Federal officials and the National Guard briefly staged a heavily armed operation at MacArthur Park in Los Angeles, targeting immigrant communities. The operation, which lasted about an hour, was criticized by local officials and residents as a show of force that aimed to instill fear rather than enforce laws, amid escalating immigration crackdown efforts by the Trump administration. The abrupt end of the raid and its intimidating tactics sparked concern over its impact on the community and safety of residents, especially children.
WASHINGTON (AP) — When President Donald Trump last rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged.Only three months later, he’s betting this time is different.In his new round of tariffs being announced this week, Trump is essent...
Brazilian President Lula da Silva announced that Brazil will respond to the U.S. imposing a 50% tariff on its exports with reciprocal measures, citing its economic law. The U.S. tariffs, announced by President Trump, target Brazilian exports partly due to political developments and accusations of unfair trade practices. The situation has heightened tensions between the two countries amidst broader U.S. trade strategies involving multiple nations.
Torsten Sløk, chief economist at Apollo Global Management, laid out a potential scenario where President Donald Trump’s tariffs are extended long enough to ease economic uncertainty while also providing a significant bump to federal revenue. That comes as the 90-day pause on Trump’s “reci...
The United States launched a series of airstrikes targeting Iran’s main nuclear sites, marking a significant escalation in regional tensions. President Trump threatened further attacks if Iran does not make peace, amid warnings from Iran and international agencies against striking nuclear facilities. The strikes followed Israel’s recent attacks on Iran, and Iran has responded with missile and drone assaults. The incident raises concerns over regional stability, energy supplies, and possible further cyber and military retaliation, as world powers brace for potential wider conflict.
For more than half a century, the American right has preached the virtues of free markets and low taxes and deregulation. But a new wave of conservative thinkers are now arguing that Republicans have been wrong — or at the very least misguided — about the economy.This new economic thinking re...