6 h. ago BoE asks banks whether clients have funding problems after Trump

Central bank’s Prudential Regulation Authority has so far found little sign of serious financial distress

Politics

18 h. ago Donald Trump's 'tariff war' will cause 'economic nuclear winter' claims billionaire supporter

Hedge fund manager Bill Ackman has warned that Trump's tariffs will 'destroy confidence' in the US for trading and investment.

Economics

24 h. ago Black Monday fears as Trump's tariffs send Asian stocks plummeting and US President says 'medicine' is needed

Billionaire fund manager and Trump supporter Bill Ackman has warned the tariffs could spark an ‘economic nuclear winter’

Politics

26 h. ago Trump is targeting US universities as never before. Here are four ways to help them | Cas Mudde

Supporters in Europe can offer new opportunities and minimise the isolation. Certainly they can avoid making things worseUniversities in the US are under attack. While the Trump administration pretends to punish them for their alleged compliance with or support for “antisemitism” (ie pro-Gaza demonstrations) and “anti-white racism” (ie diversity, equity and inclusion initiatives), the real targets are academic freedom and freedom of speech. Going after the most prominent and privileged universities, such as Columbia and Harvard, kills two birds with one stone: it garners prime media attention and spreads fear among other, far less privileged universities.The rest of the world has taken note and has started to respond, though mostly without knowing much about the specifics of US academia and without asking US-based academics what they need. Obviously, different academics face different challenges – depending on, for example, their gender and race, legal status, the state they live in...

Politics

3 d. ago Defying a court order, Trump administration refuses to fund Radio Free Europe

Delay in financing has forced the news organization to furlough some staff and cut some programs.

Politics

3 d. ago Trump campus crackdown continues with threat Harvard must end ‘ideological capture’ or lose billions

White House has targeted five Ivy League universities so far as part of efforts to enforce priorities on antisemitism, DEI, and transgender people

Politics

3 d. ago Judge blocks Trump from dismantling agency that funds community groups in Latin American countries

A federal judge agreed on Friday to block the Trump administration from dismantling an independent agency that distributes grant money to community development groups in Latin American and Caribbean countries

Politics

3 d. ago Trump demands UK universities which get funding from US prove none of it is spent on woke DEI projects or research

Donald Trump is demanding British universities which receive funding from the USA prove the money is not being spent on ' woke ' research in a new crackdown.

Politics

3 d. ago IMF warns of ‘significant risk’ to global economy from Trump tariffs as markets plunge

Fund boss Kristalina Georgieva says it is important that US and trading partners avoid escalating trade warBusiness live – latest updatesThe International Monetary Fund (IMF) has warned that Donald Trump’s implementation of swingeing tariffs poses a “significant risk” to the global economy, as stock markets were hit by a punishing worldwide sell-off by investors.Kristalina Georgieva, the managing director of the IMF, said it was important that the US and its trading partners avoided further escalating Trump’s trade war, while stock markets plunged on Friday as China retaliated against the tariffs. Continue reading...

Events

4 d. ago Brown University to see half a billion in federal funding halted by Trump administration

A White House official says the Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown University

Politics

4 d. ago Macron suggests pause on US investment as EU leaders condemn Trump tariffs

Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiationsEuropean leaders have condemned Donald Trump’s tariffs as “fundamentally wrong” and creating an “immense difficulty for Europe”, while appealing for last-ditch negotiations to avert an all-out trade war.The French president, Emmanuel Macron, said Trump’s decision to impose tariffs was “brutal and unfounded” and appeared to call for a suspension of French investment in the US until the tariffs were clarified. Continue reading...

Politics

5 d. ago Trump freezes CT education funds: Which districts are affected?

Trump freezes CT education funds: Which districts are affected?  CT Mirror

Politics

6 d. ago Trump administration sued over decision to rescind billions in health funding

Attorneys general from 23 states and the District of Columbia are suing the Trump administration for its decision to claw back $12 billion that went to public health departments for COVID-19 efforts and addiction and mental health programs

Politics

6 d. ago Investors flock to gold funds as fears over Trump tariffs mount

Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assets

Economics

7 d. ago Trump task force to review Harvard's funding after Columbia bows to federal demands

Harvard University has become the latest target in the Trump administration’s approach to fight campus antisemitism

Politics

7 d. ago Trump officials to review $9bn in Harvard funds over antisemitism claims

Administration accuses university of failing to protect students and plans to look into federal grants and contractsThe Trump administration announced a review on Monday of $9bn in federal contracts and grants at Harvard University over allegations that it failed to address issues of antisemitism on campus.The multi-agency Joint Task Force to Combat Anti-Semitism said it will review the more than $255.6m in contracts between Harvard University, its affiliates and the federal government, according to a joint statement from the education department, the health department and the General Services Administration. The statement also says the review will include the more than $8.7bn in multi-year grant commitments to Harvard University and its affiliates. Continue reading...

Politics

7 d. ago A DOGE employee is put in charge of the US Institute of Peace, a court filing alleges

A court filing says an official allied with Elon Musk’s Department of Government Efficiency has been put in charge of the U.S. Institute of Peace, a congressionally funded think tank targeted by President Donald Trump for closure

Events

7 d. ago Clean energy spending boosts GOP districts. But lawmakers are keeping quiet as Trump targets incentives

We asked 18 Republicans whose districts benefit most from Biden’s IRA climate law if they back Trump’s demandsBillions of dollars in clean energy spending and jobs have overwhelmingly flowed to parts of the US represented by Republican lawmakers. But these members of Congress are still largely reticent to break with Donald Trump’s demands to kill off key incentives for renewables, even as their districts bask in the rewards.The president has called for the dismantling of the Inflation Reduction Act – a sweeping bill passed by Democrats that has helped turbocharge investments in wind, solar, nuclear, batteries and electric vehicle manufacturing in the US – calling it a “giant scam”. Trump froze funding allocated under the act and has vowed to claw back grants aimed at reducing planet-heating pollution. Continue reading...

Politics

1 week ago Columbia president Katrina Armstrong steps down amid Trump threats, marking second shake

The University remains in negotiations with Trump administration over restoring access to $400 million in federal funds

Politics

1 week ago Trump signs executive order threatening to gut Smithsonian Institute funding unless ‘improper ideology’ removed: Live

President directs JD Vance to rid museums of ‘divisive narratives’ in latest culture war push

Politics