WASHINGTON -Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to let him remove Democratic members from two federal labor boards while legal fights over the Republican president’s dismissals of them play out. The Justice Department made the request…

CHICAGO -U.S. pediatricians and infectious disease experts say the fight against rising measles cases nationwide is being hampered by a lack of forceful advocacy for vaccination from government health officials and statements on unproven treatments that are confusing parents. Since…

WASHINGTON -President Donald Trump’s White House intends to challenge a judge’s ruling lifting the restrictions it imposed on the Associated Press over the news agency’s reference to the Gulf of Mexico in its coverage, the administration told the court on…

WASHINGTON – U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediately.

LONDON – The tariff shock and recession fears that have sent world stocks into a tailspin over the last week are rolling into corporate funding markets, raising the cost of borrowing and disrupting financing plans even for lower-risk companies. With…

A U.S. appeals court cleared the way on Wednesday for 18 federal agencies to once again fire thousands of employees who lost their jobs as part of President Donald Trump’s purge of the federal workforce but were later reinstated by…

WASHINGTON -The U.S. Senate on Wednesday backed former Arkansas Governor Mike Huckabee to be ambassador to Israel, installing a staunch pro-Israel conservative in the high-profile post amid war in Gaza and relations complicated by U.S. tariffs. The Senate backed Huckabee…

WASHINGTON -The U.S. Senate Commerce Committee voted 16-12, largely along party lines on Wednesday, to advance the Trump administration’s nominee to oversee a $42-billion government fund to bring high-speed broadband internet to unserved parts of the U.S. Arielle Roth, who…

WASHINGTON – FBI Director Kash Patel was removed as the Acting Director of the Bureau of Alcohol, Tobacco, Firearms and Explosives and replaced by U.S. Army Secretary Daniel Driscoll, seven people familiar with the matter said on Wednesday. Driscoll will…

PANAMA CITY – U.S. Defense Secretary Peter Hegseth said on Wednesday he sees the Panama Canal as key terrain that Panama should secure together with the United States and not with China, adding it was important to protect it from…

WASHINGTON – U.S. Trade Representative Jamieson Greer told lawmakers on Wednesday that President Donald Trump was not trying to re-invigorate trade with Russia by sparing Russian goods from new tariffs, but it was up to Trump whether to impose any…

Elon Musk’s xAI has nearly doubled gas turbines at its Tennessee data center, exceeding previously known figures and surpassing the number for which the company has submitted permits, according to a letter from community groups to the county’s health department….

U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources and analysts said, an obstacle to President Trump’s plan to boost oil output. Trump’s pledge…

The U.S. corporate bond market has shut again after opening for just one bond offering on Tuesday, as spreads in the week after President Donald Trump’s Liberation Day tariffs have widened the most since 2023’s regional banking crisis. Since Trump’s…

Traton reported a 10% drop in first-quarter deliveries and said the quarter’s operating will fall short of market expectations, Volkswagen’s trucks business said on Wednesday. The company said it sold 73,100 trucks and buses in the first quarter, compared with…

BEIJING/BRUSSELS/WASHINGTON -China and the European Union announced new trade barriers on U.S. goods on Wednesday in response to steep duties imposed by U.S. President Donald Trump, escalating a global trade war that has hammered markets and raised the likelihood of…

Individual investors have been working the phones for advice in the wake of U.S. President Donald Trump’s sweeping tariff announcements which have sparked fears of a recession. Among the most nervous are those approaching retirement, as the market slide wreaks…

NEW YORK – U.S. judges said on Wednesday they would impose new limits on President Donald Trump’s attempts to deport alleged Venezuelan gang members under a wartime law, after the U.S. Supreme Court struck down a broad ban on such…

LONDON – Blackstone has said it has closed a 9.8 billion euro ($10.8 billion) European property fund, as it bets on signs of recovery for the sector despite deepening market turmoil. The fundraise for the Europe Real Estate Partners VII…

GENEVA -China told the World Trade Organization on Wednesday that the United States’ decision to impose what it has called reciprocal tariffs on Beijing threatens to further destabilise global trade. “The situation has dangerously escalated. …As one of the affected…

NEW YORK – JPMorgan Chase CEO Jamie Dimon said on Wednesday that sweeping tariffs imposed by U.S. President Donald Trump will probably lead to a recession and defaults by borrowers, he told Fox Business’ Mornings with Maria. “So long as…

ATHENS – Thousands of Greeks gathered in Athens on Wednesday to demand higher wages to cope with rising living costs and a one-day strike left ferries docked at ports, flights grounded and trains at a standstill. Along with air traffic…

WASHINGTON – How concerned Federal Reserve officials were over stagflation risks as they met last month may become more clear on Wednesday in a readout of a gathering held before President Donald Trump’s April 2 tariff announcement shook markets and…

HONG KONG – China began censoring some tariff-related content on social media on Wednesday after U.S. “reciprocal” tariffs on dozens of countries took effect, including massive 104% duties on Chinese goods, while posts criticising the U.S. were top hits. Hashtags…

WASHINGTON  -The head of U.S. forces for the Indo-Pacific, Admiral Samuel Paparo, said on Wednesday he would be advocating “most strongly” for the continuation of USAID funding to the Pacific Islands region, where U.S. influence is being contested by China….

LONDON -The United States has withdrawn from talks in London looking at advancing decarbonisation in the shipping sector and Washington will consider “reciprocal measures” to offset any fees charged to U.S. ships, a diplomatic note said. Delegates are at the…

SHAOXING, China – Chinese producers of plastic Christmas trees and other festive decorations say orders from U.S. clients, which are crucial for their business, should have started to come in by now. But because of surging import tariffs, they haven’t….

MADRID – Spain will pursue closer trade ties with China in the interests of its citizens and of the EU, its agriculture minister Luis Planas said on Wednesday, rejecting a U.S. warning that moving closer to the Asian country would…

BEIJING – China needs to implement more proactive macroeconomic policies and roll them out in a timely manner as “external shocks” have put pressures to China’s economic stabilisation, Premier Li Qiang said on Wednesday, according to state media. During a…

U.S. stock index futures moved sharply lower on Wednesday after China announced additional tariff measures on U.S. goods, retaliating to President Donald Trump’s reciprocal tariffs which came into effect. China will impose 84% tariffs on U.S. goods from Thursday, up…