POLITICSSenate confirms Kevin Warsh as next chair of the Federal ReserveWarsh has argued there's room for the central bank to lower interest rates, but that could be challenging at a time of rising inflation.NPR·May 13, 2026
POLITICSGas tax holiday as Trump promises? Not so fast, trucking, construction industries sayPresident Donald Trump and lawmakers are eyeing federal gas tax relief, but opponents contend a pause wouldn't help consumers and could harm roads.CNBC·May 13, 2026
POLITICSTrump urged to rule out ‘unlawful’ Cuba takeover and stop using Guantánamo Bay for migrant detention<p>Exclusive: In letter seen by the Guardian, 30 members of Congress warn US president’s Cuba military operation would worsen ‘mass suffering’</p><ul><li><p><a href="https://www.theguardian.com/us-news/live/2026/may/13/donald-trump-china-xi-jinping-beijing-iran-war-us-politics-latest-news-updates">UThe Guardian·May 13, 2026
POLITICSGunfire breaks out in Philippine Senate as police try to arrest senatorWitnesses say a burst of gunfire has rung out in the Philippine Senate where authorities have tried to arrest a senator who is wanted by the ICC.NPR·May 13, 2026
POLITICSBahamas re-elects Progressive Liberal party’s Philip Davis as prime minister<p>Davis is the country’s first leader to serve a second consecutive term in nearly 30 years</p><p>The Bahamas prime minister, Philip Davis, and his ruling Progressive Liberal party (PLP) have been <a href="https://www.theguardian.com/world/2026/may/12/bahamas-goes-to-polls-caribbean-election-battleThe Guardian·May 13, 2026
POLITICSWar in Iran costs $29 billion so far. And, students are finally improving in mathPentagon officials told Congress they estimate the war in Iran has cost $29 billion so far. And, a new Education Scorecard shows U.S. students are improving in math.NPR·May 13, 2026
POLITICSBudget 2026 live updates: PM says opposition ‘reduced to a farce’ as government targeted over CGT; three Coalition MPs booted from question time<p>Albanese defends changes to negative gearing and capital gains tax, which Bill Shorten says will give young people a ‘fighting chance’. Follow today’s news live</p><ul><li><p>See all our <a href="https://www.theguardian.com/australia-news/australian-budget-2026">Australia budget 2026</a> coverageThe Guardian·May 13, 2026
POLITICSSources: 76ers president Morey out; Nurse to stayDaryl Morey is out as president of basketball operations after six seasons with the 76ers, who will continue with Nick Nurse as their coach.ESPN·May 13, 2026
POLITICSElon Musk and Jensen Huang among CEOs joining Trump on China tripA total of 18 US executives have joined the president on his visit, where he will meet his Chinese counterpart Xi Jinping.BBC News·May 13, 2026
POLITICSCindy Burbank Wins Senate Primary in Nebraska, but Plans to Drop Out to Help Dan OsbornDemocrats in Nebraska appear headed toward the Senate matchup they want, while their primary for a key House district was too close to call.NY Times·May 13, 2026
POLITICSNSW police to drop charges against Isaac Herzog protesters laid using unlawful public assembly restrictions<p>Lawyers calling for all charges to be withdrawn after Sydney town hall rally against Israeli president</p><ul><li><p><a href="https://www.theguardian.com/australia-news/live/2026/may/13/budget-2026-live-updates-reaction-jim-chalmers-tim-wilson-cost-of-living-capital-gains-negative-gearing-housingThe Guardian·May 13, 2026
POLITICSJensen Huang joins Trump's China trip after the U.S. president called the Nvidia CEOThe U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump's trip to China this week.CNBC·May 13, 2026