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Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates

Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Trump’s ire.

© Natalie Behring/Getty Images

Kevin Warsh, chairman of the Federal Reserve, at the Jackson Hole Economic Symposium on Friday.
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Milo Yiannopoulos, Right-Wing Agitator, Deported Home to U.K.

Mr. Yiannopoulos, an early supporter of President Trump and vocal supporter of mass deportations, was himself sent back to his home country, part of a long fall from right-wing grace.

© Win Mcnamee/Getty Images

Milo Yiannopoulos at the U.S. Capitol in 2022.
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Carney Has Canadians’ Support on Trump. Now Comes the Hard Part.

The U.S.-Canada trade war has galvanized Canadians behind their prime minister’s decision to walk away from negotiations. What happens when the time comes for talks to restart?

© Dave Chan/Agence France-Presse — Getty Images

Canadian Prime Minister Mark Carney speaks at a news conference in Ottawa, Ontario, after trade talks with the US collapsed earlier this month.
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Artemis II astronauts receive nation's highest space honor for their successful moonshot

Reid Wiseman, Victor Glover, Christina Koch and Jeremy Hansen receive Congressional Space Medal of Honor

The Artemis II astronauts who flew around the moon in April received the US’s highest space honor on Friday.

Donald Trump presented the Congressional Space Medal of Honor to the three Americans and one Canadian whose lunar flyby for the US space agency Nasa set a new distance record for humanity.

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© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

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Artemis II astronauts receive nation's highest space honor for their successful moonshot

Reid Wiseman, Victor Glover, Christina Koch and Jeremy Hansen receive Congressional Space Medal of Honor

The Artemis II astronauts who flew around the moon in April received the US’s highest space honor on Friday.

Donald Trump presented the Congressional Space Medal of Honor to the three Americans and one Canadian whose lunar flyby for the US space agency Nasa set a new distance record for humanity.

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© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

© Photograph: Kent Nishimura/AFP/Getty Images

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Ex-White House teleprompter operator fined $172,000 for Trump speech bets

Commodity Futures Trading Commission said Gabriel Perez wagered on Kalshi about words president used in speeches

A White House teleprompter operator who left his post amid accusations that he used inside knowledge to make bets on Donald Trump’s speeches on an online prediction market has been fined $172,000, according to federal regulators.

Gabriel Perez illicitly exploited “material, nonpublic information” that he gathered through his work for the president in order to place wagers on the Kalshi platform “for his personal benefit”, the Commodity Futures Trading Commission (CFTC) maintained in a news release on Friday.

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© Photograph: Nathan Posner/Anadolu via Getty Images

© Photograph: Nathan Posner/Anadolu via Getty Images

© Photograph: Nathan Posner/Anadolu via Getty Images

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Is Donald Trump’s bid to brand Democrats as ‘radical’ communists working?

In deep red South Carolina, the president helped stoke apprehension of a deeper red surge ahead of November’s US midterm elections

After casting his vote in South Carolina, a man who introduced himself as Chestnut was unwilling to give his full name. “You don’t have a need to know,” the air force veteran declared. He was, however, happy to share his views.

“I’m a true American. I believe in the USA,” said the man, outside Christ the Servant Lutheran church in Conway. “And I don’t believe in communism or socialism.”

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© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

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The rebranding of ‘Lake America’ is Trump’s desperate attempt to distract us | Arwa Mahdawi

Ignore Iran, the Epstein files, and your wallet – not to mention Trump’s plummeting approval ratings

Don’t mention the war! Or the economy, for that matter. Or the Epstein files. Or Natalie Harp. Or “affordability”, which, as Donald Trump recently said at a rally, is a word that was “never used” by the media before he took office. Best not to talk about anything that affects ordinary people or embarrasses the president, really. Instead, let’s all rejoice in Trump’s latest triumph: renaming Lake Ontario, which is shared by Canada and the US, as Lake America.

On Thursday, Trump signed an executive order directing federal agencies to America-fy the lake’s name on US maps and documents, which is an excellent use of time and resources. I suppose we can at least be thankful that the president, who is trying to slap his own name on everything from airports to the Kennedy Center, didn’t decree that the body of water be called Lake Trump.

Arwa Mahdawi is a Guardian columnist

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© Photograph: Al Drago/Pool/Al Drago - Pool/CNP/Shutterstock

© Photograph: Al Drago/Pool/Al Drago - Pool/CNP/Shutterstock

© Photograph: Al Drago/Pool/Al Drago - Pool/CNP/Shutterstock

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Nasa space telescope launches after surviving Trump budget cuts

Searching for exoplanets and clues on planet formation, the Roman telescope begins million-mile journey from Florida launchpad

A $4.3bn space telescope that Donald Trump tried to kill has lifted off from Florida as Nasa embarks on the next stage of its quest to unlock the secrets of the universe.

The Nancy Grace Roman space telescope survived two rounds of proposed White House budget cuts, and began a million-mile journey into deep space from a launchpad at the Kennedy Space Center on Sunday morning. .

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© Photograph: Joe Skipper/Reuters

© Photograph: Joe Skipper/Reuters

© Photograph: Joe Skipper/Reuters

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Nasa space telescope launches after surviving Trump budget cuts

Searching for exoplanets and clues on planet formation, the Roman telescope begins million-mile journey from Florida launchpad

A $4.3bn space telescope that Donald Trump tried to kill has lifted off from Florida as Nasa embarks on the next stage of its quest to unlock the secrets of the universe.

The Nancy Grace Roman space telescope survived two rounds of proposed White House budget cuts, and began a million-mile journey into deep space from a launchpad at the Kennedy Space Center on Sunday morning. .

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© Photograph: Joe Skipper/Reuters

© Photograph: Joe Skipper/Reuters

© Photograph: Joe Skipper/Reuters

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Judge Rules Trump Unlawfully Targeted Stanford Students Who Criticized Israel

The ruling was a win for Stanford’s student newspaper, The Stanford Daily, and it followed another court victory for students targeted by the Trump administration last year.

© Jim Wilson/The New York Times

A lawsuit argued that student journalists had been forced to self-censor out of fear of government retaliation.
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High Debt and Rising Prices Catch Up to Trump, as Midterms Near

To win in 2024, the president promised an economic course correction. Almost two years later, his agenda has made that fight even harder.

© Haiyun Jiang/The New York Times

A series of concerning economic snapshots for President Trump have been released over the past week.
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‘Lake America’? These Upstate New Yorkers Aren’t Letting Go of ‘Ontario.’

President Trump on Thursday signed an order rechristening Lake Ontario as Lake America, but businesses around Niagara Falls say they won’t be changing their tune.

© Cole Burston/Agence France-Presse — Getty Images

For some of the over two million New Yorkers who live along the shores of Lake Ontario, its new name seemed like an unworthy distraction.
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Trump Says U.S. Struck Deal for Control of More Than 65 Billion Barrels of Venezuela’s Oil

The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.

© Adriana Loureiro Fernandez for The New York Times

An oil refinery in Punto Fijo, Venezuela, in 2021. Venezuela’s president, Delcy Rodríguez, said a U.S. oil deal would have a “significant impact on our nation’s revival.”
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Trump announces new US oil agreement with Venezuela

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves

Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.

The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with ⁠private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.

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© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

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Trump Administration Looks to Give a Swath of Yosemite Park to Developer

The proposed land swap would allow easy access to the crown jewel of the national park system. Democrats and former Park Service officials are incensed.

© Mike Kai Chen for The New York Times

Visitors walk through Yosemite Valley in Yosemite National Park.
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Trump announces new US oil agreement with Venezuela

US president says US will have ‘majority’ control of 65bn barrels of proven oil reserves

Donald Trump announced Friday a new US oil agreement with Venezuela’s interim president Delcy Rodríguez, saying the US will have “majority” control of 65bn barrels of proven oil reserves.

The terms of the agreement remain to be seen, but the US president said on his social-media platform that it had been brokered “through a partnership with ⁠private business” by his secretary of state, Marco Rubio, and defense secretary, Pete Hegseth.

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© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

© Photograph: Anadolu/Getty Images

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Los Angeles fire survivors face record wait for federal disaster aid under Trump

Nearly 600 days after the devastating 2025 fires, thousands of Los Angeles residents are still waiting for more than $15bn in federal funds to rebuild their communities

As thousands of residents in Spokane, Washington, begin to grapple with a long recovery after a destructive set of blazes that consumed hundreds of homes in the state’s second most populated city this month, victims of the Los Angeles firestorm broke a grim record – they have faced the longest delay in modern history for federal aid.

Nearly 600 days since a historic firestorm roared into communities across Los Angeles, reducing more than 16,000 structures to ash and toxic debris, the Trump administration has failed to appropriate more than $15bn in long-term recovery funds that are crucial to rebuilding. The delay in supplying the badly needed funds is months longer than the last record set when victims of the Maui fires had to wait 500 days to receive the support, LAist noted this week.

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© Photograph: David Ryder/Reuters

© Photograph: David Ryder/Reuters

© Photograph: David Ryder/Reuters

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Trump arch will alter sightlines of many Washington DC landmarks, report says

National Park Service, which backs the 250ft arch, says it is likely to disrupt historical significance of dozens of sites

A new National Park Service report backs Donald Trump’s proposed arch, despite what it says are adverse effects to the sightlines of a host of landmarks in Washington, including the Washington Monument and the Lincoln and Jefferson memorials.

The report released on Friday says the 250ft-tall (76-meter) memorial arch is likely to disrupt the historical significance of dozens of sites near its planned location adjacent to the Arlington Memorial Bridge.

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© Photograph: Andrew Caballero-Reynolds/AFP via Getty Images

© Photograph: Andrew Caballero-Reynolds/AFP via Getty Images

© Photograph: Andrew Caballero-Reynolds/AFP via Getty Images

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For Trump, the Iran War Is Stuck Between Combat and Genuine Peace

The war has deteriorated over the past six months into Mr. Trump’s own version of a “forever war,” with no clear goals and no end in sight.

© Kenny Holston/The New York Times

President Trump has been unable so far to broker an agreement to end the war on satisfactory terms.
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