Trump’s DOJ is scrapping its $1.8 billion ‘anti-weaponization’ fund after a court blocked it
The Justice Department said it will abide by a federal court order pausing the fund, which also faced fierce Republican opposition in the Senate
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Politics & Government
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Citron Research founder convicted of securities fraud for manipulating stock market
Andrew Left was found guilty on 13 of 17 counts for using his media platform to manipulate stocks and pocket at least $21 million in profits
Accused ringleader of decade-long BigLaw insider trading ring pleaded not guilty
Nicolo Nourafchan, accused of orchestrating a ring that stole M&A tips from top law firms, entered his plea in federal court in Boston
Wise stock sinks after Belgian prosecutors launch money-laundering investigation
The Brussels Public Prosecutor's Office says it is finalizing an investigation into suspicious transactions worth more than €500 million
Florida is suing OpenAI and Sam Altman, making it the first state to target the company over AI safety
Florida Attorney General James Uthmeier's civil suit accuses OpenAI of putting profit over user safety, making Florida the first state to target the company
Business News
Pentagon in talks to take equity stakes in U.S. drone companies
Unusual Machines, whose advisory board includes Donald Trump Jr., is among the companies in discussions with the Defense Department
Business News
U.S. uninsured rate held steady in 2025, but Medicaid cuts are threatening to reverse those gains
CDC data shows the share of Americans without coverage stayed flat, but Congressional Budget Office estimates warn of 10 million more uninsured over a decade
Business News
Meta is committing additional funding to keep its Oversight Board running through 2028
The social media company will add to the board's irrevocable trust, though the exact amount has not been disclosed
Business News
Dell just won a big Pentagon contract. Its CEO also pledged billions to Trump Accounts
The five-year deal will streamline Microsoft 365 and cloud licensing across the Defense Department, intelligence community, and Coast Guard
Business News
Oil prices are swinging as U.S. strikes on Iran undercut Trump’s peace deal claim
Brent and WTI fell more than 3% after Iranian state TV reported a draft framework to reopen the Strait of Hormuz, but analysts cautioned a deal is not imminent
Business News
U.S. consumer confidence slipped in May as war-driven inflation weighed on Americans
Two-thirds of Americans say they are cutting back on spending as gas prices and food costs stay elevated
Business News
Bond traders are surrendering to inflation fears. It’s raising the stakes for Washington
Bond markets are betting that inflation is here to stay, elevating the stakes for policymakers steering an economy under mounting strain