Crude oil prices were on course for their third weekly rise as concern grew about supply after President Trump threatened 25% tariffs on any country buying Venezuelan crude while stepping up sanctions on Iranian entities. At the time of writing, Brent crude was trading at $73.91 per barrel while West Texas Intermediate was changing hands…
U.S. Homeland Security Secretary Kristi Noem on Wednesday visited the high-security El Salvador prison where Venezuelans who the Trump administration alleges are gang members have been held since their removal from the United States. The tour included two crowded cell blocks, the armory and an isolation unit. Noem’s trip to the prison — where inmates…
Super Micro (SMCI) Stock Trades Down, Here Is Why Shares of server solutions provider Super Micro (NASDAQ:SMCI) fell 8.8% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration’s 25% tariffs on Venezuela….
The Trump administration invoked a state secrets privilege Monday and refused to give a federal judge any additional information about the deportation of Venezuelan migrants to El Salvador under war authorities. U.S. District Judge James Boasberg is weighing whether the government defied his order to turn around planes carrying migrants after he blocked deportations of…
(Bloomberg) — China’s private refiners, long plagued by excess capacity and paper-thin margins, are facing yet another setback as the Trump administration imposes a 25% tariff on any buyer of Venezuelan oil and gas. Most Read from Bloomberg Beijing has had close commercial and political ties to Venezuela for years, fostering close connections to both…
Donald Trump warned countries that buy oil and gas from Venezuela would face stiff US tariffs (JUAN BARRETO) Equities mostly rose in Asia on Tuesday, extending Wall Street’s rally on easing fears over Donald Trump’s planned tariffs, while traders were also looking ahead to the release of key US inflation data. A surge in tech…
The Trump administration said on Monday that it planned to extradite a handful of Venezuelan men to Chile after declaring them subject to the Alien Enemies Act, a wartime law whose novel use is the subject of a pitched court battle. In a statement, Justice Department officials said three men had been declared “alien enemies”…
Washington — A federal judge raised questions about the lack of due process for immigrants deported under a wartime authority and rebuked the Justice Department for ignoring his order to turn around two deportation flights last Saturday. “I made it very clear what you had to do,” D.C. Chief District Judge James Boasberg told Drew…
The Trump administration will be revoking the legal status of hundreds of thousands of Latin American and Haitian migrants welcomed into the U.S. under a Biden-era sponsorship process, urging them to self-deport or face arrest and removal by deportation agents. The termination of their work permits and deportation protections under an immigration authority known as…
Attorney General Pam Bondi and top Justice Department officials said the government may invoke states secret privilege to block a federal judge from viewing specific information about two deportation flights of alleged Tren de Aragua gang members, court filings Wednesday show. In a filing excoriating D.C. District Chief Judge James Boasberg for demanding detailed…