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Lisa Cook, the first African American woman on the Federal Reserve Board, is set to challenge Trump's move in court, with the decision likely to spark a legal battle
The order the Republican president signed in the Oval Office acknowledged the court's 5-4 ruling in a case from Texas in 1989
Though Mr Gor has not been known to articulate views on trade, he is unlikely to deviate from Mr Trump's position once he shifts into the Roosevelt House
Trump on Friday said the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share
Some National Guard units patrolling the nation's capital at the direction of President Donald Trump have started carrying firearms, an escalation of his military deployment that makes good on a directive issued late last week by his defense secretary. A Defense Department official who was not authorized to speak publicly said some units on certain missions would be armed some with handguns and others with rifles. The spokesperson said that all units with firearms have been trained and are operating under strict rules for use of force. An Associated Press photographer on Sunday saw members of the South Carolina National Guard outside Union Station with holstered handguns. The development in Trump's extraordinary effort to override the law enforcement authority of state and local governments comes as he is considering expanding the deployments to other Democratic-led cities, including Baltimore, Chicago and New York. THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows ...
Today's Opinion Page looks at the RBI's recent discussion paper on inflation targeting, OpenAI's plans for India, the role of institutions in growth, and the recent GST rate cuts boost to growth
The Trump administration is casting a wide net, scouring other companies that it thinks could be ripe for some form of government involvement, three people briefed on these discussions said
Vice President J D Vance on Sunday said President Donald Trump has applied aggressive economic leverage such as secondary tariffs on India to force Russia to stop bombing Ukraine. Vance was speaking during an exclusive interview on NBC News' Meet the Press when he also said the step would make it harder for the Russians to get rich from their oil economy. The Trump administration has been highly critical of India for its procurement of discounted crude oil from Russia. Interestingly, Washington has not been criticising China, the largest importer of Russian crude oil. India has been maintaining that its energy procurement, including from Russia, is driven by national interest and market dynamics. Vance remained confident the US can broker an end to the war between Russia and Ukraine despite potential hang-ups that have emerged since President Trump's meeting this month with Russian President Vladimir Putin, NBC News said. We believe we've already seen some significant concessions
Trump's trusted aide and new US ambassador to India poses both a challenge and an opportunity for India-US ties
Do institutions matter? Donald Trump's sustained assault on them will give us an answer
Ghislaine Maxwell told DOJ she never saw Donald Trump act inappropriately during his friendship with Jeffrey Epstein, denying any connection to Epstein's crimes or misconduct
Unlike their public-sector counterparts, private players export a large portion of their output to Europe and Asia at lucrative prices
The fact that Gor has President Trump's ear makes him an extremely valuable commodity for India - he represents both a challenge and an opportunity
South Korean President Lee Jae Myung is in Tokyo to hold his first full summit with Japanese Prime Minister Shigeru Ishiba in a visit largely aimed at showcasing friendly ties between the two Asian neighbours that now face common challenges from America, their mutual ally. Lee's visit Saturday comes in an unusual order putting Japan ahead of the United States helping him to better prepare for his crucial first summit in Washington with US President Donald Trump, mainly on trade and defence issues. His Tokyo visit before Washington is well received by Japanese officials who see it as a sign Lee is placing great importance to relations between the two neighbours whose ties have been repeatedly disrupted by historical disputes, hampering their trilateral coordination with Washington. For Ishiba, who faces pressure from rightwing rivals within his governing party to resign over its July election loss, Lee's visit and a successful summit could shore up his support. Rintaro Nishimura,
External Affairs Minister S Jaishankar criticised US tariffs on Indian goods, saying India will protect the interests of farmers and small producers while maintaining its national priorities
A judge has ruled that the Trump administration cannot deny funding to Boston, Chicago, Denver, Los Angeles and 30 other cities and counties because of policies that limit cooperation with federal immigration efforts. US District Judge William Orrick in San Francisco late Friday extended a preliminary injunction blocking the administration from cutting off or conditioning the use of federal funds for so-called sanctuary jurisdictions. His earlier order protected more than a dozen other cities and counties, including San Francisco, Portland and Seattle. The Trump administration has ratcheted up pressure on those communities as it seeks to make good on President Donald Trump's campaign promise to remove millions of people in the country illegally. One executive order issued by Trump directs Attorney General Pam Bondi and Homeland Security Secretary Kristi Noem to withhold federal money from sanctuary jurisdictions. Another order directs every federal agency to ensure that payments t
President Donald Trump has nominated his longtime aide Sergio Gor as the next US Ambassador to India. He will continue in his White House role until Senate confirmation
The move marks rare government intervention in the private sector to boost domestic manufacturing of semiconductors
Russian President Vladimir Putin on Friday voiced optimism about Russia-US ties, saying there was light at the end of the tunnel in relations that have hit their lowest point in years, as the two sides explore cooperation on projects in the Arctic and Alaska. "As for our relations with the United States, they are at an extremely low level. I have said this many times. "However, there is a light at the end of the tunnel now that President (Donald) Trump has come to power, Putin said in televised remarks during a meeting with nuclear industry workers in the town of Sarov, the birthplace of the Soviet atomic programme. Relations between Moscow and Washington have sharply deteriorated over issues ranging from the Ukraine conflict, NATO's eastward expansion, and sanctions against Russia. Putin said Russia and the US are discussing the possibility of working together in the Arctic and Alaska. We are discussing with our American partners the possibility of working together in this field,
US President Donald Trump on Friday said Chicago will likely be the next target of his efforts to crack down on crime, homelessness and illegal immigration. Trump indicated that the Midwestern city could receive similar treatment to what he's done in Washington, DC, where he's deployed 2,000 troops on the streets. I think Chicago will be our next, Trump told reporters at the White House, later adding, And then we'll help with New York. The comments came as the Pentagon on Friday began ordering troops in Washington to carry firearms, though there have been no overt indications they have faced threats that would require them to carry weapons. Trump has repeatedly described some of the nation's largest cities - run by Democrats, with Black mayors and majority-minority populations - as dangerous and filthy. He singled out Chicago on Friday, calling it a mess and saying residents there are screaming for us to come" despite significant decreases in crimes of violence. Trump's suggestio