Trump announces US tariff rates for select trading partners

Donald Trump has announced that the US will begin sending letters to some trading partners to establish new tariff rates, indicating a lack of capacity to negotiate individual trade agreements. He highlighted the difficulty for the White House in managing negotiations with many countries simultaneously, stating he “can’t meet the number of people he wants […]

Walmart announces plans to increase prices because of higher expenses from tariffs.

Walmart announced on Thursday that the effects of President Trump’s trade war would significantly impact costs, warning that tariffs would negatively affect the economy and lead to increased prices, which consumers might feel sharply. The retail giant indicated plans to increase prices this month and into early summer as items impacted by tariffs make their […]

Trump announces that the US is near a nuclear agreement with Iran

President Donald Trump indicated on Thursday that the US is nearing a nuclear agreement with Iran, mentioning that Tehran has, perhaps, somewhat accepted certain terms. During his Gulf tour, Trump remarked, “We are in very serious negotiations with Iran for long-term peace.” He added, “We’re getting close to making a trade without resorting to more […]

California Governor Newsom Announces Limits on Healthcare Benefits for Undocumented Immigrants

Governor Newsom Faces Backlash Over Health Benefits Proposal California Governor Gavin Newsom’s recent plan to cut illegal foreign health benefits has sparked notable criticism from immigration advocates and some members of his party, while conservatives are not swayed by his attempts to appear more moderate. This move represents a significant shift from the governor’s earlier […]

AMD announces a $6 billion stock repurchase plan

AMD Unveils $6 Billion Stock Buyback Plan Advanced Micro Devices (AMD) revealed a new $6 billion stock buyback strategy on Wednesday, joining a trend among semiconductor firms aiming to stabilize their shares as the momentum from AI-driven trading appears to be tapering off. Following the announcement, AMD’s shares in Santa Clara, California, climbed by 6.4%. […]

Three new prisons will begin construction this year, announces the justice secretary.

As part of a broader initiative to expand the prison system, the government plans to construct three new prisons this year, following an expansion plan announced by the Attorney General. Shabana Mahmood has introduced reforms regarding the recall of prisoners. Essentially, individuals serving sentences between one and four years can only face a fixed recall […]