President Donald Trump said Wednesday that he “felt it was time” to hit Russia with tougher sanctions, a major escalation amid his latest attempt to pressure Vladimir Putin to end his war against Ukraine. “Today is a very important day in terms of what we’re doing. They are tremendous sanctions. They are very big,” Trump…
NEW YORK (AP) — U.S. stocks rose to record highs on Monday. The S&P 500 rose 1.1% and moved within 0.3% of its all-time high set earlier this month. The Dow Jones Industrial Average jumped 515 points, or 1.1%, and the Nasdaq composite gained 1.4%. Apple led the way, rising 3.9% amid optimism about demand…
By Kevin Buckland TOKYO (Reuters) – The Australian dollar rose on Monday, buoyed by reasons to be a little more optimistic about its biggest trading partner, China, with data showing its economy is reasonably resilient to U.S. tariffs and President Donald Trump toning down some of his trade rhetoric. The yen initially weakened when Sanae…
NEW YORK (AP) — Released from prison where he had been serving time for defrauding his campaign donors, former U.S. Rep. George Santos says he is humbled by his experience behind bars but isn’t worried about the “pearl clutching” of critics upset that President Donald Trump granted him clemency. “I’m pretty sure that if President…
President Donald Trump’s new tax bill reduces the income tax liability of many Americans. In total, about 40% of American households could pay $0 in federal income taxes in 2025, according to the Tax Policy Center (1). That’s in line with the 40% of households that had a $0 federal tax bill in 2022, under…
Arnold Schwarzenegger shared his two cents about Gov. Gavin Newsom’s Proposition 50 measure on “Real Time with Bill Maher” on Friday night, where he criticized the policy measure as “a big scam.” The actor, who served as California’s 38th governor between 2003 and 2011, made it clear that he was not a supporter of Newsom’s…
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar fell on Thursday as the trade war between China and the United States weakened investor confidence, while growing confidence that the U.S. Federal Reserve will cut its policy rate this year also weighed on the dollar. The euro rose 0.14% to $1.1664 in early trading, hitting…
Transportation Secretary Sean Duffy said Wednesday he will withhold $40 million from California because it is the only state that does not enforce English language requirements for truckers. An investigation launched after a deadly crash in Florida involving a foreign truck driver who made an illegal U-turn on Aug. 12 found what Duffy called significant…
By Bhargav Acharya (Reuters) – The US military command in the Middle East on Wednesday called on Hamas to stop its violence against civilians in Gaza and disarm “without delay”, as the militant group asserts itself by deploying security forces and executing those it considers collaborators of Israel. Hamas, which has not publicly committed to…
President Donald Trump’s mass deportation plan didn’t get the seal of approval from two prominent MAGA voices, and according to MSNBC’s Nicole Wallace, the president will likely retaliate, adding that “it’s going to get worse.” On Monday, Wallace detailed that ICE’s aggressive entry into American cities across the country has proven unpopular even among Trump’s…
