61 m. ago Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell

World shares are mostly higher while U.S. futures are mixed after President Donald Trump rocked Wall Street by saying he had “talked about the concept of firing” the head of the Federal Reserve

Politics

17 h. ago Trump privately indicates he may soon fire Fed chair Jerome Powell

The US president denies he would dismiss the Federal Reserve head after reportedly drafting letter to sack himDonald Trump has privately indicated he is on the cusp of firing the Federal Reserve chair Jerome Powell, rattling Wall Street and renewing questions over the US central bank’s independence.The US president insisted on Wednesday that it was “highly unlikely” he would dismiss the Fed chair, after reports he had suggested he would and shown a draft letter dismissing Powell to political allies. Continue reading...

Politics

17 h. ago Trump says he's 'unlikely' to fire Fed chief Powell despite GOP urging

President Trump said he's 'unlikely' to fire Federal Reserve Chair Jerome Powell after months of threats.

Politics

17 h. ago London stocks slip after reports that Trump will fire Federal Reserve boss

London stocks slip after reports that Trump will fire Federal Reserve boss  Yahoo

Politics

18 h. ago Dollar falls after Trump asks lawmakers if he should fire Jay Powell

Concern over independence of the Federal Reserve fuels slide in currency

Politics

30 h. ago How Trump could use a building renovation to oust the Fed chair

President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project

Politics

30 h. ago Former US Marine Corps reservist charged in Texas immigration detention center shooting

Federal prosecutors have charged a former U.S. Marine Corps reservist with attempted murder after an attack at a Texas immigration detention center

Events

34 h. ago Voices: Trump just delivered a word salad speech that would’ve got Biden impeached

In a few short remarks, the president revealed he has very little knowledge of the U.S. economy; is incapable of remembering where his own representatives or aides are and cannot stay awake during an early afternoon public appearance, Holly Baxter writes.

Politics

45 h. ago US inflation accelerated last month to highest level since February

Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures

Economics

63 h. ago Trump continues attacks on Federal Reserve chair as he demands lower interest rates – live updates

Trump attacks Federal Reserve chair Jerome Powell, calling him a ‘stupid guy’ and a ‘knucklehead’ as he demands lower interest ratesWith Trump’s headache not showing any signs of going away, Politico learned that “an ally supportive of the Trump DOJ’s handling of the Epstein case, has pitched senior White House officials on the idea of Bondi and deputy attorney general Todd Blanche doing an all-questions-addressed news conference in an attempt to exhaust the press and put the story to bed.”Maga influencer and far-right activist Laura Loomer also told Politico on Sunday that “there should be a special counsel appointed to do an independent investigation of the handling of the Epstein files so that people can feel like this issue is being investigated, and perhaps take it out of [Pam Bondi’s] hands, because I don’t think that she has been transparent or done a good job handling this issue”. Continue reading...

Politics

65 h. ago Voices: In a deeply weird NATO presser, ‘Daddy’ Trump made one announcement — and then another, and then another

NATO’s new golden boy accompanied the U.S. president on a verbal tour round Trump’s brain on Monday morning

Politics

2 d. ago Voices: Beware the second Trump state visit – here’s how it could all go horribly wrong

The prime minister has also sensibly opted for the Trump visit to be held during the parliamentary recess – one might almost think it intentional, writes Sean O’Grady

Politics

8 d. ago Ukraine war briefing: US weapons supply pause ‘caught Trump off guard’

Russian claim of deadly Ukrainian attack on Kursk beach; convictions over Wagner arson attack in London. What we know on day 1,232Trump criticises Putin and promises Patriots for UkraineDonald Trump was reportedly caught off guard by the Pentagon’s abrupt move to pause Ukraine weapons deliveries, which the president has overturned. The Associated Press cited three people familiar with the matter, one of whom described Trump as being caught “flat footed” by last week’s announcement. A Pentagon spokesperson denied that the defence secretary, Pete Hegseth, had acted without consulting the president. But asked by a reporter on Tuesday who had approved the pause, Trump bristled at the question while he was gathered with his Cabinet. “I don’t know. Why don’t you tell me?”Trump on Tuesday voiced his frustration with Vladimir Putin and promised to send Ukraine 10 Patriot missiles, which are claimed to be in short supply. Speaking at a cabinet meeting on Tuesday, Trump said he was getting in...

Events

8 d. ago Marco Rubio 'impersonator' used AI to mimic top Trump aide's voice on calls with foreign leaders

An imposter used AI technology to impersonate Secretary of State Marco Rubio and contacted at least a handful of top U.S. and foreign government officials.

Politics

8 d. ago Trump criticises Putin and promises to send Ukraine 10 Patriot missiles

US president says ‘a lot of bullshit is thrown at us’ by Putin, as Ukrainian officials say number of missiles is ‘minuscule’Donald Trump has voiced his frustration with Vladimir Putin and promised to send 10 Patriot missiles to Ukraine, after announcing on Monday that US weapons deliveries would resume days after they were halted by the Pentagon, according to an official familiar with the matter.Speaking at a cabinet meeting on Tuesday, Trump said he was getting increasingly frustrated with the Russian leader. “We get a lot of bullshit thrown at us by Putin, if you want to know the truth. He’s very nice all the time, but it turns out to be meaningless,” he said. Continue reading...

Politics

1 week ago Voices: Elon Musk’s latest Trump spat could end the Maga saga for good

If the ‘train-wreck’ Tesla boss goes through with launching the America Party – bankrolling a new presidential candidate with his almost limitless wealth – it would do more than just derail Trump’s second term, asks Sean O’Grady

Politics

1 week ago Voices: Right now, Trump can do no wrong – except in Washington DC

The ‘Big Beautiful Bill’ passing into law is the crowning achievement of the president’s first six months in the White House, a time marked by more wins than losses. But, says Mary Dejevsky, the US capital remains baffled by the president’s ability to get what he wants – and his enduring popularity in the country at large 

Politics

2 w. ago Closely watched US jobs report likely to show hiring slowed in June

The steady slowdown in U.S. hiring likely continued in June as President Donald Trump’s trade wars, federal hiring freeze and immigration crackdown weighed on the American job market

Politics

2 w. ago Voices: Alligator Alcatraz will get the thumbs up from Trump’s Maga supporters

A vast new migrant detention centre in a remote part of the Florida Everglades – where would-be escapees are guaranteed to be eaten alive by crocodiles – comes from an imagination every bit as sadistic as any in Ancient Rome, says Sean O’Grady

Politics

2 w. ago Dutch king now accused of 'power move' in Trump meeting after Queen denies she mocked his voice

A viral moment between King Willem-Alexander of the Netherlands and US President Donald Trump has sparked heated debate online.

Politics