8 h. ago Senate version of Trump’s Big Beautiful Bill holds ‘’unexpected’ tax break up to $2,000 for nearly all Americans

The bill could include a $1,000 deduction for single filers and $2,000 for joint filers.

Economics

55 h. ago Iran’s mission to UN says Tehran will not negotiate ‘under duress’

Consulate rebuts Trump’s claim Iranian negotiations want to come to Washington

Events

59 h. ago Canada said it would stand up to Trump. Instead, it’s taking cues from him | Shiri Pasternak and Dayna Nadine Scott

Federal and provincial governments are ‘flooding the zone’ with damaging corporate giveaways under the guise of resistanceSteve Bannon calls it “flooding the zone”. Donald Trump demonstrated it in his first weeks back in office, when he introduced over 100 executive orders. Regardless of their legal viability, the sheer volume of policy changes is the point. It is a political strategy to overwhelm institutions, courts and social groups, preventing effective opposition.In Canada, we are witnessing our own version of “flooding the zone” from our new prime minister, Mark Carney, in coordination with provincial and territorial premiers. Carney is the former governor of the Bank of England. Prior to that, he was the governor of the Bank of Canada. He recently won the federal election by defeating a rightwing opponent Canadians feared would steer them too far towards Trump policies. Yet Carney’s “negotiations” with Trump have so far involved gentle reminders that Canada would never become...

Politics

3 d. ago Trump warns Iran 'I'm not in the mood to negotiate' as US Air Force planes land in Europe and Israel strikes nuclear facility

The US president abruptly left Prime Minister Sir Keir Starmer and allies at a major global summit amid the escalating conflict between Israel and Iran

Events

3 d. ago From NFL to NBA to MLB, this is how Trump’s ‘Big Beautiful Bill’ could make your favorite sports team a loser

Trump has a long-running feud with the National Football League but is friendly with many team owners

Politics

3 d. ago Israel and Iran strikes continue into fifth day as Trump demands ‘complete give

US president says he is looking at something ‘better than a ceasefire’ after leaving G7 in CanadaLiving in Israel: how have you been affected?Living in Iran: how have you been affected?Donald Trump has encouraged vice president JD Vance and his Middle East envoy, Steve Witkoff, to offer to meet the Iranians this week, the New York Times has reported, citing a US official.Iranian foreign minister Abbas Araghchi had earlier indicated that Tehran was open to negotiations, also suggesting Trump could stop the war with “one phone call” to Israeli leader Benjamin Netanyahu. In a post on X he wrote:If President Trump is genuine about diplomacy and interested in stopping this war, next steps are consequential. Israel must halt its aggression, and absent a total cessation of military aggression against us, our responses will continue.It takes one phone call from Washington to muzzle someone like Netanyahu. That may pave the way for a return to diplomacy.There is indeed an offer to meet and e...

Politics

6 d. ago Netanyahu outplayed Trump on Iran. Now the US risks being mired in another war | Mohamad Bazzi

If Trump wants to be the peacemaker he claims to be, he must negotiate a new deal with TehranBefore dawn on Friday, Israel unleashed a wave of air strikes against more than 100 targets in Iran, including nuclear facilities, ballistic missile factories and air defense systems. The surprise Israeli attack also killed some of Iran’s most senior military commanders and nuclear scientists. The Iranian regime called it a “declaration of war” – and western powers raced to prevent a wider regional conflict that could draw in the US along with other countries in the Middle East.While the Israeli prime minister, Benjamin Netanyahu, claims that he’s trying to prevent Iran from developing nuclear weapons, the attack is as much intended to blow up ongoing negotiations between Tehran and Donald Trump’s administration. While Trump’s overall foreign policy has been a disaster, for months he had resisted Netanyahu’s pleas to give Israel a green light to attack Iran, with US assistance. Trump insiste...

Events

7 d. ago Republicans back Israeli attack on Iran but some Democrats say it sabotages nuclear talks

Trump and GOP cheered the strikes, but others say Israeli PM deliberately harmed nuclear program negotiationsUS politics live – latest updatesDonald Trump and Republicans in Washington on Friday cheered Israel for carrying out long-threatened strikes on Iran, but several Democrats accused that country’s prime minister, Benjamin Netanyahu, of deliberately sabotaging talks to resolve the question of Tehran’s nuclear program peacefully.Iran has few friends within the American political establishment, while Israel retains widespread support in Congress, even as some Democrats publicly condemn its conduct in the war in Gaza. Republicans lined up behind the president in praising the attack, which seems certain to put an end to weeks of thus-far fruitless negotiations over Iran’s nuclear program. Continue reading...

Politics

9 d. ago The Guardian view on Trump and deportation protests: the king of confected emergencies | Editorial

Strongmen love inventing or exploiting crises to justify extreme measures and extended power. The US is taking another step towards authoritarianismDonald Trump will celebrate his birthday with a North Korean-style military parade costing tens of millions of dollars this weekend. He has gratefully accepted the early gift of the demonstrations, which have spread across the country, with more scheduled for Saturday. The president’s immigration crackdown spurred overwhelmingly peaceful protests in Los Angeles. Ordering in troops, over the governor’s head, then inflamed the situation and allowed the agent of chaos to portray himself as its nemesis once more.Mr Trump has diverted attention from his rift with Elon Musk, the stalling of his “big, beautiful” tax and spending bill, the court-ordered return of the wrongly deported Kilmar Ábrego García and the impending impact of tariffs. But underlying the manufactured crisis is a deeper agenda: reigniting fear of undocumented migrants, deleg...

Politics

9 d. ago Trump says China will face 55% tariffs under trade deal; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

9 d. ago Trump declares deal with China is ‘done’; US inflation rises to 2.4% – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

9 d. ago Trump declares deal with China is ‘done’, with agreement on rare earths and magnets – business live

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Economics

9 d. ago Tesla shares rise as Musk ‘regrets’ posts about Donald Trump; US

Rolling coverage of the latest economic and financial newsElon Musk says he regrets some of his posts about Trump: ‘They went too far’US-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Politics

9 d. ago Elon Musk says he ‘regrets’ some of his posts about Donald Trump; US

Rolling coverage of the latest economic and financial newsUS-China trade talks: ‘framework’ deal amid dispute over rare earthsShares in Tesla are set to rally in New York later today, after Elon Musk attempted to patch up relations with Donald Trump.Tesla’s shares are up 2.5% in premarket trading at $334.28, as traders react to Musk’s expression of regret over his criticism of Trump last week. Continue reading...

Politics

1 week ago Donald Trump faces Lettuce Liz Truss crisis over 'crazy' tax cuts, says ex IMF man

Donald Trump is heading for a "Lettuce" Liz Truss "moment" after spooking the markets with his "beautiful" tax cut bill, economists say.

Politics

1 week ago Unstoppable force loses battle with immovable object: Elon bows to Trump

Four days into a public feud between the world’s most powerful person and the world’s richest person, I declare Musk the loserElon Musk and Donald Trump are no longer friends. Tension between the two exploded into public view in the middle of last week, with each leveling sharp barbs at the other. Four days into the public feud between the world’s most powerful person and the world’s richest person, though, I declare Musk the loser. An unstoppable force has lost its battle with an immovable object.From my colleagues Hugo Lowell and Andrew Roth: On Thursday, Elon Musk called for Donald Trump’s impeachment and mocked his connections to the convicted sex offender Jeffrey Epstein, as the US president threatened to cancel federal contracts and tax subsidies for Musk’s companies, in an extraordinary social media feud that erupted between the former allies. The direct shots at Trump were the latest twist in the public showdown over a Republican spending bill that Musk had criticized. Conti...

Politics

1 week ago Trump’s ‘big, beautiful’ bill is built on falsehoods about low

Republicans portray those in poverty as lazy people who make poor decisions. They’re using that trope to justify huge cuts to the social safety netAs they race to deliver Donald Trump’s “big, beautiful” tax bill, Republicans in Congress are using familiar tropes to justify massive cuts to the safety net that will leave millions of low-income children and families without healthcare or sufficient food. The programs, they argue, are rife with waste, fraud and abuse, and the people who use them just aren’t working hard enough. So work requirements are necessary to force the obviously lazy “able-bodied” people to get to work.Here’s the reality check: a majority of those receiving this aid who can work are already working. More than 70% of working-age people who receive nutrition benefits or Medicaid, the health insurance program for low-income children and adults that covers one in five Americans, are already working, according to the Government Accountability Office. Those who aren’t w...

Politics

2 w. ago Trump urged to immediately SEIZE SpaceX from Musk after fallen 'First Buddy' threatened to leave NASA astronauts stranded in space

Steve Bannon, former senior adviser to President Donald Trump and a fierce critic of Elon Musk, has called for direct action to be taken against the billionaire entrepreneur.

Technology

2 w. ago War of words between president and former adviser escalates – as it happened

This blog is closed. Musk calls for Trump to be impeached as extraordinary feud escalatesTesla share plunge amid Trump feud wipes $152bn off companyMusk says SpaceX will retire Dragon spacecraftPresident Vladimir Putin told US president Donald Trump that he was ready to use Russia’s close partnership with Iran to help with negotiations over Iran’s nuclear programme, the Kremlin said on Thursday.Trump said after a phone call with Putin on Wednesday that time was running out for Iran to make a decision on its nuclear programme and that he believed Putin agreed that the Islamic Republic should not have nuclear weapons. Continue reading...

Politics

2 w. ago Trump urged to immediately SEIZE Space X from Musk after fallen 'First Buddy' threatened to leave NASA astronauts stranded in space

Steve Bannon, former senior adviser to President Donald Trump and a fierce critic of Elon Musk, has called for direct action to be taken against the billionaire entrepreneur.

Technology