2026-06-30
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A federal judge rules that the Trump administration unlawfully froze Hudson River tunnel funding.
Plus, how Ukrainian drones are making Russians feel the hardships of war.
And as inflation shows signs of pulling back across Europe,
we'll look at why the continent needs all the help it can get.
The fact that Europeans are so anxious about spending, the fact that they're saving more,
that is really holding back the European economy.
It's Tuesday, June 30th.
I'm Luke Vargas for The Wall Street Journal,
and here is the AM edition of What's News, the top headlines and business stories moving your world today.
In a break for East Coast commuters, a federal judge has permanently blocked the Trump administration
from withholding funds for a new rail tunnel connecting New York and New Jersey under the Hudson River.
Both states had sued after the administration said it wouldn't distribute
funding for the project as it reviewed whether it included DEI policies.
In her ruling, however, Judge Jeanette Vargas cited public comments from Trump suggesting
that the funding freeze was his personal decision and was politically motivated.
The White House referred requests for comment to the Transportation Department,
where a spokesman said it remained committed to making sure taxpayer dollars were spent responsibly.