Politics
Democrats push back against Trump’s growing crypto empire
Jonathan Raa | Nurphoto | Getty Images Democrats turned up the pressure on President Donald Trump’s cryptocurrency ventures this week and the fortune that he and his family are making off the efforts as a vote rolls forward on a key crypto bill. Thursday’s vote on the GENIUS ACT, a bill to establish federal rules […]
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Why U.S. air traffic control is stretched so thin — and the fight to fix it
An airport control tower is seen at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers have been under strain for years, but a 90-second equipment failure last week exposed how decades of staffing shortages, underinvestment and patchwork solutions for those who guide planes […]
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Trump administration to announce U.S. will call Persian Gulf the Arabian Gulf during Middle East visit: Report
Strait of Hormuz in the Persian Gulf. Stocktrek | Photodisc | Getty Images DUBAI, Unites Arab Emirates — President Donald Trump’s administration reportedly plans to announce that the U.S. will officially call the Persian Gulf the Arabian Gulf or Gulf of Arabia, a move that would be welcomed by Arab Gulf leaders and likely draw […]
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EU to unveil next steps in U.S. tariff countermeasures on Thursday
Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing digital economic cooperation between the European Union and Singapore. Roslan Rahman | Afp | Getty Images The European Union’s executive […]
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EU to set out next countermeasures against U.S. tariffs on Thursday
Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing digital economic cooperation between the European Union and Singapore. Roslan Rahman | Afp | Getty Images The European Commission will […]
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Germany finally has a leader. Now comes the hard part for Friedrich Merz
Friedrich Merz, Germany’s chancellor, takes the chancellor’s seat, after swearing an oath, at the Bundestag in Berlin, Germany, on Tuesday, May 6, 2025. Krisztian Bocsi | Bloomberg | Getty Images After some dramatics, and around 10 weeks after the German election, Europe’s largest economy finally has a leader: Friedrich Merz. His ascension didn’t come easy […]
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Trump tariffs and export curbs on China cast a cloud over major chip stocks
Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images Uncertainty — that was the theme during earnings season for the world’s biggest semiconductor firms which are unclear on demand for their products as a result of changing U.S. tariff policy and export restrictions that have been […]
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India says it carried out military strikes against Pakistan as tensions spiral after Kashmir killings
Security personnel stand guard near Dal Lake in Srinagar, India, on May 6, 2025. Basit Zargar | AFP | Getty Images India early on Wednesday said its armed forces had conducted strikes against Pakistan and what it calls Pakistan-occupied Jammu and Kashmir, targeting “terrorist infrastructure.” “Our actions have been focused, measured and non-escalatory in nature. […]
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Trump officials to meet with Chinese counterparts on trade, economic matters
US Secretary of Treasury Scott Bessent speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025. Mandel Ngan | Afp | Getty Images President Donald Trump’s Treasury Secretary, Scott Bessent, and top trade official Jamieson Greer will meet with their Chinese counterparts in Switzerland […]
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Trump downplays tariff deals as U.S. trade talks falter
U.S. President Donald Trump meets with Canadian Prime Minister Mark Carney (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., May 6, 2025. Leah Millis | Reuters “The Art of the Deal” author President Donald Trump said in a surprising comment Tuesday that the United States does not need to “sign […]
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