Will the tariffs lead to a recession? Here’s how to know if we’re in one
WASHINGTON (AP) — President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession. The tariffs, set to take effect Wednesday, include a 10% blanket duty on nearly all countries and […]
Nations puzzle over how to respond to US trade war as global markets gyrate
BRUSSELS (AP) — America’s trading partners wrestled with responses to U.S. President Donald Trump’s blast of tariff hikes and some planned to send negotiators to Washington, while the head of the European Union’s executive commission offered mutual reduction of tariffs – while warning that retaliation was an option too. “We stand ready to negotiate with […]
How to watch Trump’s first joint address to Congress of his second term
WASHINGTON (AP) — President Donald Trump on Tuesday night will deliver the first joint congressional address of his second presidency. It’s not officially called the State of the Union, a title reserved for a president’s annual address to Congress during other years of an administration. But it is an opportunity for Trump to lay out […]
Republicans struggle with how to pay for Trump’s big bill
DORAL, Fla. (AP) — After fours years of criticizing growing government deficits under Joe Biden, Republicans now have a math problem of their own — how to offset the multitrillion-dollar cost of extending and expanding the tax cuts they passed in President Donald Trump’s first term. House Republicans attending their annual retreat at a Trump-owned […]
Special counsel evaluating how to wind down two federal cases against Trump after presidential win
WASHINGTON (AP) — Special counsel Jack Smith is evaluating how to wind down the two federal cases against Donald Trump before the president-elect takes office in light of longstanding Justice Department policy that says sitting presidents cannot be prosecuted, a person familiar with the matter said Wednesday. Smith charged Trump last year with plotting to […]
Scientists create new idea on how to hack a warming planet: drying the upper atmosphere
WASHINGTON (AP) — Government scientists have cooked up a new concept for how to potentially cool an overheating Earth: Fiddle with the upper atmosphere to make it a bit drier. Water vapor — water in its gas form — is a natural greenhouse gas that traps heat, just like carbon dioxide from burning coal, oil […]