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Dow Jones opened flat on Wednesday as investors cautiously await the next move of US President Donald Trump in the recent Israel-Iran conflict. 

At the open, the Dow Jones, S&P 500, and Nasdaq Composite were all hovering within 0.1% of unchanged, reflecting a cautious start as investors awaited key Fed signals and monitored ongoing geopolitical tensions

Donald Trump shared some steamy posts on X where he warned Iran’s supreme leader. The US President made it clear that nothing short of an “unconditional surrender” would be expected. 

The developments heated the buzz around the conflict, with Iran looking in no position to back down from a full-blown war. 

Investors on Wall Street are navigating their way through the choppy markets as Dow Jones and other indices gained on Monday, but a quick reversal was seen on Tuesday. 

Ahead of the opening bell, the Dow Jones futures traded 100 points up, while the S&P 500 and Nasdaq futures were trading 20 and 100 points higher. 

Markets largely brushed off the weaker-than-expected retail sales and industrial production data reported earlier in the day, with investors instead focusing on broader themes like Fed policy and geopolitical developments. 

US Fed’s economic outlook may impact Dow Jones, other indices

All eyes are on US Fed Chair Jerome Powell as he prepares to announce the Federal Open Market Committee’s (FOMC) policy decision later today. 

While it’s almost certain the Fed will keep interest rates steady at 4.25% to 4.5%, the investors will be highly interested in the central bank’s economic outlook. 

The Fed’s updated economic projections and the closely watched “dot plot” will offer insight into policymakers’ expectations for growth, inflation, and the number of rate cuts they anticipate for the rest of 2025. 

With anxiety running high over the Israel-Iran conflict, investors are laser-focused on how the US Fed sees the economy shaping up in the months ahead. 

The backdrop is complicated: tariffs are threatening to push prices higher, global growth is showing signs of strain, and the Middle East crisis has only added to the sense of unpredictability.

US jobless claim data may turn heavy for indices 

The fresh data around jobless claims in the United States may impact the market sentiment as people applying for US unemployment benefits fell slightly last week. 

For the week ending June 14, the jobless claims declined by 5,000 to 245,000, which is in line with the economists’ expectations. 

While this marks a modest improvement, claims remain near their highest levels in eight months, signaling ongoing softness in the labor market. 

Continuing claims, which track the number of people still receiving benefits, also edged down to 1.95 million in the previous week.

The data can be volatile, especially around holidays or during the summer when school employees may file for benefits. 

The overall trend however, has been upward, reflecting a gradual slowdown as layoffs rise and businesses face headwinds from tariffs and global uncertainty. 

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The White House is working to show President Donald Trump’s consistent stance against Iran obtaining a nuclear weapon, as critics emerge from both sides of the aisle. On Tuesday, the White House’s rapid response team released a series of 30 clips on X showing Trump’s statements over the years on the dangers of Iran getting a nuclear weapon.

In October 2023, just days after Hamas’ brutal massacre in Israel, Trump told a crowd at a campaign rally that Iran could not be allowed to develop nuclear weapons.

‘Don’t let Iran have nuclear weapons. That’s my only thing I have to tell you today. Don’t let them have it,’ Trump said at the Oct. 16, 2023, Iowa rally.

Then in January 2024, Trump said, ‘I just don’t want them to have a nuclear weapon, and they weren’t going to have one.’

A few months later, in June 2024, during an appearance on the podcast ‘All-In,’ Trump told the hosts that Iran could not be allowed to develop a nuclear weapon.

‘The main thing is Iran can’t have a nuclear weapon. That was my main thing. The deal was a simple deal. Iran can’t have a nuclear. You know, it can’t have a missile, it can’t have a nuclear missile. It cannot have that nuclear capability,’ Trump told the podcast hosts.

The most recent clip was from May 2025 in which Trump told the Saudi-U.S. Investment Forum that ‘Iran can have a much brighter future — but we’ll never allow America and its allies to be threatened with terrorism or a nuclear attack… they cannot have a nuclear weapon.’

Vice President JD Vance also commented on the controversy regarding Trump’s stance on Iran’s nuclear ambitions. Vance defended his boss’ Iran position as being focused only on ‘using the American military to accomplish American people’s goals.’

He also described Trump as someone who ‘has been amazingly consistent, over 10 years, that Iran cannot have a nuclear weapon.’

‘I have yet to see a single good argument for why Iran needed to enrich uranium well above the threshold for civilian use. I’ve yet to see a single good argument for why Iran was justified in violating its non-proliferation obligations. I’ve yet to see a single good pushback against the IAEA’s findings,’ Vance wrote on X.

Although the White House team’s clips date back to 2023, there is even earlier evidence that Trump was against Iran having a nuclear weapon. 

In 2018, during his first term in office, Trump withdrew from the Obama-era Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA). At the time, Trump called the JCPOA ‘one of the worst and most one-sided transactions the United States has ever entered into.’

The White House release on the U.S. withdrawal from the deal has several references to Trump’s opposition to Iran developing a nuclear weapon. At one point it says that ‘Trump is committed to ensuring Iran has no possible path to a nuclear weapon.’

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 The Chairman of the Senate Foreign Relations Committee has lashed out at China, Russia and Iran for threatening U.S. national security interests in Africa in exclusive comments to Fox News Digital.

In a wide-ranging interview, Sen. Jim Risch, R-Idaho, discussed the Trump administration’s approach to Africa, highlighting terrorism, war and concerns over trade on the continent. Risch emphasized the importance of Africa to the U.S. 

‘The economic opportunities in Africa cannot be understated, and the United States needs to have a seat at the table regarding trade and investment in the region,’ he said. ‘At the same time, there are serious national security challenges we need to address head on to include terrorism, widespread conflicts affecting regional stability, migration and trafficking.’

Russia, China and Iran have been criticized by Risch as being ‘malign actors’ in Africa, accused of military interventions, exploitative trade practices, and in Iran’s case, reported to be working on an agreement to extract refined ‘yellowcake’ uranium for its controversial nuclear program.

‘The malign actions of China and Russia, and even regional actors like Iran, are serious challenges to our national security interests in Africa,’ Risch said. ‘Countering the influence of these aggressors is as much about the U.S. pursuing greater partnerships with African states as it is about responding to the challenges put forward by countries like Russia and China in Africa.’

Risch weighed in on the role of the U.S. military on the continent, saying it ‘is to protect the American people, first and foremost, and that goal should remain the same in Africa. We have serious security threats in Africa, and we must take them seriously. Remember, Osama bin Laden hid in Sudan, bombed our embassies there, and planned his 9/11 attack.’

Then there’s the question of Islamist terror. Risch said he was ‘concerned about the spread of Islamist militants throughout parts of Africa, and has supported efforts to work with countries to help them get this situation under control.’

He added, ‘I am mindful that it is ultimately not up to us to confront this problem, and we have to stop being the only major player providing international support. Others, including African nations, must do more.’

Washington has Somalian terror clearly on its radar. In banning Somalians from entering the U.S. earlier this month, a White House proclamation stated, ‘The United States Government has identified Somalia as a terrorist safe haven.’

Al-Qaeda and Islamic State-affiliated terrorists operate openly. The U.S. military, through its Africa Command, has ramped up action against the groups since President Trump took office. So far this month, the U.S. has already carried out six air strikes against Islamic State in Somalia.

‘I have advocated so strongly for the United States to build an approach that relies less on a central government partner that has not delivered, and more on partners in Somalia and the region to bring about effective counterterrorism gains.

‘Fortunately, President Trump’s Africa policy has already shown he thinks outside the box, as demonstrated by the handling of recent airstrikes on Somalia with less hand-wringing, and more direct and decisive action.’

In Sudan, Russia and Iran have been fingered as protagonists pushing military agendas and war. An estimated 150,000 have been killed, and more than 12 million displaced, since civil war broke out in April 2023.

‘The war in Sudan must end, and the partition of the Sudanese state must be prevented. This is the worst humanitarian disaster in the world, and a playground for malign actors backing both sides,’ he said.

On President Donald Trump’s spearheading of efforts to bring peace to the Eastern part of the Democratic Republic of Congo. Risch said, ‘I know this administration is working hard to secure a deal between DRC and Rwanda that will end the fighting. America must serve as a counterweight to China’s critical minerals deals in the region, but can’t fully do so until the region is more stable.’

In South Africa, government ministers continue to meet with senior Russian, Chinese and Iranian officials. The African National Congress political party, which South African President Cyril Ramaphosa is the leader of, has hosted officials from the Hamas terror group. Yet the country benefits from duty-free benefits for products like cars and fruit in the U.S. under the African Growth and Opportunity Act, AGOA, and other trade deals.

Risch told Fox News Digital, ‘I have consistently raised national security concerns about South Africa’s AGOA eligibility. AGOA is set to expire later this year, and President Trump’s current tariff regime already overrides many of its benefits. I remain critical of the South African government’s posture, which is why I applauded Secretary Rubio’s decision not to allow U.S. representation at the G20.’

In November, South Africa is due to hand over the chairmanship of the G20 to the U.S. But at this time Washington is not sending a single official to the handover ceremony.

Fox News Digital reached out to the South African government, but received no response.

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FBI Director Kash Patel took to social media on Tuesday to condemn a former Coast Guard officer who was arrested for allegedly threatening to assassinate President Donald Trump, which Patel claimed resulted, in part, from a ‘destructive’ Instagram post shared earlier this year by his predecessor, former FBI director James Comey. 

‘This is a guy who threatened President Trump’s life using the ‘86 47’ language,’ Patel said of Peter Stinson, the former Coast Guard official who was charged with making threats to kill the president. Stinson, who served from 1988 to 2021 in the Coast Guard – where he held roles as a sharpshooter and FEMA instructor – will appear in federal court for the first time on Wednesday.

Stinson appears to have made multiple, graphic threats against President Donald Trump, according to court documents, including 13 references to the ’86 47′ message shared in a now-deleted Instagram post by former FBI director James Comey. 

Comey in May posted a photo of shells arranged in the sand with the number ’86 47′ on Instagram. The post, which he deleted hours later, prompted backlash, including from Trump himself, and sparked at least two interviews with the Secret Service, as Comey later detailed.

The former FBI director has said in multiple public interviews since that he did not have any dark intentions in sharing the photo and that his wife had associated it with her time as a restaurant server to mean taking something off the menu. 

According to Merriman Webster, ’86’ is slang that can mean ‘to throw out,’ ‘to get rid of’ or ‘to refuse service to.’ Trump, of course, is the 47th president. 

‘I regret the distraction and the controversy around it,’ Comey said of the incident on MSNBC. ‘But again, it’s hard to have regret about something that, even in hindsight, looks to me to be totally innocent.’ 

Comey is not currently under investigation for the post and has said that neither he nor his wife, who was with him at the time, believed it had any nefarious meaning.

Still, the Comeys’ repeated public statements and his compliance with Secret Service personnel have done little to assuage some Trump administration officials, including Patel, who now has Comey’s former job. 

‘Tragically, this case was predictable,’ Patel told Fox News Digital on Tuesday in regard to Stinson’s alleged threats. 

‘When former Director Comey first pulled his destructive Instagram stunt, it forced the FBI to pull numerous agents off of critical portfolios, taking key personnel away from important initiatives protecting the American people to deal with an overwhelming number of copycats following Comey’s lead and posting threatening messages against the president of the United States,’ Patel said.

‘Thankfully, law enforcement did excellent work preventing a potential violent actor, and we’ll continue to be on guard,’ he added.

Stinson is a Northern Virginia resident, and while it is unclear to what degree Stinson was influenced by the Comey Instagram post or the resulting media coverage of it, court documents show that many of Stinson’s threats were posted long beforehand, including in the run-up to Election Day and during the 2024 presidential campaign. 

Stinson, a ‘self-identified’ member of Antifa, made at least one threat appearing to invoke the July 13 assassination attempt against Trump while he campaigned in Butler, Pennsylvania.

‘Those secret service agents moved very slowly,’ Stinson said in a post at the time. ‘They left him in the open way to (sic) long. A missed opportunity will not come around again. They will teach this to future agents as a failure to protect and act.’ 

In February, Stinson posted on his X account, ‘Sure. This is war. Sides will be drawn. Antifa always wins in the end. Violence is inherently necessary.’ 

The most recent post referenced in the document was published on BlueSky on June 11, when Stinson allegedly wrote, ‘When he dies, the party is going to be yuge.’

Comey did not immediately respond to Fox News Digital’s request for comment on Patel’s remarks nor on any role that the Instagram post in question may have inadvertently played in the case.

News of Stinson’s arrest comes after a federal grand jury indicted a San Bernardino County, California, man just weeks earlier for allegedly threatening to assassinate then-President-elect Donald Trump after he was elected to a second White House term.

‘This defendant is charged with threatening the life of our President – a man who has already survived two deranged attempts on his life,’ Attorney General Pam Bondi said at the time.

‘The Department of Justice takes these threats with the utmost seriousness and will prosecute this crime to the fullest extent of the law,’ Bondi added.

Fox News Digital’s Andrea Margoli contributed to this report.

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Iran warned that the United States joining forces with Israel would mean an ‘all-out war,’ as Israel bombarded sites overnight that it says would have allowed Iran to continue enriching uranium, as well as attack Israeli forces.

‘Any American intervention would be a recipe for an all-out war in the region,’ Iranian Foreign Ministry spokesman Esmail Baghaei warned Wednesday during an interview with Al Jazeera English.

He did not elaborate, but thousands of American troops are based in nearby countries within range of Iran’s weapons. The U.S. has threatened a massive response to any attack.

Another Iranian official apparently ruled out demands for the country to give up its disputed nuclear program.

Iran’s ambassador to Geneva, Ali Bahreini, told reporters that Iran ‘will continue to produce the enriched uranium as far as we need for peaceful purposes.’

He rejected any talk of a setback to Iran’s nuclear research and development from the Israeli strikes, saying, ‘Our scientists will continue their work.’

Israeli warplanes pounded Tehran overnight and into Wednesday as Iran launched a small barrage of missiles at Israel with no reports of casualties, according to the Associated Press.

Israel says it launched the strikes to prevent Iran from building a nuclear weapon, after talks between the United States and Iran over a diplomatic resolution had made little visible progress over two months but were still ongoing. 

President Donald Trump has said Israel’s campaign came after a 60-day window he set for the talks.

Iran has long insisted its nuclear program was peaceful, though it is the only non-nuclear-armed state to enrich uranium up to 60%, a short, technical step away from weapons-grade levels of 90%. U.S. intelligence agencies have said they did not believe Iran was actively pursuing the bomb, according to the AP. Israel is believed to be the only country in the Middle East with nuclear weapons but has never publicly acknowledged them.

The Israel Defense Forces (IDF) said Wednesday that it eliminated Ali Shadmani, identified as Iran’s ‘wartime chief of staff,’ overnight. Shadmani held the role for only four days before meeting the same fate as his predecessor, spokesperson Brig. Gen. Effie Defrin said in a video statement Wednesday. 

‘We have delivered significant blows to the Iranian regime, and as such, they have been pushed back into central Iran,’ Defrin said. ‘They are now focusing their efforts on conducting missile fire from the area of Isfahan. We are aiming at military targets, they are attacking civilian homes.’

‘While we are working to remove threats from Iran, we are still fighting their proxy, Hamas in Gaza, who is still holding 53 of our hostages in brutal conditions,’ he added. ‘We will not rest until they are returned home.’  

More than fifty Israeli Air Force (IAF) fighter jets conducted three waves of strikes over three hours in an extensive operation Tuesday night, hitting an Iranian centrifuge production site ‘that was intended to enable the regime to continue to enhance its uranium enrichment,’ Defrin said in another statement Wednesday. ‘This complements actions from previous operations we have conducted targeting components of the nuclear program.’ 

Israeli forces have struck over 1,100 different components across Iran as of the sixth day of the conflict, Defrin said.

He said IAF jets also struck several weapons and missile production sites in Tehran. On Wednesday morning, Israeli aircraft identified and struck five Iranian AH-1 attack helicopters located at Kermanshah airport.

‘We have clear goals and objectives: removing the existential threat to the State of Israel, significantly impairing the nuclear program in all its components, and inflicting substantial damage to the missile array,’ Defrin said. 

The IDF said it identified around thirty launches fired from Iran towards Israeli territory in two barrages Tuesday night. 

‘Most of them were intercepted, and there were no casualties. I know these are complex days, but we cannot afford complacency,’ Defrin said, warning Israelis to strictly adhere to home-front safety guidelines. 

Trump initially distanced himself from Israel’s surprise attack on Friday that triggered the conflict, but in recent days has hinted at greater American involvement, saying he wants something ‘much bigger’ than a cease-fire. 

The U.S. has also been shifting assets to the Middle East, including sending more warplanes to the region.

Trump said in social media posts on Wednesday that the U.S. knows where Iran’s Supreme Leader is but would not kill him, for now. He also called for the ‘complete surrender’ of Iran.

‘We now have complete and total control of the skies over Iran,’ Trump wrote. 

Fox News’ Stephanie Simon and the Associated Press contributed to this report. 

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It took 11 years since Facebook acquired it for $19 billion, but Meta is finally bringing ads to WhatsApp, marking a major change for an app whose founders shunned advertising.

Meta announced Monday that businesses will now be able to run so-called status ads on WhatsApp that prompt users to interact with the advertisers via the app’s messaging features. The ads will only be shown to users within WhatsApp’s “Updates” tab to separate the promotions from people’s personal conversations. Additionally, Meta will begin monetizing WhatsApp’s Channels feature through search ads and subscriptions.

The debut of ads on the messaging app represents a significant step in Meta CEO Mark Zuckerberg’s plans to make WhatsApp “the next chapter” in his company’s history, as he told CNBC’s Jim Cramer in 2022. The move to monetize WhatsApp also comes amid Meta’s high-profile antitrust case with the Federal Trade Commission over the company’s blockbuster acquisitions of the messaging app and Instagram.

Already, Meta allows advertisers to run so-called click-to-message ads on Facebook and Instagram that steer users to WhatsApp where they can directly engage with businesses. Messaging between brands and consumers “should be the next pillar of our business,” Zuckerberg told analysts in April, adding that WhatsApp now has over 3 billion monthly users, including “more than 100 million people in the U.S. and growing quickly there.”

Now, companies can run those kinds of ads within WhatsApp itself. The new status ads appear in a user’s Updates tab within that tab’s “Status” feature that can be used to share pictures, videos and text that vanish after 24 hours, akin to Instagram Stories.

Since Meta bought WhatsApp in 2014, the popular messaging app has continued to grow worldwide. But unlike Facebook, Instagram and most recently Threads, WhatsApp has never allowed advertising.

WhatsApp’s co-founders, Jan Koum and Brian Acton, were public in their scorn for the advertising industry, and the duo left Facebook after reportedly clashing with executives who were eager to inject the app with advertising and other practices they shunned.

The social media company does not reveal WhatsApp’s specific sales, but analysts have previously estimated the app’s revenue to be between $500 million and $1 billion from charging businesses for tools and services so they can message customers on the app.

Meta will “use very basic information” to recommend which ads to show WhatsApp users, Nikila Srinivasan, Meta’s head of product for business messaging, said Friday. This includes a person’s country, city, device, language and data like who they follow or how they interact with ads.

The company debuted WhatsApp’s Updates tab in June 2023 along with an accompanying Channels feature that allows people and organizations to send broadcast messages and updates to their followers as opposed to personal conversations. Meta will also monetize the Channels feature, the company said Monday.

Organizations and people who are Channel administrators will now be able to spend money to boost the visibility of their respective Channels when a person searches for them via a directory, similar to ads on Apple’s and Google’s app stores.

Additionally, channel administrators will be able to charge users monthly subscription fees to access exclusive updates and content, Meta said Monday. The company will not immediately make money from those monthly subscription fees, but it plans to eventually take a 10% cut of those subscriptions, a spokesperson said.

Meta hopes that by limiting its new ads to WhatsApp’s Updates tab it will disrupt users as little as possible, Srinivasan said. Users’ status updates as well as personal messages and calls on WhatsApp will remain encrypted, she said.

“We really believe that the Updates tab is the right place for these new features,” Srinivasan said.

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Senate Republicans are gearing up for the first full-scale congressional hearing into the alleged cover-up of former President Joe Biden’s cognitive decline.

Senators John Cornyn, R-Texas., and Eric Schmitt, R-Mo. will co-chair a Senate Judiciary Hearing Wednesday that delves into ‘what exactly went on’ during Biden’s term and why the constitutional power to remove him from office wasn’t triggered.

Cornyn said on the Senate floor that one of the main goals of the hearing was to shine a light on what happened behind the scenes during landmark moments of Biden’s presidency, ‘from the Biden border crisis to the disastrous results from the withdrawal in Afghanistan.

‘And it’s now clear that for many months — no one knows exactly how long — the president was simply not up to the task,’ he said. ‘Whoever happened to be making those decisions and carrying out the duties of the Office of President was not somebody who was authorized by the Constitution or by a vote of the American people.’

Cornyn and Schmitt’s hearing, first announced late last month, will be held after the release of the book ‘Original Sin’ by CNN host Jake Tapper and Axios reporter Alex Thompson, which alleges the Biden White House was trying to control the narrative about the former president’s health and that his allies worked to cover up his decline.

The hearing, ‘Unfit to Serve: How the Biden Cover-Up Endangered America and Undermined the Constitution,’ features a trio of witnesses called by the Senate Republican duo who served during President Donald Trump’s first term and during the Reagan and Bush years.

Among the Republicans’ witnesses are Theodore Wold, who formerly served as acting assistant attorney general in the Office of Legal Policy at the Justice Department and deputy assistant to the president for domestic policy during the Trump administration; Sean Spicer, former White House press secretary and communications director; and John Harrison, a legal scholar from the University of Virginia School of Law who previously served during former the Reagan and Bush administrations.

Wold and Harrison told Fox News Digital their testimony would focus on Biden’s alleged usage of an autopen, a device that is used to automatically mimic a person’s signature, typically used signing of numerous documents, and how the usage of the device may have acted as a smokescreen to prevent the triggering of the 25th Amendment.

Biden has rejected assertions by lawmakers and Trump that he habitually used an autopen. Trump recently ordered Attorney General Pam Bondi to open an investigation into whether the former president’s aides ‘abused the power of Presidential signatures through the use of an autopen to conceal Biden’s cognitive decline.’

Spicer’s testimony will focus on the media’s treatment of Trump compared to Biden during their respective first terms and how some media outlets were allegedly ‘silent’ when it came to signs of the ex-president’s decline.

Democrats on the panel did not call any witnesses.

The top-ranking Democrat on the committee, Sen. Dick Durbin, D-Ill., contended that Cornyn and Schmitt were wasting the panel’s time with their endeavor.

‘We have so many important topics to consider, and this is a totally political undertaking by several of my colleagues,’ he said. ‘It is a waste of the Senate Judiciary Committee’s time.’ 

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President Donald Trump’s business organization has announced the creation of a new wireless phone service that will carry the president’s name.

Trump Mobile, as the service will be known, will soon be available for what Donald Trump Jr. described as “real Americans” seeking “true value from their mobile carriers.” The eldest of Trump’s children, who serves as executive vice president of the Trump Organization, which runs the president’s businesses, made the remarks at a press event in New York City on Monday morning alongside his brother Eric Trump, who also oversees the Trump Organization.

According to the TrumpMobile.com website, the plan starts at $47.45 a month, reference to the elder Trump having served as the 45th and 47th president.

By comparison, Boost Mobile and Verizon’s Visible offer similar unlimited service for $25 per month. T-Mobile and Spectrum offer unlimited plans for $30.

Users can change to Trump Wireless while still keeping their existing phones. At the same time, the Trump Organization is also rolling out a $499 gold-colored phone, dubbed the T1, later this year as part of the service’s launch.

The announcement represents another example of the unprecedented line-blurring the president has undertaken by running the country while his branded business ventures continue to operate and make millions.

Late Friday, the president filed financial disclosure forms for 2024 showing hundreds of Trump-branded business ventures in operation as of last year. The Trump Organization, the main corporate entity run by the president’s family, earned more than $57 million from sales of digital tokens launched by its World Liberty Financial cryptocurrency platform. Trump has aggressively wielded the powers of the executive office to threaten businesses whose policies he does not support.

The launch of a wireless phone is a particularly striking case, since it comes as the president seeks to bring more production of electronics, including smartphones, to the United States. Trump has explicitly threatened Apple with tariffs for not making its iPhones stateside. Trump has sought to exert a strong influence over the heavily regulated telecom industry through Brendan Carr, the attorney Trump appointed to lead the Federal Communications Commission. Carr has cited traditional carriers for allegedly abusing workforce diversity requirements and censoring conservative voices.

The White House referred a request for comment to the Trump Organization. It did not respond to a follow-up query asking whether the president planned to use his own branded wireless service or the T1 phone.

According to its website, Trump Mobile is “powered” by Liberty Mobile Wireless. Florida state business records indicate Liberty Mobile was first registered in 2018 by its president and CEO, a Miami-area entrepreneur named Matthew Lopatin. He did not respond to an emailed request for comment.

Representatives for the three major U.S. phone carriers did not respond to requests for comment.

Trump Mobile’s T1 PhoneTrump Mobile

According to its website, Trump Mobile users would be able to receive telemedicine on their phone, roadside assistance and unlimited texting to at least 100 countries.

The service and phone are not actually made by the Trump Organization. The company is licensing the president’s name to a wireless service that is supported by the three major U.S. phone carriers. In a separate appearance with Fox Business host Maria Bartiromo’s “Mornings with Maria” show Monday, Eric Trump said the phones would also be made in the U.S. but did not state the manufacturer. He also said the service’s call center would be based in St. Louis.

The announcement appears to echo one made earlier this month by the trio of actor-hosts of the popular “SmartLess” podcast, who said they were launching their own wireless service by purchasing network capacity from T-Mobile.

Another actor, Ryan Reynolds, has invested in Mint Mobile, which also uses T-Mobile’s network. Both Mint and SmartLess have been pitched as value services for users who don’t have need for unlimited data.

This post appeared first on NBC NEWS

Kraft Heinz said Tuesday that it will remove FD&C artificial dyes from its products by the end of 2027, and will not launch any new products in the U.S. containing those ingredients.

The company said in a release that about 10% of its U.S. items use FD&C colors, the synthetic additives that make many foods more visually appealing. Kraft Heinz brands that sell products with these dyes include Crystal Light, Kool-Aid, MiO, Jell-O and Jet-Puffed, according to a Kraft Heinz spokesperson.

The company removed artificial colors, preservatives and flavors from its Kraft macaroni and cheese in 2016 and its Heinz ketchup has never used artificial dyes, according to Pedro Navio, North America president at Kraft Heinz. It is unclear how removing the dyes will affect the company’s business, as consumers could perceive the products as healthier but also may be less drawn to duller colors.

Cases of Kool-Aid Jammers are stacked at a Costco Wholesale store in San Diego on April 27, 2025.Kevin Carter / Getty Images

The decision follows pressure from the U.S. Food and Drug Administration and Department of Health and Human Services, led by Secretary Robert F. Kennedy Jr., for the food industry to pull back on artificial dyes as part of a larger so-called Make America Healthy Again platform.

The FDA in April announced a plan to phase out the use of petroleum-based synthetic dyes by the end of next year and replace them with natural alternatives. Besides the previously banned Red No. 3, other dyes that will be eliminated include red dye 40, yellow dye 5, yellow dye 6, blue dye 1, blue dye 2 and green dye 2, FDA Commissioner Marty Makary said at the time.

Kennedy said at the time that the FDA and the food industry have “an understanding,” not a formal agreement, to remove artificial dyes. The Health and Human Services secretary discussed removing artificial food dyes during a meeting in March with top food executives from companies including Kraft Heinz, PepsiCo North America, General Mills, WK Kellogg, Tyson Foods, J.M. Smucker and the Consumer Brands Association, the industry’s top trade group.

A spokesperson for Kraft Heinz said on Tuesday that the company looks forward to partnering with the administration “to provide quality, affordable, and wholesome food for all.”

Momentum against food dyes had been building for years. In January, before President Donald Trump and Kennedy took office, the FDA announced a ban on the use of Red No. 3 dye in food and ingested drugs. The dye gives many candies and cereals their bright red color, but is also known to cause cancer in laboratory animals. The FDA allowed Red No. 3 to be used by food manufacturers for years, though the state of California had already banned the dye in 2023.

Kraft Heinz said in the release Tuesday that it has made more than 1,000 recipe changes over the past five years to improve product nutrition.

“The vast majority of our products use natural or no colors, and we’ve been on a journey to reduce our use of FD&C colors across the remainder of our portfolio,” Navio said. “Above all, we are focused on providing nutritious, affordable and great-tasting food for Americans and this is a privilege we don’t take lightly.”

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A reverse merger between Tron and SRM Entertainment has triggered fresh speculation around the Trump family’s influence in crypto, after Eric Trump denied public involvement in the blockchain’s plans to go public on the Nasdaq.

Tron founder Justin Sun is behind the $210 million listing attempt, facilitated by Dominari Securities, where both Eric and Donald Trump Jr. serve as advisors.

While Eric expressed admiration for Sun, he dismissed suggestions that he is directly involved with Tron—despite Dominari being the exclusive placement agent for the deal and operating from Trump Tower.

$100 million injection, rebrand, and token accumulation

SRM Entertainment confirmed on Monday that it had secured a $100 million equity investment from a private investor and that Sun would serve as an advisor.

The company, which currently produces merchandise for theme parks, also announced plans to rebrand itself as “Tron” and begin accumulating TRX tokens for a dedicated crypto treasury strategy.

The merger, structured as a reverse takeover, would effectively give Tron a public listing without going through the traditional IPO route.

Dominari Securities, a subsidiary of Dominari Holdings, is managing the $210 million stock offering as placement agent.

This follows a growing trend of blockchain firms opting for backdoor listings to gain market access, with regulatory clearance often less burdensome.

SEC case pause after World Liberty Financial investment

Justin Sun’s increasing proximity to the Trump family gained momentum earlier this year when he acquired a $75 million stake in World Liberty Financial (WLFI), a pro-Trump crypto firm.

Sun is also the largest holder of $TRUMP, a meme token tied to the former president’s brand. Following the WLFI investment, the US Securities and Exchange Commission halted an active investigation into Sun and his blockchain ventures.

The SEC’s 2023 case had included allegations of market manipulation and the sale of unregistered securities.

Eric Trump’s recent statement—“I don’t have public involvement”—has fuelled questions about whether any private roles exist behind the scenes.

Though he affirmed his support for Tron and Sun via X on Monday, Eric Trump was careful to clarify he would not be taking any formal position at the company.

Still, the overlap between Dominari, the Trump family, and the deal structure continues to raise questions about undisclosed financial interests or indirect benefits.

Trump family crypto gains and regulatory spotlight

Donald Trump’s own earnings from cryptocurrency projects are also accelerating. Financial disclosures released last Friday showed that the president made $58 million from digital asset ventures in 2024, second only to his income from hospitality businesses.

That number is expected to rise in 2025, driven by a projected $390 million token sale and ongoing trading gains from his meme coin, which launched in January.

The Trump family joined Dominari’s advisory board in February, just months before the SRM-Tron deal was revealed.

Dominari Holdings, the parent company, operates from the same building as the Trump Organization’s headquarters, suggesting potential overlaps in personnel and strategy.

Though no official comments have been made by either Tron or Dominari Securities, their connections to the Trump network appear increasingly intertwined.

Regulatory bodies may take notice, particularly if the upcoming listing proceeds without further transparency on investor relationships or disclosure of compensation arrangements for advisors.

Crypto listings, political proximity, and future outlook

If completed, the Tron-SRM merger could set a precedent for crypto projects looking to enter public markets through alternative routes.

However, it also underlines how political influence and celebrity endorsements can affect market access, public perception, and even enforcement outcomes.

While Eric Trump’s distancing appears designed to manage potential backlash, his association with the placement agent, his role on Dominari’s advisory board, and his public praise for Justin Sun suggest a deeper connection that may continue to attract attention from investors, regulators, and the media.

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