News
US Trade Deficit at 2-Year Low as Imports Tumble
The U.S. trade deficit in goods narrowed to the lowest level in nearly two years in June as imports fell sharply, cementing economists' expectations that trade likely accounted for much of an anticipated rebound in economic growth in the second quarter.
Tue, 29 Jul 2025 09:48:41 EDTAnalysis: Trump Tariffs May Raise Factory Costs by 4.5%
As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into focus for a domestic manufacturing sector that depends on global supply chains, with a new analysis suggesting factory costs could increase by roughly 2%...
Tue, 29 Jul 2025 09:05:18 EDTNYC Mayor: Gunman Who Killed 4 in Manhattan Targeted NFL Headquarters
New York City Mayor Eric Adams said Tuesday that a gunman who killed four people at a Manhattan office building was trying to target the headquarters of the National Football League but took the wrong elevator. I nvestigators believe Shane Tamura was trying to get to the NFL...
Mon, 28 Jul 2025 19:29:25 EDTPope Leo XIV Gets Rock Star's Welcome at Catholic Influencer Festival
Pope Leo XIV on Tuesday received a rock star's welcome at the Vatican's festival of Catholic influencers - priests, nuns, and ordinary faithful who use their social media presence to preach and teach the faith - as he urged them...
Tue, 29 Jul 2025 08:02:02 EDTUS Appeals Court Judges Question 3K Daily Migrant Arrests
Three Democrat-appointed federal appeals court judges on Monday demanded an explanation as to whether the Trump administration has an official policy that requires the daily arrests of 3,000 migrants.
Tue, 29 Jul 2025 08:15:31 EDTAP-NORC Poll: 60% of Americans Use AI to Find Information
Most U.S. adults say they use artificial intelligence to search for information, but fewer are using it for work, drafting email or shopping.
Tue, 29 Jul 2025 08:02:04 EDTRussia's Aeroflot Cancels Flights, Says Schedule Stabilized After Cyberattack
Russian airline Aeroflot canceled dozens more flights on Tuesday but said it had now stabilized its schedule after a major cyberattack a day earlier. Two pro-Ukraine hacking groups claimed on Monday to have carried out a year-long operation to penetrate Aeroflot's network....
Tue, 29 Jul 2025 07:57:31 EDTGallup Poll: Dems, Independents Sour on Israel's Gaza War
Support for Israel's military action in Gaza has declined substantially among U.S. adults, with only about one-third approving, according to a new Gallup poll - a drop from the beginning of the war with Hamas, when about half of Americans approved of Israel's operation.
Tue, 29 Jul 2025 07:55:25 EDT3 Men Convicted in Theft of Ancient Celtic Gold Coins From a German Museum
Three men were convicted Tuesday in the theft of hundreds of ancient gold coins from a German museum in 2022 and handed prison sentences ranging up to 11 years. A court in the southern city of Ingolstadt convicted...
Tue, 29 Jul 2025 07:00:03 EDTUnion Pacific Bids for Norfolk Southern to Create Transcontinental Railroad
Union Pacific is seeking to buy Norfolk Southern in a deal valued at $85 billion in a merger that could trigger the final wave of railroad mergers across the country. The deal would create the first transcontinental railroad in the United States worth more than $200 billion,...
Tue, 29 Jul 2025 07:41:22 EDTThailand, Cambodia Ceasefire Holds as Dispalced Villagers Return Home
A ceasefire between Thailand and Cambodia appeared to hold Tuesday as tensions lingered despite a truce agreement to end deadly border clashes following economic pressure from the U.S. The ceasefire that was reached in Malaysia was supposed to take effect at midnight, but...
Tue, 29 Jul 2025 07:29:32 EDTFederal Reserve Likely to Hold Rates, Widening Trump-Powell Rift
The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell and his chief critic, President Donald Trump...
Tue, 29 Jul 2025 07:37:15 EDTJapanese Official: US-Japan Trade Deal Guarantees Lowest Tariff Rates for Chips, Pharma
Japan's leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips and pharmaceuticals of all the pacts negotiated by Washington.
Tue, 29 Jul 2025 07:28:37 EDTKremlin 'Noted' Trump's Shorter Deadline for Ceasefire in Ukraine
The Kremlin said on Tuesday that it had "taken note" of a statement by U.S. President Donald Trump that he was shortening his deadline for Moscow to sign up to a ceasefire in Ukraine or face sanctions. Trump set a new deadline on Monday of 10 or 12 days for Russia to make...
Tue, 29 Jul 2025 07:21:10 EDTPolice Seek Clues to Motive Behind Deadly Mass Shooting in Manhattan Office Tower
New York City homicide detectives sought clues on Tuesday to what possessed a Las Vegas man to drive cross-country and storm into a Midtown Manhattan office tower to open fire with a military rifle, killing four people, including a policeman.
Tue, 29 Jul 2025 07:20:21 EDTIona Strengthens to Category 3 Hurricane in Central Pacific off Southern Hawaii
Iona strengthened to a Category 3 hurricane several hundred miles south-southeast of Hawaii, but poses no threat to the islands, the U.S. National Hurricane Center said Tuesday.
Tue, 29 Jul 2025 07:15:52 EDTChina, US Trade Talks Continue in Sweden Over Tariffs
Chinese and U.S. trade officials arrived for a second day of meetings in the Swedish capital Tuesday to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world's two largest economies. U.S. Treasury Secretary Scott Bessent and...
Tue, 29 Jul 2025 07:10:09 EDTStellantis Expects Gradual Recovery in H2, More 'Tough Decisions'
Stellantis guided on Tuesday for increased net revenues and a low-single digit operating income margin in the second half despite increasing headwinds, as the automaker aims for a gradual recovery after a tough first half. The group also forecast an improved industrial free...
Tue, 29 Jul 2025 06:59:47 EDTGlobal Hunger Monitor: Famine 'Playing Out' in Gaza
Famine is "playing out" in the Gaza Strip, a global hunger monitor said in an alert issued on Tuesday as international criticism of Israel intensifies over rapidly worsening conditions in the Palestinian enclave.
Tue, 29 Jul 2025 07:06:29 EDTIndian Forces Kill 3 Pakistanis Behind Kashmir Attack
Indian forces have killed three Pakistanis involved in the April attack on Hindu tourists in the Jammu and Kashmir federal territory in which 26 men were shot dead, Home Minister Amit Shah said on Tuesday.
Tue, 29 Jul 2025 06:59:49 EDT