Author: Press Room

CHINA TALKS “STALLED” On Thursday, Treasury Secretary Scott Bessent told Fox News Channel that US trade talks with China were “a bit stalled” and getting a deal over the finish line will likely need the direct involvement of Trump and Chinese President Xi Jinping. The US-China agreement to dial back triple-digit tariffs for 90 days prompted a massive relief rally in global stocks, and along with other pauses on Trump’s import taxes, has lowered the effective US tariff rate to the mid-teens from around 25 per cent in early April. It was less than 3 per cent when Trump took office…

NEWYou can now listen to Fox News articles! The California track and field state championship prelim round in Clovis on Friday was a scene of conflicting beliefs and even police intervention amid an ongoing controversy involving a trans athlete competing in the girls’ category. At least one person was arrested, the Clovis Police Department confirmed Fox News Digital. The person arrested was a protester who is accused of shattering a car window with a flag pole. The department confirmed the person arrested was an LGBTQ activist. “This afternoon at 3:55PM, a disturbance between two adults occurred at the intersection of Nees/Minnewawa. One…

Daniel Loeb has found himself a new goal as his hedge fund Third Point entered its milestone 30th year: To be a true winner in the red-hot artificial intelligence boom and not run over by it. “Change is happening at an ever accelerating and increasing rate and it’s just going to require us to continue to be even more nimble, and to use AI as your own tool to stay on top of what’s going on,” Loeb told CNBC’s Scott Wapner at Third Point’s investor day Thursday. “You’ll either be a beneficiary of AI or AI roadkill. So I think…

United States President Donald Trump has accused China of violating an agreement to mutually roll back tariffs and trade restrictions for critical minerals, as he suggested China was in “grave economic danger” until he agreed to cut a deal earlier this month. Posting on his Truth Social platform on Friday evening, Trump said he made a “fast deal” with China for both countries to back away from triple-digit tariffs for 90 days to “save” Beijing from a “very bad situation”. The US leader said his tariffs of up to 145 percent on Chinese imports had made it “virtually impossible” for…

An appeals court on Friday refused to freeze a California judge’s order halting the Trump administration from downsizing the federal workforce, which means that Department of Government Efficiency-led cuts remain on pause for now.In the 2-1 ruling, the Ninth Circuit Court of Appeals denied the White House’s request to freeze the injunction.   “The Executive Order at issue here far exceeds the President’s supervisory powers under the Constitution,” the appeals court wrote. “The President enjoys significant removal power with respect to the appointed officers of federal agencies.”The administration had sought an emergency stay of an injunction issued by U.S. Judge Susan Illston…

A South Carolina man on death row who had been considering death by firing squad opted Friday for lethal injection instead after another inmate appeared to linger before dying when bullets apparently missed his heart. Stephen Stanko’s attorneys told him that lethal injection would feel like drowning when a lethal dose of pentobarbital is injected into the inmate’s veins and there’s a rush of fluid into the lungs. Medical experts hired by the state have said the drugs render an inmate unconscious before the inmate feels any pain, but experts hired by inmates have said the rush of fluid can feel like…

By Payton Zillich Global News Posted May 30, 2025 8:29 pm 1 min read Descrease article font size Increase article font size Going outside this weekend may be difficult for some as wildfire smoke begins to move south. Lung Saskatchewan president Erin Kuan says the best thing one can do to protect themselves is to stay indoors to avoid the smoke. Some signs that your body is not doing well in the smoke is headaches, watery eyes, scratchy throat and generally feeling unwell. Get breaking National news For news impacting Canada and around the world, sign up for breaking news…

The Trump administration cannot proceed with plans to shed tens of thousands of US federal jobs and shutter many government offices and programs.

“STEPPING UP” Spending on weapons and research is spiking among some Asian countries as they respond to a darkening security outlook by broadening their outside industrial partnerships while trying to boost their own defence industries, according to a new study by the London-based International Institute for Strategic Studies, the organisation that runs the Shangri-La Dialogue. The spike comes even as the nations spent an average of 1.5 per cent of GDP on defence in 2024, a figure that has remained relatively constant over the last decade, it said. Hegseth suggested during his speech that allies in Europe focus on security…

United States President Donald Trump has announced his administration is raising tariffs on steel imports from 25 percent to 50 percent. Speaking to steelworkers and supporters at a rally outside Pittsburgh, Pennsylvania, Trump framed his latest tariff increase as a boon to the domestic manufacturing industry. “We’re going to bring it from 25 percent to 50 percent, the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States,” Trump told the crowd. “Nobody’s going to get around that.” How that tariff increase would affect the free-trade deal with Canada…