Author: Press Room

A U.S. District judge in San Francisco, California, on Monday granted a motion to postpone the Trump administration’s attempt to end temporary protected status (TPS) for Venezuelan nationals, which was granted under a program implemented by the Biden administration.Department of Homeland Security (DHS) Secretary Kristi Noem announced actions three days after being sworn into her role to strip nearly 350,000 Venezuelan nationals of their protection under the TPS program, which allows them to live and work temporarily in the U.S.By stripping the Venezuelans of their TPS status, the court said Noem is subjecting them to “possible imminent deportation” back to…

Two states nearly a thousand miles apart will on Tuesday provide the best evidence yet of whether President Trump and his Republican allies maintain robust support or whether they face a growing backlash led by a re-energized Democratic Party.In Wisconsin, a nearly $100 million race for control of the State Supreme Court has morphed from an important clash over the state’s direction into a referendum on Elon Musk’s supersized role in national politics.In Florida, one of two special elections for deep-red House seats suddenly seems too close for comfort for Republicans. Democrats, while still expecting to lose, are watching the…

A colossal fire has erupted in a Malaysian suburb outside Kuala Lumpur due to a burst gas pipeline, prompting evacuations of nearby homes.The towering inferno near a petrol station in Putra Heights in central Selangor state was visible for kilometres.National oil company Petronas said the fire broke out at one of its gas pipeline on Tuesday morning.The affected pipeline had been isolated, it said.Three petrol stations nearby the fire site were not affected but have been temporarily closed as a precautionary measure, Petronas said, adding that investigations were still under way.The Selangor Disaster Management unit said the blaze spread to…

The wait of more than a month for the time of the ruling has fuelled a bitter clash between the ruling party, with many of its members calling for Yoon’s reinstatement, and the opposition, which has said his return would deal a serious blow to the country’s constitutional order. Parliamentary lawyers seeking his removal compared Yoon to a dictator during their final arguments at his impeachment trial. Yoon, a former prosecutor who has seen his popularity dive, could face removal from office less than three years into his five-year presidency if his impeachment is upheld, marking a tumultuous end to…

CK Hutchison, one of the largest conglomerates in Hong Kong, earlier this month announced plans to sell its stake in two ports on the Panama Canal to a group of US investors led by BlackRock. The plan, part of a $22.8bn megadeal that would grant the consortium control over more than 40 ports in 23 countries, followed complaints by United States President Donald Trump that the key shipping route was under Chinese control. CK Hutchison shares soared following news of the deal on March 4, but plunged less than two weeks later when Ta Kung Pao, a Chinese state-run newspaper…

3/24: Face The Nation – CBS News Watch CBS News This week on “Face the Nation,” Margaret Brennan speaks to House Foreign Affairs Committee chair Rep. Michael McCaul and former counterintelligence official Sam Vinograd as Russia grapples with an attack at a Moscow concert hall that left more than 130 dead. Plus, former House Speaker Kevin McCarthy joins. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

President Trump is set to announce on Wednesday global tariffs that he says will combat unfair trade treatment by other countries and make sure American exporters remain competitive.On Monday, the Office of the United States Trade Representative released a wide-ranging report on foreign trade barriers that could hint at some of the trade battles the Trump administration aims to fight.In an annual report, the office listed the most important barriers to U.S. exports in dozens of countries. Those obstacles included tariffs, but also laws, regulations and policies that the administration said undermine competition. Here are eight of the most consequential…

After a grueling period of record outflows, the digital asset market is showing signs of life. Last week, digital asset investment products attracted a substantial $226 million in inflows, marking nine consecutive trading days of positive sentiment and fueling cautious optimism among investors, according to a CoinShares report. This turnaround follows a particularly rough patch, though a minor setback occurred on Friday, with $74 million exiting the market, likely spooked by unexpectedly high US core personal consumption expenditure (PCE) data that could influence the Federal Reserve’s interest rate decisions.Bitcoin (BTC) remains the undisputed king of crypto assets, pulling in a…

Stay informed with free updatesSimply sign up to the Pensions industry myFT Digest — delivered directly to your inbox.The UK’s £32bn pensions lifeboat has said it will invest 10 per cent of its assets in British infrastructure and scale-up companies if the government expands its remit to allow it to hoover up smaller schemes. The Pension Protection Fund — which was set up 20 years ago to protect defined benefit scheme members of failed companies — wants to be allowed to consolidate the UK’s sprawling DB sector, but needs ministerial approval to expand. “We’ve committed that we think we can…

Stay informed with free updatesSimply sign up to the US financial regulation myFT Digest — delivered directly to your inbox.The writer is the president and chief executive of the Investment Company InstituteThe challenge ahead for Donald Trump’s nominee for chair of the Securities and Exchange Commission is to show how the securities regulator can do its part in fulfilling the president’s promise to revive the American middle class. To do this, an SEC run by Paul Atkins should focus on innovation, efficiency and the needs of Main Street investors.One of the best ways to deliver on this promise is by…