President Donald Trump on Tuesday blasted some Republican members of Congress for trying to limit his presidential powers on instituting tariffs so that Congress could retake control. Trump delivered a speech to the National Republican Congressional Committee, calling out ‘rebel’ Republicans while speaking about his trade policies. ‘And then I see some rebel Republican, some guy […]
House Republicans are divided over how to proceed on a massive piece of legislation aimed at advancing President Donald Trump’s agenda as a possible vote on the measure looms Wednesday afternoon. The House Rules Committee, the final gatekeeper for legislation before a chamber-wide vote, is expected to consider the measure on Wednesday morning beginning at […]
Biden administration State Department officials held private talks with Beijing counterparts about the Chinese spy balloon that intercepted U.S. airspace in 2023, and discussed the implications the balloon’s publicity would have on the relationship between the U.S. and China, according to Trump administration officials. U.S. officials identified the spy balloon infiltrating U.S. airspace on Jan. […]
President Donald Trump is ratcheting up pressure on House Republicans to get going on a budget vote, with dozens opposing the plan or undecided. But things are looking dicey. After a White House meeting failed to seal the deal, Trump tried one more time at Tuesday evening’s NRCC dinner. It came as House GOP leaders […]
A Democratic group formed to counter Donald Trump’s tax policies is launching a Tax Day-themed ad criticizing the administration and Republican lawmakers over potentially pursuing cuts to Medicaid to fund the president’s agenda. Families Over Billionaires is putting six figures behind the ad that will run on social media and streaming platforms through Tuesday in […]
Vice President JD Vance spoke out against Sen. Mitch McConnell’s, R-Ky., vote against confirming Elbridge Colby to serve as undersecretary of defense for policy. ‘Mitch’s vote today—like so much of the last few years of his career—is one of the great acts of political pettiness I’ve ever seen,’ Vance declared in a post on X. […]
Indian stocks and the rupee dropped on Wednesday after the country’s central bank slashed interest rates for the second time this year. The blue-chip Nifty 50 index dropped by 0.65% to ₹22,400, while the BSE Sensex retreated to ₹74,000. The USD/INR exchange rate has surged in the past four straight days, moving from a low […]
In a coordinated effort to shore up investor confidence, top Chinese brokerages have pledged to help stabilize domestic share prices, the Shanghai bourse announced. This pledge comes as scores of listed companies unveiled plans to buy back their own stock, a response to the escalating trade war that has sent shockwaves through the local market. […]
Apple shares staged a rebound on Tuesday, after days of relentless selling that saw the tech giant’s market value tumble by $638 billion as investors appeared to take solace in hints of potential trade negotiations that could ease the tension. The stock rose by 4.5% in early trading; however, later in the day, it gave […]
Europe will likely only be able to produce a small portion of the rare earths it requires for electric vehicles and wind turbines, primarily due to inexpensive competition from China, the leading producer, Reuters reported on Tuesday. In recent years, Europe and the US have been making concerted efforts to bolster their domestic capabilities in […]