30 h. ago Rümeysa Öztürk, detained Tufts student, released from federal custody – US politics live

Turkish national and PhD student was arrested by US agents in March over her pro-Palestinian political speechLarge institutional investors have massively increased their holdings of Trump Media and Technology Group (TMTG) in recent months according to SEC filings, with many enlarging their positions by hundreds of millions of dollars.The revelations raise further questions about big business’s desire to curry favor with Donald Trump and his administration via the enterprises he has maintained or commenced. TMTG runs the Truth Social social media platform – on which the US president himself posts almost daily – as well as financial services and a film and TV streaming service.Donald Trump’s refusal to divest from his publicly traded company has predictably prompted huge investments from wealthy special interests that could use a favor from the president.Institutional Wall Street investors and even a foreign company with business before the administration have effectively offered a fo...

Politics

33 h. ago Trump ‘looking at’ suspending habeas corpus, top aide Stephen Miller says – US politics live

White House deputy chief of staff told reporters administration is ‘actively’ considering suspending a person’s right to challenge legality of their detentionLarge institutional investors have massively increased their holdings of Trump Media and Technology Group (TMTG) in recent months according to SEC filings, with many enlarging their positions by hundreds of millions of dollars.The revelations raise further questions about big business’s desire to curry favor with Donald Trump and his administration via the enterprises he has maintained or commenced. TMTG runs the Truth Social social media platform – on which the US president himself posts almost daily – as well as financial services and a film and TV streaming service.Donald Trump’s refusal to divest from his publicly traded company has predictably prompted huge investments from wealthy special interests that could use a favor from the president.Institutional Wall Street investors and even a foreign company with business before...

Politics

59 h. ago Wall Street Journal's shocking woke insult towards first American Pope Robert Francis Prevost

The Chicago-born prefect of the Vatican's powerful dicastery for bishops.

Events

3 d. ago Investors are misjudging Trump’s resolve on tariffs, Pimco warns

Bond giant says Wall Street should ‘believe’ the president’s threats to restore big levies

Events

3 d. ago Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady

Asian shares are rising moderately after a lackluster finish on Wall Street, with most shares ticking higher after the Federal Reserve left its main interest rate unchanged, as was widely expected

Politics

3 d. ago Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

Events

3 d. ago UK and eurozone construction declines slow; European markets fall ahead of Fed rate decision – business live

People’s Bank of China cuts interest rates due to global uncertainty and ‘trade tensions’Matthew Pointon, senior commercial real estate economist at Capital Economics, said:The commercial balance was at its lowest since the height of the Covid lockdowns in May 2020. Early signs of a recovery in construction activity in late 2024 have therefore been snuffed out. Elevated interest rates will be partly responsible, but uncertainty caused by the US tariff announcements may also be weighing on activity.Admittedly, UK property is relatively well insulated from the impact, and some sectors may even benefit. Construction costs may also ease if materials that had been destined for the US are rerouted to the UK. But the rise in overall economic uncertainty may cause some developers to delay plans until the outlook becomes clearer. Indeed, the new orders balance saw a small fall to 44.0, from 44.2 in March. Continue reading...

Society

5 d. ago After Canada and Australia, could Donald Trump really be the saviour of centre

The picture is complex, experts say, despite two resounding wins for liberal parties in national elections, after polls had put them on track for defeatPierre Poilievre and Peter Dutton began the year as leaders in waiting. With national elections in Canada and Australia on the horizon, both leaders were consistently leading in the polls. But a mere four months later, the votes have come and gone and their parties remain out of government. In the process, both suffered the indignation of losing the seats they held for more than two decades.On Sunday, as the results of the Australian elections were broadcast across the world, international media were quick to blame one man: Donald Trump. “First Canada, now Australia?” asked the Wall Street Journal, with the paper claiming the “Trump factor” had boosted Australian prime minister Anthony Albanese’s chances. CNN called it “the Trump slump” and suggested the phenomenon was spreading. Continue reading...

Politics

5 d. ago Attorney says NCAA deal should resolve judge's concerns over roster limits, criticizes Saban

An attorney in the $2.8 billion legal case reshaping college sports says he thinks an updated agreement with the NCAA will solve the judge’s concerns over roster limits that have delayed the settlement’s approval

Economics

6 d. ago How the stock market made back all its losses after Trump escalated the trade war

It felt much longer, but the U_S_ stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump’s “Liberation Day.”

Politics

8 d. ago Citi del Sol: How the party ended for Wall Street bank’s Málaga experiment

‘They sold us the dream but the reality was much more different,’ said one employee 

Politics

8 d. ago Elon Musk's mom uses vile slur against WSJ reporters as she slams 'dishonest' article about son

'The @WSJ dishonest article about @elonmusk and @Tesla was written by three women,' Maye Musk wrote on X Thursday, taking the time to tag the reporters responsible.

Politics

8 d. ago Wall Street and European markets finish week on a high after US jobs report

FTSE 100 records its longest winning streak as Washington releases better-than-expected hiring figuresMarkets on both sides of the Atlantic rose on Friday after hiring in the US slowed less than expected in April, offering a glimmer of hope that the world’s largest economy was in a better-than-feared position to withstand the fallout from Donald Trump’s tariffs.On Wall Street the S&P 500 was up 1.5% and the Dow Jones rose 1.3% by early afternoon on Friday, while European markets closed sharply higher after official figures showed the US workforce grew by 177,000 last month. Continue reading...

Politics

8 d. ago US stocks wipe out steep losses that followed Trump’s ‘liberation day’

Rally in Wall Street’s S&P 500 share index comes after 177,000 jobs added in labour data

Politics

9 d. ago Apple quarterly earnings beat Wall Street expectations amid Trump trade policy chaos

Trump said consumer electronics will be exempted from his soaring tariffs on China, though it is unclear for how longApple’s second-quarter financials came in slightly higher than Wall Street’s expectations on Thursday.The tech giant reported revenue of $95.4bn, up more than 4% over last year, and earnings-per-share of $1.65 per share, up more than 7%. Analysts had predicted revenue of $94.5bn and earnings of $1.62. The company, worth $3.2tn, has beaten Wall Street’s expectations for the previous four quarters. Continue reading...

Events

9 d. ago Apple to report quarterly earnings amid Trump trade policy chaos

Trump said consumer electronics will be exempted from his soaring tariffs on China but it is unclear for how longInvestors have their eyes on Apple as it prepares to report financial results of the second quarter of the fiscal year on Thursday. The tech giant has been working to calm nervous analysts after Donald Trump levied sweeping tariffs on countries around the world that are likely to complicate supply chains for consumer electronics. Since the beginning of the year, Apple’s stock has slumped 16%.In anticipation of its earnings report, the company’s stock notched up slightly on Wednesday. Analysts are predicting a positive quarter for Apple with an average revenue estimate of $94.56bn, up 4.2% over last year, and earnings of $1.62 per share, up 5.8%. The company, worth $3.2tn, has beaten Wall Street’s expectations for the previous four quarters. Continue reading...

Events

9 d. ago McDonald's store traffic falls unexpectedly as diners grow uneasy about economy

McDonald’s store traffic fell unexpectedly in the first quarter as economic uncertainty weighed on diners

Politics

9 d. ago Tesla denies reports it contacted recruiters to help it replace Elon Musk

The Wall Street Journal had reported the electric car maker’s board had contacted search firms to help it find a new chief executive.

Politics

9 d. ago Tesla denies report claiming board looked to replace Elon Musk

Wall Street Journal article saying headhunters were contacted branded ‘absolutely false’ by chair Robyn DenholmTesla has denied a report that its board sought to replace Elon Musk as its chief executive amid a backlash against his rightwing politics and declining car sales.Robyn Denholm, the chair of the board at the electric carmaker, said in a statement on Tesla’s social media account on X: “Earlier today, there was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company. Continue reading...

Politics

9 d. ago Martin Scorsese documentary to bring ‘final dream’ of Pope Francis to life

It will feature conversations between Oscar-winning director Scorsese and the late pontiff.

Sport