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The White House / @WhiteHouse
08/03/2026 12:25:08
Truth Social: 117032505062804164
THE GOLDEN AGE of American Innovation in science and technology.
From the nation that cured polio, placed men on the moon, decoded the human genome and launched the digital revolution, this era of scientific innovation is crucial for America's next generation and beyond. 🇺🇸
Whitehouse.gov/science
https://truthsocial.com/@WhiteHouse/posts/117032505062804164
Donald J. Trump / @realDonaldTrump 08/03/2026 12:51:03
Truth Social: 117032607018876906
https://truthsocial.com/@realDonaldTrump/posts/117032607018876906
Newsweek: TRUMP WAS RIGHT
Six months later - and after a natural disaster no one planned for - the skeptics who predicted chaos were wrong
Stocks rally as easing Middle East tensions push oil prices lower
Falling crude prices provided a boost to U.S. markets, easing inflation worries for airlines and heavy fuel consumers
By Christina Park
Published: August 3, 2026 12:49pm
Oil prices eased Monday as President Donald Trump announced that he was holding off on new military strikes against Iran, calming Wall Street’s concerns that inflation could get worse.
U.S. stock indexes are climbing as a result, despite significant market volatility beneath the surface.
The S&P 500 rose 1% after a volatile month in July, where it oscillated as oil prices rose due to the war with Iran, and investors questioned whether Big Tech’s investments in AI would actually generate profits and whether chipmaker stocks climbed too high due to AI euphoria.
The Dow Jones Industrial Average went up 711 points, or 1.4%, as of 10:15 a.m. Eastern time, while the Nasdaq composite rose by 1.2%.
The sharpest movement occurred in the oil market, with the price of a barrel of Brent crude falling 5.4% to $83.70 a barrel. Last month, the price of Brent crude swung between $72 and $102 as concerns grew about whether the war with Iran would allow oil tankers to leave the Persian Gulf to transport oil to customers across the globe.
Treasury yields also fell in the bond market, with the yield on the 10-year Treasury falling from 4.75% to 4.68%, although this is still above the 3.97% level from before the Iran War began.
Because Treasury yields jumped during the war with Iran, higher borrowing costs for households and businesses were threatening to drag down stock prices and slow the economy.
The drop in oil prices on Monday helped drive up stocks for airlines and heavy fuel consumers, with United Airlines shares climbing 6.7%, while American Airlines rose 6.4%.
Tyson Foods rose 1.8% after reporting a stronger profit for the spring than analysts predicted. It joins a growing list of major U.S. companies beating profit estimates, which is critical for Wall Street as stock prices tend to follow corporate earnings trends over the long term.
Companies in the S&P 500 are set to deliver earnings per share in the spring quarter 47% higher than the previous year, according to Factset, with 61% of companies already having reported their actual results. That would make the strongest growth since spring 2021, when the economy was coming out of the COVID-19 pandemic.
On the flip side, computer chip manufacturers saw losses on Monday, with stocks continuing to fluctuate sharply over concerns about whether AI boom revenues can last. If AI produces less profit and productivity than expected, Big Tech companies could limit their spending on data centers that have helped chip stocks soar.
Micron Technology fell 3.2% Monday, but its stock is still up about 180% for the year. The fluctuations for AI stocks have been most evidently reflected in South Korea, where its Kospi index is dominated by two tech companies, Samsung Electronics and SK Hynix.
Seoul’s Kospi fell 5.1% Monday, in contrast to Friday’s surge of 17.9%, which was the biggest gain in a single day in the index’s history.
In Japan, the country's neighbor, Tokyo’s Nikkei 225 fell 0.9% following the U.S. Treasury's assistance in buying Japanese yen to stop the currency from hitting 40-year lows. While a stronger yen could help curb inflation in Japan, it could also hurt exporters in Japan, The Associated Press reported.
https://justthenews.com/politics-policy/finance/stocks-rally-easing-middle-east-tensions-push-oil-prices-lower
Maryland Democrats begin redistricting special session
The session is likely to address a constitutional amendment that would allow a redrawn map to survive judicial scrutiny.
By Ben Whedon
Published: August 3, 2026 12:50pm
Maryland Democrats on Monday began a special session to redraw its congressional district maps, marking the latest state to move toward a redraw mid-decade.
Maryland currently has only one Republican member of Congress and a redraw is expected to eliminate that district, Politico reported. Notably, no redrawn map from this session would take effect before the 2028 elections, meaning Rep. Andy Harris, R-Md., is likely safe for the short-term.
The session is likely to address a constitutional amendment that would allow a redrawn map to survive judicial scrutiny. That move comes after the state Supreme Court previously struck down a map in 2022 and the Virginia Supreme Court blocked a redraw earlier this year.
At President Donald Trump's urging, many Republican-led states redrew their congressional maps to favor Republicans for the midterms, prompting several Democratic states to attempt to fight back, though only California managed to impose its revised slates in time for the midterms.
https://justthenews.com/politics-policy/maryland-democrats-begin-redistricting-special-session
DHS touts deportation of gang members as ICE roundups intensify
The roundup comes as ICE detentions reached a new monthly high of 46,000 in June alone.
By Ben Whedon
Published: August 3, 2026 1:06pm
The Department of Homeland Security on Monday revealed that Immigration and Customs Enforcement (ICE) last week had deported a litany of illegal alien gang members from multiple criminal organizations.
Under the Trump administration, ICE and DHS have pursued a mass deportation campaign to make good on the president's campaign pledge to deport as many as 20 million illegal aliens. DHS has prioritized the "worst of the worst" aliens with criminal records in that endeavor.
The roundup comes as ICE detentions reached a new monthly high of 46,000 in June alone.
“Every day, the brave men and women of ICE are arresting and removing dangerous criminal illegal aliens, including gang members, from our country,” a DHS spokesperson said. “Last week alone, ICE deported murderers, sexual assailants, burglars, and drunk drivers. Under President Trump and Secretary Mullin, the safety of the American people will always come first. It’s no wonder crime rates have reached record lows, including the murder rate projected to fall to a 126-year low!”
Topping the latest roundup was Josue Isaias Cruz Ruiz of El Salvador, a member of the 18th Street gang previously convicted of homicide.
Ermis Francisco Orellana Rivas of El Salvador is a member of the MS-13 gang and was previously convicted for sexual assault and burglary.
Pablo Othoniel Lopez Sarricolea of Mexico is a member of the Paisas gang and was previously convicted of assault, DUI, resisting an officer, and illegal re-entry.
Erick Palacios Martinez of El Salvador is a member of the La Mirada Locos gang member and was previously convicted for robbery, damaging property, and trespassing.
Nicolas Guzman Hernandez of Mexico is a member of the Surenos gang and was previously convicted for felony assault.
https://justthenews.com/politics-policy/dhs-touts-deportation-gang-members-ice-roundups-intensify
Two people have died from parasite linked to iceberg lettuce
There have been 11,234 cases reported in the latest outbreak as of Monday, Michigan health officials reported, and 193 people have been hospitalized with infections.
By Kevin Killough
Published: August 3, 2026 1:10pm
Health officials in Michigan reported on Monday that two people have died from cyclosporiasis, which are the first deaths from the latest outbreak of the parasite.
Symptoms of infection include severe diarrhea, nausea and other gastrointestinal issues. Both individuals who died had underlying health conditions that may have been impacted by the dehydration that the parasite causes, Reuters reported.
There have been 11,234 cases reported in the latest outbreak as of Monday, Michigan health officials reported, and 193 people have been hospitalized with infections.
The Centers for Disease Control and Prevention have recorded 6,707 laboratory-confirmed cases of cyclosporiasis as of July 28, and more than 11,500 additional suspected cases are still awaiting confirmation or further investigation.
Earlier indications have linked the outbreak to iceberg lettuce,but nothing for certain has been confirmed.
https://justthenews.com/politics-policy/health/two-people-have-died-parasite-linked-iceberg-lettuce
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Trump signs executive order creating Military Spouse Commission
Trump signed the order in a ceremony at the Oval Office, with Sens. Tommy Tuberville and Katie Britt of Alabama in attendance.
By Ben Whedon
Published: August 3, 2026 1:58pm
Updated: August 3, 2026 2:04pm
President Donald Trump on Monday signed an executive order establishing the President's Military Spouse Commission that would focus on improving quality of life for the spouses of military service members.
"America cannot have the strongest military in the world without the love and devotion of our remarkable military spouses who make the extraordinary sacrifices for our country," he said. "This Commission will provide recommendations for improving the quality of life for military spouses so that we can better support both our military families and the entire United States armed forces."
Trump made the announcement in a signing ceremony in the Oval Office, with Secretary of War Pete Hegseth and joint chiefs chairman Dan Caine in attendance. Jennifer Hegseth, the wife of the secretary of war, is set to chair the panel.
"You think we're strong? American military spouses are ten times stronger," Caine said.
https://justthenews.com/politics-policy/trump-signs-executive-order-creating-military-spouse-commission
Trump: "Blue cities are dirty! They're gross!"
"you're fake news, don't ever talk again" -POTUS
Trump insists Iran talks still on after Tehran denial
"For some reason when they're talking, they don't like saying that they're talking," he said.
By Ben Whedon
Published: August 3, 2026 2:17pm
President Donald Trump on Monday told reporters that Iran was still negotiating with the U.S., despite Iran's public denial of planned talks the same day.
"For some reason when they're talking, they don't like saying that they're talking," he said.
Iran stated Monday that no talks with the U.S. were planned, despite Trump's claims that talks were set to begin Monday. "The talks are going along."
"They say 'we want to walk. we want to talk about the Strait.' But more importantly, from my standpoint, we want to talk about the denuclearization of Iran, because this is what it's all about. This is why I'm doing this," he added.
Trump has repeatedly stated that Iran wants to make a deal to end the conflict. The war has been in and out of states of ceasefire for months. The president recently called off planned strikes on the country, saying that he had made progress on an agreement with Tehran.
https://justthenews.com/politics-policy/trump-insists-iran-talks-still-after-tehran-denial