World News

US military strikes another alleged drug boat in eastern Pacific, killing 3

Friday's attack raises the death toll from the Trump administration's strikes on alleged drug boats to at least 148 people in at least 43 attacks carried out since early September

US SC tariff verdict clouds Fed's rate path after a year of upheaval

Markets fluctuated on Friday between bets that the Fed would cut rates in June or wait until July, reflecting the complications introduced by the Supreme Court ruling

Who is Neal Katyal, the Indian-origin lawyer behind Trump tariffs verdict

The US Supreme Court's 6-3 decision striking down Donald Trump's reciprocal tariffs has put Indian-origin lawyer Neal Katyal in focus, after he successfully argued that only Congress can impose tariff

USTR plans new Section 301 probes covering major trading partners

Trump administration has cautioned foreign trading partners and the business community for months that it would use alternative tools to address its trade concerns if IEEPA tariffs were struck down

Mexico, Canada secure exemption from 10% US levy, but USMCA risks remain

Mexican and Canadian officials know that even if using IEEPA is out, the Trump administration is ready to employ other tactics to gain an edge over them

Surprise coding breakthrough that made Anthropic into an AI juggernaut

Claude Code, released publicly a year ago, quickly took off with software developers around the world, cementing Anthropic as a leader in lucrative, emerging market for so-called vibe coding products

Cuba-bound tanker carrying Russian fuels set to test Trump blockade

Pressure on Havana has been mounting since late last year, when US forces seized a ship carrying Venezuelan crude to Cuba

Microsoft appoints Asha Sharma to lead Xbox, recommits to console

Sharma, who previously held roles at Instacart and Meta Platforms Inc., was chosen for her consumer expertise and will serve as the chief executive officer of gaming, Microsoft CEO Satya Nadella said

Wikipedia founder Jimmy Wales sees no threat from Musk's Grokipedia

We would not consider for a second today letting an AI just write Wikipedia articles because we know how bad they can be, Jimmy Wales added

US revokes visas for Chilean minister, two officials over China cable plan

The rare move comes less than a month before the inauguration of right-wing President-elect Jose Antonio Kast, a close White House ally

Trump invokes 1974 trade law to impose 10% global tariff after SC setback

US President invokes Section 122 to impose 150-day import surcharge from February 24, citing a widening balance-of-payments deficit after Supreme Court strikes down reciprocal tariffs

US Treasuries fall after Supreme Court scraps President Trump's tariffs

Yields rose broadly following the court's decision with the rate on the benchmark 10-year note climbing to 4.10%

Nothing changes in terms of trade deal with India: Donald Trump

Trump's remarks came after the US Supreme Court ruled that he could not rely on the International Emergency Economic Powers Act to impose sweeping tariffs on imports

'Exceeded authority': US Supreme Court strikes down Trump's global tariffs

The ruling came weeks after India and the US issued a joint statement towards an interim trade agreement on February 7 stating the contours of the deal

11 million visitors short: Inside America's continuing tourism slump

Visitors from Canada, the second-largest source of US tourism, plunged by 28 % in January compared to January 2024

Indonesia signs trade deal with Trump admin, tariffs slashed to 19%

Indonesian coffee, chocolate, natural rubber and spices would be tariff-free, the Jakarta government said

Directing govt agencies to release files on UFOs, aliens and more: Trump

Trump made the announcement hours after he accused former President Obama of disclosing 'classified information' when Obama recently suggested in a podcast interview that aliens were real

Trump will travel to China in late march for high-stakes meet with Xi

"I'm going to be going to China in April, that's going to be a wild one," Trump said Thursday during the first meeting of the Board of Peace in Washington

Trump has other tariff options after SC strikes down his import taxes

The president acted alone even though the US Constitution specifically gives the power to tax and impose tariffs to Congress

How firms can claim refunds after US Supreme Court rejected Trump's tariffs

The court did not say how the government should refund the illegal tariffs, worth an estimated $175 billion