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Subscribe to enjoy similar stories.Sen. Tim Scott called President Trump on Tuesday with a last-ditch plea.The president was on the verge of publicly endorsing Texas Attorney General Ken Paxton in the state’s tightly contested Republican primary.

Subscribe to enjoy similar stories.Brokerage firms facing scrutiny over a potential compliance violation have long been able to help their cause by engaging with regulators throughout the process. Now Finra, the brokerage industry’s self-regulatory organization, is piloting a new self-reporting initiative that could bring Finra’s inquiries to an end sooner and potentially avoid penalties.Leaders of Finra’s enforcement division described reforms to the organization’s processes at a recent conference in Washington, stressing the importance of volunteering information that could help regulators understand more about the firm’s operations, what might have gone wrong from a compliance perspective, and what the firm is doing to address the issue.At the outset of an investigation, Finra is inviting firms, along with their outside counsel, to sit for an introductory meeting.

Subscribe to enjoy similar stories.American courts are not supposed to be venues for performance art. If counter-parties in a lawsuit do not have adverse interests—say, because they answer to the same person—judges balk. So when Donald Trump sued his own administration seeking $10bn in damages, the judge had questions.

Subscribe to enjoy similar stories.Cubans contending with widespread blackouts and growing desperation increasingly hope that a U.S. pressure campaign will lead to change on the island, even as the Communist government projects defiance.Many see a chance for greater freedom and economic transformation, even as others vow to resist any American military intervention.

Subscribe to enjoy similar stories.There was a telling moment on the second day of Donald Trump’s visit to Beijing. America’s president was strolling with Xi Jinping through the gardens of Zhongnanhai, the Chinese leadership compound, on May 15th.

Subscribe to enjoy similar stories.KYIV—Ukraine’s military has wrestled Russia’s much-larger army almost to a halt in recent months, having gained a tactical and technological edge.This summer will test whether it can turn that slender advantage into a strategic turning point.Fast-improving Ukrainian drone capabilities are hurting the invaders’ logistics behind the battlefield, and pounding oil infrastructure and military targets deeper inside Russia.“We are not only holding the line, but we are also increasing pressure,” Ukrainian Defense Minister Mykhailo Fedorov said in April. Russia’s monthly casualties now exceed its army recruitment, he said.

Subscribe to enjoy similar stories.WASHINGTON—President Trump said he would hold off on a planned U.S. attack on Iran at the request of Gulf leaders to make room for negotiations with Tehran over a prospective deal to end the war.In a social-media post on Monday, Trump said he had directed Defense Secretary Pete Hegseth and other U.S.

Subscribe to enjoy similar stories.The arrival Tuesday of Russian President Vladimir Putin in Beijing will mark a watershed moment for Chinese leader Xi Jinping, one that he has pursued since taking power in 2012—and bet his country’s future to achieve.Welcoming Moscow’s ruler just days after President Trump’s motorcade swept out of the Chinese capital represents, for Xi, a vindication of 14 years of relentless economic competition with the U.S. and his strategic embrace of the Kremlin through the Ukraine war.

Subscribe to enjoy similar stories.Shortly before the 2024 election that would move him back into the White House, Donald Trump took a phone call on his plane from a secret supporter.Nicki Minaj was on the line, and she wanted Trump to know she was supporting his re-election, according to people familiar with the matter.Trump’s campaign managers, sensing an opportunity to score an endorsement from the rap world’s most popular female star, asked Minaj to take her support public. But Minaj—and her management team—said she needed to stay behind the scenes because taking a political stance posed a risk to her brand and businesses, some of these people said.Not anymore.Today, the 43-year-old best known for chart toppers like “Starships,” for leading an online army of mega-fans known as “Barbz” and for bringing a theatrical streak to contemporary hip hop has embraced a new status atop MAGA’s A-list.She has visited Trump in the Oval Office, spoken in support of administration priorities at the United Nations and encouraged her tens of millions of social-media followers to lobby their legislators on the White House’s behalf.

Subscribe to enjoy similar stories.IT WAS A tale of two summits. Meeting in China for the first time since 2017, Donald Trump and Xi Jinping committed to stabilising relations and suggested that they had reached new agreements on trade and other areas.

Subscribe to enjoy similar stories.President Donald Trump and Chinese leader Xi Jinping spent their first day of bilateral talks on Thursday showing an eagerness to manage the economic rivalry between their countries.Trump talked about the possibility of increased economic ties, and Xi held out the possibility of U.S. companies enjoying “even broader prospects in China.”Even the most glaring point of friction in the talks – a warning from Xi that differences over Taiwan could lead to conflict and jeopardize the relationship – could be an opportunity to dial down the tensions if the two economic powerhouses find ways to navigate their complicated relationship.“Trump and Xi are staking out their positions on geopolitical issues that are of particular importance to each of them, while signaling some openness to being more accommodative on other subjects like trade, technology, and market opening,” says Eswar Prasad, a Cornell economics professor and former head of the China division for the International Monetary Fund.China greeted Trump and a delegation of more than a dozen chief executives from U.S.

Subscribe to enjoy similar stories.Tesla’s stock rose early, then fell, then rose again on Wednesday as CEO Elon Musk heads to China.Shares of the electric-vehicle maker traded up early, then dropped to as low as $430.21 before rising to $445.27, up 2.7% on the day, while the S&P 500 gained 0.6% and the Dow Jones Industrial Average fell 0.1%Tesla shares fell 2.6% on Tuesday, snapping a four-day winning streak that raised Tesla stock more than 14%. One thing sending shares higher was the hope that Tesla was close to receiving approval to sell its Full Self Driving, or FSD, driver-assistance product in China.Americans can pay $99 a month for FSD.

Subscribe to enjoy similar stories.For the last few years, Jerome Powell would walk past a portrait of Arthur Burns on his way to his office, addressing him silently.I’m not going to be you.Burns, the Fed chair under Richard Nixon, embodied two failures: He allowed inflation to get out of control, and he yielded to a president who wanted lower interest rates.Powell faced both hazards—inflation and presidential pressure—and more during his eight years as chair. The Fed won broad credit for its novel pandemic response, took a share of the blame for the high prices that followed and confounded predictions by bringing inflation down without a recession.

Subscribe to enjoy similar stories.When President Trump arrives in Beijing this week for a summit with Xi Jinping, the Iran file will likely be on the agenda—whether or not either leader wants it there.Just last week, Iranian Foreign Minister Abbas Araghchi made his first trip to Beijing since the war began, a visit timed to land days before Trump’s plane touches down. The choreography was hardly subtle. Tehran wanted to remind Washington that Iran still has a friend in the world’s second-largest economy.

Subscribe to enjoy similar stories.BEIJING—When President Trump returns to China nearly a decade after his last visit, he will find a country that is more self-sufficient, militarily assertive and economically insulated from the tools the president has used to stymie it and its ambitions.China has caught up to or surpassed the U.S. in technologies such as batteries, robotics and advanced manufacturing.

Subscribe to enjoy similar stories.An ex-convict who is missing part of his right arm and has two titanium plates in his head, Vyacheslav Kudryashev might not seem like the best soldier to put in the vanguard of a military offensive.But for four days last year, he was at the tip of Russia’s spear, trying to pierce Ukraine’s defenses in the kind of infantry assault that is yielding meager gains and heavy losses for Russian troops.After more than four years of war, Russian President Vladimir Putin is far from achieving his goal of dominating Ukraine and facing mounting criticism at home. Russian forces are struggling to advance on the battlefield despite some 25,000 wounded and dead a month, say Western officials and military analysts.

Subscribe to enjoy similar stories.DUBAI—The United Arab Emirates has carried out military strikes on Iran, people familiar with the matter said, casting the Gulf monarchy as an active combatant in a war in which it has been Iran’s biggest target.Its military is well-equipped with Western-made jet fighters and surveillance networks. And the attacks suggest the country is now more willing to use them to protect its economic power and growing influence across the Middle East.The strikes, which the U.A.E.

Subscribe to enjoy similar stories.New Delhi: After halting new cooking gas connections and extending refill booking periods, oil marketing companies (OMCs) are turning to tax data to weed out ineligible beneficiaries of the direct benefit transfer scheme for LPG (DBTL), even as high energy prices raise the possibility of a fuel price hike.Indian Oil Corp. Ltd, Bharat Petroleum Corp.

Subscribe to enjoy similar stories.AMERICANS ARE not famous for their love of vegetables. The staples of American cuisine are starchy, cheesy and heavy on meat. One vegetable, though, sneaks into everything: the tomato.

Subscribe to enjoy similar stories.A little-known Iraqi tycoon named Ali Al Zaidi has emerged as the likely next prime minister of Iraq with the backing of President Trump, who has invited the businessman to Washington and said the U.S. “is with him all the way.”The White House endorsement has come with a demand that Zaidi exclude Iranian-backed militias from Iraq’s next government and curtail Tehran’s influence in Baghdad.He has faced similar U.S. pressure before: Zaidi owns a bank that the Treasury banned from dollar transactions in 2024 over suspicions it was doing business with a militia leader linked to Iran’s Islamic Revolutionary Guard Corps, current and former U.S.

Subscribe to enjoy similar stories.WASHINGTON—As the heads of the world’s two superpowers meet in Beijing this week, President Trump and Chinese leader Xi Jinping will have another nation looming over their summit: Iran.The long anticipated meeting has already been delayed once due to the U.S. and Israel’s war against Iran, which has led to the closure of the Strait of Hormuz.