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The Latest Breaking News from Donald Trump

US stocks today: S&P 500, Nasdaq end lower as inflation, Iran tensions weigh

US stocks closed lower as hotter-than-expected inflation and escalating US-Iran tensions weighed on sentiment. The S&P 500 and Nasdaq retreated from record highs, led by tech weakness, while Dow held steady. Rising oil prices and fears of prolonged inflation reduced hopes of Fed rate cuts and lifted rate-hike bets.

The Economic Times

'Indians hiring Indians': Former Google contractor says he was asked to train his replacement

A former Google contractor, Stephen Vivien, said it was mean, harsh and dehumanizing when he was asked to train his replacement and his whole team's jobs were sent to India, the Phillipines and Ireland. Vivien said this for an H-1B documentary for GB News, which interviewed US techies who lost…

The Times of India

True cost of Trump’s Golden Dome revealed at $1.2 trillion, six times more than he claimed, budget report says

President has said the space-based system would be ready by 2029, but industry insiders have said the project has barely gotten off the ground

The Independent UK

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Brazil's Lula launches $2 billion anti-organized crime project ahead of elections

Brazil’s government has launched an anti-organized crime program, allowing $2 billion in spending on public security

The Independent UK

Trump dismisses concerns over rising living costs from Iran war

IN FULL

The Independent UK

Patients Have a Right To Try. Why Can't They Use It?

Terminally ill patients were promised access to experimental treatments, but the "right to try" exists mostly on paper.

Reason

CNN, MSNBC and Major US Newspapers Accused of 'Pro-Israel' Bias in Gaza Coverage Following Analysis of 17,000 Reports

A bombshell review of 17,000 reports levels pro-Israel bias charges at CNN, MSNBC and US papers over Gaza, as journalist deaths hit 262 since war's start. Spotlight falls on casualty framing gaps.

International Business Times UK

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Trump refuses to rule out troops or ICE at polling stations: ‘I’d do anything necessary’

Trump continues to falsely claim his 2020 election loss was the result of ‘fraud’ and often suggests that the only way his party can lose is through Democratic misconduct

The Independent UK

US Treasury yields hit 5%: Why investors are dumping bonds as oil prices and inflation rise amid US-Iran conflict

US Treasury yields today: Global bond markets are experiencing unease. Rising oil prices and persistent inflation are reshaping interest rate expectations in the US and globally. US Treasury yields are climbing as inflation fears intensify. This situation is causing investors to rethink Federal Reserve rate cut possibilities. UK bond markets…

The Economic Times

Late night TV hosts join forces in going dark on Stephen Colbert’s final night

The last ever ‘The Late Show with Stephen Colbert’ will air Thursday, May 21

The Independent UK

It’s not just Canadian tourists snubbing U.S. cities. Business leaders are cancelling more trips to America as geopolitical tensions continue

An analysis of cell phone data shows Canadian visits to U.S. cities have plummeted 42% year-over-year, dwarfing previous estimations.

Fortune

The View’s Alyssa Farah Griffin reveals she opened ‘Trump Account’ for son — but claims he’s ‘not a Trump child’

Investment accounts are part of a Trump administration initiative

The Independent UK

Jimmy Kimmel calls on fans to cancel their Paramount+ subscriptions in support of Stephen Colbert

‘Why aren’t you people canceling Paramount+? Because you never had it in the first place?’ the late night host asked

The Independent UK

WHCD shooter Cole Allen’s lawyers want the entire DC prosecutors’ office kicked off his case

Cole Allen, the man accused of trying to assassinate President Donald Trump at last month’s White House Correspondents’ Dinner, has pleaded not guilty to all charges. His lawyers are now pushing to boot the prosecutors’ office off the case. At a court appearance on May 11, Allen’s legal team asked…

The Mary Sue

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The Independent UK

America’s largest bank wades into Labour’s leadership crisis

Jamie Dimon has threatened to reconsider a $3bn Canary Wharf investment if the party lurches to the left

The Mary Sue

‘His messages are consistently deranged’: In things that never happened, Trump accuses Pope Leo XIV of promoting Iran having nuclear weapons

Over the years, Donald Trump has built a reputation for speaking without filters about others. More often than not, among three facts, he occasionally slips in three things that have never happened. A video currently gaining traction on social media from Trump’s recent interaction with the press at the Oval…

The Mary Sue

‘Greed is a horrible trait’: Iran Embassy congratulates Karoline Leavitt over daughter’s birth, but there is a twist

White House Press Secretary Karoline Leavitt is probably one of the last people you’d expect to take a stand for Iran, including for the children killed in the early days of the US and Israel’s joint attacks on the country. Nevertheless, Iran is leaving no stone unturned in calling her…

Barchart

Weak Stocks and Crude Oil Strength Lift the Dollar

The dollar index (DXY00 ) on Tuesday rose by +0.34%. The dollar moved higher on Tuesday amid renewed concerns that the US-Iran ceasefire may break down after President Trump said the current ceasefire was on “life support.” Tuesday’s +4% surge in crude oil prices also boosted inflation expectations and may...

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The Independent UK

Trump mobile is already taking deposits on the ‘gold phone.’ They’re saying it may never be released

The fine print says there is no binding contract or guaranteed inventory of the delayed Trump Mobile smartphone, and that pricing, features and release dates can change at any time

We Got This Covered

‘He kept me out of jail’: A normal person would never admit that in public. Trump walked up to the mic at a law enforcement event and led with it

High praise!

Roll Call

South Carolina state Senate stymies redistricting effort

The South Carolina state Senate on Tuesday rejected a proposal to extend their legislative session, making it appear unlikely the state will redraw its House map ahead of the November elections. Five Republican state senators joined all Democrats in voting against a sine die agreement that would have allowed the…

We Got This Covered

Melania warned Trump to act presidential before his White House speech. He lasted about ten seconds before breaking his promise on the mic

So much for being “presidential.”

Barchart

Crude Oil Prices Surge on Concern Over Prolonged Closure of Hormuz

June WTI crude oil (CLM26 ) on Tuesday closed up +4.11 (+4.19%), and June RBOB gasoline (RBM26 ) closed up +0.0979 (+2.72%). Crude oil and gasoline prices settled sharply higher for a second day on Tuesday after President Trump cast doubt over the ceasefire with Iran, which could lead to...

International Business Times

Iran War Has Cost Taxpayers At Least $29 Billion So Far, Pentagon Says

Jules W. Hurst III, the Pentagon's acting comptroller, said that the war in Iran has cost taxpayers at least $29 billion so far.

Evening Standard

Up to Starmer if he quits, says Trump as he renews attack on UK energy stance

The US president also argued Britain needs to get ‘tough on immigration’.

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