India is hardly alone in facing Trump's trade wrath - and not the subject to the very highest rates - but the news left business and political leaders wondering how to cope with the fallout
Trump and his allies have applied intense pressure on the Fed and Chair Jerome Powell to lower interest rates, which policymakers have declined to do so far this year
Amid tariff threats and narrowing price gaps, India's oil firms have paused Russian crude orders; MEA says no official directive
One of the issues still under discussion is whether the pact would call for a resolution monitor to supervise how Cornell is carrying out changes required by the US
The US Court of Appeals for the Federal Circuit in Washington, D.C., is considering the legality of "reciprocal" tariffs that Trump imposed on a broad range of US trading partners in April
Trump said on Tuesday that the United States would start imposing tariffs and other measures on Russia '10 days from today' if Moscow showed no progress toward ending its war in Ukraine
A panel of all of the court's active judges, eight appointed by Democratic presidents and three appointed by former Republican presidents, will hear arguments scheduled to begin at 10 a.m. ET
Treasury Secretary Scott Bessent said Wednesday that the Trump administration was committed to protecting Social Security hours after he said in an interview that a new children's savings program President Donald Trump signed into law is a back door for privatising Social Security. Bessent said Wednesday evening that the accounts created under Trump's tax break-and-spending cut law will supplement the sanctity of Social Security's guaranteed payments. This is not an either-or question: our Administration is committed to protecting Social Security and to making sure seniors have more money, Bessent said in a post on X. Bessent's remarks about privatising Social Security, which he made at a forum hosted by Breitbart News, were striking after Trump's repeated promises on the campaign trail and in office that he would not touch Social Security. It also reignited an issue that has dogged Republicans for years. The White House did not respond to a request for comment. Democrats quickly
The Trump administration is pushing an initiative for millions of Americans to upload personal health data and medical records on new apps and systems run by private tech companies, promising that will make it easier to access health records and monitor wellness. Leaders from more than 60 companies, including major tech companies such as Google and Amazon, as well as prominent hospital systems like the Cleveland Clinic, will convene at the White House on Wednesday afternoon to discuss what the administration is calling a digital health ecosystem." The new system will focus on diabetes and weight management, conversational artificial intelligence that helps patients, and digital tools such as QR codes and apps that register patients for check-ins or track medications. The initiative, spearheaded by an administration that has already freely shared highly personal data about Americans in ways that have tested legal bounds, could put patients' desires for more convenience at their ...
UCLA became a flashpoint in spring 2024 as campus protests escalated nationwide over Israel's war against Hamas in Gaza
Trump has threatened sanctions in 10-12 days on countries buying Russian exports, including energy, unless Putin agrees to ceasefire-down from the earlier 50-day deadline
President Donald Trump is getting his way with the world economy. Trading partners from the European Union to Japan to Vietnam appear to be acceding to the president's demands to accept higher costs in the form of high tariffs for the privilege of selling their wares to the United States. For Trump, the agreements driven by a mix of threats and cajoling, are a fulfillment of a decades-long belief in protectionism and a massive gamble that it will pay off politically and economically with American consumers. On Sunday, the United States and the 27-member state European Union announced that they had reached a trade framework agreement: The EU agreed to accept 15 per cent US tariffs on most its goods, easing fears of a catastrophic trans-Atlantic trade war. There were also commitments by the EU to buy USD 750 billion in US energy products and make USD 600 billion in new investments through 2028, according to the White House. We just signed a very big trade deal, the biggest of them .
Tokyo Governor Koike pitches relocation of UN offices to Japan, citing safety, affordability, and the US retreat from WHO, Unesco under President Donald Trump
Leadership turns to voluntary exits to avoid layoffs, but experts warn of long-term impact on missions and innovation
The data nerds are fighting back. After watching data sets be altered or disappear from U.S. government websites in unprecedented ways after President Donald Trump began his second term, an army of outside statisticians, demographers and computer scientists have joined forces to capture, preserve and share data sets, sometimes clandestinely. Their goal is to make sure they are available in the future, believing that democracy suffers when policymakers don't have reliable data and that national statistics should be above partisan politics. There are such smart, passionate people who care deeply about not only the Census Bureau, but all the statistical agencies, and ensuring the integrity of the statistical system. And that gives me hope, even during these challenging times, Mary Jo Mitchell, director of government and public affairs for the research nonprofit the Population Association of America, said this week during an online public data-users conference. The threats to the U.S.
Despite the sun bearing down on him and the sweat beading across his face, President Donald Trump still lingered with reporters lined up outside the White House on Friday. He was leaving on a trip to Scotland, where he would visit his golf courses, and he wanted to talk about how his administration just finished the best six months ever. But over and over, the journalists kept asking Trump about the Jeffrey Epstein case and whether he would pardon the disgraced financier's imprisoned accomplice, Ghislaine Maxwell. People should really focus on how well the country is doing, Trump insisted. He shut down another question by saying, I don't want to talk about that. It was another example of how the Epstein saga and his administration's disjointed approach to it has shadowed Trump when he's otherwise at the height of his influence. He's enacted a vast legislative agenda, reached trade deals with key countries and tightened his grip across the federal government. Yet he's struggled t
The Trump administration is releasing billions of dollars in grants to schools for adult literacy, English language instruction and other programmes, the Education Department said Friday. President Donald Trump's administration had withheld more than USD 6 billion in funding on July 1, as part of a review to ensure spending aligned with the White House's priorities. The funding freeze had been challenged by several lawsuits as educators, Congress members from both parties and others called for the administration to release money schools rely on for a wide range of programs. Congress had appropriated the money in a bill signed this year by Trump. Last week, the Education Department said it would release USD 1.3 billion of the money for after-school and summer programming. Without the money, school districts and non-profits such as the YMCA and Boys and Girls Club of America had said they would have to close or scale back educational offerings this fall. The release of that money cam
Michael Gordon prosecuted some of the most notorious members of the mob that attacked the U.S. Capitol on January 6, 2021. His latest case to make is proving that the Justice Department fired him because he was good at his job. Gordon sued the federal government Thursday, claiming his June 27 termination was politically motivated retribution for his work on prosecuting Trump supporters who stormed the Capitol. He and two other former Justice Department officials are plaintiffs in a lawsuit against the department, Attorney General Pam Bondi and the Executive Office of the President. Dozens of Justice Department attorneys have been fired, demoted or forced out or have quit since President Donald Trump returned to the White House in January. Gordon and the other plaintiffs Patricia Hartman and Joseph Tirrell appear to be the first of them to file a lawsuit. Hartman was a public affairs specialist for the U.S. Attorney's office for the District of Columbia. Tirrell led the department'
President Donald Trump rattled off a number to shame Federal Reserve Chair Jerome Powell about the renovation costs of the Fed's headquarters and America's central banker dared to correct him. Live on video. The exchange occurred Thursday in the plywood-sheathed headquarters of the Fed that are still under construction. Both men wore white hard hats and dark suits. Trump spoke with utter certainty, while Powell skeptically cocked his eyebrows. Trump claimed the renovation project was over budget at a $3.1 billion price tag, while Powell pushed back and said the president was including an extra building that had been renovated five years ago. The Fed has maintained that renovation costs are $2.5 billion, an increase from $1.9 billion. It looks like it's about $3.1 billion, went up a little bit or a lot, said Trump. Powell shook his head in disagreement. I'm not aware of that, Mr. President, he responded. It just came out, said Trump, pulling a folded piece of paper from his suit .
Federal regulators on Thursday approved Paramount's $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue. The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around President Donald Trump's legal battle with 60 Minutes, the crown jewel of Paramount-owned broadcast network CBS. With the specter of the Trump administration potentially blocking the hard-fought deal with Skydance, Paramount earlier this month agreed to pay a $16 million settlement with the President. Critics of the settlement lambasted it as a veiled a bribe to appease Trump, amid rising alarm over editorial independence overall. Further outrage also emerged after CBS said it was canceling Stephen Colbert's Late Show just days after the comedian sharply criticized the parent company's settlement on air. Paramount cited financial reasons, but big names both within and outside the company have questioned