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Politics
Gavin Newsom calls for national billionaires tax: ‘Economic reset’
Governor Gavin Newsom attends the 94th Annual Meeting of the United States Conference of Mayors in Long Beach, California on June 4, 2026. Myraneli Fabian | Anadolu | Getty ImagesCalifornia Gov. Gavin Newsom, who is widely viewed as a…
Trump threatens 100% tariff on countries putting ‘Digital Services Tax on
President Donald Trump on Friday threatened to impose a "100% TARIFF" on the goods of any country that imposes a digital services tax on U.S. companies."This TARIFF will supersede Trade Deals made with the Country, whether implemented,…
Trump says Iran violated ceasefire agreement with drone attacks
US President Donald Trump speaks during a dinner with American farmers in the Rose Garden of the White House in Washington, DC, US, on Thursday, June 25, 2026. Aaron Schwartz | Bloomberg | Getty ImagesPresident Donald Trump on Friday…
Ex-Trump advisor John Bolton pleads guilty to retaining national defense
Former U.S. Ambassador to the United Nations and former National Security Advisor John Bolton arrives for a plea hearing at U.S. District Court for the District of Maryland on June 26, 2026 in Greenbelt, Maryland. Al Drago | Getty…
OpenAI, Anthropic new AI spending reality as users shift to efficiency
India's Prime Minister Narendra Modi (L) takes a group photo with AI company leaders including OpenAI CEO Sam Altman (C) and Anthropic CEO Dario Amodei (R) at the AI Impact Summit in New Delhi on February 19, 2026.Ludovic Marin | Afp |…
Ex-Apollo CEO Leon Black says Jeffrey Epstein duped him
Leon Black, then-CEO of Apollo Global Management, at the Milken Institute Global Conference in Beverly Hills, California, May 1, 2018.Patrick T. Fallon | Bloomberg | Getty ImagesFormer Apollo Global Management CEO Leon Black in prepared…
SpaceX investors grapple with volatility amid big swings
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here.Rollercoaster. That's probably the most accurate word to describe SpaceX's opening two weeks as a public company. The stock surged…
Oil prices fall 3% as more tankers exit Strait of Hormuz
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty ImagesOil prices extended declines on Friday as more tankers exited the strategically vital Strait of Hormuz,…
Traffic rebounds in Strait of Hormuz but anxiety threatens recovery
Oil tankers and cargo vessels are anchored off the coast of Oman after being stranded for days as congestion at Port Sultan Qaboos has prevented them from docking on June 23, 2026 in Muscat, Oman.Elke Scholiers | Getty Images News |…
Red Lobster’s endless-shrimp promotion was a ‘car crash,’ lawsuit says
The exterior of a Red Lobster restaurant on May 20, 2024 in Austin, Texas. Red Lobster has filed for Chapter 11 bankruptcy protection after a failed lease-back agreement and "endless shrimp" promotion backfired against company…