As the Midwest and East Coast face a potentially historic heat wave this week, all eyes are on Washington, D.C., and President Donald Trump’s plans to celebrate the country’s 250th birthday.

The nation’s capital could see its greatest heat risk beginning Thursday, according to the NWS, and some models predict a possible high of 106 degrees on Friday—which would tie the city’s all-time high.

Major cities including Chicago, New York and Atlanta are also in for record temperatures, with the extreme heat coming amid holiday events, World Cup games and the highly anticipated wedding of Taylor Swift and Travis Kelce.

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Elon Musk regained his trillionaire status Monday as SpaceX and Tesla shares rallied 7.2% and 8.5%, respectively, adding more than $65 billion to his net worth.

President Donald Trump took to social media to demand that gasoline retailers “immediately” lower prices to around $2.50 a gallon—well below Tuesday’s national average of $3.85.

Wealth Entrepreneurship

Larry Ellison, who was the world’s second-richest person earlier this month, dropped to the No. 7 spot Monday, behind Mark Zuckerberg, after another rise in Meta’s stock and a nearly monthlong slide in Oracle shares. Ellison, whose fortune topped $300 billion on June 1, has seen his net worth drop to $193 billion as Oracle’s stock fell........

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