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DARK SECRETS: 6 | Rare Historical Photos

FBI headquarters fight stymies spending bill in Senate - Roll Call

Plans for Senate appropriators to approve a Justice Department funding bill collapsed over the location of a new FBI headquarters.

Roll Call

TACO returns to Wall Street: Investors shrug off Trump’s latest tariff threat as nickname sets the investor’s mood

Experts weigh in on whether Trump will carry out his latest threat – and the consensus is that the uncertainty looming over the U.S. economy can’t continue, Rhian Lubin reports

The Independent UK

Sam Altman saw Musk's fallout with Trump coming: 'Elon busts up with everybody'

The falling-out between Elon Musk and Donald Trump came as no surprise to those who have worked closely with the individuals, such as OpenAI's Sam Altman.

Fortune

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Debate erupts over role job cuts played in weather forecasts ahead of deadly Texas floods

Former federal officials and outside experts have warned for months that President Donald Trump’s staffing cuts to the National Weather Service could endanger lives

The Independent UK

‘Big, beautiful’ budget reconciliation package passes Senate - Roll Call

Senate Republicans pushed a mammoth budget reconciliation bill through their chamber Tuesday morning over vehement Democratic objections.

Roll Call

Howard Lutnick's Viral Fed Rant Claims 'Simple Formula' for Rate Cuts—Here's Why Economists Are Cringing

Howard Lutnick’s viral social media attack on Jerome Powell reveals the growing tension between Trump’s economic team and Fed independence—here’s what investors need to know

Benzinga

S&P 500 and Nasdaq Climb to Record Highs on China Trade Optimism

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. September E-mini S&P futures (ESU25 ) are up +0.42%, and September E-mini Nasdaq futures...

Barchart

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Crude Oil Settles Higher on US-China Trade Optimism

August WTI crude oil (CLQ25 ) Friday closed up +0.28 (+0.43%), and August RBOB gasoline (RBQ25 ) closed down -1.04 (-0.50%). Crude oil and gasoline prices settled mixed on Friday. Crude found support on signs of easing trade tensions as the US moves closer to trade deals with China and...

Barchart

Crude Oil Prices Climb on Positive Trade News

August WTI crude oil (CLQ25 ) today is up +0.73 (+1.12%), and August RBOB gasoline (RBQ25 ) is down -0.94 (-0.35%). Crude oil and gasoline prices today are mixed. Crude is climbing today on signs of easing trade tensions as the US moves closer to trade deals with China and...

Barchart

Stocks Rally on Hopes of Trade Deals

The S&P 500 Index ($SPX ) (SPY ) today is up +0.58%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.52%. September E-mini S&P futures (ESU25 ) are up +0.53%, and September E-mini Nasdaq futures...

Barchart

Howard Lutnick Confirms US-China Trade Agreement, Reaffirms White House's Progress To Close Deals With 10 Other Trading Partners

The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. Commerce Secretary Howard Lutnick confirmed the deal, which was signed two days ago, noting that the White House has immediate plans to secure agreements with ten other major trading partners.

Benzinga

US Steel buyout gives Trump a new power: What about future presidents?

President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the Nippon Steel takeover.

Euronews

Exclusive: Trump’s former commerce secretary says an overconfident White House may push trade allies like the EU too far

The Trump administration is scoring wins with its new foreign policy, says Wilbur Ross, but runs the risk of getting overconfident because of its successes.

Fortune

Trump Is Slapping a 50 Percent Tariff on Home Appliances

Refrigerators, freezers, dishwashers, washing machines, and dryers are among the products subject to the president’s 50 percent tariff on imports derived from aluminum and steel.

Reason

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Fortune

Exclusive: Trump's fixation with 90-day pauses is less about foreign governments, and more about signing deals by mid-terms, says his former commerce secretary

"In history the senators always had a big voice in tariffs—so far he hasn't given them any voice, and there's always the danger that they will suddenly start to exert a voice," Wilbur Ross tells Fortune.

Fortune

Trump's tariff deal 'quietly' added 10% raise which nobody is complaining about anymore, says Wilbur Ross

"When you think about it, in the normal course, getting quietly to do a 10% tariff on everything from everywhere was a huge achievement," Wilbur Ross tells Fortune.

The Independent UK

Trump sends Bessent and Lutnick to haggle with Chinese on tariff war after Xi chat

News of the talks comes a day after Trump spoke with Chinese leader Xi Jinping

Roll Call

Revamped Senate AI provision faces quick opposition - Roll Call

A Senate committee's decision to tie a moratorium on state regulation of AI to the federal broadband expansion program is raising questions.

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The Independent UK

A banana a day to keep the tariffs away? Howard Lutnick mocked during congressional hearing over plan to make more products in America

‘We cannot build bananas in America,’ commerce secretary reminded in surreal exchange at House hearing on Donald Trump’s tariff policy

Fortune

As China restricts rare earths, Trump targets ethane in plastics manufacturing blow

Trump administration denies ethane exports to China in trade war escalation.

Latin Times

Trump Official Insisting 'You Can't Fight a War Without' American-Made Steel Sparks Fears of Potential War: 'What War Are They Planning?'

Social media users shared dread online after a Trump official insisted that steel needs to be produced locally in order for the U.S. to be able to fight a war.

Euronews

Volkswagen in direct talks with US government regarding tariff deal

German carmakers such as Mercedes-Benz and BMW are also reportedly trying to negotiate tariffs directly with the US Secretary of Commerce, Howard Lutnick.

The Independent UK

70% of small businesses say tariffs are already increasing costs, despite Trump’s team assurances they are not

A recent HSBC survey found that over 70 percent of US small and mid-sized businesses are facing higher costs due to tariffs.

Latin Times

Trump Official Insists 'There Is No Pain' From Tariffs. His Audience Immediately Calls Him Out

Billionaire-turned-Commerce Secretary Howard Lutnick repeatedly claimed Americans aren't feeling the impact of Trump's tariffs until audience members pushed back at an Axios event Wednesday.

The Independent UK

Howard Lutnick says Trump’s tariffs won’t raise prices (despite Walmart, Nike and others saying they are)

‘I would expect that prices in America will be unaffected,’ Commerce Secretary says

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