with Trump's economic approach as inflation and gas prices climb.
Netflix hired Elle Duncan as its first full-time sports broadcaster, signaling the platform's commitment to building permanent sports infrastructure as it expands live event offerings.
Rising Treasury yields driven by inflation fears tied to Iran war disrupt stock markets as new Fed Chair Warsh confronts sticky prices and rate-hike pressures.
Kevin Warsh faces his first test as Fed chair with global bond markets sending borrowing costs markedly higher, complicating his ability to deliver the rate cuts Trump expects amid persistent inflation.
Cambria CEO Marty Davis has successfully asked the U.S. government to put tariffs on quartz.
Major U.S. stock indices fell sharply on May 15 as elevated oil prices, geopolitical tensions over Iran, and rising Treasury yields fueled inflation concerns, with the Nasdaq dropping 1.5% and tech stocks leading declines.
Supreme Court set to consider six pharmaceutical petitions on May 14 challenging Medicare drug negotiation program's constitutionality after industry's repeated lower court defeats.
HHS leadership accelerates search for permanent FDA Commissioner to be presented by early June, navigating tensions between pharmaceutical industry demands for predictability and Kennedy's MAHA movement pushing radical health reforms.
Top economic forecasters more than doubled inflation projections to 6% for Q2 2026, citing U.S.-Israel military action against Iran as the primary driver of energy price surges.
Jerome Powell's term as Fed Chair ends May 15 as Kevin Warsh assumes leadership amid surging inflation from Iran War energy shocks and debate over whether the Fed should hold, cut, or raise interest rates.
Trump returns from Beijing summit claiming trade wins but announcing no major breakthroughs on Taiwan, Iran, or human rights issues.
Oklahoma filed a lawsuit against Roblox on Thursday, becoming the latest state to take legal action against the popular gaming platform over child safety concerns.
Palm Beach County approved a trademark licensing deal with Trump's company controlling the airport name and branding, raising concerns about potential profits from off-site merchandise sales.
Colorado Governor Polis signed SB 189 on May 14, 2026, which repeals and replaces the original AI law, delaying the effective date from June 30, 2026, to January 1, 2027, while significantly scaling back requirements.
A federal jury in Chicago awarded $49.5 million to the family of Samya Stumo, a 24-year-old American who died aboard Ethiopian Airlines Flight 302 in March 2019, marking a civil victory for crash victims' families seeking accountability.
Nvidia stock surged on U.S. approval for H200 AI chip sales to 10 Chinese companies, but Beijing's resistance stalls actual shipments.
Cerebras Systems surged 68% on its Nasdaq debut, closing at $311.07 after selling shares at $185, valuing the chipmaker at about $95 billion.
Retail sales growth decelerated to 0.5% in April from 1.6% in March as higher Iran-war-driven gas prices crowded out discretionary spending despite generous tax refunds.
S&P 500 closes above 7,500 for the first time, driven by AI-related gains and strong earnings despite inflation concerns and geopolitical tensions.
Cisco Systems closed Thursday at $115.53, up 13.41%, driven by blowout fiscal Q3 report, raised guidance, and AI‑driven orders.
U.S. jobless claims rose to 211,000 in the week ending May 9 as Iran war uncertainty weighs on hiring and inflation climbs to 3.8% annually.
SpaceX plans to disclose its IPO prospectus as early as next week, targeting a historic $1.75-$2 trillion valuation.
Trump and Xi opened a two-day summit in Beijing on Thursday morning, kick-starting high-stakes talks expected to cover trade, tariffs, Taiwan and Iran.
The Republican-led Senate Banking Committee on Thursday is set to consider long-awaited legislation that would create regulations for cryptocurrencies, marking the specific angle of how the markup vote determines the bill's path forward.
Retail cannabis sales in mature markets decline despite legalization gains as oversupply and price compression squeeze operators, offsetting growth in emerging states.
The Supreme Court is considering whether to take up six pharmaceutical companies' petitions challenging the IRA's Medicare drug negotiation program after lower courts ruled the program constitutional.
U.S. trade court ruled that President Trump's latest round of global 10% tariffs are invalid, marking another legal defeat for his tariff agenda.
Samsung denies intentional misuse of Dua Lipa's image on TV packaging after she sued for $15 million, blaming a third-party content partner for providing false assurances that permissions were secured.
Trump administration sharply split over plan giving intelligence agencies larger role in evaluating AI models versus Commerce Department's civilian space.
Wholesale prices rose 6% on an annual basis in April, the biggest increase since December 2022, driven by energy costs from the Iran war and tariff-related services inflation.
Florida Attorney General James Uthmeier issued an investigative subpoena targeting the league's Rooney Rule and related hiring practices on May 13, expanding his challenge against the NFL's diversity hiring policies.
Senate confirms Kevin Warsh as Federal Reserve Chair in highly partisan 54-45 vote, clearing procedural path; his confirmation as governor removed barrier to chair vote amid concerns over Fed independence.
Wholesale inflation surged 6% annually in April, highest since 2022, driven by Iran war energy shocks and persistent tariff costs forcing businesses to pass prices to consumers.
Producer prices climbed 1.4% in April, far above market expectations of 0.5%, pushing wholesale inflation to 6% annually.
Cisco stock surges 15% after Q3 earnings beat and doubling AI infrastructure orders forecast to $9 billion amid 4,000-job layoffs.
Kevin Warsh was confirmed Wednesday as the next Federal Reserve chair, in a 54-45 vote that was the closest in the modern era.
Surging jet fuel costs from the Iran war force airlines to slash short regional flights, with Lufthansa cutting 20,000 such flights and low-cost carriers facing potential failure.
Trump lands in Beijing with Elon Musk and Tim Cook, signaling a business-focused China summit centered on economic deals over national security concerns.
AMD and Micron semiconductor stocks recovered after a profit-taking selloff on May 12, fueling debate over whether the AI-driven chip rally is sustainable or dangerously overvalued.
Tech stocks climbed 1% on May 13 as the S&P 500 rose 0.4%, despite hotter-than-expected wholesale inflation data.
Jensen Huang joined Trump's delegation to China after Trump called the CEO following media coverage of his initial absence.
Trump arrives in Beijing for two days of high-stakes talks with Xi Jinping focused on trade, Iran war, and Taiwan.
Producer price index rose 1.4% in April, the largest monthly gain since March 2022, far exceeding the 0.5% consensus forecast.
Colorado legislature passed SB 189 on May 12, replacing its comprehensive AI law with a narrower disclosure-based framework, expected to be signed by Governor Polis.
Consumer prices rose at an annual rate of 3.8% in April, fueled by the spike in energy costs from the war in Iran.
FDA Commissioner Marty Makary resigned on Tuesday after clashing publicly with lawmakers, major pharmaceutical companies and President Trump himself.
Trump heads to Beijing May 14-15 to meet Xi amid competing demands on trade, AI chip restrictions, and broader geopolitical tensions including Iran and Taiwan.
Parents of 19-year-old Sam Nelson who died from a drug overdose sued OpenAI, alleging ChatGPT provided dangerous drug advice over 18 months.
Instructure reached an agreement with hackers to delete stolen data from Canvas after a cyberattack affecting millions of students.
California is poised to ban the recycling symbol from most plastic waste.
US stocks fell May 12 as April inflation reached 3.8%, oil surged on Iran war uncertainty, and markets priced in delayed Fed rate cuts.
April CPI inflation hit 3.8% annually, the highest since May 2023, as the Iran war pushed up energy costs across the economy.
New research finds that ICE raids and deportation fears disrupted local economies, reduced work among undocumented immigrants, and may have hurt some U.S.-born workers too.
Nelson Peltz's Trian Fund Management is seeking investor backing for a potential bid to take Wendy's private, causing shares to surge as much as 14%.
Dua Lipa has filed a $15 million lawsuit against Samsung, alleging that the electronics manufacturer used her likeness to sell TVs without paying her and without permission.
eBay rejected GameStop's $56 billion unsolicited takeover bid, calling it 'neither credible nor attractive' due to financing uncertainty and operational risks.
New analysis questions whether GLP-1 weight loss drugs can be affordably scaled to millions at current prices, as employers drop coverage and federal programs face trillion-dollar budget pressures.
Instructure reached an agreement with hackers on May 11 for an undisclosed amount, announcing compromised data was destroyed.
Netflix announces $135 billion investment in film and TV over past decade, fueling debate about its market dominance and pricing power.
Senate confirms Kevin Warsh to Federal Reserve Board of Governors in 51-45 vote, clearing path for separate chair confirmation vote expected Wednesday.
Consumer prices rose 3.8% annually in April, the highest since May 2023, driven by energy price shocks from the Iran war.
eBay on Tuesday rejected GameStop's $56 billion takeover proposal, calling the unsolicited bid "neither credible nor attractive."
Tesla ended production of the Model S sedan and Model X SUV in May 2026, ending a historic 14-year run for two of the most influential electric vehicles ever made.
Texas Attorney General Ken Paxton sued Netflix for allegedly spying on children and other consumers by collecting their data without consent, and designing its platform to be addictive.
Trump administration sharply split over plan to give U.S. spy agencies more sway in AI regulation.
The S&P 500 and Nasdaq hit fresh all-time highs despite Trump rejecting Iran's ceasefire proposal and calling the truce "on life support".
Qualcomm's Q2 earnings beat and CEO Cristiano Amon's confirmation of data center chip shipments to a hyperscaler in 2026 sent stock to all-time intraday high of $247.90 on May 11.
Existing home sales barely moved in April at 4.02 million units, flat year-over-year, disappointing economists and highlighting continued weakness in the spring homebuying season amid mortgage rate volatility and affordability constraints.
Dua Lipa sued Samsung for $15 million after the electronics company put the singer on television boxes without permission.
Bloomberg investigation reveals Hartbeat spent the past year in significant internal turmoil with leadership conflicts and strategic disarray.
Mortal Kombat II and The Devil Wears Prada 2 battle for Mother's Day weekend #1, with $40-42M each and Sunday deciding the winner.
The Bureau of Labor Statistics reported employers added 115,000 jobs in April, exceeding economist expectations of 62,000 jobs.
Intel reached a preliminary deal to make some chips for Apple devices, a potential boost to Intel's contract manufacturing business and Washington's push to shore up U.S. chip production.
Consumer sentiment hit record low of 48.2 in May 2026 as surging gas prices from Iran war and Trump's tariffs weighed on Americans' economic outlook.
CAISI announced new agreements with Google DeepMind, Microsoft and xAI to conduct pre-deployment evaluations and targeted research to assess frontier AI capabilities and advance AI security.
April jobs report added 115,000 jobs, beating expectations but masking labor market weakness amid revisions and concentrated gains in healthcare.
ShinyHunters ransomware group claimed responsibility for hacking Canvas learning platform, affecting 30 million students at 9,000 schools globally, exposing names, emails, and messages.
Consumer sentiment fell to a record low of 48.2 in May according to a University of Michigan survey, driven by surging gas prices due to the Iran war.
April jobs report adds 115,000 positions, beating forecast but masking wage stagnation and labor force withdrawal amid Iran war inflation surge.
U.S. added 115,000 jobs in April, far exceeding forecasts of 55,000-65,000 and marking the second straight month of large gains.
S&P 500 gains 0.5% as oil prices decline; market benefits from lower energy costs despite ongoing geopolitical tensions.
Federal court strikes down Trump's 10% global tariffs as illegal under trade law, narrowing relief to specific plaintiffs.
The Court of International Trade struck down a second round of global tariffs ordered by President Trump, after his earlier import taxes were outlawed by the U.S. Supreme Court.
Billionaire hedge fund manager Paul Tudor Jones warned Thursday that the U.S. is late to regulating AI, calling for immediate watermarking to distinguish between real content and deepfakes.
Shell's adjusted net income rose to $6.92 billion in Q1 2026, beating analyst estimates and reaching its highest level in two years, driven by war-related oil price spikes.
Brazilian President Luiz Inácio Lula da Silva met President Donald Trump at the White House as Brazil seeks to avoid future tariffs.
Arm Holdings tumbled Thursday on investor worries about the company's ability to secure sufficient supplies for its new AI chip to meet demand, despite beating earnings expectations.
McDonald's Q1 2026 earnings beat amid value strategy focus as economic inequality reshapes consumer spending patterns.
CMS extended the Medicare GLP-1 Bridge through Dec. 31, 2027, providing eligible beneficiaries $50/month weight-loss drugs after privatization plan failed.
Citigroup's stock fell after the bank set long-term profitability targets that analysts said fell short of investor expectations, with the 14-15% return on tangible common equity target by 2031 drawing criticism for lacking ambition.
Trump administration announced agreements with Google DeepMind, Microsoft and xAI for pre-deployment testing of AI models, marking a sharp reversal from its hands-off stance after concerns over Anthropic's Mythos cybersecurity model.
AMD's Q1 2026 earnings beat sparked a 19% stock surge as data center revenue surged 57% amid AI demand, though valuations trigger skepticism.
86 million Americans owe a record $1.68 trillion in auto loan debt, with working families financially squeezed by rising car prices and interest rates.
Trump administration announces agreements with Google, Microsoft, and xAI to evaluate AI models before public release, and weighs executive order creating working group to establish formal AI model vetting procedures.
AMD stock surged 18% after reporting Q1 earnings that beat estimates on surging data center AI demand, but supply constraints and valuation concerns remain flashpoints.
Ted Turner, who founded CNN and revolutionized television news, died peacefully Wednesday at 87, surrounded by his family.
US stock markets hit record highs on May 6, 2026, as AI chipmaker earnings and easing Middle East tensions from Iran peace hopes lifted major indexes.
Uber beat EPS expectations while missing revenue narrowly, but strong Q2 guidance and 44% EPS growth drove 10% stock surge despite macro headwinds.
Disney beat Q2 earnings expectations with $25.2B revenue and strong streaming profitability under new CEO Josh D'Amaro's first earnings report.
Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, with revenue of $10.25 billion and earnings of $1.37 per share, driving a stock surge.
The S&P 500 rose 0.72%, the Dow Jones Industrial Average gained 0.94%, and the Nasdaq climbed 0.73% as the White House believed it was getting close to a one-page memorandum of understanding with Iran to end the conflict and set a framework for nuclear negotiations.
Private sector employment increased by 109,000 jobs in April, exceeding economists' estimates of 99,000.
Pennsylvania Governor Josh Shapiro announced a lawsuit against Character.AI to stop chatbots from posing as licensed medical professionals, marking a first-of-its-kind enforcement action.
Five major publishers and author Scott Turow filed a class-action lawsuit against Meta and CEO Mark Zuckerberg, alleging the company pirated millions of copyrighted books and journals to train Llama.
Pfizer beats Q1 earnings but reaffirms 2026 outlook, missing opportunity to raise guidance after exceeding quarterly expectations.
Trump administration announced nearly $1 billion payout to TotalEnergies to abandon offshore wind projects, continuing a broader strategy to defund renewable energy.
GameStop made an unsolicited, nonbinding offer to acquire eBay for $125 per share in a cash-and-stock deal, valuing the e-commerce platform at roughly $55.5 billion.
Jeff Bezos and Lauren Sánchez Bezos serve as honorary chairs and lead sponsors of the 2026 Met Gala, sparking major backlash over wealth inequality and Amazon labor practices.
Amazon launched Supply Chain Services, opening its logistics network of freight, distribution, fulfillment, and parcel shipping directly to all businesses, pitting it against UPS and FedEx.
Dow fell 433 points as UAE intercepted Iranian missiles, with oil prices spiking on ceasefire collapse fears.
HSBC downgrades AMD to Hold ahead of May 5 earnings, citing valuation concerns after 77% April rally despite strong AI data center fundamentals.
Palantir reports Q1 2026 earnings on May 4 as Wall Street expects $1.54B revenue and $0.28 EPS, with the company's AI platform facing its most scrutinized quarter amid valuation concerns.
Colorado lawmakers introduced Senate Bill 189, a compromise to replace the state's groundbreaking AI law with a narrower transparency-focused framework that delays implementation to January 2027.
Texas House Committee on Health Care Affordability held second-day hearing Friday on insurance and insurance companies' role in rising healthcare costs, with committee expected to provide final policy recommendations ahead of 2027 legislative session.
Spirit Airlines ceased operations after failing to secure a $500 million federal bailout.
Pentagon estimates U.S. blockade cost Iran $4.8 billion in oil revenue, but experts debate blockade's effectiveness as negotiating leverage amid global economic disruption.
Michael Jackson biopic 'Michael' crossed $300M worldwide, becoming the No. 2 musical biopic ever behind 'Bohemian Rhapsody.'
Federal debt exceeded $39 trillion for the first time, outgrowing the entire U.S. economy.
Spirit Airlines started an orderly wind-down of operations on May 2, 2026, effective immediately, after failing to reach a deal for a $500 million federal bailout.
Pickleball Inc. raised a record $225 million in new investment in May 2026, consolidating the sport's largest professional entities under one ecosystem.
Federal Reserve Vice Chair for Supervision Michelle Bowman said regulators must ensure safety and soundness without hindering innovation in banking AI adoption.
Global May Day rallies on May 1 united millions of workers protesting rising energy costs from the Iran war and wealth inequality.
Apple beats Q2 earnings expectations with $111.2B revenue but faces questions about AI strategy and leadership transition under incoming CEO Ternus.
Donald Trump signed an executive order Thursday directing the Treasury Department to launch TrumpIRA.gov, a federal portal connecting workers to private-sector retirement accounts — but the matching benefits at the heart of the initiative were created by a law signed by his predecessor, President Biden.
UAE exits OPEC after 59 years effective May 1, citing national interests and production flexibility amid Iran war, signaling strategic realignment with Washington.
Trump signed an executive order expanding sanctions on Cuba, authorizing penalties on foreign companies and financial institutions doing business with the island.
S&P 500 and Nasdaq hit new record highs on May 1 amid strong corporate earnings and easing geopolitical tensions, though wealth inequality persists.
Nearly 500 organizations plan over 750 May Day 2026 events nationwide as workers boycott jobs, school and shopping under a Workers Over Billionaires motto, with events in New York, Washington D.C., Minneapolis, Chicago, Los Angeles and other cities.
Sen. Elizabeth Warren led reintroduction of the Ultra-Millionaire Tax Act, which would generate $6.2 trillion in revenue over the next decade by applying a wealth tax to fortunes above $50 million.
Q1 GDP grew 2% as investment and government spending led recovery, but consumer spending decelerated to 1.6% from 1.9%, raising concerns about growth sustainability.
NCAA Division III Presidents Council approves framework to review NIL activities amid broader federal push to regulate athlete compensation through Trump's executive order.
U.S. economy grew at 2% in Q1, below 2.3% economist expectations, driven by narrow AI investment while consumer spending slowed.
Elon Musk concluded his testimony on April 30 in his lawsuit against OpenAI after three days on the stand.
Q1 GDP grew 2%, missing economist expectations of 2.2-2.3%, propped up by AI investment and government spending while consumer demand weakened.
Inflation gauge jumped 0.7% in March, with prices rising 3.5% year-over-year, the biggest increase in almost three years, driven by Iran war gas price surge.
US average gasoline prices hit a four-year high of $4.30 per gallon on Thursday, according to AAA.
Apple reported Q2 fiscal 2026 earnings of $111.2 billion in revenue and $2.01 EPS, both beating Wall Street expectations.
Q1 GDP and PCE inflation data due Thursday will test whether weak growth and elevated inflation force the Fed into stagflation constraints, shaping policy under incoming Chair Kevin Warsh.
Oil prices surpassed $125 a barrel Thursday as President Trump mulls an extended blockade of Iranian ports.
Apple reports Q2 2026 earnings as Tim Cook faces first earnings call before handing CEO reins to hardware chief John Ternus in September.
Powell stays on Fed board after chairmanship ends, citing unprecedented Trump legal attacks on the central bank's independence.
Senate Banking Committee advanced Kevin Warsh's nomination for Federal Reserve chair in a 13-11 party-line vote, moving him to full Senate confirmation.
US pledges $100 million toward Chornobyl nuclear containment repairs after Russian drone strike, contributing 20% to estimated $500 million G7 restoration effort.
Meta stock fell 7% after reporting Q1 capex of $19.84 billion below estimates and raising 2026 guidance to $125-145B, while daily active users fell short expectations partly due to internet disruptions in Iran and WhatsApp restrictions in Russia.
On March 20, 2026, the Trump administration issued a National Policy Framework for Artificial Intelligence outlining the White House's non-binding "wish list" for federal AI regulation.
OpenAI faces lawsuits alleging negligence for failing to report the shooter's account to authorities after it was flagged for gun violence activity and planning.
The Australian government announced draft legislation on April 28, 2026, proposing a 2.25% tax on Meta, Google, and TikTok unless they negotiate deals to pay local media outlets for news.
The EU accused Meta on Wednesday of failing to stop underage users from accessing Facebook and Instagram, in violation of the bloc's digital rules that require sites to protect minors.
Musk testified for nearly two hours across two days in his lawsuit against OpenAI, claiming the company's leaders stole a nonprofit charity when they created a for-profit subsidiary.
Oil prices jumped more than 6% on Wednesday, after President Donald Trump said he will maintain the U.S. naval blockade against Iran until they agreed to a nuclear deal.
Senators Bernie Moreno (R-Ohio) and Elissa Slotkin (D-Mich.) introduced the Connected Vehicle Security Act on Wednesday to ban Chinese vehicles and auto parts from the U.S. market.
NYSE opens mixed on April 29 as investors await Magnificent Seven earnings from Alphabet, Amazon, Meta, and Microsoft, with focus on whether massive AI spending translates to revenue growth.
Bill Ackman's Pershing Square IPO raised $5 billion and fell 18% on first day, disappointing goals but succeeding in publicizing his fund.
PayPal CEO Enrique Lores separated Venmo into a standalone business unit this week, creating three distinct segments to make the app easier to sell or track independently.
Trump administration orders USCIS to pause all green card and citizenship approvals until pending cases clear expanded FBI criminal background checks, effective April 27.
Powell announces he will remain as Fed governor after his chair term ends, citing unprecedented Trump administration legal attacks threatening the Fed's independence.
The Senate Banking Committee votes on Kevin Warsh's nomination as Federal Reserve Chair on April 29, with the vote set for 10 a.m. EDT.
Powell holds likely final press conference as Fed chair Wednesday amid uncertainty over whether he'll remain on the board to protect Fed independence from Trump.
A federal judge issued a delay on enforcing Colorado's AI law Monday, with Attorney General Phil Weiser agreeing not to initiate enforcement within 14 days of the court ruling on xAI's preliminary injunction motion, following the Department of Justice's intervention on April 24 in a lawsuit filed by xAI challenging the Colorado Artificial Intelligence Act.
UAE announces withdrawal from OPEC and OPEC+, effective May 1, 2026, ending nearly 60 years of membership.
India commissioned INS Aridhaman, its third nuclear-powered ballistic missile submarine, enabling continuous at-sea nuclear deterrence as it pursues an $8 billion conventional submarine deal with Germany.
Visa posted fiscal Q2 net revenue surging 17% year-over-year to $11.2 billion—the fastest growth since 2013, driven by emerging growth engines in agentic commerce and stablecoins while executing record shareholder returns.
Starbucks reported Q2 same-store sales growth of 6.2%, significantly beating Wall Street's 4% projection, marking the company's strongest traffic performance in three years.
Federal agents executed search warrants at about 20 childcare centers in Minneapolis on Tuesday for suspected fraud, marking a resurgence in Trump administration fraud enforcement in Minnesota.
UAE exits OPEC effective May 1, weakening the cartel long criticized by Trump as global economy reels from Iran war energy shock.
Trump administration challenges ABC station licenses amid Kimmel controversy, with the FCC ordering early license renewals by May 28, 2026.
S&P 500 and Nasdaq hit record highs despite stalled U.S.-Iran peace talks, as investors shrug off geopolitical risks to focus on strong corporate earnings and AI momentum.
Colorado's SB 205 AI law faces major revision with enforcement delayed to June 30, 2026, as tech industry, federal government, and even state officials push for substantial changes.
China's National Development and Reform Commission issued a statement on April 27, 2026, prohibiting foreign investment in Meta's Manus acquisition and requiring all parties to withdraw from the deal.
Iran proposed to reopen the Strait of Hormuz and end the war while postponing nuclear negotiations to a later stage, as Trump administration rejected the offer.
California added 677,000 housing units over six years while population barely grew 39,000, yet vacancy rates remain tight and housing costs stay unaffordable.
Nine-person jury was seated Monday in the high-stakes legal battle between longtime friends turned rivals Elon Musk and Sam Altman at a federal courthouse in Oakland, California, with opening arguments scheduled to begin on Tuesday.
Taylor Swift files trademark applications for her voice and image to legally protect against AI-generated deepfakes in response to widespread unauthorized digital replications.
NYSE stocks face valuation concerns as elevated multiples coincide with strong earnings projections and geopolitical tensions from Iran conflict.
New York Governor Kathy Hochul signed into law a chapter amendment that is the final version of the Responsible AI Safety and Education Act (RAISE Act), New York's new law regulating frontier AI models, setting the strongest AI transparency law in the country.
Colorado Governor Jared Polis signed Senate Bill 25B-004 on August 28, 2025, delaying the Colorado AI Act's enforcement from February 1, 2026 to June 30, 2026.
New York finalized the RAISE Act on March 27, 2026, creating the nation's strongest AI transparency standard requiring frontier developers to disclose safety protocols and report incidents within 72 hours.
U.S. Attorney Jeanine Pirro announced the Department of Justice is closing its criminal investigation into Federal Reserve chair Jerome Powell, referring the matter to the Federal Reserve's Inspector General.
Michael Jackson biopic arrives as instant sensation with $97 million domestically and $217 million globally in opening weekend, shattering records despite 38% Rotten Tomatoes critics score.
Trump administration's DOJ joins xAI's lawsuit against Colorado's AI antidiscrimination law, marking first federal intervention in state AI regulation litigation.
Farmers in the Mississippi Delta say their patience is wearing thin as they reel from tariff effects while navigating rising fertilizer and fuel costs.
Michael Jackson biopic 'Michael' shatters records with $95 million U.S. opening and $206.4 million global debut, becoming record-breaking box office success despite critical backlash over omission of abuse allegations.
Planned Parenthood clinics have started offering cosmetic services like Botox after federal Medicaid funding cuts, sparking debate over mission alignment and tax-exempt status.
After President Trump and Congress cut certain Medicaid funding to Planned Parenthood in last year's budget, some clinics have started offering aesthetic services, including Botox, to stay afloat.
Michael Jackson biopic shatters records with $95M+ domestic opening despite poor reviews, controversy centers on omission of abuse allegations due to legal settlement constraints.
Chevron CEO Mike Wirth warned that airline fares will rise and flights decline in coming weeks due to jet fuel shortages caused by Iran-Strait of Hormuz conflict.
Governor Kathy Hochul signed legislation to require AI frameworks for AI frontier models, setting a nation-leading standard for AI transparency and safety.
A federal judge in California blocked the $6.2 billion mega-merger of Nexstar Media Group and its competitor Tegna, with U.S. District Judge Troy Nunley ruling in favor of U.S. attorneys who sued to block the merger, agreeing it would likely increase costs, reduce competition and weaken local news coverage.
DOJ joined a lawsuit seeking to block Colorado's AI antidiscrimination law from taking effect, escalating a legal fight that began two weeks ago with a challenge filed by Elon Musk's xAI.
J&J launches four medications on TrumpRx platform under quid pro quo deal securing tariff exemption in exchange for price cuts and Medicaid access.
FDA issued national priority vouchers to three companies studying psychedelic-based medicines, fast-tracking approval review following Trump's executive order.
Johnson & Johnson began marketing four medications on Trump administration's TrumpRx website, following a January agreement to lower costs in exchange for tariff exemption.
Maine Gov. Janet Mills on Friday vetoed a hallmark bill that would have halted the construction of large data centers in the New England state for 18 months.
U.S. Attorney Jeanine Pirro announced the DOJ was dropping its criminal investigation of Fed Chair Jerome Powell, referring the matter to the Fed's inspector general instead.
Johnson & Johnson began marketing four of its medications on the Trump administration's TrumpRx website on Friday, April 25, 2026.
Colorado's AI law enforcement delayed from February to June 2026 after failed compromise negotiations between tech industry, consumer advocates, and lawmakers in August 2025.
Johnson & Johnson officially starts marketing four of its medications on Trump administration's TrumpRx website, capping a January deal exchanging tariff exemptions for drug price discounts.
FDA Commissioner Marty Makary told NBC News that the first psychedelic drug could be approved in the U.S. as soon as this summer, following national priority vouchers to three companies studying psilocybin and methylone.
The Trump administration is joining Elon Musk's artificial intelligence company xAI in its legal challenge to Colorado's new state law that seeks to prevent discrimination by autonomous tools.
A bipartisan group of Senators introduced the Hot Rotisserie Chicken Act to help SNAP recipients use their benefits to buy rotisserie chicken.
Oil flows through the Druzhba pipeline resumed April 23 after repairs, leading to the immediate unblocking of a €90 billion EU aid package for Ukraine and approval of the 20th package of sanctions against Russia.
WGA members overwhelmingly ratified a four-year agreement with studios on Friday in a surprisingly smooth process, ending 2023's contentious bargaining.
U.S. special forces soldier Gannon Ken Van Dyke was charged with allegedly making Polymarket bets based on classified information about the Nicolas Maduro raid.
Trump proposed a taxpayer-funded takeover of Spirit Airlines amid bankruptcy, with a strategy to resell the company after oil prices fall.
The DOJ dropped its criminal investigation into Fed Chair Jerome Powell, removing a major hurdle to Trump's nomination of Kevin Warsh to replace Powell.
Mythos, Anthropic's most advanced model to date, has drawn interest from various parts of the federal government, giving the artificial intelligence firm a chance to smooth over its rocky relationship with the Trump administration despite the blacklist.
Senate Republicans advanced a $70 billion plan to fund ICE and Border Patrol for three years in a 50-48 vote, bypassing Democratic demands for enforcement guardrails.
Texas Democrats unleash historic fundraising surge: Talarico's record $27M haul plus $22M PAC spending in House races signals 2026 competitive intentions.
Stock markets hit records on Iran ceasefire hope, driven by investor optimism about rapid conflict resolution and strong corporate earnings, despite the ceasefire remaining tenuous and unresolved.
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
Acting Attorney General Todd Blanche ordered FDA-approved and state-licensed medical marijuana placed in Schedule III, easing research barriers and federal restrictions.
EU approves $106 billion Ukraine loan after Hungary lifts veto, ending months of political deadlock.
S&P 500 and Nasdaq closed at record highs after President Trump extended the Iran ceasefire with hopes for diplomatic resolution.
Meta announced 10% workforce reduction (8,000 jobs) effective May 20 to offset record $115-135 billion AI infrastructure spending.
The Trump administration reclassified medical marijuana from Schedule I to Schedule III, easing research barriers and providing tax relief to licensed operators.
Ukraine transforms from military aid recipient to exporter, signing 10-year drone defense technology deals with Gulf states amid Iran war.
Iran attacked three ships in the Strait of Hormuz, with its Revolutionary Guard seizing two of them, escalating tensions as President Trump extended the ceasefire indefinitely while continuing the U.S. naval blockade.
Navy Secretary John Phelan fired after 13 months over shipbuilding reform disagreements with Defense Secretary Hegseth amid Iran war operations.
Helix Energy Solutions and Hornbeck Offshore Services announced definitive all-stock merger creating integrated deepwater services leader.
Netflix authorized an additional $25 billion share buyback program after walking away from a $72 billion Warner Bros. deal.
Kalshi suspended three congressional candidates and imposed fines of $539-$6,229 for betting on their own election races, marking its second major enforcement action this year.
ServiceNow stock plunged 17% on April 23, 2026, after reporting first-quarter earnings, with Middle East deal delays creating a 75-basis-point revenue headwind.
House Appropriations FDA subcommittee advanced a bill to increase the agency's spending by approximately $200 million Thursday (April 23) with a party-line vote.
Meta plans to lay off 10% of its workforce, about 8,000 employees, as the company continues to ramp up investments in artificial intelligence.
Acting AG Todd Blanche immediately reclassified state-licensed medical marijuana and FDA-approved products to Schedule III while scheduling a June 29 hearing on broader rescheduling, dividing both left and right.
State Rep. James Talarico raised $27 million in the first three months of 2026 in his bid to flip Texas, the largest-ever sum for a Senate candidate in the first quarter of an election year.
Regeneron will provide free gene therapy Otarmeni for genetic hearing loss and lower Medicaid prices, the final drug deal in Trump's most-favored-nation pricing initiative.
Iran seized two container ships in the Strait of Hormuz on Wednesday, shortly after the U.S. extended the ceasefire, escalating maritime tensions amid the blockade standoff.
FDA reversed course and agreed to review Moderna's mRNA flu vaccine application after initially rejecting it over comparator selection.
The Senate passed S.Con.Res.33 by a vote of 50-48 setting forth the congressional budget for fiscal year 2026, setting the stage for Congress to vote next month on a budget reconciliation package to fund immigration enforcement and reopen the Department of Homeland Security.
The 2026 NFL Draft begins Thursday evening in Pittsburgh amid widespread consensus that this is an unusually unpredictable and talent-depleted class, forcing teams to rethink traditional evaluation methods.
American Airlines cut its 2026 earnings forecast, becoming the latest airline to lower its outlook after a surge in fuel costs added billions to its expenses.
Iran attacked three ships in the Strait of Hormuz, saying its Revolutionary Guard seized two of them hours after President Trump extended a ceasefire with Iran, creating a dispute over ceasefire compliance.
Meta unveiled the Model Capability Initiative (MCI), a tool allowing observation and collection of data from employee actions on work computers, triggering broad concern about workplace surveillance and consent in AI development.
GE Vernova raised annual forecasts for revenue and adjusted core profit margin on April 22, 2026, betting on surging demand from data centers and grid infrastructure, sending shares up over 13% to an all-time high in early trading.
Robinhood Ventures Fund I announced it has closed an investment in OpenAI, purchasing approximately $75 million of common stock on April 17, 2026, expanding retail access to private company shares.
Maine legislature passed the nation's first statewide data center moratorium, and Governor Mills has until April 25th to sign, veto, or let it become law.
Twelve million patients lost insurance coverage for each of Eli Lilly's Zepbound and Novo Nordisk's Wegovy between 2025-2026, forcing patients to pay out-of-pocket or seek alternative compounded medications.
S&P 500 and Nasdaq hit record highs as Trump extends Iran ceasefire indefinitely amid fragile peace talks.
Texas Instruments surged 18% after beating Q1 earnings estimates and providing bullish Q2 guidance, driven by strong industrial and data center demand.
Trump Media has lost more than $1 billion since going public two years ago, prompting CEO leadership change.
Bipartisan senators introduce Hot Rotisserie Chicken Act to allow SNAP recipients to purchase hot rotisserie chicken, currently prohibited under decades-old food purchase restrictions.
Stock futures rose early Wednesday after President Donald Trump extended the U.S. ceasefire with Iran, reversing market losses from the previous day amid investor relief over diplomacy continuing.
Senate Banking Committee holds confirmation hearing for Kevin Warsh to replace Fed Chair Jerome Powell, whose term expires May 15.
OpenAI unveiled a new image engine for ChatGPT that it says takes a key step forward in rendering text and handling more complex requests.
CMS announced April 21 that it is delaying implementation of the Medicare Part D portion of the BALANCE Model for 2027 pending further evaluation and data collection. The Medicare GLP-1 Bridge will be extended through December 31, 2027, providing eligible Medicare Part D beneficiaries with access to certain GLP-1 drugs and allowing CMS to collect additional data on GLP-1 utilization to share with Part D plan sponsors ahead of potential implementation of BALANCE in Part D.
Cyberattacks on public-facing applications surge 44% YoY as AI tools accelerate vulnerability discovery, raising questions about regulation and private-sector responsibility.
A federal grand jury indicted the Southern Poverty Law Center on 11 counts of wire and bank fraud-related charges for paying members of extremist groups as part of its efforts to investigate them without disclosing the practice to donors or banks.
Roblox settled with three states—Alabama, West Virginia, and Nevada—for $35.8 million total over child safety failures, with mandated platform reforms including age verification and chat restrictions.
Kevin Warsh testified before the Senate Banking Committee on Tuesday amid pressure from the Trump administration to lower interest rates, with central bank independence in focus amid a Justice Department criminal investigation into Powell's handling of Fed headquarters renovations.
Florida Attorney General James Uthmeier opened an investigation into OpenAI over whether the company 'bears criminal responsibility' for a shooting at Florida State University last year.
U.S. retail sales jumped 1.7% in March, beating forecasts, but economists debate whether the spike reflects genuine consumer strength or is largely driven by war-induced gas price inflation.
The Trump administration obtained a criminal indictment on Tuesday charging the Southern Poverty Law Center with defrauding its own donors by using paid informants to infiltrate far-right organizations.
U.S. business inventories increased slightly more than expected in February amid a sharp rebound in stocks at wholesalers, suggesting inventory investment could add to economic growth in Q1.
March retail sales data due Tuesday at 8:30 a.m. EDT; consensus expects 1.4% MoM growth as tax refunds offset surging gas prices and weak consumer confidence.
Tim Cook steps down as Apple CEO; John Ternus, hardware engineering chief, takes over September 1, 2026.
Canadian PM Mark Carney said Canada's economic ties to the U.S. have become a "weakness" due to President Trump's trade and tariff policies.
DOJ sues DC Water for failing to maintain aging Potomac sewage pipe, seeking penalties and operational improvements after January 200+ million gallon spill.
Airlines in Europe and Asia facing potential jet fuel shortages from Iran war, threatening flight cancellations as summer season approaches.
Trump administration is pushing back on Republican-led AI bills in Nebraska and Tennessee, with sources familiar with the negotiations describing the outreach as pressure to weaken or abandon the efforts.
U.S. stocks fell Monday as tensions between the U.S. and Iran escalated over the weekend after the U.S. Navy seized an Iranian-flagged ship and Iran closed the Strait of Hormuz, with the S&P 500 shedding 0.24% and crude oil spiking 6%.
House Republicans' campaign arm raised $47.1 million in the first three months of 2026, a record-breaking haul for midterm push.
John Ternus, Apple's 51-year-old senior vice president of hardware engineering, will become CEO on September 1, succeeding Tim Cook who will transition to executive chairman.
FBI Director Kash Patel filed a $250 million defamation lawsuit against The Atlantic and reporter Sarah Fitzpatrick on Monday over a story alleging excessive drinking and unexplained absences.
U.S. seizes Iranian cargo ship in Gulf of Oman as Iran re-closes Strait of Hormuz, escalating tensions days before ceasefire expires.
U.S. Customs and Border Protection launched an online portal Monday allowing businesses to request refunds for tariffs the Supreme Court deemed illegal.
Honor's humanoid robot completed a 21-kilometer half-marathon in 50 minutes and 26 seconds on April 19, 2026, faster than Jacob Kiplimo's human world record of about 57 minutes, marking China's technological advancement in robotics.
USS Spruance fired rounds into Iranian cargo ship M/V Touska's engine room after it ignored six-hour warning period, disabling the vessel and seizing it as first enforcement action of US naval blockade.
Honor's humanoid robot completed a 21-kilometer half-marathon in 50 minutes and 26 seconds on April 19, 2026, faster than Jacob Kiplimo's human world record of about 57 minutes, marking China's technological advancement in robotics.
Iowa's school choice expansion drives student exodus from Cedar Rapids public schools, threatening school closures as ESA dollars flow to private schools.
Trump administration releases national AI policy framework pushing for broad federal preemption of state AI laws while proposing limited carve-outs for child safety and other areas.
U.S. Customs will start accepting tariff refund requests Monday from businesses that paid President Trump's tariffs before the Supreme Court ruled them unconstitutional.
Treasury Secretary Scott Bessent joined White House Chief of Staff Susie Wiles to meet with Anthropic CEO Dario Amodei Friday to discuss the company's new Mythos AI model, signaling potential thaw in Pentagon dispute.
Federal Judge Troy Nunley issued a preliminary injunction blocking Nexstar's $6.2 billion merger with Tegna until an antitrust trial plays out, rejecting regulatory approval.
Consumer sentiment hits record low of 47.6 amid Iran war-driven energy spike, despite resilient unemployment and moderating inflation rates.
A federal judge blocked local TV giant Nexstar's takeover of rival Tegna until an antitrust trial plays out.
Jet fuel prices have roughly doubled since the start of the war in Iran, forcing airlines globally to raise fares, cut flights, and add surcharges as the Strait of Hormuz, through which one-fifth of the world's oil and liquefied natural gas supplies are shipped, remains disrupted.
A federal judge blocked Nexstar's $6.2 billion takeover of Tegna until an antitrust trial plays out, potentially compelling Nexstar to unwind the deal if it loses.
NYC doormen and building owners reach tentative deal averting strike, securing wage increases and preserved health benefits.
FDA issued warning letter to Purolea Cosmetics Lab for excessive reliance on AI to create drug specifications without adequate quality control oversight.
Anthropic CEO Dario Amodei met with White House Chief of Staff Susie Wiles and Treasury Secretary Scott Bessent on April 17, with the White House calling talks "productive and constructive."
U.S. stocks surged to record highs on April 17 after Iran declared the Strait of Hormuz completely open during an Israel-Lebanon ceasefire, causing oil prices to plummet and travel stocks to spike.
Federal agencies reported 3,611 AI use cases in 2025, doubling from prior year amid concerns over oversight gaps and workforce implications.
Iran's announcement that the Strait of Hormuz is open for commercial vessels sparked stock market rallies and oil price plunges.
Iran declares Strait of Hormuz open to commercial traffic; stocks surge and oil prices fall sharply.
Republican-controlled states like Indiana and Idaho are implementing stricter Medicaid work requirements than federal law requires, demanding 3 months of work history before enrollment.
The FAA announced it would require airlines to collectively trim around 12% of all takeoffs and landings at Chicago O'Hare scheduled for summer 2026.
President Prabowo Subianto's reduced commitment to Nusantara—marked by halved 2026 funding and a shift to "political capital" terminology—raises questions about the project's viability.
New York will lose more than $73.5 million in federal money because the Transportation Department said Thursday that state has refused to revoke nearly 33,000 questionable commercial driver's licenses for immigrants since an audit uncovered problems.
Anthropic restricts release of Mythos AI model due to unprecedented cybersecurity capabilities, launching Project Glasswing to give defenders time to patch vulnerabilities before broader access.
USA Today ended its contractor relationship with Crissy Froyd on April 16 after her X posts about Dianna Russini did not reflect its commitment to professionalism.
HUD workers launched an anonymous website Thursday accusing Trump of blocking fair housing enforcement, while Secretary Turner says the administration is 'restoring sanity' to the law.
Retail sales rose again in March as consumers received higher-than-usual tax refunds that made up for increased gasoline prices, showing resilience despite record-low consumer sentiment and the highest inflation rate in two years.
A jury found Live Nation and Ticketmaster operated as a monopoly in the live events and ticketing industry, validating complaints that the industry giant was stifling competition and driving up fees for fans.
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Morgan Stanley posts record $20.6B Q1 revenue and $3.43 EPS, beating estimates, driven by Iran war volatility-fueled trading profits raising questions about business model sustainability.
Grok continues to generate sexualized images of people without consent, despite Musk's pledge months ago to halt abusive deepfakes.
China's Foreign Ministry condemns U.S. blockade of Iranian ports, invoking bilateral trade and energy agreements with Iran while warning against interference in its affairs.
Hours after a Molotov cocktail was thrown at his San Francisco home, Sam Altman shared a family photo in a blog post, hoping to dissuade future attackers and calling for de-escalation of AI rhetoric.
Cato Institute analysis reveals Trump administration has cut legal immigration far more dramatically than illegal crossings, with 132,000 fewer legal entries monthly versus 50,000 fewer illegal entries.
United Airlines CEO Scott Kirby has floated a possible combination with American Airlines to the Trump administration, proposing the world's largest airline.
Trump admin announced over 150 companies accepted to participate in first cohort for CMS' ACCESS model, which will reward AI and tech-driven care with increased Medicare reimbursement.
China warned the U.S. 'not to meddle in our affairs,' noting it has 'trade and energy agreements with Iran.'
Following an FBI raid on his Texas home Monday, a man suspected of throwing a Molotov cocktail at OpenAI CEO Sam Altman's house faces charges including attempted murder.
Justin Sun accuses World Liberty Financial of embedding a secret 'trap door' mechanism to freeze investor funds, claiming the Trump-linked crypto project deceives users about its supposedly decentralized structure.
Despite proven health benefits, semaglutide and tirzepatide remain unaffordable at scale, with fewer than 1% of eligible Americans able to access current-priced drugs before budget thresholds are exceeded.
JPMorgan Chase reports stronger-than-expected Q1 earnings despite Middle East geopolitical turmoil that spiked oil prices, demonstrating resilience amid stagflation concerns.
Sam Altman published a blog post responding to both an attack on his home and a critical New Yorker profile raising questions about his trustworthiness.
US stock markets rally as investors bet on eventual Iran peace deal despite Trump's Strait of Hormuz blockade announcement.
Anthropic unveiled Project Glasswing on Tuesday, a defensive cybersecurity initiative built around Claude Mythos Preview, restricting access to a model able to find high-severity vulnerabilities, including some in every major operating system and web browser.
American Girl celebrates its 40th anniversary by re-releasing original dolls for new generations, emphasizing the brand's enduring cultural significance in teaching history and empowering girls.
Maine advances bill to ban large data centers until late 2027, potentially becoming first state to temporarily halt AI infrastructure expansion as communities cite power costs and environmental concerns.
Communities nationwide actively resist data center expansion, citing environmental and electricity cost concerns despite tech industry's $700B annual buildout for AI.
Trump announced the U.S. will blockade the Strait of Hormuz after peace talks with Iran failed in Pakistan.
Governor Hochul signed legislation to require AI frameworks for AI frontier models, setting a nation-leading standard for AI transparency and safety.
Anthropic withholds advanced Claude Mythos model from public release, limiting access to ~40 partners via Project Glasswing to let defenders patch vulnerabilities before similar AI capabilities proliferate.
Gas prices in the United States have soared up more than 30% since the U.S. and Israel launched the war, creating economic and political pressure on Trump and his administration.
States and stakeholders struggle with Trump administration's tight timeline to implement mandatory Medicaid work requirements by January 2027, with HHS yet to release final guidance.
Satou Sabally agreed to sign a multiyear deal with the New York Liberty, giving the franchise four All-Stars and raising questions about competitive balance.
Federal courts split sharply on prediction market regulation, with Third Circuit backing CFTC federal authority while Ninth Circuit allows state bans.
U.S. has spent $28 billion on Iran war, raising debate over whether funds could better address healthcare, housing, and domestic priorities instead.
A federal appeals court ruled Saturday that President Trump's $400 million White House ballroom construction can continue through April 17, even as Trump privately advocated for painting the Eisenhower Executive Office Building with a "magic paint with silicate."
American Airlines raises baggage fees by $10 per bag citing soaring jet fuel costs tied to Middle East conflict disrupting global oil supplies.
US intelligence indicates China is preparing to deliver new air defense systems to Iran within the next few weeks.
The Bank of England plans to discuss the impact of Anthropic PBC's new AI model with financial institutions, as UK regulators join their peers in the US and elsewhere in raising alarms over the risks posed by the tool.
Court panel heard April 10 challenge by 23 states led by New York arguing Trump failed to show required balance of payments imbalance for Section 122 tariffs.
USPS suspends employer pension contributions to save $2.5 billion as agency faces cash depletion by early 2027 without major congressional reform.
Trump administration acknowledged it made a significant error in figures used to help justify a fraud probe into New York's Medicaid program.
California's attorney general filed charges against 21 suspects, accusing the group of defrauding the state of $267 million through fraudulent billing to Medi-Cal.
California charges 21 suspects in $267M hospice fraud scheme while sparring with Trump administration over state's fraud enforcement efforts.
Lockheed Martin secured a $4.7 billion contract to accelerate production of Patriot interceptor missiles following a seven-year agreement to more than triple annual output.
Consumer confidence crashes to record low of 47.6 amid Iran war and energy shock as spending shows signs of strain.
A "fragile and muddled" two-week ceasefire between the United States and Iran, brokered by Pakistan and officially launched on April 8, has yet to provide relief that energy markets hoped for, as flows through the strait remain constrained, with traders reporting no clear signs yet of a sustained resumption in shipments since a ceasefire was announced.
Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years, with higher gasoline prices tied to the war with Iran accounting for much of the surge.
Trump administration admits major error in personal care services data used to justify New York Medicaid fraud investigation.
A jury heard closing arguments in a trial over whether Live Nation's conduct in the concert business amounts to illegal monopolization, with the company defending itself as a "fierce competitor" while states called it a "monopolistic bully."
BTS kicked off their Arirang World Tour at Goyang Stadium on April 9 after a four-year hiatus, launching their largest global tour with 82 shows across 34 cities through March 2027.
Clean energy advocates won an 8-to-6 majority on SRP's 14-member board while business-backed candidates retained president and vice president positions.
Trump administration pushing back on Republican-led AI bills in Nebraska and Tennessee, described as pressure to weaken or abandon efforts.
The FDA is asking for expanded authority over direct-to-consumer (D2C) drug advertising in its 2027 budget proposal, including expanding the definition of misbranded drugs and more directly targeting compounded drugs.
Medicaid work rules requiring extensive IT system changes and new training will stress states' already-strained staffing capacity, creating administrative implementation challenges ahead of the January 2027 deadline.
FCC Chair Brendan Carr announced on April 9, 2026, that the Commission will vote on a new Report and Order to modernize satellite spectrum-sharing regulations, with potential to unlock over $2 billion in economic benefits and increase space-based broadband capacity by up to sevenfold.
Disney is planning a new phase of cost cutting, including as many as 1,000 layoffs, under new CEO Josh D'Amaro, who took the helm as CEO in mid-March.
Anthropic announced Claude Mythos Preview will not be released publicly due to unprecedented ability to autonomously find and exploit software vulnerabilities in critical infrastructure.
Airlines worldwide are raising prices and cutting flights as the Iran war drives jet fuel costs to near-record highs despite a ceasefire announcement.
Iran ceasefire lifts rate-cut odds as Fed signals one cut in 2026 amid inflation, labor market uncertainty.
Japanese PM Takaichi spoke with Iranian President Pezeshkian on Wednesday hours after a ceasefire agreement, urging Iran to ensure safe passage through the Strait of Hormuz.
VOA journalists sue Trump administration over censorship and propaganda at federally funded broadcaster, alleging editorial independence violation.
Newly released emails show U.S. Marshals waived federal training requirements for Elon Musk's security deputies while he led DOGE, allowing unqualified bodyguards to carry federal credentials.
Tax cuts are becoming the hottest new idea in Democratic politics, as candidates across the party spectrum seek to capitalize on cost-of-living struggles and win back working-class voters.
Senate unanimously passed DHS funding bill Thursday, moving agency closer to ending nearly 50-day funding gap.
Nonfarm payrolls rose 178,000 in March, beating consensus forecasts of 59,000, but debate centers on whether gains are sustainable amid wage slowdowns and labor market volatility.
President Trump's $1.5 trillion defense budget request represents the largest such request in decades.
Donald Trump on Friday officially requested $1.5 trillion in spending for the Pentagon next fiscal year, which would be the largest defense budget in U.S. history.
Hegseth fires Army Chief of Staff amid promotion block controversy, intensifying debate over merit versus DEI in military advancement.
Donald Trump proposed boosting defense spending to $1.5 trillion in his 2027 budget, the largest request in decades, triggering sharp partisan conflict over military versus domestic priorities.
Iran struck Kuwait's largest oil refinery and the Habshan gas facility in the UAE on Friday amid escalating exchanges with the U.S. and Israel on day 35 of the war.
U.S. nonfarm payrolls rose 178,000 in March, beating consensus estimates for 59,000 jobs, signaling labor market resilience despite recent economic uncertainty.
Donald Trump officially requested $1.5 trillion in defense spending for fiscal 2027, the largest defense budget in U.S. history, representing a 28 percent increase from the FY26 base budget.
House Speaker Johnson told Republicans he won't hold a vote on DHS funding until the Senate makes significant progress on ICE and CBP funding.
The U.S. lifted sanctions on Venezuela's acting President Delcy Rodríguez on Wednesday, allowing her to work more freely with U.S. companies and investors.
CFTC sued Connecticut, Arizona, and Illinois to block state enforcement of gambling laws against federally regulated prediction markets Kalshi and Polymarket.
Trump administration scales back CFPB dismantling plan to cut staff by two-thirds instead of 90%.
President Javier Milei now looks to move forward with an aggressive program of selling off state-owned enterprises after gaining a working majority in Argentine Congress.
Trump administration lifts sanctions on acting Venezuela President Delcy Rodríguez, signaling U.S. shift toward normalizing relations and oil sector engagement.
Trump's economic approval rating fell to 31%, a career low, amid inflation and gas price surges linked to the Iran war.
Oracle laid off 30,000 employees to free up $8-10 billion in cash to fund a $156 billion AI data center buildout despite posting record quarterly profits.
Trump administration announces plans to open 401(k) retirement plans to investments like crypto and private equity, creating new legal pathways but sparking sharp left-right divide over retirement security.
One year after federal job cuts, Black women lost jobs at disproportionate rates in federal workforce reductions.
Brent crude rose more than 3 percent on Monday to top $116 a barrel as Yemen's Iran-backed Houthis fired missiles at Israel and Trump said he wants to take Iran's crude.
Trump said he would like to "take the oil in Iran" and is considering seizing Kharg Island, which is responsible for more than 90% of Iran's oil exports, in an interview with the Financial Times.
Innovation Council Action, a pro-AI group blessed by Trump AI adviser David Sacks, plans $100M to boost Trump's priorities in 2026 midterms.
Insurance and shipping experts warn prolonged oil market disruption will persist until Iran war winds down significantly.
Corey Lewandowski, a special government employee who served as a top adviser to former Homeland Security Secretary Kristi Noem, has departed from his post at the Department of Homeland Security, ending his role amid corruption allegations.
Iran agreed to allow 20 Pakistani-flagged vessels to transit the Strait of Hormuz as Islamabad called it a meaningful step toward easing one of the worst energy crises in modern history.
Donald Trump directed the Department of Homeland Security to pay Transportation Security Administration employees during the partial government shutdown, bypassing Congress as the DHS funding impasse deepened.
Bank of America agreed to pay $72.5 million to settle claims from Epstein survivors who allege the bank enabled his sex-trafficking operation.
President Trump signed executive order to pay TSA agents as House Republicans rejected Senate DHS funding deal during record airport delays.
The Iran war is sending longer-term borrowing costs surging amid prospects for higher inflation, fewer Federal Reserve rate cuts and more federal borrowing.
A federal judge ruled that Anthropic's supply-chain-risk designation is likely contrary to law and arbitrary, blocking the Trump administration's ban.
Treasury announces Trump's signature will appear on future U.S. paper currency, marking the first time in history for a sitting president.
DOJ files civil antitrust lawsuit against NewYork-Presbyterian, alleging anticompetitive contract restrictions deny New Yorkers choice of lower-cost healthcare options.
Trump extends pause on energy strikes as diplomatic talks continue, claiming progress while Iran demands reparations and strait sovereignty.
Donald Trump signed an executive order on March 26 prohibiting federal contractors and their subcontractors from engaging in DEI practices.
President Donald Trump's signature will appear on U.S. dollar bills for the first time in a sitting president, announced by the Treasury Department Thursday.
International migration fell in nine out of 10 U.S. counties between 2024 and 2025, dramatically slowing population growth.
OECD projects Iran war will push U.S. inflation to 4.2% in 2026, up 1.2 percentage points from December forecast.
Elizabeth Warren reintroduced the Ultra-Millionaire Tax Act, imposing 2% tax on net worth over $50 million and 1% surtax on billionaires, with 10 Senate and 39 House Democratic co-sponsors.
NBA Board of Governors unanimously approved exploration of expansion to Las Vegas and Seattle, launching formal bidding process for franchises targeted at 2028-29 debut.
Trump rescheduled his China visit to May 14-15 due to ongoing Iran war, delaying a crucial trade summit amid broader geopolitical tensions.
A California jury found Meta and YouTube liable for negligent design of addictive platforms, awarding $6 million in damages to a 20-year-old plaintiff.
Newsom called Musk "one of the great disappointments" on Axios, accusing Tesla CEO of surrendering the electric vehicle market to China.
TSA workers hit their third period without paychecks, which an employee union leader called a "national disgrace", as Delta Air Lines suspended its airport escorts and red coat services for members of Congress and negotiations toward a potential DHS funding deal intensify.
Massive oil futures trades worth $580 million occurred 15 minutes before Trump announced a delay in Iran strikes, spurring accusations of insider trading.
Trump administration pays TotalEnergies $1 billion to abandon offshore wind leases, redirecting investment to fossil fuels.
Delta suspended airport escorts and red coat services for members of Congress due to the DHS shutdown, citing resource strain from unpaid TSA workers.
A New Mexico jury found Meta violated state law and ordered it to pay $375 million for failing to protect children from sexual predators on its platforms.
Asian nations shift to coal power as Iran war disrupts LNG shipments, with Philippines declaring national energy emergency.
Oklahoma's governor appointed energy executive Alan Armstrong to serve in the U.S. Senate through the end of the year and finish the term of Republican Markwayne Mullin, the new homeland security secretary .
AIPAC's super PAC funneled over $5 million to anonymous shell groups that spent more than $14 million influencing Illinois House Democratic primaries, with spending details disclosed only after Election Day.
A jury in California found that Elon Musk defrauded Twitter shareholders during the runup to his $44 billion acquisition, with potential damages reaching $2.6 billion.
White House releases National Policy Framework calling for federal preemption of state AI laws, prioritizing innovation over regulation.
Trump administration authorizes purchase of Iranian oil already at sea to stem soaring prices amid U.S.-Israeli war with Iran.
Eight Democratic-led states sued to block a $3.5 billion Nexstar-Tegna merger after the FCC approved it, citing antitrust concerns and threats to local journalism.
Israel's strike on world's largest gas field sparked Iranian retaliatory attacks on Gulf energy infrastructure, accelerating gas prices toward $4 amid energy crisis.
Chicago Transit Authority filed federal lawsuit Friday seeking $2 billion in commuter rail expansion funding Trump administration stopped last fall.
CTA filed lawsuit Friday against the U.S. Department of Transportation and Federal Transit Administration seeking immediate restoration of $2 billion in withheld funding.
Planned Parenthood of Illinois settled a $500,000 EEOC investigation into DEI practices that the agency found violated Title VII civil rights protections for white employees.
Pentagon seeks additional $200 billion for Iran war; Hegseth says conflict has no timeframe for ending.
Trump-linked lobbying firm Ballard Partners signed $2 million deal to represent accused Libyan military commander Khalifa Haftar despite documented human rights abuse allegations.
Netflix withdrew from its $83 billion bid for Warner Bros. Discovery after the company's board deemed Paramount Skydance's $111 billion offer superior.
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