Wildfires driven by climate change contribute to as many as thousands of annual deaths and billions of dollars in economic costs from wildfire smoke in the United States, according to a new study. The paper, published Friday in the journal Nature Communications Earth & Environment, found that from 2006 to 2020, climate change contributed to…
President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers. In fact, economists say, Trump’s ongoing attacks on Fed Chair Jerome Powell and his tariff policies could keep the longer-term interest rates that…
WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates…
NEW YORK (AP) — A former Taliban commander pleaded guilty Friday to providing weapons and other support for attacks that killed American soldiers and for key roles in the 2008 gunpoint kidnapping of a reporter for The New York Times and another journalist. Speaking through an interpreter, Haji Najibullah entered the plea in Manhattan federal…
DUBAI, United Arab Emirates (AP) — U.S. airstrikes targeting Yemen’s capital killed 12 people and wounded 30 others, the Houthi rebels said early Monday. The deaths mark the latest in America’s intensified campaign of strikes targeting the rebels. The U.S. military’s Central Command did not immediately acknowledge the strikes. The Houthis described the strike as…
WASHINGTON (AP) — President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. “I’m looking at something to help some of the car companies with it,” Trump told reporters gathered in the Oval Office….
NEW YORK (AP) — A Chinese American scholar convicted of spying on Chinese dissidents was spared prison time Monday by a U.S. judge. Shujun Wang was sentenced by U.S. Circuit Judge Denny Chin to time served and three years’ supervised release, according to attorneys. Wang has been free on bail since the day of his…
BANGKOK (AP) — Asian shares sank again on Wednesday as the latest set of U.S. tariffs, including a massive 104% levy on Chinese imports, was due to take effect. Japan’s Nikkei 225 index initially lost nearly 4% and markets elsewhere in the region also declined. On Tuesday, the S&P 500 dropped 1.6% after wiping out…
BANGKOK (AP) — Asian markets opened higher on Tuesday, with Japan’s Nikkei 225 share benchmark shooting up more than 6% after it fell nearly 8% a day earlier. The rebound followed a wild day on Wall Street as U.S. stocks careened after President Donald Trump threatened to crank his double-digit tariffs higher. Early Tuesday, China’s…
FORT LAUDERDALE, Fla. (AP) — Top administration officials said Sunday that more than 50 countries targeted by President Donald Trump’s new tariffs have reached out to begin negotiations over the sweeping import taxes that have sent financial markets reeling, raised fears of a recession and upended the global trading system. The higher rates are set…