Breaking News: Politics
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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Global stock markets are calling Trump’s bluff on tariffs
WASHINGTON, DC – JULY 7: An aide picks up a page from a letter to Japan and South Korea, signed by U.S. President Donald Trump, announcing 25% tariffs beginning on August 1st, during the daily press briefing in the Brady Press Briefing Room at the White House on July 7, 2025 in Washington, DC. Andrew […]
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Trump’s tariffs could overshadow the red carpet as Macron meets King Charles
France’s President Emmanuel Macron shakes hands with delegates as he is greeted upon arrival at RAF Northolt, west of London, on July 8, 2025, on the first day of a three-day state visit to Britain. French President Emmanuel Macron began a three-day state visit to Britain on Tuesday, which will see him address parliament and […]
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Tech founders call on Sequoia Capital to denounce VC Shaun Maguire’s Mamdani comments
Almost 600 people have signed an open letter to leaders at venture firm Sequoia Capital after one of its partners, Shaun Maguire, posted what the group described as a “deliberate, inflammatory attack” against the Muslim Democratic mayoral candidate in New York City. Maguire, a vocal supporter of President Donald Trump, posted on X over the […]
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Trump announces 25% tariffs on Japan, South Korea in first U.S. trade letters
U.S. President Donald Trump walks after disembarking Marine One as he arrives at the White House in Washington, D.C., U.S., July 6, 2025. Ken Cedeno | Reuters The United States will impose 25% blanket tariffs on imports from Japan and South Korea starting Aug. 1, President Donald Trump revealed Monday. Trump, in a pair of […]
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Trump administration teases more trade deals, but shifting tariff deadlines raise more questions
Treasury Secretary Scott Bessent on Monday said the Trump administration will make “several” trade-related announcements in the next 48 hours, signaling imminent progress even as U.S. tariff deadlines appear to be shifting. Speaking on CNBC’s “Squawk Box,” Bessent also declined, yet again, to rule out the possibility that he could serve as the next chair […]
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Trump advisor Navarro rips Apple’s Tim Cook for not moving production out of China fast enough
White House trade advisor Peter Navarro chastised Apple CEO Tim Cook on Monday over the company’s response to pressure from the Trump administration to make more of its products outside of China. “Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of […]
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CoreWeave to acquire Core Scientific in $9 billion all-stock deal
CoreWeave founders Brian Venturo, at left in sweatshirt, and Mike Intrator slap five after ringing the opening bell at Nasdaq headquarters in New York on March 28, 2025. Michael M. Santiago | Getty Images News | Getty Images Artificial intelligence hyperscaler CoreWeave said Monday it will acquire Core Scientific, a leading data center infrastructure provider, […]
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Apple appeals 500 million euro EU fine over App Store policies
Two young men stand inside a shopping mall in front of a large illuminated Apple logo seen through a window in Chongqing, China, on June 4, 2025. Cheng Xin | Getty Images Apple on Monday appealed what it called an “unprecedented” 500 million euro ($586 million) fine issued by the European Union for violating the […]
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Trump says Musk has gone ‘off the rails’ after Tesla CEO announces new political party
Tesla CEO Elon Musk and U.S. President Donald Trump at the Oval Office of the White House on May 30, 2025. Kevin Dietsch | Getty Images U.S. President Donald Trump lashed out against Elon Musk after he formed a new political party, calling the move “ridiculous,” and saying the tech billionaire had gone “completely off […]
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