A "majority" of Federal Reserve officials believed the central bank could raise interest rates if inflation stays high, according to the minutes from the central bank's April 28-29 policy meeting.…
SpaceX on Wednesday disclosed its filing for an initial public offering, ahead of an expected stock market debut next month. Why it matters: This is expected to be the largest IPO ever, and could make Elon Musk the world's first trillionaire.…
Congressional Republicans are countering President Trump's meddling in their primaries with a revenge tour of their own. Why it matters: Politically, Trump had a successful week, picking winners and settling scores.…
Over the course of two hours Wednesday afternoon, the AI industry produced an extraordinary stream of headlines mapping out the vast architecture of its ambitions.…
The U.S. will send an additional 5,000 troops to Poland, President Trump said Thursday. Why it matters: Trump's surprise announcement came a week after the Pentagon abruptly canceled a planned deployment of 4,000 troops to Poland.…
Never in 250 years has America witnessed a sitting president shield himself and his family from tax scrutiny, after leveraging policies that benefit his own businesses and personal portfolios, as Donald J. Trump has done.…
AI backlash is mounting. Executives are getting booed. Workers are threatening strikes, and protests are frustrating data center development — but that doesn't seem to worry investors who are raining money on companies in the business.…
Tulsi Gabbard, President Trump's director of national intelligence, announced Friday she is leaving the administration. Driving the news: Gabbard wrote in her resignation letter that her departure is related to her husband's diagnosis with an "extremely…
Google's overhaul of the search bar this week washes away one of the last vestiges of the internet's halcyon era — when search tools felt empowering, social media and swiping were novel, and popular disillusionment had yet to set in.…
Several top Democratic candidates in the midterms are airing scathing ads linking their Republican foes to the Jeffrey Epstein scandal — betting that the Trump administration's reluctance to release the Epstein files still resonates with voters.…
A gunman who opened fire near the White House Saturday night died after Secret Service officers shot him. The big picture: The incident, which happened while President Trump was at the White House, comes four weeks after another gunman allegedly attempted…
Alexandria Ocasio-Cortez says she hasn't decided whether to run for president, but the New York congresswoman is making new moves toward a possible White House bid. Ocasio-Cortez launched a national tour in recent weeks — without calling it one.…
Massachusetts Sen. Elizabeth Warren, one of most influential leaders in the progressive movement, is being publicly and privately courted by Democrats eyeing presidential bids in 2028 — a sign they're trying to build up their lefty credentials.…
Americans feeling pinched financially are splurging on small treats while economic anxiety and inflation jitters put off larger purchases. Why it matters: From movie tickets to collectible watches, those affordable indulgences are helping sustain consumer…
America's fastest-growing religious group is also one of the hardest — and costliest — to reach: the "nones." Why it matters: Religiously unaffiliated Americans now make up a large and growing share of the electorate.…
With a U.S.-Iran deal (maybe?) taking shape in coming days, the oil market that follows will look different than what preceded the war. Why it matters: The emerging deal — which would re-open the Strait of Hormuz while nuclear talks proceed — could return…
President Trump has proudly stretched the power of the presidency in never-before-witnessed ways. But it's the choices he's made with that power — often alone, often impulsive — that explain his plunging popularity and will define his second term.…
BP removed board chair Albert Manifold on Tuesday, citing "serious concerns" about "governance standards, oversight and conduct." Why it matters: BP has lost its CEO and now its board chair in the span of six months, the latest leadership turmoil for a…
The Democratic Congressional Campaign Committee (DCCC) is employing an unusual tactic to blunt what it says is Republican meddling in its primaries: It has teamed up with the candidates it sees as the "strongest" in key battleground districts, launching…
