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Pivotal trade talks with Beijing loom as Trump swears in new US ambassador to China: ‘What timing’

Politics

Pivotal trade talks with Beijing loom as Trump swears in new US ambassador to China: ‘What timing’

Former Georgia Republican Sen. David Perdue was sworn in as U.S. ambassador to China Wednesday, with President Donald Trump remarking on the timing of the ceremony as trade talks between the two nations are set to kick off. "We're swearing in our next ambassador to the People's Republic of China. What timing, David. What timing? Only you could have picked this timing," Trump quipped as Secretary of State Marco Rubio prepared […]

todayMay 7, 2025 1

Federal Reserve holds key interest rate steady amid economic uncertainty

Business

Federal Reserve holds key interest rate steady amid economic uncertainty

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of economic uncertainty.The central bank's decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.It comes after the Fed left rates at that level at its two previous meetings in January and March, which followed three consecutive rate […]

todayMay 7, 2025 1

Disney to open theme park in Abu Dhabi

Business

Disney to open theme park in Abu Dhabi

Disney plans to add a new theme park to its portfolio, with the entertainment giant revealing Wednesday that it intends to open one in the United Arab Emirates (UAE) in the coming years.Disney’s new theme park will be constructed on Yas Island in Abu Dhabi, the capital city of the UAE, according to the company. The theme park in Abu Dhabi "will offer signature Disney entertainment, accommodations, unique dining and retail […]

todayMay 7, 2025 1

Blue state governor vows ‘resistance’ as Trump admin targets sanctuary policies

Politics

Blue state governor vows ‘resistance’ as Trump admin targets sanctuary policies

Gov. J.B. Pritzker, D-Ill., promised President Donald Trump's administration "resistance" on Wednesday following Secretary of Homeland Security Kristi Noem's immigration press conference near the Governor's Mansion in Springfield, Illinois. "Secretary Noem must have not realized she was visiting during Latino Unity Day where we come together to celebrate the vibrancy and diversity of our community," Pritzker said in a press release. "Today, Secretary Noem was met by a force stronger than […]

todayMay 7, 2025

Stefanik grills university president over disciplinary action on campus antisemitism

Politics

Stefanik grills university president over disciplinary action on campus antisemitism

Republican New York Rep. Elise Stefanik grilled the president of Pennsylvania’s Haverford College during a congressional hearing Wednesday over disciplinary action on campus-related antisemitism since Hamas’ deadly attack on Israel on Oct. 7, 2023.Haverford College President Wendy Raymond tried to sidestep Stefanik’s question of whether there had been any disciplinary action taken against a student group that was accused of antisemitism at the college. Raymond said the group’s statements were […]

todayMay 7, 2025