President Trump’s Sudden U-Turn, and a $1 Billion Ballroom Proposal

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<p>Plus, a visit to the “Gates to Hell.” </p> <p>Here’s what we’re covering:</p> <p><a href="https://www.nytimes.com/live/2026/05/05/world/iran-war-trump-hormuz?smid=url-share#heres-the-latest" rel="noopener noreferrer">The latest on the war in Iran</a>, by The New York Times</p> <p><a href="https://www.nytimes.com/2026/05/05/us/politics/jd-vance-iowa.html" target="_blank" rel="noopener noreferrer">Vance Campaigns in Iowa as G.O.P. Fears Rise Ahead of Midterms</a>, by Shane Goldmacher</p> <p><a href="https://www.nytimes.com/2026/05/05/us/politics/trump-indiana-takeaways.html" target="_blank" rel="noopener noreferrer">Trump Gets Payback on Indiana Republicans: 5 Takeaways</a>, by Mitch Smith and Reid J. Epstein</p> <p><a href="https://www.nytimes.com/2026/05/05/us/politics/republicans-immigration-bill-trump-ballroom.html" target="_blank" rel="noopener noreferrer">G.O.P. Proposes $1 Billion in Immigration Bill for Trump’s Ballroom Project</a>, by Carl Hulse</p> <p><a href="https://www.nytimes.com/2026/05/05/business/artificial-intelligence-safety-net.html" target="_blank" rel="noopener noreferrer">Congress Is Doing Little to Prepare for Potential A.I. Job Losses</a>, by Ben Casselman and Tony Romm</p> <p><a href="https://www.nytimes.com/2026/05/06/world/americas/2026-world-cup-ticket-prices-argentina.html" target="_blank" rel="noopener noreferrer">World Cup or Bust: Going Into Debt, Sleeping 10 to a Room, and Layovers for Days</a>, by Tariq Panja, Emma Bubola and Lucía Cholakian Herrera</p> <p><a href="https://www.nytimes.com/2026/05/04/world/europe/turkmenistan-door-to-hell-darvaza-crater.html" target="_blank" rel="noopener noreferrer">The ‘Gates to Hell’ Are Dimming. That May Not Be a Good Thing.</a>, by Jenny Gross</p> <p>Tune in every weekday morning, and tell us what you think at: <a href="mailto:theheadlines@nytimes.com" rel="noopener noreferrer">theheadlines@nytimes.com</a>.</p> <p><p>Subscribe today at <a href="http://nytimes.com/podcasts">nytimes.com/podcasts</a> or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here <a href="https://www.nytimes.com/activate-access/audio?source=podcatcher">https://www.nytimes.com/activate-access/audio?source=podcatcher</a>. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.</p></p><br/> <p>Hosted by Simplecast, an AdsWizz company. See <a href="https://pcm.adswizz.com">pcm.adswizz.com</a> for information about our collection and use of personal data for advertising.</p>