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The Latest Breaking News from Donald Trump

US stocks today: S&P 500 inches to higher close, AI fervor edges out Iran impasse

US stocks closed slightly higher as AI-driven momentum lifted semiconductor shares, even as rising crude prices and stalled US-Iran talks kept inflation worries alive. Strong earnings supported sentiment, with over 80% S&P 500 firms beating estimates. Focus now shifts to US inflation data and key macroeconomic indicators this week.

The Economic Times

Trump's cuts to a key small business program are gutting Native American businesses and the rural towns that rely on them

Tribal governments have diversified far beyond casinos to become economic engines, but a crackdown on federal small business contracting is threatening their very business model.

Fortune

Trump to cut federal fuel tax as motorists count cost of Iran war at the pump

Petrol prices in the US have risen by more than 50% since the start of the Middle East conflict, feeding domestic discontent

Evening Standard

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Donald Trump 'seriously considering' making Venezuela the 51st state of US

US President Donald Trump has said he is “seriously considering” making Venezuela the 51st state of the United States.

The Times of India

Trump-Xi summit will be no ‘Nixon in China’ moment – that they are talking is enough for now

Meetings between Chinese and American leaders are not exactly routine, but few are historically groundbreaking.

The Conversation

Warsh moves closer to Fed role with Senate cloture vote

The Senate moved a step closer to confirming Kevin Warsh, the nominee for chairman of the Federal Reserve Board, with a procedural vote Monday. The Senate voted 49-44 to invoke cloture on Warsh’s nomination to the Fed board. The chamber will later need to take a distinct vote on his…

Roll Call

Trump Reportedly Invites Elon Musk, Tim Cook, Other CEOs To China Trip

President Donald Trump has invited several CEOs, including Elon Musk and Tim Cook, to his upcoming trip to China, according to a new report.

International Business Times

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Strait of Hormuz Closure Pushes Crude Prices Higher

June WTI crude oil (CLM26 ) on Monday closed up +2.65 (+2.78%), and June RBOB gasoline (RBM26 ) closed up +0.0731 (+2.07%). Crude oil and gasoline prices settled sharply higher on Monday after President Trump rejected Iran's response to his latest peace proposal, which prolongs the closure of the Strait...

Barchart

Trump's and Rubio's escalating rhetoric show a Cuban invasion could be imminent

Increased U.S. military activity near Cuba is adding to fears of a broader confrontation.

Axios

About 25% of Americans Think Trump Assassination Attempt Was Staged, Poll Shows

About one in four Americans believe the April shooting at the White House Correspondents' Dinner involving President Donald Trump was staged. according to a new poll published Monday.

International Business Times

Elon Musk, Apple's Tim Cook to head to China with Trump: White House

Top US executives, including Tesla's Elon Musk and Apple's Tim Cook, will accompany US President Donald Trump on his visit to China this week, a White House official said Monday. According to a list shared by a White House official, speaking on condition of anonymity, Musk and Cook will be…

The Economic Times

Trump Says Iran Deal Is In 'Life Support' After 'Unbelievably Weak' Response From Tehran

President Donald Trump said on Monday that negotiations with Iran to end the war are in "life support" after the regime's "unbelievably weak" response to Washington's latest proposal.

International Business Times

Trump vows to pause federal gas tax after Iran war boosts US fuel prices to four-year high

National average for gas prices has risen by well over a dollar a gallon since late February

The Guardian - US

Trump says ceasefire with Iran on ‘life support’ after rejecting peace proposals

US president says he is considering restarting naval escorts in strait of Hormuz in attempt to end Iranian blockade

The Guardian - UK

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We Got This Covered

‘Brutally out of touch’: Transportation Secretary Sean Duffy launches a road trip reality show while gas hits $4.50 a gallon

Turned out to be a PR disaster.

We Got This Covered

‘LIES, LIES, LIES’: Trump called out a Fox News anchor by name for not pushing back hard enough on a Democrat

Even Trump’s favorite network isn’t safe from his wrath.

We Got This Covered

‘Bad day’: Trump praised his own Supreme Court picks before calling them an embarrassment to their families in the same 545-word post

He expects loyalty from his appointees.

We Got This Covered

Trump attended two golf tournaments at his own clubs in one week, and ethics experts say the public has no idea how much his family is making from it

Trump’s golf outings are drawing scrutiny again.

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Euronews

'US leadership has made NATO stronger than ever,' minister of North Macedonia tells Euronews

While many in Europe see Trump's policies as a threat to NATO, the Foreign Affairs Minister of North Macedonia told Euronews that the alliance has never been stronger than under President Trump's presidency.

The Guardian - UK

The Guardian view on World Cup ticket prices: $33,000? You’re having a laugh…

Editorial: Fifa’s embrace of dynamic pricing and resale markets has led to sky-high costs and a speculative free-for-all, betraying the spirit of the beautiful game

The Guardian - UK

Why is Putin now talking about the war in Ukraine ‘coming to an end’?

Drone strikes, mounting casualties and a distracted US president means a slow-motion victory is in doubt

Euronews

Socialists rebuff EPP push to advance EU-US trade deal talks

EPP pushes to advance the next round of discussions to implement the EU-US trade deal, but Socialist chair Lange insists on keeping 19 May as the date for the next negotiating round, according to people familiar with the matter.

Axios

Johnson to address Senate Republicans amid escalating tensions

Johnson is expected to emphasize the need for open lines of communication.

The Guardian - US

Senate Democrats to fight Republicans’ $1bn funding plan for Trump’s ballroom

Chuck Schumer accuses GOP of ‘asking working families to pay the price while Trump pockets the perks’ in letter

The Times of India

Trump says US-Iran ceasefire on 'life support'; calls Tehran's latest proposal 'piece of garbage'

US President Donald Trump on Monday said the ceasefire with Iran was “on life support” after he rejected Tehran’s response to its proposal, raising fears of renewed escalation in the 10-week-old conflict that has remained under a fragile ceasefire since April 8.

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