Donald Trump has suggested a possible oil and gas deal for Alaska with China, following his meeting with Xi Jinping. The U.S. President wrote on Truth Social: “A very large scale transaction may take place concerning the purchase of Oil and Gas from the Great State of Alaska.” This is a breaking news story. Updates…
The United States will share nuclear-powered submarine technology with South Korea, President Donald Trump said Thursday, announcing the move on social media after meeting with South Korean President Lee Jae Myung. Lee told Trump during their Wednesday meeting that Seoul’s goal was to modernize its alliance with Washington, noting plans to boost defense spending to…
US Federal Reserve Chair Jerome Powell speaks during a press conference at the end of a Monetary Policy Committee meeting in Washington, DC, on Oct. 29, 2025. Jim Watson | AFP | Getty Images The Federal Reserve on Wednesday approved its second straight interest rate cut, though Chair Jerome Powell rattled markets when he threw…
Mayor Bill de Blasio has been an outspoken supporter of the Democratic candidate for New York mayor, Zohran Mamdani. Photograph: Shahar Azran/Getty Images The British newspaper the Times has apologized and deleted an article after discovering its reporter had been duped by someone pretending to be Bill de Blasio, the former mayor of New York…
U.S. President Donald Trump shrugged off Russia’s test of its nuclear-capable Burevestnik missile, which the Kremlin said had flown for more than 8,000 miles, and said Russian President Vladimir Putin should be focused on ending his war in Ukraine instead. On Sunday, Putin hailed the country’s “unique” nuclear-powered Burevestnik missile after the military carried out…
President Donald Trump has ruled out running for vice president in the 2028 presidential election. “I’d be allowed to do that,” Trump told reporters aboard Air Force One early on Monday as he traveled to Japan. But he added: “I would rule that out because it’s too cute. I think the people wouldn’t like that….
Investors can’t stop watching the Federal Reserve this year as it continues slicing interest rates to stimulate the slowing economy. According to The Wall Street Journal, the latest rate cut pushed borrowing costs to their lowest point in nearly a decade, sparking both optimism and anxiety across Wall Street. Read More: 7 Tax Loopholes the…
President Donald Trump is likely to name his new $300 million White House ballroom after himself, senior administration officials told ABC News. Officials have already begun referring to the project as “The President Donald J. Trump Ballroom,” a name that “will likely stick,” according to ABC News. Trump has not publicly confirmed what he plans…
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that keeps the door wide open for another interest rate cut next week. The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate…
The European Union (EU) has approved its 19th sanctions package against Russia, including on its lucrative gas sector for the first time and its “shadow fleet”, to heap pressure on Moscow to end its war on Ukraine. The approval comes a day after the Trump administration imposed fresh sanctions on Russia’s two largest oil companies,…