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At the Republican Party's first-ever midterm convention in Dallas, President Trump used a nearly two-hour keynote to promise every adult American citizen a $5,000 "dividend" — but only if the GOP holds both the House and Senate in November. The one string attached: the money must be spent inside the United States. Estimates put the price tag north of $1 trillion, and tonight Trump and Vice President Vance close out night two.
The Supreme Court issued a brief, unsigned order halting a federal district judge's ruling that had restored Missouri's Trump-backed 2025 congressional map, sending the state back to its 2022 lines. The 2025 map would have given Republicans a 7-1 edge; the old one gives them 6-2. With dueling state and federal rulings flying in opposite directions, Missouri's November ballot is now a genuine legal mess.
Initial unemployment claims fell by 1,000 to 206,000 for the week ending September 5, holding inside the tight 189,000-to-212,000 band they've occupied since July. But producer price inflation ran at 5.4% in August, keeping pressure squarely on the Fed even as August payrolls blew past forecasts with 162,000 jobs added and unemployment steady at 4.1%.
Federal investigators released cockpit audio showing one pilot of the Amazon cargo jet that went down in Miami last weekend repeatedly told the other the aircraft was "too fast" — during final approach and again after touchdown. Five people on the ground were killed. The NTSB's preliminary work is now focused on that final approach speed.
CENTCOM destroyed the Iranian tankers Kaviz, Charminar, Horizon 1 and Riesco in the Gulf of Oman plus the Derya near Kharg Island, after IRGC attempts on US Navy warships. Iran's Revolutionary Guard claims it struck ten vessels in retaliation, and Trump says Tehran has "very little country left." He predicts Operation Epic Fury ends right after the midterms.
Ukrainian drones struck Novy Urengoy, sparking a fire in Russia's premier natural-gas region roughly 1,740 miles from the Ukrainian border — the deepest confirmed strike of the war. Germany is sending PAC-2 Patriot interceptors from national stocks. Trump says he just spoke with Putin and believes both sides may finally be ready to negotiate.
Supertanker earnings on the Middle East-to-China run hit a record $759,969 per day this month, and a single US Gulf Coast-to-China crude voyage now runs $29.5 million. Traffic through the Strait of Hormuz has collapsed to about six commodity vessels a day, down from roughly 125 before the war. Brent crossed $100 a barrel Wednesday for the first time since July.
NASA and SpaceX delivered dozens of fresh investigations to the space station, including a portable ultrasound unit and a joint experiment with the NIH's National Center for Advancing Translational Sciences aimed at kidney disease therapies — prompted by astronauts' documented tendency toward kidney stones in orbit. Another payload works on cotton varieties needing less water and fewer pesticides.
HHS Secretary Robert F. Kennedy Jr. named four new top FDA leaders: Karim Mikhail over biologics, Michael Davis over drug evaluation, Bret Koplow over tobacco products, and Jared Seehafer as the agency's first-ever deputy commissioner for technology. Those four desks control vaccine approvals, new drug clearances, and tobacco policy for the country.
The driveway at Nicolas Cage's beachfront Malibu mansion collapsed Tuesday morning, leaving a massive hole gaping in front of the house and damaging the property. Nobody was hurt. Of all the actors this could happen to, the universe picked the one who has starred in roughly four movies about the ground opening up.
