Politics
Trump says Murdochs potential TikTok deal partners
U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | ReutersPresident Donald Trump said Sunday that conservative media baron Rupert Murdoch and his son Lachlan are likely to be involved in the...
Trump and MAGA movement will honor Charlie Kirk at Arizona memorial
A large banner is installed prior to the Charlie Kirk memorial services at State Farm Stadium on Saturday, Sept. 20, 2025, in Glendale, Arizona.Ross D. Franklin | AP PhotoPresident Donald Trump and prominent members of his "Make America Great Again" movement will pay...
H-1B visa applications renewals by state
Cristian Storto Fotografia | Istock | Getty ImagesThe Trump administration on Friday said it would impose a $100,000 charge for H-1B worker visas in a move that could have far-reaching ramifications for industries in the U.S. — with the tech sector likely to see the...
U.S. House lawmakers make rare China visit to stabilize ties
U.S. lawmakers head to a meeting with Chinese Premier Li Qiang at the Great Hall of the People in Beijing on Sept. 21, 2025.Mahesh Kumar A. | Afp | Getty ImagesA group of U.S. lawmakers on a rare visit to Beijing told China's No.2 leader, Premier Li Qiang, that the...
Trump Jimmy Kimmel Disney ABC
Randy Holmes | Contributor | Getty ImagesJimmy Kimmel's fate at ABC is still up in the air as talks with Disney reportedly continue.The late-night host is in ongoing discussions with Disney and ABC executives about the conditions under which his long-running show...
Trump H-1B visa tech foreign governments
U.S. President Donald Trump speaks as he sits next to a "Trump Gold Card" sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | ReutersMajor technology companies and foreign governments are rushing to respond after...
Ted Cruz compares FCC Chair Carr to Mafia boss in Jimmy Kimmel warnings
Senate Judiciary Committee member Sen. Ted Cruz (R-TX) presides over a subcommittee hearing hearing in the Dirksen Senate Office Building on Capitol Hill on June 3, 2025 in Washington, DC.Chip Somodevilla | Getty ImagesRepublican Sen. Ted Cruz of Texas sharply...
Former Disney CEO Eisner backs Jimmy Kimmel, blasts FCC ‘intimidation’ of ABC
FILE PHOTO: Michael Eisner, Michael Eisner, chairman of Topps Co. and former chief executive officer of Walt Disney Co., speaks during an interview in New York.Andrew Harrer | Bloomberg | Getty ImagesFormer Disney CEO Michael Eisner on Friday issued a statement...
Trump’s $15 billion suit against NY Times struck as ‘improper,’ judge allows refiling
U.S. President Donald Trump prepares to announce an agreement with British Prime Minister Keir Starmer (not pictured) between the two countries, at Chequers at the conclusion of a state visit on Sept. 18, 2025 in Aylesbury, Britain. Leon Neal | Via ReutersA federal...
Trump, Xi call on TikTok deal underway
Chinese President Xi Jinping and U.S. President Donald Trump.Dan Kitwoodnicholas Kamm | Afp | Getty ImagesPresident Donald Trump and Chinese leader Xi Jinping on Friday began a much-anticipated call aimed at finalizing a deal to keep TikTok from going dark in the...
Stephen Colbert defends Jimmy Kimmel, calls Trump autocrat
The Late Show with Stephen Colbert during Thursday's July 25, 2019 show.CBS Photo Archive | CBS | Getty ImagesStephen Colbert gave a full-throated defense of suspended late-night show colleague Jimmy Kimmel on Thursday night and called President Donald Trump an...
Trump admin asks Supreme Court to allow Fed governor Lisa Cook firing
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022.Al Drago | Bloomberg | Getty ImagesThe Trump administration on Thursday asked the Supreme Court to lift lower...
Trump suggetst pulling TV licenses after Jimmy Kimmel suspended
US President Donald Trump speaks during a joint press conference with Britain's Prime Minister Keir Starmer (unseen) following their meeting at Chequers, in Aylesbury, central England, on Sept. 18, 2025, on the second day of the US President's second State...
Trump hints at ‘good news’ coming on the Russia-Ukraine war
U.S. President Donald Trump looks on next to Russian President Vladimir Putin during a press conference following their meeting to negotiate an end to the war in Ukraine, at Joint Base Elmendorf-Richardson, in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque |...
FCC’s Carr says Jimmy Kimmel appeared to ‘mislead’ public on Charlie Kirk killing
FCC Chairman Brendan Carr testifies before the House Appropriations Subcommittee on Financial Services and General Government at the Rayburn House Office Building on May 21, 2025 in Washington, DC. John Mcdonnell | Getty ImagesFederal Communications Commission...
China’s defense minister urges greater unity to avoid ‘law of the jungle’
China's Defence Minister Dong Jun speaks at the opening ceremony of the Xiangshan Forum at the Beijing International Convention Center in Beijing on September 18, 2025.Greg Baker | Afp | Getty ImagesChina's defence minister on Thursday urged greater efforts for global...
Trump’s state visit gets down to business as he heads to meet Starmer
U.S. President Donald Trump and King Charles III during a state banquet at Windsor Castle for the State visit by the President of the United States of America on September 17, 2025 in Windsor, England. Wpa Pool | Getty Images News | Getty ImagesU.S. President Donald...
Jimmy Kimmel show off air over Charlie Kirk comments
On Tuesday, May 13, 2025 at North Javits in New York City, an incredible roster of all-star talent will tout their connections to storytelling, Disney, and each other while showcasing their latest projects for the upcoming year.Michael Le Brecht | Disney General...
Bessent made same claims Trump cited to fire Lisa Cook
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Wednesday, Aug. 13, 2025.Michael Nagle | Bloomberg | Getty ImagesTreasury Secretary Scott Bessent once agreed to call two different houses his "principal residence" at...
Johnson says Republicans won’t bend on Obamacare
House Speaker Mike Johnson accused Democrats in Congress on Wednesday of inserting "partisan political preferences" into the government funding fight, and said they are risking a shutdown if they don't drop their demands."It doesn't make any sense, and they're going...
RCI strip club executives charged with bribery, tax fraud
Five top executives of publicly traded strip club operator RCI Hospitality Holdings — including its CEO Eric Langan — have been indicted in connection with a multi-million-dollar criminal tax fraud and bribery scheme, New York Attorney General Letitia James announced...
Trump, Jeffrey Epstein images projected on Windsor Castle
An image of U.S. President Donald Trump alongside disgraced financier Jeffrey Epstein is projected on Windsor castle, after U.S. President Donald Trump and first lady Melania Trump arrival for a state visit to the country, in Windsor, Berkshire, Britain Sept. 16,...
What does the UK want from Trump during his state visit?
Viscount Hood, Lord-in-Waiting, right, greets U.S. President Donald Trump, center, and First Lady Melania Trump as they disembark from Air Force One after arriving at London Stansted Airport in Stansted, UK, on Tuesday, Sept. 16, 2025.Bloomberg | Bloomberg | Getty...
Tyler Robinson charged with aggravated murder
Utah County Attorney Jeffrey S. Gray speaks during a press conference about the charges and next steps in the case of Tyler Robinson, who is suspected of fatally shooting U.S. right-wing activist and commentator Charlie Kirk, an ally of U.S. President Donald Trump, in...
No evidence of primary residence violation by Fed Gov Lisa Cook, says Michigan official
The property tax authority in Ann Arbor, Michigan, said that Federal Reserve Governor Lisa Cook hasn't broken rules for tax breaks on a home there that Cook declared her primary residence.The finding, which came in response to a Reuters request that the city...
Israel launches ground invasion of Gaza City
Palestinians watch as the Al-Ghafri tower collapses amid heavy smoke during an Israeli strike in the Rimal neighborhood of Gaza City, on Sept. 15, 2025. Nurphoto | Nurphoto | Getty ImagesNearly two years into its retaliatory military offensive in the Gaza Strip,...
Trump Fed pick Stephen Miran confirmed by Senate before FOMC meeting
Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025. Aaron Schwartz | Bloomberg | Getty ImagesThe Senate on Monday confirmed President Donald Trump's...
Stephen Miller vows vengeance for Kirk’s murder
The White House has ramped up its vow for vengeance in the wake of conservative activist Charlie Kirk's assassination, with deputy chief of staff Stephen Miller promising to bring the resources of the federal government to bear against what he described as "terrorist...
Trump cannot fire Fed’s Lisa Cook before FOMC meeting, appeals court rules
Lisa Cook, governor of the US Federal Reserve, during the Thomas Laubach Research Conference hosted by the US Federal Reserve Board of Governors in Washington, DC, US, on Friday, May 19, 2023. Al Drago | Bloomberg | Getty ImagesA federal appeals court ruled Monday...
Trump sues The New York Times for $15 billion, alleging defamation and libel
U.S. President Donald Trump speaks during an event to sign a memorandum to send federal resources to Memphis, Tennessee, for a surge against local crime, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 15, 2025. Jonathan Ernst | ReutersU.S....
The UK and Keir Starmer need Trump’s state visit right now
U.S. and U.K. banners are installed by engineers from The Flag Consultancy in the street outside Windsor Castle on September 12, 2025 in Windsor, England. U.S. President Donald Trump is making an official state visit to the UK from 17 to 19 September. Leon Neal |...
Trump seeks to limit fallout from Hyundai immigration raid
A protest banner depicting U.S. President Donald Trump at Incheon International Airport in South Korea, on September 12, 2025, after the touchdown of a plane holding hundreds of South Korean workers who were detained as part of a U.S. immigration raid at a Hyundai-LG...
Trump DOJ sued by Epstein prosecutor Maurene Comey over ‘illegal’ firing
Maurene Comey, Assistant U.S. Attorney and prosecutor on Combs' case, arrives at the Federal courthouse during the Sean "Diddy" Combs' sex trafficking and racketeering conspiracy trial at U.S. court in Manhattan, in New York City, U.S., May 21, 2025.Brendan McDermid |...
Trump tariffs fueling inflation: congressional budget chief
Congressional Budget Office director Phillip Swagel said Monday that President Donald Trump's tariffs appear to have pushed inflation up higher than CBO analysts had initially expected. His views differ from those of Wall Street analysts, many of whom have been...
Utah Gov. Cox shares new details
Utah Governor Spencer Cox attends a press conference after U.S. right-wing activist, commentator, Charlie Kirk, an ally of U.S. President Donald Trump, was fatally shot during an event at Utah Valley University, in Orem, Utah, U.S. September 10, 2025. Jim Urquhart |...
Democrats dig in on health care as threat of government shutdown looms
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks to reporters as Senate Democratic leaders hold a press conference following their weekly policy lunch on Capitol Hill in Washington, D.C., U.S., Sept. 9, 2025. Elizabeth Frantz | ReutersCongressional Democrats...
Trump Fed Lisa Cook appeals court
Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023. Anna Rose Layden | Bloomberg | Getty ImagesFederal Reserve Governor...
Drone breaches Romanian airspace during Russian attack on Ukraine
Romanian soldiers ride an ATV down a street in the village of Plauru, Danube Delta, 300kms east of Bucharest, Romania, on September 12, 2023. Mihai Barbu | Afp | Getty ImagesRomania scrambled fighter jets on Saturday when a drone breached the country's airspace during...
U.S., Chinese officials talks in Spain on trade, TikTok deadline
The U.S. and China flags stand behind a microphone at the U.S. Embassy in Beijing on April 9, 2009.Frederic J. Brown | AFP | Getty ImagesU.S. and Chinese officials meet in Madrid on Sunday to hash over longstanding trade irritants, a looming divestiture deadline for...
Ready to impose sanctions on Russia if NATO does the same
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | ReutersPresident Donald Trump said Saturday he is "ready to do major Sanctions on Russia" once all...
Patel FBI congressional hearings Kirk assassination
FBI Director Kash Patel attends a press conference announcing details on the suspect in the shooting of U.S. conservative commentator Charlie Kirk, who was fatally shot during an event at Utah Valley University, in Orem, Utah, on Sept. 12, 2025.Cheney Orr |...
UN assembly backs two-state solution to Israel-Palestinian conflict
The U.N. General Assembly voted overwhelmingly Friday to support a two-state solution to the Israel-Palestinian conflict and urge Israel to commit to a Palestinian state, which Prime Minister Benjamin Netanyahu vehemently opposes.The 193-member world body approved a...
Fed Governor Cook declared her Atlanta property as ‘vacation home,’ documents show: Reuters
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022.Ting Shen | Bloomberg | Getty ImagesA loan estimate for an Atlanta home purchased by Lisa Cook, the Federal...
National Guard going to Memphis next to address ‘crime’
U.S. President Donald Trump makes a fist before boarding Marine One upon departure for New York, as the Washington Monument stands in the background, in Washington, D.C., U.S., Sept. 11, 2025.Evelyn Hockstein | ReutersPresident Donald Trump said Friday that he will...
Trump says Charlie Kirk shooting suspect is in custody
U.S. President Donald Trump speaks to the media before boarding Marine One upon departure for New York, in Washington, D.C., U.S., Sept. 11, 2025. Evelyn Hockstein | ReutersPresident Donald Trump on Friday said the suspected shooter of conservative political activist...
How Russia’s salami strategy is testing NATO and the West
Russian President Vladimir Putin (L) observes an exhibition as Presidential Deputy Chief of Staff Sergey Kiriyenko (Kirienko) (R) looks on while visiting the All-Russian Scientific Research Institute Of Experimental Physics on August 22, 2025 in Sarov,...
Trump asks court to let him fire Lisa Cook before next Fed meeting
U.S. President Donald Trump and Lisa Cook, governor of the U.S. Federal ReserveAnnabelle Gordon | Reuters | Al Drago | Bloomberg | Getty ImagesLawyers for President Donald Trump on Thursday asked a federal appeals court to let his bid to fire Federal Reserve Board...
Brazil’s Bolsonaro guilty of coup charges, court majority decides in landmark trial
Former Brazilian president Jair Bolsonaro was convicted by a Supreme Court majority on Thursday of plotting a coup to remain in power after losing the 2022 election, a powerful blow to the populist far-right movement he created.The presumptive ruling by a majority of...
Lutnick says U.S. will share profits until $550 billion recouped
U.S. Secretary of Commerce Howard Lutnick speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., Sept. 11, 2025. Brendan McDermid | ReutersCommerce Secretary Howard Lutnick said Thursday that the U.S. will equally...
Hyundai, LG workers caught up in immigration raid fly home to South Korea
Detainees board a bus, during a raid by federal agents where about 300 South Koreans were among 475 people arrested at the site of a $4.3 billion project by Hyundai Motor and LG Energy Solution to build batteries for electric cars in Ellabell, Georgia, U.S. September...
What comes next as Trump responds to Russia’s drone incursion
U.S. President Donald Trump and Russian President Vladimir Putin arrive for a press conference at Joint Base Elmendorf-Richardson on Aug. 15, 2025 in Anchorage, Alaska.Andrew Harnik | Getty ImagesRussia's drone incursion into Poland now poses an acid test for NATO and...
Trump says ‘country will heal’ after assassination
President Donald Trump told CNBC on Thursday that he believes "the country will heal" in the wake of conservative activist Charlie Kirk's assassination.CNBC's Joe Kernen said Trump lamented Kirk's death in a phone call, describing himself as "devastated." Kernen said...
Charlie Kirk shooting: Police recover gunman's rifle and 'good video footage'
Kirk, a close ally of President Donald Trump, was killed by a gunman during a political event at Utah Valley University in Orem.
U.S. appeals court reinstates Copyright Office director fired by Trump
Shira Perlmutter, Register of Copyrights and Director of the U.S. Copyright Office, testifies during a Senate Judiciary Subcommittee on Intellectual Property oversight hearing of the United States Copyright Office, Nov. 13, 2024, on Capitol Hill in Washington.Mariam...
Who was Trump ally and conservative activist Charlie Kirk?
FILE PHOTO: Founder and president of Turning Point USA Charlie Kirk speaks at the Conservative Political Action Conference (CPAC) at National Harbor in Oxon Hill, Maryland, U.S., February 28, 2019. Kevin Lamarque | ReutersConservative political activist Charlie...
Secret Service at Trump golf club missed gun during search in August
US President Donald Trump checks his phone as he departs from Trump National golf course in Sterling, Virginia on August 31, 2025, en route to the White House. Andrew Caballero-reynolds | Afp | Getty ImagesThe U.S. Secret Service during a security screening missed...
China-led ‘anti-Western alliance’ is worrisome, security expert warns
In this pool photograph distributed by the Russian state agency Sputnik, (L-R) Russia's President Vladimir Putin walks with China's President Xi Jinping and North Korea's leader Kim Jong Un before a military parade marking the 80th anniversary of victory over Japan...
Trump ally Charlie Kirk shot at Utah Valley University
Conservative activist Charlie Kirk was shot Wednesday during an event at Utah Valley University, authorities said.Kirk, 31, was shot at least once just after noon local time, about 20 minutes into a presentation, UVU said in a statement."He was hit and taken from the...
Trump ally Charlie Kirk reported shot at Utah college event
Trump ally Charlie Kirk reported shot at Utah college event
Trump appeals order blocking him from firing Fed Governor Lisa Cook
US President Donald Trump speaks during a Religious Liberty Commission meeting at the Museum of the Bible in Washington, DC, US, on Monday, Sept. 8, 2025. Bloomberg | Bloomberg | Getty ImagesPresident Donald Trump on Wednesday appealed a federal judge's order blocking...
Detained Hyundai and LG plant workers expected to fly to South Korea
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees waiting to have their legs shackled at the Hyundai Motor Group’s electric vehicle plant, on Thursday, Sept. 4, 2025, in Ellabell, Ga.Corey Bullard...
Labor Dept. internal watchdog launches probe of BLS data collection
Erin Scott/Bloomberg via Getty ImagesThe Labor Department's Office of Inspector General said Wednesday it is reviewing the "challenges" that the Bureau of Labor Statistics is facing in its data-collection efforts.The internal watchdog, in a letter, said it was...
Trump Fed nominee Stephen Miran advanced by Senate Banking Committee
Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, DC, US, on Tuesday, June 17, 2025. Aaron Schwartz | Bloomberg | Getty ImagesThe Senate Banking Committee voted Wednesday to advance the...
If Supreme Court blocks Trump tariffs, Congress will respond: House tax chair
House Ways and Means Committee Chairman Jason Smith said Tuesday he would "respond accordingly" if President Donald Trump's levies are overturned by the Supreme Court, but stopped short of pledging to move them through Congress.The Republican from Missouri said he has...
Princeton researcher Tsurkov released from militia captivity in Iraq
Members of the Palestinian Prisoners Committee hold a rally outside the International Committee of the Red Cross (ICRC) office in Gaza City on July 17, 2023, demanding the Iraqi government to include Palestinian prisoners in Israeli jails in the exchange for...
Trump presses European Union to impose 100% tariffs on India and China to pressure Putin
FILE PHOTO: U.S. President Donald Trump talks to the press on the South Lawn of the White House, in Washington, U.S., September 7, 2025. Annabelle Gordon | ReutersU.S. President Donald Trump has asked the European Union to hit China and India with tariffs of up to...
Trump blocked from firing Fed Governor Lisa Cook for now
Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System during a ceremony at the William McChesney Martin Jr. Building of the Federal Reserve May 23, 2022 in Washington, DC. Drew Angerer | Getty ImagesA judge on...
Sen. Cruz introduces AI sandboxing bill to reduce regulatory burdens
U.S. Senator Ted Cruz (R-TX) speaks during a press conference at the U.S. Embassy, in Mexico City, Mexico, Aug. 29, 2025. Eloisa Sanchez | ReutersA new bill from Senate Commerce Chair Ted Cruz, R-Texas, would take a step toward regulating artificial intelligence when...
Supreme Court will hear Trump tariffs case on fast track
The Supreme Court on Tuesday granted the Trump administration's request to hear its appeal of lower court rulings that many of President Donald Trump's wide-ranging tariffs are illegal.The Supreme Court also agreed with the administration's request to consider the...
Poland shoots down Russian drones, Ukraine says Putin testing the West
A Polish air force F-16 is flanked on either side by Dassault Rafale fighter jets as they perform a flyover during the National Army Day military parade in Warsaw, Poland, on August 15, 2025.Nurphoto | Nurphoto | Getty ImagesPoland's military on Wednesday decried an...
Europe and the U.S. talk Russia sanctions as attacks ramp up
BRUSSELS, BELGIUM - JUNE 15: Flags are places at EU Council Building prior to the meeting of U.S President Joe Biden, European Council President Charles Michel and President of the European Commission, Ursula von der Leyen for US-EU Summit in Brussels, Belgium on June...
Trump admin hits Biden economy, BLS, Powell after jobs data
The US Department of Labor headquarters in Washington, DC, US, on Monday, Aug. 11, 2025. Bloomberg | Bloomberg | Getty ImagesThe White House used revised jobs data released Tuesday as fodder to criticize three frequent targets of President Donald Trump: the Bureau of...
Israel targets top Hamas officials in Qatar strike
Israel on Tuesday carried out an attack on senior Hamas officials in Qatar's capital city of Doha.The Israel Defense Forces announced the "precise strike" in a social media post, accusing the targeted leaders of being "directly responsible" for the massacre of...
U.S. energy chief Chris Wright says net zero by 2050 is unrealistic
U.S. Energy Secretary Chris Wright departs after speaking during a television interview outside of the White House on August 19, 2025 in Washington, DC.Anna Moneymaker | Getty Images News | Getty ImagesU.S. Energy Secretary Chris Wright has lambasted plans to reach...
Trump tariff refunds possible as Supreme Court fight looms
President Donald Trump speaks to reporters after stepping off Air Force One on September 7, 2025 at Joint Base Andrews, Maryland. Kevin Dietsch | Getty ImagesThe United States government has already collected tens of billions of dollars from President Donald Trump's...
What happens next in France after another PM is ousted?
French President Emmanuel Macron speaks with the media after a meeting with U.S. President Donald Trump, Ukrainian President Volodymyr Zelenskiy and European leaders, amid negotiations to end the Russian war in Ukraine, at the French Embassy in Washington, D.C., U.S.,...
India urges BRICS partners to address trade deficits as China calls for unity
RIO DE JANEIRO, BRAZIL - JULY 6: Russia's Foreign Minister Sergey Lavrov, UAE's President Sheikh Mohamed bin Zayed al-Nahyan, Indonesia's President Prabowo Subianto, South Africa's President Cyril Ramaphosa, Brazil's President Luiz Inacio Lula da Silva, India's Prime...
Trump’s Epstein letter and drawing from ‘birthday book’ released
Zoom In IconArrows pointing outwardsHouse Democrats on Monday released a screenshot of what appears to be a letter signed by President Donald Trump that was included in a collection of notes sent to notorious sex offender Jeffrey Epstein for his 50th birthday in...
French prime minister Francois Bayrou ousted in confidence vote
French Prime Minister Francois Bayrou reacts after the result of a vote on a motion of no-confidence against the French government at the National Assembly in Paris, France, Jan. 16, 2025. Benoit Tessier | ReutersFrench Prime Minister Francois Bayrou and his centrist...
Trump asks Supreme Court to keep billions in foreign aid frozen
US President Donald Trump speaks to reporters after stepping off Air Force One upon returning to Joint Base Andrews in Maryland on September 7, 2025. Mandel Ngan | Afp | Getty ImagesThe Trump administration on Monday asked the Supreme Court for an emergency order to...
Trump loses bid to overturn $83.3 million judgment in E. Jean Carroll defamation case
Writer E. Jean Carroll arrives at the 2nd U.S. Circuit Court of Appeals, where former U.S. President Donald Trump will arrive to ask a federal appeals court to overturn a $5 million jury verdict finding him liable for sexually assaulting and defaming her, who accused...
Trump ready for ‘phase two’ of Russia sanctions over Ukraine conflict
U.S. President Donald Trump listens during a meeting with Ukrainian President Volodymyr Zelenskyy (not pictured) and European leaders amid negotiations to end the Russian war in Ukraine, at the White House in Washington, D.C., U.S., August 18, 2025.Alexander Drago |...
French PM Bayrou faces the axe as lawmakers prepare for confidence vote
Erlend Robaye | Erroba | Getty ImagesFrance is preparing for more political and economic upheaval, as Prime Minister Francois Bayrou and his minority government look highly likely to fall in a confidence vote later Monday.Bayrou is unlikely to get the necessary votes...
Trump tariffs Treasury Secretary Bessent Supreme Court
US Secretary of the Treasury Scott Bessent speaks as US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC on September 5, 2025. Mandel Ngan | Afp | Getty ImagesTreasury Secretary Scott Bessent said Sunday that he is...
U.S. to target more businesses after Hyundai raid, top official says
U.S. President Donald Trump's "border czar" Tom Homan speaks during a press briefing at the White House in Washington, D.C., U.S., April 28, 2025. Evelyn Hockstein | ReutersPresident Donald Trump's administration plans to target more businesses for immigration...
South Korea U.S. Georgia factory
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees waiting to have their legs shackled at the Hyundai Motor Group’s electric vehicle plant, on Thursday, Sept. 4, 2025, in Ellabell, Ga.Corey Bullard...
Japan Prime Minister Ishiba Shigeru announces resignation
Japan's prime minister, Shigeru Ishiba.Bloomberg | Bloomberg | Getty ImagesJapan's Prime Minister Shigeru Ishiba announced Sunday he will step down from his post after weeks of mounting pressure for his resignation."I made a difficult decision to step down," Ishiba...
Postal traffic to U.S. sank 80% after low-value parcel exemption ended
FILE PHOTO: U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | ReutersPostal traffic into the United States plunged by more than 80% after the Trump administration...
Japan PM Ishiba will resign to avoid party split, media report
Japan's Prime Minister Shigeru Ishiba at the White House in Washington, U.S., on Feb. 7, 2025.Kent Nishimura | ReutersEmbattled Japanese Prime Minister Shigeru Ishiba will resign to avoid a split within his ruling party, Japanese media reported on Sunday, pitching the...
Trump administration weighs post-war redevelopment plan
This picture taken from Israel's border with the Gaza Strip shows smoke billowing over destroyed buildings during an Israeli strike on the besieged Palestinian territory on July 17, 2025. Jack Guez | AFP | Getty ImagesA document detailing plans for post-war Gaza aims...
Trump’s World Liberty token falls in first day of trading
Donald Trump Jr. and Eric Trump pose for pictures outside the Nasdaq building after ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and adoption of its $WLFI Treasury Strategy at the Nasdaq Market, in New York City, U.S., August 13,...
Bessent expects Supreme Court to uphold legality of Trump’s tariffs but eyes Plan B
U.S. Treasury Secretary Scott Bessent looks on during an event with U.S. President Donald Trump and Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty ImagesU.S. Treasury Secretary...
Key takeaways from Beijing’s push to reshape global order
30 August 2025, China, Tianjin: The flag of China (r-l) flies alongside the flags of India, Kazakhstan, Pakistan and other countries represented at the Shanghai Cooperation Organization summit. The ten member states of the regional security organization are meeting...
Trump broke law in California National Guard deployment
The National Guard, police and protesters stand off outside of a downtown jail in Los Angeles following two days of clashes with police during a series of immigration raids on June 08, 2025 in Los Angeles, California. Spencer Platt | Getty ImagesA federal judge on...
Former Fed Gov. Kugler’s property records deepen mystery of her resignation
Former Federal Reserve Governor Adriana Kugler's abrupt resignation from the board on Aug. 1 – and her unexplained absence at a key meeting two days earlier – left the financial community shocked and confused.Nominated by Democratic former President Joe Biden to fill...
Bill Pulte accused Fed Governor Lisa Cook of fraud. His relatives filed housing claims similar to hers: Reuters
Bill Pulte, Director of the Federal Housing Finance Agency, speaking on CNBC's Squawk Box on Sept. 4th, 2025.CNBCClose relatives of the federal official who has accused a Federal Reserve governor of improperly claiming primary residence on two properties have declared...
New York Mayor Eric Adams stays race after Trump nomination talk
New York City Mayor Eric Adams looks on during a House Oversight and Accountability Committee hearing to examine the jurisdiction of "sanctuary cities" on Capitol Hill in Washington, D.C., U.S., March 5, 2025. Kent Nishimura | ReutersNew York City Mayor Eric Adams...
Trump threatens trade probe after ‘discriminatory’ EU fines against Google, Apple
US President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. Will Oliver | Bloomberg | Getty ImagesPresident Donald Trump on Friday threatened to launch a trade investigation...
Supreme Court needs tariff decision quickly
US President Donald Trump speaks in the Oval Office of the White House in Washington, DC, on September 2, 2025. Trump announced that US Space Command will move its headquarters from Colorado to Alabama. fSaul Loeb | Afp | Getty ImagesRead more CNBC politics...
Fed Governor Lisa Cook did not commit mortgage fraud: lawyer
Lisa Cook, governor of the Federal Reserve, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024.Al Drago | Bloomberg | Getty ImagesFederal Reserve Board Governor Lisa Cook "did not ever commit mortgage fraud," her lawyer Abbe Lowell said Tuesday...
Newsmax lawsuit against Fox News dismissed; judge lets outlet refile
News anchors work at Newsmax's booth during the second day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, July 16, 2024.Patrick T. Fallon | Afp | Getty ImagesA federal judge dismissed Newsmax's antitrust lawsuit against Fox...
The lawyer squaring off against Trump in Fed fight
Attorney Abbe Lowell, representing Federal Reserve Governor Lisa Cook, arrives at federal court in Washington, DC, US, on Friday, Aug. 29, 2025. Al Drago | Bloomberg | Getty ImagesWhen President Donald Trump abruptly announced last week that he had fired Federal...
Trump appeals ruling on National Guard LA deployment
Police and national guards take measures as thousands of anti-ICE protesters are gathered outside of the Federal Building in Los Angeles, California on June 9, 2025 amid protests over immigration raids. Tayfun Coskun | Anadolu | Getty ImagesPresident Donald Trump on...
Trump calls Epstein files distraction, victims want them released
U.S. President Doanld Trump and the President of Poland Karol Nawrocki meet in the Oval Office at the White House in Washington, D.C., U.S., September 3, 2025. REUTERS/Brian SnyderBrian Snyder | ReutersPresident Donald Trump on Wednesday called demands that his...
Newsmax sues Fox News for allegedly abusing monopoly power
Sign at the main entrance to the FOX News Headquarters at NewsCorp Building in Manhattan. Erik Mcgregor | Lightrocket | Getty ImagesNewsmax filed a lawsuit Wednesday accusing conservative media giant Fox News of acting as a monopoly and suppressing its right-leaning...
White House advisor Hassett expects jobs report to revise up
Kevin Hassett, Chairman of the National Council of Economic Advisors, answers questions during a television interview outside the West Wing of the White House f on August 06, 2025 in Washington, DC. Win Mcnamee | Getty ImagesWhite House economic advisor Kevin Hassett...
Trump firing of BLS chief will mean better job number accuracy: Lutnick
Commerce Secretary Howard Lutnick predicted that the Bureau of Labor Statistics' Friday jobs report would be more accurate as a result of President Donald Trump firing former Commissioner Erika McEntarfer last month.That prediction came less than an hour before the...
GOP senators not rushing Fed board replacement
Federal Reserve Governor Lisa Cook attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole economic symposium, "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy" in Jackson Hole, Wyoming, U.S., August 23, 2025. Jim Urquhart...
Ban on congressional stock ownership gains momentum with new bill
U.S. Representative Alexandria Ocasio-Cortez (D-NY), with Rep. Seth Magaziner (D-RI), Rep. Brian Fitzpatrick (R-PA), Rep. Anna Paulina Luna (R-FL) and Representative Chip Roy (R-TX), speaks at a news conference with a bipartisan group of House members to say they are...
Congress races to avoid government shutdown amid partisan standoff
Morning light hits the U.S. Capitol hours ahead of a press conference to discuss the Epstein Files Transparency bill, directing the release of the remaining files related to the investigations into Jeffrey Epstein and Ghislaine Maxwell, on Capitol Hill in Washington,...
Harvard funding freeze by Trump administration reversed by judge
Cambridge, MA - May 29: Law school graduates raise gavels during Harvard University's 374th Commencement on May 29, 2025. Craig F. Walker | Boston Globe | Getty ImagesA federal judge on Wednesday ruled that the Trump administration's freeze of $2.2 billion in grant...
Trump seeks to rebrand the Department of Defense as the Department of War
U.S. President Donald Trump speaks after signing an executive order, as U.S. Vice President JD Vance and U.S. Defense Secretary Pete Hegseth look on, in the Oval Office at the White House in Washington, D.C., U.S., August 25, 2025.Jonathan Ernst | ReutersPresident...
Trump asks Supreme Court to let him fire FTC commissioner Slaughter
Rebecca SlaughterLeah Millis | ReutersPresident Donald Trump on Thursday asked the Supreme Court to allow him to fire Federal Trade Commission commissioner Rebecca Slaughter, who lower courts ordered reinstated after he terminated her.Trump wants the Supreme Court to...
It’s been a miserable week for the UK
Britain's Prime Minister Keir Starmer chairs a roundtable with UK business leaders in Downing Street in London on April 3, 2025. Ben Stansall | Via ReutersWhile not alone in experiencing bond market volatility this week — with global yields rising among major...
New York AG appeals reversal of Trump’s $500 million fraud penalty
New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York State for three years, in the Manhattan borough of New...
White House hits out at Norway wealth fund over Caterpillar exit
U.S. President Donald Trump reacts as he and the President of Poland Karol Nawrocki (not pictured) meet in the Oval Office at the White House in Washington, D.C., U.S., September 3, 2025. Brian Snyder | ReutersThe U.S. administration struck out at Norway's $2 trillion...
Trump sued over National Guard deployment in DC
With the dome of the U.S. Capitol in the background, members of the DC National Guard keep watch outside Union Station after U.S. President Donald Trump deployed the National Guard and ordered an increased federal law enforcement presence to assist in crime...
Trump asks Supreme Court to take tariff appeal
U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025.Jonathan Ernst | ReutersPresident Donald Trump on Wednesday night asked the Supreme Court to quickly accept and rule on an appeal seeking to...
Pulte refuses to say where he got Lisa Cook mortgage fraud ‘tip’
Bill Pulte, President Donald Trump's housing finance chief, on Thursday repeatedly declined to offer any details about where he got the "tip" that led him to accuse Federal Reserve Governor Lisa Cook of mortgage fraud."I'm not going to explain our sources and methods,...
Trump warns says tariffs are ‘huge positive’ for stock market
U.S. President Donald Trump speaks during an event to honor recipients of the Purple Heart in the East Room of the White House on August 07, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesPresident Donald Trump on Friday warned U.S. courts against blocking his...
Trump’s Russia deadline is set to expire, with tariffs at stake
U.S. President Donald Trump speaks, as he makes an announcement on the economy, in the Oval Office at the White House in Washington, D.C., U.S., August 7, 2025. Jonathan Ernst | ReutersU.S. President Donald Trump's deadline for Russia to cease its war in Ukraine...
Trump signs memo requiring universities to disclose admissions data on race
U.S. President Donald Trump speaks, as he makes an announcement on the economy, in the Oval Office at the White House in Washington, D.C., U.S., August 7, 2025. Jonathan Ernst | ReutersU.S. President Donald Trump on Thursday signed a memorandum that requires...
Judge orders temporary halt to construction at Florida’s ‘Alligator Alcatraz’ detention center
Mary Kay burns incense at the entrance to the state-managed immigration detention center dubbed Alligator Alcatraz, located at the Dade-Collier Training and Transition Airport in the Florida Everglades on August 03, 2025 in Ochopee, Florida. Joe Raedle | Getty ImagesA...
The full list of U.S. tariffs in place around the world
President Donald Trump in the Oval Office of the White House in Washington, Aug. 6, 2025.Bonnie Cash/UPI/Bloomberg via Getty ImagesAfter months of policy pivots, delays and negotiations from President Donald Trump, dozens of key U.S. trading partners were hit Thursday...
Russia and UAE double down on trade, testing U.S. limits
Russia's President Vladimir Putin shakes hands with United Arab Emirates' President Sheikh Mohammed bin Zayed al-Nahyan during a meeting in Saint Petersburg, Russia, October 11, 2022.Pavel Bednyakov | Sputnik | via ReutersDUBAI, United Arab Emirates — United Arab...
Trump orders ‘new’ census that excludes undocumented immigrants
US President Donald Trump in the Oval Office of the White House in Washington, DC, US, on Wednesday, Aug. 6, 2025.Bonnie Cash/UPI/Bloomberg via Getty ImagesPresident Donald Trump on Thursday said he has ordered the U.S. Commerce Department to create a new U.S. census...
Trump vows 100% tariff on chips, unless companies are building in the U.S.
U.S. President Donald Trump speaks during an event with Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty ImagesPresident Donald Trump said Wednesday he will impose a 100% tariff on imports of...
Trump could meet Putin over Ukraine as soon as next week, official says
FILE PHOTO: U.S. President Donald Trump and Russian President Vladimir Putin hold a bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 28, 2019.Kevin Lamarque | ReutersPresident Donald Trump could meet Vladimir Putin as soon as next week, a White...
Trump’s defense of firing BLS chief relies on twisted timeline
President Donald Trump has tried to justify firing former Bureau of Labor Statistics Commissioner Erika McEntarfer by claiming that her agency's gold standard employment reports were "rigged" in order to harm him politically.Trump has provided no evidence to support...
5 soldiers shot at military base, Army says
This image from video provided by the U.S. Army via DVIDS shows the entrance to Fort Stewart in Georgia on Nov. 18, 2021.Staff Sgt. Daniel Guerrero/U.S. Army via APFive soldiers were shot Wednesday after an active shooter opened fire at Fort Stewart military base in...
Why India is in Trump’s crosshairs when crude is not even sanctioned
Technicians stand next to an oil rig which is manufactured by Megha Engineering and Infrastructures Limited (MEIL) at an Oil and Natural Gas Corp (ONGC) plant, during a media tour of the plant in Dhamasna village in the western state of Gujarat, India, August 26,...
Tim Cook to join Trump for Apple investment announcement
Apple CEO Tim Cook, left, and President Donald Trump speak to the press during a tour of the Flextronics computer manufacturing facility in Austin, Texas, where Apple's Mac Pros are assembled, Nov. 20, 2019.Mandel Ngan | AFP | Getty ImagesApple CEO Tim Cook will join...
Trump raises India tariffs to 50% over Russian oil purchases
US President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Modi will try to rekindle his bromance with DonalJim Watson | AFP | Getty ImagesThe White House announced Wednesday that...
Trump trade deal investment pledges are intentions, say partners, not gifts
President Donald Trump is taking a victory lap over the foreign investment pledges he has secured as part of several recent trade deals, variously describing the multi-billion dollar commitments as a "signing bonus" and "seed money" and a "gift.""If you look at Japan,...
Trump is hailing the EU’s $600 billion investment pledge — but it might never happen
Key PointsPresident Donald Trump is putting pressure on the European Union to make investments worth $600 billion in the U.S.The pledge is part of the EU-U.S. trade agreement, which also includes 15% tariffs on EU goods.The EU has said the investment will come from...
Trump administration to formally axe Elon Musk’s ‘five things’ email
Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025.Tom Brenner | The Washington Post | Getty ImagesThe Trump administration plans as soon as Tuesday to formally axe a program...
U.S. trade deficit hits a nearly 2-year low in June; China gap plunges
A ferry passenger looks at a cargo ship full of shipping containers at the port of Oakland, California, U.S., August 4, 2025. Carlos Barria | CbThe U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to...
Murdoch to give Trump health updates in Epstein case deposition delay
U.S. President Donald Trump and Rupert Murdoch. Kevin Lamarque | Ricky Carioti | Via ReutersConservative media baron Rupert Murdoch will give President Donald Trump regular updates on his health as part of an agreement to postpone Murdoch's deposition in Trump's $10...
Trump says new semiconductor tariff plan coming as soon as next week
President Donald Trump said Tuesday he will unveil new tariffs on semiconductors and chips as soon as next week."We're going to be announcing on semiconductors and chips, which is a separate category, because we want them made in the United States," Trump said during...
President Donald Trump to join ‘Squawk Box’ at 8 a.m. ET
President Donald Trump joins Squawk Box at 8 a.m. on August 5, 2025.President Donald Trump will join CNBC's "Squawk Box" on Tuesday around 8 a.m. ET for a wide-ranging conversation on the economy and the state of the U.S.Trump's interview comes as the administration...
Jobs data revisions are common. Here’s how the process works.
President Donald Trump fired the commissioner of the Bureau of Labor Statistics, claiming that last week's jobs report "was rigged" without providing any evidence.But former Labor Statistics officials say that the commissioner typically doesn't have a role in...
Brazil’s Bolsonaro arrested, adding to tensions with Trump
Brazil's Supreme Court put former President Jair Bolsonaro under house arrest on Monday ahead of his trial for an alleged coup plot, underscoring the court's resolve despite escalating tariffs and sanctions from U.S. President Donald Trump.Supreme Court Justice...
Trump undermines jobs data as White House defends firing of BLS chief
U.S. President Donald Trump walks towards reporters from Marine One at at the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania.Anna Moneymaker | Getty ImagesPresident Donald Trump and one of his top economic advisors on Monday stoked...
Trump says he will ‘substantially’ raise tariffs on India over Russian oil purchases
President Donald Trump said on Monday he will substantially raise tariffs on India over its purchases of Russian oil. "India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits....
EU will delay planned U.S. tariffs for six months
U.S. President Donald Trump meets with European Commission President Ursula von der Leyen, in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | ReutersThe European Union announced Monday that it will suspend for six months its planned countermeasures...
Trump and Carney to speak in the coming days, Canadian official says
Canadian Prime Minister Mark Carney speaks during a press conference after a Cabinet meeting to discuss both trade negotiations with the US and the situation in the Middle East, at the National Press Theatre in Ottawa, Ontario, Canada on July 30, 2025. Dave Chan | Afp...
Swiss tensions run high as clock ticks on U.S. tariff deadline
US President Donald Trump raises his fist upon arrival at the White House in Washington, DC, on August 3, 2025 after spending the weekend at his Bedminster residence.Mandel Ngan | Afp | Getty ImagesTensions and fears are running high in Switzerland, as the deadline to...
Trump White House struggles to justify firing of BLS chief
White House economic adviser Kevin Hassett speaks with reporters in the driveway outside the West Wing of the White House in Washington, DC, U.S., March 19, 2025. Kevin Lamarque | ReutersNational Economic Council Director Kevin Hassett on Sunday defended President...
Trump Fox News Jeanine Pirro U.S. Attorney District of Columbia
Jeanine Pirro is sworn in as the new interim U.S. Attorney for the District of Columbia during a ceremony hosted by U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 28, 2025. Leah Millis | ReutersThe Senate has confirmed former Fox News...
U.S. envoy tells hostage families he’s working on plan to end Gaza War
U.S. envoy Steve Witkoff (L) arrives to meet families of Israelis held hostage by Palestinian militants in the Gaza Strip since October 2023 as they demonstrate in Tel Aviv's 'Hostage' square on August 2, 2025. Witkoff met the anguished families as fears for the...
Appeals court blocks Trump immigration sweeps
A federal appeals court ruled Friday night to uphold a lower court's temporary order blocking the Trump administration from conducting indiscriminate immigration stops and arrests in Southern California.A three-judge panel of the Ninth U.S. Circuit Court of Appeals...
Texas researcher faces deportation after being held for a week at San Francisco airport
Travelers outside San Francisco International Airport (SFO) in San Francisco, California, US, on Friday, May 23, 2025. David Paul Morris | Bloomberg | Getty ImagesA researcher at Texas A&M University flying home from abroad was detained for more than a week...
Trump weak for firing BLS chief McEntarfer over jobs report: Wyden
The top Democrat on the Senate Finance Committee called President Donald Trump's firing of Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday "the act of somebody who is soft, weak and afraid to own up to the reality of the damage his chaos is...
Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets
President Donald Trump on Friday fired the Bureau of Labor Statistics commissioner, hours after the agency reported that job growth in the U.S. had slowed to a near-halt.In a Truth Social post that also directed even more fire at Fed Chair Jerome Powell, Trump accused...
Trump moved nuclear submarines after Russia’s Medvedev warns U.S.
President Donald Trump on Friday said that he ordered two nuclear submarines "to be positioned in the appropriate regions" in response to warnings made to the United States this week by high-ranking Russian official Dmitry Medvedev.Medvedev in a social media post on...
Epstein accomplice Ghislaine Maxwell moved to Texas prison
Ghislaine Maxwell attends day 1 of the 4th Annual WIE Symposium at Center 548 on September 20, 2013 in New York City.Laura Cavanaugh | Getty ImagesGhislaine Maxwell, the sex offender accomplice of Jeffrey Epstein, has been moved from a low-security federal prison in...
Another late-night Trump trade twist hours before the world hit go
Another day, another deadline and another trade curveball from U.S. President Donald Trump just before the buzzer.The tariff deadline was set for August 1. Markets were watching. Countries were calculating. And then, right before midnight, came another announcement:...
Trump’s tariffs rekindle global trade tensions
New U.S. tariffs 'reflect the first results of the EU-US deal,' EU trade chief saysWashington's new tariffs regime — which also confirmed rates agreed in recent days with trading partners such as Japan and the EU — "reflect the first results of the EU-US deal, esp....
Trump extends Mexico’s 25% tariffs for 90 days as talks continue
President Donald Trump on Thursday said he would not raise U.S. tariffs on Mexican goods beyond their current levels for 90 days, in order to give the neighboring countries time to strike a trade deal.Trump recently threatened to raise the blanket tariff rate on...
Court hears tariffs lawsuit oral arguments
President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April 2, 2025, in the Rose Garden at the White House. Demetrius Freeman/The Washington Post via Getty ImagesA federal appeals court on Thursday is set to hear...
Treasury Secretary Bessent says ‘we have the makings of a deal’ with China
Treasury Secretary Scott Bessent on Thursday expressed confidence that the U.S. and China are on the way to trade pact as a key tariff deadline nears."I believe that we have the makings of a deal," Bessent said during an interview on CNBC's "Squawk Box." "There's...
Trump fundraiser access scam nets guilty plea
The complaint and affidavit in support of an arrest warrant against Sherry Xue Li and Lianbo "Mike" Wang is photographed on Monday, July 18, 2022.Department of Justice | APA New York woman pleaded guilty Wednesday in connection with a years-long $30 million investment...
U.S. sanctions Brazilian judge targeted by Trump over Bolsonaro
The Minister of the Supreme Court of Brazil, Alexandre de Moraes, participates in the plenary session of the Supreme Court (STF) in Brazil on Feb. 20, 2025, after the Attorney General's Office (PGR) indicts the former president of Brazil, Jair Bolsonaro, for plotting...
Trump imposes 50% copper tariffs, White House says
Copper pipes are displayed in a home rebuilding store on July 9, 2025 in New York City.Spencer Platt | Getty ImagesPresident Donald Trump on Wednesday signed on order imposing a universal 50% tariff on copper imports, the latest metal he has targeted with a steep...
Trump Treasury Sec says don’t panic over tariff rate surge Aug. 1
U.S. Treasury Secretary Scott Bessent attends a press conference at government quarters Rosenbad after the trade talks between the U.S. and China concluded, in Stockholm, Sweden, July 29, 2025. Magnus Lejhall | TT | Via ReutersTreasury Secretary Scott Bessent on...
Jeffrey Epstein files sought from Trump admin by Democrats
U.S. Senate Minority Leader Chuck Schumer (D-NY) ) holds a press conference following the weekly caucus lunch on Capitol Hill in Washington, D.C., U.S., July 29, 2025. Kent Nishimura | ReutersA group of Senate Democrats on Wednesday cited an obscure law to ask the...
Trump says Friday tariff deadline ‘will not be extended’
U.S. President Donald Trump gestures before boarding Air Force One as he returns to Washington, D.C., in Lossiemouth, Scotland, Britain, July 29, 2025. Evelyn Hockstein | ReutersPresident Donald Trump said that he will not extend Friday's deadline for his "reciprocal"...
Trump sets 25% tariff for India plus ‘penalty’ for Russia trade
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC.Alex Wong | Getty Images News | Getty ImagesPresident Donald Trump said...
DOJ wants Jeffrey Epstein, Ghislaine Maxwell transcripts public
Jeffrey Epstein associate Ghislaine Maxwell listens to her sentencing from Judge Alison Nathan in a courtroom sketch in New York City, U.S. June 28, 2022. Jane Rosenberg | ReutersThe Department of Justice in late-night court filings on Tuesday gave federal judges...
Trump says Jeffrey Epstein stole Virginia Giuffre from Mar-a-Lago
Virginia Giuffre, an alleged victim of Jeffrey Epstein, walks after the hearing in the criminal case against Epstein, at Federal Court in New York, August 27, 2019.Shannon Stapleton | ReutersPresident Donald Trump on Tuesday said that Jeffrey Epstein "stole" Virginia...
Bessent to American businesses: 'Not the end of the world' if April 2 tariffs kick in
Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries' trade negotiations are unresolved.
EPA seeks to repeal finding that carbon dioxide emissions threaten public health
Smoke stacks from the Hugh L. Spurlock Generating Station are seen on June 12, 2025 in Maysville, Kentucky.Jeff Swensen | Getty ImagesThe Trump administration is seeking to repeal a landmark finding that greenhouse gas emissions pose a threat to public health, the...
UK plans to recognize Palestinian state in September unless Israel takes action
Britain said on Tuesday it would recognize a Palestinian state unless Israel takes steps to relieve suffering in Gaza, where starvation is spreading, and reaches a ceasefire in the nearly two-year war with Hamas.The warning came after a hunger monitor said a...
U.S.-China tariff pause not set, say Bessent, Greer
A potential extension of a tariff pause between the United States and China will not be agreed to until President Donald Trump signs off on the plan, U.S. negotiators said Tuesday.Trump "has final say on all the trade deals" and the pending tariff truce, Treasury...
Trump trade, tariff deals with all but China done soon: Lutnick
Commerce Secretary Howard Lutnick insisted Tuesday that President Donald Trump's upcoming Friday deadline to impose major tariffs on a slew of trading partners won't be delayed any further.But trade negotiations with China — the latest round of which are currently...
Can Hezbollah’s shadow economy be dismantled?
Vehicles transporting people who had fled southern Lebanon are slowed down by heavy traffic on the outbound road from Beirut, in the area of Khaldeh on November 28, 2024, a day after a cease fire between Israel and Hezbollah took hold. Ibrahim Amro | Afp | Getty...
Tariffs on de minimis packages won’t stop yet, says Court
U.S. President Donald Trump and British Prime Minister Keir Starmer (not pictured) hold a bilateral meeting at Trump Turnberry golf course in Turnberry, Scotland, Britain, July 28, 2025. Evelyn Hockstein | ReutersA federal trade court on Monday declined, for now, to...
Mass shooting at Manhattan skyscraper leaves 5 dead, including gunman
New York Police Department (NYPD) officers are seen as they respond to an incident in the Midtown Manhattan neighborhood of New York on July 28, 2025. Timothy A. Clary | AFP | Getty ImagesA gunman armed with an assault-style rifle killed four people inside a Manhattan...
Fed interest rate meeting to stay closed after Trump ally’s lawsuit
Federal Reserve Board Chairman Jerome Powell arrives ahead of the Federal Reserve Board of Governors' "Integrated Review of the Capital Framework for Large Banks Conference" at the William McChesney Martin Jr. Federal Reserve Board Building in Washington, DC on July...
Trump seeks quick Murdoch deposition in Jeffrey Epstein case
U.S. President Donald Trump and Rupert Murdoch. Kevin Lamarque | Ricky Carioti | Via ReutersLawyers for President Donald Trump asked a judge on Monday to order Rupert Murdoch to sit for a deposition within 15 days for Trump's $10 billion lawsuit accusing the media...
Trump says Jeffrey Epstein stole workers from him
U.S. President Donald Trump reacts as he meets British Prime Minister Keir Starmer for bilateral talks at Trump Turnberry golf club on July 28, 2025 in Turnberry, Scotland. Andrew Harnik | Getty Images News | Getty ImagesPresident Donald Trump on Monday said that he...
Global baseline tariff will likely be 15% to 20%
U.S. President Donald Trump looks on during a meeting with British Prime Minister Keir Starmer (not pictured) at Trump Turnberry golf club on July 28, 2025 in Turnberry, Scotland, Britain. Christopher Furlong | Via ReutersPresident Donald Trump said Monday that he...
Trump trade rep sets low bar for China trade talks
U.S. Trade Representative Jamieson Greer said Monday that China's willingness to hold trade talks with the United States this week is a "good sign," but he is not expecting any "enormous breakthrough.""I don't expect some kind of enormous breakthrough today, what I...
Trump says he will reduce Russia’s 50-day deadline for peace deal with Ukraine
U.S. President Donald Trump reacts as he meets with British Prime Minister Keir Starmer (not pictured) at Trump Turnberry golf club on July 28, 2025 in Turnberry, Scotland, Britain. Christopher Furlong | Via ReutersPresident Donald Trump said Monday he is reducing the...
Trump Lutnick semiconductors chip imports
U.S. President Donald Trump speaks from the Oval Office of the White House, flanked by U.S. Commerce Secretary Howard Lutnick, on the day he signs executive orders for reciprocal tariffs, in Washington, D.C., on Feb. 13, 2025.Kevin Lamarque | ReutersThe Trump...
U.S. China trade tariff talks
U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, China's International Trade Representative and Vice Minister of Commerce Li Chenggang, and Chinese Vice Premier He Lifeng, prepare to discuss on the day of a bilateral meeting...
Blocking Epstein vote could cost Republicans in midterms
U.S. House Speaker Mike Johnson (R-LA) takes questions from reporters at the Capitol in Washington, D.C., U.S., July 23, 2025.Jonathan Ernst | ReutersHouse Speaker Mike Johnson on Sunday criticized the push to force a vote in the U.S. House on releasing more federal...
U.S. trade deal offers initial relief, leaves Europe on the backfoot
Key PointsThe U.S. and European Union on Sunday announced a trade agreement, including 15% tariffs on EU goods imported to the U.S.It comes just days ahead of the Aug. 1 deadline which would have seen EU goods be hit with a 30% tariff rate.However there are concerns...
Trump announces EU trade deal with 15% tariffs
U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025.Evelyn Hockstein | ReutersPresident Donald Trump announced Sunday...
Trump wants ‘good enough’ EU trade offer before Aug. 1: Lutnick
Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025.David A. Grogan | CNBCCommerce Secretary Howard Lutnick said Sunday that the European Union should...
Trump, EU Ursula von der Leyen tariffs trade
European Commission President Ursula von der Leyen attends a press conference with Polish Prime Minister Donald Tusk and European Council President Antonio Costa, on the day of the European Union leaders summit in Brussels, Belgium June 26, 2025. Yves Herman |...
How Trump and trade wars pushed Russia and Ukraine into the cold
US President Donald Trump (R) and Russia's President Vladimir Putin speak during their meeting on the sidelines of the G20 Summit in Hamburg, Germany, on July 7, 2017Mikhail Klimentiev | AFP | Getty ImagesIn heady times — and with trade wars dominating the news agenda...
Trump’s trade deals, tariffs face key test in court next week
U.S. President Donald Trump and British Prime Minister Keir Starmer react after picking up the trade agreement with the U.K. papers that Trump dropped as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque |...
Trump Scotland EU trade
Members of the police walk near the clubhouse of Trump Turnberry resort, during U.S. President Donald Trump's visit to Scotland, in Turnberry, Scotland, on July 26, 2025.Phil Noble | ReutersU.S. President Donald Trump, dogged by questions about his ties to disgraced...
FEMA to send states $608 million to build migrant detention centers
An aerial view of a migrant detention center, dubbed "Alligator Alcatraz," is seen located at the site of the Dade-Collier Training and Transition Airport in Ochopee, Florida on July 7, 2025. Chandan Khanna | AFP | Getty ImagesThe Federal Emergency Management Agency...
Bill in Congress could reward companies that give employees stock
A bipartisan bill introduced in Congress this week would create a new tax incentive for public companies to distribute stock to their rank-and-file employees.The new SHARE Act would give a 3 percentage point discount on the corporate tax rate to large companies that...
$9.7 million of U.S.-funded contraceptives for poor nations to be burned in France: Reuters
Free condoms are seen at a community center operated by LoveYourself, a nonprofit impacted by the Trump administration's freeze on foreign aid, on February 19, 2025 in Mandaluyong, Metro Manila, Philippines. Ezra Acayan | Getty ImagesU.S.-funded contraceptives worth...
French President Macron says France will recognize Palestine as a state
French President Emmanuel Macron holds a press conference, at the Elysee Palace, in Paris, Friday, June 13, 2025. Michel Euler | Via ReutersFrench President Emmanuel Macron announced Thursday that France will recognize Palestine as a state, amid snowballing global...
Trump deflects Jeffrey Epstein questions; Maxwell meets DOJ
US President Donald Trump speaks to reporters on the South Lawn before boarding Marine One on the South Lawn of the White House on July 25, 2025, in Washington, DC en route to Turnberry, Scotland. Jim Watson | Afp | Getty ImagesPresident Donald Trump on Friday...
Inside the project the Trump White House targeted
The front facade of the Marriner S. Eccles Federal Reserve Board Building is visible as a massive renovation continues on the building and the 1951 Constitution Avenue Building on July 24, 2025 in Washington, DC. Andrew Harnik | Getty ImagesAfter months of President...
Powell pressure campaign ramps up
President Donald Trump and Federal Reserve Chairman Jerome Powell went back and forth in front of the press Thursday over Trump's claims about cost overruns at the Fed headquarters in Washington.The stunning side-by-side took place as Trump began a rare tour of the...
What Europe’s response to a no-deal with Trump could look like
US President Donald Trump delivers remarks at the "Winning the AI Race" AI Summit at the Andrew W. Mellon Auditorium in Washington, DC, on July 23, 2025.Andrew Caballero-reynolds | Afp | Getty ImagesBrussels is preparing for a no-deal scenario as uncertainty persists...
U.S. automakers cool with Japan tariff plan
Commerce Secretary Howard Lutnick said Thursday that American auto CEOs told him they are "cool with" President Donald Trump's new trade deal, which could put lower tariffs on cars imported from Japan than on cars made by U.S. companies in Canada and Mexico.Lutnick...
Ghislaine Maxwell to meet DOJ on Thursday
Ghislaine Maxwell, longtime associate of accused sex trafficker Jeffrey Epstein, speaks at a news conference on oceans and sustainable development at the United Nations in New York, June 25, 2013 in this screengrab taken from United Nations TV file footage.UNTV |...
Trump administration targets Harvard, other universities
A glimpse into the Harvard University campus on May 24, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty ImagesThe Trump administration continued building its multi-pronged case against American universities Wednesday, with the announcement of new...
Trump speaks on AI action plan, signs executive orders
[The stream is slated to start at 5 p.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump is set to deliver remarks on artificial intelligence and sign AI-related executive orders as he rolls out his administration's...
GOP senators back bill exempting small business
From left, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska, talk as they arrive for a vote in the U.S. Capitol on Wednesday, April 30, 2025. Bill Clark | Cq-roll Call, Inc. | Getty ImagesRepublican Sens. Susan Collins and Lisa Murkowski are joining...
Trump was told his name is in Jeffrey Epstein files: WSJ
U.S. President Donald Trump walks before signing the "Genius Act", which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry, at the White House in Washington, D.C., U.S., July 18, 2025. Nathan Howard |...
With no guarantee of an EU-U.S. trade deal, Europe keeps its options open
US President Donald Trump delivers remarks at the "Winning the AI Race" AI Summit at the Andrew W. Mellon Auditorium in Washington, DC, on July 23, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesA trade agreement between the European Union and U.S. could be...
Trump to visit Federal Reserve in person after threatening to fire Chair Powell
U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump.Elizabeth Frantz | Nathan Howard | ReutersU.S. President Donald Trump will visit the Federal Reserve on Thursday, the White House said, escalating his pressure campaign against Chairman Jerome...
French President Macron, wife sue Candace Owens for transgender claim
Emmanuel Macron, President of France, arrives in Downing Street with his wife Brigitte Macron during his first inward State Visit to the United Kingdom on 9th July 2025 in London, United Kingdom. Mark Kerrison | In Pictures | Getty ImagesFrench President Emmanuel...
Judge won’t unseal Jeffrey Epstein grand jury transcripts in Florida
Jeffrey Epstein in 2004.Rick Friedman | Corbis News | Getty ImagesA federal judge on Wednesday denied a request by the Trump administration to unseal the transcripts of grand jury proceedings related to a criminal investigation of sex offender Jeffrey Epstein in...
Trump’s Japan trade deal card was altered by hand
President Donald Trump discussing a U.S.-Japan trade agreement with a Japanese delegation and top White House aides in the Oval Office, Tuesday, July 22, 2025.Source: @Scavino47 via X | The White HousePresident Donald Trump's art of the deal seemed to play out in real...
Mike Lee posts fake Fed Chair Powell resignation letter
Sen. Mike Lee, R-Utah., speaks to reporters as he arrives for the Senate Republicans' lunch meeting in the U.S. Capitol on Tuesday, June 17, 2025.Bill Clark | CQ-Roll Call, Inc. | Getty ImagesSen. Mike Lee, R-Utah, on Tuesday reportedly shared and then hastily deleted...
Guilty plea in $600 million catalytic converter theft ring
Seized catalytic converters are shown in a 2022 photo provided by the Department of Homeland Security.Courtesy: Department of Homeland SecurityA New Jersey man pleaded guilty in Oklahoma federal court to leading a massive theft ring that stole catalytic converters...
Trump unveils Indonesia trade deal framework
The U.S. and Indonesia agreed to the framework of a trade agreement which would see Jakarta scrap most of its tariffs on American imports, the White House revealed in a joint statement Tuesday afternoon.U.S. tariffs on Indonesian imports would be set at 19% under the...
Judges reject Trump’s pick for top New Jersey federal prosecutor, DOJ removes successor
US President Donald Trump looks on as Alina Habba speaks during a swearing in ceremony as US Attorney General for New Jersey, in the Oval Office of the White House in Washington, DC, on March 28, 2025. Saul Loeb | Afp | Getty ImagesThe U.S. Justice Department accused...
Trump shifts gears to EU after striking Japan deal
US President Donald Trump speaks to the press at the end of a reception with Republican members of Congress at the White House in Washington, DC on July 22, 2025.Andrew Caballero-reynolds | Afp | Getty ImagesU.S. President Donald Trump has now set his sights on trade...
Chinese and EU leaders are set to meet. The U.S. is complicating things
A staff member prepares for the arrival of Chinese Vice Premier Ding Xuexiang and EU Executive Vice-President for a Clean, Just and Competitive Transition, Teresa Ribera during China-EU Sixth High Level Environment and Climate Dialogue (HECD) at the Diaoyutai State...
Trump says U.S. struck trade, military deal with the Philippines; Manila has not confirmed
President Donald Trump said Tuesday that the U.S. has "concluded" a trade deal with the Philippines that includes a 19% tariff on goods imported from the southeast Asian country.Manila will not impose tariffs on U.S. goods as part of the deal, according to Trump, who...
House starts recess early, avoiding Jeffrey Epstein votes
U.S. Speaker of the House Mike Johnson (R-LA) speaks to reporters at the U.S. Capitol on July 21, 2025 in Washington, DC. Congressional Lawmakers have returned to work on Capitol Hill after the weekend. Andrew Harnik | Getty Images News | Getty ImagesThe House of...
DOJ seeks Ghislaine Maxwell meeting
Ghislaine Maxwell on September 20, 2013 in New York City.Laura Cavanaugh | Getty ImagesA top Department of Justice official said Tuesday that he intends to meet soon with Ghislaine Maxwell, the British socialite serving a 20-year prison term for her role in Jeffrey...
Bessent says China tariff deadline likely to be extended
US Secretary of the Treasury Scott Bessent, left, speaks with Chinese Vice Premier He Lifeng, right, during a bilateral meeting between the United States and China, in Geneva, Switzerland, on Saturday, May 10, 2025. Keystone/eda/martial Trezzini | Via ReutersTreasury...
Ambien to blame for Joe Biden’s Trump debate disaster
President Joe Biden stands with his son Hunter Biden after the president arrived at the Delaware Air National Guard Base in New Castle, Delaware, June 11, 2024.Anna Rose Layden | ReutersHunter Biden said in a new interview that his father, former President Joe Biden,...
Judge in Trump Murdoch case handled Michael Cohen lawsuit
U.S. President Donald Trump and Rupert Murdoch. Evelyn Hockstein | Elizabeth Frantz | ReutersPresident Donald Trump's new $10 billion libel lawsuit against media baron Rupert Murdoch over a Wall Street Journal article about sex offender Jeffrey Epstein will be handled...
DJT grows $2 billion bitcoin hoard
A cutout of US President Donald Trump holding a Bitcoin is displayed on a group of servers during The Bitcoin Conference at The Venetian Las Vegas in Las Vegas, Nevada, on May 27, 2025.Ian Maule | Afp | Getty ImagesTrump Media and Technology Group said Monday it has...
Trump’s Aug. 1 tariffs will pressure trade partners: Bessent
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Friday, May 23, 2025. Bloomberg | Bloomberg | Getty ImagesTreasury Secretary Scott Bessent said Monday that implementing high tariff rates on countries starting August 1...
U.S. eyes 'back to basics' revamp of G20 when it assumes presidency next year: Reuters
The U.S. aims to pare the G20 back to its financial roots next year when it takes over the rotating presidency from South Africa, Reuters reported.
August 1 is hard deadline Trump tariffs
Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025.David A. Grogan | CNBCCommerce Secretary Howard Lutnick said Sunday that Aug. 1 is the deadline for...
Bangladesh signs U.S. wheat-import deal in bid to curb tariff pressure
Field of wheat in central Kansas is nearly ready for harvest.Ricardo Reitmeyer | Getty ImagesBangladesh signed a deal on Sunday to import 700,000 metric tons of wheat annually from the United States over the next five years, in a move aimed at securing tariff relief...
Bessent tried to dissuade Trump from firing Powell: WSJ
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Monday, June 30, 2025. Victor J. Blue | Bloomberg | Getty ImagesTreasury Secretary Scott Bessent recently urged President Donald Trump not to fire Treasury Secretary...
Trump says Epstein file release wouldn’t satisfy ‘troublemakers’
U.S. President Donald Trump speaks before signing the "Genius Act", which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry, at the White House in Washington, D.C., U.S., July 18, 2025. Nathan Howard |...
EPA eliminates research and development office, begins layoffs
The headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., Feb. 18, 2025. Kent Nishimura | ReutersThe Environmental Protection Agency announced on Friday that it is eliminating its research and development arm and reducing...
Trump Bob Woodward lawsuit dismissed
Investigative journalist Bob Woodward (L) chats with CNN Portugal correspondent in USA Luis Costa Ribas (not seen) after having delivered remarks on "New threats for Democracy" during CNN International Summit on November 21, 2022, in Lisbon, Portugal.Horacio...
Justice Dept. asks court to unseal grand jury transcripts
U.S. Attorney General Pam Bondi speaks to the media, after the U.S. Supreme Court dealt a blow to the power of federal judges by restricting their ability to grant broad legal relief in cases as the justices acted in a legal fight over President Donald Trump's bid to...
Trump sues Murdoch over Epstein birthday letter article by WSJ
U.S. President Donald Trump leaves after signing the “GENIUS Act” into law during a ceremony in the East Room of the White House July 18, 2025 in Washington, DC.Anna Moneymaker | Getty ImagesPresident Donald Trump on Friday followed through on his threat to sue media...
House Speaker Johnson wants ‘maximum transparency’
House Speaker Mike Johnson, R-La., said Friday that he and House Republicans want "maximum transparency" on notorious sex offender Jeffrey Epstein and called for more information to be made public."Everybody wants the Epstein files, which is the real documents related...
FBI agents told to flag Jeffrey Epstein records about Trump: Durbin
A video still from the NBC archive showing Donald Trump talking with Jeffrey Epstein at a party in Mar-A-Lago from 1992.NBCFBI agents assigned earlier this year to review investigative files in the criminal case against notorious sex offender Jeffrey Epstein were...
Trump pushes for 15-20% tariffs on European Union: FT
US President Donald Trump speaks during a meeting with Bahraini Crown Prince Salman bin Hamad al-Khalifa in the Oval Office of the White House in Washington, DC, on July 16, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesU.S. President Donald Trump is demanding a...
Trump appointees pushed more marble in Fed building renovation White House now attacks
The Federal Reserve building is seen as it goes under construction on July 17, 2025 in Washington, DC. U.S. Michael M. Santiago | Getty ImagesPresident Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim...
Trump diagnosed with chronic venous insufficiency
First Lady Melania Trump, President Donald Trump, FIFA President Gianni Infantino and his wife, Leena Al Ashqar, attend the FIFA Club World Cup 2025 final football match between England's Chelsea and France's Paris Saint-Germain at MetLife Stadium in East Rutherford,...
Trump won’t recommend Jeffrey Epstein special prosecutor
White House Press Secretary Karoline Leavitt holds a press briefing at the White House in Washington, D.C., U.S., July 17, 2025. Nathan Howard | ReutersPresident Donald Trump "would not recommend a special prosecutor" to review the handling and files of the criminal...
House sends bill regulating stablecoins, a type of cryptocurrency, to Trump
The House has passed three bills intended to boost the legitimacy of the cryptocurrency industry with new regulations as President Donald Trump has pushed to make the U.S. the "crypto capital of the world."One of the three bills, legislation to regulate a type of...
Fed Chair Powell responds to White House questions about HQ renovation
Federal Reserve Chairman Jerome Powell on Thursday formally replied to a set of pointed questions from the director of the White House Office of Management and Budget about the renovation of the Fed's Washington headquarters.Powell pointed to a newly launched page on...
Trump sent Jeffrey Epstein bawdy birthday letter: WSJ
Portrait of American financier Jeffrey Epstein, left, and Donald Trump as they pose together at the Mar-a-Lago estate in Palm Beach, Florida, in 1997.Davidoff Studios Photography | Archive Photos | Getty ImagesA "bawdy" letter to Jeffrey Epstein bearing President...
The UK gives 16-year-olds the right to vote. Brace for social media politics
The British government is set to give 1.5 million 16 and 17-year-olds the vote, unlocking a new voter base for competing political parties. Social media could be key to their success.The government on Thursday said that it plans to bring forward an elections bill...
Trump AG to seek release of Jeffrey Epstein grand jury transcripts
U.S. President Donald Trump listens during a multilateral lunch with African leaders in the State Dining Room of the White House July 9, 2025 in Washington, DC.Win Mcnamee | Getty Images News | Getty ImagesPresident Donald Trump, facing growing pressure to publicly...
Trump AG Bondi demands CA inmate info in deportation ramp-up
U.S. Attorney General Pam Bondi discusses a drug enforcement-related announcement during a press conference at DEA Headquarters in Arlington, Virginia, U.S., July 15, 2025. Umit Bektas | ReutersThe Department of Justice on Thursday asked California sheriffs for data...
Jeffrey Epstein prosecutor Maurene Comey fired as Trump faces file pressure
FILE PHOTO: Maurene Comey, assistant U.S. attorney in the Southern District of New York, stands at a news conference announcing the upcoming arraignment of Jeffrey Epstein, who faces charges of sex trafficking of minors and conspiracy to commit sex trafficking of...
Elizabeth Warren targets price gouging with tariff costs, inflation up
With expectations that prices will rise throughout the economy over the summer as more tariffs stack up, a group of legislators on Capitol Hill, highlighted by Senator Elizabeth Warren (D-Mass.), introduced a bill to target price gouging by the market's biggest...
Trump firing Powell will crash markets: Warren
Stock and bond markets and the value of the U.S. dollar will plunge if President Donald Trump fires Federal Reserve Chairman Jerome Powell, Sen. Elizabeth Warren warned Thursday."I think they crash," Warren, D-Mass., said on CNBC's "Squawk Box" when asked what would...
U.S. airport security, more liquid in carry-ons
People wait in a security line operated by the Transportation Security Administration (TSA) at John F. Kennedy (JFK) Airport on May 24, 2016 in New York, New York. Spencer Platt | Getty ImagesTravelers giddy about being able to keep their shoes on while walking...
Duffy pulls $4 billion from California high-speed rail project
A rendering shows a high-speed rail train as it enters a station during an informational open house by the California High-Speed Rail Authority at the Hilton DoubleTree in downtown Fresno, California, on Wednesday, May 1, 2024. Craig Kohlruss | Fresno Bee | Tribune...
If Trump fires Fed Chair Powell, what happens next
U.S. Federal Reserve Chair Jerome Powell, left, and U.S. President Donald Trump.Nathan Howard | Jonathan Ernst | ReutersA new research note gaming out possible scenarios if President Donald Trump decides to fire Federal Reserve Chairman Jerome Powell warns that,...
Crypto bills struggle in Congress for second day
Speaker of the House Mike Johnson (R-LA) walks to his office at the U.S. Capitol on July 02, 2025 in Washington, DC. Johnson, U.S. Andrew Harnik | Getty Images News | Getty ImagesThe future of a trio of crypto regulation bills was thrown into question Wednesday after...
Gun seller GrabAGun, backed by Donald Trump Jr., begins stock trading
Donald Trump Jr. rings the opening bell on the New York Stock Exchange (NYSE) for the Texas-based firearm e-commerce platform GrabAGun where Trump is a member of the board on July 16, 2025 in New York City. Spencer Platt | Getty ImagesShares of the online firearms...
Trump administration sued by U.S. states for cutting disaster prevention grants
Fire-affected residents meet with FEMA officials on Jan. 14, 2025 in Pasadena, California, where a FEMA Disaster Recovery Center opened today to help homeowners, renters, businesses and non-profits with their economic recovery.Frederic J. Brown | AFP | Getty ImagesA...
Trump blasts Jeffrey Epstein file questions by Congress
President Donald Trump returns to the White House, in Washington, D.C., from Pittsburgh, July 15, 2025.Celal Gunes | Anadolu | Getty ImagesPresident Donald Trump on Wednesday sharply criticized the bloc of his own political base who are publicly demanding the release...
EU proposes to raise defense funding in 2-trillion-euro budget
President of the European Commission Ursula von der Leyen talking to media at the end of a bilateral meeting in the Berlaymont, the EU Commission headquarter on July 13, 2025 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty ImagesThe European Union's...
Polymarket investigations ended by DOJ, CFTC without charges
Shayne Coplan, founder and chief executive of Polymarket, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty ImagesTwo federal investigations of the online prediction...
U.S. military to remove 2,000 National Guard troops from Los Angeles
Demonstrators holding signs and flags face California National Guard members standing guard outside the Federal Building as they protest in response to federal immigration operations in Los Angeles, on June 9, 2025. David Mcnew | Getty ImagesU.S. Defense Secretary...
Trump says tariff letters for smaller countries coming soon; rates likely over 10%
U.S. President Donald Trump speaks during the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. Nathan Howard | ReutersU.S. President Donald Trump on Tuesday said letters notifying smaller...
US launches probe into Brazil’s trade practices, digital payment services
Brazil's President Luiz Inacio Lula da Silva speaks to the media at the BRICS Summit in Rio de Janeiro, Brazil July 7, 2025. REUTERS/Ricardo MoraesRicardo Moraes | ReutersU.S. Trade Representative Jamieson Greer said Tuesday he had launched...
Trump-backed crypto regulation bills fail to clear key hurdle in Congress
Storm clouds hover over the U.S. Capitol on July 1, 2025 in Washington, DC.Chip Somodevilla | Getty ImagesThe U.S. House failed Tuesday to clear a key procedural hurdle that would have cleared the way for votes in the lower chamber on several crypto-related bills.The...
Supreme Court allows Trump to lay off nearly 1,400 Education Department employees
A security guard walks past the U.S. Department of Education headquarters in Washington, D.C., March 12, 2025.Nathan Howard | ReutersThe Supreme Court is allowing President Donald Trump to put his plan to dismantle the Education Department back on track and go through...
Andrew Cuomo runs for New York mayor against Mamdani
Former New York governor and New York City mayoral candidate Andrew Cuomo speaks during his primary election night rally in New York City, U.S., June 24, 2025. Kylie Cooper | ReutersAndrew Cuomo launched an independent bid to become mayor of New York City on Monday,...
Trump says U.S. has trade ‘deal’ with Indonesia, but shares no details
Workers prepare customers' orders at the main rice market in Jakarta on July 9, 2025.Bay Ismoyo | AFP | Getty ImagesPresident Donald Trump on Tuesday said he has reached a deal with Indonesia, a week after he threatened to slap a 32% tariff on the southeast Asian...
Elon Musk looms over jury selection in Tesla Autopilot fatality trial
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025.Nathan Howard | ReutersTesla CEO Elon Musk was not in a Miami courtroom Monday, but his name loomed large as a jury was...
Trump threatens Russia’s trade unless Ukraine peace deal is reached
U.S. President Donald Trump, flanked by Vice President JD Vance and U.S. Secretary of State Marco Rubio, meets with NATO Secretary General Mark Rutte in the Oval Office at the White House in Washington, D.C., U.S., July 14, 2025.Nathan Howard | ReutersPresident Donald...
Trump tariffs not causing inflation because of patriotism buying: Hassett
White House economic advisor Kevin Hassett speculated Monday that new tariff policies are not yet sparking widespread price inflation because President Donald Trump has convinced more people to buy American."There's, I think, a lot of patriotism in the data," Hassett...
Trump’s 30% tariff letter leaves EU scrambling to bring U.S. on side
US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, July 13, 2025.Bonnie Cash/UPI/Bloomberg via Getty ImagesThe European Union has been left scrambling after U.S. President Donald Trump...
EU retaliatory tariffs delay
European Commission President Ursula von der Leyen attends a press conference with Polish Prime Minister Donald Tusk and European Council President Antonio Costa, on the day of the European Union leaders summit in Brussels, Belgium June 26, 2025. Yves Herman |...
Trump can fire Powell if there’s cause: Hassett
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | ReutersNational Economic Council Director Kevin Hassett said Sunday that whether the Trump administration has the...
Trump interest in Russia sanctions raises Ukraine allies’ hopes
U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskyy attend a meeting on the sidelines of NATO summit in The Hague, Netherlands June 25, 2025.Ukrainian Presidential Press Service | Via ReutersA bipartisan U.S. bill that would hit Russia with...
Trade flows and security tensions shape ties
Australia's Prime Minister Anthony Albanese arrived in Shanghai on Saturday for a six-day visit to three Chinese cities where regional security tensions and economic ties are likely to dominate talks.Albanese's second visit to China, where he will meet President Xi...
Trump considering revoking Rosie O’Donnell’s citizenship
President Donald Trump said Saturday that he is considering revoking comedian Rosie O'Donnell's citizenship, a dramatic escalation of Trump's threats to use the executive branch to target his opponents."Because of the fact that Rosie O'Donnell is not in the best...
Federal Reserve rebuts Trump admin renovation attacks
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on "The Semiannual Monetary Policy Report to the Congress," on Capitol Hill in Washington, D.C., U.S., June 24, 2025. Kevin Lamarque | ReutersAs the Trump...
World leaders Trump tariffs
European Union leaders are sounding off on the 30% tariffs U.S. President Donald Trump threatened to impose on the trade bloc, with most emphasizing the need for unity, constructive dialogue and their readiness to work toward an agreement by Aug. 1."Imposing 30%...
Trump announces 30% tariffs on EU and Mexico, starting Aug. 1
The flags of the European Union fly in front of the European Parliament.Philipp von Ditfurth | dpa | Picture Alliance | Getty ImagesPresident Donald Trump said Saturday the U.S. will impose a 30% tariff on goods from the European Union and Mexico that will take effect...
Trump Organization luxury apartments Bucharest
The Trump Organization — U.S. President Donald Trump's family business — will team up with Romanian real estate developer SDC Imobiliare to build a tower block with luxury apartments in the capital Bucharest, the companies said.A person walks past banners showing U.S....
Judge orders Trump administration to halt indiscriminate immigration stops, arrests in California
A federal judge on Friday ordered the Trump administration to halt indiscriminate immigration stops and arrests in seven California counties, including Los Angeles.Immigrant advocacy groups filed the lawsuit last week accusing President Donald Trump's administration...
U.S. tariffs take center stage but China and EU are quietly clashing
European Union and Chinese flags are displayed side by side in the meeting room where Chinese Foreign Minister Wang Yi met with European Council President Antonio Costa in Brussels, Belgium on July 2, 2025.Dursun Aydemir/Anadolu via Getty ImagesThe U.S. tariff saga...
Trump administration to investigate DEI at George Mason University
Statue of George Mason on campus of George Mason University, Fairfax, Virginia. Robert Knopes | UCG | Universal Images Group | Getty ImagesThe Department of Education said Thursday that it has opened an investigation into George Mason University's hiring and promotion...
Trump loses appeal of E. Jean Carroll sexual abuse verdict
Republican presidential nominee and former U.S. President Donald Trump speaks during a press conference at Trump Tower in New York City, U.S., September 6, 2024. David Dee Delgado | Reuters[Editor's note: A previous version of this story incorrectly reported the date...
Trump Brazil tariff cites same powers facing court challenge
United States President Donald Trump speaks to the Press before departs at the White House to Alligator Alcatraz, Florida on July 1, 2025, in Washington DC. Celal Gunes | Anadolu | Getty ImagesPresident Donald Trump's politically charged new tariff threat — a blanket...
Trump budget chief say Fed Chair Powell mismanages central bank
Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting on June 18, 2025 in Washington, DC.Win Mcnamee | Getty ImagesPresident Donald Trump's budget chief on Thursday said that Federal Reserve Chairman...
Trump ICE raids prompt Catholic bishop to exempt worshippers from Mass
Reverend Alberto Rojas, Bishop of the Diocese of San Bernardino Ordaining Prelate and Principal Celebrant, leads the Ordination to the Priesthood mass at St. Paul the Apostle Catholic Church in Chino Hills on Saturday, May 20, 2023.Will Lester | Medianews Group |...
Brazil respond to Trump 50% tariff with ‘reciprocity’
Brazilian President Luiz Inacio Lula da Silva said Wednesday that his country will respond with reciprocity to U.S. President Donald Trump's newly announced 50% tariff rate on his country's exports, citing a recently adopted Brazilian law that authorizes the...
Transport Secretary Duffy to be interim NASA administrator, Trump says
Transportation Secretary Sean Duffy speaks alongside FAA Acting Administrator Chris Rocheleau during a news conference at the Department of Transportation Headquarters on May 28, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesU.S. President Donald Trump...
Trump says 50% tariff on copper imports will begin Aug. 1
Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty ImagesU.S. President Donald Trump said Wednesday that the 50% tariff on copper imports, which he had announced the previous day, will take...
Oak View Group CEO Leiweke charged with bid rigging in U. of Texas arena project
Oak View Group CEO Tim Leiweke has been indicted on a federal criminal conspiracy charge related to his alleged role in rigging the bidding to develop, manage and operate the University of Texas' athletic arena in Austin.Leiweke is accused in the indictment of...
Iran slams consequences of war on oil markets
Dilara Irem Sancar | Anadolu | Getty ImagesIran's oil minister on Wednesday criticized the effects of war-led disruptions to oil markets, weeks after Tehran's 12-day hostilities with Israel sent crude price soaring.In remarks via videoconference for the OPEC seminar...
Trump say he threatened Putin to bomb Moscow over Ukraine war
Russian President Vladimir Putin and U.S. President Donald Trump.Mikhail Metzel | Evelyn Hockstein | Via ReutersPresident Donald Trump told campaign donors last year that he had threatened to "bomb the s--t out of Moscow" if Russian President Vladimir Putin invaded...
Trump signals more tariff letters coming Wednesday
President Donald Trump, accompanied by U.S. Secretary of State Marco Rubio (L) and U.S. Defense Secretary Pete Hegseth (R), discusses his decorating of the Cabinet Room during a cabinet meeting at the White House on July 08, 2025 in Washington, DC.Andrew Harnik |...
EU in limbo as Washington keeps it waiting on a trade agreement
The European Union (EU) is stuck in limbo as uncertainty persists around when a trade agreement with the U.S. might be reached.The goal had been to agree on a framework by July 9, when a temporary reprieve from U.S. President Donald Trump's "reciprocal" tariffs was...
Trump tariffs on cars, copper, aluminum could hit hard
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | ReutersAs President Donald Trump's tariffs against more than a dozen countries spark fresh concerns about looming...
Supreme Court allows Trump to proceed with government agency staff cuts
The Supreme Court on Tuesday said it will allow the Trump administration to proceed with large-scale reductions in staff at many federal government agencies as opponents continue to seek to block those efforts in lower-court proceedings.The Supreme Court's decision is...
Trump not happy with Russian leader Putin over Ukraine war
U.S. President Donald Trump speaks during a cabinet meeting at the White House in Washington, D.C., U.S., July 8, 2025. Kevin Lamarque | ReutersPresident Donald Trump said Tuesday that he was "not happy" with Vladimir Putin over the ongoing war on Ukraine, and accused...
Trump says he will impose 50% tariff on copper imports
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on July 8, 2025. Andrew Caballero-Reynolds | AFP | Getty ImagesPresident Donald Trump said he will impose a 50% tariff on copper imports on Tuesday, and...
Tariff-fueled inflation, meteor strike both rare
A top White House economic advisor on Tuesday likened the odds that President Donald Trump's tariffs will lead to higher prices to those of a meteorite striking earth."Rare events happen. We get pandemics or, or meteors or whatever," said Stephen Miran, chairman of...
Former UK Prime Minister Rishi Sunak returns to Goldman Sachs
Rishi Sunak on the grid before the F1 Grand Prix of Great Britain on July 06, 2025 at Silverstone Circuit in Northampton, England.Bob Kupbens | Icon Sportswire | Getty ImagesFormer U.K. Prime Minister Rishi Sunak is set to rejoin Goldman Sachs as a senior adviser, the...
Churches can endorse political candidates without tax-exempt risk
A view of the Internal Revenue Service (IRS) building in Washington, D.C., U.S., April 11, 2025. Jonathan Ernst | ReutersThe IRS said in a new federal court filing that churches can endorse political candidates to their congregations without risking the loss of their...
Macron’s state visit to the UK overshadowed by Trump’s tariff threat
France's President Emmanuel Macron shakes hands with delegates as he is greeted upon arrival at RAF Northolt, west of London, on July 8, 2025, on the first day of a three-day state visit to Britain. French President Emmanuel Macron began a three-day state visit to...
Trump announces 25% tariffs on Japan, South Korea in first U.S. trade letters
U.S. President Donald Trump walks after disembarking Marine One as he arrives at the White House in Washington, D.C., U.S., July 6, 2025. Ken Cedeno | ReutersThe United States will impose 25% blanket tariffs on imports from Japan and South Korea starting Aug. 1,...
Trump administration teases trade deals before tariff deadline
Treasury Secretary Scott Bessent on Monday said the Trump administration will make "several" trade-related announcements in the next 48 hours, signaling imminent progress even as U.S. tariff deadlines appear to be shifting.Speaking on CNBC's "Squawk Box," Bessent also...
Trump takes aim at Elon Musk for forming a new political party
Tesla CEO Elon Musk and U.S. President Donald Trump at the Oval Office of the White House on May 30, 2025.Kevin Dietsch | Getty ImagesU.S. President Donald Trump lashed out against Elon Musk after he formed a new political party, calling the move "ridiculous," and...
Tariffs will revert to April levels in August without deals
U.S. Treasury Secretary Scott Bessent speaks to reporters at the U.S. Capitol as Republican lawmakers struggle to pass U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., June 27, 2025. Elizabeth Frantz |...
Elon Musk says he’s created new political party
Elon Musk applaudes in the Oval Office as he attends a press conference with U.S. President Donald Trump, at the White House in Washington, D.C., U.S., May 30, 2025.Nathan Howard | ReutersElon Musk said Saturday that he has formed a new political party, the "America...
Rep. Mark Green resigns from Congress
House Homeland Security Committee Chair Mark Green (R-Tenn.) speaks alongside House Speaker Mike Johnson (R-La.) after the House passed budget reconciliation legislation at the U.S. Capitol on May 22, 2025.Francis Chung | POLITICO via AP ImagesRep. Mark Green,...
Trump says tariff letters to 12 countries signed, going out Monday
U.S. President Donald Trump gestures, as he speaks from a balcony, on the day he is expected to sign a sweeping spending and tax legislation, known as the "One Big Beautiful Bill Act," at the White House in Washington, D.C., U.S., July 4, 2025. Ken Cedeno |...
Hamas says it is prepared to talk about Gaza ceasefire proposal
A general view of destruction in North Gaza, as seen from the Israeli side of the Israel-Gaza border, on May 17, 2025.Amir Cohen | ReutersHamas said it had responded on Friday in "a positive spirit" to a U.S.-brokered Gaza ceasefire proposal and was prepared to enter...
New York sued by National Retail Federation over surveillance pricing law
NY Attorney General Letitia James speaks during a press conference at the offices of the Attorney General on January 08, 2025 in New York City. Michael M. Santiago | Getty ImagesNew York state was sued on Wednesday by the National Retail Federation over a new law...
Trump’s tariffs deadline is looming for Europe. Here’s where things stand
Cargo shipping containers wait to be loaded by cranes on container ships at the Burchardkai container terminal at the harbour of Hamburg, northern Germany, on June 3, 2025.Fabian Bimmer | Afp | Getty ImagesAll eyes are on talks between the U.S. and the European Union,...
Trump to speak with Putin after U.S. pauses some weapons shipments to Ukraine
Russian President Vladimir Putin and U.S. President Donald Trump.Mikhail Metzel | Evelyn Hockstein | Via ReutersPresident Donald Trump said he will speak to Russian President Vladimir Putin on Thursday at 10 a.m. ET.The call, announced by Trump in a Truth Social post,...
Trump’s megabill advances after House GOP stalemate
Speaker of the House Mike Johnson, R-La., talks with the media after the House Republican Conference meeting on a plan to fund the government and avert a shutdown in the U.S. Capitol on Friday, December 20, 2024.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesThe...
Trump announces Vietnam trade deal, 20% tariff on imports to U.S.
A worker stitches apparels at a garment factory in Vietnam's Thai Nguyen Province on July 2, 2025. Nhac Nguyen | Afp | Getty ImagesPresident Donald Trump said Wednesday that the United States has struck a trade deal with Vietnam that includes a 20% tariff on the...
House Republicans race to pass it amid GOP divisions
Speaker of the House Mike Johnson (R-LA) speaks with reporters as he returns to his office after going to the House Rules Committee as it holds a hearing to consider the One, Big, Beautiful Bill Act at the U.S. Capitol on July 01, 2025 in Washington, DC. House...
Trump bill needed Alaska carveout to pass
U.S. Senator Lisa Murkowski (R-AK) walks after the Senate passes U.S. President Donald Trump’s sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Elizabeth Frantz | ReutersRepublican Sen. Lisa Murkowski of Alaska cast a critical...
Trump’s megabill lands in the House after Senate passes it
The House of Representatives on Tuesday took the reins of President Donald Trump's megabill, after the Senate narrowly passed it following days of grueling negotiations and last-minute deals.Now, Republican Speaker Mike Johnson is staring down an uncertain path for...
Brown, Penn, Harvard subpoenaed by Rep. Jim Jordan’s committee
A person walks past a sign of the Brown University, in Providence, Rhode Island, U.S., March 17, 2025. Brian Snyder | ReutersThe House Judiciary Committee issued subpoenas Tuesday to Brown University and the University of Pennsylvania, demanding additional documents...
U.S. judge blocks Trump admin move to overhaul health agencies
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. looks on as he attends a press conference to discuss health insurance reform, at the Department of Health and Human Services in Washington, D.C., U.S., June 23, 2025.Kevin Mohatt | ReutersA federal...
Senate Republicans near a deal to pass it
U.S. Senate Majority Leader John Thune (R-SD) walks to the Senate floor as Republican lawmakers struggle to pass U.S. President Donald Trump's sweeping spending and tax bill, on Capitol Hill in Washington, D.C., U.S., July 1, 2025. Nathan Howard | Reuters"I believe we...
Bush, Obama and a tearful Bono fault Trump’s gutting of USAID on agency’s last day
WASHINGTON (AP) — Former Presidents Barack Obama and George W. Bush delivered rare open criticism of the Trump administration — and singer Bono held back tears as he recited a poem — in an emotional video farewell on Monday with staffers of the U.S. Agency for...
Trump rips AT&T weeks after Trump Mobile launch
US President Donald Trump holds an Apple Inc. iPhone during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Friday, May 23, 2025. Samuel Corum | Bloomberg | Getty ImagesPresident Donald Trump criticized AT&T in...
Musk rips Trump big beautiful tax bill, vows to defeat GOP backers
Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025.Evelyn Hockstein | ReutersHe may have stopped openly feuding with President Donald Trump, but Elon Musk isn't backing off his...
Harvard violated Civil Rights Act
Harvard University graduates attend the university's 374th commencement ceremony on May 29, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty ImagesThe Trump administration on Monday said an investigation into Harvard University found the school had...
Canada caved, White House says
The White House claimed Monday that Canada "caved" to President Donald Trump by hastily rescinding its digital services tax after the president threatened to shut down trade negotiations between the two major trading partners."It's very simple: Prime Minister [Mark]...
Trump megabill: Senate begins vote-a-rama
Senators on Monday began offering amendments to President Donald Trump's megabill, following a weekend of tense negotiations to try to get the president's second term domestic priorities through the upper chamber.The process, called a "vote-a-rama," began shortly...
Canada rescinds Digital Services Tax after Trump cuts off U.S. trade talks
U.S. President Donald Trump is greeted by Prime Minister of Canada Mark Carney, as he arrives at the G7 leaders' summit in Kananaskis, Alberta, Canada June 16, 2025. Stefan Rousseau | Via ReutersCanada has walked back on its digital services tax "in anticipation" of a...
UK-US trade deal: Here’s what changes today
Prime Minister Keir Starmer speaks during a visit to a Jaguar Land Rover car factory on April 7, 2025 in Birmingham, United Kingdom. Wpa Pool | Getty Images News | Getty ImagesLONDON – The U.K.-U.S. trade deal comes into play on Monday, giving a preferential tariff...
Tillis won’t seek re-election after opposing Trump’s megabill
Sen. Thom Tillis, R-N.C., speaks to reporters as he leaves the Senate floor in the U.S. Capitol on Thursday, March 13, 2025. Bill Clark | Cq-roll Call, Inc. | Getty ImagesRepublican Sen. Thom Tillis, N.C., will not run for re-election when his term is up, he announced...
Trump threatens funding for NYC if Mamdani is elected
U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo's Foreign Minister Therese Kayikwamba Wagner (not pictured) and Rwanda's Foreign Minister Olivier Nduhungirehe (not pictured) in the Oval Office at the White House in Washington...
Judge rejects Trump’s bid to toss Central Park Five lawsuit
U.S. President Donald Trump speaks during a meeting with Democratic Republic of the Congo's Foreign Minister Therese Kayikwamba Wagner and Rwanda's Foreign Minister Olivier Nduhungirehe in the Oval Office at the White House in Washington D.C., June 27, 2025. Ken...
What’s in the Senate’s version of Trump’s spending bill
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans' weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | ReutersAfter weeks of sparring over the specifics of the...
Elon Musk Trump Senate bill
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025.Nathan Howard | ReutersElon Musk ripped into the Senate's massive domestic policy package on Saturday, calling it "utterly...
Trump calls for a deal on the Gaza war as signs of progress emerge
A general view of destruction in North Gaza, as seen from the Israeli side of the Israel-Gaza border, on May 17, 2025.Amir Cohen | ReutersTEL AVIV, Israel (AP) — U.S. President Donald Trump on Sunday pleaded for progress in ceasefire talks in the war in Gaza, calling...
Trump slams Israel’s prosecutors over Netanyahu corruption trial
U.S. President Donald Trump welcomes Israeli Prime Minister Benjamin Netanyahu at the entrance of the White House in Washington, D.C., U.S., April 7, 2025. Leah Millis | ReutersU.S. President Donald Trump on Saturday lashed out at prosecutors in Israel over the...
Trump’s ‘big, beautiful bill’ clears key Senate hurdle
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans' weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | ReutersPresident Donald Trump's "big, beautiful bill"...
GOP Rep. Don Bacon to retire
Rep. Don Bacon, R-Neb., talks with reporters after a meeting of the House Republican Conference in the U.S. Capitol on Tuesday, November 14, 2023.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesRep. Don Bacon, a centrist Republican in Nebraska, is preparing to...
Thai protesters call for Prime Minister Paetongtarn’s resignation
Protesters during an anti-government demonstration in Bangkok, Thailand, on Saturday, June 28, 2025. Thai protesters began to rally in Bangkok on Saturday to demand the resignation of Prime Minister Paetongtarn Shinawatra, as the fallout continued from her...
‘We can do whatever we want’
US President Donald Trump speaks during a news conference in the Brady Briefing Room of the White House on June 27, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty ImagesPresident Donald Trump said Friday he may not stick to the deadline in early July...
Trump calls Zohran Mamdani ‘communist’
U.S. President Donald Trump speaks to the media, after the U.S. Supreme Court dealt a blow to the power of federal judges by restricting their ability to grant broad legal relief in cases as the justices acted in a legal fight over President Donald Trump's bid to...
Trump ends all U.S. trade talks with Canada over digital services tax
U.S. President Donald Trump speaks during a meeting with Canadian Prime Minister Mark Carney at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | ReutersPresident Donald Trump on Friday said the United States is immediately "terminating ALL...
Supreme Court limits judges’ power to halt Trump’s birthright citizenship order
The Supreme Court on Friday limited federal judges from issuing universal injunctions, which had been used to block President Donald Trump from implementing his executive order ending birthright citizenship.The 6-3 decision, which divided the conservative-majority...
California Gov. Gavin Newsom sues Fox News for defamation
Gov. Gavin Newsom speaks during an address on Tuesday, June 10, 2025.Office of California Governor via APCalifornia Gov. Gavin Newsom sued Fox News on Friday, seeking damages of at least $787 million from the conservative network for allegedly defaming him in its...
NATO defense deal to rebalance EU-U.S. trade relations: Antonio Costa
BRUSSELS, BELGIUM - DECEMBER 18: President of the EU Council Antonio Luis Santos da Costa talks to media (Photo by Thierry Monasse/Getty Images)Thierry Monasse | Getty Images News | Getty ImagesNATO's agreement to more than double allies' defense spending targets will...
Trump trade deadline not critical: White House
President of the United States Donald Trump arrives at Huis ten Bosch Palace for a dinner ahead of the Nato Summit 2025 on June 24, 2025 in The Hague, Netherlands.Patrick Van Katwijk | Getty ImagesPresident Donald Trump could extend his upcoming self-imposed tariff...
NYPD detains 6 protestors outside Palantir office
A woman walking past the logo of U.S. big data analytics software company Palantir Technologies during the World Economic Forum annual meeting in Davos, Switzerland.Fabrice Coffrini | AFP | Getty ImagesSix people were taken into custody by police on Thursday as a...
Trump tax bill event aims to pressure Senate Republicans
US President Donald Trump gestures towards the new flagpole on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Saturday, June 21, 2025. Ron Sachs | Bloomberg | Getty ImagesPresident Donald Trump is set Thursday afternoon to...
Capitol Hill arrest dozens protesting Medicaid cuts
U.S. Capitol Police arrest protesting members of American Disabled for Attendant Programs Today (ADAPT) in the atrium of the Hart Senate Office Building on Tuesday, June 24, 2025. The protesters chanted "no cuts to medicaid" while being arrested. Bill Clark | Cq-roll...
Schumer treated in hospital for dehydration, office says
U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference following the U.S. Senate Democrats' weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | ReutersSenate Minority Leader Chuck Schumer, D-N.Y.,...
Trump vows to make Spain pay for avoiding new NATO spending target
U.S. President Donald Trump speaks during a press conference, at the NATO summit in The Hague, Netherlands, June 25, 2025.Brian Snyder | ReutersU.S. President Donald Trump on Wednesday said Spain's refusal to meet the NATO defense spending target of 5% of gross...
Trump fumes over Iran strike intelligence report at NATO
President Donald Trump on Wednesday doubled down on his claim that U.S. bomb strikes completely destroyed Iran's nuclear program, and he bristled at the attention being paid to an initial American intelligence report that suggests otherwise."It's been obliterated,...
U.S. Senate committee advances advances Trump nominee to head FAA
FILE PHOTO: Bryan Bedford, chairman and chief executive officer of Republic Airways Holdings Inc., speaks at the Global Business Travel Association (GBTA) 2011 convention in Denver, Colorado, U.S., on Tuesday, Aug. 23, 2011.Matthew Staver | Bloomberg | Getty ImagesThe...
Watch live: Trump’s NATO press conference
[The stream is slated to start at 9 a.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump is speaking Wednesday at NATO's annual summit in the Netherlands.Trump's comments come days after he announced a ceasefire...
Moment of truth for NATO
The NATO summit in the Netherlands.Haiyun Jiang | Via ReutersIt'll be a moment of truth for NATO on Wednesday when the Western military alliance releases a joint statement on a heavily pushed and previewed collective defense spending hike.Allies have been corralled,...
Greece is one of NATO’s top defense spenders. Here’s why
Military vehicles are seen during a military parade commemorating the Greek Independence Day in Athens, Greece, on March 25, 2025.Marios Lolos | Xinhua News Agency | Getty ImagesSun-soaked Greece may not immediately come to mind as a top defense spender — but only...
Senate races to pass it before July 4
US President Donald Trump speaks to the press before boarding Marine One from the South Lawn of the White House in Washington, DC on June 24, 2025, to attend the NATO's Heads of State and Government summit in The Hague. Mandel Ngan | Afp | Getty ImagesPresident Donald...
Trump judicial nominee Bove urged ignoring court order: Whistleblower
Attorney Emil Bove looks on as U.S. President-elect Donald Trump appears remotely for a sentencing hearing in front of New York State Judge Juan Merchan in the criminal case in which he was convicted in 2024 on charges involving hush money paid to a porn star, at New...
War Powers Act is unconstitutional, Speaker Johnson says
Speaker of the House Rep. Mike Johnson (R-LA) speaks during his weekly press conference at the US Capitol on June 24, 2025 in Washington, DC. Tasos Katopodis | Getty ImagesHouse Speaker Mike Johnson, R-La., argued Tuesday that the War Powers Act, a Nixon-era law...
Israel-Iran ceasefire: live updates
Oil prices fall sharply after Trump says China can buy oil from IranFILE PHOTO: An Israeli gas platform, controlled by a U.S.-Israeli energy group, is seen in the Mediterranean sea, some 15 miles (24 km) west of Israel's port city of Ashdod, in this file picture taken...
Supreme Court lets Trump resume deportations to third countries
The Supreme Court on Monday allowed the Trump administration to resume quick deportations of certain immigrants to countries other than their own without advance warning, and the chance to challenge them on the grounds that they might end up being tortured or...
Can Germany afford a 5% NATO defense spending target?
Federal Chancellor Friedrich Merz (CDU) walks past Bundeswehr soldiers with military honors in front of the Federal Chancellery before welcoming the Prime Minister of Denmark.Bernd von Jutrczenka | Picture Alliance | Getty ImagesTax hikes and soaring debt might be...
Trump’s ‘big beautiful bill’ will pass before we leave D.C.
U.S Senate Majority Leader John Thune (R-SD) speaks to reporters following the weekly Republican policy luncheon at the U.S. Capitol Building on June 10, 2025 in Washington, DC. Kayla Bartkowski | Getty ImagesSenate Majority Leader John Thune said Monday that...
President slams Russia’s Medvedev over nuclear claim
Russia's Security Council's Deputy Chairman Dmitry Medvedev attends a meeting of the Council for Science and Education at the Joint Institute for Nuclear Research in the Moscow region's city of Dubna, Russia June 13, 2024. Alexei Maishev | Via ReutersPresident Donald...
Iran says it struck U.S. military bases in Qatar, Iraq: Live updates
U.S. President Donald Trump gestures while delivering remarks to U.S. troops during a visit to Al Udeid Air Base in Doha, Qatar, May 15, 2025. Brian Snyder | ReutersIran's armed forces said Monday they carried out missile strikes on U.S. military bases in Qatar and...
Iran attacks U.S. military base in Qatar with missiles
Iran on Monday launched what its armed forces called a "powerful and destructive missile strike on the United States' Al-Udeid military base in Qatar."Explosions were heard in the skies over Doha, the capital of Qatar. The Al-Udeid Air Base is located near...
Iran didn’t move Fordo nuclear material, Sen. Mullin says
U.S. intelligence found that Iran did not move nuclear material from its Fordo facility before American bombers blasted that site, despite a report to the contrary, Sen. Markwayne Mullin said Monday."They are claiming that they moved some material," Mullin said,...
Why China won’t mind a closure of the Strait of Hormuz
TOPSHOT - China's Foreign Minister Wang Yi (C) gestures as he welcomes Russia's Deputy Foreign Minister Sergey Ryabkov (R) and Iran's Deputy Foreign Minister Kazeem Gharibabadi before a meeting regarding the Iranian nuclear issue at the Diaoyutai State Guesthouse in...
Donald Trump calls ‘obliteration’ an accurate description of damage to Iran’s nuclear facilities
A satellite image shows the Fordo nuclear facility in Iran in this handout image dated June 14, 2025. Maxar Technologies | Via ReutersU.S. President Donald Trump on Sunday disputed Iranian attempts to downplay the strikes on its nuclear facilities, stressing that...
How the Israel-Iran standoff took a turn and what’s next after a pivotal 24 hours
ARLINGTON, VIRGINIA - JUNE 22: An operational timeline of a strike on Iran is displayed during a news conference with Chairman of the Joint Chiefs of Staff Air Force Gen. Dan Caine and U.S. Defense Secretary Pete Hegseth at the Pentagon on June 22, 2025 in Arlington,...
Allies to agree to spending hike but will they deliver?
US Secretary of Defense Pete Hegseth holds a bilateral meeting with NATO Secretary General Mark Rutte (2nd L) at the Pentagon in Washington, DC, April 24, 2025. Brendan Smialowski | AFP | Getty ImagesFireworks could kick off during NATO's annual summit this week, as...
Iran’s parliament backs blocking Strait of Hormuz
Cargo ships sail in the Gulf off the Iranian port city of Bandar Abbas, which is the main base of the Islamic republic's navy and has a strategic position on the Strait of Hormuz, on April 29, 2019.ATTA KENARE | AFP | Getty ImagesIran may be threatening to close the...
U.S. is at war with Iran’s nuclear program
US Vice President JD Vance speaks during a discussion at the Munich Leaders meeting hosted by the Munich Security Conference at the Willard Hotel in Washington, DC, May 7, 2025. Mandel Ngan | Afp | Getty ImagesVice President JD Vance said Sunday that the United States...
Hegseth Iran U.S. attack
U.S. Secretary of Defense Pete Hegseth holds a briefing at the Pentagon, after the U.S. struck Iranian nuclear facilities, during the Israel-Iran conflict, in Arlington, Virginia, on June 22, 2025, in this still image taken from handout video.U.s. Dod | Via...
Republican Party has nearly five times more cash on hand than the Democrats
Ken Martin speaks at the Democratic National Committee Winter Meeting at the Gaylord National Resort and Convention Center in National Harbor, Md., on Sat., Feb. 1, 2025.Rod Lamkey, Jr. | AP PhotoThe Republican National Committee has almost five times the cash on hand...
Trump live Iran attack
President Donald Trump addressed the nation Saturday evening, hours after the United States attacked Iran, striking three nuclear sites in Fordo, Natanz, and Esfahan.Earlier in the day, U.S. Air Force B-2 stealth bombers left Missouri heading toward the Pacific Ocean....
Satellite images show activity at Iran’s Fordo before U.S. air strikes
Maxar Technologies, a U.S. defense contractor, released satellite imagery on Sunday showing activity at Iran's Fordo nuclear facility prior to U.S. air strikes.The images of the secretive plant, which were collected on Thursday and Friday, depict truck and vehicle...
Trump pledged to be a ‘peacemaker’ in the Middle East — now the United States is entering a new war
US President Donald Trump speaks during inauguration ceremonies in the Rotunda of the US Capitol on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. Chip Somodevilla | Afp | Getty ImagesFive...
World leaders react after Trump says U.S. has bombed 3 nuclear sites in Iran, including Fordo
World leaders reacted to President Donald Trump's announcement Saturday that the U.S. had carried out a "very successful attack" on three nuclear sites in Iran, including Fordo."This is an HISTORIC MOMENT FOR THE UNITED STATES OF AMERICA, ISRAEL, AND THE WORLD. IRAN...
U.S. bombs Iran, Trump enters Israel’s war
President Donald Trump on Saturday said the United States had attacked Iranian nuclear sites, pushing America into Israel's war with its longtime rival and regional power."A short time ago, the U.S. military carried out massive precision strikes on the three key...
B-2 bombers Guam Middle East
A KC-135 Stratotanker aircraft refuels a B-2 Spirit aircraft with the 509th Bomb Wing over Kansas Aug. 29, 2012.U.S. Air Force photoThe United States is moving B-2 bombers to the Pacific island of Guam, two U.S. officials told Reuters on Saturday, as President Donald...
Trump spending bill food stamp plan
In another blow to the Republicans' tax and spending cut bill, the Senate parliamentarian has advised that a proposal to shift some food stamps costs from the federal government to states — a centerpiece of GOP savings efforts — would violate the chamber's rules.While...
Rhode Island lawmakers pass bill to ban sales of assault weapons
An AG43 automatic rifle is on display at a gun store in Arlington Virginia.Olivier Douliery | Sipa USA via AP ImagesRhode Island's Democratic-controlled state House on Friday approved legislation that would ban the sale and manufacturing of many semiautomatic rifles...
Supreme Court rejects toy company challenge
A person walks past the U.S. Supreme Court in Washington, D.C., U.S., April 21, 2025.Kevin Lamarque | ReutersThe Supreme Court on Friday rejected a request from two toy companies to expedite their challenge to President Donald Trump's tariffs.The ruling from the...
Europe, Iran to hold talks as Trump sets two-week deadline for U.S. strikes decision
KANANASKIS, ALBERTA - JUNE 16: U.S. President Donald Trump walks out to talk to reporters at the G7 Leaders' Summit on June 16, 2025 in Kananaskis, Alberta. Chip Somodevilla | Getty Images News | Getty ImagesTop U.K., France and Germany diplomats are pushing for...
Appeals court lets Trump keep control of National Guard troops deployed to Los Angeles
Members of the California National Guard stand guard outside the Federal Building before a curfew takes effect in Los Angeles on June 10, 2025, following days of protests in response to federal immigration operations that saw clashes spread across downtown. Benjamin...
US judge blocks Trump plan to tie states’ transportation funds to immigration enforcement
US President Donald Trump speaks to the press as workers install a large flag pole on the South Lawn of the White House in Washington, DC on June 18, 2025. Brendan Smialowski | Afp | Getty ImagesA federal judge on Thursday blocked President Donald Trump's...
Trump administration puts new limits on Congress visits to immigration centers
U.S. Department of Homeland Security Secretary Kristi Noem speaks at the Border Security Expo at the Phoenix Convention Center in Phoenix, Arizona, U.S. April 8, 2025. Rebecca Noble | ReutersThe U.S. Department of Homeland Security has put new restrictions on visits...
Canada to address unfair trade in steel and aluminum sectors, Carney says
Canada's Prime Minister Mark Carney welcomes U.S. President Donald Trump,as he arrives for the G7 Leaders' Summit in Kananaskis, Alberta, Canada, June 16, 2025. Chris Helgren | ReutersCanada will soon adopt tariff measures to address risks associated with persistent...
Trump slams Jerome Powell after Fed holds rates steady
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee's statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | ReutersPresident Donald Trump ripped into...
World braces for intensifying Iran-Israel conflict
Urgent international calls for restraint appear to be falling on deaf ears as the world braces for intensifying conflict in the Middle East.All eyes are on the White House, as U.S. President Donald Trump weighs carrying out direct military strikes on Iran. Such an act...
Trump, India’s Modi split over U.S. role in Pakistan ceasefire
US President Donald Trump and Indian Prime Minister Narendra Modi hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025.Andrew Caballero-Reynolds | Afp | Getty ImagesIndian Prime Minister Narendra Modi used his first...
Israeli president denies pursuing regime change in Iran
BERLIN, GERMANY - MAY 12: Israeli President Isaac Herzog speaks during a press conference with German President Frank-Walter Steinmeier (not pictured) at Schloss Bellevue presidential palace on May 12, 2025 in Berlin, Germany. Carsten Koall | Getty Images News | Getty...
Trump sends 2,000 more National Guard troops to Los Angeles
A man faces members of security forces outside the Edward R. Roybal Federal building after days of protests against federal immigration sweeps and the deployment of the California National Guard and U.S. Marines, in downtown Los Angeles, California, U.S., June 10,...
Melissa Hortman’s home broken into days after her murder: Police
Law enforcement establish a security perimeter near the residence of senior Democratic state assemblywoman Melissa Hortman after Hortman and her husband, Mark, were shot and killed earlier in the day, in Brooklyn Park, Minnesota, U.S., June 14, 2025. Tim Evans |...
Iran threatens ‘irreparable damage’ if U.S. enters Israel conflict
Iranian Supreme Leader Ayatollah Ali Khamenei makes the remarks during a ceremony marking the first anniversary of the death of former Iranian President Ebrahim Raisi, who died in a helicopter crash in northern Iran last year, in Tehran, Iran, on May 20, 2025.Anadolu...
These are the sticking points holding up a U.S.-EU trade deal
The EU and US flags flutter next to the military hub for Ukraine, in Jasionka, south-east Poland on March 6, 2025.Sergei Gapon | Afp | Getty ImagesThe U.S. and European Union are running out of time to strike a deal on trade tariffs — and analysts say several key...
Judge blocks Trump passport policy targeting transgender people
American Passports.Peter Garrard Beck | The Image Bank | Getty ImagesA federal judge on Tuesday blocked President Donald Trump's administration from refusing to issue passports to transgender and nonbinary Americans nationwide that reflect their gender identities.U.S....
ICE handcuffs NYC mayoral candidate Brad Lander
New York City Comptroller Brad Lander is placed under arrest by Immigration and Customs Enforcement (ICE) and FBI agents outside federal immigration court on Tuesday, June 17, 2025, in New York. Olga Fedorova | APNew York City Comptroller and mayoral candidate Brad...
Trump threatens Iran’s leader, demands ‘unconditional surrender’
U.S. President Donald Trump speaks to reporters aboard Air Force One after departing early from the the G7 summit in Canada to return to Washington, June 17, 2025. Kevin Lamarque | ReutersPresident Donald Trump on Tuesday warned Iranian leader Ali Khamenei that he is...
Trump to leave G7 summit early due to Middle East situation
U.S. President Donald Trump is leaving the Group of Seven summit in Canada a day early due to the situation in the Middle East, the White House said on Monday.The G7 has struggled to find unity over conflicts in Ukraine and between Israel and Iran as Trump overtly...
U.S. and UK announce a trade deal, but steel imports unresolved
U.S. President Donald Trump holds a folder with a document next to British Prime Minister Keir Starmer as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | ReutersU.S. President Donald Trump signed an...
Trump signals escalation in Israel-Iran conflict as he leaves G7 summit early
KANANASKIS, ALBERTA - JUNE 16: (L-R) Italian Prime Minister Giorgia Meloni, French President Emmanuel Macron, Canadian Prime Minister Mark Carney, U.S. President Donald Trump, British Prime Minister Kier Starmer, German Chancellor Friedrich Merz, European Union...
Minnesota shootings suspect to face first-degree murder charges
A memorial is seen on the desk of DFL State Rep. Melissa Hortman in the House chambers at the Minnesota State Capitol on June 16, 2025 in St. Paul, Minnesota. Steven Garcia | Getty ImagesFederal prosecutors on Monday charged the man accused of assassinating a...
Trump Organization announces mobile plan, $499 smartphone
US President Donald Trump disembarks from Air Force One while holding his cellphone with a text message from Roger Stone upon arrival at Joint Base Andrews in Maryland, May 30, 2025, after traveling to Pennsylvania to visit a US Steel plant. Saul Loeb | Afp | Getty...
Is Trump with us or against us?
U.S. President Donald Trump raises a fist as he steps off of Air Force One upon arrival at Calgary International Airport, before the start of the G7 summit, in Alberta, Canada, June 15, 2025. Dave Chidley | Afp | Getty ImagesOngoing trade instability and turmoil in...
Europe is trying to woo Southeast Asia — but it won’t win it over the U.S. or China
France's President Emmanuel Macron gives the keynote address at the Shangri-La Dialogue Summit in Singapore on May 30, 2025. Ludovic Marin | Afp | Getty ImagesEuropean leaders are looking to Southeast Asia with renewed interest amid Washington's aggressive tariff...
Israel vows Iran will ‘pay the price’ as attacks continue for a fourth day
Trails of Iranian ballistic missiles light up the night sky as seen from Gaza City during renewed missile strikes launched by Iran in retaliation against Israel on June 15, 2025. Anadolu | Anadolu | Getty ImagesTehran will "pay the price" for its fresh missile...
Trump travel ban
U.S. President Donald Trump's administration is considering significantly expanding its travel restrictions by potentially banning citizens of 36 additional countries from entering the United States, according to an internal State Department cable seen by...
Manhunt for Minnesota gunman continues for second day
Law enforcement officers with the River Valley Tactical Team, prepare to visit the home of Vance Luther Boelter, who officials describe as a person of interest in the killing of Rep. Melissa Hortman and her husband, and the shooting of Sen. John Hoffman, near Green...
Klobuchar mourns killed Minnesota Democrat as manhunt continues
Senator Amy Klobuchar, a Democrat from Minnesota, speaks during a news conference following Senate Democrat policy luncheons at the US Capitol in Washington, DC, US, on Tuesday, June 3, 2025. Eric Lee | Bloomberg | Getty ImagesSen. Amy Klobuchar remembered fellow...
Putin speaks to Trump, condemns Israel’s strikes on Iran, Kremlin says
Russian President Vladimir Putin meets with students during a visit to the Bauman Moscow State Technical University in Moscow, Russia April 16, 2025. Kristina Kormilitsyna | Via ReutersRussian President Vladimir Putin spoke to U.S. President Donald Trump for 50...
Trump No Kings protests military parade
LA County Sheriffs stand guard as demonstrators attend a "No Kings Day" protest against President Donald Trump's policies outside City Hall, in downtown Los Angeles, California, U.S., June 14, 2025. Mike Blake | ReutersTanks, troops and marching bands assembled in the...
G7 leaders gather in Canada for summit overshadowed by crisis
The flags of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union ahead of the Group of Seven (G-7) Leaders' Summit in Banff, Alberta, Canada, on Saturday, June 14, 2025. Bloomberg | Bloomberg | Getty ImagesLeaders of...
Israel targets Iran’s defense ministry, Tehran launches missile strike
Emergency and rescue soldiers search for trapped people around heavily damaged buildings after an overnight missile strike from Iran on June 15, 2025 in Bat Yam Israel. Iran launched a retaliatory missile strike on Israel starting late on June 13, after a series of...
U.S. judge blocks State Department’s planned overhaul, mass layoffs
U.S. Secretary of State Marco Rubio speaks to the media during a refueling stop at Shannon Airport in Shannon, Ireland, March 12, 2025, as he travels from talks with Ukraine in Saudi Arabia to attending a G7 Foreign Ministers meeting in Canada. Saul Loeb | Via...
What is Israel’s Iron Dome? How the missile defense system works
A projectile hit buildings as Israeli Iron Dome air defense system fires to intercept missiles over Tel Aviv, Israel, Friday, June 13, 2025.Leo Correa | AP PhotoThe Iron Dome missile defense system, or "Kippat Barzel" in Hebrew, is widely regarded as one of the most...
White House reviews SpaceX contracts as Trump-Musk feud simmers: Reuters
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025.Daniel Cole | ReutersThe White House earlier this month directed the Defense Department and NASA to gather details on billions of dollars in SpaceX contracts following the public blowout between...
Minnesota lawmaker killed in ‘politically motivated assassination,’ Gov. Tim Walz says
Minnesota Legislature House Speaker Melissa Hortman, DFL-Brooklyn Park held a morning press conference to lay out the priorities of the DFL majority Wednesday, Jan. 4, 2023 St. Paul, Minn.Glen Stubb | Star Tribune | Getty ImagesFormer Minnesota House Speaker Melissa...
Trump’s military parade becomes reality
A Sikorsky UH-60 Black Hawk helicopter to be used in the U.S. Army's 250th Birthday Celebration and Parade, is seen near U.S. Capitol in Washington, D.C., U.S., June 11, 2025. Alexander Drago | ReutersWASHINGTON — Thousands of troops will descend on Washington, D.C.,...
Trump loses bid to rehear E. Jean Carroll case appeal
Writer E. Jean Carroll arrives at the 2nd U.S. Circuit Court of Appeals, where former U.S. President Donald Trump will arrive to ask a federal appeals court to overturn a $5 million jury verdict finding him liable for sexually assaulting and defaming her, who accused...
Trump tariffs will hike inflation to 3%
Former Treasury Secretary Janet Yellen predicts President Donald Trump's tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate."I would expect inflation, on a year-over-year basis of this year, to...
Trump administration tells 500,000 immigrants to ‘self-deport’
A farmworker works in a strawberry field on June 12, 2025 in Oxnard, California. Anti-immigration crackdowns ordered by US President Donald Trump has seen federal authorities target factories and work sites since June 6, sparking days of angry protests in Los Angeles....
Trump urges Iran to reach nuclear deal ‘before there is nothing left’
President Donald Trump looks on during a National Economic Council meeting in the Oval Office at the White House March 24, 2017 in Washington, DC.Getty ImagesU.S. President Donald Trump on Friday morning urged Tehran to reach a nuclear deal "before there is nothing...
World leaders react to Israel’s strikes on Iran
People look over damage to buildings in Nobonyad Square following Israeli airstrikes on June 13, 2025 in Tehran, Iran.Majid Saeedi | Getty Images News | Getty ImagesWorld leaders are calling for restraint after Israel launched a series of airstrikes on Iran early...
Trump controls California National Guard after appeals court action
Police and national guards take measures as thousands of anti-ICE protesters are gathered outside of the Federal Building in Los Angeles, California on June 9, 2025 amid protests over immigration raids. Tayfun Coskun | Anadolu | Getty ImagesA federal appeals court...
Iran launches 100 drones at Israel in response to missile attack
Traffic flows on a highway in the Iranian capital Tehran on June 13, 2025 following reported Israeli strikes targeting Iran early in the morning. AFP | Getty ImagesDUBAI, United Arab Emirates — Iran launched more than 100 drones toward Israeli territory Friday morning...
Israel attacks Iran, kills armed forces chief Bagheri
People gather near damaged vehicles in the aftermath of Israeli strikes, in Tehran, Iran, June 13, 2025. Majid Asgaripour | WANA | Via ReutersIsrael launched a series of airstrikes against Iran early Friday morning local time, targeting locations it said were related...
Sen. Alex Padilla handcuffed at DHS press conference: Full video
Police handcuffed Sen. Alex Padilla, D-Calif., and pushed him to the ground Thursday after forcibly removing him from a press conference Homeland Security Secretary Kristi Noem was holding in Los Angeles.Padilla had entered the room and interrupted Noem as she was...
Trump signs resolutions to roll back California’s EV plans
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump on Thursday is signing three congressional resolutions that target California's statewide efforts to adopt electric vehicles and...
Trump calls Fed chief Powell ‘numbskull’ as he urges interest rate cut
US Federal Reserve Chair Jerome Powell waits to speak during a conference marking the 75th anniversary of the International Finance Division of the Federal Reserve Board in Washington, DC, on June 2, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesPresident Donald...
Trump wanted an Iran deal fast. Now he may get military confrontation
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran's Foreign Minister Abbas Araghchi speaking to AFP...
India’s Q4 FY25 Private Consumption Slows; Fiscal Deficit on Track, Reveals BoB Report, ET BFSI
Private consumption in the Indian economy moderated slightly in the fourth quarter of FY25, according to a recent report by Bank of Baroda.The report added that the real private consumption spending grew by 5.9 per cent in Q4FY25, a marginal dip from 6.2 per cent...
India Moves Towards Universal KYC System for Financial Sector, ET BFSI
New Delhi: Financial sector regulators, including the Reserve Bank of India, will look at a universal know your customer (KYC) framework and develop systems with the Central Know Your Customer Registry (CKYCR) to promote the inter-usability of records and avoid...
RBI Steps Up Oversight on Payment Firms to Combat Fraud in Digital Payments, ET BFSI
The Reserve Bank of India has tightened its scrutiny of newly licensed payment aggregators with regular audits and close inspection of the procedures they follow, according to industry executives.After the regulator brought digital payments within its ambit, it is...
U.S. preparing to partially evacuate Iraq embassy over regional security risks: Reuters sources
US and French soldiers stand guard at Union III Camp in the Green Zone of the Iraqi capital Baghdad on May 22. Ahmad Al-Rubaye | AFP | Getty ImagesThe United States is preparing a partial evacuation of its Iraqi embassy and will allow military dependents to leave...
India Tightens Rules on Overseas Remittances, Bans Foreign Currency Time Deposits, ET BFSI
MUMBAI -India's central bank plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency deposits with lock-in periods, two government sources said.The Reserve Bank of India (RBI) will amend regulations to prevent...
Tariff pause for countries in ‘good faith’ talks
U.S. Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee in the Rayburn House Office Building in Washington, D.C., on June 11, 2025.Kevin Dietsch | Getty ImagesTreasury Secretary Scott Bessent signaled the Trump administration's...
RBI Reports Over 50% Drop in Digital Banking Frauds in FY25, ET BFSI
Fraud cases involving internet and cards in the banking sector fell by more than 50% in FY25 over the corresponding year (FY24). It comes a year after a sharp increase in frauds under the internet and cards category, which rose by four times between 2022-23 and...
Sebi Launches Verified UPI to Prevent Stock Market Scams, ET BFSI
MUMBAI: To counter the increasing menace of stock market related cyber frauds, Sebi on Wednesday said it will launch a verified payment mechanism that will show if investors transferring funds are paying to genuine Sebi-registered entities or not. The new mechanism...
PBS, NPR funding at risk as House votes on $9.4 billion in DOGE cuts
U.S. President Donald Trump and U.S. House Speaker Mike Johnson react during an Invest America Roundtable in the State Dining room, at the White House, in Washington, U.S., June 9, 2025. Evelyn Hockstein | ReutersThe House on Wednesday moved a step closer to approving...
U.S. tariffs on China won’t change again, Lutnick says
Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized.Asked on CNBC's "Money Movers" if the current U.S....
Fulbright board quits over Trump admin scholarship meddling
The Harry S. Truman Federal Building, headquarters of the U.S. Department of State, is pictured on October 8, 2024 in Washington, DC. Kevin Dietsch | Getty ImagesThe entire Fulbright Foreign Scholarship Board resigned over what it said Wednesday was meddling by the...
Trump says China will supply rare earths in ‘done’ deal
U.S. President Donald Trump takes questions from the media at the White House in Washington, D.C., U.S., May 7, 2025.Leah Millis | ReutersU.S. President Donald Trump Wednesday said that China will supply rare earths upfront to the U.S. as part of a trade agreement.The...
Terry Moran out at ABC News for Trump, Miller hater post
Terry Moran on ABC News on November 5, 2024.David Russell | Disney General Entertainment Content | Getty ImagesABC News said Tuesday it is cutting ties with star national correspondent Terry Moran over a social media post in which he called President Donald Trump and...
RBI’s Active Use of Cash Reserve Ratio to Enhance Liquidity Management, ET BFSI
RBI to use cash reserve ratio more actively to manage liquidity, says sourceIndia's central bank plans to use cash reserve ratio "more often" as a tool to manage liquidity and speed up monetary policy transmission, moving away from the practice of deploying it only in...
Trump tariffs may remain in effect while appeals proceed, U.S. appeals court rules
U.S. President Donald Trump speaks to the media upon arrival at Joint Base Andrews following a visit to North Carolina, in Maryland, U.S., June 10, 2025. Evelyn Hockstein | ReutersA federal appeals court allowed President Donald Trump's most sweeping tariffs to remain...
Trump Treasury Sec. Bessent leaves but U.S.-China trade talks continue
U.S. Treasury Secretary Scott Bessent leaves on his way back to the U.S., while trade talks between the U.S. and China continue, in London, Britain, June 10, 2025. Toby Melville | ReutersU.S. Treasury Secretary Scott Bessent said Tuesday he is departing ongoing trade...
Elon Musk says he regrets some social media posts he made about Trump
"I regret some of my posts about President @realDonaldTrump last week. They went too far," Elon Musk said on the X social media platform.Alex Wroblewski | Afp | Getty ImagesTech billionaire Elon Musk on Wednesday said he regretted some of the social media posts he...
Trump says D.C. military parade protesters will see heavy force
U.S. President Donald Trump speaks in the Oval Office at the White House in Washington, D.C., U.S., June 10, 2025. Nathan Howard | ReutersPresident Donald Trump warned Tuesday that protestors at his upcoming military parade in Washington, D.C., will be met with "heavy...
California seeks bar on troops in LA
California National Guard personnel stand outside the Edward R. Roybal federal building after their deployment by U.S. President Donald Trump, in response to protests against immigration sweeps, in Los Angeles, California, U.S. June 8, 2025. David Ryder |...
Trump military deployments to LA will cost $134 million
Members of the California Nationa Guard stand watch outside the Edward R. Roybal Federal Building on the morning of June 10, 2025, following another day of protests in response to federal immigration operations in Los Angeles. Ronaldo Schemidt | Afp | Getty...
Framed immigrant gets bond in deportation case
ICE arrested Ramon Morales-Reyes, a 54-year-old from Mexico on May 22, 2025.Courtesy: U.S. Homeland SecurityThe undocumented Mexican immigrant who was detained after being framed by a jailed inmate for threatening President Donald Trump can be released on a $7,500...
Nirmala Sitharaman Leads 29th FSDC Meeting to Enhance Financial Stability in India, ET BFSI
Finance Minister Nirmala Sitharaman chairs 29th FSDC meeting in MumbaiNew Delhi [India], June 10 (ANI): The Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the 29th meeting of the Financial Stability and Development Council (FSDC) in...
RBI’s mammoth rate cut to diligently perform a new troika: SBI Research, ET BFSI
New Delhi, The RBI monetary policy committee's (MPC) decision to go for a relatively mammoth cut, while changing the stance to neutral, should not be confused with a pause on future rate cuts trajectory in the medium term, but rather a semblance of adopting flexible...
RBI to Auction Rs 5000 Cr Sovereign Green Bonds Amid Rs 30,000 Cr G-Sec Sale, ET BFSI
RBI to re-issue Sovereign Green Bonds of Rs 5000 cr in upcoming Rs 30,000 cr govt securities auctionNew Delhi [India], June 10 (ANI): The Reserve Bank of India (RBI) has announced the re-issue of sovereign green bonds (SGrBs) as part of the upcoming government...
Fund managers lobby Congress on Section 899 to avert foreign investors exit
American fund managers are lobbying Congress over a provision tucked inside President Donald Trump's tax bill that they say could lead to foreign investors "quickly" pulling investments out of the U.S.The "One Big Beautiful Bill Act," which passed through the U.S....
RBI Calls for Urgent Reforms in India’s Microfinance Sector Amidst Crisis, ET BFSI
India's microfinance sector continues to grapple with high interest rates, rising borrower over-indebtedness, and coercive recovery practices, highlighting the need for urgent lender reforms, a deputy governor of the central bank said. "The (microfinance) sector...
Piyush Goyal Highlights Growth Amid Global Economic Changes, ET BFSI
Bern, There is no declining trend in Foreign Direct Investments (FDI) into India, though periodic fluctuations may occur sometimes due to global interest rate changes, Commerce and Industry Minister Piyush Goyal has said.He added India is seeing renewed overseas...
Trump to keep Starlink at White House despite break with Elon Musk
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPresident Donald Trump said on Monday he has no plans to discontinue Starlink at the...
Trump supports arrest of California Gov. Newsom
California Governor Gavin Newsom (R) speaks as California Attorney general Rob Bonta looks on during a news conference at Gemperle Orchard on April 16, 2025 in Ceres, California.Justin Sullivan | Getty ImagesPresident Donald Trump said Monday that he would support...
CEOs to unveil investments for newborns at White House
US President Donald Trump gives a thumbs up as he exits Marine One and walks to board Air Force One at Joint Base Andrews, Maryland, on June 6, 2025. Andrew Caballero-Reynolds | AFP | Getty ImagesThe CEOs of Uber, Dell, Goldman Sachs and more are expected to announce...
RBI’s surprise rate, CRR cuts may accelerate banks’ earnings recovery: Analysts, ET BFSI
Mumbai: The Reserve Bank of India's surprise 50 basis points cut in the repo rate is expected to lead to an earlier-than-anticipated bottoming out of net interest margins (NIMs) for banks, potentially paving the way for a quicker earnings recovery, according to...
RBI Rate Cut Fuels Bullish Start for Indian Stock Markets; Sensex and Nifty Surge 0.5%, ET BFSI
Mumbai (Maharashtra) [India], June 9 (ANI): Indian stock markets started the week on a strong note, opening higher on Monday as investor confidence got a boost from the recent jumbo rate cut announced by the Reserve Bank of India (RBI).The Nifty 50 index opened at...
Trump’s travel ban immigration enforcement
FILE PHOTO: An international traveler arrives after U.S. President Donald Trump's executive order travel ban at Logan Airport in Boston, Massachusetts, U.S. January 30, 2017. REUTERS/Brian Snyder/File PhotoBrian Snyder | ReutersPresident Donald Trump's new ban on...
Engagement Note Revealed, ET BFSI
Capital markets regulator Sebi has issued a corrigendum to its recent interim order in the IndusInd Bank insider trading case. The market regulator clarified that a key document in its investigation was incorrectly referred to as a “board note” in the original order...
China and U.S. trade officials to hold talks in London
TangMan Photography | Getty ImagesU.S. President Donald Trump's top trade officials are meeting their Chinese counterparts in London on Monday for talks aimed at resolving an ongoing trade dispute between the world's two largest economies.U.S. Treasury Secretary Scott...
RBI’s bold rate cut sets stage for market rally: Sandip Sabharwal, ET BFSI
"I think most of the MFI-focused companies are trading at somewhat distressed valuations. And there were two comments, specifically, one that the RBI has clearly stated that they see easing stress on the unsecured loan book, so that is overall good for the financial...
Speaker Johnson hopes Musk and Trump can ‘reconcile’ their differences after public fallout
US Speaker of the House Mike Johnson, Republican from Louisiana, speaks during a news conference after a House Republican conference meeting on Capitol Hill in Washington, DC on June 4, 2025. Saul Loeb | Afp | Getty ImagesHouse Speaker Mike Johnson said Sunday that he...
What to know about Trump’s deployment of National Guard troops to L.A. protests
President Donald Trump says he's deploying 2,000 California National Guard troops to Los Angeles to respond to immigration protests, over the objections of California Gov. Gavin Newsom.It's not the first time Trump has activated the National Guard to quell protests....
Protesters rally against ICE for second day in Los Angeles
"Death to ICE" is written on a garbage cart following multiple detentions by Immigration and Customs Enforcement (ICE), in downtown Los Angeles on June 6, 2025.Daniel Cole | ReutersFederal agents in Los Angeles on Saturday faced off against demonstrators protesting...
Trump deploys National Guard to Los Angeles for immigration protests
U.S. Border Patrol and protesters clash after a raid was conducted by Immigration and Customs Enforcement near a Home Depot of illegal immigrants in Paramount, California on June 06, 2025.Anadolu | Anadolu | Getty ImagesPresident Donald Trump signed an order to deploy...
Elon Musk will face consequences if he backs Democrats
U.S. President Donald Trump gestures while boarding Air Force One as he departs for New Jersey at Joint Base Andrews, Maryland, U.S., June 6, 2025. Nathan Howard | ReutersPresident Donald Trump told NBC News on Saturday that Elon Musk would see "serious consequences"...
Elon appears to delete X posts
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025.Nathan Howard | ReutersElon Musk has appeared to delete some of his posts on his social media platform X that escalated...
JD Vance says Musk huge mistake Trump
Vice President JD Vance said Elon Musk was making a "huge mistake" going after President Donald Trump in a storm of bitter and inflammatory social media posts after a falling out between the two men.But the vice president, in an interview released Friday after the...
Cryptocurrencies Threaten India’s Financial Stability; No New Regulations Yet, ET BFSI
Crypto trading in India: Could hamper financial stability, says RBI gov; no new Bill yetThe Reserve Bank of India once again raised red flags over cryptocurrencies, warning that these digital assets could threaten the financial stability and monetary policy.Speaking...
Kilmar Abrego Garcia returns to face immigrant smuggling charges
U.S. Reps. Nydia Velazquez, D-N.Y., at left, and Juan Vargas, D-Calif., hold pictures of Kilmar Abrego Garcia during a news conference to discuss Abrego Garcia’s arrest and deportation, at the Cannon House Office Building in Washington, April 9, 2025.Alex Wong | Getty...
Last Chance to File!, ET BFSI
New Delhi, GST Network on Saturday said beginning the July tax period, GST taxpayers will not be able to file monthly and annual GST returns after three years of the original filing due date.The July 2025 tax period means taxpayers will file monthly returns in August...
Trump says he has no plans to speak to Musk as feud persists
President Donald Trump said on Friday that he has no plans to speak with Elon Musk, signaling the president and his former ally might not resolve their feud over a sweeping tax-cut bill any time soon.Addressing reporters aboard Air Force One, Trump said he wasn't...
RBI’s ‘unanticipated surprise’ move to cut repo rate will boost credit growth: Bankers, ET BFSI
Welcoming the 0.50 per cent rate cut along with a staggered reduction in the cash reserve ratio, bankers on Friday affirmed that the RBI moves will lead to an acceleration in the credit growth.CS Setty, Chairman of the largest lender SBI, who also chairs the...
Trump says China’s Xi agreed to let rare earth minerals flow to U.S.
U.S. President Donald Trump speaks to reporters aboard Air Force One en route to New Jersey, U.S., June 6, 2025. Nathan Howard | ReutersU.S. President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to...
Trump announces U.S.-China trade talks in London next week
Treasury Secretary Scott Bessent and two other Trump administration officials will meet with their Chinese counterparts in London on Monday for renewed trade talks, President Donald Trump said.Bessent, who has been leading the administration's efforts to craft a deal...
Trump might sell Tesla after Musk feud
A Tesla vehicle is parked on West Executive Avenue near the White House and the Eisenhower Executive Office building in Washington, D.C., U.S., June 5, 2025.Jeff Mason | ReutersPresident Donald Trump is the latest Tesla owner to think about getting rid of his car...
RBI Denies Annapurna Finance’s Request for Universal Bank License, ET BFSI
RBI rejects Annapurna Finance's Universal Bank License applicationThe Reserve Bank of India (RBI) on Friday, through a press release, announced its decision on a universal bank application it had received.The Central Bank said it has completed the examination of the...
Trump urges Fed chief Powell to cut rates
US President Donald Trump during a meeting with Chancellor of Germany Friedrich Merz in the Oval Office of the White House on Thursday June 5, 2025. Demetrius Freeman | The Washington Post | Getty ImagesPresident Donald Trump on Friday urged Federal Reserve Chairman...
Musk vs Trump dominated, yet Germany’s Merz walked away with a win
President Donald Trump gestures toward the press as he greets German Chancellor Friedrich Merz upon arrival at the West Wing of the White House in Washington, DC, on June 5, 2025.Saul Loeb | Afp | Getty ImagesGerman Chancellor Friedrich Merz's meeting with U.S....
Cryptocurrencies Threaten India’s Financial Stability; No New Regulations Yet, ET BFSI
Crypto trading in India: Could hamper financial stability, says RBI gov; no new Bill yetThe Reserve Bank of India once again raised red flags over cryptocurrencies, warning that these digital assets could threaten the financial stability and monetary policy.Speaking...
Trump ‘not interested’ in Musk call, White House official says
Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPresident Donald Trump is "not interested" in a call with Tesla CEO Elon Musk to resolve...
India’s Forex Reserves Adequately Cover External Debt and Imports, Says RBI Governor, ET BFSI
By Siddhi NawarAt the Reserve Bank of India’s 55th monetary policy meeting in April, Governor Sanjay Malhotra shared a comprehensive overview of India’s external sector performance, trade dynamics, and investment inflows.In his monetary policy statement, Governor...
Trump threatens Tesla CEO Elon Musk companies’ contracts
President Donald Trump on Thursday called Tesla CEO Elon Musk "CRAZY" and threatened to cut his companies' government contracts as the two men feuded over a major tax bill."The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate...
SpaceX to decommission Dragon over Trump threat
Elon Musk on Thursday said that his company SpaceX will begin decommissioning its Dragon spacecraft "immediately" because of threats by President Donald Trump to cancel government contracts with Musk's businesses.But hours later, Musk said, "Ok, we won't decommission...
Trump-Musk feud draws reactions from billionaires, politicians and pundits
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | ReutersDonald Trump and Elon Musk seemed inseparable not so long ago: attending events together, doing joint...
A timeline of Donald Trump and Elon Musk’s relationship
U.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Nathan Howard | ReutersJuly 2024Musk publicly endorses Trump following an assassination attempt at a campaign rally in Butler,...
Trump says Musk slams bill over NASA post, EV credit
President Donald Trump on Thursday said that Elon Musk has been criticizing his proposed tax bill because the Tesla CEO is "upset" about the elimination of EV credits in the package, and his pick to run NASA being nixed by the Trump administration.Trump spoke after...
Duffy threatens to pull $4 billion from California high-speed rail
Transportation Secretary Sean Duffy holds a news conference at Newark Liberty International Airport, where he announced the reopening of a major runway at the airport, nearly two weeks ahead of schedule on June 2, 2025 in Newark, New Jersey. Spencer Platt | Getty...
Musk ramps up Trump tax bill attacks
Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025.Evelyn Hockstein | ReutersElon Musk on Wednesday ramped up his attacks against the massive tax-cut bill President Donald Trump...
Trump holds call with Xi, Chinese media says
President Donald Trump held a phone call with China President Xi Jinping, Chinese media outlet Xinhua reported Thursday.The call was initiated by Trump, Beijing's Ministry of Foreign Affairs said in a subsequent statement.The White House did not immediately respond to...
Trump admin loses appeal against bar on Education Department layoffs
A U.S. Department of Education employee leaves the building with their belonging on March 20, 2025 in Washington, DC.Win McNamee | Getty ImagesThe Trump administration on Wednesday lost a bid to lift a federal judge's order temporarily blocking the U.S. Education...
Trump threat case: Immigrant remains in detention
ICE arrested Ramon Morales-Reyes, a 54-year-old from Mexico on May 22, 2025.Courtesy: U.S. Homeland SecurityAn undocumented immigrant who prosecutors say was framed by a jail inmate for writing threatening letters about President Donald Trump was ordered Wednesday to...
Massive Gold Purchases by Central Banks on the Rise for Fourth Consecutive Year, Reports Metals Focus, ET BFSI
Central banks on track for 4th year of massive gold purchases, Metals Focus saysBy Polina DevittLONDON - Central banks worldwide are on track to buy 1,000 metric tons of gold in 2025, which would be their fourth year of massive purchases as they diversify reserves...
Focus on Sustaining Economic Growth Amid Inflation Drop, ET BFSI
RBI's MPC to keep its focus on growth momentum; 25 bps rate cut likely: CareEdge RatingsNew Delhi [India], June 5 (ANI): The Monetary Policy Committee (MPC) is expected to maintain its focus on supporting the ongoing recovery in economic growth momentum, Careedge...
Trump bans citizens of 12 countries from travel to the U.S.
The Trump administration signed a proclamation Wednesday suspending travel to the U.S. for citizens from 12 countries: Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen.Citing national security interests, the...
Trump admin cannot deport Colorado attack suspect family
A man reads a note placed on a memorial at the scene of an attack that injured multiple people, outside the Boulder County Courthouse, in Boulder, Colorado, U.S. June 2, 2025.Mark Makela | ReutersA federal judge on Wednesday temporarily barred the Trump administration...
As Germany’s Merz meets Trump, these topics are top of his agenda
The flags of the U.S. and Germany are on the table at a bilateral meeting between German Economics Minister Habeck and U.S. Secretary of State Blinken at a hotel on the Gendarmenmarkt. Photo: Christoph Soeder/dpa (Photo by Christoph Soeder/picture alliance via Getty...
Finance Minister Nirmala Sitharaman to chair FSDC meeting on June 10, ET BFSI
New Delhi: Finance minister Nirmala Sitharaman will chair a meeting of Financial Stability and Development Council (FSDC) in Mumbai on June 10 to review current domestic and global economic scenario and regulatory and supervisory issues, a senior official said.The...
Trump suspends entry of international students studying at Harvard
A Harvard sign is seen at the Harvard University campus in Boston, Massachusetts, on May 27, 2025. Rick Friedman | Afp | Getty ImagesU.S. President Donald Trump on Wednesday suspended for an initial six months the entry into the United States of foreign nationals...
Retail Inflation Set to Hit 6-Year Low of 3% in May with Declining Food Prices, ET BFSI
Retail inflation, or the Consumer Price Index (CPI), will continue to moderate to 3.0 per cent in May, a six-year low, mainly due to the sequential moderation in prices of cereals and pulses even as most other segments started to strengthen, according to a Union Bank...
Experts Split on Future of Interest Rates, ET BFSI
The Reserve Bank of India’s Monetary Policy Committee (MPC) begins its crucial three-day meeting today in Mumbai to decide the course of India’s key interest rates. Chaired by RBI Governor Sanjay Malhotra, the committee’s decision will be announced on Friday, June 6,...
Trump directs probe into Biden’s use of autopen, Biden says policy decisions were his
Former U.S. President Joe Biden speaks during a ceremony, at Veterans Memorial Park in Wilmington, Delaware, U.S. May 30, 2025. Ken Cedeno | ReutersU.S. President Donald Trump directed his White House counsel on Wednesday to investigate whether former President Joe...
Education Dept. says Columbia fails to meet accreditation standards
Students are seen on the campus of Columbia University on April 14, 2025, in New York City. Charly Triballeau | Afp | Getty ImagesThe U.S. Education Department said Wednesday that Columbia University has failed to meet the standards for accreditation because it "is in...
Republican FCC commissioner Simington will step down this week
Nathan Simington, Commissioner at the Federal Communications Commission (FCC) testifies during a House Energy and Commerce Committee Subcommittee hearing on March 31, 2022 in Washington, DC. The subcommittee held a hearing on oversight of the FCC. Kevin Dietsch |...
Ron Johnson rips into Trump tax bill
Republican Sen. Ron Johnson on Wednesday blasted President Donald Trump's "one big, beautiful bill" as "immoral" and "grotesque," and reiterated that he will vote against it unless his GOP colleagues make major changes."This is immoral, what us old farts doing to our...
Putin vowed Russia retaliation against Ukraine
Russian President Vladimir Putin and U.S. President Donald Trump.Mikhail Metzel | Evelyn Hockstein | Via ReutersPresident Donald Trump on Wednesday said he spoke with Russian leader Vladimir Putin for well over an hour about Ukraine's latest attack on Russian...
Trump tax bill CBO score finds BBB would add $2.4 trillion to deficit
House Judiciary Committee Chairman Rep. Jim Jordan (R-OH) (C) speaks alongside U.S. Speaker of the House Mike Johnson (R-LA) at a news conference after the House narrowly passed a bill forwarding President Donald Trump's agenda at the U.S. Capitol on May 22, 2025 in...
Dutch government collapse strands Netherlands ahead of key NATO summit
TOPSHOT - Dutch radical right party PVV leader Geert Wilders (C) addresses the media as he arrives for the weekly coalition talks in the Lower House in The Hague, on June 3, 2025. (Photo by Robin van Lonkhuijsen / ANP / AFP) / Netherlands OUT (Photo by ROBIN VAN...
Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | ReutersPresident Donald Trump on...
Government Maintains Current FDI Policy for Land Border Nations, ET BFSI
New Delhi, The government has not made any amendments to the foreign direct investment (FDI) policy for countries sharing land border with India, sources said on Wednesday.In 2020, the government issued Press Note 3 under which investors from these land bordering...
RBI’s Monetary Policy Committee Set to Implement Third Rate Cut Amidst Benign Inflation, ET BFSI
New Delhi, The Reserve Bank of India's Monetary Policy Committee (MPC) meeting kicked off on Wednesday to decide on the repo rate cut and according to economists and industry experts, the Central Bank is likely to go for a third 25 bps cut in the repo rate to 5.75 per...
Economists Split on Third Repo Rate Cut, ET BFSI
The Reserve Bank of India’s Monetary Policy Committee (MPC) began its two-day meeting in Mumbai this week to review interest rates, while economists offer different views on how the central bank should proceed.Some economists, like Debopam Chaudhuri of the Piramal...
Elon Musk tenure at DOGE subject of Sen. Warren report
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesSen. Elizabeth Warren's office issued a report Tuesday chronicling Elon Musk's "130...
Trump death threat letters were deportation plot: Court documents
Homeland Security Secretary Kristi Noem speaks to employees at the Department of Homeland Security, Tuesday, Jan. 28, 2025, in Washington, U.S. Manuel Balce Ceneta | Via ReutersThreatening letters about President Donald Trump that led to the highly-touted arrest by...
Colorado fire attack suspect family taken into ICE custody
U.S. Secretary of Homeland Security (DHS) Kristi Noem testifies before the House Appropriations Homeland Security Subcommittee hearing on oversight of the Department of Homeland Security, on Capitol Hill in Washington, D.C., U.S., May 6, 2025. Kevin Lamarque |...
Musk blasts Trump Big Beautiful Bill
Elon Musk speaks during a press event with U.S. President Donald Trump (not pictured), at the White House in Washington, D.C., U.S., May 30, 2025.Nathan Howard | ReutersElon Musk on Tuesday tore into the massive tax-and-spending-cut bill backed by President Donald...
Trump slams Rand Paul for opposing bill due to debt ceiling hike
President Donald Trump on Tuesday blasted Sen. Rand Paul after the Kentucky Republican criticized the massive Trump-backed budget bill over its provision to raise the debt ceiling by trillions of dollars.Paul, a staunch libertarian, said on CNBC's "Squawk Box" that he...
Trump’s foreign student policy could deter next Elon Musk: Ro Khanna
Democratic Rep. Ro Khanna of California warned Tuesday that the nation's economy and talent pipeline could take a hit if international students opt against attending colleges in the United States because of President Donald Trump's visa policies."The reality is that...
Trump NJ lawyer Habba sued over Baraka ICE jail arrest
Alina Habba, Acting U.S. Attorney for the District of New Jersey, arrives at the courthouse where Mayor of Newark, Ras Baraka's hearing will be held on May 15, 2025 in Newark, New Jersey. Stephanie Keith | Getty ImagesNewark, New Jersey, Mayor Ras Baraka sued his...
Nomura Predicts RBI to Slash Repo Rate by 100 Basis Points by 2025, ET BFSI
RBI expected to cut repo rate by 100 basis points by 2025 end: NomuraNew Delhi, The Reserve Bank of India (RBI) is expected to cut the repo rate by 100 basis points -- from 6 per cent to 5 per cent -- by the end of 2025, according to a Nomura report.In its 'Asia H2...
Focus on AI, CBDC Expansion, and Fraud Detection, ET BFSI
RBI’s FY26 Fintech Playbook: AI Framework, CBDC expansion, Mule Hunt & B2C in ULIBy Sarthak MehtaThe Reserve Bank of India (RBI) announced this fiscal year's agenda regarding FinTech in its Annual Report 2024- 25.The objectives were listed following a status...
RBI Reduces Dollar Exposure and Boosts Rupee Liquidity, ET BFSI
Mumbai: The Reserve Bank of India (RBI) has started cutting its forward positions and countering its impact by infusing durable rupee liquidity via open market operations (OMOs). The central bank's total net short dollar position in the forward book fell to $52.4...
Positive Outlook for India’s Economy, Says ICICI Bank, ET BFSI
The Reserve Bank of India's (RBI) decision to maintain higher risk buffers is expected to strengthen its balance sheet and support India's macroeconomic fundamentals, especially at a time when global oil prices are expected to remain benign, according to a recent...
Dutch government collapses as Wilders withdraws party from coalition
The Netherlands far-right PVV Freedom Party leader Geert Wilders speaks to the media representatives following the European Parliament elections provisional results in The Hague on June 6, 2024. Emiel Muijderman | Afp | Getty ImagesThe Dutch government collapsed on...
Boulder fire attack suspect Soliman charged with federal hate crime
Mohamed Sabry Soliman, man accused of attacking a rally supporting Israeli hostages in Boulder, Colorado.Obtained by NBC NewsFederal prosecutors on Monday charged the suspect in a fire attack on demonstrators in Boulder, Colorado, with a charge of hate crime.A...
Trump ‘close’ on some trade deals: Top White House aide
Deputy Treasury Secretary Michael Faulkender said Monday that the Trump administration continues "to make very good progress" on trade negotiations, and it is "close to the finish line on a couple" of deals."As long as we continue to make progress, I think you're...
Trump and China’s Xi will likely talk very soon: White House
President Donald Trump and China's President Xi Jinping shake hands at a press conference following their meeting at the Great Hall of the People in Beijing.Artyom Ivanov | TASS | Getty ImagesPresident Donald Trump and Chinese President Xi Jinping are likely to speak...
RBI Expected to Implement Major 50 Basis Points Rate Cut: SBI Research, ET BFSI
RBI may go for 'jumbo rate cut' of 50 bps on Friday: SBI researchNew Delhi, The Reserve Bank of India (RBI) may go for a "jumbo rate cut" of 50 basis points on Friday to reinvigorate the credit cycle and counterbalance uncertainties, said SBI research report.RBI's...
Over Rs 6,181 Crore Still in Circulation Despite RBI Withdrawal, ET BFSI
Rs 2000 notes worth Rs 6,181 cr still in circulation: RBIMumbai, The high-value Rs 2000 notes worth Rs 6,181 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data released on Monday.Rs 2000 banknotes...
Rate cut expected, RBI’s views in focus with economy near a sizzle, ET BFSI
Mumbai: The Reserve Bank of India is expected to cut interest rates for the third straight monetary policy meeting this week amid easing price pressures, according to economists. They are now keenly awaiting the central bank's commentary on inflation and growth to get...
China says U.S. undermined Geneva trade deal after Trump accusations
Conflict between USA and China, male fists - governments conflict conceptYaorusheng | Moment | Getty ImagesChina on Monday refuted Washington's claims that it had broken the Geneva trade agreement, instead accusing the U.S. for breaching deal terms, signaling talks...
Experts Forecast 25 Basis Points Rate Cut on June 6 Amid Cooling Inflation, ET BFSI
New Delhi, As the RBI's Monetary Policy Committee (MPC) is set to meet later this week, analysts on Monday expected the Central Bank to go for a third consecutive rate cut of 25 basis points as inflation continues to remain below the median target of 4 per cent.The...
India Calls for Urgent Restoration of WTO Dispute Resolution System to Ensure Fair Trade, ET BFSI
Commerce and Industry Minister Piyush Goyal on Sunday said that finalising and restoring a dispute resolution mechanism of the World Trade Organisation (WTO) quickly is important to maintain the core philosophy of the Geneva-based multi-lateral body.He said that a...
Trump-backed nationalist clinches Poland’s presidency
WARSAW, POLAND - JUNE 01: Karol Nawrocki, presidential candidate of the Law and Justice Party (PiS), gestures as he arrives with his family to cast his ballot at a polling station during the Polish presidential runoff election on June 01, 2025 in Warsaw, Poland....
Musk says doesn’t want responsibility for all Trump policies
Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPresident Donald Trump lauded billionaire Elon Musk on Friday as the Tesla CEO wrapped...
Trump advisers say tariffs ‘not going away’ amid legal fight
US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, on May 30, 2025. Saul Loeb | AFP | Getty ImagesPresident Donald Trump's top economic advisers maintained confidence on Sunday that the "tariffs are not going away," as a key tenet of...
Trump and Xi could soon talk about trade, Hassett says
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | ReutersNational Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China's President Xi...
New German leader Friedrich Merz will meet Trump at the White House next week
German conservative candidate for chancellor and Christian Democratic Union (CDU) party leader Friedrich Merz attends a press conference following the general election in Berlin, Germany, February 24, 2025. Fabrizio Bensch | ReutersGerman Chancellor Friedrich...
EU responds Trump raising steel tariffs to 50%
President Donald Trump speaks to supporters during a rally at the US Steel-Irvin Works on May 30, 2025 in West Mifflin, Pennsylvania. Jeff Swensen | Getty ImagesThe European Union on Saturday criticized President Donald Trump's move to double tariffs on steel imports,...
U.S. judge prevents Trump from invalidating 5,000 Venezuelans’ legal documents
U.S. military personnel escort alleged members of the Venezuelan gang Tren de Aragua and the MS-13 gang recently deported by the U.S. government to be imprisoned in the Terrorism Confinement Center (CECOT) prison, as part of an agreement with the Salvadoran...
Damning IAEA report spells out past secret nuclear activities in Iran
A picture taken on November 10, 2019, shows an Iranian flag in Iran's Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility.ATTA KENARE | AFP via Getty ImagesIran carried out secret nuclear activities with...
RBI Considers Bank-Like Interest Rate Norms for NBFCs to Enhance Transparency, ET BFSI
RBI may introduce bank-like rate norms for NBFCs to plug policy gapsIn a bid to plug policy gaps and improve transparency in loan pricing, the Reserve Bank of India (RBI) is considering implementing interest rate regulations for non-banking finance companies (NBFCs)...
Finance ministry wants relief for small gold loans, ET BFSI
The finance ministry has suggested that the Reserve Bank of India (RBI) exempt small borrowers, seeking credit below Rs 2 lakh, from its draft directions on lending against gold collateral to ensure speedy disbursal of such loans. It also said the proposed rules...
RBI to Revamp Internet & Mobile Banking Regulations and Expand Digital Lending Platforms, ET BFSI
Reserve Bank of IndiaThe Reserve Bank of India (RBI) has announced plans to review the regulatory framework governing internet and mobile banking as part of its agenda for the new year, outlined in its latest annual report.The central bank will also broaden the scope...
PBS sues Trump over executive order to cut funding
The Public Broadcasting Service on Friday sued President Donald Trump to block his attempt to cut off its federal funding, and accused the president of retaliating against the public broadcaster over "perceived political slights in news coverage."Trump's executive...
RBI, BFSI News, ET BFSI
MUMBAI: The Reserve Bank of India is of the view that linking finance companies' lending rates with external benchmarks is not feasible even as the regulator is aiming at improving weak transmission of policy rates.RBI's annual report released on Thursday shows that...
India’s Household Financial Savings Projected to Reach ₹22 Lakh Crore by FY25, ET BFSI
The SBI analysis underscores the critical role household savings play in bridging fiscal and corporate deficits and bolstering overall financial system stability.MUMBAI: India’s net household financial savings are projected to rise to ₹22 lakh crore—equivalent to 6.5...
Pentagon chief Hegseth says U.S. ready to ‘fight and win’ against China
US Secretary of Defense Pete Hegseth (C) gestures beside Malaysia's Defence Minister Mohamed Khaled Nordin (R) and other defence officials from the Association of Southeast Asian Nations (ASEAN) during a multilateral meeting ahead of the Shangri-La Dialogue Summit in...
Elon Musk deflects question about drug use as Trump looks on
Tesla CEO Elon Musk looks up as he listens to U.S. President Donald Trump speak to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesTesla CEO Elon Musk on Friday deflected a reporter's effort to ask the...
Macron calls on Europe, Asia to prepare for a U.S.-China showdown
TOPSHOT - France's President Emmanuel Macron reacts during a meeting with Vietnam's President Luong Cuong sat the Presidential Palace in Hanoi on May 26, 2025. (Photo by Nhac NGUYEN / POOL / AFP) (Photo by NHAC NGUYEN/POOL/AFP via Getty Images) Nhac Nguyen | Afp |...
Trump, Musk hold DOGE event as talent leaves
President Donald Trump on Friday will host a press event to celebrate Elon Musk as the Tesla CEO concludes his official government service after four turbulent months leading the so-called Department of Government Efficiency.Musk's scheduled departure comes at a...
Trump can revoke immigrants protected status
Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty ImagesThe Supreme Court...
Trump accuses China of violating trade deal after tariffs threats
Chinese President Xi Jinping (L) and U.S. President Donald Trump (R).Fabrice Coffrini | Getty ImagesPresident Donald Trump on Friday accused China of violating a preliminary trade agreement with the United States, and suggested he would take action in response."So...
Finance Ministry Recommends Delay in RBI’s Gold Loan Guidelines, Boosts Muthoot and Manappuram Shares, ET BFSI
The Ministry of Finance on Friday said that it has recommended significant revisions to the Reserve Bank of India’s (RBI) draft directions on lending against gold collateral, including postponing the implementation. The Department of Financial Services (DFS) has...
Finance Ministry Advocates Exemption for Small Borrowers from RBI Gold Loan Norms, ET BFSI
New Delhi, The Finance Ministry said on Friday it has suggested that the Reserve Bank of India (RBI) should exclude small borrowers of up to Rs 2 lakh from the provisions of its draft directions on lending against gold collateral. The Finance Ministry has also...
India Must Act Now to Attract Foreign Investment Amid China Exodus, ET BFSI
India has a significant opportunity to attract foreign investment as multinational firms rethink their global supply chains, according to former Reserve Bank of India (RBI) Governor Raghuram Rajan. Speaking to CNBC-TV18 on May 28, Rajan emphasised that India needs to...
India Set to Introduce Crypto Assets Policy Framework Amid Growing Global Acceptance, ET BFSI
India is likely to float a discussion paper next month outlining policy framework options for crypto assets amid growing acceptance for them, thanks in large part to US President Donald Trump embracing digital currencies, people familiar with the matter said.The...
$30 Billion Outflows Prompt Comprehensive Review, ET BFSI
The Reserve Bank of India (RBI) is reviewing its 'liberalised remittance scheme', which saw outflows of around $30 billion in FY25, as it looks to rationalise the facility and promote the rupee as an international currency.The central bank is carrying out a...
RBI’s Net Income Soars by 27% Fuelled by Rising Interest Rates and Dollar Sales, ET BFSI
A surge in global interest rates and gains from dollar sales to stem the rupee’s fall boosted the Reserve Bank of India’s (RBI’s) FY25 net income by 27%, enabling it to transfer a record surplus to the central government and help bridge the fiscal gap. North Block’s...
RBI Rate Cut Forecast of 75 Basis Points by 2025 as Dollar Weakens, ET BFSI
Jefferies sees room for 75 bps rate cut by RBI in 2025 as dollar weakensGlobal financial services firm Jefferies said on Friday that the weakening of the US dollar has created room for the Reserve Bank of India (RBI) to lower its interest rates by up to 75 basis...
Reserve Bank of India to Tackle Mis-Selling by Banks and NBFCs with New Regulations, ET BFSI
Mumbai: The Reserve Bank of India (RBI) is working on issuing guidelines to address mis-selling of financial products and services by banks and NBFCs, whether these are their own or third-party offerings.In its annual report, the central bank said it will soon issue...
Credit Cards and Increased Loans for Street Vendors, ET BFSI
Street vendors to get credit cards, bigger loansThe PM SVANidhi scheme is being revamped to provide street vendors with higher subsidised loans and credit cards with a limit of Rs 30,000, facilitated by banks, ToI reported on May 30. The revamped scheme, which will...
Trump tariffs reinstated by appeals court for now
A federal appeals court on Thursday granted the Trump administration's request to temporarily pause a lower-court ruling that struck down most of President Donald Trump's tariffs.The Trump administration had earlier told the U.S. Court of Appeals for the Federal...
Trump could ask Supreme Court to halt tariff block as soon as Friday
U.S. President Donald Trump speaks during an event announcing new tariffs in the Rose Garden at the White House in Washington, April 2, 2025.Chip Somodevilla | Getty ImagesThe Trump administration said it may ask the U.S. Supreme Court as soon as Friday to immediately...
India’s Payment Systems Surge 34.8% in 2024-25, Driven by RTGS Transactions, ET BFSI
Indian payment and settlement systems record 34.8% increase in volumes, led by RTGS transactions~Samriddhi Singh Mahar India’s payment and settlement systems recorded strong growth in 2024-25, with transaction volumes rising by 34.8%, following a 44% increase in the...
RBI Reports Surge in Financial Liabilities Among Indian Households, ET BFSI
RBI data shows growing reliance of Indian households on financial liabilities~Samriddhi Singh Mahar Recent data from the annual report by the Reserve Bank of India (RBI) reveals a marked increase in the financial liabilities of Indian households. As a share of Gross...
Parliamentary Panel Calls for Amendments to Address Ambiguities in Insolvency and Bankruptcy Code, ET BFSI
Parliamentary panel flags 'ambiguities' in Insolvency and Bankruptcy CodeNew Delhi, A parliamentary committee on Thursday flagged "ambiguities" in the Insolvency and Bankruptcy Code (IBC), with sources saying that the government appeared to be considering amendments...
Public Sector Banks Bear the Brunt, ET BFSI
Fraud amount jumps 3 times in FY25, public sector banks hit moreMumbai, The overall number of frauds, including those related to loan accounts and digital payments, jumped by three times in FY25, primarily due to reclassification of 122 cases as per a Supreme Court...
RBI sees positive outlook for India’s economy in 2025-26 driven by consumption and capital spending, ET BFSI
RBI sees positive outlook for India’s economy in 2025-26 driven by consumption and capital spendingThe Indian economy is expected to maintain a promising outlook in 2025-26, supported by several positive factors, according to the Reserve Bank of India’s (RBI) annual...
RBI’s Balance Sheet Surges 8.2% to Rs 76.25 Lakh Crore, Guarantees Major Dividend to Government, ET BFSI
Mumbai, The size of the Reserve Bank's balance sheet as on March 31, 2025 increased by 8.20 per cent year-on-year, leading to a bumper dividend of Rs 2.69 lakh crore for the central government.Increase on assets side was due to rise in gold, domestic investments and...
RBI Set for Rate Cuts Amid Positive Agricultural Outlook, Claims Economist, ET BFSI
"If it comes true, then we are in for another year of good agriculture, low food inflation and on top of that we also have crude prices coming down which is another luck factor, we do not control it. So, these two things are bit positive for growth and they are also...
Court of International Trade strikes down Trump’s tariffs
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesThe U.S. Court of International Trade on Wednesday blocked steep...
RBI Ensures Liquidity Management to Support Economic Growth Amid Inflation Fluctuations, ET BFSI
New Delhi [India], May 29 (ANI): The Reserve Bank of India (RBI) will continue to undertake liquidity management operations to ensure adequate liquidity in the financial system, especially for the productive sectors of the economy, RBI said on Thursday in its annual...
Slovak central bank governor Kazimir guilty of corruption, court rules
Peter Kazimir, governor of Slovakia's central bank, attending a press conference in Bratislava in 2016.Tomas Benedikovic | Afp | Getty ImagesA Slovak court ruled on Thursday that central bank governor and European Central Bank policymaker Peter Kazimir is guilty of...
Signals of Further Rate Cuts?, ET BFSI
With just a week to go before the next Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) has offered subtle but telling signals about its stance on interest rates through its Annual Report for 2024–25.For many, the April rate cut marked a...
California investigated by Justice Department for trans athletes
U.S. Attorney General Pam Bondi attends a press conference, as she unveils actions against the state of Maine, which is locked in a dispute with the Trump administration over transgender policy, at the Justice Department in Washington, D.C., U.S., April 16, 2025. Leah...
Not chickening out on tariffs
President Donald Trump on Wednesday pushed back against an emerging critique of his on-again, off-again tariff threats, which has been derisively summed up as the "TACO trade."The term coined by a Financial Times columnist — which stands for "Trump Always Chickens...
Vince McMahon sex trafficking case defendant helping accuser
TKO Executive Chairman of the Board Vince McMahon is seen during a ceremony announcing Dwayne "The Rock" Johnson has joined the Board of Directors for TKO at New York Stock Exchange on January 23, 2024 in New York City.Michelle Farsi | UFC | Getty ImagesThe...
Cabinet Approves Continued Interest Subsidy for Farmers’ Loans in 2025-26, ET BFSI
Cabinet okays interest subsidy on farmers' loans for 2025-26New Delhi, The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the interest subvention component under the modified interest subvention scheme (MISS) for...
‘Absurd!’ Judge blasts Trump executive order targeting top law firm
A federal judge on Tuesday angrily tore into President Donald Trump's executive order targeting the top law firm WilmerHale and struck down the entire order as unconstitutional."The cornerstone of the American system of justice is an independent judiciary and an...
Trump to pardon reality TV stars Todd and Julie Chrisley
Reality TV Personalities Julie Chrisley (L) and Todd Chrisley (R) visit Hallmark's "Home & Family" at Universal Studios Hollywood on June 18, 2018 in Universal City, California. Paul Archuleta | Getty ImagesPresident Donald Trump said Tuesday that he will pardon...
India Targets US Trade Deal to Boost Exports Amid Tariff Threats, ET BFSI
The finance ministry said a successful India-US trade deal could “flip current headwinds into tailwinds,” opening up access to new markets and bolstering exports.The ministry flagged potential trade barriers in the wake of the additional 26% tariffs proposed by the US...
Trump threatens California funding over trans athlete
US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los Angeles International Airport in Los Angeles, California, on Jan. 24, 2025, to visit the region devastated by the Palisades and Eaton...
Walmart fined for shipping toy guns to New York
New York Attorney General Letitia James holds a press conference following a ruling against former U.S. President Donald Trump ordering him to pay $354.9 million and barring him from doing business in New York State for three years, in the Manhattan borough of New...
NPR sues Trump over executive order cutting federal funding
The National Public Radio (NPR) headquarters in Washington, DC, US, on Monday, May 5, 2025. Stefani Reynolds | Bloomberg | Getty ImagesNational Public Radio on Tuesday sued President Donald Trump over his executive order to cease all federal funding for the nonprofit...
Trump administration seeks to cut federal contracts
Yu-Hsuan Lin, 27, lays out a Harvard hat, mug, hoodie and her admission letter to Harvard University on a table in Taipei, Taiwan May 24, 2025. Ann Wang | ReutersThe Trump administration moved Tuesday to terminate all remaining federal government contracts with...
RBI’s New Rule on Default Loss Guarantees Hits Fintech and NBFCs, ET BFSI
The Reserve Bank of India (RBI) has directed finance companies to exclude default loss guarantees (DLGs) provided by fintech firms while making provisions for stressed loans, marking a setback for independent digital lending service providers.Non-banking finance...
RBI mulls sub-7 day term deposit, BFSI News, ET BFSI
The Reserve Bank of India (RBI) has sought suggestions from banks on allowing less than seven days term deposits, people familiar with the matter said. The move comes in the backdrop of stagnating deposit growth, which slowed to 10% year-on-year as of May 02, 2025,...
Trump considers giving $3 billion in Harvard grants to trade schools
The Harvard University seal on the university's campus in Cambridge, Massachusetts, US, on Monday, May 5, 2025. Mel Musto | Bloomberg | Getty ImagesU.S. President Donald Trump said on Monday he is considering taking $3 billion of previously awarded grant money for...
Indian Bond Yields Could Dip Further Despite Lower Surplus Transfer: Analysts Predict, ET BFSI
Despite lower surplus transfer, Indian bond yields could dip further, analysts sayBy Dharamraj DhutiaMUMBAI -Indian government bond yields and overnight index swap rates are set to continue their downward trend, as expectations that the central bank will infuse...
Low Inflation in India to Boost Purchasing Power and Fiscal Health, ET BFSI
Low inflation to boost purchasing power, bolster fiscal finances in India: HSBCNew Delhi, Low inflation for the rest of the year will result in improving real purchasing power of households and lowering input costs for corporates in India, an HSBC Research report said...
A Strategic Shift Amid Economic Uncertainty, ET BFSI
The Reserve Bank of India (RBI) is on a significant gold-buying spree, sharply increasing the share of the yellow metal in its foreign currency reserves as part of a broader strategy to diversify its holdings and shield the economy from global volatility. Gold now...
RBI Set to Raise Rs19,000 Crore in Upcoming Treasury Bills Auction, ET BFSI
RBI to Auction Rs19,000 Crore in Treasury Bills on May 28New Delhi [India] May 26 (ANI): The Reserve Bank of India (RBI) has announced the latest auction of Government of India Treasury Bills (T-Bills) to raise Rs 19,000 crore. The Government uses these short-term...
RBI’s Potential Direct Lending to NBFCs and MFs Amid Liquidity Crises, ET BFSI
The Reserve Bank of India (RBI) is preparing for the possibility of directly lending to non-banking financial companies and mutual funds during periods of extreme liquidity constraints, ensuring survival for those that get shut out of the lending markets during the...
Trump delays 50% tariffs on EU to July 9
President Donald Trump meets with European Commission President Ursula von Der Leyen at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland.Evan Vucci | AP PhotoPresident Donald Trump said Sunday that he agreed to an extension on the 50% tariff...
Record RBI Dividend Expected to Boost GDP by 0.15%, ET BFSI
New Delhi, The incremental gain from the higher RBI dividend is expected to partly offset potential shortfalls in tax revenues and nominal GDP growth, a report said on Monday, adding that supported by a robust RBI dividend, system liquidity is likely to improve...
France, Vietnam sign Airbus, satellite deals as Macron visits Hanoi
Vietnam's General Secretary of the Communist Party To Lam (R) shakes hands with French President Emmanuel Macron (L) at the Office of the Party Central Committee in Hanoi on May 26, 2025. (Photo by LUONG THAI LINH / POOL / AFP) (Photo by LUONG THAI LINH/POOL/AFP via...
India’s Central Bank Seeks Approval for International Rupee Lending, ET BFSI
By Shubham BatraNEW DELHI -India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said.The Reserve Bank of India (RBI) has asked the...
GOP senators criticize House budget bill over deficit concerns
Sen. Ron Johnson, R-Wis., is seen in the U.S. Capitol during a series of votes on Thursday, April 3, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty ImagesSen. Ron Johnson said Sunday that he thinks he has enough GOP colleagues on board with his opposition to the...
Speaker Johnson dismisses deficit worries as bill heads to Senate
U.S. House Speaker Mike Johnson (R-LA) speaks to a reporter, as he leaves for a meeting at the White House on the budget, on the day of the House Rules Committee's hearing on U.S. President Donald Trump's plan for extensive tax cuts, on Capitol Hill, in Washington,...
Japan PM aims to advance US tariff talks; eyes outcome at G7 summit
Japan's prime minister, Shigeru Ishiba.Bloomberg | Bloomberg | Getty ImagesJapanese Prime Minister Shigeru Ishiba on Sunday said Tokyo aims to advance tariff talks with the United States, with the goal of achieving an outcome during the Group of Seven summit next...
White House National Security Council slashes staff in dramatic restructuring Reuters
President Donald Trump is ordering a major overhaul of the National Security Council that will shrink its size, lead to the ouster of some political appointees and return many career government employees back to their home agencies, according to two U.S. officials and...
South Korea frontrunner Lee suggests extending US tariff talks
Lee Jae-myung, mayor of Seongnam city, on Nov. 23, 2016. Lee is rising in opinion polls with about a year to go until South Korea's next presidential election. He wants to break up the country's biggest companies, meet unconditionally with North Korean leader Kim Jong...
Trump touts anti-DEI changes in West Point address
US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty ImagesPresident Donald Trump touted his administration's changes to the military during a commencement...
Pete Hegseth restrictions on Pentagon press media
Secretary of Defense Pete Hegseth attends a Cabinet meeting at the White House on April 10, 2025 in Washington, DC. President Trump convened a Cabinet meeting a day after announcing a 90-day pause on ‘reciprocal’ tariffs, with the exception of China. Anna Moneymaker |...
RBI’s Record Dividend Projected to Reduce India’s Fiscal Deficit to 4.2% of GDP, Says SBI, ET BFSI
Fiscal deficit of govt to ease by 20 to 30 bps to 4.2% of GDP by RBI's bumper dividend: SBINew Delhi [India], May 24 (ANI): The fiscal deficit of the central government could ease by 20 to 30 basis points from the budgeted level of 4.5 per cent to 4.2 per cent of GDP...
‘New payments board may be at odds with RBI oversight’, BFSI News, ET BFSI
The Central government's recent notification on the formation of a Payments Regulatory Board (PRB) might reduce the control of the Reserve Bank of India over the domestic digital payments ecosystem, according to three bankers in the know."This is the first time that...
RBI makes it easier to claim dormant funds, BFSI News, ET BFSI
To make it easier for people to claim unclaimed bank deposits, now exceeding ₹78,000 crore, the Reserve Bank of India (RBI) has proposed new rules that allow customers to update their KYC (Know Your Customer) details using video calls (Video KYC) or with the help of...
RBI penalises Union Bank of India, Transactree Technologies, BFSI News, ET BFSI
The Reserve Bank of India (RBI) on Friday announced penalties on Union Bank of India and Transactree Technologies for not following certain regulatory rules.Union Bank of India has been fined Rs 63.6 lakh for not complying with some parts of the Banking Regulation...
A Game Changer for India’s Economy, ET BFSI
RBI's record Rs 2.7 trillion dividend fueled by US dollar sell offs and forex gains: SBIThe Reserve Bank of India’s historic dividend payout of approximately Rs 2.7 trillion to the government was fueled by strong sales of US dollar, a high foreign exchange gain and...
US judge ordered Trump to facilitate return of Guatemalan deportee
Guatemalan migrants arrive at La Aurora Air Force Base on a deportation flight from the U.S., in Guatemala City, Guatemala, January 20, 2025. Cristina Chiquin | ReutersA federal judge ordered the Trump administration on Friday to facilitate the return of a gay...
Government’s Role and Composition Explained, ET BFSI
According to the Reserve Bank of India’s (RBI) notification, a six-member new Payments Regulatory Board will be formed to regulate and supervise payment systems in India with the central government to have a ‘say’.The board will be headed by RBI governor and will...
New Payments Regulatory Board Established by RBI to Enhance Payment Systems Supervision, ET BFSI
RBI governor headed a six-member Payments Regulatory Board, including three central government nominees, will regulate and supervise payment systems in the country, according to a central bank notification. The Payments Regulatory Board (PRB) will replace the Board...
Trump’s 5% NATO spend target ‘very, very difficult’ to meet: Greek PM
Greek Prime Minister Kyriakos Mitsotakis and German Chancellor Friedrich Merz (not pictured) speak to the media following talks at the Chancellery on May 13, 2025 in Berlin, Germany.Sean Gallup | Getty Images News | Getty ImagesIt would be challenging for NATO members...
Judge blocks Trump administration mass layoffs at many U.S. agencies
Employees of the Department of Health and Human Services (HHS) hug each other as they queue outside the Mary E. Switzer Memorial Building, after it was reported that the Trump administration fired staff at the Centers for Disease Control and Prevention and at the Food...
Musk’s DOGE expanding his Grok AI in U.S. government, raising conflict concerns
Elon Musk looks on as U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025.Kevin Lamarque | ReutersBillionaire Elon Musk's DOGE team is expanding use of his artificial...
Malhotra & Co announce Rs 2.68 lakh crore surplus for Modi govt, ET BFSI
RBI dividend: Malhotra & Co announce Rs 2.68 lakh crore surplus for Modi govtThe Reserve Bank of India (RBI) on Friday approved a whopping dividend of Rs 2.68 lakh crore for FY25 to the Centre as against Rs 2.1 lakh crore in FY24, which will help New Delhi in its...
Harvard sues Trump admin over international student enrollment ba
FILE PHOTO: People walk on the Business School campus of Harvard University in Cambridge, Massachusetts, U.S., April 15, 2025. Faith Ninivaggi | ReutersHarvard University on Friday filed a lawsuit seeking to reverse the Trump administration's ban on the Ivy League...
Trump recommends 50% tariff on European Union starting June 1
U.S. President Donald Trump speaks to members of the media as he departs a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. Andrew Harnik | Getty ImagesPresident Donald Trump on Friday said he is "recommending a straight 50% Tariff on...
India Urges FATF to Grey List Pakistan Again Amid Rising Tensions, ET BFSI
India will make a strong case with FATF to revert Pakistan to its "grey list" for failure to comply with anti-money laundering and terror financing rules, a government source said."We will be taking it up (with the FATF)," the source said when asked whether India will...
RBI likely to announce dividend for Centre today, ET BFSI
RBI likely to announce dividend for Centre todayMumbai, The Reserve Bank is likely to announce on Friday the dividend amount that will be paid to the central government for fiscal 2024-25. For the 2023-24 fiscal, the RBI had transferred a record surplus amount or...
RBI’s dollar buys near 4-year high! Reserve Bank of India’s net forex purchases hit $14.4 billion in March, ET BFSI
The Reserve Bank of India's (RBI) net monthly acquisitions in the foreign exchange market reached their highest level in four years during March, as the central bank executed forex swaps to provide liquidity to the banking system.Between January and March, the RBI...
How he plans to wield his power
Behind bulletproof glass, former US President and Republican presidential candidate Donald Trump arrives to speak during a campaign rally at Gastonia Municipal Airport in Gastonia, North Carolina, on November 2, 2024.Peter Zay | Afp | Getty ImagesBetween a barrage of...
No Rupee Targeting, Focus on Banking Stability and Economic Growth, ET BFSI
The Reserve Bank of India (RBI) is currently reviewing the licensing framework for banks and the distribution of insurance products, according to RBI Governor Sanjay Malhotra in his first interview since assuming office in December. Speaking to TOI’s Mayur Shetty...
L3Harris to pay $62 million
Jaque Silva | Nurphoto | Getty ImagesDefense contractor L3Harris Technologies will pay $62 million to settle allegations that it lied about the prices of equipment it sold to the U.S. military years earlier, the Justice Department said Thursday. L3Harris was recently...
Supreme Court says Fed different from Trump firing cases
The U.S. Supreme Court building in Washington, July 19, 2024.Kevin Mohatt | ReutersThe Supreme Court on Thursday strongly suggested that Federal Reserve board members would have special protection against being fired by a president in a ruling that, for now, allows...
Reserve Bank of India Reviews Foreign Shareholding Norms for Banks, ET BFSI
MUMBAI -India's central bank is examining foreign shareholding norms and licensing rules for banks as a part of a broader review, Governor Sanjay Malhotra said in an interview published by The Times of India on Friday."We are examining this in totality as part of our...
Trump administration blocks Harvard from enrolling international students
A general view of the Baker Library/Bloomberg Center on February 17, 2024, at Harvard Business School in Allston, MA.Erica Denhoff | Icon Sportswire | Icon Sportswire | Getty ImagesThe Trump administration on Thursday blocked the ability of Harvard University to...
Trump tax bill passes the House, advances to Senate
WASHINGTON — Republicans in the U.S. House of Representatives came together early Thursday to pass President Donald Trump's "big, beautiful" tax bill out of the chamber on a narrow vote.Every Democrat on the floor voted no, as did Republican Reps. Warren Davidson of...
CIA security shoot person outside HQ
File: The Central Intelligence Agency (CIA) headquarters in Langley, Virginia, US., on Friday, July 8, 2022. Chris Kleponis | Bloomberg | Getty ImagesGuards at CIA headquarters shot an individual early Thursday morning in what the agency called a "security incident,"...
TN Finance Minister urges RBI to roll back gold loan restrictions, ET BFSI
TN Finance Minister urges RBI to roll back gold loan restrictionsChennai, Tamil Nadu Finance Minister Thangam Thennarasu, on Thursday, urged the Reserve Bank of India (RBI) to withdraw the recently imposed restrictions on gold loans, calling them detrimental to the...
Trump tax bill passes the House, advances to Senate
U.S. President Donald Trump speaks to members of the media as he departs a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. Andrew Harnik | Getty ImagesWASHINGTON — Republicans in the U.S. House of Representatives came together early...
RBI’s new AIF norms pave the way for provision reversals and capital relief for banks, ET BFSI
RBI's new AIF norms pave the way for provision reversals and capital relief for banksThe Reserve Bank of India (RBI) proposal to revise its Alternative Investment Fund (AIF) norms offers major relief to banks and non-banking financial companies (NBFCs) that were...
India shines even as global uncertainities weigh down advance economies: RBI, ET BFSI
India’s economy has remained resilient even as global economic growth continues to be weighed down by ongoing trade tensions, uncertain policies and muted consumer sentiments, the Reserve Bank of India, said in its latest report.The apex bank said that even though the...
Trade tensions, policy uncertainty still hurting global growth, but India shows resilience: RBI, ET BFSI
Global growth continues to face several challenges due to ongoing trade tensions, policy uncertainty, and weak consumer sentiment, says a recent report by the Reserve Bank of India (RBI).Despite these global headwinds, the report mentioned that the Indian economy has...
RBI likely to go for deeper interest rate cuts amid slower growth, low inflation: Morgan Stanley, ET BFSI
New Delhi [India], May 22 (ANI): The Reserve Bank of India (RBI) is expected to go for deeper interest rate cuts as part of its policy response to slower economic growth and controlled inflation, according to a report by Morgan Stanley.The report said that the policy...
Trump urged to make Elon Musk certify DOGE data restricted
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesSen. Jeanne Shaheen...
Trump tax bill faces fresh hurdles among House Republicans
WASHINGTON — House Republican leaders faced a last-minute revolt Wednesday by members of the party's hardline conservative faction, who opposed their latest attempt to win support from moderate members of the conference for President Donald Trump's "big, beautiful"...
Trump Qatar gift: Hegseth accepts Boeing jet
In this February 15, 2025 a Boeing 747 sits on the tarmac of Palm Beach International airport after US President Donald Trump toured the aircraft on February 15, 2025.Roberto Schmidt | Afp | Getty ImagesThe Trump administration has formally accepted a Boeing 747 jet...
Democratic Rep. Gerry Connolly of Virginia dies after battling cancer
Congressman Gerry Connolly (D-VA) questions witnesses during a House Committee on Oversight and Government Reform hearing titled "A Hearing with Sanctuary City Mayors" in Washington, DC on March 5, 2025. Anadolu | Anadolu | Getty ImagesDemocratic Rep. Gerry Connolly...
Trump rolls out ‘Golden Dome’ missile defense system plan
U.S. President Donald Trump makes an announcement regarding the Golden Dome missile defense shield next to U.S. Defense Secretary Pete Hegseth in the Oval Office of the White House in Washington, D.C., U.S., May 20, 2025. Kevin Lamarque | ReutersPresident Donald Trump...
Habeas corpus gives Trump right ‘to remove people’
Secretary of Homeland Security Kristi Noem testifies during a House Committee on Homeland Security budgetary hearing in Washington, DC on May 14, 2025. Nathan Posner | Anadolu | Getty ImagesHomeland Security Secretary Kristi Noem said Tuesday that President...
Trump fails to sway SALT caucus to back tax bill
President Donald Trump arrives for a House Republican meeting at the U.S. Capitol on May 20, 2025 in Washington, DC. Tasos Katopodis | Getty Images News | Getty Images President Donald Trump failed during a visit Tuesday to Capitol Hill to sway key House Republicans...
Qatari PM denies jumbo jet gift to Trump is bribery
U.S. President Donald Trump and Qatar's Emir Tamim bin Hamad Al Thani meet in Doha, Qatar, on May 14, 2025.Brian Snyder | ReutersQatar's prime minister on Tuesday denied accusations that Doha's offer of an estimated-$400 million Boeing 747 jet to U.S. President Donald...
UK suspends trade talks with Israel over new Gaza offensive
People gather in the yard of the Ahli Arab hospital, also known as the Baptist hospital, to mourn and bid farewell to the bodies of victims killed in Israeli bombardment in Gaza City, on March 18, 2025. Majdi Fathi | Nurphoto | Getty ImagesBritain on Tuesday paused...
Trump Medicaid Congress bill
President Donald Trump on Tuesday warned House Republicans, "Don't f--- around with Medicaid," as he pressed them during a closed-door meeting to pass a major tax bill, a source told CNBC.Trump's blunt message came during a visit to Capitol Hill.Movement on the tax...
Elon Musk says he will spend ‘a lot less’ on future campaign donations
Elon MusK, chief executive officer of Tesla Inc., speaks via video link at the Qatar Economic Forum (QEF) in Doha, Qatar, on Tuesday, May 20, 2025. Christopher Pike | Bloomberg | Getty ImagesElon Musk on Tuesday said he plans to spend "a lot less" on political...
Industry hopeful of RBI rate cut “very soon”; expects over 6.5pc GDP growth in FY26: PHDCCI, ET BFSI
New Delhi, The industry is hopeful of a rate cut by the Reserve Bank "very soon" and expects India's economic growth at more than 6.5 per cent in the current financial year, PHDCCI Secretary General and CEO Ranjeet Mehta said on Tuesday. He also outlined three major...
Delays in regulatory clearances can lead to uncertainty, says FM, ET BFSI
New Delhi, Delays in regulatory clearances can lead to uncertainty and disrupt commercial timelines, Finance Minister Nirmala Sitharaman said on Tuesday as India negotiates trade deals with various countries, including the US. According to Sitharaman, also the...
Delay in regulatory clearances can hurt investor confidence, says Nirmala Sitharaman, ET BFSI
Union Finance Minister Nirmala Sitharaman on Tuesday cautioned that delays in regulatory approvals can create uncertainty, disrupt business timelines, and reduce the value of commercial transactions. Addressing the audience at the 16th Annual Day Celebrations of the...
RBI proposes 15% cap on AIF scheme exposure by banks, NBFCs, ET BFSI
RBI proposes 15% cap on AIF scheme exposure by banks, NBFCsThe Reserve Bank of India (RBI) on Monday proposed a revised framework to regulate investments by regulated entities (REs) in Alternative Investment Funds (AIFs), seeking to replace the near-ban imposed in...
Govt Amends Rule 8 of Securities Contracts Rules to Boost Ease of Doing Business for Brokers, ET BFSI
Govt Amends Rule 8 of Securities Contracts Rules to Boost Ease of Doing Business for BrokersNEW DELHI: In a move aimed at enhancing regulatory clarity and ease of doing business, the Department of Economic Affairs (DEA) under the Ministry of Finance has amended Rule 8...
Supreme Court allows 10% GST appeal pre-deposit via credit ledger in major relief for businesses, ET BFSI
In a matter that will have huge implications for businesses across the country, the Supreme Court on Monday upheld a Gujarat High Court decision that allowed the companies to make mandatory 10% pre-deposit via the Electronic Credit Ledger (ECL), which contains...
Amid drop in domestic yield and surplus liquidity, RBI may change its liquidity management approach: Report, ET BFSI
Amid drop in domestic yield and surplus liquidity, RBI may change its liquidity management approach: ReportNew Delhi [India], May 20 (ANI): India's banking system remained in a liquidity surplus during the week ending May 16, 2025 with average surplus funds amounting...
Judge rules against Trump effort to gut U.S. Institute of Peace
The US Institute of Peace (USIP) in Washington, DC, US, on Monday, March 17, 2025. Stefani Reynolds | Bloomberg | Getty ImagesA federal judge on Monday ruled that the Trump administration and DOGE's takeover and gutting of the U.S. Institute of Peace were unlawful....
China says U.S. chip warning hurts trade talks
U.S. Secretary of the Treasury Scott Bessent, U.S. Trade Representative Jamieson Greer, China's International Trade Representative and Vice Minister of Commerce Li Chenggang, and Chinese Vice Premier He Lifeng, prepare to discuss on the day of a bilateral meeting...
India plans stricter rules for companies with foreign ownership, sources say, ET BFSI
India is planning to tighten foreign ownership rules, two sources said, in a move that may have significant implications for businesses ranging from e-commerce to pharmaceuticals.The changes would redefine how India views foreign-owned companies, whether directly or...
Trump to press Putin to end ‘bloodbath’ in Ukraine
Russian President Vladimir Putin and U.S. President Donald Trump.Mikhail Metzel | Evelyn Hockstein | Via ReutersU.S. President Donald Trump will speak separately with Vladimir Putin and Volodymyr Zelenskyy on Monday in hopes of ending the "bloodbath" in Ukraine, amid...
RBI nod to early withdrawal of gold bonds issued in May 2020, BFSI News, ET BFSI
Nagpur: The Reserve Bank of India (RBI) has issued orders for premature withdrawal of yet another series of sovereign gold bonds (SGB). The Series II bonds, which now qualify for withdrawal, were issued on May 19, 2020.The investor will get Rs 9,284 per unit of SGB....
Joe Biden diagnosed with prostate cancer
Former President Joe Biden speaks during the Advocates, Counselors, and Representatives for the Disabled bipartisan conference at the Sofitel Chicago Magnificent Mile on Tuesday, April 15, 2025.Eileen T. Meslar | Chicago Tribune | Getty ImagesFormer President...
Mike Johnson Memorial Day deadline for budget bill
U.S. House of Representatives Speaker Mike Johnson (R-LA) looks on, after President Donald Trump delivered remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Leah Millis | ReutersHouse Speaker Mike Johnson expressed...
Mike Pence Qatari jet gift ‘a bad idea’ Trump should turn down
Former U.S. Vice President Mike Pence speaks in observance of Constitution Day at Middle Tennessee State University (MTSU) in Murfreesboro, Tennessee, U.S., September 17, 2024. Seth Herald | ReutersFormer Vice President Mike Pence said Sunday that President Donald...
Polish presidential election to test if PM’s pro-EU vision is Trump-proof
The skyline of Warsaw with the Palace of Culture and Science and skyscrapers is seen from Pilsudski square in Warsaw, Poland on May 14, 2025.Nurphoto | Nurphoto | Getty ImagesPoles vote on Sunday in a presidential election that will decide whether Warsaw follows the...
Trump to call Putin, Zelenskyy, NATO members Monday to talk ceasefire
U.S. President Donald Trump gestures, while he boards Air Force One, in Abu Dhabi, United Arab Emirates, May 16, 2025. Brian Snyder | ReutersPresident Donald Trump said Saturday he plans to speak separately to Russian President Vladimir Putin and Ukrainian President...
Court gives go-ahead to Trump’s plan to halt union bargaining for many federal workers
Labor union members hold placards on the day of a rally in support of federal workers during a rush hour protest outside the L'Enfant Plaza Metro Station in Washington, D.C., U.S., March 24, 2025. Kent Nishimura | ReutersA federal appeals court lifted an order on...
RBI expected to transfer record dividend of Rs 2.7 to 3 lakh cr to govt in FY26: Report, ET BFSI
RBI expected to transfer record dividend of Rs 2.7 to 3 lakh cr to govt in FY26: ReportNew Delhi [India], May 17 (ANI): The RBI is expected to transfer a record surplus dividend of Rs 2.7 lakh crore to Rs 3 lakh crore to the govt in FY26, an almost 50 per cent...
Man sentenced to 14 months in prison
A judge on Friday sentenced an Alabama man to 14 months in prison for his role in the January 2024 hack of the Securities and Exchange Commission's X account, which was used to send out a tweet that briefly spiked the price of bitcoin by more than $1,000, the Justice...
Supreme Court rules against Trump administration in Alien Enemies Act case
A person walks past the U.S. Supreme Court in Washington, D.C., U.S., April 21, 2025.Kevin Lamarque | ReutersThe Supreme Court on Friday granted a request by Venezuelan nationals seeking to block their removal from the United States under the Alien Enemies Act.In a...
Interbank call market volumes surge to five-year high amid RBI push, ET BFSI
India’s interbank call money market has seen a sharp revival, with average daily volumes rising to Rs 16,490 crore this month — the highest in over five years — even as alternative funding routes remain more attractive for many participants. Volumes on May 5 touched...
UK, US working to ensure enduring India-Pakistan ceasefire, dialogue, British foreign minister says
India and Pakistan flags on a cracked surface, divided by a jagged line. The crack symbolizes ongoing tensions and regional conflict. Use for articles on India-Pakistan relations, including diplomacy and geopolitics.Zpagistock | Moment | Getty ImagesBritain is working...
Trump slams Supreme Court, Taylor Swift, Bruce Springsteen
U.S. President Donald J. Trump speaks to media on Air Force One as he departs the Al Bateen Executive Airport on May 15, 2025, in Abu Dhabi, United Arab Emirates. Win Mcnamee | Getty Images News | Getty ImagesPresident Donald Trump took aim at the Supreme Court,...
RBI imposes monetary penalty on Deutsche Bank and Yes Bank, ET BFSI
Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 29,60,000 on Yes Bank Limited for non-compliance with certain directions issued by RBI on ‘Financial Statements Presentation and Disclosures'. RBI also imposed a monetary penalty of Rs 50 lakh on...
Trump says Comey called for ‘assassination of the president’ in ‘8647’ post
A combination of file photos show U.S. President Donald Trump in the White House in Washington, DC, U.S. April 9, 2018 and former FBI Director James Comey on Capitol Hill in Washington, U.S., June 8, 2017.ReutersPresident Donald Trump said Friday that former FBI...
India asks IMF to reconsider Pakistan programme over ‘terror funding’, ET BFSI
Srinagar, May 16, 2025 -Indian Defence Minister Rajnath Singh said Friday the International Monetary Fund (IMF) should reconsider a one billion dollar loan to Pakistan, alleging Islamabad was "funding terror".India and Pakistan last week clashed in the worst military...
Trump birthday military parade could cost $45 million
Members of the military stand as US President Donald Trump reviews the troops in Emancipation Hall during inauguration ceremonies at the US Capitol in Washington, on January 20, 2025. Jim Watson | AFP | Getty ImagesAn upcoming military parade in Washington, D.C., to...
Prosecutors charge 13 men in crypto theft ring
Malone Lam, a defendant in a $230 million bitcoin heist, in a booking photo from the Broward County Sheriff's Office in Florida.Broward County Sheriff's OfficeFederal prosecutors in Washington, D.C., charged 13 men in what court records describe as a wide-ranging...
China calls U.S. trade talks ‘good’ as Trump hints at Xi call
U.S. Secretary of the Treasury Scott Bessent, China's Vice Minister of Finance Liao Min, U.S. Trade Representative Jamieson Greer, and China's International Trade Representative and Vice Minister of Commerce Li Chenggang, meet on the day of a bilateral meeting between...
Saudi Arabia, Qatar UAE go all out
Qatar's Emir Sheikh Tamim bin Hamad al-Thani (L) receives US President Donald Trump in the Qatari capital Doha on May 14, 2025. Brendan Smialowski | Afp | Getty ImagesABU DHABI, United Arab Emirates — If the Arab Gulf states were to hold a popularity contest right...
RBI’s board reviews its capital framework, BFSI News, ET BFSI
MUMBAI: The way RBI calculates the dividend it pays to govt may soon change, with the central board of directors reviewing the economic capital framework at its meeting here on Thursday. The meeting was chaired by governor Sanjay Malhotra and comes five years after...
Trump gift problematic, Sen. Susan Collins says
US Senator Susan Collins, Republican from Maine, questions Secretary of Health and Human Services Robert F. Kennedy Jr., during a Senate Committee on Health, Education, Labor, and Pensions hearing on the President's proposed budget request for fiscal year 2026 for the...
AI voice messages impersonating U.S. officials: FBI
FBI Director Kash Patel testifies during a House Commerce, Justice, Science, and Related Agencies Subcommittee hearing on the 2026 agency's budget request on Capitol Hill in Washington, DC, on May 7, 2025. Oliver Contreras | AFP | Getty ImagesThe FBI on Thursday...
China keeps rare earth exports control for United States
U.S. Secretary of the Treasury Scott Bessent shakes hands with Chinese Vice Premier He Lifeng during the bilateral meeting between the U.S. and China, in Geneva, Switzerland, on May 11, 2025.Keystone/eda/martial Trezzini | Via ReutersChina has temporarily paused...
Trump presses Supreme Court on birthright citizenship
FILE PHOTO: A view of the U.S. Supreme Court in Washington, U.S., July 19, 2024.Kevin Mohatt | ReutersPresident Donald Trump on Thursday again argued for an end to birthright citizenship in the United States, hours before the Supreme Court is set to hear arguments on...
Trump joined by dozens of CEOs during his Middle East trip
U.S. President Donald Trump and Boeing CEO Kelly Ortberg attend a signing ceremony with Qatar's Emir Tamim bin Hamad Al Thani (not pictured), in Doha, Qatar, May 14, 2025. Brian Snyder | ReutersMore than 30 business leaders representing America's top companies joined...
Germany backs Trump’s push for 5% NATO defense spending target
Johann Wadephul (CDU), Federal Foreign Minister, makes a statement during an informal meeting of NATO foreign ministers.Sebastian Gollnow/picture alliance via Getty ImagesGermany is backing U.S. President Donald Trump's call to increase the defense spending target of...
SAT ruling protects compliance officers from liability in corporate fraud cases, ET BFSI
SAT ruling protects compliance officers from liability in corporate fraud casesA recent ruling by the Securities Appellate Tribunal (SAT) has brought relief to compliance officers-the gatekeepers of regulatory and policy adherence in companies. The tribunal recently...
Sri Lanka: Sri Lanka restructures nearly $931 million in credit lines with India, ET BFSI
Sri Lanka restructures nearly $931 million in credit lines with IndiaBy Uditha JayasingheCOLOMBO, - Sri Lanka has restructured nearly $931 million in lines of credit and buyers' credit facility agreements with the Indian government, the island nation's finance...
FICCI urges RBI to retain NBFC-centric co-lending model, warns changes may hurt credit, jobs, ET BFSI
Mumbai: Industry body FICCI has written to the Reserve Bank of India (RBI), urging it to retain the existing co-lending rules that allow non-banking financial companies (NBFCs) to originate loans and later sell up to 80% of those to banks. The appeal comes in response...
RBI pitches for email, phone numbers in bank A/c nomination, BFSI News, ET BFSI
New Delhi: To further safeguard depositors' interests, the Reserve Bank of India has sought suggestions from banks on adding nominees' email and phone numbers to existing bank nomination forms. With the passage of the Banking Laws (Amendment) Bill, 2024, bank account...
Boeing strikes ‘largest-ever’ 787 jet order with Qatar Airways, White House says
U.S. President Donald Trump, Qatar's Emir Tamim bin Hamad Al Thani and Boeing CEO Kelly Ortberg attend a signing ceremony in Doha, Qatar, May 14, 2025. Brian Snyder | ReutersBoeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210...
Trump and Saudi Crown Prince bask in friendship during Riyadh visit
Saudi Crown Prince Mohammed Bin Salman reacts next to U.S. President Donald Trump during the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025.Brian Snyder | ReutersThe plenary room of the Ritz Carlton Riyadh was packed to the brim on Tuesday as...
Trump meets with Syrian leader in Saudi Arabia
The leader of Syria's Islamist Hayat Tahrir al-Sham (HTS) group that headed a lightning rebel offensive snatching Damascus from government control, Abu Mohammed al-Jolani, addresses a crowd at the capital's landmark Umayyad Mosque on December 8, 2024.Abdulaziz Ketaz |...
SEBI proposes easing norms for foreign investors buying only government bonds, ET BFSI
SEBI proposes easing norms for foreign investors buying only government bondsMUMBAI: India's markets regulator has proposed to reduce regulatory requirements for foreign investors investing exclusively in the country's government bonds, it said on Tuesday, as it looks...
Schumer pauses Trump DOJ nominees
Senate Minority Leader Chuck Schumer (D-NY) speaks at a press conference with other members of Senate Democratic leadership following a policy luncheon at the U.S. Capitol in Washington, DC May 6, 2025. Nathan Posner | Anadolu | Getty ImagesSenate Minority Leader...
$100 million New Jersey deli fraudster Peter Coker Sr. sentenced
Peter Coker Sr. and his wife Susan Coker at U.S. District Court in Newark, New Jersey, March 15, 2023.Dan Mangan | CNBCNorth Carolina businessman Peter Coker Sr., who pleaded guilty in a scheme to fraudulently pump up the stock of the infamous $100 million New Jersey...
Trump says U.S. will remove all sanctions on Syria
U.S. President Donald Trump speaks at the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | ReutersThe U.S. will remove all sanctions on Syria, President Donald Trump announced Tuesday."I will be ordering the cessation of sanctions...
Trump administration cuts an additional $450 million in Harvard grants
Harvard sweatshirts are displayed for sale in a school store window on the Harvard University campus in Cambridge, Massachussetts, on April 15, 2025.Joseph Prezioso | Afp | Getty ImagesThe Trump administration announced Tuesday that it is cutting an additional $450...
Trump speaks after $600 billion Saudi-U.S. investment announced
[The stream is slated to start at 9:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]President Donald Trump on Tuesday is set to deliver remarks after the White House announced Saudi Arabia's commitment to invest $600 billion in a...
Trade court hears legal challenge
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesA little-known federal court is set to hear arguments Tuesday in...
Rate transmission uneven despite liquidity comfort, BFSI News, ET BFSI
Mumbai: Banks appear to have largely looked through improving system liquidity and policy rate cuts while reducing the cost of borrowing for those taking loans tied to the lenders' internal benchmarks. Rates have reduced by only 5-15 bps for existing borrowers on...
RBI dividend to inject fresh liquidity, BFSI News, ET BFSI
RBI dividend to inject fresh liquidityMUMBAI: Surplus liquidity in the banking system could reach Rs 6 lakh crore, with the Reserve Bank of India (RBI) expected to transfer a hefty dividend to the govt. Estimates for this dividend range between Rs 2.25 lakh crore and...
China sees U.S. trade deal as win for Beijing
Chinese officials, influencers and state-run media on Monday were casting the initial trade agreement and 90-day tariff pause with the United States as a victory and a vindication of Beijing's negotiating strategy.They're arguing that their defiant public posture...
Deputy AG Todd Blanche named acting librarian of Congress
Former U.S. President Donald Trump, with attorney Todd Blanche, speaks to reporters as jurors are released to begin deliberations for his criminal trial at the Manhattan Criminal Court in New York, NY on Wednesday, May 29, 2024.Jabin Botsford | ReutersDeputy Attorney...
Trump hails Qatar’s ‘nice gesture’ of 747 jet, blaming Boeing delays
U.S. Air Force One upon arrival at the at Fiumicino Airport on April 25, 2025 in Rome, Italy. Marco Mantovani | Getty Images News | Getty ImagesPresident Donald Trump on Monday said Qatar had made a "very nice gesture" in offering the U.S. a 747 jet to act as Air...
Trump’s willingness to accept a luxury jet from Qatar sparks criticism
In this February 15, 2025 a Boeing 747 sits on the tarmac of Palm Beach International airport after US President Donald Trump toured the aircraft on February 15, 2025. Roberto Schmidt | Afp | Getty ImagesU.S. President Donald Trump's willingness to accept a lavish...
China will open to U.S. business, pause trade barriers
President Donald Trump, joined by National Institutes of Health (NIH) Director Jay Bhattacharya, speaks during a press conference in the Roosevelt Room of the White House on May 12, 2025, in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesPresident...
Gadkari calls for new law for cooperative sector to keep pace with ‘evolving economic conditions’, ET BFSI
Mumbai, Union minister Nitin Gadkari on Monday suggested the Maharashtra government to formulate a new law for the cooperative sector in the state considering the evolving economic conditions. The cooperative sector would play a key role in improving the financial...
India extends financial support to Maldives via rollover of $50 million Treasury Bill, ET BFSI
India has extended financial support to the Maldives by renewing a USD 50 million Treasury Bill for another year through the State Bank of India (SBI), in a move aimed at bolstering the Maldivian government's economic reform and resilience efforts, as announced on...
U.S. and China agree to slash tariffs for 90 days in major trade breakthrough
US Treasury Secretary Scott Bessent (L) and US Trade Representative Jamieson Greer speak to the media after talks between senior US and Chinese officials on tariffs in Geneva on May 11, 2025.Valentin Flauraud | Afp | Getty ImagesThe U.S. and China on Monday agreed to...
Trump gifted Qatar super plane as Air Force One
U.S. President Donald Trump boards Air Force One for travel back to Washington, D.C., at Palm Beach International Airport, in West Palm Beach, Florida, U.S. May 4, 2025. Leah Millis | ReutersPresident Donald Trump is preparing to accept a luxury jet from the royal...
U.S. trade talks with China were ‘productive,’ Bessent says
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing entitled "The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System," on Capitol Hill in Washington, D.C., U.S., May 7,...
Iran, US conclude 4th round of talks over Tehran’s nuclear program
The flag of Iran is seen in front of the building of the International Atomic Energy Agency (IAEA) Headquarters on May 24, 2021 in Vienna, Austria.Michael Gruber | Getty Images News | Getty ImagesDUBAI, United Arab Emirates (AP) — Iran and the United States held a...
Trump official says 10% tariffs will stick around
U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025.Carlos Barria | ReutersCommerce Secretary Howard Lutnick said...
RBI fines SBI and Jana Small Finance Bank for certain non-compliances, ET BFSI
NEW DELHI: The Reserve Bank of India (RBI) on Friday fined State Bank of India and Jana Small Finance Bank for failing to follow certain regulatory non-compliances.According to the RBI, it has levied a fine of Rs 1,72,80,000 on SBI for failing to adhere to guidelines...
Trump official says NJ Democrats could face charges
Mayor Ras Baraka of Newark in handcuffs outside Delaney Hall detention facility in Newark, NJ on May 9, 2025.Courtesy: Newark Mayor's OfficeThe Trump administration suggested Saturday that New Jersey Democratic lawmakers involved in a clash a day earlier with...
Pope Leo explains name: AI, worker rights
Newly elected Pope Leo XIV, Cardinal Robert F. Prevost of the U.S., appears on the balcony of St. Peter's Basilica at the Vatican, May 8, 2025.Dylan Martinez | ReutersPope Leo XIV said Saturday that he selected his name in part to commemorate Pope Leo XIII for his...
Europe leaders, in Kyiv, turn up pressure on Russia over ceasefire
Ukraine and European leaders agreed on Saturday to an unconditional 30-day ceasefire on May 12 with the backing of U.S. President Donald Trump, threatening President Vladimir Putin with new "massive" sanctions if he failed to comply.The announcement was made by the...
Pope Leo tells cardinals they must continue ‘precious legacy’ of Pope Francis
Pope Leo XIV leads the Pro Ecclesia Mass in the Sistine Chapel, on May 09, 2025 in Vatican City, Vatican. Vatican Pool - Corbis | Corbis News | Getty ImagesPope Leo XIV signaled on Saturday he would continue with the vision and reforms of Pope Francis, telling the...
India and Pakistan agree to immediate ceasefire
India's Foreign Secretary Vikram Misri holds a press briefing at Ministry of External Affairs (MEA) in New Delhi, India, May 10, 2025. Anushree Fadnavis | ReutersIndia and Pakistan have agreed to an "immediate ceasefire," President Donald Trump said Saturday,...
Forex Reserves: Big jump in gold reserves! Not just India’s RBI, central banks around the world are stocking up on gold
RBI has been on a gold buying spree, but it’s not alone! Several countries besides India are increasing their gold holdings significantly. Among countries that witnessed the most substantial increase in gold's proportion of their total foreign exchange reserves...
Trump to nominate CFBP pick Jonathan McKernan for Treasury post
Jonathan McKernan testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 27, 2025.Annabelle Gordon | ReutersPresident Donald Trump plans to nominate Jonathan McKernan to be...
Newark Mayor Ras Baraka arrested for trespass at ICE NJ center
Mayor Ras Baraka of Newark speaks to the press near ICE agents at a demonstration outside an immigrant detention centre in Elizabeth, New Jersey May 7, 2025. Timothy A. Clary | AFP | Getty ImagesNewark Mayor Ras Baraka was arrested Friday by federal authorities for...
RBI imposes penalties on SBI, Jana Small Finance Bank, ET BFSI
The RBI on Friday said it has imposed penalties on State Bank of India and Jana Small Finance Bank for certain deficiencies in compliance of norms. The Reserve Bank of India (RBI) said a penalty of Rs 1,72,80,000 has been imposed on SBI for non-compliance with certain...
Trump administration eyes suspending habeas corpus
White House deputy chief of staff for policy Stephen Miller speaks to the media outside the White House in Washington, D.C., U.S., May 9, 2025. Kent Nishimura | ReutersWhite House deputy chief of staff for policy Stephen Miller said Friday that the Trump...
David Steiner, FedEx director, to lead USPS as postmaster general
FILE PHOTO: David Steiner, smiles while speaking at the OPEC Oil Embargo +40 conference hosted by Securing America's Future Energy (SAFE) in Washington, D.C., U.S., on Wednesday, Oct. 16, 2013. Joshua Roberts | Bloomberg | Getty ImagesThe U.S. Postal Service Board of...
Ukraine to host coalition of willing leaders Saturday, Zelenskiy says
President Volodymyr Zelenskyy attends the European leaders' summit to discuss European security and Ukraine, at Lancaster House in London, Britain, March 2, 2025. Javad Parsa | Via ReutersUkraine will host a meeting of leaders of the so-called "coalition of the...
Trump heads to Middle East with oil, arms, nuclear ambitions in focus
US President Donald Trump (R) and Saudi Deputy Crown Prince Mohammad bin Salman al-Saud take part in a bilateral meeting at a hotel in Riyadh on May 20, 2017.Mandel Ngan | AFP | Getty ImagesDUBAI, United Arab Emirates — U.S. President Donald Trump will touch down in...
New FEMA head says he will ‘run right over’ staff who resist changes
FEMA (Federal Emergency Management Agency) Headquarters is seen in Washington, DC, February 11, 2025.Saul Loeb | Afp | Getty ImagesDavid Richardson, the new head of the Federal Emergency Management Agency, told staff on Friday he will "run right over" anyone that...
Trump backs tax hike on rich, says GOP maybe shouldn’t
U.S. President Donald Trump speaks during a swearing-in ceremony of Special Envoy Steve Witkoff in the Oval Office at the White House in Washington, D.C., U.S., May 6, 2025. Kent Nishimura | ReutersPresident Donald Trump on Friday tepidly backed the idea of raising...
David Souter, retired Supreme Court justice, dies at 85
Portrait de David Hackett Souter.Jeffrey Markowitz | Sygma | Getty ImagesRetired Supreme Court Justice David Souter died Thursday at his home in New Hampshire, the court said in a statement. He was 85 years old.Souter, who was appointed to the high court in 1990 by...
RBI asks banks and NBFCs to be on high alert for potential cyber attacks, ET BFSI
RBI asks banks and NBFCs to be on high alert for potential cyber attacksThe Reserve Bank of India (RBI) has sounded the alarm for leading banks and non-banking financial companies (NBFCs), urging them to remain on high alert amid intelligence reports of potential...
Trump says 80% tariff on China ‘seems right’ ahead of U.S.-Beijing trade talks
US President Donald Trump, alongside Treasury Secretary Scott Bessent (R), speaks during a bilateral meeting with Prime Minister of Norway Jonas Gahr Store in the Cabinet Room of the White House in Washington, DC, on April 24, 2025. Saul Loeb | Afp | Getty...
Banks, REs to furnish details of digital lending apps on RBI’s CIMS portal, ET BFSI
Banks, REs to furnish details of digital lending apps on RBI's CIMS portalMumbai, Banks and other regulated entities will have to furnish details of their Digital Lending Apps through the Centralised Information Management System (CIMS) portal of the Reserve Bank. As...
RBI eases debt market rules for FPIs, BFSI News, ET BFSI
Mumbai: RBI has eased investment restrictions for foreign portfolio investors in the corporate debt market. This move is likely to deepen market liquidity and align India more closely with global capital flows. RBI announced it will remove both the short-term...
Bank of Baroda, ET BFSI
The recently concluded Free Trade Agreement (FTA) between India and the United Kingdom is expected to benefit both nations economically and could also pave the way for similar agreements with other countries such as the United States and the European Union, says a...
Government expands credit guarantee scheme to boost capital access for Startups, ET BFSI
Government expands credit guarantee scheme to boost capital access for StartupsNew Delhi [India], May 9 (ANI): In a move aimed at further strengthening the startup ecosystem in India, the Government has expanded the Credit Guarantee Scheme for Startups (CGSS) to...
Indian central bank likely selling dollars to support rupee, traders say, ET BFSI
Indian central bank likely selling dollars to support rupee, traders sayMUMBAI, - The Reserve Bank of India likely intervened via state-run banks to support the rupee on Friday as the intensifying conflict between India and Pakistan pressured the South Asian currency,...
Trump says it is ‘such an honor’ that Vatican elected first U.S. pope
President Donald Trump congratulated Robert Francis Prevost after his election as pope Thursday, making him the first American-born pontiff in the history of the Roman Catholic Church.Prevost, 69, of Chicago, will be known as Pope Leo XIV."It is such an honor to...
Trump pulls nomination of Ed Martin for D.C. federal prosecutor
U.S. President Donald Trump makes an announcement about a trade deal with the U.K., in the Oval Office at the White House in Washington, D.C., U.S., May 8, 2025. Leah Millis | ReutersPresident Donald Trump said Thursday that he will pull his controversial nomination...
Cardinals pick new pope as white smoke seen at Vatican
White smoke rises from the chimney on the Sistine Chapel, indicating that a new pope has been elected at the Vatican, May 8, 2025. Dylan Martinez | ReutersRoman Catholic cardinals selected a new pope on the second day of their conclave Thursday, signaling the election...
Trump says 10% is floor for tariffs; ‘Some will be much higher’
President Donald Trump on Thursday said that 10% will be the floor for his tariffs on imports from other countries that seek to reach trade agreements with the United States."Some will be much higher because they have massive trade surpluses and in many cases they...
Senate stablecoin vote uncertain key Democrats back out
The Senate will hold a key vote on a landmark crypto regulation package on Thursday. Dubbed the GENIUS Act, the bill will require 60 votes to advance to the Senate floor for final passage.The GENIUS Act aims to create a regulatory framework for stablecoins, or digital...
Trump to unveil UK trade deal after tariff pause
US President Donald Trump speaks during a press conference with British Prime Minister Keir Starmer in the East Room of the White House in Washington, DC, on February 27, 2025. Saul Loeb | Afp | Getty ImagesPresident Donald Trump is set to unveil a trade agreement...
Europe to launch dispute against U.S. tariffs with WTO
This photograph shows a European flag flying outside the EU headquarters in Brussels on May 6, 2025. Nicolas Tucat | Afp | Getty ImagesThe European Union's executive arm on Thursday said it would launch a dispute with the World Trade Organization over the U.S.'s...
Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady again
President Donald Trump derided Federal Reserve Chairman Jerome Powell once again Thursday, a day after the central bank voted to not lower rates because of economic uncertainty created by tariffs.Trump said in a Truth Social post:"'Too Late' Jerome Powell is a FOOL,...
RBI to be more transparent in framing rules, BFSI News, ET BFSI
The Reserve Bank of India on Tuesday stated that it will follow a consultative approach framework for issuing any new guidelines whereby it would give stakeholders 21 days to comment on draft regulations and conduct an impact analysis of the regulation before...
Trump’s China ambassador David Perdue sworn in before trade talks
U.S. President Donald Trump shakes hands with former U.S. Senator David Perdue during Perdue's swearing-in ceremony to be the new U.S. ambassador to China, at the White House in Washington, D.C., U.S., May 7, 2025.Leah Millis | ReutersPresident Donald Trump's pick for...
RBI bumper Rs 3.5 trillion payout to help offset weak revenues, analysts say, ET BFSI
India’s central bank is expected to pay a record dividend to the government, offsetting shortfall in tax revenues due to slow growth and helping meet any emergency spending needs, economists said.Kotak Mahindra Bank Ltd. estimates the Reserve Bank of India to transfer...
Trump pulls surgeon general nominee Janette Nesheiwat
US Vice President JD Vance, from left, Pam Bondi, US attorney general, Chris Wright, US energy secretary, Janette Nesheiwat, US surgeon general nominee for US President Donald Trump, and Lee Zeldin, administrator of the US Environmental Protection Agency (EPA), during...
Finance Ministry unveils draft framework of Climate Finance Taxonomy, ET BFSI
Finance Ministry unveils draft framework of Climate Finance TaxonomyThe finance ministry Wednesday released a draft climate finance taxonomy framework that would help investors identify activities consistent with India's climate action goals and transition pathway,...
US Fed keeps interest rates unchanged at 4.25-4.50% amid rising unemployment, inflation risks, ET BFSI
US Fed keeps interest rates unchanged at 4.25-4.50% amid rising unemployment, inflation risksNew Delhi [India], May 8 (ANI): The US Federal Reserve has decided to keep interest rates unchanged at 4.25 per cent to 4.50 per cent, as the risks of both higher unemployment...
Trump offers help with India and Pakistan conflict
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | ReutersPresident Donald Trump on Wednesday offered to help...
Republican concedes after judge’s ruling in NC court race
Judge Jefferson Griffin, the Republican candidate for the N.C. Supreme Court listens to testimony in Wake County Superior Court on Friday, Feb. 7, 2025, in Raleigh, North Carolina. Griffin trails North Carolina Supreme Court Justice Allison Riggs by 734 votes...
Trump digs in on high China tariffs ahead of trade talks
U.S. President Donald Trump speaks during a swearing-in ceremony for the new U.S. ambassador to China, former U.S. Senator David Perdue, at the White House in Washington, D.C., U.S., May 7, 2025. Leah Millis | ReutersPresident Donald Trump said Wednesday he would not...
U.S. wanted trade talks, opposes Trump tariffs
The upcoming meeting in Switzerland between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart was requested by the Trump administration, Chinese officials said Wednesday.China will be entering the talks "firmly" opposed to U.S. tariff hikes, and...
Trump administration to announce U.S. will call Persian Gulf the Arabian Gulf
Strait of Hormuz in the Persian Gulf.Stocktrek | Photodisc | Getty ImagesDUBAI, Unites Arab Emirates — President Donald Trump's administration reportedly plans to announce that the U.S. will officially call the Persian Gulf the Arabian Gulf or Gulf of Arabia, a move...
EU to unveil next steps in U.S. tariff countermeasures on Thursday
Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing...
EU to set out next countermeasures against U.S. tariffs on Thursday
Maros Sefcovic, European Commissioner for Trade and Economic Security; Interinstitutional Relations and Transparency, speaks to reporters in Singapore on May 7, 2025, after signing of the EU-Singapore Digital Trade Agreement (DTA), a landmark initiative enhancing...
RBI recognises FIMMDA as SRO in financial markets, BFSI News, ET BFSI
RBI recognises FIMMDA as SRO in financial marketsThe Reserve Bank of India on wednesday recognised Fixed Income Money Market and Derivatives Association of India (FIMMDA) as a Self-Regulatory Organisation (SRO) in financial markets, it said issuing a...
Germany finally has a leader. Now comes the hard part for Merz
Friedrich Merz, Germany's chancellor, takes the chancellor's seat, after swearing an oath, at the Bundestag in Berlin, Germany, on Tuesday, May 6, 2025.Krisztian Bocsi | Bloomberg | Getty ImagesAfter some dramatics, and around 10 weeks after the German election,...
Fed to hold rates steady as pressures mount, BFSI News, ET BFSI
Federal Reserve officials are widely expected to leave interest rates unchanged Wednesday as they await clarity on the Trump administration’s trade policies, a move likely to frustrate the president and anyone else seeking answers about the US central bank’s next...
How RBI’s new stressed asset framework may aid NPA clean-up, attract capital market investors, ET BFSI
How RBI's new stressed asset framework may aid NPA clean-up, attract capital market investorsThe Reserve Bank of India’s proposed “Securitisation of Stressed Assets Framework (SSAF), 2025” could reduce dependence on asset reconstruction companies (ARCs) and facilitate...
FinMin to support lenders in reviewing SC JSW steel order, BFSI News, ET BFSI
The finance ministry is in favour of supporting banks keen to seek a review of the latest Supreme Court order that scrapped JSW Steel's ₹19,700-crore acquisition of Bhushan Power and Steel (BPSL) four years ago, citing "gross violation" of the Insolvency and...
RBI more than doubled gold purchases to 57.49 tonnes in FY25 as global tensions grew, ET BFSI
RBI more than doubled gold purchases to 57.49 tonnes in FY25 as global tensions grewThe Reserve Bank of India (RBI) added 57.49 tonnes of gold to its reserves in FY25 — more than double the 27.46 tonnes added in FY24 — bringing total gold holdings to 879.59 tonnes as...
Trump officials to meet with Chinese counterparts on trade
US Secretary of Treasury Scott Bessent speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025. Mandel Ngan | Afp | Getty ImagesTreasury Secretary Scott Bessent and U.S. trade representative Jamieson Greer...
Trump shifts tariff goals from trade deals
U.S. President Donald Trump meets with Canadian Prime Minister Mark Carney (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., May 6, 2025. Leah Millis | Reuters"The Art of the Deal" author President Donald Trump said in a surprising...
Major universities sue to block Trump cuts to NSF research funding
A man walks through Killian Court at MIT in Cambridge.REUTERS/Brian SnyderMajor U.S. universities have filed a lawsuit seeking to block President Donald Trump's administration from carrying out steep cuts to federal research funding provided to academic institutions...
Canada ‘won’t be for sale ever’
Canadian Prime Minister Mark Carney told President Donald Trump on Tuesday that his country will never be for sale, shutting down the U.S. president's repeated calls to make Canada the 51st state."There are some places that are never for sale," Carney said in the Oval...
Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback
The newly elected Federal Chancellor Friedrich Merz (center, CDU) accepts the election in the Bundestag. Sitting next to him are Jens Spahn (l, CDU), leader of the CDU/CSU parliamentary group, and Alexander Dobrindt (r, CSU), designated Federal Minister of the...
Trump pick for D.C. federal prosecutor opposed by key Republican
Sen. Thom Tillis, R-N.C., speaks to reporters as he leaves the Senate floor in the U.S. Capitol on Thursday, March 13, 2025. Bill Clark | Cq-roll Call, Inc. | Getty ImagesA key Republican senator on Tuesday said he would not support the nomination of Ed Martin,...
UK and India strike a trade deal amid U.S.-led tariff tensions
RIO DE JANEIRO, BRAZIL - NOVEMBER 18: UK Prime Minister Sir Keir Starmer (L) during a bilateral meeting with Prime Minister of India Narendra Modi as he attends the G20 summit at the Museum of Modern Art on November 18, 2024 in Rio de Janeiro, Brazil. Keir Starmer is...
Sebi sets ₹1 cr minimum investment, mandatory demat for securitised debt instruments, ET BFSI
Sebi sets ₹1 cr minimum investment, mandatory demat for securitised debt instrumentsMarkets regulator Sebi has mandated a minimum ticket size or investment threshold of Rs 1 crore for the RBI-regulated originators and unregulated entities engaged in securitisation...
RBI’s draft norms to slow down gold loan asset growth of NBFCs: Report, ET BFSI
RBI's draft norms to slow down gold loan asset growth of NBFCs : ReportImplementing the guidelines proposed in the RBI's draft on gold loans will slow down the asset growth of non-bank financiers in the segment, as per a report released on Tuesday. According to a...
Democratic-led states sue to prevent Trump from gutting health agencies
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. discusses the findings of the Centers for Disease Control and Prevention’s (CDC) latest Autism and Developmental Disabilities Monitoring (ADDM) Network survey, during a press conference at the...
CFTC drops Kalshi election bet case appeal
The Kalshi app arranged on a smartphone in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty ImagesThe Commodity Futures Trading Commission on Monday moved to drop its appeal of a federal judge's ruling that had allowed commodities exchange...
Federal judge says results of North Carolina court race with Democrat ahead must be certified
Demonstrators gather to protest on Presidents' Day for the NC Supreme Court race in which Judge Griffin attempted to invalidate more than 65,000 ballots in Charlotte NC, United States on February 17, 2025. Anadolu | Anadolu | Getty ImagesDisputed ballots in the still...
Germany’s Merz fails to be elected chancellor in shock first-round parliamentary vote
Friedrich Merz, designated Federal Chancellor (CDU), is pictured during the signing of the coalition agreement between the SPD, CDU, and CSU on May 05, 2025 in Berlin, Germany.Florian Gaertner | Photothek | Getty ImagesFriedrich Merz failed to get the majority needed...
RBI goes slow in bringing back home gold from overseas vaults, ET BFSI
The central bank brought back home only 1.53 tonnes of gold it held overseas between end September 2024 and end March 2025, compared with 102.15 tonnes it brought back in the first half of the last fiscal, showed the latest RBI data published Monday. The RBI had begun...
Sebi mandates cooling-off period for directors at market infrastructure institutions, ET BFSI
Sebi mandates cooling-off period for directors at market infrastructure institutionsMarkets regulator Sebi has strengthened the governance framework of market infrastructure institutions -- stock exchanges, clearing corporations and depositories -- by prescribing a...
Credit Suisse settles criminal case for helping Americans avoid taxes
Credit Suisse Services AG will pay nearly $511 million after pleading guilty in a criminal case to having conspired with wealthy American taxpayers to hide more than $4 billion in at least 475 offshore accounts, the Department of Justice said.In addition to that plea,...
Messaging app used by Trump official suspends operations after reported hack
National Security Advisor Michael Waltz looks at his phone as he prepares for a TV interview at the White House on May 01, 2025 in Washington, DC. Andrew Harnik | Getty ImagesThe messaging app that President Donald Trump's former national security advisor was seen...
Trump foreign film tariff proposal floated
U.S. President Donald Trump announces the NFL draft will be held in Washington, at the White House in Washington, D.C., U.S., May 5, 2025. Leah Millis | ReutersPresident Donald Trump said Monday that he will ask Hollywood studios if "they're happy" with his proposal...
Trump defends doll comments amid China tariffs
US President Donald Trump speaks with the media aboard Air Force One as he flies from West Palm Beach, Florida enroute to Joint Base Andrews in Maryland, on May 4, 2025 returning to the White House after spending the weekend in Florida.Saul Loeb | Afp | Getty...
DHS offers $1,000 stipend, travel help to immigrants who ‘self-deport’
The US Customs and Border Protection (CBP) headquarters in Washington, DC, US, on Wednesday, May 10, 2023. Mayorkas provided an update on planning and operations ahead of the lifting of the Title 42 public health order. Photographer: Al Drago/Bloomberg via Getty...
Trump will make U.S. more appealing for investors
U.S. Treasury Secretary Scott Bessent speaks at the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. Mike Blake | ReutersTreasury Secretary Scott Bessent on Monday sketched out the roadmap of President Donald Trump's "America...
Incoming German Chancellor Merz vows reforms and investments
Friedrich Merz, leader of the Christian Democratic Union (CDU), signs the coalition contract between the CDU, the CDU'S Bavarian sister party, the Christian Social Union (CSU), and the German Social Democrats (SPD) on May 05, 2025 in Berlin, Germany.Maja Hitij | Getty...
ADB fully supports India’s development priorities under PM Modi: Masato Kanda, ET BFSI
New Delhi, May 5 (IANS) Asian Development Bank (ADB) President Masato Kanda, in his meeting with Union Finance Minister Nirmala Sitharaman, has expressed the Bank’s full support to India’s development priorities, guided by Prime Minister Narendra Modi’s vision of...
RBI’s push to internationalise the rupee through special vostro accounts, ET BFSI
Explainer: RBI’s push to internationalise the rupee through special vostro accountsTaking measured steps to promote the international use of the rupee. At the heart of this push is the Reserve Bank of India's Special Rupee Vostro Account (SRVA) mechanism—a framework...
Cumulative rate cuts of 125-150 bps estimated in FY26: SBI report, ET BFSI
New Delhi, The benign inflationary patterns suggest an aggressive rate cut trajectory by the Reserve Bank of India, with key policy rate likely to breach the 'Neutral' rate by March 2026, an SBI Research report said on Monday.A cumulative rate cut of 125-150 bps is...
World Bank ED Parameswaran Iyer to represent India at IMF board, ET BFSI
Parameswaran Iyer, Executive Director at the World Bank, has been temporarily entrusted with the responsibility of being India's nominee director on the board of International Monetary Fund (IMF) ahead of a crucial May 9 meeting, sources said. Iyer's nomination was...
NPR and PBS to challenge Trump over public funding cuts
A sign for the Public Broadcasting Service (PBS) is seen on its building headquarters on Feb. 18, 2025 in Arlington, Virginia.Kayla Bartkowski | Getty ImagesThe CEOs of NPR and PBS said they're looking into options to challenge the Trump administration following the...
Trump blames ‘bad parts’ of economy on Biden
U.S. President Donald Trump walks to board Marine One to depart for Alabama, on the South Lawn of the White House in Washington, D.C., U.S., May 1, 2025. Nathan Howard | ReutersPresident Donald Trump took credit for the "good parts" of the economy in an exclusive...
Trump depicted as pope in AI-generated photo
U.S. President Donald Trump's Truth post in papal attire.Courtesy: The White House via X, formerly TwitterThe White House posted an AI-generated photo of President Donald Trump depicted as the pope on Friday, days after he joked that he'd "like to be pope."The image —...
RBI seeks lifting cap on ‘vostro’ accounts investments to push rupee-denominated trade, sources say, ET BFSI
The Reserve Bank of India has sought the government's approval to remove the cap on foreign banks with so-called vostro accounts buying short-term sovereign debt, to boost rupee-denominated investment and trade, according to two sources and a letter seen by...
RBI penalises 5 banks including Axis, ICICI, BoB, and others, BFSI News, ET BFSI
The Reserve Bank of India (RBI) on Friday imposed monetary penalties on five banks, three of those are private lenders including Axis Bank, ICICI Bank, and IDBI Bank. Other two are public sector banks including Bank of Baroda, and Bank of Maharashtra, for deficiencies...
Trump calls on Fed once again to lower rates after solid April jobs report
Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Chicago event in Chicago, Illinois, US, on Wednesday, April 16, 2025. Jamie Kelter Davis | Bloomberg | Getty ImagesPresident Donald Trump on Friday issued his latest call for the U.S....
President vows to revoke tax-exempt status
President Donald Trump on Friday said his administration will revoke Harvard University's tax-exempt status, escalating his previous threats against the Ivy League school and potentially expanding an ongoing legal battle."It's what they deserve!" Trump wrote in a...
INDIA RUPEE-Rupee hits six-month peak before retreating on likely central bank intervention, ET BFSI
MUMBAI, - The Indian rupee soared past 84 per U.S. dollar to touch a near six-month peak on Friday before reversing course on the back of likely dollar buying intervention by the central bank, via state-run lenders, traders said.Strong portfolio inflows and culling of...
India central bank working group recommends longer hours for interbank money markets, ET BFSI
MUMBAI, - A working group set up by the Indian central bank has recommended longer operating hours for the interbank money markets, while maintaining the current schedule for the bond and forex markets, according to a notice issued on Friday.The Reserve Bank of India...
Mike Waltz used Signal app at White House day before ouster
U.S. National Security Advisor Mike Waltz checks his mobile phone while attending a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | ReutersFormer White House national security advisor...
Rs 2000 notes worth Rs 6,266 cr still in circulation after withdrawal 2 yrs ago, ET BFSI
Mumbai: The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. The Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India...
Russia war in Ukraine ‘not going to end any time soon,’ JD Vance says
U.S. Vice President JD Vance waves as he boards Air Force Two on May 1, 2025 in Charleston, South Carolina.Pool | Getty Images News | Getty ImagesU.S. Vice President JD Vance has warned Russia's full-scale invasion of Ukraine is not likely to come to an end "any time...
Trump plans to unveil federal budget proposal on Friday
U.S. President Donald Trump at the White House on May 1, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesU.S. President Donald Trump plans to unveil his budget proposal for the 2026 fiscal year on Friday and send it to Congress, according to a...
RBI announces new portfolio allocation for four Deputy Governors after Poonam Gupta’s appointment, ET BFSI
The Reserve Bank of India (RBI) has announced the revised distribution of responsibilities among its Deputy Governors following the appointment of Poonam Gupta, who officially assumed charge on 2nd of May. Gupta will oversee key economic and policy departments, while...
Transformation of debt collection strategy of Central Bank of India with Spocto X, ET BFSI
The Central Bank of India (CBoI), one of the oldest and most widespread public sector banks, wanted to improve its debt recovery mechanism and overall user experience.With better UX becoming the primary driver for good engagement and impactful results, the bank wanted...
Farage’s Reform UK Party support surges, wins closest ever by-election
Nigel Farage (C), leader of the Reform UK party, celebrates the victory of Sarah Pochin, the party's candidate, in the Runcorn & Helsby by-election at the DCBL Stadium in Widnes, north-west England, in the early hours of May 2, 2025. Oli Scarff | Afp | Getty...
Trump nominates Mike Waltz as UN ambassador
U.S. National Security Advisor Mike Waltz joins U.S. Vice President JD Vance for a visit to the U.S. military's Pituffik Space Base in Greenland on March 28, 2025. Jim Watson | Via ReutersPresident Donald Trump said Thursday that he will nominate Mike Waltz to be the...
Trump national security advisor Mike Waltz expected to leave
National Security Advisor Michael Waltz looks at his phone as he prepares for a TV interview at the White House on May 01, 2025 in Washington, DC. This week marks the first 100 days of U.S. President Donald Trump's second term. Andrew Harnik | Getty Images News |...
Chamber of Commerce asks Trump for tariff exclusions
The U.S. Chamber of Commerce is urging the Trump administration to immediately implement a "tariff exclusion process" in order to keep the U.S. economy from falling into a recession and inflicting "irreparable harm" on small businesses.In a letter first obtained by...
Trump calls China ‘chief-ripper-offer’ on trade
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on April 30, 2025. Jim Watson | Afp | Getty ImagesPresident Donald Trump on Wednesday called China the leading candidate for the "chief-ripper-offer" on...
Banks’ rate transmission accelerates on RBI liquidity surge; MPC likely to hold in June, ET BFSI
RBIIndia's monetary policy transmission is accelerating on the back of the RBI’s liquidity support and an accommodative stance, with market rates already reflecting effective easing even as the Monetary Policy Committee (MPC) is likely to hold rates in June.According...
U.S. and Ukraine sign landmark minerals deal
Earth and minerals are loaded onto trucks at an open-pit mine near the frontline, despite the threat of bombing by Russian invading forces on February 26, 2025 in Donetsk Region, Ukraine.Pierre Crom | Getty Images News | Getty ImagesThe U.S. and Ukraine have signed a...
Trump India trade deal moving ‘as fast as possible’: Navarro
President Donald Trump's top trade advisor Peter Navarro said Wednesday that the White House is moving in "Trump time" as they negotiate a tariff deal with India, "which is to say, as fast as possible.""In Indian democracy, it's got to go through the prime minister...
Elon Musk goodbye Trump Cabinet, claims DOGE saved $160 billion
Tesla CEO Elon Musk reacts while wearing a cap with the words "Gulf of America" as he attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., U.S., April 30, 2025. Evelyn Hockstein | ReutersDOGE chief Elon Musk claimed...
Trump trade advisor Navarro brushes off U.S. GDP drop
White House trade advisor Peter Navarro brushed off concerns Wednesday about the unexpected drop in U.S. gross domestic product last quarter, saying, 'We really like where we're at now," and pointing to a surge in new domestic investment."I got to say just one thing...
Trump blames Biden for GDP dip, defends tariffs, says ‘BE PATIENT!’
U.S. President Donald Trump speaks during a rally to mark his 100th day in office, at Macomb Community College in Warren, Michigan, U.S., April 29, 2025. Evelyn Hockstein | ReutersPresident Donald Trump on Wednesday blamed his predecessor and defended his sweeping...
RBI rate cuts to impact key profitability indicator of banks: Crisil, ET BFSI
The Reserve Bank's rate cuts will lead to an up to 0.20 per cent slip in return on assets, a key profitability indicator, for banks in FY26, a domestic rating agency said on Wednesday. Crisil Ratings said the RoA will contract by 0.10-0.20 per cent to 1.1-1.2 per cent...
Lars Klingbeil to become German vice chancellor, finance minister: SDP
Federal SPD Chairman Lars Klingbeil speaks in Trier.Photo by Harald Tittel/picture alliance via Getty ImagesThe Social Democratic Party's Lars Klingbeil has been tapped to become Germany's next finance minister in the incoming centrist coalition government, replacing...
What the new ATM withdrawal charges mean for customers, banks, ET BFSI
From May 1, 2025, withdrawing cash from ATMs beyond the free monthly limit will cost more, following the Reserve Bank of India’s decision to allow banks to raise charges. The hike is part of the regulator’s phased approach to account for rising operational costs....
RBI has room for more rate cuts, but with caution, says rate panel member, ET BFSI
India has room for more rate cuts, given the cooling inflation rate and elevated uncertainties around growth, but any further policy easing should be calibrated and done with caution, an external member of the country's rate-setting panel said late on Tuesday."Going...
Trump’s first 100 days in photos
There is one thing President Donald Trump's fans and foes can both agree on: A lot has happened over the past 100 days.The Republican president kicked off his nonconsecutive second term on Jan. 20 with a promise to usher in "the golden age of America."He has wasted no...
Commerce Secretary Lutnick says one trade deal is done, but waiting on approval from unnamed country’s leaders
U.S. Commerce Secretary Howard Lutnick speaks to members of the media near the White House in Washington, D.C., U.S., March 13, 2025.Nathan Howard | ReutersCommerce Secretary Howard Lutnick on Tuesday teased that the Trump administration has reached its first trade...
Trump White House ‘very close’ to India trade deal: Bessent
US Secretary of Treasury Scott Bessent speaks during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025.Mandel Ngan | Afp | Getty ImagesTreasury Secretary Scott Bessent said Tuesday that the U.S. could be closing in...
White House blasts Amazon over tariff cost report: ‘Hostile and political act’
The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump's tariffs next to the total price of products on its site."This is hostile and political act by Amazon," White House press secretary Karoline Leavitt told...
RBI ask banks to ensure Rs 100, Rs 200 notes dispense from ATMs, ET BFSI
The Reserve Bank of India (RBI) asked banks to ensure that ATMs dispense Rs 100 or Rs 200 denomination notes to enhance the availability of these currency notes to the public. Banks and White Label ATM Operators (WLAOs) have to implement the direction in a phased...
Alleged DHS Sec. Kristi Noem thief hit with federal charges
Kristi Noem, Homeland Security Secretary, during a meeting with US President Donald Trump and Nayib Bukele, El Salvador's president, in the Oval Office of the White House in Washington, DC, US, on Monday, April 14, 2025. Al Drago | The Washington Post | Getty ImagesA...
Trump investigates Harvard Law Review over race discrimination
People walk through Harvard Yard on the Harvard University campus in Cambridge, Massachussetts, on April 15, 2025.Joseph Prezioso | AFP | Getty ImagesThe Trump administration on Monday announced investigations into Harvard University and the Harvard Law Review after a...
White House names McNeill acting head of Transportation Security Administration
A Transportation Security Administration (TSA) agent's patch is seen as she helps travelers place their bags through the 3-D scanner at the Miami International Airport.Joe Raedle | Getty ImagesThe Trump administration has tapped a former White House official to serve...
RBI instructs all banks, financial companies, and other regulated entities to use PRAVAAH portal from 1st May, ET BFSI
The Reserve Bank of India (RBI) has given clear instructions that from May 1, 2025, all banks, financial companies, and other regulated entities must use the PRAVAAH portal to submit any applications for authorisations, licenses, and approvals.In an official statement...
RBI’s move to inject liquidity seen as a positive for bond prices, ET BFSI
Mumbai, The Reserve Bank has decided to inject more liquidity into the banking system through the purchase of Government bonds for an aggregate amount of Rs 1.25 lakh crore in May. The move is also expected to prop up bond prices, which had declined due to a sell-off...
European Union left reeling after Donald Trump’s first 100 days
European leaders have been left reeling after the first 100 days of U.S. President Donald Trump's second term saw increasing geopolitical and trade turmoil."It's unlike anything else we've seen before from the U.S. administration," European Union foreign policy chief...
U.S. House panel proposes moving FTC antitrust work to DOJ in budget package
The U.S. Capitol building is seen on April 28, 2025 in Washington, DC. Kayla Bartkowski | Getty ImagesThe U.S. House of Representatives Judiciary Committee on Monday said it proposed transferring the Federal Trade Commission's antitrust work to the Department of...
No Trump-Xi tariff talks underway, China says
U.S. President Donald Trump answers reporters' questions after exiting Marine One at the White House in Washington, D.C., U.S., April 27, 2025. Ken Cedeno | ReutersChina on Monday once again denied that it is in talks to resolve its tariff war with the United States,...
Elon Musk’s DOGE cuts may help Tesla, Neuralink avoid fines: memo
Elon Musk may skirt more than $2 billion in possible financial liabilities by exercising his influence over the federal government, a new report from Senate Democratic committee staffers out Monday alleges.Musk's 'Department of Government Efficiency' has brought...
60 Minutes reporter says none of us happy about top producer quitting
Scott Pelley attends the CBS Fall Schedule Celebration at Paramount Studios on May 02, 2024 in Los Angeles, California. Frazer Harrison | Wireimage | Getty Images"60 Minutes" correspondent Scott Pelley paid tribute Sunday to Bill Owens, the show's executive producer...
Putin announces 3-day ceasefire in May to mark 80 years since WW2 victory
Russian President Vladimir Putin visits a nuclear submarine base March 26, 2025, in Murmansk, Russia.Contributor | Getty Images News | Getty ImagesRussian President Vladimir Putin on Monday declared a three-day ceasefire in the war with Ukraine next month to mark the...
RBI rains on rich Indians’ offshore parade, BFSI News, ET BFSI
Here comes a bump on the road for rich Indian families busy building a corpus outside the country. Their best laid plans to give away their overseas wealth as ‘gifts’ to children — to pay for their EB-5 US visa, acquire properties abroad, and share a slice of the...
RBI Governor highlights India’s shift towards entrepreneurship and growing startup ecosystem, ET BFSI
Reserve Bank of India (RBI) Governor Sanjay MalhotrNEW DELHI: Reserve Bank of India (RBI) Governor Sanjay Malhotra said that the mindset of India's young generation has changed remarkably over the years, with many now preferring to become entrepreneurs rather than...
Trump’s approval rating drops; voters have doubts on economy: Polls
U.S. President Donald Trump speaks to members of the media as he departs for Rome, Italy, to attend Pope Francis' funeral, at the White House in Washington, D.C., U.S., April 25, 2025. Leah Millis | ReutersPresident Donald Trump's approval rating is dipping as he...
Trump Russia-Ukraine negotiations enter critical week: Rubio
U.S. Secretary of State Marco Rubio speaks to the media during a refueling stop at Shannon Airport in Shannon, Ireland, March 12, 2025, as he travels from talks with Ukraine in Saudi Arabia to attending a G7 Foreign Ministers meeting in Canada. Saul Loeb | Via...
White House journalists celebrate the First Amendment at the annual press dinner
There was no president. There was no comedian. What remained at the White House Correspondents' Association's annual dinner on Saturday night were the journalists and the First Amendment.The stripped-down festivities were a reflection of the somber tone in Washington...
RBI Governor Malhotra asks US industry to invest in India, BFSI News, ET BFSI
Washington, Reserve Bank Governor Sanjay Malhotra has exhorted the US industry to invest in India, stressing that the country continues to be the fastest growing major economy supported by policy consistency and certainty. Addressing the US-India Economic Forum...
Iran says ‘extremely cautious’ on success of nuclear talks with U.S.
United States Capitol building and an Iranian flag are seen at the National mall in Washington D.C., United States.Celal Gunes | Anadolu Agency | Getty ImagesIran and the United States have agreed to continue nuclear talks next week, both sides said on Saturday,...
Trump talks tougher on Russia, sits down with Zelenskyy
In this photo provided by the Ukrainian Presidential Press Office, Ukraine's President Volodymyr Zelenskyy, right, and President Donald Trump, talk as they attend the funeral of Pope Francis in Vatican, Saturday, April 26, 2025.Ukrainian Presidential Press Office via...
SC allows RBI to start fresh proceedings against big defaulters, ET BFSI
The Supreme Court on Friday said the Reserve Bank of India and banks can proceed afresh against big defaulters even as it set aside orders of various high courts that quashed criminal proceeding initiated against such borrowers and also stalled actions taken by the...
Trump and Ukraine’s Zelenskyy have ‘very productive’ meeting in Rome
U.S. President Donald Trump meets with Ukrainian President Volodymyr Zelenskyy at the White House in Washington, D.C., U.S., Feb. 28, 2025. Brian Snyder | ReutersU.S. President Donald Trump and Ukrainian leader Volodymyr Zelenskyy had a "very productive" meeting on...
RBI to auction new 10-year benchmark bond next week, ET BFSI
A new 10-year benchmark government bond is expected to be introduced next week, on May 2, as the existing benchmark paper now has a residual maturity of only 9.5 years, bond dealers said.However, with the new auction coming amid heightened tensions between India and...
U.S. Education Dept investigates UC Berkeley’s foreign funding disclosures
Demonstrators at UC Berkeley rally to support the Freedom to Speak, Freedom to Teach, and Freedom to Learn, For Everyone, at Sproul Plaza in Berkeley, Calif. on Wednesday, March 19, 2025. Santiago Mejia | Hearst Newspapers | Getty ImagesThe U.S. Department of...
Yale alums warn Treasury chief Scott Bessent of Trump fascism risk
U.S. Treasury Secretary Scott Bessent takes questions from reporters at the Institute of International Finance (IIF) Global Outlook Forum on sidelines of the IMF and World Bank’s 2025 annual Spring Meetings in Washington, D.C., U.S., April 23, 2025. Elizabeth Frantz |...
SC allows RBI to start fresh proceedings against big defaulters, ET BFSI
The Supreme Court on Friday said the Reserve Bank of India and banks can proceed afresh against big defaulters even as it set aside orders of various high courts that quashed criminal proceeding initiated against such borrowers and also stalled actions taken by the...
UK’s Reeves talks trade with US’s Bessent after stressing EU ties
U.S. Treasury Secretary Scott Bessent takes questions from reporters at the Institute of International Finance (IIF) Global Outlook Forum on sidelines of the IMF and World Bank’s 2025 annual Spring Meetings in Washington, D.C., U.S., April 23, 2025. Elizabeth Frantz |...
Luigi Mangione pleads not guilty to CEO murder
Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., Feb. 21, 2025. Curtis Means | Via ReutersLuigi Mangione pleaded...
FBI arrests judge in escalation of Trump immigration enforcement effort
Kash Patel, U.S. President Donald Trump’s nominee to be Director of the Federal Bureau of Investigation (FBI), testifies during his confirmation hearing before the Senate Judiciary Committee in the Dirksen Senate Office Building on Jan. 30, 2025 in Washington, DC.Anna...
George Santos to be sentenced in federal fraud case
Former New York congressman George Santos in 2024. New York Daily News | Tribune News Service | Getty ImagesFormer Rep. George Santos, whose web of lies about his life led to the New York Republican's expulsion from Congress, is set to be sentenced Friday morning in...
Russia tests U.S. patience, Trump rushes to clinch Ukraine peace deal
U.S. President Donald Trump looks on, on the day he signs executive orders in the Oval Office at the White House in Washington, D.C., U.S., April 23, 2025. Leah Millis | ReutersNearing the tone-setting 100th day of his second administration at the end of April, U.S....
RBI’s gold buying spree continues! 57.5 tonnes added to gold reserves; second highest in 7 years, ET BFSI
The Reserve Bank of India (RBI) acquired 57.5 tonnes of gold during FY25, expanding its holdings of safe haven assets whilst gold prices increased by over one-third during a period of instability in global financial markets. The RBI's gold acquisitions align with the...
Congress Republicans seek $27 billion for Golden Dome in Trump tax bill: Reuters
A view of the US Capitol building ahead of US President Donald Trump's address to a joint session of Congress in Washington, DC, on March 4, 2025. Alex Wroblewski | AFP | Getty ImagesRepublicans in the U.S. Congress plan to introduce a sweeping $150 billion defense...
Trump 2028 apparel fuels third White House term questions
A "Trump 2028" hat is seen for sale on Trumpstore.com, the Trump Organization's official retail website.Courtesy: Trump StoreThe online store for the Trump Organization on Thursday began selling red hats and T-shirts bearing the message "Trump 2028," fueling fresh...
South Korea calls for calm, orderly discussion in U.S. trade talks
South Korea's Trade, Industry and Energy Minister Ahn Duk-geun (right) arrives at Incheon International Airport on April 23, 2025, as he departs for Washington for finance and trade ministers' talks with the U.S.Jung Yeon-je | Afp | Getty ImagesSouth Korea has asked...
Trump tells Putin to 'STOP!' Russian strikes on Kyiv
Trump tells Putin to 'STOP!' Russian strikes on Kyiv
RBI’s cash influx seen a small relief amid global uncertainty, ET BFSI
By Swati Bhat and Siddhi NayakMUMBAI -The decision by India's central bank to cut rates and flood the banking system with cash will do little to immediately boost demand in Asia's third-largest economy as global uncertainties restrain corporate investment, bankers and...
Sebi tweaks framework for ESG Rating Providers using subscriber-pays model, ET BFSI
New Delhi, Markets regulator Sebi has tweaked the framework for ESG Rating Providers (ERPs), especially for those using a subscriber-pays model, requiring them to share ESG (Environmental, Social, and Governance) rating reports with both subscribers and the rated...
India better placed than peers on trade; door open for third RBI rate cut: DBS, ET BFSI
NEW DELHI: The Reserve Bank of India’s April policy meeting minutes indicate that the door is open for a third straight repo rate cut in June, believes Radhika Rao, Executive Director and Senior Economist at DBS Bank“The policy stance was revised to ‘accommodative’...
April MPC minutes show dovish shift; RBI signals support for growth amid global uncertainty, ET BFSI
April MPC minutes show dovish shift; RBI signals support for growth amid global uncertaintyThe Reserve Bank of India (RBI) maintained a distinctly dovish tone in the minutes of its April Monetary Policy Committee (MPC) meeting, reinforcing its shift toward supporting...
Confidence plummets among voters, new polls show
US President Donald Trump speaks with reporters outside the White House in Washington, DC, on April 23, 2025. Saul Loeb | Afp | Getty ImagesAmericans' confidence in President Donald Trump's ability to manage the U.S. economy has plummeted since he regained the White...
States sue Trump in bid to block new tariffs
NY Attorney General Letitia James speaks during a press conference on Feb. 14, 2025 in New York City.Michael M. Santiago | Getty ImagesA dozen states sued President Donald Trump and his administration on Wednesday, seeking a court order declaring that his new tariffs...
Treasury Sec. Bessent says China, U.S. could do big trade deal
Scott Bessent, US treasury secretary, at the IIF Global Outlook Forum during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Wednesday, April 23, 2025. Kent Nishimura | Bloomberg | Getty ImagesTreasury Secretary Scott...
Treasury chief Scott Bessent delivers speech
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Treasury Secretary Scott Bessent is delivering the keynote address to the Institute of International Finance in Washington, D.C., on Wednesday.After...
India seen resilient amid rising global headwinds, says RBI Bulletin, ET BFSI
India seen resilient amid rising global headwinds, says RBI BulletinIndia's economy is expected to remain resilient in the face of rising global uncertainties, supported by strong domestic fundamentals, according to the Reserve Bank of India’s latest bulletin. The...
RBI’s new liquidity norms expected to boost bank lending by ₹3 lakh crore, ET BFSI
The Reserve Bank of India's final liquidity coverage ratio norms for banks are expected to free up ₹2.7-3 lakh crore in funds for lending, economists said.This is a significant boost for banks struggling to raise deposits and will support the economy though cheaper...
At least 20 feared killed in militant attack on tourists in Indian Kashmir, security sources say
Local Kashmiris and Indian police, along with armed forces, gather outside the hospital to receive the dead and wounded after gunmen attacked Indian tourists on April 22, 2025 in Anantnag south of Srinagar, India. Yawar Nazir | Getty Images News | Getty ImagesAt least...
RBI cancels licence of Aurangabad-based Ajantha Urban Co-op Bank Maryadit, ET BFSI
The Reserve Bank on Tuesday said it has cancelled the licence of Ajantha Urban Co-operative Bank Maryadit, Aurangabad, as the lender does not have adequate capital and earning prospects. Consequently, the bank ceases to carry on banking business, with effect from the...
Fed Chair Powell won’t be fired but should cut interest rates
U.S. President Donald Trump speaks at the White House in Washington, D.C., U.S., April 22, 2025.Kevin Lamarque | ReutersPresident Donald Trump on Tuesday said he has "no intention" of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central...
RBI sets lower digital deposit buffer for lenders, gives one-year time for implementation, ET BFSI
The RBI also said banks will have to adjust the market value of bonds by applying haircuts, or valuation adjustments, which are in line with those applicable under the central bank's liquidity facilities.MUMBAI: The Reserve Bank of India on Monday directed lenders to...
Enrollment decline hits school funding, triggers cuts
Public schools across the United States are facing a financial reckoning in 2025 as federal pandemic relief funds expire and student enrollment continues to decline, according to data from the Georgetown Edunomics Lab.The funding crisis stems largely from the end of...
Trump administration proposes major shake-up of U.S. State Department
U.S. Secretary of State Marco Rubio speaks alongside U.S. President Donald Trump during a Cabinet meeting at the White House on April 10, 2025 in Washington, DC. Anna Moneymaker | Getty ImagesThe Trump administration is proposing a major overhaul of the U.S. State...
Trump stands ‘strongly behind’ Hegseth, White House says
President Donald Trump stands "strongly behind" Secretary of Defense Pete Hegseth, White House press secretary Karoline Leavitt said Tuesday, despite new reports that he discuss highly sensitive military information on a Signal chat with family and friends.Hegseth is...
China tariff fight will deescalate
U.S. Secretary of the Treasury Scott Bessent walks to speak to the news media about the latest tariff announcement from President Donald Trump, at the White House in Washington, D.C., U.S. April 9, 2025. Leah Millis | ReutersTreasury Secretary Scott Bessent told...
US tariff hike clouds India’s export outlook, add pressure on domestic demand: RBI, ET BFSI
The Reserve Bank of India (RBI), in its latest monthly bulletin released on Tuesday, raised concerns about the impact of the recent trade tariff hikes by the United States on the Indian economy. The bulletin says these higher tariffs could reduce India’s exports and...
RBI eases final liquidity coverage ratio norms, offers relief to banks, ET BFSI
Reserve Bank of India on Monday released the much-anticipated final rules on computation of liquidity coverage ratio, giving banks a breather as they are seen as less stringent than what was proposed earlier.The LCR norms, aimed at mitigating risk arising from a...
Indian central bank’s new liquidity norm to free up $35 billion, likely boosting credit growth, ET BFSI
By Dharamraj DhutiaMUMBAI -The Reserve Bank of India's relatively relaxed final guidelines on banks' liquidity coverage ratio (LCR) is expected to free up capital worth up to 3 trillion rupees ($35.24 billion) that could boost credit growth by as much as 2 percentage...
RBI permits minors above 10 years to operate bank accounts independently, ET BFSI
The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term deposit accounts independently. The Reserve Bank of India has issued revised instructions on opening and operation in the deposit accounts of minors....
Indian bond yields rise on RBI’s revised liquidity norms, BFSI News, ET BFSI
Indian government bond yields inched up early on Tuesday, snapping a week-long drop, after the central bank's tweak to liquidity management norms dampened demand for government securities.The benchmark 10-year bond yield was at 6.3365% as of 10:15 a.m. IST, compared...
FM Nirmala Sitharaman, ET BFSI
India's quest for sustained growth over the next two decades hinges on a new paradigm, driven by bold reforms, enhanced domestic capabilities, and strategic institutional collaborations suited for the evolving global landscape, Finance Minister Nirmala Sitharaman said...
T Rabi Sankar re-appointed as RBI DG for one year, BFSI News, ET BFSI
The Appointments Committee of the Cabinet on Tuesday approved the reappointment of T. Rabi Sankar as Deputy Governor of the Reserve Bank of India for a one-year term.As per the release, this will take effect on 3rd of May, 2025.T. Rabi Sankar took over as the Deputy...
Walmart, Home Depot, Lowe’s, Target at White House
President Donald Trump listens to reporters' questions as he meets with Italian Prime Minister Giorgia Meloni in the Oval Office at the White House on April 17, 2025 in Washington, DC.Win Mcnamee | Getty ImagesPresident Donald Trump will meet Monday afternoon with...
Trump DHS Secretary Kristi Noem robbed at D.C. restaurant
US Secretary of Homeland Security Kristi Noem speaks at the Border Security Expo at the Phoenix Convention Center in Phoenix, Arizona, April 8, 2025. Rebecca Noble | Afp | Getty ImagesA thief stole Homeland Security Secretary Kristi Noem's purse while she was dining...
Trump Powell attacks interest rates Fed
Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Chicago event in Chicago, Illinois, US, on Wednesday, April 16, 2025.Jamie Kelter Davis | Bloomberg | Getty ImagesPresident Donald Trump on Monday ratcheted up his pressure campaign on...
India’s soon-to-be-introduced bond forwards seen boosting demand for state debt, ET BFSI
By Khushi Malhotra and Dharamraj DhutiaMUMBAI, - India's upcoming bond forwards are set to boost demand for state debt and lower borrowing costs for sub-national issuers, a move investors say could help deepen the country's local bond market.The Reserve Bank of India...
Financial markets must play crucial role to fulfil India’s aspirations: RBI Governor, ET BFSI
India's financial markets must play a crucial role if the country is to successfully navigate global challenges and achieve its long-term aspirations, said Reserve Bank of India (RBI) Governor Sanjay Malhotra.Speaking at the 24th FIMMDA-PDAI Annual Conference in Bali...
World leaders react to the death of Pope Francis
Pope Francis greets people as he attends the weekly general audience in St. Peter's square at the Vatican, March 8, 2023. Guglielmo Mangiapane | ReutersTributes and condolences poured in from around the world following news of the death of Pope Francis, who passed...
India close to finalising comprehensive bilateral trade deal with US, ET BFSI
Mumbai, India is close to finalising a comprehensive Bilateral Trade Agreement (BTA) with the US, which is expected to facilitate zero-duty imports under the production-linked incentive (PLI) schemes and enhance bilateral trade, targeted to reach $500 billion by 2030,...
How much gold does the RBI hold?, BFSI News, ET BFSI
How much gold does the RBI hold?ve ImageThe Reserve Bank of India (RBI), has significantly increased its gold holdings in the past year, emerging as one of the world’s most aggressive buyers of the precious metal. According to data from the World Gold Council (WGC),...
Building inclusive credit systems for the unbanked, ET BFSI
“Universal and affordable access to formal banking services is essential for achieving financial inclusion and empowerment. It integrates the poor into the economic mainstream and plays a crucial role in the development of marginalised communities”: Finance Minister...
India’s growth potential will uplift global trade, recognises IMF and World Bank: Nirmala Sitharaman, ET BFSI
San Francisco (California) [US], April 21 (ANI): Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, highlighted that global financial institutions like the IMF and the World Bank have recognised India's strong growth potential and its important role...
Vance arrives in India, to hold talks with Modi under US tariffs shadow
U.S. Vice President JD Vance arrives on April 21, 2025 in New Delhi, India. Vance will hold talks with Prime Minister Narendra Modi as India attempts to boosts ties with the Trump administration and avoid steep U.S. tariffs. Kenny Holston-Pool | Getty ImagesU.S. Vice...
Draft Trump order would make sweeping State Department changes
(L-R) US President Donald Trump, Vice President JD Vance and Secretary of State Marco Rubio (R) look on during a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office of the White House in Washington, DC, on April 7, 2025. Saul Loeb | Afp | Getty...
Trump ‘flouting the courts’ in Abrego Garcia case
U.S. Senator Chris Van Hollen (D-MD) speaks to the media during a visit to El Salvador to advocate for the release of Kilmar Abrego Garcia in San Salvador, El Salvador, April 16, 2025. Jose Cabezas | ReutersMaryland Sen. Chris Van Hollen said Sunday that his trip to...
Vance to visit India for bilateral talks on trade and economic ties
U.S. Vice President JD Vance shakes hands with Indian Prime Minister Narendra Modi during a bilateral meeting, at the residence of the U.S. Ambassador in Paris, France, Feb. 11, 2025.Leah Millis | ReutersU.S. Vice President JD Vance will embark on a four-day visit to...
Anti-Trump protesters turn out to New York, cities nationwide
SENSITIVE MATERIAL. THIS IMAGE MAY OFFEND OR DISTURB People attend the "Protect Migrants, Protect the Planet" protest in New York City on April 19, 2025.Caitlin Ochs | ReutersOpponents of President Donald Trump's administration took to the streets of communities large...
White House says Harvard letter was ‘unauthorized’: NYT
The White House letter sent to Harvard University outlining a list of demands about the university's hiring and admissions was sent without authorization, according to the New York Times, citing two unnamed people familiar with the matter.The April 11 letter, which...
Trump to reclassify many federal workers, making them easier to fire
U.S. President Donald Trump looks on on the day he signs executive orders in the Oval Office at the White House in Washington, D.C., U.S., April 17, 2025. Evelyn Hockstein | ReutersU.S. President Donald Trump said on Friday his administration is set to change the...
Iran, U.S. to hold talks in Rome in bid to reach nuclear deal
A newspaper featuring the headline story on indirect negotiations between Iran and the United States in Muscat, Oman, is displayed at a newsstand in Tehran, Iran, on April 12, 2025. Fatemeh Bahrami | Anadolu | Getty ImagesIran and the United States will hold a new...
US Supreme Court temporarily halts deportations of Venezuelan migrants
Salvadoran prison guards escort alleged members of the Venezuelan gang Tren de Aragua and the MS-13 gang recently deported by the U.S. government to be imprisoned in the Terrorism Confinement Center (CECOT) prison, as part of an agreement with the Salvadoran...
U.S. judge temporarily blocks mass firings at consumer bureau
The US Consumer Financial Protection Bureau (CFPB) headquarters in Washington, DC, US, on Sunday, Feb. 2, 2025. Bloomberg | Bloomberg | Getty ImagesA federal judge on Friday halted the mass firings carried out Thursday afternoon at the U.S. Consumer Financial...
Trump will study whether to fire Fed Chair Powell, adviser says
President Donald Trump, right, speaks as Jerome Powell, Trump's nominee as chairman of the Federal Reserve, listens during a nomination announcement in the Rose Garden of the White House in Washington, D.C., Nov. 2, 2017.Olivier Douliery | Bloomberg | Getty...
U.S. proposes lighter sanctions on Russia as part of peace plan with Ukraine: Bloomberg
Ukrainian servicemen operate a tank on a road near the border with Russia, in the Sumy region of Ukraine, on August 14, 2024. The Ukrainian army entered Russia's Kursk region on August 6, capturing dozens of settlements in the biggest offensive by a foreign army on...
RBI to purchase gilts worth Rs 20k crore next week, BFSI News, ET BFSI
MUMBAI : The RBI on Thursday announced that it will buy govt securities worth Rs 20,000 crore on April 22 through open market operations. This will ensure adequate liquidity in the system and ensure interest rates don’t shoot up. Earlier in the day, the central bank...
Trump talked to Warsh about firing Powell for Fed, report says
Kevin Warsh, former governor of the US Federal Reserve, during The Semafor World Economy Summit in Washington, DC, US, on Thursday, April 18, 2024. Samuel Corum | Bloomberg | Getty ImagesPresident Donald Trump has spoken with former Federal Reserve Governor Kevin...
RBI imposes penalty on Kotak Mahindra Bank, IDFC First Bank, PNB, ET BFSI
The RBI on Thursday said it has imposed penalties on Kotak Mahindra Bank, IDFC First Bank, and Punjab National Bank for certain deficiencies in regulatory compliance. The Reserve Bank of India (RBI), in a statement said a penalty of Rs 61.4 lakh has been imposed on...
Trump threatens Harvard ability to enroll foreign students
U.S. President Donald Trump hosts Italian Prime Minister Giorgia Meloni and her visiting officials in the Cabinet Room at the White House on April 17, 2025 in Washington, DC. Win Mcnamee | Getty ImagesThe Trump administration is threatening to revoke Harvard...
Musk’s SpaceX is frontrunner to build Trump’s missile shield: Reuters
FILE PHOTO: Elon Musk gives a tour to U.S. President-elect Donald Trump and lawmakers of the control room before the launch of the sixth test flight of the SpaceX Starship rocket, in Brownsville, Texas, U.S., November 19, 2024 .Brandon Bell | Via ReutersElon Musk's...
Markets will ‘crash’ if Trump can fire Fed’s Powell, Elizabeth Warren warns
Sen. Elizabeth Warren, D-Mass., warned Thursday that U.S. markets will "crash" if Federal Reserve Chairman Jerome Powell can be fired by President Donald Trump.The comment from Warren, a frequent Powell critic, on CNBC's "Squawk on the Street" came hours after Trump...
FIU-IND, RBI sign MoU to strengthen anti-money laundering framework, ET BFSI
The Reserve Bank of India (RBI) and the Financial Intelligence Unit-India (FIU-IND) on Thursday signed a Memorandum of Understanding (MoU) in New Delhi to enhance coordination and facilitate seamless exchange of information in the fight against money laundering and...
SEBI chief urges corporates to raise the bar on governance, ET BFSI
Mumbai, SEBI Chairman Tuhin Kanta Pandey on Thursday said corporates must ensure high governance standards as any failure can trigger ripple effects across the market economy.Addressing the CII Corporate Governance Summit here, the market regulator chief said that...
Trump tariffs inviting corruption, Dems tell Bessent, Lutnick
Sen. Elizabeth Warren, D-Mass., conducts a news conference in the U.S. Capitol to voice opposition to the Senate Republicans' budget resolution on Thursday, April 3, 2025.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesDozens of Democratic lawmakers are warning that...
RBI’s proposed blended interest rates in co-lending to benefit borrowers: ICRA, ET BFSI
New Delhi [India], April 17 (ANI): Rating agency ICRA believes domestic borrowers will benefit from the RBI's proposed introduction of 'blended interest rates' in co-lending loans.On April 9, RBI has shared a draft framework to specify the regulatory norms and...
RBI signals confidence in banking sector, holds off activating countercyclical capital buffer, ET BFSI
The Reserve Bank of India (RBI) stated that it will not activate the Countercyclical Capital Buffer (CCyB) at this time, citing current economic conditions that do not necessitate such a measure.The CCyB framework, established in February 2015, is designed to ensure...
RBI expands NBFC audit ambit to cover their service providers, ET BFSI
Mumbai: The banking regulator has widened the scope of its audits for non-banking financial companies that collaborate with multiple fintech firms acting as loan service providers (LSPs), multiple sources aware of the matter told ET.As part of this enhanced inspection...
Trump fires Democratic board members of credit union watchdog
Todd Harper, chairman of the National Credit Union Administration (NCUA), during a House Financial Services Committee hearing in Washington, DC, on Tuesday, May 16, 2023.Nathan Howard | Bloomberg | Getty ImagesThe White House has fired two Democratic board members of...
Probable cause for Trump admin contempt in deportation case
A federal judge found probable cause to hold the Trump administration in criminal contempt for ignoring his order barring the deportation of alleged Venezuelan gang members to a notorious El Salvador prison."The Court ultimately determines that the Government's...
California suing Trump to stop tariffs
US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los Angeles International Airport in Los Angeles, California, on Jan. 24, 2025, to visit the region devastated by the Palisades and Eaton...
The European Union braces for more U.S. tariffs despite talks
In this photo illustration, a double exposure images shows U.S. President Donald Trump against the EU flag.Sopa Images | Lightrocket | Getty ImagesThe European Union is preparing for more tariffs from the United States, despite conversations with the U.S. President...
In a fog of uncertainty, Fed policy storm could be approaching, ET BFSI
By Ann Saphir and Howard SchneiderWASHINGTON, - U.S. Federal Reserve officials, in agreement that President Donald Trump's tariffs have unmoored their sense of the economy's direction, may face an intense internal debate about the right monetary policy response,...
RBI’s new collateral rule may impact gold loan accessibility, limits use of gold ETFs and MFs, ET BFSI
The Reserve Bank of India's (RBI) new draft framework for gold loans that introduces stricter collateral rules could undermine the flexibility and financial innovation needed to expand access to gold-backed credit.The proposed guidelines, which apply to all lending...
Not activating countercyclical capital buffer, says RBI, BFSI News, ET BFSI
The Reserve Bank on Tuesday said it has decided against activating countercyclical capital buffer (CCyB) as it is not needed in the present circumstances. The framework on CCyB was put in place by the Reserve Bank of India (RBI) in terms of guidelines in February...
Many IRS workers interested in resignation offer
A traffic light is red outside the U.S. Internal Revenue Service building in Washington, D.C., on Feb. 20, 2025.Kent Nishimura | ReutersAbout 20,000 Internal Revenue Service employees have expressed interest in accepting the Trump administration's latest deferred...
Co-op banks, NBFCs hit the most as penalties touch Rs 56.32 crore in 2024, ET BFSI
India’s financial regulators tightened the compliance screws in 2024, imposing a total of Rs 56.32 crore in monetary penalties across 304 instances, with co-operative banks and NBFCs drawing the most flak, according to a report by corporate law firm AK and Partners...
Judge orders Trump officials to testify about efforts to return wrongly deported man
A U.S. judge on Tuesday demanded U.S. officials provide documents and answer questions under oath about what it had done to secure the return of a man wrongly deported to El Salvador, ramping up an inquiry into whether the Trump administration defied a court...
Ladki Bahin scheme to continue, no question of scrapping it: Ajit Pawar, ET BFSI
Mumbai, Maharashtra Deputy Chief Minister Ajit Pawar has said the government's flagship Ladki Bahin scheme to provide financial assistance to women will continue and that there is no question of scrapping it. Under the Mukhyamantri Majhi Ladki Bahin Yojana, which is...
Rep. Ocasio-Cortez fundraising soars as she blasts Trump
Rep. Alexandria Ocasio-Cortez (D-NY) speaks during a stop on the ‘Fighting Oligarchy’ tour with U.S. Sen. Bernie Sanders (I-VT) at Grand Park on April 12, 2025 in Los Angeles, California. Mario Tama | Getty ImagesRep. Alexandria Ocasio-Cortez raised $9.6 million...
Trump eyes deporting U.S. citizens to foreign prisons
WASHINGTON, DC - APRIL 14: US President Donald Trump, during a meeting with Nayib Bukele, El Salvador's president, in the Oval Office of the White House in Washington, DC, US, on Monday, April 14, 2025. Al Drago | The Washington Post | Getty ImagesPresident Donald...
Trump shredding credibility with allies as China benefits: John Bolton
U.S. President Donald Trump's moves to take China to task on trade are likely to backfire as his sweeping global tariffs hit allies as well as rivals, according to former national security advisor John Bolton."This is certainly not the way you treat your friends. You...
RBI’s draft gold loan norms may tighten access for borrowers, slow sector growth, ET BFSI
The Reserve Bank of India’s (RBI) proposed guidelines for lending against gold are expected to curb growth among non-banking financial companies (NBFCs) and make it harder for some borrowers to access credit. While the central bank says the draft is aimed at...
DOJ charges in Tesla, GOP arson in New Mexico
Republican Party headquarters is damaged in a fire in Albuquerque, New Mexico, U.S., in this handout image released on March 30, 2025.New Mexico GOP | Via ReutersFederal authorities arrested a New Mexico man in connection with arson attacks on a Tesla showroom and the...
India moves to deepen junk debt market by allowing bad loan securitisation, ET BFSI
By Siddhi Nayak and Khushi MalhotraMUMBAI - The Indian central bank's plan to allow lenders to bundle bad loans into tradable securities will draw foreign portfolio investors (FPIs) and private credit funds, helping deepen the country's junk debt market, analysts and...
Govt to provide major part of ₹10000 crore startup fund to sectors like new age tech, AI, ET BFSI
As per the government's eligibility conditions, entities are recognised as 'startups' under the Startup India initiative by the department.NEW DELHI: The Union Ministry of Commerce and Industry will allocate a major part of the second ₹10,000 crore Fund of Funds...
Singapore dissolves parliament ahead of general election
Singapore, city skyline and The Merlion, duskWalter Bibikow | Stone | Getty ImagesSingapore President Tharman Shanmugaratnam on Tuesday dissolved the city-state's parliament, paving the way for a general election, on the advice of Prime Minister Lawrence Wong. A...
U.S. businesses sue to block Trump tariffs
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025.Nathan Howard | ReutersA group of five small businesses on Monday sued President Donald Trump, seeking to block new tariffs that he has imposed on...
Harvard University rejects Trump demand on DEI, imperils funding
A person runs past Dunster House at Harvard University on March 17, 2025 in Cambridge, Massachusetts. Scott Eisen | Getty ImagesHarvard University on Monday rejected demands by the Trump administration to eliminate its DEI programs and screening international students...
El Salvador President Bukele won’t return Abrego Garcia
U.S. President Donald Trump meets with El Salvador President Nayib Bukele in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | ReutersEl Salvador President Nayib Bukele said Monday that he would not return Kilmar Abrego...
Trump tariff deals coming, not recession: Hassett
White House Council of Economic Advisers Chairman Kevin Hassett speaks with reporters outside the White House in Washington, DC, on March 7, 2025. Anna Moneymaker | Getty Images News | Getty ImagesNational Economic Council Director Kevin Hassett said Monday that "more...
Why Trump’s nuclear talks with Iran could be far more successful than Biden’s
This combination of pictures created on April 09, 2025 shows US Middle East envoy Steve Witkoff after a meeting with Russian officials at Diriyah Palace, in Riyadh, Saudi Arabia, on February 18, 2025 (L); and Iran's Foreign Minister Abbas Araghchi speaking to AFP...
Rs 33 lakh crore of collateral-free loans sanctioned, 68 pc beneficiaries women: Minister, ET BFSI
Nagpur, Union minister Pankaj Chaudhary on Monday said more than Rs 33 lakh crore of collateral-free loans have been given to 52 crore people under Mudra Yojana for starting businesses and 68 per cent of the beneficiaries are women. The Minister of State for Finance...
RBI’s draft gold loan norms to hit NBFCs more than banks, ET BFSI
The Reserve Bank of India's (RBI) draft guidelines on gold loans are expected to impact non-banking financial companies (NBFCs) more significantly than banks, with analysts anticipating a slowdown in disbursements and growth for gold loan-focused lenders in the near...
RBI’s FY25 dividend to centre expected to top Rs 2.5 lakh crore, ET BFSI
Mumbai: Surplus transfer for FY25 from the central bank to the government could easily top ₹2.5 lakh crore, economists and analysts said, dwarfing last year's mega dividend payout by nearly a fifth. This would exceed the Centre's budgeted estimates for FY26 with...
Govt to provide major part of Rs 10,000 cr startup fund to sectors like new age tech, AI, ET BFSI
New Delhi, The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) for startups to budding entrepreneurs in sectors such as new-age technology, artificial intelligence, and machine building, an official...
RBI’s FY25 dividend to centre expected to top Rs 2.5 lakh crore, ET BFSI
Mumbai: Surplus transfer for FY25 from the central bank to the government could easily top ₹2.5 lakh crore, economists and analysts said, dwarfing last year's mega dividend payout by nearly a fifth. This would exceed the Centre's budgeted estimates for FY26 with...
Trump, top aides fuel tariff confusion by questioning reciprocal exemptions
U.S. President Donald TrumpNathan Howard | ReutersPresident Donald Trump and his top trade officials on Sunday added to the confusion over his administration's tariff plans, including newly announced exemptions for reciprocal tariffs on electronic products such as...
China urges Trump to heed ‘rational voices’ on reciprocal tariffs
China's Commerce Ministry called the U.S. tariff exemptions a "small step" and urged U.S. President Donald Trump to "completely abolish" the reciprocal tariffs, which include a 145% duty on imports from China."We urge the U.S. to heed the rational voices of the...
Russia and Ukraine accuse each other of failing to pause strikes
ANTALYA, TURKIYE- APRIL 12: Russian Foreign Minister Sergey Lavrov speaks on the second day of the diplomatic forum on April 12, 2025 in Antalya, Türkiye. The Antalya Diplomacy Forum 2025 (ADF), organized for the fourth time in Antalya under the auspices of President...
U.S. won’t say whether it’s facilitating return of mistakenly deported man, despite judge’s order
U.S. military personnel escort alleged members of the Venezuelan gang Tren de Aragua and the MS-13 gang recently deported by the U.S. government to be imprisoned in the Terrorism Confinement Center (CECOT) prison, as part of an agreement with the Salvadoran...
Iran and U.S. envoys hold 1st negotiation over Tehran’s nuclear program, and talk face-to-face
Iran and the United States will hold more negotiations next week over Tehran's rapidly advancing nuclear program, Iranian state television reported Saturday at the end of the first round of talks between the two countries since President Donald Trump returned to the...
Trump exempts phones, computers, chips from new tariffs
Smartphones and computers will be exempted from President Donald Trump's reciprocal tariffs, according to new guidance from U.S. Customs and Border Protection.The guidance comes after Trump earlier this month imposed 125% tariffs on products from China, a move that...
Luigi Mangione asks judge to block death penalty in CEO murder case
Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., Feb. 21, 2025.Steven Hirsch | Via ReutersLawyer for Luigi...
RBI proposes new route for offloading bad loans, BFSI News, ET BFSI
MUMBAI: RBI has proposed a new route for banks and NBFCs to offload bad loans, allowing them to bundle and sell stressed assets directly to investors through special purpose entities set up by regulated financial firms. Until now, only asset reconstruction companies...
DOJ fires longtime spokesman who worked on Trump investigations
FILE PHOTO: Former Special Counsel Robert Mueller stands before the House Judiciary Committee as he prepares to testify at a hearing on the Office of Special Counsel's investigation into Russian Interference in the 2016 Presidential Election" on Capitol Hill in...
5 law firms commit $600 million in pro bono legal work
U.S. President Donald Trump attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | ReutersPresident Donald Trump on Friday said five more law firms have struck agreements with his administration that involve them...
DOJ blows judge’s deadline for revealing plan to return Abrego Garcia from El Salvador prison
U.S. Attorney General Pam Bondi looks on during her first press conference at the Justice Department in Washington, D.C., U.S., Feb. 12, 2025. Craig Hudson | ReutersThe Department of Justice missed a Friday morning deadline set by a federal judge in Maryland to inform...
Democrats ask SEC to probe stock market manipulation
Sen. Adam Schiff, D-Calif., questions Brooke Rollins, President Donald Trump's nominee to be Agriculture secretary, during her Senate Agriculture, Nutrition and Forestry Committee confirmation hearing in Dirksen building on Thursday, January 23, 2025. Tom Williams |...
Trade advisor Peter Navarro hypes stock market after plunge
Senior trade adviser Peter Navarro attends an interview with CNN, at the White House, in Washington, D.C., U.S., April 10, 2025. Evelyn Hockstein | ReutersPresident Donald Trump's trade advisor Peter Navarro on Friday encouraged Americans to buy stocks one day after...
Lenders to be allowed to bundle and sell bad loans to investors, ET BFSI
Mumbai: RBI has proposed a new route for banks and NBFCs to offload bad loans, allowing them to bundle and sell stressed assets directly to investors. Until now, only asset reconstruction companies handled such assets. The move, announced with the Apr monetary policy,...
Austria flags US tariffs, urges strengthening cooperation between partners, ET BFSI
London, Apr 11 (PTI) Vienna cited the "strain" caused by the new US tariffs and urged strengthening economic cooperation with partner countries, as Finance Minister Nirmala Sitharaman met her Austrian counterpart during her Europe trip. The Austrian Federal Ministry...
Why Trump’s tariffs won’t push China and Europe closer
The flags of the European Union (L) and China stand side by side at the Chancellery on June 20, 2023 in Berlin, Germany.Sean Gallup | Getty Images News | Getty ImagesChina and the European Union are unlikely to become close allies quickly, analysts say, even as U.S....
Growth risks to nudge India central bank towards deeper rate cuts, economists say, ET BFSI
By Dharamraj DhutiaMUMBAI, - The Reserve Bank of India's rate-cutting cycle could be deeper than expected as downside risks to growth and a benign inflation outlook could prompt the central bank to be more accommodative, economists said.Growth in Asia's third-largest...
India’s bond market holding strong thanks to RBI’s clear rate trajectory: B Prasanna, ET BFSI
"There are times when strong equity means strong inflows and strong inflows means bond flow. It is also good for bonds and so bond yields can fall," says B Prasanna, ICICI Bank.One side markets are worried about slowdown and what I have learnt over the years from...
Supreme Court upholds order on Kilmar Abrego Garcia
Jennifer, center, whose husband Kilmar Abrego Garcia was deported by ICE, is hugged by a staff member of CASA, at the CASA Multicultural Center during a press conference ahead of Garcia's hearing.The Washington Post | Getty ImagesThe Supreme Court on Thursday upheld a...
RBI proposes credit boost for infra bonds to ease bank loans and improve ratings, ET BFSI
The central bank's draft guidelines on Wednesday sought to incentivise more bond issues for long-gestation infrastructure projects and boost their ratings, allowing the proceeds of money raised from credit enhanced bonds to pay off bank loans.'Infrastructure companies...
Deposit rate cuts unlikely soon despite RBI’s rate cut, BFSI News, ET BFSI
Deposit rate cuts unlikely soon despite RBI’s rate cutDespite a cumulative 50 basis point reduction in the policy rate by the Reserve Bank of India (RBI) since February, banks are unlikely to lower deposit rates immediately due to persistent deposit tightness and...
Trump announces 90-day ‘pause’ on reciprocal tariffs for all but China, raises tariff on China to 125%, ET BFSI
In a major development, US President Donald Trump announced on April 9 a 90-day 'pause' on reciprocal tariffs for all but China. Trump's sudden announcement pulled the world back just in time from the brink of an all-out, full-on trade war, and financial markets from...
India eyes quick trade deal with US, ET BFSI
India is eager to expedite a trade agreement with the United States following US President Donald Trump's unexpected decision to temporarily pause the implementation of reciprocal tariffs on many countries whilst increasing duties on China.Trump announced an increase...
NaBFID signs MoU with New Development Bank to accelerate financing infra projects, ET BFSI
New Delhi, The National Bank for Financing Infrastructure and Development (NaBFID) on Thursday said it has signed a Memorandum of Understanding (MoU) with the New Development Bank (NDB) creating a deep and sustainable infrastructure financing market and developing a...
World breathes sigh of relief after U.S. tariff reprieve; China’s duties kick in
Tariff suspension 'the first right step,' Polish finance minister saysAndrzej Domanski, Poland's finance minster, during a news conference at the Economic and Financial Affairs Council (ECOFIN) meeting at the European Council headquarters in Brussels, Belgium, on...
RBI’s policy stance turning accommodative shows signs of easing: SBI Report, ET BFSI
The Reserve Bank of India (RBI) has taken a more accommodative stance in its monetary policy, as inflation expectations have shown signs of easing. According to a recent report by the State Bank of India (SBI), the central bank's decisions are not only influenced by...
FM Sitharaman, BFSI News, ET BFSI
LONDON/ DELHI: Finance minister Nirmala Sitharaman said on Wednesday that the govt is focusing on ensuring that domestic demand stayed strong to maintain the underlying strength of the Indian economy. Her comments come amid fears that US tariffs would cause global...
Trump must negotiate trade with China
Ray Dalio, billionaire and founder of Bridgewater Associates, speaks to members of the media while departing a meeting with House Budget Committee Republicans on Capitol Hill in Washington, D.C., on March 25, 2025.Daniel Heuer | Bloomberg | Getty ImagesBridgewater...
Trump announces 90-day tariff pause for at least some countries
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC.Chip Somodevilla | Getty Images News | Getty ImagesPresident Donald Trump on Wednesday announced a 90-day pause on...
DOJ ends crypto enforcement team, shifts focus to terrorism and fraud
Department of Justice Headquarters in Washington, D.C. on April 18, 2022.Kent Nishimura | Los Angeles Times | Getty ImagesThe U.S. Justice Department abruptly shut down its National Cryptocurrency Enforcement Team, signaling a major shift in how the federal government...
Trump White House can’t ban AP from Oval Office, judge rules
A federal judge ruled Tuesday that the White House cannot bar Associated Press reporters and photographers from the Oval Office, Air Force One and other tightly controlled spaces where a handful of other media outlets are admitted to cover President Donald...
Trump reciprocal tariffs take effect on imports from around the world
President Donald Trump speaks on the day he signs energy-related executive orders, at the White House in Washington, April 8, 2025.Nathan Howard | ReutersA new round of steep tariffs imposed by President Donald Trump took effect early Wednesday morning on products...
RBI shifts to growth-supportive mode with dovish rate cut; Economists predict more easing ahead, ET BFSI
) cut the repo rate by 25 basis points (bps) to 6.25 per cent on Wednesday, aligning with market expectations, while pivoting to an “accommodative” stance amid rising global headwinds and domestic growth-inflation dynamics. Economists widely interpreted the move as a...
German centrist parties reach coalition deal
Coalition negotiations between the CDU/CSU and SPD.Michael Kappeler | Picture Alliance | Getty ImagesGermany's centrist parties on Wednesday finalized a coalition agreement, paving the way for the Christian Democratic Union, Christian Social Union and Social...
European Union approves first set of retaliatory tariffs on U.S. imports
European flags fly in front of the Berlaymont building.Omar Havana | Getty Images News | Getty ImagesThe European Union on Wednesday voted to approve its first set of retaliatory measures to counter tariffs imposed by the U.S. on steel and aluminum.The European...
Trump tariff turmoil puts pressure on Reserve Bank of India to act, ET BFSI
India’s central bank is expected to cut interest rates on Wednesday around the same time US import tariffs take effect, with investors primed for more market turmoil and the possibility Governor Sanjay Malhotra will take stronger steps to bolster the economy against a...
China retaliates, Dimon predicts recession
Sen. Warren: Tariffs are causing 'economic chaos' Sen. Elizabeth Warren moved to force a vote on a resolution to repeal Trump's tariffs by canceling the emergency declaration used to justify them."By putting across-the-board tariffs with virtually every nation, on...
Sanjay Malhotra announces 25 bps rate cut to 6%, ET BFSI
Reserve Bank of India (RBI) Governor Sanjay Malhotra The Reserve Bank of India (RBI) Governor Sanjay Malhotra presented the first monetary policy for the financial year 2025-26 announcing an unanimously rate cut by 25 bps to 6%.The Governor also announced that the MPC...
IRS chief quits after immigration data-sharing deal
The acting head of the Internal Revenue Service plans to resign, the Treasury Department said on Tuesday, a move that comes after the agency struck a controversial deal to share tax data on undocumented immigrants with federal agents.Commissioner Melanie Krause will...
RBI sees inflation for FY26 at 4% on back of soft food, fuel prices, ET BFSI
RBI sees inflation for FY26 at 4% on back of soft food, fuel pricesThe Reserve Bank of India (RBI) has exuded confidence that retail inflation will align with the target of 4 per cent over the enxt 12 months period on the back of soft food and fuel prices."The outlook...
Top highlights from Governor Malhotra’s Policy briefing, ET BFSI
The Reserve Bank of India, in its first monetary policy review for FY26, delivered a much-anticipated rate cut, slashing the repo rate by 25 basis points to 6 per cent, the decision for which was unanimous. RBI Governor Sanjay Malhotra, delivering the Monetary Policy...
China to raise reciprocal tariffs on U.S. goods to 84%
The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People's Congress continued in Beijing on March 6, 2025.Greg Baker | Afp | Getty ImagesChina on Wednesday said it would increase its reciprocal tariffs...
India offers a compelling growth opportunity for foreign banks: FM Sitharaman, ET BFSI
New Delhi, India offers a compelling growth opportunity for foreign banks and the government is actively encouraging foreign investment in the banking sector, Union Finance Minister Nirmala Sitharaman has stressed.Addressing the India-UK Investor Roundtable discussion...
RBI to ramp up scrutiny of co-lending arrangements with generic regulatory framework, ET BFSI
RBI to ramp up scrutiny of co-lending arrangements with generic regulatory framework Highlighting the potential of the co-lending business practices, the Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced the expansion of the scope for...
