Crude oil markets are pricing in a fair amount of uncertainty at the current levels, Das said. That's why oil had dropped below $60 for a time-before the West Asia tensions pushed it back up
Government employment rose by 73,000, boosted by a 40,000 increase in state government education, which economists brushed off as a seasonal quirk related to the end of the school year
South Korean President Lee Jae Myung said that it remained unclear whether Seoul and Washington could conclude their tariff negotiations by the deadline set by President Donald Trump for next week, noting Thursday that both nations were still working to clarify their positions and identify areas of agreement. Speaking at his first news conference since taking office last month, Lee also reiterated his intentions to improve badly frayed ties with North Korea, though he acknowledged that mutual distrust between the Koreas is too deep to heal anytime soon. Trump's tariff hikes and other America First policies are major challenges for Lee's month-old government, as are North Korea's advancing nuclear programme and domestic economic woes. Lee, a liberal, came to power after winning a snap presidential election caused by the ouster of conservative President Yoon Suk Yeol over his ill-fated imposition of martial law in December. Lee calls tariff talks with US clearly not easy Lee said the
The House sprang back to action late Wednesday after a prolonged stalemate as Republican leaders spent the afternoon and evening working furiously to convince sceptics to support President Donald Trump's tax and spending cuts package and send it to his desk by the Fourth of July deadline. The day evolved into one of fast starts and hard stops, as Speaker Mike Johnson recalled lawmakers to Washington. GOP leadership vowed immediate consideration of the 887-bill, eager to seize on the momentum of its passage the day before in the Senate. But after a quick procedural vote in the morning, the chamber stood idle for more than seven hours as GOP lawmakers met with Trump at the White House and others shuttled in and out of the speaker's office for private meetings. The American people gave us a clear mandate, and after four years of Democrat failure, we intend to deliver without delay, the top four House GOP leaders said after the Senate passed the bill Tuesday, thanks to Vice President JD
Kilmar Abrego Garcia said he suffered severe beatings, severe sleep deprivation and psychological torture in the notorious El Salvador prison the Trump administration had deported him to in March, according to court documents filed Wednesday. Abrego Garcia was living in Maryland when he was mistakenly deported and became a flashpoint in President Donald Trump's immigration crackdown. The new details of Abrego Garcia's incarceration in El Salvador were added to a lawsuit against the Trump administration that Abrego Garcia's wife filed in Maryland federal court after he was deported. The Trump administration has asked a federal judge in Maryland to dismiss the lawsuit, arguing that it is now moot because the government returned him to the United States as ordered by the court.
Houston underlined the United States' aim of establishing a "fair and reciprocal" trade relationship with its partners, in line with the Trump administration's "America First" agenda
Notices of impending layoffs - filed by businesses as required by the Worker Adjustment and Retraining Notification Act - jumped by 61 per cent in May, to the highest level since October 2020
A declassified CIA memo released Wednesday challenges the work intelligence agencies did to conclude that Russia interfered in the 2016 presidential election because it wanted Republican Donald Trump to win. The memo was written on the orders of CIA Director John Ratcliffe, a Trump loyalist who spoke out against the Russia investigation as a member of Congress. It finds fault with a 2017 intelligence assessment that concluded the Russian government, at the direction of President Vladimir Putin, waged a covert influence campaign to help Trump win. It does not address that multiple investigations since then, including from the Republican-led Senate Intelligence Committee in 2020, reached the same conclusion about Russia's influence and motives. The eight-page document is part of an ongoing effort by Trump and close allies who now lead key government agencies to revisit the history of a long-concluded Russia investigation, which resulted in criminal indictments and shadowed most of hi
US Commerce Dept has informed one of the world's leading chip design software providers, Germany's Siemens AG, that requirements to seek govt licenses for business in China are no longer in place
President Donald Trump and first lady Melania Trump will meet at the White House on Thursday with Edan Alexander, the last living American hostage in Gaza, who was released in May. The President and First Lady have met with many released hostages from Gaza, and they greatly look forward to meeting Edan Alexander and his family in the Oval Office tomorrow, White House press secretary Karoline Leavitt said in a statement. Alexander, now 21, is an American-Israeli from New Jersey. The soldier was 19 when militants stormed his base in Israel and dragged him into the Gaza Strip. Alexander moved to Israel in 2022 after finishing high school and enlisted in the military. He was released on May 12 by the militant group Hamas after 584 days in captivity. Alexander had been in Israel since he was freed until he travelled last month home to New Jersey, where his family still lives. He was among 251 people taken hostage by Hamas in the October 7, 2023 attack that led to the Israel-Hamas ...
A federal lawsuit filed Wednesday accuses President Donald Trump's administration of systematically targeting brown-skinned people in Southern California during an ongoing immigration crackdown that has put the region under siege. The court filing in US District Court alleges that federal agents have violently and indiscriminately arrested people without probable cause while carrying out immigration raids flooding street corners, bus stops, parking lots, agricultural sites, day labourer corners. The lawsuit asks the court to block the Trump administration's ongoing pattern and practice of flouting the Constitution and federal law during actions in and around Los Angeles. "These guys are popping up, rampant all over the city, just taking people randomly and we want that particular practice to end, Mohammad Tajsar, an attorney with the American Civil Liberties Union of Southern California, told the Los Angeles Times. In addition, the complaint claims that those arrested are held in .
A politically motivated hacker breached Columbia University's data systems last week, stealing troves of student documents while briefly shutting down the school's computer systems, a university official said. The June 24 cyberattack prompted widespread network outages on campus, locking students and staff out of their email accounts, coursework and video conference software for several hours. On the same day, images of President Donald Trump's smiling face appeared on several public monitors across the Manhattan campus. A spokesperson for Columbia declined to elaborate on the political motivations behind the attack. But they described a highly sophisticated hacktivist who had gained access to private student records in an attempt to further a political agenda. The spokesperson said it was unclear if the Trump photo display was connected to the data breach. We are investigating the scope of the apparent theft and will share our findings with the University community as well as anyo
Donald Trump has announced a trade deal with Vietnam imposing tariffs on imports and transshipping, while granting the US full market access and zero tariffs on American goods
US President Donald Trump’s ‘Big Beautiful Bill’ cleared the Senate yesterday after an 18-hour voting marathon. The bill had sparked political fireworks for weeks.
Karnataka CM Siddaramaiah said that he will serve the full 5-year term as chief minister, giving a strong message to party loyalists backing deputy DK Shivakumar for the post of chief minister.
Donald Trump calls NYC mayoral candidate Zohran Mamdani a 'Communist lunatic', threatens arrest and funding cuts. Meanwhile, Mamdani says he isn't 'intimidated'
The petition stated, "Since Trump wants to deport naturalized citizens, I believe it is only fair that Melania and her parents are on the first boat out
Funds will not go to Donald Trump directly, but instead will fund a presidential library; CBS executives have exited the media house over disagreement over the settlement
The Senate bill, backed by Trump, seeks to penalise nations buying Russian oil; it could reshape US trade ties with India and China amid Ukraine conflict
US President Donald Trump stated that he would arrest Zohran Mamdani if the New York City mayoral candidate doesn't allow federal immigration agents to arrest illegal immigrants in the city.