The Trump administration’s announcement that it would pull $4 billion for the state’s bullet train project is likely to mean significant delays in serving the first passengers, several analysts said.

The threat to cut off California follows a 315-page report published by the Federal Railroad Administration that claims California has missed several deadlines related to the high-speed rail and has failed to identify how it will secure $7 billion in funding to build a segment of rail between Merced and Bakersfield,

The public breakup between Elon Musk and President Trump has cast a pall over the future of SpaceX – but the mogul’s company should remain on a solid trajectory because the two sides need each other.

President Donald Trump has said he plans to "take a look" at Elon Musk's government contracts after their blowup on Thursday. Musk and Trump sparred publicly as their relationship crumbled in real time over the House fiscal plan that Republicans named the "One Big Beautiful Bill Act.