Oil Jumps and Global Stocks Slide as Trump Casts Doubt on Iran Ceasefire
Global markets turned sharply uneasy after President Donald Trump cast doubt on the temporary truce in the war with Iran, sending oil prices higher and stock indexes lower as investors recalculated the risk of a wider conflict and renewed inflation pressure. The move came after Trump said the ceasefire was “over,” though he later softened […]
CISA Turns to Anthropic’s Mythos to Hunt Bugs in U.S. Government Code
The U.S. government is increasingly turning to advanced artificial intelligence not just for productivity or analysis, but for core cybersecurity work. The Cybersecurity and Infrastructure Security Agency, or CISA, is using Anthropic’s AI model Mythos to scan government software repositories for vulnerabilities that could be exploited by foreign intelligence services or cybercriminals. According to three […]
Trump Targets Hospital Drug Markups With New Medicare Rule Promising $1.1 Billion in Savings
The Trump administration is proposing a new Medicare rule aimed at stopping hospitals from charging large markups on discounted prescription drugs, a move the White House says could save patients $1.1 billion next year. The proposal would change how hospitals are reimbursed for certain medicines purchased through the federal 340B drug discount program, which is […]
Supreme Court Blocks Trump’s Attempt to Fire Fed Governor Lisa Cook
The U.S. Supreme Court rejected President Donald Trump’s effort to remove Federal Reserve Governor Lisa Cook, delivering a major ruling in defense of the central bank’s independence even as the Court expanded presidential power elsewhere the same day. The ruling was 5-4 and keeps Cook in place for now, making clear that Trump could not […]
High Court Upholds Postmark Rules for Mail Voting in Setback to Trump’s Election Push
The U.S. Supreme Court has upheld state laws allowing some mail-in ballots to be counted after Election Day, rejecting a Republican-led challenge to Mississippi’s five-day grace period and delivering a setback to President Donald Trump’s campaign against mail voting. In a 5-4 ruling, the justices overturned a lower-court decision that had found Mississippi’s law inconsistent […]
High Court Clears Way for Trump to Strip Temporary Protections From Haitians and Syrians
The U.S. Supreme Court has allowed the Trump administration to end temporary protected status, or TPS, for migrants from Haiti and Syria, a major immigration ruling that could expose hundreds of thousands of people to deportation and deepen legal and political conflict over humanitarian protections. The Court’s ruling was 6-3, overturning lower-court orders that had […]
Senate Republicans Reverse Course on Iran War Powers After Trump’s Pressure Campaign
Senate Republicans blocked a new war powers resolution aimed at limiting President Donald Trump’s authority in the Iran conflict, a dramatic reversal that came just hours after Trump personally berated GOP senators at a closed-door Capitol meeting. The late-night vote ended 47-50-1, with Republicans defeating the measure after a nearly identical resolution had passed the […]
Stronger Dollar Surges on Rising U.S. Rate Expectations and Global Risk Aversion
The U.S. dollar climbed to its strongest level in more than a year as investors increasingly bet that the Federal Reserve may raise interest rates again and sought safety amid a sharp selloff in technology stocks. The dollar index rose to 101.71, its highest level since May 2025, as markets priced in a more hawkish […]
Trump Turns America 250 Kickoff Into a Campaign-Style Rally on the National Mall
President Donald Trump is opening the kickoff of America’s 250th anniversary celebrations with a rally on the National Mall that looks less like a traditional civic ceremony and more like a campaign-style political event centered on himself. Trump sees the country’s semiquincentennial as a chance to re-energize the public, but also to reframe the national […]
Oil prices sink further as Trump signs deal to reopen Hormuz
Oil prices tumbled again Thursday after US President Donald Trump and his Iranian counterpart signed off on a deal to end their war and reopen the Strait of Hormuz. The news boosted optimism for a lasting peace between the two nations after more than three months of war that has rattled energy markets and fuelled […]
