Author: Press Room

President Trump on Wednesday announced a 90-day pause on most of his new tariffs, and a lowering of the “reciprocal tariff” rate to 10%, effective immediately, he said on Truth Social. The U.S. stock market surged immediately after the president’s announcement. At the same time, the president said he’s increasing the tariff rate on goods imported from China to 125%.”Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,” he wrote.Treasury Secretary Scott Bessent and White House press secretary…

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Ten men, some wearing camouflage, others in vests loaded with ammunition for their AR-15 rifles, gathered under the morning shade of oak trees in Central Florida last month. They were there to learn marksmanship tactics common among Special Operation forces and elite law enforcement units.Their instructor, Christopher Eric Roscher, an Air Force veteran, introduced himself and then led the group in prayer.“Lord, you would use them as assets, to be protectors in this world, in a world that’s full of evil,” he prayed.The men gathered around him were not soldiers, police officers or right-wing militia members. They were mostly civilians,…

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Delta Air Lines has suffered “a significant drop” in travel bookings from Canada during its first quarter and is considering flight capacity cuts to this country, a top company executive said Wednesday. “In Canada, we have seen a significant drop off in bookings. In Mexico, it’s kind of a mixed, a mixed bag. Some of the markets are performing better, some are performing worse,” Delta president Glenn Hallenstein told investment analysts on a conference call.“So, we’re navigating through those waters and I think we will be looking at Canada and Mexico as places that we probably want to reduce our…

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Sai Sudharsan and Prasidh Krishna have led Gujarat Titans to a 58-run victory over Rajasthan Royals as the 2022 champions notched their fourth straight win in the Indian Premier League to go top of the 10-team standings.Left-handed opener Sudharsan smashed 82 off 53 balls — his third half-century of the season — and spearheaded Gujarat to 6-217 after Rajasthan won the toss and bowled on Wednesday.Right-arm fast bowler Krishna then picked up 3-24 in four overs with his sharp, short deliveries and spinner Rashid Khan took 2-37 as Rajasthan were bowled out for 159 in 19.2 overs.Shimron Hetmyer of the…

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US CONSUMERS Some economists have warned that, ultimately, US consumers are likely to bear the brunt of the trade war, facing higher prices on everything from sneakers to wine. Danish luxury stereo maker Bang & Olufsen said on Wednesday it would raise prices on selected products next month to account for the tariffs and other factors. Nearly three-quarters of Americans expect the prices of everyday items to rise in the next six months, a new Reuters/Ipsos poll found. The full effects of Wednesday’s tariffs may not be felt for some time, as any goods already in transit as of midnight…

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Hits by Celine Dion and Mary J. Blige. The song “Happy Trails” by Roy Rogers and Dale Evans. Tracy Chapman’s debut album. The original cast album of the Broadway musical “Hamilton.” The chimes Brian Eno wrote for Microsoft Windows in 1995.These were among the 25 audio works chosen this year to join the National Recording Registry of the Library of Congress, which preserves works deemed “culturally, historically or aesthetically significant” that are at least 10 years old.More than 2,600 nominations were made by the public this year, with “Chicago Transit Authority,” the 1969 album from the rock band Chicago, topping…

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The recording is a meaningful one for Don Was, who’s served as president of Blue Note since 2011. “James Spaulding! Man, I don’t know if he was ever captured playing better than those nights,” he said in a video interview. “And the rhythm section, they’re swinging relentlessly. People sometimes complain about the recording quality of that album. I happen to love it because it is the 1965 equivalent of immersive audio. It puts you in that room, man. And it’s such a glamorous, romantic image. I don’t know what that club was like but I can picture it — subterranean,…

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Apple iPhones could become even pricier under President Trump’s reciprocal tariffs on roughly 90 foreign nations, which were slated to take effect Wednesday, but are now on hold for 90 days, with the exception of levies on China.In a move that threatens to raise costs on all electronics, including iPhones, the White House on Tuesday said it would follow through on a threat to enact a 104% tariff on all Chinese goods imported into the U.S. The levy took effect Wednesday at 12:01 a.m. EDT. Later Wednesday, Mr. Trump raised the tariff rate to 125%, effective immediately. The price for the…

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Universal Studios will build its first European theme park in Bedfordshire, England, studio officials said Wednesday, previewing a sprawling resort that could combine iconic American brands like “Jurassic Park” with classic British characters like Paddington Bear, Dr. Who and Harry Potter.Set to open in 2031, British officials said the yet-to-be-named theme park would be Britain’s largest single tourist attraction. Executives at Comcast, Universal’s parent company, said the 476-acre complex would include themed lands, rides, a 500-room hotel, shops and dining.Keir Starmer, the British prime minister, hailed the announcement as a boost for his country’s sluggish economy and an example of…

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