For children of deported parents, lonely journeys to a new home
One recent day at Miami’s international airport, Andy, age 6, was getting ready to fly to Guatemala. He was anxious, this was no year-end vacation to visit his relatives. Andy was moving to his ancestral country to reunite with his father, recently deported as part of President Donald Trump’s aggressive policy to expel undocumented migrants. […]
US retail sales miss expectations as consumers see higher costs
US retail sales grew at a slower pace than anticipated in September, government data showed Tuesday, as higher prices added to affordability concerns while firms grappled with an uptick in business costs. Publication of official economic data has recently been delayed by a record-long goverment shutdown, and the latest figures suggest that consumer spending lost […]
China passes US to return as Germany’s top trade partner
China has reclaimed its title as Germany’s top trading partner, dethroning the United States after President Donald Trump launched his tariff onslaught, official data showed Wednesday. Total trade between Europe’s biggest economy and China from January to September this year grew slightly to nearly 186 billion euros ($215 billion), according to federal statistics agency Destatis. […]
Senate rejects plan to end US government shutdown
Efforts to bring a quick end to the US government shutdown floundered Wednesday when senators rejected a plan to resolve an acrimonious funding stand-off between President Donald Trump and Democrats in Congress. With the government out of money after Trump and lawmakers failed to agree on a deal to keep the lights on, many federal […]
Air traffic controllers warn of US shutdown strain
Aviation groups urged US political leaders to quickly resolve a budget impasse Wednesday, warning that the government shutdown strains air travel and delays key upgrades. The closure has led to staff furloughs throughout the government, even as vital functions such as aviation safety proceed. Some 13,300 US air traffic controllers and thousands of other essential […]
US to stop collecting emissions data from polluters
The United States moved on Friday to dismantle a “burdensome” federal program that tracks greenhouse gas emissions across the US economy, the latest step by President Donald Trump’s administration to undercut efforts against climate change. The Greenhouse Gas Reporting Program (GHGRP), launched in 2010, covers more than 8,000 facilities — including power plants, fuel suppliers, […]
Asian markets fluctuate ahead of expected US rate cut
Asian markets were mixed Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have enjoyed a strong run-up over recent weeks as a string of data on jobs and inflation provided the US central bank with enough leeway to resume its rate reductions. Wednesday’s policy decision […]
US ‘very close’ to TikTok deal with China: US Treasury chief
The United States is “very close” to a deal with China to settle their dispute over TikTok, US Treasury Secretary Scott Bessent said Monday as the two sides resumed trade talks in Madrid. Bessent and Chinese Vice Premier He Lifeng opened the latest round of discussions in Madrid on Sunday, seeking to narrow differences on […]
Trump’s pick for US Fed governor vows to uphold independence
Donald Trump’s pick to join the Federal Reserve’s board of governors pledged Thursday to uphold US central bank independence if confirmed, as the institution faces growing political pressure from the president to slash interest rates. “The Federal Open Market Committee is an independent group with a monumental task, and I intend to preserve that independence,” […]
Apple to invest additional $100 bn in US
Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, US President Donald Trump said Wednesday. Trump announced the increased commitment at the White House alongside the tech giant’s CEO Tim Cook, calling it “the largest investment Apple has made in America.” […]