Politics Aug 29 Trump blocks $4.9 billion in foreign aid Congress OK’d, using maneuver last seen nearly 50 years ago The Republican president is using what's known as a pocket rescission — when a president submits a request to Congress to not spend approved funds toward the end of the fiscal year, so Congress cannot act on the request in…
World Aug 18 WATCH: Trump promises ‘lasting peace’ in Zelenskyy meeting, says Ukraine peacekeeping force under consideration Ukrainian President Volodymyr Zelenskyy and President Donald Trump expressed hope that their critical meeting Monday with European leaders at the White House could lead to three-party talks with Russian President Vladimir Putin to bring an end to his war on…
World Aug 18 WATCH: Zelenskyy arrives at White House to meet with Trump on ending Russia’s war Ukrainian President Volodymyr Zelenskyy has arrived at the White House for critical talks with President Donald Trump and key European leaders as the U.S. leader presses for a quick end to the brutal Russia-Ukraine war.
Economy Aug 12 Why economists are criticizing Trump’s nominee to oversee data on jobs and inflation President Donald Trump has selected E.J. Antoni, chief economist at the conservative Heritage Foundation, to be the next commissioner at the Labor Department's Bureau of Labor Statistics. Antoni's nomination was quickly met with a cascade of criticism from other economists.
Politics Aug 07 Trump says he is nominating top economic aide Stephen Miran to Federal Reserve board The appointment is Trump’s first opportunity to exert more control over the Fed, one of the few remaining independent federal agencies. Trump has relentlessly criticized the current chair, Jerome Powell, for keeping short-term interest rates unchanged.
Politics Aug 07 Trump wants to change how the Census Bureau collects data President Donald Trump has instructed the Commerce Department to change how the Census Bureau collects data, seeking to exclude immigrants in the United States illegally.
Economy Aug 07 Trump’s broad tariffs go into effect just as U.S. economic pain is surfacing The higher import taxes are part of his strategy to reduce the U.S. trade deficit and encourage foreign investment in America.
Politics Aug 06 Trump says he plans to put 100% tariff on computer chips, likely increasing electronics costs President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, likely raising the cost of electronics, autos, household appliances and other goods deemed essential for the digital age.
Politics Aug 06 WATCH: Trump announces Apple investment of additional $100B in U.S. manufacturing Apple had previously said it intended to invest $500 billion domestically, a figure it will now increase to $600 billion. Trump in recent months has criticized the tech company for efforts to shift iPhone production to India to avoid the tariffs his Republican administration…
Politics Aug 06 Trump to put additional 25% import taxes on India, bringing combined tariffs to 50% The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with the administration on the import taxes.