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Trade Court Rules Trump’s 10% Global Tariff Is Illegal
A panel of federal judges found that President Trump could not legally impose the tariff on most imports.
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U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It
The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
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Elon Musk’s SpaceX Plans $55 Billion Investment to Make A.I. Chips
The rocket company’s new semiconductor factory, called Terafab, is part of the billionaire’s increasing efforts to dominate artificial intelligence.
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Why Stocks and Bonds Are Responding Differently to the Iran War
Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns.
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Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War
The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals.
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Fetterman Says He Has ‘No Plans’ to Leave the Democratic Party
In an opinion piece in The Washington Post, the Pennsylvania senator wrote that while he was “at odds” with the party’s approach to some issues, his values had not changed.
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U.S. Strikes Iranian Targets; Iran Says It Returned Fire
The exchange was the latest twist in a week of mixed signals in the region and tensions over the Strait of Hormuz, as President Trump searches for an off-ramp in the war that he started.
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Louisiana Asks Supreme Court to Halt Abortion Pill Access by Mail
The request comes after a federal appeals court temporarily blocked a Food and Drug Administration regulation that has greatly expanded access to the abortion pill mifepristone.
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U.S. and Iran Trade Strikes as Tensions in Strait of Hormuz Rise
The escalating attacks raise the threat that the cease-fire could break down.
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Millions for a Paint Job? Trump Wants the Eisenhower Building Painted White.
The project would transform the granite exterior of the historic Eisenhower Executive Office Building, which dates to the 1800s.