What happened Tuesday is serious and big, but I start in a roundabout way. Throughout the 20th century it was the general way in American politics that when you made a lurch—1932 was a lurch left, from the presidency on down, 1980 a lurch right—you stuck with the lurch a while until you moved on,…
As the end of 2025 looms, one trend looks sure to follow investors into the new year: a widespread reluctance to go all-in on American assets. It started back in April, when U.S. President Donald Trump’s so-called “Liberation Day” drove markets into a frenzy that saw a sell off of American stocks, government bonds and…
Talks between the Chinese and South Korean leaders have renewed diplomatic momentum, but what happens next could hinge on how Seoul balances its relations with Washington, according to analysts. A lighthearted exchange before their state banquet drew media attention. After Xi presented Lee with a gift of two Chinese Xiaomi smartphones with South Korean-made displays,…
President Donald Trump said Thursday that Kazakhstan will join the Abraham Accords, the first nation of his second term to do so and a “major step toward peace,” he announced on Truth Social. Trump said he held a call with Israeli Prime Minister Benjamin Netanyahu and Kazakh President Kassym-Jomart Tokayev to discuss the agreement, which…
This year marks half a century of formal diplomatic relations between China and the European Union as well as the 25th anniversary of the founding of the European Union Chamber of Commerce in China. Here, Shi Jiangtao looks at how the relationship has been affected by Trump 2.0 and accompanying ups and downs of US-China…
By Stephen Nellis SAN FRANCISCO (Reuters) -A group of eight Republican U.S. senators in a letter on Thursday applauded President Donald Trump’s decision to continue denying China access to Nvidia‘s most advanced artificial intelligence chips. The letter comes a day after Nvidia CEO Jensen Huang told the Financial Times that China was likely to beat…
The hosts of MSNBC’s “Morning Joe” spotlighted a potentially pivotal Wednesday Supreme Court hearing that could have “significant economic consequences.” The hearing saw the court’s justices question U.S. Solicitor General D. John Sauer about the Trump administration’s use of a 1977 law to give the president the authority to impose tariffs unilaterally during declared national…
Bill Gates and Warren Buffett ushered in a new Gilded Era of philanthropic giving, likened in influence to the Rockefellers and Carnegies. But charity work is about to look very different as higher taxes are threatened on liberal institutions, and new methods of giving are popularized by women mega-donors. MacKenzie Scott has become a pioneer…
President Donald Trump has announced a landmark deal aiming to expand Medicare coverage to include certain weight-loss medications, a move that could dramatically change access to these treatments for millions of older Americans. On November 6, Trump revealed that his administration had struck agreements with Eli Lilly and Novo Nordisk, the makers of popular weight-loss…
The stock market got a boost on Wednesday after Supreme Court justices appeared skeptical about the legality of a portion of President Donald Trump’s tariffs. Certain names could get an even bigger boost if the government is forced to refund some of the tariff money, according to analysis by Wells Fargo. The Supreme Court on…