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TODAY'S NEWS FLASH:
Texas Finally Draws First Blood in Its War Against Campus DEI Programs
Former Border Patrol Chief Has Zero Regrets About Cracking Down on Illegal Immigration
Trump Holds Washington Hostage Over SAVE Act as Midterm Clock Runs Down
Deadly Wildfire in Spanish Tourist Region Kills at Least Twelve
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Political Landscape
Trump Housing Secretary Says Immigration Crackdown Will Lower Costs
HUD Secretary Scott Turner cites Federal Reserve research showing unauthorized immigration raised housing prices, defending the administration's enforcement-first approach to affordability.
Trump Fires All Election Assistance Commission Members Four Months Before Midterms
President Trump terminated all three remaining members of the U.S. Election Assistance Commission, eliminating the only federal agency devoted to election administration just months before November's critical midterm elections.
Global Impact
Swedish Court Orders Google to Pay $1.5 Billion in Landmark Antitrust Ruling
Sweden's highest market court handed Google a historic blow, ordering the tech giant to pay approximately $1.5 billion to Klarna's PriceRunner in the country's largest-ever competition damages award for years of anticompetitive search practices.
IOC Lifts Russian Olympic Ban, Clears Path for 2028 Los Angeles Games
The International Olympic Committee ended a decade of restrictions over doping and Ukraine, provisionally lifting Russia's suspension and clearing Russian athletes to compete at the 2028 Los Angeles Olympics.
Economic Pulse
Eli Lilly Dominates Pharma Dealmaking with $25 Billion Acquisition Spree
Eli Lilly committed approximately $25 billion across ten acquisitions in the first half of 2026, accounting for more than half of Big Pharma's combined deal spending as the company reinvests its GLP-1 profits into aggressive expansion.
Fed Governor Waller Warns Inflation Is Primary Risk, Puts July Rate Hike on Table
Federal Reserve Governor Christopher Waller signaled a fundamental shift in Fed priorities, stating that inflation now poses a greater threat than labor market weakness as the July FOMC meeting approaches.
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Quick Takes
Veteran Actor Who Appeared in ‘Daredevil’ and ‘Iron Fist,’ Wai Ching Ho Dies at 83. The news was announced via her co-stars on Instagram, who paid tribute to the late actor, who was reported to have died of a stroke on July 10.
FIFA led 60,000 soccer fans in a moment of silence for South African player Jayden Adams during the World Cup quarterfinal following his shocking death at age 25.
Former reality star Josh Duggar was transferred to his fifth prison in five years following his 2021 child pornography conviction, now housed at FCI Elkton in Ohio.
Worth Checking Out
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