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The great modern train robbery: Thieves steal $200 million a year

More than 75,000 thefts on US freight networks last year pushed freight railroad companies to pour millions into fencing and AI cameras

By Bloomberg and Kiel PorterAugust 17, 2026

BBC asks U.S. court to help get testimony from Ivanka Trump, Jared Kushner and Don Jr., saying they have ‘personal knowledge’ on defamation claims

The allegations center on the way a 2024 documentary edited a speech Trump gave on Jan. 6, 2021, before protesters attacked the Capitol in Washington.

By Sylvia Hui and The Associated PressAugust 16, 2026

Trump administration tells Supreme Court that ballroom construction must go on despite order to stop, citing recent missile threat on Air Force One

The solicitor general called it an “integrated military complex, including a totally secure ballroom space, at the East Wing of the White House, which is vitally required by national security.”

By Michael Kunzelman, Lindsay Whitehurst and The Associated PressAugust 15, 2026

‘I’ll never apologize’ — Trump brushes off Iran war’s impact on oil prices and calls aircraft carrier’s 240+ days at sea ‘not nearly long enough’

Trump acknowledged that he’s used the U.S. military “a little bit more than I wanted to,” while asserting anew that the U.S. operation against Iran is going well.

By Konstantin Toropin, Aamer Madhani and The Associated PressAugust 15, 2026

More in Politics

57 Trump officials are worth $100 million or more—quadruple the combined total of the last three presidents

The tally comes as only 32% of Americans approve of Trump’s handling of the economy, down from 40%

By The Associated Press and Thomas BeaumontAugust 17, 2026

U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oil

“We should be highly concerned about the integrity of the caverns anytime crude inventories drop below 300 million barrels,” one petroleum engineering professor warned.

By Sasha RogelbergAugust 17, 2026

Trump pivoted from bombs to an economic war against Iran. But Tehran is now ‘fully offensive’ and doesn’t think the real fighting has even started yet

Unless the U.S. implements the June ceasefire deal in a few weeks, Iran will launch a “timely and precise” attack to break the blockade, an Iranian official told Reuters.

By Jason MaAugust 17, 2026

China, the EU, and Singapore are pushing back against the White House’s new ‘Great Transshipment Scam’ report

The White House claimed last week that the rerouting of Chinese goods cost the U.S. as much as $303 billion.

By Angelica AngAugust 17, 2026