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A Fast Company newsletter commentary argues that tech companies' efforts to appease President Trump are becoming less central to their political strategy. It suggests that navigating a Democratic Party that now holds more power presents a bigger challenge for the industry going forward.
U.S. District Judge Tanya Chutkan issued a temporary restraining order blocking construction of Trump's planned memorial arch in Washington, D.C., just hours after the National Capital Planning Commission approved the project 8-4. The order came in response to a lawsuit from Virginia and D.C., which argued the arch would disrupt traffic patterns and emergency response coordination. Chutkan has ordered the administration to submit a compliance status report by Monday.
Amazon has greenlit a documentary series centered on Melania Trump, described in two parts as 'Family & Trust' and 'Pride & Honor,' following her transition into the role of First Lady. The synopsis outlines her efforts to balance personal loyalties with the responsibilities of the position, beginning immediately after an inauguration.
Drone delivery company Zipline has closed a new funding round that boosts its valuation, alongside an expanded delivery partnership with Walmart. Specific financial terms of the raise were not detailed in available reporting.
Donald Trump's official memecoin fell to an all-time low of $1.12 following the US midterm elections, down from $1.70 beforehand and roughly $2.00 a month earlier. The coin's market cap, which once peaked at $72 billion, has shrunk to around $340 million, leaving many of the nearly one million holders sitting on steep losses.
World Liberty Financial, the crypto venture linked to Donald Trump, said it will buy back its WLFI governance token after the price fell more than 60% this year, including a 10% drop since Democrats won control of Congress. The company has not detailed the size or timing of the buyback program.
A broad selloff in technology shares erased roughly $2.5 trillion in market capitalization, according to reports. Investors are reacting to expectations that an incoming Democratic-led government could impose stricter oversight on AI and tech firms than the current administration.
Voters are casting ballots today in midterm elections that will determine which party controls Congress for the remainder of President Trump's second term. The outcome is expected to influence not just political dynamics in Washington but also business conditions and financial markets.
Reps. Jamie Raskin and Robert Garcia sent a letter demanding the White House release President Trump's AI chatbot conversations, including reported sessions with Elon Musk's Grok about Nicolás Maduro's capture. The lawmakers argue these exchanges qualify as public records under the Presidential Records Act and say Trump consulted Grok rather than Congress before the Venezuela military operation.
Following a directive from the Trump administration discouraging use of the term 'artificial intelligence,' executives at major tech companies including Nvidia and Microsoft have been adjusting their language in public remarks, sometimes correcting themselves mid-sentence. The shift reflects an effort by firms to align their messaging with the administration's preferred terminology while still describing the same technology.
On Election Day 2025, the national average gas price reached $4.12 per gallon and diesel $6.28, the highest ever recorded for a US election, according to GasBuddy. The Strategic Petroleum Reserve has fallen to 282.2 million barrels, its lowest level in 44 years, as the Trump administration and congressional Republicans spent the past two years cutting EV incentives, halting charging infrastructure funding, and loosening fuel economy standards.
Voting concluded Tuesday in the 2026 midterms after record early turnout, with few reported problems despite a year of disputes over election administration. Trump's Justice and Homeland Security departments conducted operations targeting noncitizen voters, including arrests in California, and DOJ deployed a large poll-monitoring effort while also suing to block certification of Alaska's results if Democrats won the Senate race there. The administration said no armed federal officers would be stationed at polling places, though officials and Democratic groups had prepared for possible federal intervention.