Tag: Donald Trump
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US Fed raises rates to battle inflation in move likely to rile Trump
The US Federal Reserve raised interest rates by 0.25 per cent to control high inflation and may raise them again later this year.
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White House chief of staff Susie Wiles says she’s cancer free
Susie Wiles oversaw Trump’s winning 2024 presidential campaign and has wielded major influence in his second administration.
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UN chief sounds alarm on AI risk after Trump plays it down
The statement comes amid growing calls from AI companies to slow the pace of the technology’s development.
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Hegseth avoids impeachment vote with early House election recess
The House won’t take a vote on impeaching Defense Secretary Pete Hegseth after House leaders decided to leave Washington a day earlier than planned.
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Sen. Blumenthal urges AI oversight: ‘We’re on the verge of losing control’
The Trump administration argues that beating China in the race to AI dominance is an all-important goal.
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Pentagon CTO says U.S. government shouldn’t take stakes in tech giants, questions adding AI rules
President Donald Trump has angrily pushed back on the calls from industry and lawmakers for an AI slowdown or greater regulation.
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House set to pass sweeping Russia sanctions bill honoring Lindsey Graham
The Lindsey Graham Russia sanctions bill is on a path to become law after the House votes in favor.
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Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
Rising oil prices and Treasury yields are lifting energy and borrowing costs for U.S. households, pushing consumers to draw more heavily on savings.
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Canada could become ‘first associate member’ of EU, bloc’s chief says
EU chief Ursula von der Leyen said the bloc wants to open the door for Canada to become its first associate member, signaling a major deepening of ties.
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Saudi says Houthis targeted Mecca with a drone, Iran-backed group rejects claim
The Organization of Islamic Cooperation condemned the strike as a “heinous” attack. Mecca is Islam’s holiest site and the focal point of the annual Hajj pilgrimage.
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