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Trump officials use incident at correspondents’ dinner to pitch case for $400m project, arguing it will be ‘safe space’US politics live – latest updatesThe US Department of J (DoJ) has used the weekend shooting in Washington DC to pressure a preservation group to drop a lawsuit seeking to halt the construction of Donald Trump’s White House ballroom.Several Trump administration officials, including the president, seized on the incident at the White House Correspondents’ Association dinner to advance their case for the completion of the controversial $400m project, for which the White House’s East Wing was suddenly demolished, arguing the new ballroom was needed as a “safe space”. Continue reading...

• Tesla's stock fell 3.2% on April 26 after the company reported first-quarter global deliveries of 389,000 vehicles, missing consensus expectations of 410,000 units and marking the weakest quarterly performance in two years. • Management attributed the shortfall to supply chain disruptions at the Berlin and Texas Gigafactories, as well as slower-than-anticipated demand in European and Chinese markets, particularly for the Model 3 and Model Y lineup. • The miss reignites concerns about Tesla's ability to sustain its 50% annual growth target and prompted three major brokerages to lower 2026 earnings forecasts by 8–12%, citing heightened competition from legacy automakers' EV offerings.

Industry analysts say fuel price surge could lead to canceled flight routes that could snarl travelers’ plansCalifornia’s jet fuel supply has dropped to a level not seen since 2023, as turmoil in the Middle East continues to squeeze the global oil market.As of 17 April, the state’s jet fuel stock was just over 2.6m barrels, in comparison to 3.2m barrels two years prior, according to the California energy commission (CEC), which publishes a refinery stocks data dashboard. Continue reading...

• The Department of Justice dropped its criminal investigation into Federal Reserve Chair Powell regarding the agency's building expenditures, marking a significant development in federal oversight. • The decision came amid broader discussions on Capitol Hill about federal accountability, with both Republican and Democratic representatives weighing in on the implications. • The outcome reflects shifting priorities in federal investigations and debates over Fed governance and spending practices.

• The Department of Justice has dropped its investigation into Federal Reserve Chair Jerome Powell, marking a significant policy shift. • The decision comes amid Trump's emergency economic orders, potentially easing tensions over Fed independence. • This move is viewed as stabilizing financial markets but criticized by conservatives seeking accountability on monetary policy.

US president accuses UK of thinking it can ‘make an easy buck’ from US tech companies, weeks after warning that UK–US trade deal can be changedDonald Trump has threatened to impose tariffs on the UK if it does not drop its digital services tax on US social media firms.The digital services tax, introduced in 2020, imposes a 2% levy on the revenues of several major US tech companies. Continue reading...