Category Archives: World/National

An Alaska tsunami warning had residents scrambling for high ground after 7.3 magnitude earthquake

An Alaska tsunami warning had residents scrambling for high ground after 7.3 magnitude earthquake

ANCHORAGE, Alaska (AP) — Communities along a 700-mile stretch of Alaska’s southern coast ordered their residents to higher ground after a powerful earthquake, but officials quickly downgraded and then canceled a tsunami warning in the area. There were no immediate reports of significant damage. Officials said the earthquake, with a preliminary magnitude of 7.3, struck at 12:37 p.m. local time south of Sand Point. The first waves were projected to land there, but the state’s emergency management division said an hour after the quake that it had received no reports of damage. The earthquake was reportedly felt as far away as Anchorage, almost 600 miles to the northeast.… Continue Reading

Trump says he’s ‘highly unlikely’ to fire Fed’s Powell after floating that idea in private

Trump says he’s ‘highly unlikely’ to fire Fed’s Powell after floating that idea in private

WASHINGTON (AP) — President Donald Trump says he’s “highly unlikely” to fire Federal Reserve Chair Jerome Powell. His public statement Wednesday came less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing Powell. Trump confirmed to reporters that in a White House meeting Tuesday night with about a dozen House Republicans, he’d discussed the “concept” of dismissing Powell. The Fed chair has long been a target because of his refusal to lower interest rates as Trump wants. Trump’s team recently has accused Powell of mismanaging a $2.5 billion renovation project at the Fed. Trump said Wednesday he’s “highly unlikely” to dismiss Powell — ”unless he has to leave for fraud.”… Continue Reading

Trump slams his own supporters as ‘weaklings’ for falling for what he now calls the Epstein ‘hoax’

Trump slams his own supporters as ‘weaklings’ for falling for what he now calls the Epstein ‘hoax’

NEW YORK (AP) — President Donald Trump is lashing out at his own supporters as he tries to clamp down on criticism over his administration’s handling of much-hyped records in Jeffrey Epstein’s sex trafficking investigation. And Trump told reporters Wednesday that “it’s all been a big hoax” that, in his words, has been ”perpetrated by the Democrats.” He says “some stupid Republicans and foolish Republicans” have fallen “into the net.” The Justice Department and the FBI say Epstein didn’t maintain a “client list” and that no more files related to the investigation would be made public despite promises from Attorney General Pam Bondi that had raised the expectations of conservative influencers and conspiracy theorists.… Continue Reading

Senate votes to move ahead with Trump’s request for $9 billion in spending cuts

Senate votes to move ahead with Trump’s request for $9 billion in spending cuts

WASHINGTON (AP) — Senate Republicans have advanced President Donald Trump’s request to cancel some $9 billion in previously approved spending. They overcame concerns from some lawmakers about what the rescissions could mean for impoverished people around the globe and for local public radio and television stations in their home states. The Senate vote was 50-50, with Vice President JD Vance breaking the tie. Proponents described the bill as a first step in putting the nation’s fiscal house in order. Democrats questioned their intent given that Republicans just passed a major tax and spending cut bill that is expected to increase federal deficits by an estimated $3.4 trillion over the coming decade.… Continue Reading

Pam Bondi dodges questions on Epstein and Bongino amid Justice Department turmoil

Pam Bondi dodges questions on Epstein and Bongino amid Justice Department turmoil

ARLINGTON, Va. (AP) — Attorney General Pam Bondi refused to answer questions Tuesday about investigate files related to Jeffrey Epstein and her clash with a top FBI official. She’s seeking to press ahead with a business-as-usual approach in the face of right-wing outrage that has plunged the Justice Department into turmoil. Bondi was pressed by reporters at an announcement touting drug seizures. The Trump administration is struggling to contain the fallout of a decision not to release any more records related to the wealthy financier’s sex trafficking investigation.… Continue Reading

The tariff-driven inflation that economists feared begins to emerge

The tariff-driven inflation that economists feared begins to emerge

WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. Consumer prices rose 2.7% in June from a year earlier, the Labor Department said Tuesday, up from an annual increase of 2.4% in May. Worsening inflation poses a political challenge for Trump, who promised during last year’s presidential campaign to immediately lower costs only to engage in a whipsawed frenzy of tariffs. Trump has declared that the U.S. effectively has no more inflation as he has attempted to pressure Federal Reserve Chair Jerome Powell into cutting short-term interest rates.… Continue Reading

Most US stocks fall, but Nvidia keeps Wall Street near records

Most US stocks fall, but Nvidia keeps Wall Street near records

NEW YORK (AP) — Most U.S. stocks are falling after an update on inflation hurt Wall Street’s hopes for lower interest rates. But indexes are staying close to their records on Tuesday thanks to Nvidia, the market’s most influential stock. The S&P 500 was virtually unchanged and just a bit below its all-time high set on Thursday. The Dow Jones Industrial Average fell 253 points, and the Nasdaq composite rose 0.7% toward another record. Stocks felt pressure from a report showing inflation in the United States accelerated to 2.7% last month from 2.4% in May. That could keep the Federal Reserve from cutting interest rates.… Continue Reading

Wall Street holds near its record amid doubts about Trump’s tariffs

Wall Street holds near its record amid doubts about Trump’s tariffs

NEW YORK (AP) — U.S. stock indexes held near their records following President Donald Trump’s latest updates to his tariffs, as speculation continues that he may ultimately back down on them. The S&P 500 edged up by 0.1% Monday. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 0.3%. Stock indexes fell in Europe but were mixed elsewhere after Trump announced 30% tariffs on goods from Mexico and the European Union. They won’t take effect until Aug. 1, which leaves time for more negotiations. Treasury yields held steady in the bond market, while bitcoin rallied at the start of Washington’s “Crypto Week.”… Continue Reading

Osprey came back from the brink once. Now chicks are dying in nests, and some blame overfishing

Osprey came back from the brink once. Now chicks are dying in nests, and some blame overfishing

GLOUCESTER POINT, Va. (AP) — The osprey is in decline in one of its key territories and some scientists blame overfishing of menhaden, an important food for the birds. The osprey is a fish-eating raptor known for gymnastic dives and whistle-like chirps. And it’s an American conservation success story: The hawk-like bird rebounded after DDT was banned, and now numbers in the thousands across the U.S. But biologist Bryan Watts has documented an alarming trend: The birds are failing to successfully fledge enough chicks around their key population center, the Chesapeake Bay. Members of the menhaden fishing industry say it’s unfair to pin the blame solely on them.… Continue Reading

Trump announces 30% tariffs against EU, Mexico to begin Aug. 1, rattling major US trading partners

Trump announces 30% tariffs against EU, Mexico to begin Aug. 1, rattling major US trading partners

BRIDGEWATER, N.J. (AP) — President Donald Trump has announced he’s levying tariffs of 30% against the European Union and Mexico starting Aug. 1. Trump detailed the planned tariffs Saturday in letters posted to his social media account. It’s a move that could cause massive upheaval between the U.S. and two of its biggest trade partners. European Union Commission President Ursula von der Leyen said the EU may adopt “proportionate countermeasures” if Trump moves ahead with the tariffs. Mexico’s government in a statement described the proposed move by Trump as “unfair treatment.” The letters are part of an announcement blitz by Trump of new tariffs with allies and foes alike, a bedrock of his 2024 campaign that he said would set the foundation for reviving a U.S. economy.… Continue Reading

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