Trump orders US nuclear subs repositioned over statements from ex-Russian leader Medvedev
WASHINGTON (AP) — President Donald Trump has ordered the repositioning of two U.S. nuclear submarines. …
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Trump orders US nuclear subs repositioned over statements from ex-Russian leader Medvedev
WASHINGTON (AP) — President Donald Trump has ordered the repositioning of two U.S. nuclear submarines. Friday's decision comes after what he calls "highly provocative statements" by former Russian President Dmitry Medvedev. Medvedev and Trump have feuded online in recent days. The impact on U.S. nuclear subs — which routinely patrol global hotspots — remains unclear. But the move potentially escalates tensions between Washington and Moscow at a delicate time, as Trump threatens new sanctions in an attempt to push Russia toward a ceasefire in its war with Ukraine. Trump said Friday evening that “he had to” reposition the subs. He said Medvedev made “inappropriate” threats and, “When you talk about nuclear, we have to be prepared."
What consumers can expect from import taxes as the US sets new tariff rates
American businesses and consumers are finding the contours of President Donald Trump’s foreign trade agenda taking shape. But they don't have much more clarity on how import taxes on goods from dozens of countries will affect them. Late Thursday, Trump ordered new tariff rates for 66 countries, the European Union, Taiwan and the Falkland Islands. Trump postponed the start date for all of the tariffs from Friday until Aug. 7. Companies are dealing with tariffs in various ways, from absorbing the tax costs themselves to raising prices. Economist say U.S. consumers are likely to foot at least part of the bill.
Trump removes official overseeing jobs data after dismal employment report
WASHINGTON (AP) — President Donald Trump on Friday had his team remove the head of the agency that produces the monthly jobs figures, after a weak report showed hiring slowed and was much weaker in April and May than previously reported. Trump in a post on his social media platform alleged that the figures were manipulated for political reasons and said that Erika McEntarfer, the director of the Bureau of Labor Statistics, who was appointed by former President Joe Biden, should be fired.
Corporation for Public Broadcasting to shut down after being defunded by Congress, targeted by Trump
WASHINGTON (AP) — The Corporation for Public Broadcasting has been a cornerstone of American culture for three generations. Now it says it will begin taking steps toward its own closure after being defunded by the U.S. Senate. That marks the end of a nearly six-decade era in which it fueled the production of renowned educational programming, cultural content and even emergency alerts. The demise of the corporation, known as CPB, is a direct result of President Donald Trump’s targeting of public media, which he has repeatedly said is spreading political and cultural views antithetical to those the United States should be espousing. The closure is expected to have a profound impact on the journalistic and cultural landscape.
Switzerland, the land of luxury brands, could see prices skyrocket from Trump's 39% tariffs
Switzerland is home to some of the world’s most recognizable luxury brands. It now faces a 39% tariff as a result of U.S. President Donald Trump’s trade war. Industry groups warned that both Swiss companies and American consumers could pay the price. Swiss officials failed to reach an agreement with the U.S. after Trump initially threatened a 31% tariff in April. The Swiss government spent Friday reeling from the news. The U.S. goods trade deficit with Switzerland was $38.5 billion last year. That's according to the Office of the United States Trade Representative.
Wall Street falls the most since May after employers slash hiring and tariffs roll out
The stock market had its worst day since May after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners. The S&P 500 fell 1.6% Friday, and the Dow Jones Industrial Average dropped 1.2%. The Nasdaq composite lost 2.2%. The surprisingly weak hiring numbers led investors to step up their expectations for an interest rate cut in September and sent Treasury yields sharply lower in the bond market. The new set of tariffs are set to go into effect Aug. 7.
Former US soldier is suspected in Montana bar shooting that killed 4, prompting manhunt
Authorities have launched a manhunt after a shooting at a Montana bar left four people dead. State investigators said the shooting happened Friday morning at The Owl Bar in Anaconda. Public records show and U.S. Army officials say the man suspected in the shooting is a military veteran who lived next to the bar. His home was cleared by a SWAT team, but he remained at large Friday evening and was believed to be armed, prompting warnings from officials to avoid the area. Authorities have yet to release details about what led to the shooting. Anaconda is a town of about 9,000 people that is about 75 miles southeast of Missoula.
Jury orders Tesla to pay more than $240 million in Autopilot crash case
MIAMI (AP) — A Miami jury decided that Elon Musk’s car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and must pay the victims more than $240 million in damages. The federal jury held that Tesla bore significant responsibility because its technology failed and that not all the blame can be put on a reckless driver. The driver had been looking for a dropped cellphone when he hit a young couple out gazing at the stars. The case could encourage other crash victims to hold out for big damages and dent confidence in self-driving technology. Lawyers for Tesla said the company will appeal.
Jeffrey Epstein's former girlfriend, Ghislaine Maxwell, is transferred to a prison camp in Texas
WASHINGTON (AP) — Jeffrey Epstein’s former girlfriend, Ghislaine Maxwell, has been moved from a federal prison in Florida to a prison camp in Texas as her criminal case generates renewed public attention. The federal Bureau of Prisons said Friday that Maxwell was taken to Bryan, Texas, but did not explain the circumstances. Her attorney confirmed the move but also declined to discuss the reasons for it. Maxwell was convicted in 2021 of helping Epstein sexually abuse underage girls and was sentenced to 20 years in prison. She had been held at a prison in Tallahassee, Florida, until her transfer to the camp in Texas.
Jeannie Seely, soulful country singer behind hits like 'Don't Touch Me,' dies at 85
NEW YORK (AP) — Jeannie Seely, the soulful country music singer known for hits like “Don’t Touch Me,” has died at 85. Her publicist says she died Friday from complications of an intestinal infection. Known as “Miss Country Soul,” Seely was a trailblazer for women in country music, celebrated for her spirited nonconformity and hits in the ‘60s and ’70s. She was hospitalized in May after multiple surgeries and a bout of pneumonia. Seely never stopped working in country music. Since 2018, she's hosted the weekly “Sunday’s with Seely” on Willie Nelson's SiriusXM channel. She appeared nearly 5,400 times at Grand Ole Opry, which will dedicate its Saturday show to her.