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Abbott to pay nearly $385 million to settle DOJ claims over contaminated infant formula

Abbott settles infant-formula claims for nearly $385M

Abbott’s nearly $385 million settlement resolves federal and state claims over contaminated infant formula that contributed to shortages and raised costs and stress for families.
U.S. More

Trump rejects new AI guardrails

His stance could speed AI and data-center buildouts over new safety rules, with consequences for jobs, cybersecurity and energy demand.
Axios More

10-year yield hits 5%; borrowing costs rise

The 10-year hitting 5% raises mortgage, auto and corporate borrowing costs — which can increase monthly payments and could slow business investment, affecting jobs and prices.
Axios More

UPDATE: Judge blocks new USPS mail‑ballot rule as Supreme Court mulls next step

A judge blocked a USPS mail‑ballot rule, affecting how millions of mail ballots could be handled weeks before the midterms; the Supreme Court may yet weigh in.
APMore

States and cities sue to block Trump public-charge rule

The rule may make it harder for some immigrants to get green cards, potentially affecting families, state budgets and employers.
Axios More

EPA set to roll back power-plant carbon limits

Repealing federal carbon limits could shift power-plant investment and grid planning, potentially affecting electricity costs and how utilities manage future generation.

Diesel sets a record; regular gas tops $4.31 a gallon

Record-high diesel raises shipping, farming and heating costs, which can push up grocery and goods prices for consumers.
APMore

Accenture to pay $25M to resolve False Claims Act hiring allegations

A $25 million settlement over False Claims Act claims about hiring and promotions signals tighter federal oversight of contractors, which could affect how companies bid, certify and staff government work.
U.S. More

Oil jumps after Gulf strikes and Saudi pipeline shutdown

Rising crude can tighten diesel and gas supplies, potentially raising fuel prices and adding pressure to inflation and borrowing costs for households and businesses.

Report: Putin-aligned oligarch funded Don Jr.’s Bahamas wedding

A Putin-aligned oligarch paid major costs for Don Jr.’s Bahamas wedding, raising conflict-of-interest and security questions about access to the Trump family that could affect oversight and policy.

Airman recounts rescue after F-15E was shot down over Iran

A rare first-person account of a high-risk U.S. combat rescue sheds light on the risks service members face and matters to military families and the public.

Macklemore dropped from Sheeran tour after onstage political remarks

Macklemore’s removal affects fans holding tickets for upcoming U.S. stadium shows and highlights how onstage political remarks can alter lineups and concert plans.
Axios More

Pentagon awards Elmet up to $2B to rebuild tungsten stockpile

A Pentagon IDIQ with a $2 billion ceiling and $150 million guaranteed means steady demand for U.S. tungsten mining and processing, affecting defense supply chains and long-term industry investment.

Amazon pauses 21 Air flights after fatal Miami cargo crash

Amazon suspended its partnership after a Miami cargo jet overshot the runway and killed five, raising safety and delivery concerns for e‑commerce shipping.

Kennedy Center could close; board ties rescue to restoring Trump’s name

Kennedy Center may run out of cash within weeks and could close as early as Tuesday; board links rescue to restoring President Trump’s name, risking canceled shows and staff layoffs.

White House accepts tougher ethics language to push crypto bill forward

New ethics limits could reshape the crypto market and set conflict‑of‑interest rules as senators prepare for a key vote.
AP More

Florida okays $240M for immigration; disaster fund forecasts $1.5B gap

Lawmakers approved $240 million for immigration bills while the state’s disaster fund faces a projected $1.5 billion shortfall, which could limit money available for hurricane response and recovery.
WUSF More

Trump says he may declassify records tied to alleged Saudi links to 9/11

He said he would consider releasing documents families long sought that they say could clarify any foreign role in the attacks.
AP More

Mahomes cleared to start for Chiefs vs. Broncos

Mahomes was cleared after major knee surgery; his availability could reshape Kansas City’s early-season outlook and the AFC race.

Supreme Court may weigh lobsterman’s challenge to 24/7 GPS mandate

If heard, the case could set limits on warrantless GPS tracking required by jobs, affecting worker privacy in regulated industries.
APMore
Earlier on PoliticalDad
Flash flooding disrupts Northeast travel — trains and flights hit7:59 AM Hearst
Powerball jackpot hits $251 million for Monday drawing7:59 AM Texas
Judge says DHS's plan to cut FEMA staff by half was unlawful5:59 AM LA Times
Texas rallies from 20 down to stun No. 1 Ohio State, 24‑235:59 AM NCAA.com
Trump downplays strict AI limits, points to race with China5:59 AM Gpb
Trump says he plans to remove 10% tariff on Irish whiskey5:59 AM The Journal
Nolan's The Odyssey becomes Universal's top‑grossing film ever5:59 AM Variety
Yesterday
Speaker: Trump's $5,000 'dividend' would need Congress's approval8:03 PM Axios
Pennsylvania coroner reports third measles‑related death in outbreak8:03 PM Wash. Post
Trump urges Zelensky to stop strikes on Russian diesel infrastructure1:53 PM AP
Anthropic CEO urges AI slowdown, says industry 'lied' about risks11:41 AM CBS News
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