Aug 08 College endowment tax is leading to hiring freezes and could mean cuts in financial aid By Cheyanne Mumphrey, Associated Press College like Harvard, Yale and Stanford will be on the hook to pay hundreds of millions more in taxes, while also navigating reductions in research grants and other threats to funding by the Trump administration. Continue reading
Aug 08 WATCH: Leaders of Armenia and Azerbaijan meet Trump and sign U.S.-brokered peace deal at White House By Seung Min Kim, Michelle L. Price, Associated Press The two countries in the South Caucasus signed agreements with each other and the U.S. that will reopen key transportation routes while allowing the U.S. to seize on Russia’s declining influence in the region. Continue reading
Aug 08 New York AG James subpoenaed as Justice Department investigates whether she violated Trump’s rights By Eric Tucker, Alanna Durkin Richer, Associated Press The subpoenas mark an escalation of the Trump administration’s ongoing efforts to scrutinize perceived adversaries of the president, including those like James who had investigated him before his election win last November. Continue reading
Aug 08 Appeals court tosses contempt finding against Trump administration over prison deportations By Lindsay Whitehurst, Associated Press The decision from a divided three-judge panel based in the nation’s capital vacates a finding from U.S District Judge James E. Boasberg. Continue reading
Aug 08 A quick guide to past meetings between Putin and U.S. presidents By Dasha Litvinova, Associated Press Bilateral meetings between Russian President Vladimir Putin and his U.S. counterparts were a regular occurrence early in his tenure. Continue reading
Aug 08 Trump’s deadline for Russia arrives with little hope for peace on Ukraine war front lines By Vasilisa Stepanenko, Associated Press President Donald Trump’s efforts to pressure Russian President Vladimir Putin into stopping the fighting have so far delivered no progress. Continue reading
Aug 07 Watch 5:44 As Trump’s tariffs kick in, economist breaks down inflation and recession warning signs By Geoff Bennett, Jackson Hudgins After months of delay and backroom dealmaking, the Trump administration has imposed sweeping tariffs on nearly 100 countries, sending U.S. import duties soaring to their highest levels in nearly a century. To help break down the impact of the new… Continue watching
Aug 07 Watch 6:03 A look at Trump’s legal authority over DC as he threatens federal takeover By William Brangham, Ian Couzens President Trump continues to direct his ire at Democrat-run cities for what he calls an out-of-control crime wave, despite FBI data showing crime down in every category. This week, he went as far as threatening a federal takeover of Washington… Continue watching
Aug 07 Trump says he is nominating top economic aide Stephen Miran to Federal Reserve board By Christopher Rugaber, Josh Boak, Associated Press 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. Continue reading
Aug 07 Trump opens door for 401(k) retirement plans to invest in private equity and crypto By Ken Sweet, Associated Press Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to an executive order signed Thursday by President Donald Trump that could give those financial players long-sought access to a… Continue reading