Could the biggest SPAC deal on record reignite the Wall Street fad?
CNN
SPACs started out the year with a bang that soon became a fizzle. But don't count the Wall Street fad out just yet.
What's happening: Grab is set to start trading Thursday on the Nasdaq after raising $4.5 billion, giving the Singaporean startup a market value of nearly $40 billion.
In the days since the Trump administration announced it would freeze federal child care payments to Minnesota amid an alleged fraud investigation, fear and confusion have spread almost as fast as the viral video that launched the scandal.
President Donald Trump wants to tamp down on public debates about his health.
A US appeals court ruled on Friday that California’s ban on openly carrying firearms in most parts of the state was unconstitutional.
A CNN team witnessed several explosions on Saturday night in Caracas, and reported that some areas of the city were without electricity. Follow for live updates.
Thousands of people gathered for a New Year’s Eve celebration in Seattle this week, anticipating the annual fireworks show at one of the city’s most iconic landmarks, when a man stopped on a lawn and opened his coat to reveal a loaded shotgun, police said, alarming witnesses and an officer nearby.
The US Coast Guard announced Friday night it has suspended its search for people in the water after US strikes on alleged drug boats in the eastern Pacific Ocean earlier this week.
Minnesota child care centers at the center of widespread fraud allegations fueled by a viral video were operating as expected when visited by investigators, the state Department of Children, Youth, and Families said in a news release Friday.
“Wicked” composer Stephen Schwartz says he will not appear at the Kennedy Center after its board voted to attach President Donald Trump’s name to the venue — becoming the latest artist to push back against the president’s takeover of Washington’s most iconic performing arts center.
Russia filed a formal diplomatic request that the United States stop pursuing an oil tanker originally bound for Venezuela that has evaded US custody for almost two weeks, two sources familiar with the matter told CNN.
President Donald Trump was seeking to send a “strong warning” to Iran on Friday when he suggested in an early morning Truth Social post that the US would forcibly intervene if Tehran shot and killed protesters. But as of now, there have been no major changes to troop levels in the region and no direct action has been taken, officials told CNN.
A super PAC aligned with President Donald Trump raised more than $102 million during the last half of 2025 and has built more than $294 million in cash reserves that it can deploy to help shape this year’s midterm elections, newly filed records show.
President Donald Trump spent his Friday morning perusing samples of stone in Florida for the new White House ballroom, as he pushes ahead on a controversial effort to replace the East Wing.
Brian Cole Jr. allegedly placed explosives outside the Democratic and Republican National Committee buildings on January 5, 2021.