Judge continues to block Justice Department’s $1.8 billion “anti-weaponization” fund

Alexandria, Virginia — A federal judge on Friday continued to block the Justice Department’s nearly $1.8 billion “anti-weaponization” fund, expressing skepticism with the Trump administration’s claims that the controversial program is not moving forward. U.S. District Judge Leonie Brinkema granted a preliminary injunction that indefinitely prevents the Trump administration from creating or operating the controversial fund. … Read more

SpaceX set to begin trading after raising $75 billion in record IPO

SpaceX is set to begin trading Friday after completing the largest initial public offering in history, marking the long-awaited Wall Street debut of Elon Musk’s rocket and satellite company. SpaceX on Thursday priced its shares at $135 each, raising $75 billion to finance its ambitious plans, which include establishing a human colony on Mars and … Read more

Data center opponents have blocked or delayed projects worth nearly $130 billion in 2026, study finds

The first quarter of 2026 produced the most blocked and delayed data center projects on record, according to a new study shared with NBC News. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The study — conducted by Data Center Watch, a project of the AI intelligence firm … Read more

Trump’s push for $350 billion ‘arsenal of freedom’ hits GOP skepticism

NEWYou can now listen to Fox News articles! President Donald Trump wants Congress to supercharge military funding and pass stalled voter ID and citizenship verification legislation in one fell swoop, but many Republicans aren’t sold on the plan.  Trump on Wednesday called on congressional Republicans to steer around Democrats’ opposition again and “immediately” pass a … Read more

Blanche is set to return to Capitol Hill as Trump reconsiders plans for his $1.8 billion fund

WASHINGTON — WASHINGTON (AP) — Acting Attorney General Todd Blanche is set to return to Capitol Hill on Tuesday after the Trump administration signaled it was pausing contentious plans to move forward with a nearly $1.8 billion fund that could compensate allies of President Donald Trump who believe they have been unjustly investigated and prosecuted. … Read more

Republican senators want more answers on $1.8 billion settlement fund as Trump considers its future

WASHINGTON — Senate Republicans will meet Tuesday to discuss next steps after the Justice Department said it would comply with a court order pausing the implementation of a $1.776 billion settlement fund designed to compensate President Donald Trump’s political allies. GOP senators who revolted against the settlement before leaving for a Memorial Day recess two … Read more

Trump administration appears to back off $1.8 billion ‘anti-weaponization’ fund after rare GOP backlash

WASHINGTON — The Trump administration signaled Monday it is backing off on the creation of a $1.8 billion fund announced by the Justice Department that could send money to allies of President Donald Trump deemed to be “victims of lawfare and weaponization.” Subscribe to read this story ad-free Get unlimited access to ad-free articles and … Read more

Justice Department says it will stop work on $1.8 billion “anti-weaponization fund” after judge’s ruling

Washington — The Justice Department said Monday that it will stop work on the $1.8 billion “anti-weaponization” fund following a district judge’s decision temporarily blocking the program. The move comes after the plan earned intense pushback from Republicans in Congress, which threatened to imperil the GOP agenda on Capitol Hill. The Justice Department said on … Read more

Barry Diller’s People Inc. offers to buy MGM Resorts, valuing it at $18 billion

Barry Diller’s People Inc. is offering to buy the rest of MGM Resorts after acquiring a 26.1% stake in the Las Vegas casino and resort operator, valuing the business at more than $18 billion.  People Inc., formerly known as IAC and owner of publications including People magazine, began investing in MGM Resorts about six years … Read more