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Plus: Booz Allen Hamilton stock dips as President Trump cracks down on federal spending. Retailers Ross Stores and Decker’s Outdoor cite uncertainties due to tariffs. Software maker Intuit reports better-than-forecast quarterly results. Ariana Aspuru hosts.
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Plus: Harvard sues the Trump administration over its move to block international student enrollment. Ukraine and Russia begin the biggest prisoner swap of the war. Pierre Bienaimé hosts.
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Plus: Major U.S. banks explore whether to team up to issue a joint stablecoin. And Chinese automaker BYD outsells Tesla in Europe for the first time ever. Kate Bullivant hosts.
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House Republicans pass Trump’s sweeping tax and spending bill, but some Senate Republicans say major changes are needed. In Washington, D.C., two Israeli Embassy workers are shot and killed outside a Gaza aid event, now being investigated as an act of terror. Southern California Edison faces backlash over a proposed 10% rate hike as questions swirl over its role in recent wildfires. And in Hollywood, Google backs a new short film project that aims to reshape how audiences think about artificial intelligence.
Plus: MNTN and Hinge Health rise post-IPO. Advance Auto Parts shares soar on better-than-expected quarterly results. Fannie Mae and Freddie Mac shares jump after President Trump teases taking the mortgage giants public. Ariana Aspuru hosts.
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Plus, U.S. home sales fell in April, hitting the slowest sales pace for that month since 2009. And the Supreme Court blocks state funding for religious charter schools. Alex Ossola hosts.
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Plus: House Republicans make last minute changes to their sprawling tax-and-spending bill. And Bitcoin has rallied to a new record high. Kate Bullivant hosts.
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Trump’s sweeping 1,000-page bill proposes permanent tax breaks, deep cuts to social programs, and new financial benefits for newborns. In California, $33 million in federal earthquake retrofit funding just vanished, jeopardizing safety upgrades to vulnerable buildings. And OpenAI just made a $6.5 billion deal, teaming up with former Apple design chief to build what they’re calling the future of computing.