Donald J. Trump
Judge blocks Trump White House ballroom project for now
Architect Shalom Baranes shows elevation drawings for a new $400 million ballroom at the White House to members of the National Capital Planning Commission on Jan. 8, 2026 in Washington, DC. Chip Somodevilla | Getty Images A federal judge in Washington, D.C., on Tuesday blocked, for now, the construction of the new White House ballroom, […]
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European stocks head for worst month since 2022 as Iran war drags on
Stock prices on the trading floor of the Euronext NV stock exchange in Paris, France, on Tuesday, Aug. 5, 2025. Bloomberg | Bloomberg | Getty Images LONDON — European stocks were volatile in early trading on Tuesday and were on course to round-off their worst monthly performance in six years, as uncertainty over the trajectory […]
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Autonomous boat startup Saronic raises $1.75 billion in race to modernize U.S. military
Autonomous ship startup Saronic said Tuesday that it’s raised $1.75 billion as it ramps up production to meet mounting U.S. military demand for newer and cheaper defense capabilities. The round, led by Kleiner Perkins, more than doubles Saronic’s valuation to $9.25 billion from the $4 billion it hit after a $600 million raise early last […]
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U.S. gasoline hits $4 per gallon, highest since 2022, as Iran war drives up fuel prices
U.S. gasoline prices have surged above $4 per gallon for the first time in more than three years, as the oil supply shock triggered by the Middle East war rapidly drives up costs for families. Prices at the pump hit a nationwide average of $4.018, the highest level since August 2022 when Russia’s war against […]
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Oil prices reverse course to fall as traders assess Trump comments on Iran war
A general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483 km northwest of the Strait of Hormuz, in Iran on March 12, 2017. Anadolu | Anadolu | Getty Images Oil prices reversed course to drop in early Asia trading as traders assess […]
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Asia-Pacific markets fall as Iran war keeps investors jittery, oil extends gains
A view of missile traces launched from Yemen at Israel sighted in the sky over Hebron, West Bank, on March 28, 2026. Wisam Hashlamoun | Anadolu | Getty Images Asia-Pacific markets opened lower Tuesday as the conflict in the Middle East keeps investors jittery, with crude oil prices continuing to rise. U.S. President Donald Trump escalated his […]
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Army investigates helicopter flyby at Kid Rock’s Nashville home
U.S. President Donald Trump speaks alongside entertainer Kid Rock before signing an executive order in the Oval Office of the White House on March 31, 2025 in Washington, DC. Andrew Harnik | Getty Images The U.S. Army is investigating the apparent flyby of that military branch’s Apache helicopters over the weekend at the Nashville home […]
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Powell sees inflation outlook in check, no need to hike rates because of oil shock
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as grounded despite rising energy prices so the central bank doesn’t need to respond with higher interest rates. As his term leading the central bank nears an end, Powell avoided questions about the longer-term direction of […]
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401(k) alternative asset rule proposed by Labor Department
A sign is displayed at the Department of Labor Frances Perkins Building on June, 2025, in Washington. Kevin Carter | Getty Images The Department of Labor on Monday proposed a rule that would allow 401(k) plans to more easily include alternative assets such as cryptocurrency, real estate and private market assets. The proposal is in […]
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Trump says U.S. will destroy Iran’s oil wells, Kharg Island without deal to ‘immediately’ reopen Hormuz Strait
Satellite view of Kharg Island, located in the Persian Gulf off the coast of Iran. Gallo Images | Gallo Images | Getty Images U.S. President Donald Trump said Monday that the U.S. will “completely” obliterate Iran’s electric generating plants, oil wells and Kharg Island if the strategically vital Strait of Hormuz is not “immediately” reopened […]
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