Clean-energy advocates and a Minnesota city won a partial victory Monday when a federal court judge ruled that the Trump administration acted unlawfully when it canceled energy-related grants in blue states.
Why it matters: It's the latest example of the courts countering the administration's moves.
The big picture: The investigation ostensibly concerns the central bank's $2.5 billion renovation project, but functions as an unprecedented escalation of the president's effort to influence the central bank over interest rates.
A federal judge is allowing a major wind project to resume construction off Rhode Island's coast while the court battle over the Trump administration's recent stop-work order plays out.
Why it matters: The preliminary injunction is a win for the nearly complete Revolution Wind project, which would provide power to Rhode Island and Connecticut. The project is jointly owned by Ørsted and BlackRock's Global Infrastructure Partners.
Barbie is launching its first autistic doll, developed with the autism community and designed to reflect sensory and communication differences.
Why it matters: Toy giant Mattel is doubling down on inclusion as a growth strategy, using Barbie to reflect a wider range of real-world experiences — and keep the legacy brand relevant with modern parents.
Anthropic on Monday unveiled Cowork, a new AI product designed to handle everyday office work with the same autonomy as its Claude Code vibe coding tool.
Why it matters: AI companies are racing to sell agentic software that promises to simplify information work, even as data continues to show that companies are still struggling to see productivity benefits.
A perturbed Treasury Secretary Scott Bessent told President Trump late Sunday that the federal investigation into the Federal Reserve chair "made a mess" and could be bad for financial markets, two sources familiar with the call told Axios.
Why it matters: Bessent's worries about the financial fallout were somewhat realized Monday, when the dollar dropped as bond yields and the price of gold rose amid worries about political interference in the Fed.
Meta CEO Mark Zuckerberg on Monday said his company is establishing a new "top-level" initiative called Meta Compute that will see the tech giant building "tens of gigawatts" of AI infrastructure this decade.
Why it matters: The announcement, coming shortly after the firm named prominent banking executive and former Republican official Dina Powell McCormick as president, suggests Zuckerberg sees Meta's ability to build out AI infrastructure as a strategic long-term advantage over its Big Tech peers.
Some bells you can't unring.Some doors are one-way. The United States is about to find out whether the attempted criminal prosecution of its central banker is one of those.
The big picture: The news Sunday night that President Trump's Justice Department is conducting a criminal investigation into Federal Reserve chair Jerome Powell over his Congressional testimony on the Fed's building project is a remarkable escalation of the president's long-running feud with Powell over interest rate policy.
After numerous bid rejections, Paramount Skydance is officially waging a proxy fight against Warner Bros. Discovery's board.
Why it matters: Paramount has refused to increase the price of its offer for WBD, arguing its bid is financially superior to Netflix's. It's now become clear that it believes its best path to winning WBD is through legal pressure.
Aldi plans to open more than 180 new stores across 31 states in 2026, the company announced Monday.
Why it matters: As grocery inflation reshapes where Americans shop, America's fastest-growing grocery chain is betting its low-price model will resonate with cost-conscious shoppers.
Dina Powell McCormick, a prominent banking executive and former Republican official, is joining Meta full-time as president and vice chairman, reporting to CEO and founder Mark Zuckerberg, a spokesperson confirmed to Axios.
Why it matters: Powell McCormick's connections to the global finance community have put her at the center of dealmaking across industries that matter to Meta in the AI era, such as energy and tech infrastructure.
President Trump's huddle with oil executives and Energy Secretary Chris Wright's subsequent press blitz expose tensions running through the plans to boost Venezuelan output.
Why it matters: Controlling oil revenues and exports, and reviving its broken-down oilfields, are central White House goals after toppling Nicolás Maduro.
Lego's education unit on Monday announced a new kit designed to use its signature plastic bricks to help kids better understand the AI systems that will play a major role throughout their lives.
Why it matters: Lego's efforts to teach AI in classrooms come amid a broader, messy rollout of chatbots in schools.
The nation is splitting into three distinct economic realities: the Have-Nots (stalling) ... the Haves (coasting) ... and the Have-Lots (rocketing to greater wealth).
Why it matters: This isn't just about "inequality." It's about a structural shift where the growing number of hyperwealthy are profiting wildly off the AI revolution — through exclusive access to private deals, massive investment power, governmental connections, and equity stakes that "normal" investors can't touch.
President Trump wants to spend. He also wants, where possible, to avoid congressional interference and bigger deficits. Enter the balance sheet.
The big picture: The president is going through the couch cushions of government — $200 billion from Fannie Mae and Freddie Mac for mortgage bonds, $20 billion from a Treasury fund for Argentina — to advance his policy priorities.
Critics say it's nontraditional at best, and autocrat-adjacent at worst.
Miami Beach's Fisher Island (33109) was the priciest U.S. ZIP code in 2025, with a median sale price of $9.5 million, according to a PropertyShark analysis.
The big picture: Coastal communities continue to dominate the country's most expensive list, the real estate database found.
Allegiant on Sunday announced an agreement to buy Sun Country Airlines for around $1.5 billion in cash and stock.
Why it matters: It would be the first airline antitrust test for Trump 2.0, at a time when some discount carriers are struggling due to rising costs and increased competition from larger rivals.
