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Trump tariffs to reduce US deficits by $1 trillion less than previous estimate, CBO says

By Richard Cowan WASHINGTON (Reuters) -President Donald Trump's tariff increases on imports from foreign countries will reduce U.S. deficits by $3 trillion if they are maintained through 2035, the non-partisan Congressional Budget Office estimated on Thursday, instead of the $4 ...
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China’s private REITs offer new funding path for property firms

By Li Gu and Clare Jim SHANGHAI/HONG KONG (Reuters) -China's nascent private REIT market has emerged as a rare bright spot for cash-strapped developers, with a record fundraising pipeline of $12 billion for this year, driven by rising investor demand ...
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Trump signs order to remove tariffs from Brazilian beef, coffee

(Reuters) -U.S. President Donald Trump signed an executive order on Thursday to lift import duties on Brazilian beef, coffee, and some other agricultural products that were impacted by Trump's 40% tariff announcement in July, the White House said. The order ...
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What to know about the Justice Department’s Jeffrey Epstein files

NEW YORK (AP) - The clock is ticking for the U.S. government to open up its files on Jeffrey Epstein. After months of rancor and recriminations, Congress has passed and President Donald Trump has signed legislation compelling the Justice Department ...
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Former congressional staffer accused of faking politically motivated attack

A former congressional staffer has been accused of fabricating a violent attack against herself at a New Jersey park, according to a criminal complaint.Natalie Greene, 26, paid a body modification artist to scar her and then claimed she had ...
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Florida congresswoman faces expulsion threat after indictment

By Nolan D. McCaskill WASHINGTON (Reuters) -A resolution to expel Democratic U.S. Representative Sheila Cherfilus-McCormick was filed in the House of Representatives on Thursday, pressuring her to resign after her indictment on federal charges of misusing COVID-19 relief funds. While the ...
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Dramatic photos of doomed UPS plane show the aircraft on fire, engine flying off

LOUISVILLE, Ky. (AP) - Frame by frame, six photos released by federal investigators on Thursday graphically captured horrifying images of ill-fated Flight 2976 as it turned into a deadly fireball along a Kentucky airport runway. The chilling sequence first shows ...
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Tribal leaders say Trump administration failed to consult with them on Education Department changes

Tribal leaders and education advocates said the Education Department failed to meet a statutory requirement by not consulting with tribes before announcing the transfer of dozens of Native American education programs to other federal agencies. This week, the Education Department ...
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Fugees rapper Pras Michel sentenced to 14 years in prison over illegal donations to Obama campaign

WASHINGTON (AP) - Grammy-winning rapper Prakazrel "Pras" Michel of the Fugees was sentenced on Thursday to 14 years in prison for a case in which he was convicted of illegally funneling millions of dollars in foreign contributions to former ...
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White House defends Trump calling a female reporter ‘piggy’

WASHINGTON (Reuters) -The White House on Thursday defended President Donald Trump after he called a female reporter "piggy" as she questioned him about the late convicted sex offender Jeffrey Epstein, saying the president's remarks reflected his frankness and transparency. In ...
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Trump expands tariff relief on coffee, fruit and beef from Brazil

WASHINGTON (AP) - President Donald Trump has further loosened tariffs on Brazil as part of his effort to lower consumer costs for Americans. The decision, released Thursday, affects coffee, fruit and beef, among other goods. The White House said last ...
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Coast Guard set to change policy to call swastikas and nooses ‘potentially divisive’

WASHINGTON (AP) - The U.S. Coast Guard is poised to change some of its language and policies surrounding the display of hate symbols like swastikas and nooses as well as how personnel report hate incidents. A Coast Guard message in ...
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