Judge says Trump IRS lawsuit was filed for improper purpose, refers lawyer for possible discipline
WASHINGTON (AP) — President Donald Trump's lawsuit against the Internal Revenue Service over his leaked tax returns was filed for an “improper purpose,” a judge said Monday in a scathing decision that referred one of his lawyers for potential disciplinary action and characterized the $10 billion complaint as an exercise in self-dealing. U. S. District Judge Kathleen Williams accused Trump and his lawyers of having manipulated the court system when he sued a federal agency under his a in...
Read MoreMon, 13 Jul 2026
- Judge says Trump IRS lawsuit was filed for improper purpose, refers lawyer for possible discipline
- 12 states challenge Paramounts takeover of Warner Bros, say merger would extinguish competition
- Oil prices rise following the latest fighting in the Middle East, as AI stocks sink
- Regulators issue new guidance on bank lending risk tied to borrowers living illegally in US
- EU chief weighs age restrictions for children using social media
- Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
Sun, 12 Jul 2026
- Keystone Pipeline systems operator agrees to pay a $26.9M penalty over a major Kansas oil spill
- Disneys live-action Moana crashes to shore with an underwhelming splash at the box office
- Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs
- Focus turns to building stronger institutions in Africa to speed shift to renewable energy
Sat, 11 Jul 2026
- Amid criticism, Meta reins in new AI tool that automatically accessed public Instagram images
- America In Focus: Fed officials divided on US inflation views; US home prices hit all-time high
- Major German carmakers hit by steep China sales plunge as competition heats up
- As gas plants rise to power AI, renewable energy allies are fighting for cleaner alternatives
Fri, 10 Jul 2026
- New York Times accuses agency of political retaliation in countersuit over discrimination case
- Global oil demand is dropping, but US drivers keep buying more gas
- SK Hynix rises nearly 13% in debut on Wall Street as demand for memory chips soars amid AI frenzy
- Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets
- US stocks rise as Wall Street shows its still hungry for AI winners
- Trump will let bipartisan housing bill become law without signing in protest over GOP voter ID law
- China blocks exports of helium, key for chipmaking, as Iran war squeezes supply
- Volkswagen sales plunge as German automaker lays out plan to slash number of brands
- EU demands Facebook and Instagram dismantle design features it calls addictive for users
- New York construction scare highlights the challenges of converting offices into housing
- A shoe factory fire that killed 28 highlights Chinas persisting worker safety risks
- Africa secures $900 million in new clean cooking commitments
Thu, 09 Jul 2026
- Stocks recover losses, and oil prices ease as calm returns to financial markets worldwide
- Andreessen, Chetty among leaders of Feds new task forces evaluating operations
- News outlets urge a judge to sanction OpenAI in a high-stakes AI copyright fight
- Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers borrowing costs
- AI notetakers promise easy meeting recaps, but some professionals question their use
- US home prices hit an all-time high as sales slow and mortgage rates rise
- US jobless claims dip modestly to 215,000 last week as layoffs remain at historically healthy levels
- PepsiCo says economic concerns weighed on customers in North American during recent quarter
- Chinas passenger car exports are up 80% in June as EV demand grows, while sales drop at home
- Australia agrees to sell uranium to India, ending a long stalemate
Wed, 08 Jul 2026
- John Deere owners will get the right to repair their own equipment under a new FTC settlement
- Meta plans billions for first AI data center in Canada, largest outside the US
- Oil prices rise, and stocks drop worldwide after Trump says ceasefire with Iran is over
- The tenuous state of a US-Iran ceasefire renews anxiety over high fuel prices
- Fed minutes: Officials deeply divided over future path of US inflation
- Polymarket is in a high-stakes race to win back trust as it recommits to the US market
- Specialty farmers adapt harvests, protect crops in face of extreme heat
- IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI
- The best used sedans for under $15,000, according to Edmunds
- US launches new strikes on Iran, revokes oil sales permit after 3 ships attacked in Strait of Hormuz
- Judge dismisses Prince Harrys privacy invasion lawsuit against publisher of Daily Mail
- US airlines monthly fuel spending topped $6 billion again in May, up 84% from year ago
Tue, 07 Jul 2026
- South Korean law targeting fake news takes effect as journalist groups raise concerns
- AI stocks sink and drag markets lower worldwide
- Wall Street banks are sky-high about SpaceX, but investors remain cautious
- Whats offside? And all your other World Cup questions, answered
- US airlines are redesigning travel around their highest-paying passengers
- How to tackle estate planning basics in 6 steps
- Louis Vuitton court victory against Chinese tea chain stirs up a debate over copyrights
Mon, 06 Jul 2026
- Ex-civil rights agency commissioner fired by Trump drops lawsuit in wake of Supreme Court ruling
- Trump says Walmart cut prices at his request, but Walmart statement omits administrations role
- Rebounding AI stocks send the SP 500 within 1% of its record
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