Articles & Videos

In a 6-3 ruling this week that overturned nine decades of precedent, the Supreme Court granted President Donald Trump the power to fire and replace officials at independent government agencies like the Federal Trade Commission. But in a separate 5-4 decision, the justices ruled that Federal Reserve Governor Lisa Cook can stay in her job as she challenges Trump’s efforts to fire her. The seemingly contradictory rulings suggest a two-tier system of regulation, says Alvaro Bedoya, a former FTC commissioner who was fired by Trump last year. The independence and stability of the Federal Reserve is important to “billionaire Wall Street Bankers,” and therefore remains protected, says Bedoya. “But then you have this whole series of other agencies that keep your toys safe, that keep health insurers from robbing people blind, that keep supermarkets from merging to make milk, eggs and beef … even more expensive. The court said that all those regulators can report directly to the president and be entirely beholden to his whims.”

Underlying the surge is the growing buildout of renewables, as electrification and the AI data center expansion push up power usage worldwide.

New financial disclosures by President Donald Trump show that he made more than $1.4 billion from his family’s various cryptocurrency ventures last year, reaping a windfall after pulling back on regulation of the industry and promoting the United States as “the crypto capital of the world.” Other Trump businesses, like his resorts and golf courses, have also flourished since his return to the White House, while the Trump Organization has also licensed the family name to properties in countries that are crucial to U.S. foreign policy interests, including Saudi Arabia and Qatar. “It’s been an incredibly successful period for the Trump family,” says Reuters investigative reporter Tom Bergin.

Sovereign wealth funds from the region invested $53.9 billion across 108 transactions in the first half of 2026, an all time high.

The agreement, to jointly build an aluminum complex in eastern India, is the latest sign of growing ties between the UAE and India.

Trump Defends Financial Report Showing His Personal Income Soared to $2.2 Billion in 2025, Sons of Donald Trump and Howard Lutnick Profit from U.S.-Backed Kazakhstan Mining Deal, Rights Groups Demand End to Venezuela Sanctions as Earthquake Death Toll Passes 2,000, Texas Lawmaker Condemns ICE for Attempting to Deport Families to Venezuela After Massive Quakes, Sudan’s Currency Plummets as Paramilitaries Besiege City of El Obeid, Russian Drones and Missiles Rain Down on Kyiv, Killing at Least 20, Palestinians Mark 1,000 Days Since Israel Began Full-Scale Assault on Gaza, Presbyterian Church (U.S.A.) Declares Israel’s Assault on Gaza a Genocide, Urges Arms Embargo, World’s Oceans Experienced Record Heat Wave in June, U.S. Faces Record Heat Over 4th of July Holiday, as Spain Says June Heat Wave Killed 1,000+, ICE Arrests 10,000 Immigrants in Under a Week as White House Demands Speedier Deportations, Seven More Receive Harsh Sentences for “Terrorism” After Attending Protest at Texas ICE Jail, Speaker Mike Johnson Says Trump Won’t Veto Housing Bill He Called “A Big Yawn”, House Votes to Disclose Lawmakers Behind Taxpayer-Funded Sexual Misconduct Payouts, Actor and Activist Danny Glover Reveals Alzheimer’s Diagnosis

This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Temperatures on the ocean surface have hit a record high, raising fears of another burst of extreme heat this summer. On June 21, temperatures outside the polar regions exceeded the extraordinary highs observed at the same time in 2023 and 2024, the […]

Principal looks to tap demand from Islamic investors in the Gulf and Asia for US private credit.

Donald Trump flew west on his new Air Force One, a $400 million gift from Qatar, dogged by questions about obscene profiteering in office, and his own enduring rage over a bestselling book.