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14.01 / 02:49

wellness President War country peace International US to unveil Gaza governance plan despite concerns over Hamas

Subscribe to enjoy similar stories. WASHINGTON—The Trump administration will announce Wednesday the U.S. is moving to the next step of its Gaza plan and name a committee of Palestinians to temporarily run the bombed-out enclave, U.S.

14.01 / 02:03

markets Action Election President Justice consequences Department Powell-Trump clash: Central bank independence matters for economic growth and financial stability

Subscribe to enjoy similar stories. The latest spat between US Federal Reserve chair Jerome Powell and US President Donald Trump strikes at the very heart of what central banks hold dear as the key to not just long-term financial stability, but also economic growth: central bank independence. Calling the Department of Justice probe into the testimony he gave last year to a Senate panel on renovations of Fed buildings “unprecedented," Powell said he believed the action was a direct consequence of the president’s anger over the Fed’s refusal to reduce interest rates despite White House pressure.

14.01 / 01:33

markets UPS BLOCK Election President Justice Investigations Wall Street is suddenly on the defensive with the President

Subscribe to enjoy similar stories. Wall Street thought it had an ally in Donald Trump. He’s becoming more of an adversary.

14.01 / 01:33

UPS Trade President country Mint Quick Edit | Trump’s Iran tariff threat puts more at risk than the White House may have realized

Subscribe to enjoy similar stories. Even as US Ambassador to India Sergio Gor struck a positive note on bilateral ties, President Donald Trump has again put India in a difficult position by announcing a 25% tariff on countries trading with Iran. This could elevate the charge on Indian goods shipped to the US to 75% from an already-steep 50%.

14.01 / 01:33

UPS JPMorgan Remark President reports Investigations Jamie Dimon warns political interference with Fed would push up rates

Subscribe to enjoy similar stories. Jamie Dimon on Tuesday defended the independence of the Federal Reserve, saying that “anything that chips away" at the central bank’s independence “is not a good idea." Dimon, speaking with reporters after JPMorgan Chase issued its fourth-quarter earnings results, said political interference with the Fed would cause interest rates to go up, contrary to President Trump’s stated goal of getting rates to go lower.

13.01 / 15:23

markets COST President Justice Department Courts Investigations The Fed isn’t out of the woods yet. A bigger test is coming.

Subscribe to enjoy similar stories. In his second term, President Donald Trump has attacked Federal Reserve Chair Jerome Powell and his underlying institution with little impact on the markets. That may soon change as investors digest the administration’s criminal investigation into Powell for allegedly lying to Congress.

13.01 / 12:19

Action security Trade President country politician Mexico rejects Trump’s plea for US forces to take on cartels

Subscribe to enjoy similar stories. MEXICO CITY—President Claudia Sheinbaum said Monday she rejected an offer from President Trump to use the U.S. military against the country’s drug cartels, as Mexican security officials grow concerned about potential American demands in the wake of Venezuelan leader Nicolás Maduro’s ouster.

13.01 / 04:15

COST UPS economy Election President Universities show In pivot on affordability, Trump unveils barrage of proposals to address costs

Subscribe to enjoy similar stories. On Monday, President Trump surprised Democratic Sen. Elizabeth Warren with a phone call after she criticized him during a speech on affordability.

13.01 / 03:05

UPS Progressive Action President Swimming country International America’s climate retreat should galvanize global action: The cause is vital, not US participation

Subscribe to enjoy similar stories. What does the US withdrawal from 66 international organizations, especially the United Nations Framework Convention on Climate Change (UNFCCC), mean for the already half-hearted multilateral efforts to tackle one of our biggest ever problems? Very simply, the glacial pace of progress in tackling climate change is likely to slow down further. The US has now pulled out from all major initiatives to keep the planet we inhabit from warming too much.

13.01 / 01:45

UPS President country reports White House weighs Iran’s nuclear-talks offer as Trump leans toward strikes

Subscribe to enjoy similar stories. WASHINGTON—The White House is weighing a last-ditch Iranian offer to engage in diplomacy over curbing its nuclear program even as President Trump currently leans toward authorizing fresh military strikes on Iran, U.S. officials say.

13.01 / 01:39

Trade President country social Courts US to impose 25% tariff on countries doing business with Iran, Trump says

Subscribe to enjoy similar stories. The U.S. will put a 25% tariff on any country that does business with Iran, President Trump said on Monday, raising pressure on the Middle Eastern nation after days of protests against the government.

13.01 / 01:39

markets COST economy President Justice Investigations The Fed-Trump feud: What you need to know

Subscribe to enjoy similar stories. The Justice Department’s investigation of Federal Reserve Chair Jerome Powell represents an escalation of an unprecedented White House campaign to shape what happens at the central bank. The investigation is centered on testimony Powell gave to Congress last summer, when he defended the Fed’s expensive efforts to renovate its headquarters in Washington.

13.01 / 01:39

Election President Justice PAM 2020 Department Investigations Trump has complained about Pam Bondi repeatedly to aides

Subscribe to enjoy similar stories. President Trump has complained to aides repeatedly in recent weeks about Attorney General Pam Bondi, describing her as weak and an ineffective enforcer of his agenda, administration officials and other people familiar with his complaints said. The criticisms appear to be part of an intense campaign by Trump to pressure the Justice Department to more aggressively pursue his priorities, some of the officials said.

12.01 / 14:07

UPS Williams President Justice Department Videos Investigations For years, Powell avoided fighting Trump. That’s over.

Subscribe to enjoy similar stories. For years, Federal Reserve Chair Jerome Powell has responded to President Trump’s broadsides in ways that generally avoided escalation. That changed on Sunday night.

12.01 / 12:43

markets Trade President performer Investigations Gold breaks through $4,600 on Fed concerns, haven boost

Subscribe to enjoy similar stories. Gold prices climbed to a record high, breaking above $4,600 a troy ounce as a criminal probe into Federal Reserve Chair Jerome Powell revived concerns over the central bank’s independence, while protests in Iran boosted demand for safe-haven assets. In midmorning European trading Monday, futures in New York rose 2.2% to $4,600.50 an ounce after touching an intraday high of $4,612.70.

12.01 / 12:43

markets Action wellness President Justice testing Department With Fed in the crosshairs, Trump the ‘everywhere’ president tests the ‘everything’ rally

Subscribe to enjoy similar stories. The dollar fell the most in three weeks in overnight trading, while Treasury bond yields retreated and gold soared to a fresh record high as global markets reacted to a U.S.

12.01 / 12:43

UPS Target Action Trade President country Chinese trade is thriving despite America’s attacks

Subscribe to enjoy similar stories. Since Donald Trump returned to office, one country has borne the brunt of his fury. “We’ve been ripped off by every country in the world," he declared in April, “but China is the…‘chief-ripper-offer’".

12.01 / 11:25

COST UPS Provident NVIDIA wellness President Profiles The dark horse of AI labs

Subscribe to enjoy similar stories. Perhaps it is inevitable that Anthropic, an artificial-intelligence (AI) lab founded by do-gooders, attracts snark in Silicon Valley. The company, which puts its safety mission above making money, has an in-house philosopher and a chatbot with the Gallic-sounding name of Claude.

12.01 / 06:47

COST Career Trade President Justice Courts Investigations Trump’s investigation of Powell is also a warning to the next Fed chair

Subscribe to enjoy similar stories. The criminal investigation into Federal Reserve Chair Jerome Powell isn’t ultimately about the Fed’s headquarters, or Powell, or even interest rates. It’s about power.

12.01 / 03:45

President Justice Department Videos Investigations Federal Reserve received Justice Department subpoena threatening criminal indictment

Subscribe to enjoy similar stories. The Federal Reserve received grand jury subpoenas from the Justice Department on Friday that threaten a criminal indictment relating to Chair Jerome Powell’s testimony last summer about the central bank’s building renovation project, the Fed chair said in a video statement on Sunday night.

12.01 / 01:25

COST economy Sustainability President show country politician Pessimism is the world’s main economic problem

Subscribe to enjoy similar stories. POSITIVE THINKING can help people who are feeling down. Politicians, too, have long understood that gloomy expectations can become self-fulfilling.

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