Trump steers the world toward a tax war

The number of countries cutting energy taxes in response to the Iran war has doubled over the past month, and China blocked Meta’s $2bn purchase of the AI group Manus. Plus, big private equity backers have raised concerns that some firms may be waving through controversial deals. ...  Show more

Alleged Trump shooter is set to be charged in federal court Monday, Republican Senator Thom Tillis said he will allow confirmation of Fed nominee Kevin Warsh to proceed, and the world’s leading central banks are widely expected to hold off on inflation-fighting interest rate rise ...  Show more

President Trump faces questions on whether tariffs will remain in place as he welcomes trade negotiations with other countries. Forecasters warn of a heightened risk of recession as tariffs could mean higher prices and slower economic growth. And, the Trump administration has two ...  Show more

Some Republican leaders are squirming to keep Pete Hegseth’s name in the hat as president-elect Donald Trump’s defense secretary nominee—at all costs, said The New Abnormal co-hosts Andy Levy and Danielle Moodie. Plus! Christopher Robbins, reporter and co-founder of local news ou ...  Show more

President Trump's new tariffs went into effect just after midnight as U.S. trade partners seek negotiations. President Trump has raised the import tax on Chinese goods to a minimum of 104 percent. And, the U.S. Supreme Court has said the Trump administration is free to proceed wi ...  Show more

The White House put a pause on military aid to Ukraine after a heated Oval Office exchange with President Volodymyr Zelenskyy. Trump will address Congress tonight, outlining his agenda on immigration, tax cuts, and his approach to Ukraine. And, Trump's new tariffs on Canada, Mexi ...  Show more