Politics
Trump signals more tariff letters coming Wednesday
President Donald Trump, accompanied by U.S. Secretary of State Marco Rubio (L) and U.S. Defense Secretary Pete Hegseth (R), discusses his decorating of the Cabinet Room during a cabinet meeting at the White House on July 08, 2025 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump signaled he would send more letters […]
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Embattled Iran slams consequences of war on oil markets
Dilara Irem Sancar | Anadolu | Getty Images Iran’s oil minister on Wednesday criticized the effects of war-led disruptions to oil markets, weeks after Tehran’s 12-day hostilities with Israel sent crude price soaring. In remarks via videoconference for the OPEC seminar in Vienna, Mohsen Paknejad said, “Whatever the cause, an aggression of war that leads […]
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European Union in limbo as Washington keeps it waiting on a trade agreement
The European Union (EU) is stuck in limbo as uncertainty persists around when a trade agreement with the U.S. might be reached. The goal had been to agree on a framework by July 9, when a temporary reprieve from U.S. President Donald Trump’s “reciprocal” tariffs was initially meant to expire. The EU was seemingly still […]
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Trump’s tariffs on cars, copper, drugs, aluminum could hit harder than other levies
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters As President Donald Trump’s tariffs against more than a dozen countries spark fresh concerns about looming country-specific trade measures, often overlooked are the levies on specific products and commodities that […]
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Supreme Court allows Trump to proceed with large-scale government agency staff cuts, reorganizations
The US Supreme Court is seen in Washington, DC on June 24, 2025. Mandel Ngan | AFP | Getty Images The Supreme Court on Tuesday said it will allow the Trump administration to proceed with large-scale reductions in staff at many federal government agencies while opponents continue to seek to block those efforts in lower-court […]
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Trump ‘not happy with Putin,’ accuses Russian leader of throwing ‘bulls—‘
U.S. President Donald Trump speaks during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | Reuters President Donald Trump said Tuesday that he was “not happy” with Vladimir Putin over the ongoing war on Ukraine, and accused the Russian leader of throwing ‘bulls—‘ at the United States […]
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Trump says he will impose 50% tariff on copper imports
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on July 8, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump said he will impose a 50% tariff on copper imports on Tuesday, and suggested more steep sector-specific duties are on the […]
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White House: Odds of tariff-related inflation are low, like ‘pandemics or meteors’
A top White House economic advisor on Tuesday likened the odds that President Donald Trump’s tariffs will lead to higher prices to those of a meteorite striking earth. “Rare events happen. We get pandemics or, or meteors or whatever,” said Stephen Miran, chairman of Trump’s Council of Economic Advisers, on CNBC’s “Squawk Box.” But “there’s […]
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Former UK Prime Minister Rishi Sunak returns to Goldman Sachs
Rishi Sunak on the grid before the F1 Grand Prix of Great Britain on July 06, 2025 at Silverstone Circuit in Northampton, England. Bob Kupbens | Icon Sportswire | Getty Images Former U.K. Prime Minister Rishi Sunak is set to rejoin Goldman Sachs as a senior adviser, the bank announced Tuesday, a year after his […]
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IRS says churches can endorse political candidates without losing tax-exempt status
A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., April 11, 2025. Jonathan Ernst | Reuters The IRS said in a new federal court filing that churches can endorse political candidates to their congregations without risking the loss of their tax-exempt status. The move upends a 70-year-old interpretation of the U.S. […]
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