Author: News Room
The United States Postal Service made an about-turn on Wednesday and said it would continue to accept packages from mainland China and Hong Kong, reversing a decision to temporarily halt those deliveries after an order by President Trump that ended duty-free handling of many smaller parcels.The Postal Service’s halt and reversal just hours later show how crucial parts of global delivery systems are grappling with sudden changes in U.S. trade policy, sowing confusion among businesses and potentially delaying shipments.On Saturday, Mr. Trump ordered that all Chinese imports would be subject to tariffs starting Tuesday. Until the change, parcels worth up…
20 1 Donald Trump is proposing, that he would induce 2 inflation, increase inflation, and bring about a 3 recession by the middle of next year. 4 MR. BILL WHITAKER: But – 5 VICE PRESIDENT KAMALA HARRIS: My plan, 6 Bill, if you don’t mind, my plan is about saying 7 that when you invest in small businesses, you 8 9 10 11 invest in the middle class, and you strengthen America’s economy. Small businesses are part of the backbone of America’s economy MR. BILL WHITAKER: But pardon me, 12 Madam Vice President, the question was how are …
The Federal Communications Commission on Wednesday released the transcript of a “60 Minutes” interview with Vice President Kamala Harris that has been at the center of a lawsuit between CBS and President Trump.The transcript of the interview shows that Ms. Harris gave a lengthy answer to a question about Benjamin Netanyahu, Israel’s prime minister. About 21 seconds of that answer was aired in a preview of the interview on “Face the Nation.” A different seven-second part of the answer aired the next day in an episode of “60 Minutes.”After the interview aired, Mr. Trump sued CBS in Texas, claiming that…
Dairy cows in Nevada have been infected with a new form of bird flu that is distinct from the version that has been spreading through herds over the last year, the U.S. Department of Agriculture announced on Wednesday.The finding indicates that the virus, known as H5N1, has spilled from birds into cows at least twice — leading to these two sets of infections — and that it could continue to do so. It also suggests that the virus may pose a persistent risk to cows and to the people who work closely with them.Before last year, scientists did not know…
As President Trump pushes a new plan to take control of Gaza and clear out an area that once was home to an estimated two million residents, he is advocating bringing the United States much more deeply into a region where his family has a growing collection of real-estate and business interests.There is no part of the world as crucial to the growth of various Trump family business ventures as the Middle East, including Saudi Arabia, Qatar, United Arab Emirates and Israel, when the full portfolio of Mr. Trump as well as Jared Kushner, his son-in-law, are included. Here is…
President Trump’s first weeks back in the White House have included government groups scrambling to figure out their funding and Wall Street investors getting whipsawed by trade wars that seemed to begin and then end in an instant.But through it all, the mood among those in right-wing media has been nothing short of ebullient.“I don’t have enough time for all the winning,” Dan Bongino, a longtime Trump supporter and popular right-wing podcaster, said on his show on Tuesday. “It’s a good problem to have.”A chorus of right-wing influencers and media figures has spent Mr. Trump’s first two weeks in office…
President Trump’s executive orders on Saturday imposing broad tariffs on the country’s three largest trading partners also scrapped a shipping workaround for low-cost products, a move that is poised to alter how many online purchases are taxed.The provision, known as the de minimis exception, has been used by many e-commerce companies to send goods to the United States from China without having to pay taxes on them. Mr. Trump’s decision to revoke the loophole set off confusion and chaos within the U.S. Postal Service, which initially said it would no longer accept packages from China and Hong Kong, before reversing…
The first weeks of President Trump’s second term have been dominated by a blizzard of executive orders aimed at reversing diversity policies, trade wars with major American trading partners and intrigue over the most important federal office that most Americans have never heard of in the Bureau of the Fiscal Service.Tucked within the Treasury Department, the bureau is staffed by career civil servants who operate a system that channels about 90 percent of the payments for the United States government, which spent about $6.75 trillion last fiscal year.Sometimes referred to as the nation’s checkbook, the bureau has a trove of…
President Trump persuaded several Fox News hosts to leave the network and take up major roles in his administration.Now a Trump is joining the network.Lara Trump, Mr. Trump’s daughter-in-law and a former co-chair of the Republican Party, will begin hosting a new weekend show on Fox News on Feb. 22, the network is set to announce on Wednesday. The president and his children are frequent guests on Fox News. But there is no precedent for the close relative of a sitting president to host a high-profile show on a major television news channel.“My View with Lara Trump,” expected to air…
Novo Nordisk, the Danish pharmaceutical company behind Ozempic and Wegovy, capped off a somewhat turbulent 2024, reporting profit and revenue on Wednesday that comfortably beat Wall Street expectations. But the drugmaker said it expected sales growth to slow in 2025, as competition increases.Novo Nordisk retains its title as Europe’s most valuable company, but its share price has dropped about 40 percent since it peaked last June as analysts worried about uncertainty in demand for obesity drugs and the performance of new drugs in trials.“Last year was a tale of two halves,” said Emily Field, an analyst at Barclays. The first…