Donald Trump on Sunday said he was “not joking” about the possibility of seeking a third term as president of the United States, even though the US Constitution bars presidents from being elected more than twice. “There are methods which you could do it,” Trump said when asked if he was serious, in an interview…
Could President Trump’s tariffs spur a recession? An economist warns consumers about a potential economic downturn with President Donald Trump’s trade war pressing on. U.S. stocks are expectd to open modestly lower, consolidating gains made in the last two sessions as Federal Reserve officials kick off their policy meeting on Tuesday. Almost no one expects…
A new crisis is brewing near one of the world’s most crucial shipping lanes as Yemen’s Houthis and the United States square off. The US injured and killed more than 100 people in strikes in Yemen on Saturday night, according to Yemeni media and sources. The Houthis claimed a response on a US warship on…
Questions about the state of the economy intensified this week as the U.S. stock market fell on Monday yet again—just one day after President Donald Trump declined to dismiss the idea that a recession could happen. In a Sunday interview with Fox News, Trump was asked whether he believes that a recession might happen this…
Tesla’s stock plunges by half; is Elon Musk’s EV party over? Tesla’s stock has dropped by nearly half in three months, losing most of the gains it made following the U.S. election last year, when CEO Elon Musk helped fund the victory of President Donald Trump. U.S. stocks mostly fell in early trading Tuesday, extending…
Former Philippines President Rodrigo Duterte, wanted by the International Criminal Court (ICC) for crimes against humanity, has been flown to the Hague hours after being arrested in the capital Manila on Tuesday. The ICC warrant seen by Reuters accuses Duterte of criminal responsibility for the murder of at least 43 people between 2011 and 2019…
Recession fears persist amid inflation and trade wars President Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration’s continuing trade war. The “R” word, recession, suddenly has become a hot topic, as more Americans wonder if tariffs and other pressures might push the economy…
United States President Donald Trump, on Thursday, paused tariffs on several imports from Mexico and Canada for a month. Earlier, he had imposed 25 percent tariffs on almost all imports from both countries. He first announced a halt on the tariffs for Mexico after a phone call with that country’s president, Claudia Sheinbaum. Later, he…
DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose to the top of the Apple App Store charts (and Google Play, as well). DeepSeek’s AI models, which were trained using compute-efficient techniques, have led Wall Street analysts — and technologists — to question whether the U.S. can maintain its…
The United States on Monday broke away from its European allies by declining to hold Russia accountable for its invasion of Ukraine during votes on three United Nations resolutions aimed at ending the three-year conflict. In the UN General Assembly (UNGA), the resolution called for “advancing a comprehensive, just and lasting peace in Ukraine”; it…