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Tech companies rack up debt, risks to fund AI ambitions
Major technology companies are taking on massive amounts of debt to fund their lofty AI ambitions, casting a shadow over investors’ once endless well of enthusiasm for AI-related stocks and sending jitters through the market. Tech firms like Google, Meta, Microsoft and Amazon have committed hundreds of billions of dollars toward building infrastructure to power…
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Senate GOP scrambles for August exit strategy that doesn’t anger Trump
Senate Republicans are scrambling for a plan to exit Washington for a five-week August recess that won’t anger President Trump, who has demanded they stay in town for as long as necessary to pass a reconciliation blueprint and elements of the Safeguard American Voter Eligibility (SAVE America) Act. Both items have little chance of success….
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Republicans stand behind Trump on Iran even as unpopularity of conflict grows
Republicans are largely standing behind President Trump’s handling of the Iran conflict, even as the prolonged military campaign threatens to become a political liability for the GOP heading into November’s midterm elections. The conflict has stretched on for nearly six months, and multiple public opinion polls suggest the war is broadly unpopular with Americans, raising…
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Kids safety advocates seek age verification win as larger reforms stall
A Senate panel will take up a slate of kids online safety bills on Wednesday, in what age verification proponents see as a key hurdle for the controversial topic. The path forward for bills like the Kids Online Safety Act (KOSA) is rocky, but advocates of digital age verification are hopeful that one of the…
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Max Miller allegations force Trump, GOP into thorny spot
The domestic abuse allegations against Rep. Max Miller (R-Ohio) are forcing President Trump and Republicans into a difficult position ahead of the midterms as the party struggles to defend their congressional majorities. The president called the congressman on Monday to tell him his candidacy was on thin ice after earlier praising him publicly as “a…
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The Memo: Lincoln Pool furor reflects tensions of Trump’s second term
Sometimes small battles are emblematic of much bigger wars. So it is with the furor that centers on President Trump and the Reflecting Pool at the Lincoln Memorial. In a literal sense, the pool is anything but small. Roughly 2,030 feet long and a little less than 170 feet wide, it is said to hold…
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Democratic socialists turn to Hong in Wisconsin with hopes for next big win
State Rep. Francesca Hong’s (D) steady rise in the Wisconsin gubernatorial race is teeing up the biggest test yet for democratic socialists and the far left this election cycle. Hong has held a strong lead in the Democratic field ahead of Tuesday’s primary, while establishment Democrats, including Wisconsin Gov. Tony Evers, have rallied around Milwaukee…
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Ten-man Ukrainian drone unit wiped out entire British brigade in war games… now expert warns NATO is ‘a decade behind Russia on the battlefield’
A war-gaming exercise found that a ten-strong Ukrainian drone unit was able to destroy an entire British Army brigade, prompting a defence expert to warn that NATO forces remain roughly a decade behind Russia’s battlefield capabilities. The simulation highlights growing concern among Western military analysts that conventional heavy units, of the kind Britain and its…
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Trump administration has paid back 60% of $165bn in tariff refunds
The Trump administration has refunded around $100bn (£74bn) of the $165bn collected through tariffs later ruled illegal by the US supreme court, according to reports cited by the Financial Times. The refunds relate to Donald Trump’s “liberation day” tariffs, a central plank of his economic strategy since returning to office, which the supreme court partially…
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Taylor Sheridan’s ‘Landman’ Season 3 Is Officially Delayed
Taylor Sheridan’s oil-industry drama “Landman” has had its Season 3 production schedule pushed back, meaning fans will have to wait longer than expected for the show’s return. The Paramount+ series, one of the streamer’s biggest hits, was renewed for a third season in December 2025 after its second season concluded in January, and the delay…