Politics DHS to deny green cards to immigrants using SNAP or Medicaid DHS finalized a rule allowing immigration officers to deny green cards to applicants who use SNAP, Medicaid, or housing aid. It takes effect Sept. 18, 2026, and could push over a million people to disenroll from benefits.
Geopolitics Only 11% of Europeans view the US as an ally, poll finds A new ECFR poll shows only 11% of Europeans now view the US as an ally, down from 22% in late 2024. The shift points to higher EU defense spending and a potential Buy European tilt in procurement.
Politics Mamdani Rejects $47K Pay Raise as NYC Council Votes Itself 18% Bump NYC Mayor Zohran Mamdani will forgo an 18% pay raise to $305,800 as the City Council votes itself a first salary bump in a decade, expected to cost the city $17M next year.
Politics Trump: Data Centers Are One of the Biggest Job Drivers of the Future Trump ripped New York's first-in-the-nation hyperscale data center moratorium, calling data centers one of the biggest future job drivers and warning investment will flow to Alabama, Florida, Texas, and Arizona.
Politics Hegseth: Troops Over 30 to Get Annual Testosterone Screenings Pete Hegseth is ordering annual testosterone deficiency screenings for U.S. service members aged 30 and up, with optional TRT — expanding the addressable market for testosterone therapy providers.
Politics House Rejects Amendment To Cut $3.3B In Israel Aid; Democrats Split The US House rejected a Massie amendment to cut $3.3B in aid to Israel by a 104-314 vote, but nearly half of Democrats supported it, exposing a widening rift with implications for defense budgets.
Macro US Tariff Refunds Exceed Collections, Widening June Budget Deficit In June, the US government refunded $49.2 billion in tariffs, surpassing the $23.6 billion collected, contributing to a $120 billion budget deficit.
Politics Trump: ‘No Limits’ to His Power After Iran War, per Axios Trump told Axios there are ‘no limits’ to his power after the Iran war, while admitting oil-shock fears drove him to accept an MOU instead of unconditional surrender. Here is the market angle.
Politics Trump Promoted 20+ Companies on Truth Social After Buying Their Stock: CNN A CNN investigation found Trump promoted more than 20 companies on Truth Social within days of buying their stock, including NVDA, TSLA, and AEO. Here is what to watch.
Geopolitics UK urges FIFA probe of Argentina over Falklands banner at World Cup The UK government urged FIFA to investigate Argentina after players held a Falklands sovereignty banner following their 2-1 World Cup semifinal win over England. FIFA says a review is underway.
Politics House Passes Sunshine Protection Act to Make Daylight Saving Time Permanent The House passed the Sunshine Protection Act 308-117, sending legislation to make daylight saving time permanent to the Senate, where opposition from Sen. Tom Cotton could stall it.
Politics Darline Graham sworn in as US Senator to finish late brother Lindsey's term Darline Graham was sworn in Tuesday to finish her late brother Lindsey Graham's Senate term, becoming South Carolina's first female senator and reshaping key committee dynamics through January 2027.
Markets Taco Bell probed in massive cyclospora outbreak causing 'explosive' diarrhea Federal and state health officials are investigating whether Taco Bell is linked to a multistate cyclosporiasis outbreak that has sickened thousands, with lettuce eyed as a potential source.
Politics New Mexico AG: DOJ withholding unredacted Epstein files, blocking state probe New Mexico AG Raul Torrez says the DOJ is withholding unredacted Epstein files needed for the state's Zorro Ranch probe, escalating political pressure on the Trump administration.
Macro US Sent $49.1B in Tariff Refunds to Businesses in June The US Treasury paid out $49.1 billion in tariff refunds to businesses in June, more than double May’s payouts and well above the $23.6 billion in tariff revenue collected during the month.
Politics Trump to Deliver Thursday Prime-Time Speech on 2020 Election Intel Trump will deliver a 9 p.m. Eastern speech Thursday on newly declassified intel the White House says shows foreign plans to interfere in the 2020 election. Here are the tickers traders should watch.
Politics Trump Administration Launches Campaign to ‘Dismantle’ the ICC The Trump administration is launching a whole-of-government campaign to dismantle the International Criminal Court, with Rubio pressuring allies to withdraw support and threatening cuts to US assistance.
Politics Judge Voids Trump’s $1.8B IRS Settlement, Refers Lawyers for Discipline A federal judge voided Trump’s settlement with the IRS that granted sweeping tax protections and set up a nearly $1.8B fund, referring lawyers for discipline.
Markets Ohio Named CNBC’s Top State for Business in 2026 Ohio is CNBC’s No. 1 State for Business in 2026, its first top finish since the study began in 2007, edging North Carolina as infrastructure becomes the highest-weighted category.
Politics Sen. Lindsey Graham Dies at 71 from Aortic Dissection Sen. Lindsey Graham, 71, died from an aortic dissection linked to arteriosclerosis. His sister, Darline Graham Nordone, appointed to fill his Senate term.
Crypto Trump’s $1.4B Crypto Haul Tops Every US Public Crypto Firm Trump’s 2025 financial disclosure shows at least $1.4B in crypto income, edging out Coinbase’s $1.26B and topping every publicly traded US crypto company on the board.
Tech Microsoft Hit With Backlash Over 4,800 Layoffs and 2,273 H-1B Approvals Microsoft is facing backlash after cutting 4,800 jobs including 1,600 at Xbox while USCIS data shows the company was approved for 2,273 H-1B hires this year.
Politics Pentagon Runs Low on Cash Despite Nearly $1T Budget The Pentagon is running out of cash despite a nearly $1T budget, asking Congress for $67B more as Iran war costs mount and munitions stockpiles run low.
Politics New Mexico AG Accuses DOJ of Stonewalling Epstein Ranch Probe New Mexico AG Raul Torrez says the DOJ is withholding unredacted Epstein files, stalling the state's Zorro Ranch investigation. The DOJ says it responded in June and stands ready to assist.
Markets NYC Adopts First US Click-to-Cancel Rule for Gyms, Streaming New York City adopted a first-in-the-nation click-to-cancel rule, forcing gyms, streamers and other subscription businesses to make cancellation as easy as signup starting October 1, with $525-per-violation penalties.
