ARLINGTON, Va. — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, Fed Chair Jerome Powell said Friday. Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than ...
NEW YORK — Wall Street’s worst crisis since COVID slammed into a higher gear Friday. The S&P 500 lost 6% after China matched President Donald Trump’s big raise in tariffs announced earlier this week. The move increased the stakes in a trade war that could end with a ...
LOS ANGELES — Val Kilmer, the brooding, versatile actor who played fan favorite Iceman in “Top Gun,” donned a voluminous cape as Batman in “Batman Forever” and portrayed Jim Morrison in “The Doors,” has died. He was 65. Kilmer died Tuesday night in Los Angeles, surrounded by ...
WASHINGTON — Republican senators are meeting Wednesday morning with President Donald Trump at the White House as they push ahead on his big bill of tax breaks and spending cuts while delaying some of the most difficult decisions, including the costs and how to pay for the ...
MADISON, Wis. — Judge Susan Crawford preserved liberals’ narrow majority on the Wisconsin Supreme Court Tuesday by defeating conservative Brad Schimel, but in a way the real loser of the election was billionaire Elon Musk. Musk and his affiliated groups sunk at least $21 million into the ...
WASHINGTON — President Donald Trump announced plans for sweeping tariffs Wednesday, saying “our country has been looted, pillaged, raped, plundered” by other nations. The aggressive rhetoric came as Trump showed a willingness to dismantle a global economic system that the United States ...
