The previous high in the four decades of recordkeeping was $1.7 trillion in the first half of fiscal year 2021, when the government was tackling the Covid-19 pandemic
Khalil, a 30-year-old Palestinian by ethnicity who was born in Syria, was arrested March 8 in New York and taken to a detention centre in Louisiana
The White House on late Tuesday confirmed the hold on the public money but offered no further details on what that meant or what grants were affected
Investors are breathing a sigh of relief, Varadhan replied, according to a person briefed on the discussion. Goldman had just predicted a US recession
The cumulative tariff burden on some Chinese products stands at 145 per cent, including duties left in place from previous administrations
Donald Trump, at a black-tie fundraising dinner this week, had admonished Republicans to 'stop grandstanding' on the budget
The Dow Jones Industrial Average fell 611.5 points, or 1.51 per cent, at the open to 39,996.93
US raises tariffs on Chinese imports to 125 per cent from earlier stated 104 per cent. This came after China retaliated with 84 per cent tariffs on US goods
The Chinese spokesperson said the Asian nation is hopeful of working with the US to resolve differences through dialogue
Stephen Miran is considered the brains behind Trump's reciprocal tariffs that shook global markets. Here's a closer look at Miran and his views on US' economic and trade policies
European Commission President Ursula von der Leyen said that the commission took note of the announcement by President Trump
Students on F-1 visas, used for full-time academic study, have traditionally been allowed to stay in the country and finish their education, even if their entry visa was revoked
White House backs down on reciprocal tariff measures. Was Trump's sudden tariff reversal a calculated move or a sign of miscalculation by the administration?
China has refused to seek talks, saying the US was insincere and that it will fight to the end in a tariff war, prompting Trump to further jack up the tax rate on Chinese imports to 125 per cent
US imposes 125 per cent tariffs on all Chinese goods; China hits back with 84 per cent tariffs on all US imports, escalating trade tensions between the world's two largest economies
He was further asked how the administration plans to decide on what companies should and should not be exempted, and he said it will be considered 'instinctively'
Donald Trump's sudden tariff U-turn stuns markets and lawmakers, sparking insider trading fears, 'pump and dump' accusations, and calls for a federal investigation
His remarks come amid the escalating tensions between two strong economies of the world. Trump on Wednesday (IST) raised China's reciprocal tariffs to 125 per cent
Trump has declared a national energy emergency and ordered his attorney general to take action against states that may be illegally overreaching their authority in how they regulate energy development
US to screen social media of immigrants seeking benefits, targeting ties to antisemitic activity, including foreign students and those linked to institutions with reported incidents