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Oops. Trump’s ‘Golden Dome’ missile defense system actually costs about $1 trillion more than he said it would

The CBO report is described as an analysis that reflects “one illustrative approach rather than an estimate of a specific Administration proposal.”

By Fatima Hussein and The Associated PressMay 12, 2026

India brings back COVID-era work-from-home rules and asks farmers to halve fertilizer use as the Iran war chokes its oil lifeline

India brings back COVID-era work-from-home rules and asks farmers to halve fertilizer use as the Iran war chokes its oil lifeline

By Marco Quiroz-GutierrezMay 12, 2026

Employees in a General Motors factory.

The U.S. auto industry went from global hegemon to running a $3.3 trillion trade deficit with the world: ‘That’s not acceptable’

By Tristan BoveMay 12, 2026

FDA Commissioner Dr. Marty Makary announced his resignation after a rocky year

FDA Commissioner Dr. Marty Makary announced his resignation after a rocky year

By The Associated Press and Matthew PerroneMay 12, 2026

dario

Even as hallucinations show up in legal filings, Big Law goes all in on AI with new Anthropic release

By Nick LichtenbergMay 12, 2026

Man sitting staring at his computer.

Chatbots are becoming mental health tools before they are ready

By Beatrice NolanMay 12, 2026

Federal prosecutors charge ship operator and employee in Francis Scott Key Bridge collapse that killed six

Federal prosecutors charge ship operator and employee in Francis Scott Key Bridge collapse that killed six

Federal prosecutors allege Synergy Marine and a key employee knew the Dali had critical power failures before it left Baltimore’s port.

By The Associated Press, Michael Kunzelman and Ed WhiteMay 12, 2026

Painting the Reflecting Pool is ‘more appropriate to a resort or theme park,’ says the president of a nonprofit suing the Trump administration

A nonprofit is asking a judge force the Trump administration to stop its work on the Lincoln Memorial Reflecting Pool.

By The Associated Press and Steven SloanMay 11, 2026

Native American businesses have diversified beyond casinos to become a rural economic force. Trump is cutting off a lifeline that goes beyond tribes

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.

By Tristan BoveMay 11, 2026

Joni Lamb, founder of one of the largest Christian TV networks in the world, dies at 65

Lamb had been suffering from serious health issues, the Daystar Television Network said. A cause of death was not released.

By John Seewer and The Associated PressMay 11, 2026

More in Politics

coalie

Meet ‘Coalie,’ the anime-style anthropomorphic lump designed to sell you the idea that pollution can be clean

Coalie’s design draws on a type of Japanese anime called Kawaii, a word meaning “cute” or “adorable.

By Annie Persons and The ConversationMay 12, 2026

‘It’s a miserable number’: Inflation surges as the Iran war and breakneck AI spending are crushing consumers

KPMG’s Diane Swonk says the Iran war is in your groceries, AI is in your electricity bill, and the Fed has no easy way out.

By Eva RoytburgMay 12, 2026

April inflation shoots 3.8% higher on surging prices from war in Iran

Gasoline prices rose 5.4% during the month.

By Paul Wiseman and The Associated PressMay 12, 2026

Trump is on a charm offensive ahead of President Xi meeting—and he wants Elon Musk and Tim Cook in tow

China’s President Xi is a leader “respected by all” Trump posted, ahead of his meetings in Beijing.

By Eleanor PringleMay 12, 2026

More in Politics

Latest Stories

Choosing a gold IRA custodian: 4 key things to consider

Personal Finance Choosing a gold IRA custodian: 4 key things to consider

By Joseph HostetlerMay 12, 2026

The Best Memorial Day Fitness Equipment Sales of 2026

Health The Best Memorial Day Fitness Equipment Sales of 2026

By Christina SnyderMay 12, 2026

Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers

Travel & Leisure Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers

By Catherina GioinoMay 12, 2026

person alone in office

Economy The China shock hollowed out factory towns. This professor thinks the AI shock is coming for your urban coffee shop

By Jake AngeloMay 12, 2026

Indra Nooyi says board members who won’t learn AI should step aside: ‘What are they going to contribute?’

Newsletters Indra Nooyi says board members who won’t learn AI should step aside: ‘What are they going to contribute?’

By Emma HinchliffeMay 12, 2026

The Best Memorial Day Treadmill Sales of 2026

Health The Best Memorial Day Treadmill Sales of 2026

By Christina SnyderMay 12, 2026

delancey

Arts & Entertainment The ‘King of Comics’ finally gets his due as New York names a Lower East Side street after Jack Kirby

By Miriam Eve Mora and The ConversationMay 12, 2026

Ed Bastian with both his hands up

Success Delta’s CEO let AI write a speech for Gen Z college grads—but he threw it away and started over with pencil and paper for one key reason

By Preston ForeMay 12, 2026

Navy plans to buy 15 costly Trump-class battleships by 2055

Politics Navy plans to buy 15 costly Trump-class battleships by 2055

By Tony Capaccio, Roxana Tiron and BloombergMay 11, 2026

donald trump

Energy Trump wants to suspend the federal gas tax. The move could mean higher debt—and more potholes

By Jake AngeloMay 11, 2026

Donald Trump pictured during a press conference following a Supreme Court ruling on his tariff policy.

Economy Fed researchers see a ‘full pass-through’ of Trump’s tariff costs to consumers, adding almost a full percentage point to inflation

By Tristan BoveMay 11, 2026

foxman

Politics Abe Foxman, longtime director of Anti-Defamation League, dies at 86

By The Associated PressMay 11, 2026

Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families

Law Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families

By Bloomberg and Kurt WagnerMay 11, 2026

baby

Law Congratulations! If you named your kid Olivia or Liam, you’re officially basic

By Fatima Hussein and The Associated PressMay 11, 2026

todd

Law Biden’s DOJ sued a data company, accusing it of helping Big Meat fix prices. Trump’s DOJ is about to settle

By Alanna Durkin Richer and The Associated PressMay 11, 2026

gas

Economy Oregon Democrats have genius political strategy: raising the gas tax heading into the midterm elections

By Claire Rush and The Associated PressMay 11, 2026

iran

Politics Trump says ceasefire is on ‘life support’ after Iran’s latest nuclear offer was ‘garbage’

By Jon Gambrell, Seung Min Kim, Samy Magdy and The Associated PressMay 11, 2026

trump

Asia Trump and Xi may meet 4 times in the next 8 months as Air Force One heads to Beijing

By Will Weissert and The Associated PressMay 11, 2026

starmer

Politics Keir Starmer says he’s in ‘battle for the soul of our nation,’ vows to draw UK closer to EU

By Jill Lawless and The Associated PressMay 11, 2026

Young Americans are more pessimistic about jobs than their parents—and no advanced economy has ever seen this kind of divide

Economy Young Americans are more pessimistic about jobs than their parents—and no advanced economy has ever seen this kind of divide

By Nicholas Riccardi and The Associated PressMay 11, 2026

The widow of a man killed in a Florida mass shooting is suing ChatGPT maker OpenAI, claiming it ‘knew this would happen’

Law The widow of a man killed in a Florida mass shooting is suing ChatGPT maker OpenAI, claiming it ‘knew this would happen’

By The Associated Press and Jeff MartinMay 11, 2026

‘It’s here’: Google issues dire warning after catching hackers using AI to break into computers

AI ‘It’s here’: Google issues dire warning after catching hackers using AI to break into computers

By Matt O'Brien and The Associated PressMay 11, 2026

‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns

Politics ‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns

By Jim EdwardsMay 11, 2026

voters in line

Economy Forget the Rust Belt or the Sun Belt. The ‘Wired Belt’ may be the next frontier of American political power

By Jake AngeloMay 11, 2026

Markets sell off as U.S.-Iran ceasefire plans go nowhere, leaving Trump with military options to reopen the Strait of Hormuz

Energy Markets sell off as U.S.-Iran ceasefire plans go nowhere, leaving Trump with military options to reopen the Strait of Hormuz

By Jason MaMay 10, 2026

Mexican cartel armed with explosives launched from drones attacks rural communities, forcing 800-1,000 families to flee

North America Mexican cartel armed with explosives launched from drones attacks rural communities, forcing 800-1,000 families to flee

By Megan Janetsky and The Associated PressMay 10, 2026

Trump quickly blasts Iran’s response to U.S. ceasefire proposal as ‘totally unacceptable’ after warning Tehran ‘will be laughing no longer’

Politics Trump quickly blasts Iran’s response to U.S. ceasefire proposal as ‘totally unacceptable’ after warning Tehran ‘will be laughing no longer’

By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026

Netanyahu says war with Iran isn’t over, need to secure uranium

Politics Netanyahu says war with Iran isn’t over, need to secure uranium

By Yash Roy and BloombergMay 10, 2026

Iran responds to U.S. ceasefire proposal, saying talks must focus on permanently ending the war on all fronts

Politics Iran responds to U.S. ceasefire proposal, saying talks must focus on permanently ending the war on all fronts

By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026

China may not offer breakthroughs when Trump meets Xi because Beijing is ‘working backward from our midterm elections’

Asia China may not offer breakthroughs when Trump meets Xi because Beijing is ‘working backward from our midterm elections’

By Will Weissert and The Associated PressMay 10, 2026

Shaky Iran war ceasefire tested again as drone hits cargo ship off Qatar coast while Kuwait and UAE repel drone attacks

Politics Shaky Iran war ceasefire tested again as drone hits cargo ship off Qatar coast while Kuwait and UAE repel drone attacks

By Jon Gambrell, Samy Magdy and The Associated PressMay 10, 2026

Elon Musk stares

Economy ‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt

By Jacqueline MunisMay 10, 2026

Fortune Archives: Ted Turner’s reckless, brilliant bets

Law Fortune Archives: Ted Turner’s reckless, brilliant bets

By Indrani SenMay 10, 2026

trump

Commentary Trump thinks he’s flying to Beijing with leverage. China spent 6 years making sure he doesn’t have any

By Steve H. HankeMay 10, 2026

UK moves warship to Middle East for potential Hormuz mission

Politics UK moves warship to Middle East for potential Hormuz mission

By Ellen Milligan and BloombergMay 9, 2026

Iran war is draining world’s oil buffer at an unprecedented pace

Energy Iran war is draining world’s oil buffer at an unprecedented pace

By Grant Smith, Yongchang Chin and BloombergMay 9, 2026

A federal judge weighing the future of a D.C. golf course doesn’t want to be Amy Poehler, but Trump might be interested as he remakes parks

Politics A federal judge weighing the future of a D.C. golf course doesn’t want to be Amy Poehler, but Trump might be interested as he remakes parks

By Steven Sloan and The Associated PressMay 9, 2026

Russian debt defaults are surging, with a quarter of the bond market at risk, while Putin hides in bunkers fixated on his war instead of the economy

Economy Russian debt defaults are surging, with a quarter of the bond market at risk, while Putin hides in bunkers fixated on his war instead of the economy

By Jason MaMay 9, 2026

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Most Popular

Forget U.S. debt, China's total borrowing is in 'a league of its own'—much worse and deteriorating faster, analyst says

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By Jason MaMay 11, 2026

Microsoft’s CFO admits she joined the tech giant without even knowing her salary—and then missed her first day of work

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By Preston ForeMay 11, 2026

OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead

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By Sydney LakeMay 10, 2026

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