Wall Street suffered its worst week since the onset of the Covid-19 crisis five years ago as investors worldwide balked at Donald Trump’s risky bid to overhaul the global economy with sweeping US tariffs. The US president doubled down on his plan on Friday, insisting he would not back down even as the chairman of…
A federal judge on Friday afternoon ordered the US to return a Maryland man mistakenly deported to an El Salvador prison. The wife of the man, who was flown to a notorious Salvadoran prison had earlier joined dozens of supporters at a rally before a court hearing on Friday, where his lawyers had asked the…
Donald Trump said he will sign an executive order to extend the TikTok ban deadline. This is the second time the president will have delayed the ban or sale of the social media app, and will punt the deadline to 75 days from now. The TikTok deal “requires more work to ensure all necessary approvals…
Donald Trump on Friday afternoon extended by 75 days a deadline for the Chinese technology company ByteDance to sell US assets of the popular short-video app TikTok to a non-Chinese buyer or face a ban that was supposed to take effect in January under a 2024 law. “The deal requires more work to ensure all…
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Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media video that defends his recent policy…
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When Donald Trump stood before union auto workers in the Rose Garden he declared “Liberation Day”, promising to stand up for Main Street. Whether that pledge will be fulfilled is moot. He will declare victory either way. What the US president offered was not just an economic programme, but an imperial one. Mr Trump’s logic,…
The Whitehaven coalmine’s planning application has been withdrawn, bringing an end to a process that could have created the UK’s first deep coalmine in 30 years in Cumbria. Planning permission for the mine was quashed in the high court last year which meant the Ministry of Housing, Communities and Local Government had to reassess the…
[The stream is slated to start at 11:25 p.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell speaks Friday to the Society for Advancing Business Editing and Writing conference in Arlington, Virginia. The central bank leader’s appearance, including prepared remarks and a…
