American politics
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Trump administration imposes new restrictions on Harvard over financial concerns
BOSTON: The Trump administration escalated its campaign against Harvard University on Friday (Sep 19), placing new restrictions on the Ivy…
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Nvidia CEO Jensen Huang caught between US, China’s ‘larger agendas’
LONDON: Nvidia CEO Jensen Huang said on Wednesday (Sep 17) that Washington and Beijing “have larger agendas to work out”…
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Trump backs Kennedy on vaccines despite risks
WASHINGTON: US President Donald Trump on Saturday (Sep 6) stood by Health Secretary Robert F Kennedy Jr despite mounting pressure…
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Epstein victims urge US Congress to release documents
TRUMP AND REPUBLICAN LEADERS RESIST House Republican leaders are attempting to sidestep a direct vote, with House Speaker Mike Johnson…
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Trump cancels US$4.9 billion in foreign aid, escalating clash with Congress
USAID DISMANTLED Trump has effectively dismantled USAID, the world’s largest humanitarian aid agency, since taking office. Founded in 1961 as…
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US Fed’s preferred inflation gauge steady but pressures linger
WASHINGTON: The United States Federal Reserve’s preferred inflation gauge held steady in July, but a measure of underlying prices ticked…
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Trump moves to fire Fed governor, escalating effort to control central bank
FED INDEPENDENCE AT RISK The dispute sets up another test of presidential power in Trump’s second term, with the 79-year-old…
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Trump picks Stephen Miran to fill open spot on Fed board
WASHINGTON: US President Donald Trump on Thursday (Aug 7) said he will nominate Council of Economic Advisers chairman Stephen Miran…
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US to initially impose ‘small tariff’ on pharma imports, Trump says
CHIP TARIFFS PLANNED NEXT Trump also said on Tuesday he plans to announce tariffs on semiconductors and chips in the…
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Kugler Resigns From Fed, Opening Door to Trump Appointment
WASHINGTON: Federal Reserve Governor Adriana Kugler will step down from her post on Aug 8, the US central bank said…
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