Page 570 - World News

Hegseth to travel to Panama for meetings after Trump's demands for canal

President Donald Trump has complained about the US relinquishing control of the waterway to Panama more than 20 years ago and has threatened to retake it

From Ray-Bans to wigs, American buyers may see unexpected price hikes

During Trump's first term when he imposed much more limited tariffs on China, many companies reported they lacked pricing power to pass on costs to consumers

Taiwan detects 12 Chinese aircraft, six naval vessels near its territory

Of the 12 aircraft sorties, nine crossed the median line of the Taiwan Strait and entered Taiwan's southwestern and eastern Air Defense Identification Zones (ADIZ)

Southeast Asian nations rush to avert tariff pain by accomodating Trump

Vietnam, Cambodia and Indonesia signalled willingness to negotiate Trump's new reciprocal tariffs, while Singapore said it has no plans to retaliate against the US trade measures

Microsoft employees protest at 50th anniversary party over Israel contract

The protest began as Microsoft AI CEO Mustafa Suleyman was presenting product updates and a long-term vision for the company's AI assistant product, Copilot

Senate holds late vote on GOP tax cuts, spending plan key to Trump agenda

Throughout the day, the debate was generally one-sided, as Democrats were taking full advantage of 25 hours of their available debate time

Congress can block Trump's tariffs, but Republicans aren't ready to use it

Despite Trump's break from GOP free trade values and Congress's power over tariffs, most Republican lawmakers remain unwilling to challenge the president's actions

US Energy Dept flags thousands of nonessential jobs for possible DOGE cuts

The jobs at risk include more than 8,500 positions across the Energy Department and the National Nuclear Security Administration -- which upgrades and maintains the nation's nuclear warheads

BlackRock CEO Larry Fink's pay rises 14% to $30.8 million in 2024

In February, BlackRock said it was awarding Fink, 72, additional pay perks known as carried interest tied to its push into private markets

Facing funding cuts, Cornell, Brown look to short-term borrowing for cash

By tapping commercial paper or selling longer-term debt, colleges can keep their cash stockpiles to help weather the uncertainty

TikTok deal collapses as China objects to Trump's reciprocal tariffs

In a post on his Truth Social network, Trump reiterated his desire for China to help negotiate a sale and suggested that the US could provide tariff relief in exchange for Beijing's approval

Trump's reciprocal tariffs to push US economy into recession: JPMorgan

JPMorgan's forecast came alongside similar changes from other banks, which have been slashing projections for US growth this year since the tariff announcement

Trump tariff carnage drags Nasdaq near bear territory; Dow falls 4.4%

Second day of market chaos since Trump tariff announcement; Nasdaq drops 20% from all-time closing highs

Meta to replace fact-checking with Community Notes, announces Joel Kaplan

Joel took to X to announce this significant decision, a topic that has been widely debated in recent months. His post stated that there would no longer be any new fact-checkers

Giving another 75 days to TikTok to find US buyer, says Prez Trump

My Administration has been working very hard on a Deal to SAVE TIKTOK, and we have made tremendous progress, Trump posted on his social media platform

Private sector forecasters see greater recession risk: Fed's Jerome Powell

Powell further said that he is not going to leave the chairmanship of the central bank before his term comes to an end. "I fully intend to serve all of my term," he said

SpaceX's private crew returns to Earth after polar-orbiting mission

The quartet, who rocketed from NASA's Kennedy Space Center on Monday night, returned off the Southern California coast. It was the first human spaceflight to circle the globe above the poles

Canada loses jobs in March for first time since 2022 on tariff uncertainty

Most economists had expected the job market to start showing signs of weakening as companies held back on investments and hiring due to the uncertain tariff situation

Canada loses jobs in March for first time since 2022 on tariff uncertainty

Most economists had expected the job market to start showing signs of weakening as companies held back on investments and hiring due to the uncertain tariff situation

Meta's content moderation contractor to cut 2,000 jobs in Barcelona

A Meta spokesperson said the company has moved the services that were being performed from Barcelona to other locations and the company is not reducing its content review efforts