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President Trump signed an executive order Friday establishing the U.S. Space Academy, a West Point-style institution to train cadets for the Space Force, NASA, and the commercial spaceflight sector. The site hasn't been picked yet. Trump also awarded the Congressional Space Medal of Honor to all four Artemis II crew members — Reid Wiseman, Victor Glover, Christina Koch, and Canada's Jeremy Hansen.
New Fed Chairman Kevin Warsh used his first Jackson Hole speech to say inflation is running too hot across both CPI and the Fed's preferred PCE gauge, and that the central bank isn't done fighting for price stability. That puts him at odds with the President's push for lower rates. Markets closed mixed; Treasury yields moved sharply higher.
ICE arrested the British commentator Thursday at New Orleans' Louis Armstrong International Airport and held him in Alexandria, Louisiana, a major removal hub. DHS says he entered legally in May 2019 and overstayed; an immigration judge issued a final removal order on July 22 after he skipped his hearing. He was flown to the United Kingdom one day later.
A new report says the crew aboard the President's helicopter made repeated attempts to alert Reagan National Airport before flying near a commercial passenger jet — and those calls didn't get through. The near-miss is now the subject of a federal review of airspace coordination around the capital.
Moscow warned of "catastrophic consequences" and floated direct strikes on British military assets over London's continued support for Ukraine. It's among the sharpest rhetorical escalations aimed at a NATO member in months, coming days after CIA Director John Ratcliffe made a surprise Moscow visit warning Russia off NATO territory.
Mudslides and catastrophic flooding along the Nepal-Tibet frontier have killed more than 676 people, with close to 3,000 still unaccounted for. Washed-out roads and collapsed bridges have cut off entire valleys, and rescue crews are still trying to reach remote villages.
Operation Epic Fury reached the six-month mark Friday with tensions still high over attacks on commercial shipping in the Strait of Hormuz. Oil dipped to a two-week low after Iran and Oman raised the possibility of a temporary shipping corridor, though no deal has been signed and the US has committed to keeping Tehran sanctions in place.
Tennessine — element 117 — was forged by bombarding a radioactive berkelium target with a beam of rare calcium isotopes, a brutally difficult "hot fusion" process. Researchers say it's a stepping stone toward the theorized island of stability, where superheavy atoms might finally stop decaying in milliseconds.
Tech firms are lobbying hard against a proposed round of tariffs on imported semiconductors, arguing the cost would land squarely on domestic chip supply chains. The administration counters that reshoring fabrication is a national security matter, not a price question.
Days after the beloved icon's death, Governor Bill Lee and Nashville airport officials announced a proposal to rename Nashville International after Dolly Parton. The push followed a Change.org petition that gathered more than 155,000 signatures in a matter of days.
