President Trump on Monday urged U.S. oil companies to take action to ease gasoline prices, saying that the energy giants “made too much money” from high oil prices due to the Iran war. Mr. Trump’s remarks come as Brent crude, the international benchmark, fell more than 4% on Monday to about $84 a barrel amid…
A coalition of 25 states on Monday filed a lawsuit against the Trump administration, alleging that it exceeded its authority in imposing a new round of sweeping tariffs last month. The import duties, enacted under Section 301 of the Trade Act of 1974, target 60 economies with rates ranging from 10% to 12.5%. “This is President…
In his race to be the next Democratic senator from Michigan, Abdul El-Sayed, a progressive populist, is challenging perceptions about who Michigan’s voters are and what they really want. In an interview with CBS News senior White House and political correspondent Ed O’Keefe, El-Sayed questioned the characterization of the state’s voters as moderates. “It’s always…
Washington — President Trump on Monday publicly rebuked Jeanine Pirro, his handpicked U.S. Attorney for the District of Columbia, for dropping the Lincoln Memorial Reflecting Pool vandalism case, and ignored questions about whether he intends to fire her. The Justice Department submitted a court filing Friday moving to dismiss vandalism charges against 67-year-old former Olympian…
SpaceX is set to issue its first earnings report as a public company on Tuesday, offering a detailed look at how the rocket, satellite and AI provider is faring after its ballyhooed initial public offering in June. SpaceX shares have sputtered after initially soaring following the transaction, the largest IPO in U.S. history. The company’s…
Washington — The House Ethics Committee released a report on Monday detailing the findings of an investigation into GOP Rep. Chuck Edwards of North Carolina, concluding that there is “substantial reason to believe” he violated House rules related to sexual harassment and hostile workplaces. The committee recommended that the House censure Edwards for the conduct,…
Two Michigan residents who had “significant underlying health conditions” have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said on Monday. State officials have been providing nearly daily updates over the past few weeks on the cyclospora outbreak, which has sickened thousands of people. Without going into further details, the health department…
The 2027 Met Gala is already causing controversy. The event will feature John Galliano, who is known for his theatrical and dramatic designs. But Galliano’s legacy is also marked by antisemitic and racist comments, which led to his dismissal from Christian Dior in 2011 and a hate crime conviction in France. He was not given…
JPMorgan Chase said on Monday it will invest $750 billion through 2035 to boost the U.S. housing supply, including financing for 1 million affordable housing units and assisting 500,000 people in buying homes. The investment is part of JPMorgan Chase’s American Dream Initiative, announced in March to boost economic mobility at a time when many…
Washington — GOP Sens. John Cornyn of Texas and Thom Tillis of North Carolina formally announced their support on Monday for Todd Blanche’s nomination for attorney general after reaching a long-sought agreement to end the controversial “anti-weaponization” fund and clarify the scope of a sweeping deal for tax immunity. “We are pleased that the Department…
