U.S. Rep. Veronica Escobar (D-Texas) has introduced legislation that would prevent the federal government from using eminent domain or federal funding to construct border security infrastructure on or near Mount Cristo Rey, a prominent Catholic pilgrimage site overlooking the border region of Texas, New Mexico and Mexico. The Mount Cristo Rey Protection Act comes after the federal…
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US has hit 60 countries with new duties of at least 10 per cent as Donald Trump rebuilds the tariff wall that was knocked down by the Supreme Court earlier this year….
Most Americans don’t look to their 401(k) plans for excitement or experimentation, instead relying on the promise that steady saving and sober planning will guarantee security in their golden years. But the Trump administration wants to transform the well-worn patterns of retirement investing. To do so, it is moving to weaken the main protection workers…
Last Updated: June 17, 2026 at 4:25 p.m. ETFirst Published: June 17, 2026 at 1:06 p.m. ET Snap CEO Evan Spiegel is deepening his bet on augmented-reality glasses — but investors aren’t buying the pitch. The Snapchat parent company SNAP got into the technology-infused glasses game relatively early, debuting its first Spectacles about a decade ago. And…
Serving looks all summer on the green carpet of Kensington Gardens, the often wildly experimental Serpentine pavilion is best viewed as a piece of architectural haute couture. For the last 25 years, it has hosted all sorts of fashionistas, from the American Frank Gehry, whose pavilion resembled an explosion in a lumber yard, to Swiss…
When SpaceX pulled back the curtain on its finances last week, some investors were taken aback. The company’s space business was not generating as much revenue or profit as they had expected, and the losses from xAI, its artificial intelligence unit, were surprisingly large. But some of those doubters will buy SpaceX’s stock anyway when…
When Tommy Fisher set out to build a section of border wall in South Texas during the first Trump administration, the project quickly became ensnared in controversy. Experts raised concerns about shoddy construction and signs of erosion. Beyond that, Fisher’s company had received funding from a group called We Build the Wall, an influential conservative…
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street’s rebound since late March has been driven by the smallest number of stocks on record, pushing US market concentration to an all-time high and prompting warnings about the “fragility” of the rally. The…
A fossil dating back 240 million years has finally been formally identified after spending decades hidden inside a retaining wall. Researchers from UNSW Sydney and the Australian Museum have now named and described the ancient amphibian, bringing new attention to an unusual discovery that began in the 1990s. The specimen was first uncovered by a…
Anthropic is teaming up with several large investment firms to create a venture that will help companies integrate artificial intelligence tools into their systems, the latest example of the deepening ties between Wall Street and the A.I. industry. The private equity firms Blackstone and Hellman & Friedman and the investment bank Goldman Sachs through its…
