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House Democrats Investigate Energy Fuels for Alleged Insider Trading Before National Monument Reduction

House Democrats Investigate Energy Fuels for Alleged Insider Trading Before National Monument Reduction

House Democrats have launched an investigation into the mining company Energy Fuels following allegations of insider trading. The inquiry focuses on the company's CEO, Ross Bhappu, and chairman, Bruce Hansen, who reportedly purchased thousands of company shares just days before President Trump significantly reduced the size of the Bears Ears National Monument in southeastern Utah. Energy Fuels operates the White Mesa Mill, the last conventional uranium processing site in the U.S., which was located near the monument's boundary. President Trump's decision to slash the monument by 90 percent effectively made the land available for mining. On July 7, 2026, CEO Ross Bhappu made the largest insider purchase in the company's history, acquiring 74,000 shares, increasing his ownership to 41 percent. Chairman Bruce Hansen bought 4,000 shares the following day. Less than a week later, 1.24 million acres were removed from Bears Ears National Monument. The company has stated it is unaware of any wrongdoing and rejects...
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The Latest: Trump orders Pentagon to scale back joint exercises with South Korea

The Latest: Trump orders Pentagon to scale back joint exercises with South Korea

President Donald Trump is scaling back joint exercises with South Korea as his war against Iran stretches the limits of the U.S. military
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Dollar slips to lowest since early June as rate hike bets fade

Dollar slips to lowest since early June as rate hike bets fade

By Niket Nishant and Gregor Stuart Hunter Aug 17 (Reuters) - The dollar fell to its lowest level in more than two months on Monday as traders trimmed U.S. rate hike bets against the backdrop of a run of softer economic data, leaving the euro at two-month highs and the battered yen on stronger ground
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President Trump's Legal Team Dwindles to One Lawyer Amid Multiple Appeals

President Trump's Legal Team Dwindles to One Lawyer Amid Multiple Appeals

President Donald Trump's legal team, initially composed of five partners from the prestigious firm Sullivan & Cromwell, has reportedly shrunk to a single lawyer, Robert Giuffra Jr., as he prepares to navigate three significant appeals. According to Politico, four of the five partners who were part of the team assembled to represent President Trump in his appeal against the hush money conviction have since left the firm. These departures include partners who were appointed to roles within the Trump administration or the judiciary, such as Jamie McDonald becoming Manhattan U.S. attorney and Matthew Schwartz being nominated to the Second Circuit Court of Appeals, while others transitioned to rival law firms. By April, Giuffra was the sole remaining partner tasked with handling President Trump's appeals in the hush money criminal case, the E. Jean Carroll defamation case, and the New York Attorney General Letitia James' civil fraud judgment.
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European shares tick higher as easing Fed hike bets lift gold

European shares tick higher as easing Fed hike bets lift gold

By Tharuniyaa Lakshmi Aug 17 (Reuters) - European shares inched up on Monday, led by basic resources stocks as gold prices advanced, while easing expectations of a Federal Reserve rate hike supported sentiment.  The pan-European STOXX 600 was up 0.1% at 658.51 points, as of 0823 GMT.
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Oil rises on Iran war stalemate; near-term potential for further gains seen limited

Oil rises on Iran war stalemate; near-term potential for further gains seen limited

By Anushree Mukherjee Aug 17 (Reuters) - Oil prices rose on Monday on a lack of progress in diplomatic efforts to resolve the Middle East conflict, though the absence of major supply outages limited gains.
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Nasdaq futures gain as tech stocks climb

Nasdaq futures gain as tech stocks climb

Aug 17 (Reuters) - Nasdaq and S&P 500 futures rose on Monday, boosted as a strong revenue forecast from AI leader Anthropic supported technology stocks, while investors weighed the prospect of fewer interest-rate hikes against Middle East tensions.
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Asian shares mark time as Gulf war keeps oil prices up

Asian shares mark time as Gulf war keeps oil prices up

By Stella Qiu SYDNEY, Aug 17 (Reuters) - Asian shares drifted sideways on Monday while investors kept a wary eye on oil prices, which notched sizeable gains last week as the lack of progress towards ending the Iran war kept inflation risks tilted to the upside.
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Yen stronger as traders cut back bets on Fed rate hike

Yen stronger as traders cut back bets on Fed rate hike

By Gregor Stuart Hunter SINGAPORE, Aug 17 (Reuters) - The yen gained momentum against the dollar, largely shrugging off weaker-than-expected Japanese GDP data as traders reined in expectations the Federal Reserve could raise interest rates this year.
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Consumers May Receive Refunds for President Trump-Era Tariffs Following Supreme Court Ruling

Consumers May Receive Refunds for President Trump-Era Tariffs Following Supreme Court Ruling

Following a Supreme Court decision, the U.S. Customs and Border Protection (CBP) agency is issuing refunds for International Emergency Economic Powers Act (IEEPA) tariffs imposed during President Trump's administration. Over $100 billion in these tariffs has already been refunded to businesses, representing about 60% of the total owed to importers. While CBP directly refunds the 'importer of record,' these businesses are not legally obligated to pass the money on to consumers. However, some major shipping carriers, including UPS, FedEx, and DHL, have committed to issuing refunds to customers who originally paid these duties, establishing refund portals or automatic processes. Amazon has also indicated it will proactively contact affected customers and issue automatic refunds in cases where specific import charges can be traced. Despite these efforts, experts suggest consumers are likely to recoup only a small fraction of the estimated $1,000 in additional import duties households paid.
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DNC Chairman Ken Martin Pleads for Increased Financial Support Ahead of Midterm Elections

DNC Chairman Ken Martin Pleads for Increased Financial Support Ahead of Midterm Elections

Democratic National Committee (DNC) Chairman Ken Martin has issued a plea for more financial assistance from allies, emphasizing the need to boost fundraising efforts in the final months leading up to the November midterm elections. Speaking at an executive committee meeting, Martin acknowledged the DNC's record fundraising achievements, stating it has raised more money than any other DNC without the White House in its team in its 198-year history. However, he stressed that despite these efforts, the DNC and other Democratic committees (DCCC, DSCC, DGA, DLCC) have been outraised by their Republican counterparts. Martin attributed the Republican financial advantage partly to President Trump's administration, which he claimed has "auctioned off the federal government" and filled its "war chest" through corporate contributions. President Trump's super PAC, MAGA Inc., reportedly holds a substantial $400 million war chest.
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Trump crypto firm backs venture offering AI from restricted Chinese companies

Trump crypto firm backs venture offering AI from restricted Chinese companies

By Lawrence Delevingne BOSTON, Aug 17 (Reuters) - President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial-intelligence models developed by Chinese companies the U.S. administration has flagged for national security concerns.