Author: Press Room
WASHINGTON (AP) — President Donald Trump said Thursday that he’s announcing increases on U.S. tariffs to match the tax rates that other countries charge on imports.“TODAY IS THE BIG ONE: RECIPROCAL TARIFFS!!!” Trump posted on his social media site, Truth Social. “MAKE AMERICA GREAT AGAIN!!!”Trump later posted that there would be a news conference in the Oval Office on the tariffs Thursday afternoon, raising questions about whether he’s formally signing the tariffs as he previously said he would do or simply making the broader case for them to U.S. voters with plans to study and formulate a detailed set of…
Joann Fabrics plans to shut down more than half of its remaining stores across the country after another Chapter 11 bankruptcy in less than a year.In a motion filed Wednesday in bankruptcy court, the 82-year-old fabric and craft giant announced it is seeking to close approximately 533 of its 800 locations in the U.S., citing sluggish sales and inventory issues, including $616 million in “untenable” debt.The states with the most Joann Fabric store closures are California (61), Florida (36), Pennsylvania (33), Ohio (33), and Michigan (33). New Jersey has six stores slated to close, 24 in New York, and one…
President Trump President Trump is scheduled to hold his first of two press conferences at 1 pm ET today, where he says he will discuss reciprocal tariffs during an executive order signing. President Trump is scheduled to hold another press conference with Indian Prime Minister Narendra Modi at 5:10 pm ET. As The Gateway Pundit reported, President Trump told reporters on Wednesday that he will hold a press conference today “to read to you some of the names that hundreds of millions and even billions of dollars have been given to.” This comes one day after Elon Musk said DOGE…
The Weeknd’s “Timeless” with Playboi Carti jumps back to No. 1 on one U.K. chart, keeping “Cry for … [+] Me” from debuting on top. Instead, the new smash launches at No. 2. INDIO, CALIFORNIA – APRIL 21: The Weeknd performs with Metro Boomin at the Sahara tent during the 2023 Coachella Valley Music and Arts Festival on April 21, 2023 in Indio, California. (Photo by Matt Winkelmeyer/Getty Images for Coachella)Getty Images for Coachella The Weeknd sits at number No. 1 on more than half a dozen charts in the United Kingdom this week. The global superstar launches his latest…
Prison building corridor representing private prison investinggetty I recently asked someone if they were invested in private prisons (private prison investing), and they replied, “I don’t think so.” When I followed up by asking if they invested in mutual funds in their 401(k) or Roth IRA, their expression changed. This reaction is not uncommon; many investors aren’t fully aware of what companies their mutual funds hold. In February 25, 2021, I wrote Are you unknowingly invested in private prisons? This is an update to that article. However, some people (maybe you) worry about missing out on potential returns if they…
The Wall Street Journal shared a rumor on Thursday, citing anonymous people “familiar,” that the Communist Party of China proposed to President Donald Trump that Beijing could host a summit between him and Russian strongman Vladimir Putin to discuss the war on Ukraine. The reported summit would not include Ukrainian President Volodymyr Zelensky, the newspaper claimed. The White House has not commented at press time on the report, while the Chinese Foreign Ministry refused to answer a question on the matter on Thursday and the Kremlin stated that it did not yet have a full list of countries that would help…
Sen. Tina Smith (D-MN) on Thursday announced she will not seek reelection in 2026, setting up a midterm election battle in the Democrat-leaning state. “I’ve decided not to run for re-election to the Senate in 2026. This job has been the honor of a lifetime. For the rest of my term, I’ll work as hard as I can for Minnesotans and our country. Thank you so much, Minnesota,” Smith wrote on X. Smith, who had joined Congress’s upper chamber in 2018, said her decision not to run for reelection came “after 20 years of hard and rewarding work in the…
KAMPALA, Uganda (AP) — A prominent opposition figure jailed in Uganda for allegedly threatening state security is unwell and in need of urgent medical care, his attorney said Thursday.Four-time presidential candidate Kizza Besigye, who has been in detention since his abduction from Kenya on Nov. 16, is infirm and experiences episodes of hypertension, said Erias Lukwago.A military tribunal in Kampala has charged Besigye, 68, and an assistant with offenses related to illegal possession of a firearm and threatening national security. Besigye also faces a separate charge of treachery, a crime under military law that carries the death penalty.Trusted news and…
Minnesota Gov. Tim Walz is considering a run for Senate next year, according to a person close to the governor who was granted anonymity to describe internal deliberations. His consideration of the seat comes after Sen. Tina Smith (D-Minn.) announced her retirement from the blue-leaning battleground on Thursday. Walz, the former vice presidential nominee, could also run for reelection as governor in 2026. Smith, who has served in the Senate since 2018, said in a video announcing her decision that “after 20 years of hard and rewarding work in the public sector, I’m ready to spend more time with my…
By Doina ChiacuWASHINGTON (Reuters) – Billionaire Elon Musk said on Thursday many federal government agencies must be eliminated as part of President Donald Trump’s push to radically overhaul the U.S. government.”We do need to delete entire agencies, as opposed to leave part of them behind. Just leave part of them behind. It’s easy. It’s kind of like leaving a weed,” Musk said in a video call addressing the World Governments Summit in Dubai.Trusted news and daily delights, right in your inboxSee for yourself — The Yodel is the go-to source for daily news, entertainment and feel-good stories.”If you don’t remove…