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As Trump doubles down on Iran war, markets shudder and oil prices climb The Washington PostWorld anxious to open Hormuz Strait while Trump and Iran trade threats ReutersTrump criticizes European allies for not helping fix the damage his war against Iran has caused AP NewsTrump sends mixed messages on securing the Strait of Hormuz CBS News
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Live updates: Oil surges and stocks fall as Trump Iran war speech fails to calm nerves cnn.comIran War Live Updates: Trump Speech Rattles Markets, Macron Criticizes Shifting U.S. Goals The New York TimesUS Futures Drop as Trump Speech Dashes Hope for War's Early End Bloomberg.comMarkets are volatile after Trump's lack of clear exit plan cnn.comMorning Bid: Prime-time disappointment Reuters
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Panel led by Trump allies approves White House ballroom amid legal battle The Washington PostTrump's ballroom gets the green light from loyalist-stacked commission CNNTrump's ballroom gets approval days after judge orders construction halt Sky NewsWhat to Know About the ‘Massive' Military Bunker Beneath Trump's Ballroom The New York TimesOpinion | Trump is turning the White House into another tacky development MS NOW
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US sues Arizona, Connecticut, Illinois to stop regulation of prediction markets ReutersCFTC Sues Trio of States to Reaffirm its Exclusive Jurisdiction Over Prediction Markets Commodity Futures Trading Commission | CFTC (.gov)Trump administration sues three states over attempts to regulate prediction markets NPRCFTC sues Arizona, Connecticut, Illinois over prediction market regulation cnbc.com
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President Trump claimed in a White House address that the war on Iran was "nearing completion" but made no new announcements about the conflict.
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Dow closes lower as Trump comments dampen traders' hopes for Iran war ending: Live updates CNBCOil and Stocks Wobble After Trump Vows More Iran Strikes The New York TimesEnergy markets start tuning Trump out after repeated Iran war whiplash CNNU.S. crude on Thursday did something it's never done before as Iran war continues CNBC
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Trump sets 100% drug tariffs on companies that haven't lowered prices The Washington PostTrump administration prepares up to 100% pharmaceutical tariffs on some imported drugs CNBCTrump imposes tariffs on pharmaceuticals, adjusts duties on steel, other metals PoliticoTrump signs 100% tariff on brand-name pharmaceuticals USA Today
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Options data show record positioning for both long calls and short puts on the S&P 500, meaning traders are hedging their portfolios for market swings in both directions.
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Trump ousts Pam Bondi as attorney general The Washington PostPam Bondi was destined to fail. But she also made it worse CNNFrom Trump's attorney to the Epstein files: Todd Blanche's rise to attorney general NBC NewsTrump fires Attorney General Pam Bondi cnbc.comBlanche, Trump
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Trump's ballroom design gets final OK from planning commission PoliticoPlanning Commission Approves Trump's Ballroom, but Legal Roadblocks Remain The New York TimesOpinion | Trump is turning the White House into another tacky development MS NOWJudge rules that White House ballroom construction ‘has to stop!' CNNWhy Republicans aren't rushing to save Trump's ballroom Politico
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Live Updates: Trump says Iran war will still take weeks, oil prices rise with no plan to open Strait of Hormuz CBS NewsOpinion | Trump's hall-of-mirrors speech The Washington PostMaybe Trump Should Not Have Given This Speech The Atlantic'What the hell did he just say?' GOP Iran worries build after Trump speech Politico
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Also in today's newsletter: SpaceX kicks off largest IPO process in history, and Saudi Arabia bridles at Trump's handling of Iran war
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President Donald Trump and Iranian President Masoud Pezeshkian have both suggested the conflict could end soon.
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Former President Donald Trump's social media site, Truth Social, has lost $73 million since its launch last year, according to a regulatory filing made on Monday that raises concern about the platform's financial condition.
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