Trump announces 25% tariff on countries doing business with Iran

Iran’s options appear increasingly limited as Trump also weighs military action over reports of hundreds of anti-government protesters being killed.
Cars aflame during anti-government protests in TehranStringer/WANA (West Asia News Agency) via Reuters

Alphabet joins $4 trillion club

Google’s parent company hit a $4 trillion market valuation on Monday after Apple picked Google’s Gemini to power its AI product.
The Google sign is shown on one of the company’s office buildings in Irvine, California.Mike Blake/Reuters

Peltola challenges Sullivan in Alaska

The former representative is a promising recruit for Senate Democrats.
Mary Peltola in 2023Evelyn Hockstein/Reuters

US markets rise, looking past Powell probe

US markets climbed Monday despite the Trump administration’s renewed attacks on the Federal Reserve.
U.S. President Donald Trump and Federal Reserve Chair Jerome PowellKent Nishimura/File Photo/Reuters
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Politics

Powell investigation backfires with Hill Republicans

The Trump administration has stepped on a proverbial rake with its party, where even the central bank chair’s detractors didn’t want to defend the probe.
Federal Reserve Chairman Jerome PowellKevin Lamarque/Reuters

Peltola challenges Sullivan in Alaska

The former representative is a promising recruit for Senate Democrats.
Mary Peltola in 2023Evelyn Hockstein/Reuters

Senate whip backs Hageman in Wyoming Senate race

Rep. Harriet Hageman’s defeat of Liz Cheney in 2022 put her in pole position for the next Senate seat.
Harriet HagemanHarriet Hageman/Handout via Reuters

Inside the scramble to keep a divided America’s 250th birthday on track

Fittingly for 2026 America, two quite different groups are preparing for the same date.

Record number of Americans identify as independents

Forty-five percent of Americans now say they’re independents.

Congress braces for decisive week as shutdown nears

After this week, the Senate will go on recess for a week, with the House set to follow — leaving little time for cross-chamber coordination.

Trump’s affordability agenda faces friction

Two of the president’s newest proposals track closer to the GOP’s populist fringe than to its free-market core.

Federal inquiry into Powell dramatically dials up Trump-Fed clash

The Fed chair linked the probe to the Fed setting interest rates independently “rather than following the preferences of the president.”

Blackstone invests $100M in elite marketing tech firm

Applecart has a leading place in an emerging but discreet cohort of companies and organizations aimed at reaching key figures in industry and government.

The business of a viral Substack scandal isn’t as good as you think, Ryan Lizza says

“On the money part, not enough,” Lizza said on Semafor’s “Mixed Signals” podcast when asked about how much money he made off of the 25,000-word series.

Tehran should take Trump’s warning literally

The US president’s handling of Venezuela sent a message to adversaries: red lines aren’t theoretical.
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