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Trump declares: Trade war with China is already here + Cartels offer $50,000 bounties for ICE and CBP agents: DHS warning + Trump confirms CIA covert ops in Venezuela amid drug trafficking crackdownTrump authorizes covert CIA operations in Venezuela - major escalation
President Trump confirmed he has authorized the CIA to conduct covert operations in Venezuela aimed at disrupting drug trafficking and migrant flows. The White House said land strikes remain under consideration, marking a sharp escalation in US pressure on Maduro.
Number
100% - IMF warns global government debt will top 100% of world GDP by 2029.
Quote
"We will disarm them, maybe violently" — President Donald Trump
SPX 6,671 ↑ 0.40% Dow 46,253 ↓ 0.04% Nasdaq 22,670 ↑ 0.66% Gold 4,223 ↑ 0.50% BTC 110,777 ↓ 2.04%
24 Hours
Trump authorizes CIA covert operations in Venezuela - escalation
President Trump has authorized covert CIA activity in Venezuela, framing the move as part of a campaign against drug trafficking and illegal migration. The White House acknowledged details of the authorization and said more aggressive options, including land strikes, remain on the table.
Judge blocks Trump mass layoffs during government shutdown - temporary reprieve
Federal courts have temporarily halted the Trump administration's move to lay off thousands of federal employees during the ongoing shutdown. Judges cited legal and human-cost concerns while litigation proceeds, pausing mass firings across agencies.
OMB chief says federal firings will rise amid shutdown - thousands expected
White House officials warn that workforce reductions will grow as the shutdown continues, with OMB director Russell Vought predicting a sharp rise in federal firings. At the same time the president signed an order to ensure active duty troops receive pay during the funding lapse.
Supreme Court hears Voting Rights Act redistricting case - high stakes
The Supreme Court revisited a major Voting Rights Act redistricting case, with several conservative justices signaling skepticism about race-conscious districting. Legal experts warn a decision could curtail Section 2 protections and reshape congressional maps ahead of next year.
Pentagon reporters turn in badges and quit over new press rules
Dozens of Pentagon reporters returned press credentials and cleared out offices in protest after the Defense Department imposed new restrictions on reporting access. Journalists from major outlets say they refuse to sign the new pledge, prompting an unprecedented press exodus from the building.
Defense chief plane makes emergency landing in UK - cracked windshield
A plane carrying Defense Secretary Pete Hegseth made an unscheduled landing in the United Kingdom after a windshield cracked mid flight. Pentagon officials confirmed the emergency diversion and said all aboard were safe.
Hamas returns wrong hostage testing fragile Gaza ceasefire
The fragile Gaza ceasefire came under strain as Hamas returned hostages and bodies amid disputes over identities and the pace of returns. Israeli officials said at least one repatriated body did not match any known hostage, raising tensions over the deal's next phases.
Hamas fighters execute Palestinians they accuse of collaborating with Israel
Footage and reports show Hamas fighters executing Palestinians accused of collaboration as the group moves to reassert control in Gaza. U.S. military commanders have publicly urged Hamas to stop executions, while Gaza medics report signs of torture on returned bodies.
US adviser says planning underway for international force in Gaza - basic stabilization
U.S. officials are planning for stabilization in Gaza, including proposals for an international force and safe zones to protect civilians. Israel warned the Gaza deal could stall if Hamas does not cooperate in recovering bodies and facilitating humanitarian steps.
Tomahawk missiles for Ukraine should be on the table - analysts say
Officials and analysts are weighing long range strike options for Ukraine, including Tomahawk missiles, as NATO partners debate funding for U.S. weapons. Germany announced a new multibillion aid package as Kyiv presses for more firepower next year.
Trump says US is already in a trade war with China - no waiting
Trade tensions with China widened after Beijing tightened rare earth export controls, prompting President Trump to declare a trade war is already underway. The shifts are reordering auto supply chains and prompting manufacturers to move production to the U.S.
Trump floats $40bn support for Argentina as bailout talks expand
The Trump administration is assembling a large package of support for Argentina, including public and private financing, after President Javier Milei's economic crisis. The move has drawn bipartisan attention and concern from U.S. farmers and critics over cost and terms.
IMF warns global government debt will top 100 percent of GDP by 2029
The IMF issued a stark warning about soaring global government debt, predicting public debt could top 100 percent of world GDP by 2029. At home the Federal Reserve's Beige Book signaled stable jobs but weakening spending, raising economic risks ahead.
DHS warns cartels offering bounties up to $50,000 for hits on ICE and CBP agents
U.S. officials warned that Mexican cartels have offered tiered bounties for attacks on immigration agents, including payments up to $50,000. The revelation raises security concerns as federal enforcement operations have sparked clashes in U.S. cities.
LA County declares state of emergency over federal immigration enforcement
Los Angeles County declared a local state of emergency to protect immigrant communities from federal immigration enforcement actions. County leaders said the proclamation aligns resources to support affected residents and pushed back against federal tactics.
Federal government to withhold $40M from California over trucker English rule
The Transportation Department moved to withhold roughly $40 million from California over the state's refusal to enforce English proficiency rules for truck drivers. Federal officials said the action penalizes noncompliance with safety regulations.
Suspect in Palisades fire indicted on federal charges - faces 45 years
Authorities announced federal indictments in the Palisades fire that caused wide destruction, charging a suspect with crimes that could carry decades in prison. Prosecutors added new counts as investigations continue into the deadly blaze.
NTSB finds faulty engineering caused Titan submersible implosion
The NTSB concluded that faulty engineering and lax safety led to the implosion of the Titan submersible bound for the Titanic wreck, which killed five people. Investigators faulted the company for inadequate testing and safety protocols.
Landslides and flooding cut off 300 Mexican communities - dozens dead and missing
Landslides and flash floods from torrential rains devastated central Mexico, isolating hundreds of communities and leaving dozens dead or missing. Local officials pleaded for urgent aid as rescue teams struggled to reach cut off towns.
Alaska villages devastated after Typhoon Halong remnants leave thousands homeless
Remnants of Typhoon Halong tore through western Alaska, destroying villages, displacing more than 1,500 residents and killing at least one person. State officials warned of long recovery needs as communities grapple with extensive damage.
Pakistan and Afghanistan agree to 48 hour ceasefire after deadly clashes
Pakistan and Taliban-run Afghanistan agreed to a temporary ceasefire after days of deadly border clashes that marked the worst violence between the neighbors in years. Diplomatic notes said the truce aims to halt further escalation while talks proceed.
Apple AI executive departs for Meta - talent shift in tech sector
Tech talent and AI policy shifts continued as an Apple AI executive departed for Meta while OpenAI faced backlash over plans to relax content restrictions. Major investors led a multibillion push to expand data center capacity for AI workloads.
Trump and FBI give update on nationwide crime crackdown - new figures
President Trump and FBI officials updated the public on a national crime crackdown, touting arrests under Operation Summer Heat. Officials highlighted seizure figures and argued the program produced significant reductions in violent crime.
CISA issues emergency order to patch critical federal vulnerabilities
Federal cybersecurity authorities issued an emergency order requiring agencies to patch critical vulnerabilities after a wave of attacks that left major vendors exposed. A separate nation-state intrusion against F5 networks imperiled thousands of customers, while the Secret Service intercepted hundreds of payment skimmers in New York.