What’s in the Senate’s version of Trump’s spending bill — and who stands to benefit

U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | Reuters After weeks of sparring over the specifics of the “one big, beautiful bill,” the package is poised to soon head to…

Trump loses latest bid to get Central Park Five defamation lawsuit tossed

U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo’s Foreign Minister Therese Kayikwamba Wagner and Rwanda’s Foreign Minister Olivier Nduhungirehe in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken Cedeno | Reuters A federal judge on Friday dealt another blow to President Donald Trump’s…

GOP Rep. Don Bacon to retire, Omaha swing district now a top target for Dems

Rep. Don Bacon, R-Neb., talks with reporters after a meeting of the House Republican Conference in the U.S. Capitol on Tuesday, November 14, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Don Bacon, a centrist Republican in Nebraska, is preparing to announce his retirement from Congress. Bacon’s retirement from Congress creates a…

California Gov. Newsom sues Fox News for $787M, alleges defamation about Trump call

California Gov. Gavin Newsom sued Fox News on Friday, seeking damages of at least $787 million from the conservative network for allegedly defaming him by making misleading comments about a phone call with President Donald Trump. “No more lies,” Newsom wrote in a tweet that announced his lawsuit, which the Democrat filed in Superior Court…

Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows

Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve’s target, according to a Commerce Department report Friday. The personal consumption expenditures price index, the Fed’s primary inflation reading, rose a seasonally adjusted 0.1% for the month, putting the annual inflation rate at 2.3%. Economists…

Bitcoin rises, NYSE battles for Trump ETF, and crypto may be coming to mortgage next

The price of bitcoin rose again on Wednesday, reaching above $108,000 at an intraday high, as investors looked past the recent tensions in the Middle East and the stock market hovered near an all-time record. But the trading in cryptocurrencies was uneven, with ether and solana both slipping modestly in afternoon trading. Washington, D.C., figured…