Economy
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DoJ investigating four California universities over race in admissions

The Trump administration has opened investigations into the admissions policies at Stanford University and three campuses within the University of California system, including UC Berkeley, UCLA and UC Irvine, the Department of Justice said on Thursday. US attorney general Pam Bondi has directed the department’s civil rights division to investigate whether the schools’ policies comply…

Economy
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Canadian company in negotiations with Trump to mine seabed

A Canadian deep-sea mining firm has revealed it has been negotiating with the Trump administration to bypass a UN treaty and potentially gain authorisation from the US to mine in international waters. The revelation has stunned environmentalists, who condemned the move as “reckless” and a “slap in the face for multilateralism”. It comes at a…

Economy
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Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase, the Commerce Department reported Friday. The core personal consumption expenditures price index showed a 0.4% increase for the month, the biggest monthly gain since January 2024, putting the 12-month inflation rate at 2.8%. Economists surveyed…

Economy
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Papers strewn on Newcastle street feared to be sensitive army documents

The Ministry of Defence has said it is investigating after piles of papers with potentially confidential UK military information were found scattered along a street in Newcastle. The documents reportedly included army soldier ranks, emails, shift patterns and weapon-issue details. Other papers contained information that appeared to relate to an armoury and an intruder-detection system.…